Robomed Network - investment attractiveness report (Digital Rating Agency)

EXPRESS INVESTMENT EVALUATION OF
ICO PROJECT
Performed by
Digital Rating Agency
digrate.com
https://robomed.io/
ICO 25.10.2017
LowFraud Rate

LIMITATION OF LIABILITY
This report is the intellectual property of DigRate, the following content is intended for informational purposes only. This
information can not be distributed in any way and in any form without prior consent from DigRate and links to
www.digrate.com
This evaluation expresses the view of DigRate and is not a fact-finding or recommendation to buy, hold or sell those or
other assets, make investment decisions. DigRate assumes no responsibility for any consequences, interpretations,
conclusions, recommendations or other actions directly or indirectly related to the evaluation performed by DigRate’s
rating actions, as well as the observations and conclusions contained in the rating report and press releases, or absence
of all of the above. The only source that reflects the current state of assessments is the official website www.digrate.com
The DigRate team expresses its respect to all the enthusiasts of the cryptocurrency world.
2
Investment evaluation of the ICO project
ROBOMED Network

CONTENTS 3
GENERAL INFORMATION 4
INVESTMENT EVALUATION 6
Market 6
Business 10
Technical dimension 16
Economic dimension 18
Legal dimension 23
Team 29
Project support 34
Popularity 39
CONCLUSION 43
Legal opinion (prepared by “Digital rights center” ) 44
RECOMMENDATIONS 51
ROBOMED Network

▪ The development of the Robomed Systems Company is the Robomed Network - a medical network managed by a blockchain
tokens and designed to provide the most effective medical care. The Robomed Network ecosystem connects healthcare
service providers and patients on the basis of a smart contract, the value criteria of which are the performance metrics of a
specific medical service and satisfaction of patient.
▪ The Company plans to store information about the patient in a completely encrypted form on the blockchain. The patient will
be able to provide access to this information to any hospital connected to the Robomed Network platform. It is expected that
smart contracts will provide an opportunity to comply with the best practices in the treatment of diseases.
▪ To monitor the quality of provided medical services, the Company plans to attract well-known medical experts. At the
meantime, as the creators of the Project say, if the quality of medical services is considered unsatisfactory, the patient will
have the right not to pay for the provided medical services.
ROBOMED Network

The Project team has emerged from the already existing Robomed Systems company. The Company provides the
Robomed IT system for the management of medical centers. This system allows to plan and manage all the resources
that are necessary for the implementation of services and sales.
More than 80 clinics in seven cities of Russia are connected to Robomed system, as the Company claims. The
Company helps automate processes and manage clinics’ sales.
During the preparation of the following report, we contacted the representatives of the team and requested their
comments. The received information is reflected in this report.
ROBOMED Network

INVESTMENT EVALUATION | Market 7
Does a problem which the Project plans to solve really exist?
COMMENT:
Yes, the problem of the absence of a centralized database of patients does exist. There is also a problem of assessing
the quality of medical services and the problem of access to medical services for a significant percentage of the
population.
7 6 5 4 3 2 1
Totally
agree
Agree Neutral Rather
disagree
than agree
Disagree Totally
disagree
ROBOMED Network
Rather
agree than
disagree

Is the product that the Project is going to offer the best in the segment?
COMMENT:
The product that the Project is going to offer is a market-active solution, while the ICO of the Company can be
considered as an update of the current solution with added blockchain system. However, it is too early to call such a
young product to be the best in segment.
7 6 5 4 3 2 1
Totally
agree
Agree Rather
agree than
disagree
Neutral Rather
disagree
than agree
Disagree Totally
disagree
ROBOMED Network

Did the Team show understanding of the competitive environment and present a clear vision of competitive
advantages?
COMMENT:
Based on confidential negotiations with the Project Team, the Company's representatives showed a clear
understanding of the competitive environment and plans for future conquest of the market segment.
7 6 5 4 3 2 1
Totally
agree
Agree Rather
agree than
disagree
Neutral Rather
disagree
than agree
Disagree Totally
disagree
ROBOMED Network

