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ICO Analysis: BGX

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In 2017, mobile gaming revenue worldwide reached $30 billion and is expected to increase by 15% in 2018. The market is dominated by a small group of companies that care little about their communities while charging developers insanely high fees to use their platform. The space is ripe for evolution through blockchain, smart contracts, and AI.

BGX.ai is a decentralized multifunctional platform for mobile games powered by AI. BGX will have many functions, including:

  1. A distribution system for gaming apps on Android and iOS
  2. Independent processing of fiat and crypto transaction, including support for overdraft.
  3. Virtual player payment wallets
  4. Subsystem for token emission by developers
  5. Support for common monetization models
  6. A powerful engine of artificial intelligence that controls the ongoing transactions and scoring of the players.

The AI component is being developed to fight fraud, provide tournament games, score in the overdraft functions, cluster mobile applications according to user preference, build a compliance model and monitoring applications from the point of view of local legislation (adult content, gambling, etc.) and control the exchange rate of game currencies.

The BGX platform aims to support the entire economy of the mobile games ecosystem. The following segments of the economy could benefit from this emerging technology:

  1. BGX devs
  2. Node runners for off chain transaction validation, and data storage
  3. Holders/investors in BGX TOKENS.
  4. Ad Providers
  5. Game Distributors
  6. App Markets
  7. Game Developers
  8. Players

Mobile game players on the BGX platform will have a virtual wallet system which holds their BGX that will be used for all the games, to earn viewing ads, and to participate in tournaments.

App markets and game developers will pay a 10% commission on their revenue (this is supposedly 1/3rd of what App Store and Play Market charge.

Token

BGX uses two types of tokens: BGX and BGT.

BGX token is an ERC-20 standard that provides access to platform capabilities and supports its economy. Nodes will be required to have a certain amount of BGX to maintain their node status. BGX is also required in order to be in the “Loyalty Club” where 60% of the platform revenue gets distributed to holders based on how much they hold.

 token has a standardized cost and protects gaming applications from the volatility inherent in crypto platforms. According to the company, “It is a white label token, meaning it can be used on its own or a different name by the game or app market developers to use as currency for in-app and app purchases, hosting tournaments, or any other game incentives that allow players to earn from their playing time. All transactions within the platform use BGT Coins, which can be bought at the BGX Exchange using crypto and fiat currency at a rate of $0.10 USD / BGT Coin. Each BGT Coin is generated at the time of purchase. BGT Coins can also be sold back to the Exchange at the same rate. Each BGT Coin is burned at the time of sale.”

Total Supply of 1 billion

Distribution: 50% crowdsale, 25% development/incentive reserve, 20% founders/advisors/team, 5% bounty.

Fund usage: 50% development, 20% legal, 15% strategy/operation, 15% marketing.

Team

A total of three co-founders, seven managers and seven advisers make up the team.

Valery Khvatov (Co-Founder) is the CEO of DigitalXpert and has lots of experience leading a team of software developers. He seems to be the shot caller for BGX

Costa Zakharov (Co-Founder) previously founded a Canadian investment company called KNC.  His only endorsements on LinkedIn come from BGX colleagues.

Igor Mishenev (Co-Founder) is the former director of BELAZ, a heavy-duty haul truck manufacturer with up to ten employees. The BGX page says “Igor has co-founded several successful software companies.” However, his linked in and google search mention nothing about this…

The rest of management, look really average.

The official BGX World Twitter handle has 940 followers, which doesn’t seem like a lot, but they are genuine followers and most BGX  tweets receive 100+ likes and retweets.   The company’s Telegram has over 1,000 members.

Verdict

We have mixed thoughts about this project. It’s a fairly unique idea that will provide tons of value to every part of the mobile gaming community. The whitepaper is solid.  The team is sort of sketchy, and have yet to produce an MVP or even a Github presence. The community seems small, but passionate. They have very few quality partnerships, although it’s really early still.

