And talking about the problem, if you yourself are pirating any software, you gave it an answer that it is a problem. You're not realizing it because there is no product of yours which is running on activating model and your revenue is not getting any impact.

A sufficiently interested warez person/group could write a crack which bypasses the activation-related parts in your software. Also if not the activation key, they get pirated by reverse-engineering it. In our solution we are not giving any chance to reverse engineer it, rather we are matching the keys on runtime. And it seems blockchain is the best solution to persist the immutability of it. And plus if given more time the logic on which we are analysing the current problem and can be improvised further.

Idea is good. But the problem which it is trying to solve. Blockchain is not needed in this. Keys are already unique for softwares. Team needs to research more on the way a key authentication for softwares work

This is a problem that exists ever since humanity digitalised. But problem doesn't lie in uniqueness of keys, but other attack vectors. Focus on them.

Think through the thoroughness of the idea and tech stack

There is no blockchain yet. They have no product actually.. They haven't bothered to validate through the actual usability and technical workflow.

Problem they are trying to solve doesn't exist.

This is a valid problem for technology product companies. However the solution is not robust enough, and blockchain might be overkill for this problem.

Not clear about the business module on how they scale. Good luck.

Business Model needs to be defined better. Low understanding on target market.

The problem statement is very good. It has potential. Keep going deeper with solving this problem.