INVESTMENT EVALUATION | Business 11
Is the blockchain a solution to the market problem?
COMMENT:
Centralized data storage and assessment of the quality of medical services can be organized without blockchain. On
the other hand, the blockchain system will help to secure the data in a uniform format, to exclude the possibility of
making unauthorized changes, and to ensure patient confidentiality.
7 6 5 4 3 2 1
Totally
agree
Agree Rather
agree than
disagree
Neutral Rather
disagree
than agree
Disagree Totally
disagree
ROBOMED Network

Did the Project show an operating business model that allows to conduct a stable activity?
Extract from the White Paper (ENG), section: 5.2. Model of RBM Circulation, p. 20:
“<...>
Healthcare providers pay a commission from their own turnover of RBM to the Robomed Network. The commission is
automatically collected according to the results of a transaction.
<...>”
ROBOMED Network

Did the Project show an operating business model that allows to conduct a stable activity?
COMMENT:
The Project plans to collect commission from companies providing medical services that are connected to the network.
Detailed information on basis of calculation of the commission was not provided publicly. However, a rationalized
validation for this already existing business model was shown during confidential negotiations with the Team.
7 6 5 4 3 2 1
Totally
agree
Agree Rather
agree than
disagree
Neutral Rather
disagree
than agree
Disagree Totally
disagree
ROBOMED Network

Does the Team already have a working product that they sell to their customers?
COMMENT:
The Company is already operating and providing services to medical centers and now it offers a working solution based
on which a smart contract and a new blockchain system are developing.
7 6 5 4 3 2 1
Totally
agree
Agree Rather
agree than
disagree
Neutral Rather
disagree
than agree
Disagree Totally
disagree
ROBOMED Network

A thorough Road Map is presented on the Project website.
The extended financial development plan of the Robomed Network running the ICO was not presented. However, the Project team, on terms of
trade secrets, provided the DigRate with a financial model of Robomed, based on which the financial planning is conducted and Robomed
Network’s activities will be planned.
According to the DigRate, the provided financial model seems to be too simple for such a large-scale project and raises certain questions, but
the presence the financial plan and willingness to disclose it is a definite advantage of the Project.
Did the Team present a clear Road Map and financial plan?
COMMENT:
7 6 5 4 3 2 1
Totally
agree
Agree Rather
agree than
disagree
Neutral Rather
disagree
than agree
Disagree Totally
disagree
ROBOMED Network

INVESTMENT EVALUATION | Technical dimension 17
Is the Project technology safe for network members?
COMMENT:
As the Project tokens are based on the Ethereum protocol, they have the same risks as Ethereum itself, for example:
the risk of mining attacks by large holders of ETH tokens; technical glitches and glitches of the Ethereum network; the
latest achievements in the field of cryptography, allowing to disturb network stability.
7 6 5 4 3 2 1
Totally
agree
Agree Rather
agree than
disagree
Neutral Rather
disagree
than agree
Disagree Totally
disagree
ROBOMED Network

INVESTMENT EVALUATION | Economic dimension 19
Is the emission of tokens limited? Is there a solid asset or value base that would protect current holders from
devaluation of their holdings?
COMMENT:
The Company plans the emission in the total amount of 1,675,000,000 RBM. All unsold tokens will be destroyed.
According to the Project Team, each token gives the holder the right to receive a medical service in one of the
connected clinics, which means that the internal cost of the token is equal to the cost of medical services a priori. And
any significant market fluctuations of tokens can create arbitrage opportunities for investors.
7 6 5 4 3 2 1
Totally
agree
Agree Rather
agree than
disagree
Neutral Rather
disagree
than agree
Disagree Totally
disagree
ROBOMED Network

