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AuthorP. H. Madore
P. H. Madore

P. H. Madore

http://phm.link

P. H. Madore lives in Arkansas with his wife and children. He has covered the cryptocurrency beat over the course of hundreds of articles for Hacked's sister site, CryptoCoinsNews, as well as some of her competitors. He is a major contributing developer to the Woodcoin project, and is currently nearing the completion of a cryptocurrency exchange in concert with the firm he primarily works for, Vermont Secure Computing Consultancy.

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Analysis

ICO Analysis: Kyber.Network

Posted on July 23rd, 2017.

Kyber Network wants to enable Ethereum addresses to receive payments from any kind of blockchain. That’s the top deck view of what they intend to do, and perhaps their best offering. Although they appear to believe that the exchange nature of their platform is what is important – and that definitely adds value to their offering, as well....

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Analysis

ICO Analysis: Power Ledger

Posted on July 15th, 2017.

Renewable energies are all the rage, for good reason. It is not hard to imagine dozens of companies, globally, prospering exponentially into the future as they deliver cost-effective platforms which enable people to buy and sell their power without going through the traditional power grid. There is an inconvenient truth facing the...

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ICO

ICO Analysis: Mothership

Posted on July 13th, 2017.

In the age of technology, financially depressed or neglected regions of the world have renewed opportunities to attract business and distinguish themselves from other jurisdictions. Over the past few years, Estonia has raced to the head of the pack in terms of moves made in this direction. The e-residency program allows people from...

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Analysis

Token Analysis: SALT

Posted on July 12th, 2017.

The SALT name is meaningful to us because it hearkens back to the time in history when table salt gained use as a store of value, becoming one of humanity’s first monies. By utilizing salt as a medium of exchange for food, clothing, and other general provisions, it was salt which broke the mold of what a currency could be –...

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ICO

ICO Analysis: InsureX

Posted on July 11th, 2017.

There are worse things in life than death. Have you ever spent an evening with an insurance salesman? – Woody Allen The great American healthcare debate has put health and other forms of insurance in the spotlight for going on a decade now. While many western democracies have socialized forms of health insurance, America’s are paltry by...

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ICO

BREAKING ICO Analysis: Eros.vision – [SCAM?]

Posted on July 10th, 2017.

Ever wanted to be charged with conspiracy to commit prostitution, sex trafficking, pimping, and any of the other many law violations that apply nearly everywhere in the United States to the sex trade? Eros seems (more later) to present that opportunity, full stop. It really should be the end of this article, but we have to step back and...

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Energy

ICO Analysis: MyBit

Posted on July 9th, 2017.

As we previously noted in our analysis of Suncontract, the demand for electricity is expanding exponentially. From electric smart cars to artificial intelligence, everything is going to need more electricity. MyBit notes in their whitepaper that Elon Musk, a man who knows a fair bit about electricity, says that there will be 20-30...

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ICO

ICO Analysis: Starbase

Posted on July 8th, 2017.

We recently reviewed FundYourselfNow, which is a crowdsale platform. Now comes Starbase, a similar play but for the purpose of pooling, matching, and finding talent for various jobs. Starbase is both an open and closed source project. Starbase.Inc will do technical consulting by providing a crowdfunding/sourcing platform which enables...

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Energy

ICO Analysis: Suncontract

Posted on July 7th, 2017.

Suncontract is a concept whose time is quickly approaching – a peer-to-peer marketplace for renewable energy. The push to renewable energy is global. According to Bloomberg, over 70% of the more than $10 trillion projected to be injected into new energy sources will go to clean energy by 2040. Analog energy sources will become less and...

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Analysis

SuperiorCoin Analysis

Posted on July 6th, 2017.

Are we dealing with arrogant developers, or a good project? That’s what we’ll have to investigate with SuperiorCoin. There are a lot of coins out there, and for one to claim superiority is obviously a boost to be looked at with careful speculation – what exactly are you trying to say, now? The reserve currency of choice for ideas,...

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ICO

ICO Analysis: Dent

Posted on July 4th, 2017.

Dent intends to launch their token sale on the 12th of July, and that is when their whitepaper will be “finalized.” Nevertheless, we reviewed based on what we saw at hand at the time. It’s the only way forward. Dent’s mission is to “liberate mobile data.” They want users to “own” data. This is their goal, and they intend to achieve it...

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ICO

ICO Analysis: FundYourselfNow (FYN)

Posted on July 3rd, 2017.

Money is a useless idea unless it is helping people. That you have more representation of value than another person is meaningless unless that person has some need your value can fill. The lender and borrower relationship, one can imagine, is precisely the situation which the earliest forms of money were invented for – how else to keep...

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ICO

ICO Analysis: DAO.Casino

Posted on July 2nd, 2017.

One of the nice features about the Ethereum project is that there are known, notable quantities operating it. One of the problems with online gambling is that often enough the operators are completely unknown to their patrons, giving them ample, and frequent, opportunity to exit the industry with all the funds they’ve had people deposit....

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ICO

ICO Analysis: DCORP

Posted on June 29th, 2017.

A decentralized corporation, as opposed to a traditional corporation, allows anyone to participate without any form of discrimination. DCORP aims to prove that decentralization and crowdfunding can align with some traditional business interests, and that a company can thereby be formed in such a manner that power and control are...

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ICO

ICO Analysis: True Flip

Posted on June 28th, 2017.

A casino, lottery, or other type of cryptocurrency gambling that is going to operate appropriately is often a good investment. It’s one of the first ways that people made millions in Bitcoin, was through gambling sites, dice and the like. Today we investigate TrueFlip, an “already-running lottery.” Again, lotteries, gambling, dice, all...

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ICO

ICO Analysis: Kik’s New Token Kin

Posted on June 27th, 2017.

To date, we’ve raised $120.5M from Foundation Capital, RRE Ventures, Spark Capital, SV Angel, Tencent (maker of WeChat), Union Square Ventures, and Valiant Capital Partners. Translation: We have acquired and mostly burnt off about an eighth of a billion dollars. We do not currently have a relevant revenue model, and our prospects...

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ICO

Rating Retraction/SCAM Warning: iDice

Posted on June 26th, 2017.

Dear Reader, We recently covered iDice, an apparent Ethereum 2.0 gambling platform. This author gave it a rating of 6.0, based on the history of gambling sites following a similar model. However, a reader informed us that there is much more evidence than simply anonymity that makes iDice a scam, and even provided a few pieces of proof....

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ICO

ICO Analysis: openANX

Posted on June 25th, 2017.

With ~28 days to go, openANX has sold more than 20,000,000 tokens to the tune of over $16 million. The question is therefore open: will any of these tokens have value in, say, 90 days? What is openANX? Why has over $14 million been invested in it already? Should the rest of us take a swing at holding some of its share tokens? Overview...

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ICO

ICO Analysis: iDice

Posted on June 23rd, 2017.

One of the first applications of the blockchain to the web was the creation of SatoshiDice and other Bitcoin gambling sites. Some of these sites have conventionally allowed users to invest a small sum of coin in order to receive a piece of the house’s profits. The iDice platform intends to do this from the beginning, having given...

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ICO

ICO Analysis: Nimiq

Posted on June 22nd, 2017.

Whoa, off the bat, we find in a simple search about Nimiq a post with the following title – “The Nimiq Heist – Founders cashing out BIG TIME.” According to this post: Look, I do not mind that 4 guys want to cash out big time, and everyone who is willing to support this has every right to part from his money, but $20 million for an...