RightMesh (MESH) Review – RightMesh ICO Rating and Details.

RightMesh is the world’s first software-based, ad hoc mobile mesh networking platform and protocol using blockchain technology and MESH tokens to power growth.

Ticker:
MESH

Token type:
ERC20

ICO Token Price:
1 MESH = 1.00 USD

Fundraising Goal:
30,000,000 USD

Sold on pre-sale:
18,000,000 USD

Total Tokens:
129,500,000

Available for Token Sale:
30%

What is RightMesh?

RightMesh is a network protocol that is designed to allow smart phones and devices that can connect to wi-fi or have Bluetooth to share data and establish P2P connections. Additionally, it provides incentives for people to share their own resources such as data, storage, and bandwidth with those who need it.

The platform is born out of the idea of helping those in developing or third-world nations. By allowing these countries more access to the internet, their communication can improve, and they can work together to find solutions to common issues. The app can also have benefits for nations that are already considered developed as well. It can potentially be used at events like concerts, conferences, sporting events and more. Additionally, it can help to promote net neutrality. Other cases in which RightMesh could be of use include allowing access to educational videos in schools where there is limited or no connectivity.

RightMesh is currently in its third year of development, according to the road map provided on the product website. The map is pretty detailed and states that they are currently in the evolution stage of their development. The platform plans to launch late in 2018 and the map runs through 2021.

How Does RightMesh Work?

In order to understand how RightMesh works, users should first understand what exactly a wireless mesh network is. It is essentially a communication network that is made up of decentralized radio nodes. Because the nodes are able to transmit data, the technology does not rely on infrastructure or hardware such as routers. Therefore, if there is a failure in one network it is not a disaster because there are other nodes that will continue to function and can pick up the slack.

The MESH tokens will allow the users to participate within the ecosystem and lets them take part in the purchase and sale of things such as data, bandwidth, and storage. This means that places with limited access can easily connect to the internet while also avoiding having to pay for a hardware set-up and establishing their own internet connections.

In order to establish a physical link between devices, RightMesh is designed to use Wi-Fi, Wi-Fi direct, and Bluetooth. Currently it operates on Android devices that are version 4.0 and higher as well as Java devices. It doesn’t currently work with Apple devices, but it plans to expand in the future. They targeted Andrioid at first because it is far more popular in developing nations that are RightMesh’s primary focus.

Features and Benefits of RightMesh

The site does not offer a lot of specifics regarding how RightMesh will function or what features it will have. The primary benefit will be that there is no hardware needed for connectivity and that it can potentially strengthen entire communities or nations by brining them up to date technology and information.

Furthermore, additional security is added by the mesh network because if one node fails the network will still remain accessible and the other nodes that transmit the data in its place. It can also allow users with extra resources like data, storage, and bandwidth to profit.

The RightMesh Token Sale

The token sale for RightMesh is set to begin on February 15th, 2018 and run through March 31st. Unfortunately, the United States and Canada are not allowed to participate in the sale. The tokens are referred to as MESH and are distributed as ERC20. There will be a total of 129,500,000 tokens created and 30% of those will be made available for purchase during the sale.

The ICO sets the fundraising goal at $30 million, and states that it has already raised $18 million through the pre-sale period. The minimum contribution being accepted is $1,000, with no maximum currently set, though one will be announced. The ICO will accept ETH, BTC, USD, EUR, GBP, DKK, and SGD. 1 MESH is equivalent to $1.00.

There is a breakdown of how the tokens will be distributed as well as a breakdown of how the money from the fundraiser will be spent. 30% of the tokens will be used for the token sale, 30% will go to the RightMesh GmbH and Community, 20% will go to the team, 10% to the advisors and costs, and the last 10% will be airdropped to the community.

Meanwhile, 50% of funds generated will go to development, 15% to marketing, 10% to legal and communications, 10% to operations, 10% for taxation, and the last 5% for miscellaneous.

Who’s Behind RightMesh?

The members of the executive team for RightMesh are identified on their website, including the three co-founders. The co-founder and CEO is John Lyotier, described as an entrepreneur wit more than 20 years’ experience. He has founded other companies like TeeTimes.net and Left. Chris Jensen is another co-founder who also helped to found Left and has helped to guide many startups. He also occupies the position of COO. The final co-founder is Rakibul Islam and he currently serves as the CTO of Left.

The site also identifies the company’s Chief Communications Officer, Chief Product Officer, Corporate Development Manager, Executive Strategist, and Director of Talent and Culture. Miniature bios are presented for each member of the executive team as well.

The team of advisors for RightMesh consists on nine people, including a statistician, CEOs, founders, VPs, and more. For everyone identified on the site there is also a link to their LinkedIn pages. Overall the team includes over 100 people and is primarily based out of Canada and Bangladesh.

Conclusion

There is no question that RightMesh’s heart is in the right place with its focus on brining increased connectivity to developing nations, allowing them access to the same online tools and information as everyone else. These nations will inevitably have to increase their connectivity in order to remain viable, and a network like RightMesh seems ideal because it is cost effective and can provide access without infrastructure or hardware.

That said, the success of the platform depends on a couple of factors that would need to change. First, the cost of transactions needs to lower to become a more realistic possibility for most users. The makers of the platform have stated that they will need transaction costs in the ETH network to decrease, but it is unclear when this will happen. Furthermore, the technology is based on the people in developing nations buying cryptocurrencies in order to use the platform, which is hard to picture.

Still, the concept and technology behind RightMesh seems solid and it does address a pressing issue with a humanitarian aspect to the project as well, which is appealing.

Peter Lehmann

Peter is a blockchain investor and cryptocurrency writer at Vkool.com. Since 2014 Peter has advised blockchain startups and ICOs on content marketing, strategy and business development.

No comments yet.

Your email address will not be published. Required fields are marked *

Advertising Disclosure

Displayed content is offered by businesses which have been compensated. There is a potential effect on how, what, and where products may appear. All effort is made into providing full transparency, not all available products or companies are highlighted. Published material is offered without any slant or bias no matter what affiliation there is with sponsorship or association.