Does the Project ecosystem participants have a clear motivation for owning the Project's tokens?
According to the developed economy of the Robomed Network ecosystem, the Company becomes an intermediary fixing the market difference
of tokens, and paying them back in case of successful treatment of patients.
Thus, for example:
1) The patient pays the amount of USD XX.XX for a service in fiat currency valued at USD XX.XX;
2) Robomed fixes the RBM / USD exchange rate and undertakes to supply the clinic with fiat currency for the amount of USD XX.XX at the
end of the month;
3) Thus, Robomed enters the "short" position on the RBM / USD "futures contract" and undertakes to supply the clinic with USD at a
predetermined exchange rate of RBM;
4) Robomed immediately buys RBM on the exchange for USD XX.XX and receives RBM XX.XX (for simplicity, imagine that the RBM /
USD exchange rate is 1.00);
5) At the end of the month, Robomed should sell RBM and earn USD XX.XX from the exchange and supply the clinic served the client with
USD XX.XX, while retaining its own commission.
In the example above, an obvious potential problem is that in case of significant market fluctuations in RBM token price, Robomed may not have
enough liquid funds to cover the obligations under the conditional "futures contract". However, the Project Team envisaged this potential
problem: 70% of the funds raised from ICO will be spent on the reserve-stabilization fund.
ROBOMED Network

Does the Project ecosystem participants have a clear motivation for owning the Project's tokens?
COMMENT:
A motivation for owning tokens for the Project participants is to obtain profit from possible exchange fluctuations. No
other motivations were found.
Moreover, the economic dimension and feasibility of the reserve-stabilization fund is not obvious, because it can
become a significant source of costs and financial losses for the Robomed Company itself under significant RBM
exchange price fluctuations, which can cause financial instability of the clinics connected to the network.
7 6 5 4 3 2 1
Totally
agree
Agree Rather
agree than
disagree
Neutral Rather
disagree
than agree
Disagree Totally
disagree
ROBOMED Network

Are Project tokens protected from market manipulations?
COMMENT:
Thanks to the fact that the cost of RBM tokens is tied to the cost of medical services provided by clinics connected to
the Robomed Network, even significant market manipulations of the token value creates arbitrage opportunities, which
will eventually normalize the market price.
7 6 5 4 3 2 1
Totally
agree
Agree Rather
agree than
disagree
Neutral Rather
disagree
than agree
Disagree Totally
disagree
ROBOMED Network

INVESTMENT EVALUATION | Legal dimension 24
LTD Robomed Systems registered at building 1, 7 Ulitsa 1905 goda, 123022, Moscow
CEO of the Company is Devyatkov Ivan Alexandrovich.
The main activity of the Company is the development of computer software. The amount of the authorized capital is 6 782
350 rubles.
LTD Robomed Systems, TIN 7703396140, CRR 770301001, PSRN 1157746797240, RNNBO 47637696
Has been active since 28.08.2015
Is the legal structure of the company transparent?
ROBOMED Network

Is the legal structure of the company transparent?
COMMENT:
There is detailed information on the registration and legal structure of the main company in open sources.
7 6 5 4 3 2 1
Totally
agree
Agree Rather
agree than
disagree
Neutral Rather
disagree
than agree
Disagree Totally
disagree
ROBOMED Network

Did the Project take preventive measures to avoid problems with regulators of the ICO market?
“The legal nature of the token sale agreement is unsatisfactory. The White Paper states that a limited number of tokens is issued, and it is
anticipated that demand will exceed supply, which will allow the token to grow in the long term. White Paper provisions do not allow to pass the
Howey test, because the exceptional features of the token are not defined, and the general model is built on the speculative growth of the price
of the token and does not require any actions of the investor, which can be deemed as hidden payment of dividends.”
Robomed Network comment: “Our token is a derivative for the growth rate of the company's turnover for the investor.”
DigRate comment: “Derivatives are non-traditional financial instruments which only investment banks and financial institutions with a
specialized license are allowed to issue, rather than technological or medical companies.”
“There are no legally relevant documents on the ICO web resource, in particular:
1. Privacy Policy, which is crucial for this area;
2. Public token aquisition offer with a description of all substantive terms of the contract for the acquisition of a digital product;
3. Any legal information about the system itself (patents, certificates, etc.), although it is stated that the platform has been operating since
2016. "
Robomed Network comment: "Files were provided"
ROBOMED Network

