CGS was designed as system which allows on-chain insurance of funds raised in an ICO. It uses these scheme of work:
Testnet is available now, beta release will be performed in the beginning of Q3, full release – in start of Q1 2019.
No information about business plan or details of future token sale can be received from WP or website. Token sale details just announced, so we can wait we will receive them.
No marketing strategy presented – possibly it will be shown later.
Team looks professional and having real Linkedin profiles, and founder have a successful start-up experience. Unfortunately, there are no blockchain advisors, and no financial persons.
No market research was presented in WP. But, according the main tendencies, number of ICO started is growing (it can be seen, for example, at Google Trends), and according some opinions, 80-90% of them potentially are scam or just underprepared. So, the product can be interesting for market.
Target audience consists from all ICO investors and launchers.
The main advantage of the product is lowering the risk of losing all funds in case of scam or fall of the project. Looks like the project has no actual competitors at this moment.
Project strong sides: interesting idea, existing testnet, strong team.
Project weak sides: lack of business plan and marketing details.
So our position is weak positive.