Risks

  • Google Play on Android and the App Store for iOS are included in the default OS for most phones in the western world. It’s going to be extremely hard for BGX to get their foot in that door. Most Westerners aren’t even aware there are other options -1
  • Competition in crypto gaming is already fierce with over 100 projects on the market. Granted, most of these projects are related to esports, gambling and skins, which leaves space for what BGX wants to bring. However, if one of the big dogs in the gaming platform market decides to install a blockchain and some AI, that will pretty much crush BGX -1
  • If BGX underperforms during the ICO, it will greatly limit their potential. for example, if they don’t hit the hard cap of $50 million there will be no “Highly advanced self-learning neural network for fraud detection, financial transactions, game matching and services, Global sub-ecosystems for games, or Powerful multi-revenue channels for developers.” If they don’t raise $25 million, then the overdraft capabilities, the AI, the exchange module and the off chain processing will all be basic instead of advanced  -1
  • There is no MVP or demo yet, this is simply an idea until they produce. Also, there doesn’t seem to be a Github, despite this project being open sourced. -1.5

Growth Potential

  • It’s estimated that there are nearly 2 billion gamers in the world, and the entire mobile gaming industry will reach $60 billion by 2020. If BGX is able to tap into that, the sky is the limit. +2

  • The whitepaper, as well as this two-token system pictured above, prove the writer is seriously knowledgeable about blockchain. The loyalty club and nodes could bring tremendous value to early investors if this project is successful. +3
  • Partnerships: They list eight partnerships in their whitepaper, but only a couple of those seem to be actual partnership. The rest are just services that they are going to use to help build and market their technology. The strongest partnership is with DigitalXpert, which provides custom software development and IT consulting services with 150+ IT professionals located internationally. The other actual partnership, which BGX will team up with to create the platform, is called Infinity Games ( a relaxing puzzle games publisher from Portugal)… looks pretty weak. +1 

  • Instead of the usual 30% charged by Google Play type app markets, Developers on BGX will only pay 10% of their revenue as a fee. And 60% of that of that fee will get distributed to BGX holders as part of their Loyalty Program. +3

Disposition

This is a competitive space. BGX has no product. They have a well thought out and complicated tech idea, with an unproven team. 4.5/10

Investment Details

  • Presale: April 24 – May 15  https://bgx.ai/
  • Public sale: May 22 – June 19
  • Platform: Ethereum
  • Total Supply: 1 billion
  • Circ Supply: 500 million (unsold tokens will be burned)
  • Price: $0.10
  • Bonus: 30% pre-sale, 25% first 3 days public sale, 15% week 1, 10% week 2
  • Hard Cap: $50 million
  • Soft Cap: $4 million
  • KYC and Whitelist https://ico.bgx.ai/Account/Register
  • Whitepaper: https://bgx.ai/documents/en/BGX_White_Paper_1.0.pdf

Featured image courtesy of Shutterstock.

Important: Never invest (trade with) money you can't afford to comfortably lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here. Trade recommendations and analysis are written by our analysts which might have different opinions. Read my 6 Golden Steps to Financial Freedom here. Best regards, Jonas Borchgrevink.

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4.1 stars on average, based on 23 rated postsJoshua Larson is also known as the "Bullshit Man" for his ability to spot it a mile away. Avid ICO researcher and contributor. Former professional poker player/backer. Spent 10 years analyzing hand history, stats, and player data. Discovered blockchain in late 2016, and never looked back. He now uses his analysis skills to investigate ICOs full time. What a perfect match, because in today's crazy world of ICOs, information, passion, and diligence = dollar bills!




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2 Comments

  1. AlexanderKhvatov

    April 27, 2018 at 6:07 am

    Dear Joshua Larson,

    Thank you very much for your detailed and thoughtful analysis about our project! I just wanted to take the opportunity to address some of the concerns that were raised.

    1) Since the time of this article, our MVP has been released – the BGX Wallet app, currently available for download from Google Play. We also started the GitHub community, as we are planning to be open-sourced. Our Blue Paper will be published by the end of the week – containing the mathematical algorithm that is the core of our value offering.