DigRate comment: “There is no requirement for mandatory verification of customers (KYC) when acquiring tokens. The company may face
problems with exchanging the received ETH coins for fiat currency in the bank for operating expenses, because it will not be able to prove the
legitimacy of the received funds and the compliance with the measures related to anti-money laundering of criminal proceeds (LMR). "
Robomed Network comment: "Yes, we know that - we have an agreement with the bank in which the company's account is opened, I also
attach a certificate of registration, that KYC is necessary for investments of more than $ 10,000. Forms for such investments have already been
developed by our lawyers - they are attached. "
DigRate comment: "Forms were provided."
DigRate comment: “The token is used for calculations in clinics, but the legal status is not disclosed: if the token is exactly a means of payment,
then the question about its legality arises, since in most countries, including Russia, only officially government-backed currency can perform
such function. If it is an app-token, then it requires an explicit legal update on the status, because, according to the WP, at this time, it’s
impossible to draw any unambiguous conclusions about this."
Robomed Network comment: "Token is used not as a means of payment to clinics, but as a metric of accounting - this greatly simplifies
mutual settlements when executing several clinics of a single smart contract, and between clinics for any partnership relationship."
* spelling, punctuation and content of responses - team members’ quotations.
ROBOMED Network

COMMENT:
The Project team does not limit investors from any countries (USA, China, Hong Kong, Canada, Singapore), whose
investments can cause difficulties for the project.
Moreover, the team believes that it issues derivative financial instruments - derivatives, without having the necessary
licenses.
The project states that it will conduct the KYC procedure, which is stated neither on the website nor in the White Paper.
7 6 5 4 3 2 1
Totally
agree
Agree Rather
agree than
disagree
Neutral Rather
disagree
than agree
Disagree Totally
disagree
ROBOMED Network

INVESTMENT EVALUATION | Team 30
Does the Project team has considerable experience and impressive achievements?
Was born on May 6, 1989 in Moscow. Graduated from the MSU. Received a Bachelor's degree in
Economics in specialty of financial markets and banking regulation in 2010.
2010-2011 - Manager of special projects in LTD "Agency MK"
2011-present - Founder and CEO of LTD "MedSeven"
2011- present - Founder of the advertising agency "7Pro"
2012-present - Founder of the online store http://www.lubimoy.ru/
2012-present - Founder of LTD "LiM - Medical Rehabilitation Center under the leadership of
V. I. Dikul Presnya "
2014-present - Chairman of the Board of Directors LTD "Open Clinics"
Philipp Mironovich
Co-Founder
ROBOMED Network

As indicated on the project's website, Ivan has nine years of work experience with Western
companies in the healthcare sector and in the field of IT.
We couldn’t find additional information about Ivan Devyatkov in open sources. Link to his profile on
Linkedin is missing on the Project’s website.
Ivan Devyatkov
Co-Founder
Other team members
Other team members hold business and legal positions in Robomed Network, additional useful
information on the Internet and links to their profiles on LinkedIn and / or Facebook are present.
However, some of the people declared as Team members are members of the Advisory Board
(based on their own profiles on the Internet).
ROBOMED Network

COMMENT:
The Project Team, especially some of its members, such as Philipp Mironovich, William Pekman, and Maria
Agranovskaya, has considerable experience and impressive achievements.
7 6 5 4 3 2 1
Totally
agree
Agree Rather
agree than
disagree
Neutral Rather
disagree
than agree
Disagree Totally
disagree
ROBOMED Network

Is the Project Team well known in professional circles?
COMMENT:
The Project Team is quite young and consists of entrepreneurs who already have a business experience. At the same
time, wide fame and recognition in medical circles or IT circles couldn’t be identified, except for the participation of
Philipp Mironovich as a finalist of EY "Entrepreneur of the Year" competition in 2015.
7 6 5 4 3 2 1
Totally
agree
Agree Rather
agree than
disagree
Neutral Rather
disagree
than agree
Disagree Totally
disagree
ROBOMED Network

