Dorado Artificial Intelligence Wants to Change How People Shop Online

For long years money was backed by gold and the only idea of money becoming just papers was ridiculous. However, today we even made one step further: cryptocurrencies are no longer a novel phenomenon, they are a part of everyday life. Some companies demonstrate the same pattern of development. We got used to the idea that a successful taxi company must own lots of cars. Uber did not play by the rules – and we all know the story of this company. Technology is becoming prior to material goods.

Dorado is planning to change the on-demand delivery market. Online shopping provides people with the opportunity to buy anything they want wherever they want. Most of the retailers changed their strategy in order to make the most of the new working conditions. That is why you can buy practically everything in a few clicks. But delivery seems to be still catching up with the speed of shopping.

Jonas Karosas, founder and CEO at Dorado, explained: “Using our own research, big data and proprietary expertise, Dorado is developing tools that will change the way we choose, order and deliver goods. Modern lifestyles demand a much more tightly integrated service – nowadays almost anything can be ordered through apps and messengers lightning-fast, but the delivery industry has been too slow in adapting to these changes. This is where Dorado steps in with vision to be the catalyst of a major change.”

Dorado has already gained some valuable experience: in 2014 the team created Foodout, commercially available food delivery platform. The project turned out to be great success. It demonstrated 6227% growth during past 3 years. Today the well-developed infrastructure of Foodout is combined with the latest achievements of the Dorado team: Artificial Intelligence driven chat-bot technology. The company does not plan to reject using traditional ways of delivery like local couriers, but also plans to widely use drones and robots in this sphere.

The experience and ambitions of Dorado team may revolutionize the whole delivery market. Blockchain technology is seen as a core engine for the whole project. In combination with smart contracts it possesses all the needed qualities like high speed of transactions, security, privacy, etc. The innovative platform is supposed to contribute to the fast development of Dorado as it will work on all devices and have strong back-end.

“Our vision at Dorado, is to become next “Uber” for all ondemand deliveries. In order for us to grow faster as a company, we needed to be where our customers spend most of their time. And it is messaging apps. The customer, on his way home from work, using DoradoBot can quickly order dinner, pharmacy, electronics or anything he wants to get delivered in an 1 hour or less, on the same Facebook messenger app used to communicate with his family and friends.“, said Mr. Karosas.

Dorado issues its own DOR token. The token holders are promised the access to premium features. The team seems to be sure about the bright future of the project: it promises to use for token holders’ payments 7% of net sales. They assure that the company is about to make a real breakthrough and is to launch to 24 countries in 5 years. Even though it may seem to be an ambiguous statement, the previous success of Dorado MVP project – Foodout – is encouraging.

Dorado plans to raise $55 million via its Initial Coin Offering (ICO). The company has already ‘pre heated the oven” by raising $4M from institutional investors, including the ICO-focused Goldfish Fund, and it plans to offer the remaining allocation to the general public. The ICO is to last for more than 3 months. It starts on February 7 and ends on May 16. The price is set to 1 ETH = 6 667 DOR. The earlier one invests in DOR, the bigger bonus one can get. For the first two weeks the bonus is on 33% level, by the end of ICO it will come down to 7%.

The Co-Founder and Chief Operating Office of Dorado Evgeny Tikhomirov (who has built 3 biggest internet companies in Russia) gives a strong reason for investing in DOR token: “I have lead three billion dollar companies before starting Dorado in Yandex, Ebay and Ozon and I see the same traits in Dorado what I saw in them. A dedicated and gritty team, scalable and viral product and a huge market that is still untapped.”

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