    2) The gaming market is quite saturated and yes – most solutions focus on the gaming part, not the fintech and the economy, like BGX. However, none of the gaming solutions today or even the big dogs can simply enter this space by installing blockchain. Current blockchain solutions are slow, expensive, and cannot handle the volume of microtransactions from a 2bn player market. Ethereum can only handle 100 tx / sec total and charges ~$4 USD, an unacceptable price for a market where most transactions are less than $10. At the same time, without true decentralization – the big dogs will be prone to purely for-profit thinking, an economic model that is proving itself inferior to decentralized sharing of profits. For that, BGX developed a unique decentralized algorithm, capable of handling up to 100k tx / sec at very low costs and with great security.

    3) Westerners are unaware that there are other options… yet. Just like Uber successfully went up against the line of taxies that are in front of the airport by default, an inferior economic model of an oligopoly in technology is bound to fail. Moreover, in Asia – Google Play isn’t even in the top 10 of the app stores.

    4) While BGX has carefully aligned its goals with the expected amounts raised, as all prudent and honest ICO projects should, even if BGX will not raise enough for full functionality – we will continue to build the business and obtain private funding, which is only for the benefit of existing BGX Token holders.

    As for the team, while they are not all recognisable in the blockchain space (yet), we are proud to say that each one is a specialist in their field and the project is moving along well!

    Once again, I just wanted to address some of the concerns from this article – but we do appreciate the review – thank you!

    All the best,
    Alex

  2. Joshua Larson

    May 8, 2018 at 12:08 am

    Thank you Alex

    Will keep an eye on BGX. I did just download the wallet app. It has a long ways to go, but its good to see you guys are moving in the right direction. Good Luck.

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ICO

ICO Analysis: Bounty Angels

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ICO bounty programs are popular among investors and blockchain startups alike. They give opportunistic cryptocurrency investors a way to earn tokens for promoting a project and they give companies a way to market their project.

Bounty Angels is looking to automate the process, matching who the company describes as “blockchain entrepreneurs,” or bounty hunters, with ICO founders. Bounty programs are marketing campaigns launched by companies in which bounty hunters can earn tokens for touting the upcoming ICO. It solves a problem for a new startup that might not have the marketing muscle or the capital to gain the global exposure they need for a successful launch.

Bounty hunters, however, face many hurdles in identifying relevant projects to promote, in some cases being overlooked for a lack of a track record, for instance. ICO founders also face challenges, including engaging with bounty hunters who break the rules.

Bounty Angels is offering a solution, one that automates and streamlines the bounty process for both sides. Bounty hunters generate a performance history and that data is then shared with ICO founders on the Bounty Angels platform. For the bounty hunters, they won’t have to worry about engaging with a worthless or scam project, as Bounty Angels vets all of the ICOs that are on its platform. There is an alpha version of the platform available today, according to the company’s blog, though when we clicked on the link it appeared to be down for maintenance.

Artificial intelligence appears to be part of the long-term plan, as evidenced by the white paper that states: “Automated technologies when coupled with the expertise of professionals and, going forward, artificial intelligence, will allow [us] to create an all-new image of Bounty programs.” The team admits it is an ambitious goal, one that involves “launching our service around the world … to attract the highest possible number of customers and Bounty Hunters.”

The project is powered by the BANG token, which bounty hunters have the option to accept as a reward for their marketing efforts. Bounty hunters can also choose to accept free tokens from the project they’re promoting.

Token

The Bounty Angels  BANG token will be issued in the ICO. BANG is designed to fuel the project’s ecosystem including payment to bounty hunters and can also be exchanged among token holders. The company maintains that the BANG token cannot be deemed a security or any other financial instrument.

 

Source: Bounty Angels

There is also a bonus program.

Source: Bounty Angels White Paper

Team

Anatoly Krasovsky is at the helm of Bounty Angels. He’s also a project manager at NEWSBTC, according to his LinkedIn profile. The company’s CTO, Andrew Tar, is also a journalist.

Verdict

The Bounty Angels ICO has the potential to catch on like wildfire among ICO investors. It’s an engine to connect bounty hunters with the best blockchain projects that are looking for marketing. While the project displays tremendous promise, it doesn’t appear to have advanced enough from the concept stage, as evidenced by its dependence on the ICO funds to both develop the platform and hire developer talent. Once these pillars are in place, there could be no stopping Bounty Angels.