INVESTMENT EVALUATION | Project support 35
Does the Project have a strong Advisory Board team?
Тhomas Feeley
Link:
http://www.hbs.edu/faculty/Pa
ges/profile.aspx?facId=763972
Anthony Provasoli
Also, the Advisory Board includes: Vibhuti Jha, David Ellington, and Kieth Kaplan.
David Drake
Joe Rubin
Blake Coler
Allan Young
ROBOMED Network

Does the Project have a strong Advisory Board team?
COMMENT:
The Advisory Board does have well-known and influential people, but none of them indicated on their public profiles
their participation in the Project, and the Project itself did not indicate the forms of their participation. However, under
the terms of a confidentiality agreement, Robomed provided a contract with some of the participants of the Advisory
Board.
7 6 5 4 3 2 1
Totally
agree
Agree Rather
agree than
disagree
Neutral Rather
disagree
than agree
Disagree Totally
disagree
ROBOMED Network

Is this Project being invested by large venture investors or funds focused on blockchain startups?
COMMENT:
At the stage of the Project analysis, it wasn’t revealed that large funds or other large venture investors invest in the
Project. However, under the the terms of Non-Disclosure Agreement, the Project Team provided evidence of
investments from funds that cannot be confirmed or denied.
7 6 5 4 3 2 1
Totally
agree
Agree Rather
agree than
disagree
Neutral Rather
disagree
than agree
Disagree Totally
disagree
ROBOMED Network

Are the partners of the Project large and well-known companies?
COMMENT:
At the stage of the Project analysis, it was not revealed that the Company's partners are large well-known companies,
but the Project is supported by Open Clinics LTD, where the Founder of the Robomed Network Philip Mironovich is
Chairman of the Board of Directors. Also, under the terms of Non-disclosure Agreement, the Project Team provided the
materials showing communications with large companies, but the nature of these communications remains unclear.
7 6 5 4 3 2 1
Totally
agree
Agree Rather
agree than
disagree
Neutral Rather
disagree
than agree
Disagree Totally
disagree
ROBOMED Network

INVESTMENT EVALUATION | Popularity 40
Is this Project popular in social networks and thematic communities?
(ENG) 21
subscribers
159 subscribers
184 members
1,555 views
1 post karma
4 subscribers
(RUS) 474
subscribers
ROBOMED Network

Is this Project popular in social networks and thematic communities?
COMMENT:
The number of subscribers in social networks is quite small, and a clear overweight of Project popularity in
Russian-speaking community can be observed, which indicates a weak marketing campaign of the Project on the
worldwide stage. The Team explained this by the fact that the campaign starts in October, but on the date of writing the
report (October 10, 2017), no changes in the publicity of the project were noticed.
7 6 5 4 3 2 1
Totally
agree
Agree Rather
agree than
disagree
Neutral Rather
disagree
than agree
Disagree Totally
disagree
ROBOMED Network

Is the Project widely discussed in blockchain news resources?
COMMENT:
There are no publications about the Project, there are no ratings and publications on the trackers. Despite this, the
Project representatives participate in pitchings and speak at public conferences.
7 6 5 4 3 2 1
Totally
agree
Agree Rather
agree than
disagree
Neutral Rather
disagree
than agree
Disagree Totally
disagree
ROBOMED Network

INVESTMENT EVALUATION | Legal opinion 44
Digital Rights Center, Digital Rating Agency’s partner
1. The legal nature of the token acquire agreement is unsatisfactory. The WP says that a limited number of tokens is issued, and it is assumed that demand will
exceed supply, which will allow the token to grow in the long term. White Paper provisions do not allow to pass the Howey test, because the exceptional
features of the token are not defined, and the general model is built on the speculative growth of the price of the token and does not require any actions of the
investor, which can be deemed as a hidden payment of dividends;
2. The economic model according to the schedule on the website is presented as a constant growth, i.е. the token model is deflationary. But it does not take
into consideration the fact that the growth of the token in the medium term depends primarily on supply and demand, therefore, at least, different models must
be submitted for different levels of demand and supply at the stages. This seems to be a deliberate distortion of the actual circumstances for the investor, and
thus, from a legal point of view, the deception at the stage of the initial placement of the tokens, which violates Art. 20 of the RF Law of 07.02.1992 No. 2300-1
(as amended on 01.05.2017) "On Protection of Consumer Rights";
3. There is no such information about in what cases and in what period the purchased tokens can be redeemed back by the issuing company;
4. There are no publicly available legal documents on the page of crowdsale in English and Russian, in particular:
а. Privacy Policy, which is crucial for this area;
б. Public offer for the acquisition of Company tokens with a description of all substantive terms of the contract for the acquisition of a digital product;
в. Any legal information about the system itself (patents, certificates, etc.), although it is stated that the platform has been operating since 2016.
ROBOMED Network

5. There is no requirement for mandatory verification of customers (KYC) when acquiring tokens. The company may face problems with exchanging the
received ETH coins for fiat currency in the Bank for operating expenses, because it will not be able to prove the purity of the received funds and the compliance
with the measures related to anti-money laundering of criminal proceeds (LMR);
6. The token is used for calculations in clinics, but the legal status is not disclosed: if the token is exactly a means of payment, then the question about its
legality arises, since in most countries, including Russia, only money (currency) can perform such function. If it is an app-token, then it requires an explicit legal
update on the status, because, according to the WP, at this time, it’s impossible to draw any unambiguous conclusions about this.
7. Since the main company is located in Gibraltar, English law is subject to application. However, according to the policy paper on the taxation of operations
with cryptocurrency, published by Her Majesty's Revenue and Customs of the UK (HMRC) in 2014, VAT should be charged on suppliers of any goods or
services sold for cryptocurrency. At the same time, the value of goods or services subject to VAT should correspond to the value of the cryptocurrency in
pounds sterling at the time of such transaction. In the WP and the Project budget, there is no information about the inclusion of VAT in the price of the token
and its mandatory payment to the budget by the seller.
8. The website and the WP do not say anything about how the requirements of different legal systems will be harmonized with respect to the principles of
medical law. At the same time, the exact type of activity of the Company is not defined in WP, including the form of providing "medical assistance" services.
ROBOMED Network

9.There are no guarantees of the issuing company related to the presence of vulnerabilities in the code of the service program in the WP, as well as illegal
actions of third parties (DDOS, theft, etc.) in relation to user accounts of the service. In addition, there is a "zero-day" clause on any company risks. The
protection model in case of vulnerabilities is not described, as well as the legal liability issue in such cases, although the text of the WP specifies that
imperfection of the code implies its possible upgrade;
10. As company-organizer of crowdsale is a Gibraltar company, common law, which is the main component and source of the Anglo-Saxon legal system is a
subject to application. The jurisdiction of all disputes related to the implementation of the project's tokens is established in the Gibraltar court.It must be taken
into account that crypto assets remain in the grey zone of the laws of Gibraltar. National legislation and court practice do not offer consumer protection for
crypto investors, and it will be difficult to prove violation of rights and demand the return of the invested funds and compensation for loss of profit and moral
moral injury in the court of Gibraltar, if a dispute or failure to properly perform founders’ obligations occur.
11. The WP does not describe the security aspect of storing sensitive medical data in the medical knowledge base and the relationship with the generally
recognized principles and rules of law regarding the confidentiality of such data. The requirements of international acts ratified in most countries, in particular,
Art. 45 of the WHO Health Regulations, are not complied with. The system of open data on diseases and methods of treatment is difficult to reconcile with
today's approach to medical secrecy. For example, according to HIPAA (Health Insurance Portability and Accountability Act), confidentiality of patient records
and patient data (including psychiatric patients) is required. In addition to that, only one line of the list of functions stated in WP (1.3) concerns the client - the
storage of the patient's electronic chart. While it is postulated that this system is primarily created for patients, paragraph 3.2 of WP states that one of the
function of the application will be "providing personnel with access to a medical chart". At the same time, a medical chart is a medical document in which
doctors record the patient's medical history and the treatment prescribed to him. It is not specified how the protection of access to it will be implemented, since
the Ethereum blockchain is a publicly available source of information;
ROBOMED Network

INVESTMENT EVALUATION | Conclusion 47
Criteria Score
Does a problem which the Project plans to solve really exist? 6
Is the product offered by the Project the best in segment? 5
Did the Team show understanding of the competitive environment and present a clear plan to fight the market players? 6
Is the blockchain a solution to the market problem? 5
Did the Project show an operating business model that allows to conduct a stable activity? 6
Does the Team already have a working product that they sell to their customers? 6
Did the Team present a clear Road Map and financial plan? 5
Is the Project technology safe for network members? 5
Is the emission of tokens limited? Is there a solid asset or value base that would protect current holders from devaluation
of their holdings? 6
Does the Project ecosystem participants have a clear motivation for owning the Project's tokens? 4
Are Project tokens protected from market manipulations? 6
Is the legal structure of the company transparent? 7
Did the Project take preventive measures to avoid problems with regulators of the ICO market? 2
Does the project team has considerable experience and impressive achievements? 6
Is the Project Team well known in professional circles? 4
Does the Project have a strong Advisory Board team? 5
Is this Project being invested by large venture investors or funds focused on blockchain startups? 4
Are the partners of the Project large and well-known companies? 3
Is this Project popular in social networks and thematic communities ? 3
Is the Project widely discussed in blockchain news resources? 3
AVERAGE SCORE OF
4.9
ROBOMED Network

48
High level
High probability of investment return, low
sensitivity to market conditions.
Score of 6.1 - 7
RATING SCALE OF INVESTMENT ATTRACTIVENESS
Satisfactory level
Medium-to-high probability of investment return,
considerable sensitivity to market environment.
Score of 5.1 - 6
Satisfactory level
Satisfactory Level – Considerable risk exposure,
high sensitivity to market conditions.
Score of 4.1 - 5
Low level
Low development potential, highly speculative
investments.
Score of 2.1 - 4
Low level
High default risk in the short term.
Score of 0 - 2
Low level
In default with little to no prospect for recovery
ROBOMED Network

FRAUD RATE 49
Fraud Rate
Low
How do we evaluate the Fraud Rate?
Advantages:
● The Project team has a functioning business that will form the basis of a new blockchain
solution;
● There is a clear roadmap and budget;
● There is a prototype of the product;
● Project Tokens have a significant intrinsic value;
● The Team has contracts with influential people and professionals;
● The Team has an considerable experience and impressive achievements.
Disadvantages:
● Inflated team award during the ICO
● The Project has not shown publicly any compliance with ICO regulations
ROBOMED Network

CONCLUSION
The Company will have to face different health systems and completely different
legal framework in different countries, with the problem of access to personal data
of patients. For example, in the US, this industry is extremely conservative and
regulated. Most likely, the Company simply will not be able to work with medical
centers because of legislative restrictions.
Whether medical centers will agree to the conditions offered to them by the
Company is a controversial issue at this stage.
The future growth of tokens is expected to be secured by the growth of the
Company's turnover, which can provide investors with a potential profit.
The issues of ensuring security and responsibility for system errors are not
disclosed. Key legal aspects of ICO are not thought out.
50
Considerable risk
exposure, high
sensitivity to market
conditions
ROBOMED Network

RECOMMENDATIONS 51
What can be
improved?
1. To provide all investors with a detailed business model ;
2. To present marketing papers in Russian;
3. To observe compliance in the field of ICO;
4. To reduce the Team's reward for conducting the ICO;
5. To provide public evidence of the participation of the Advisory Board in the
Project;
6. To provide evidence of the validity and engagement of the entire Project
Team;
7. To correct errors and inaccuracies in the White Paper.
ROBOMED Network

CONTACTS 52
+7 (495) 175-1024 (Russia)
+41 21 588 02 23 (Switzerland)
info@digrate.com
digrate.com
ROBOMED Network

Robomed Network - investment attractiveness report (Digital Rating Agency)

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