Risks

  • The company is still hiring developer talent for the creation of  “complex smart content that will
    make it possible to automate distributions.” The fact that the developer talent is not yet in-house exacerbates the risk for investors as it could lead to delays in the building out of the ecosystem until the team is a well-oiled machine. Not to mention if the fundraising efforts fall short and prevent them from hiring top talent. (-3)
  • There doesn’t appear to be a mention of mobile anywhere in the white paper. While this doesn’t necessarily mean that an iOS and Android app isn’t on the horizon, it may be far down the roadmap if it didn’t warrant a mention. (-1)
  • Bounty Angels is not the only rodeo. They allude to a competing project, Bounty0x. (-1)

Growth Opportunity

  • Research suggests that there’s a direct link between bounty programs and ICO tallies. The larger the bounty campaign, the higher the amount that the ICO ultimately raises, suggesting that the engagement of bounty hunters pays off. According to Element Group, which performed the research, “[A] $1 increase in bounty campaign volume predicts between an $8 and $15 increase in the final amount raised.” This should incentivize ICO founders to participate in bounty programs and potentially join the Bounty Angels platform. (+3)
  • Artificial intelligence is a key technology that could propel the platform beyond the competition, especially if said competition isn’t automating their process yet. While it’s unclear when AI would be implemented, it does appear to be on the roadmap. (+3)
  • According to the website, Bounty Angels has received a good amount of media attention, which may have something to do with the fact that its management team doubles as journalists. This is a plus for the project and its upcoming ICO. Also, if the adage ‘you get what you pay for is true,’ that’s a plus for Bounty Angels as it’s a paid platform. (+2.5)
  • What the company describes as “intensive work” on the project hasn’t even begun yet. While we could view this as a risk or reward, we decided to count it as a plus, as it explains why so much has yet to be done. It also reminds us that Bounty Angels has yet to reach its full potential of where the project can be when it is in full-throttle. The beta version is scheduled for January 2019.  (+3)

Disposition

We come to a score of 6.5 for the Bounty Angels ICO. Keep in mind we will plan to revisit this project once it kicks into high gear.

Investment Details

  • Token Type: ERC20
  • Platform: Ethereum
  • Symbol: BANG
  • Pre-ICO: Sept. 3, 2018 – Oct. 3, 2018
  • Public Crowdsale: November – December 2018
  • Token Supply: 20 million
  • Tokens Available for Sale: 14 million across the pre-ICO and ICO
  • Soft Cap: Pre-ICO = $100,000
  • Hard Cap: Pre-ICO = $500,000; ICO = $3.5 million
  • Token Price: to be announced
  • Payment Methods: to be announced

Featured image courtesy of Shutterstock.

Important: Never invest (trade with) money you can't afford to comfortably lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here. Trade recommendations and analysis are written by our analysts which might have different opinions. Read my 6 Golden Steps to Financial Freedom here. Best regards, Jonas Borchgrevink.

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4.6 stars on average, based on 23 rated postsGerelyn has been covering ICOs and the cryptocurrency market since mid-2017. She's also reported on fintech more broadly in addition to asset management, having previously specialized in institutional investing. She owns some BTC and ETH.




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ICO

ICO Analysis: Zeex

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Zeex is offering users the ability to exclusively use crypto when shopping at various outlets. Users will be able to directly purchase whatever items thy want from their brands of choice without having to convert their crypto into fiat.

The following video shows Zeex in action outside of the Consensus conference at a Starbucks, where the CMO Apan Amos Damri uses their beta version to buy a cup of coffee using Ethereum. The transaction was successful, but the verdict is still out on whether they were able to spell his name correctly on the cup.

The ZIX token is what the whitepaper calls a “core element” of the solution, which does three things. It covers a user’s transactional risk until the trade is complete, it determines who can exercise what kinds of transactions when based on advertised discount rates and supplies, and it’s also a login method to use the Zeex platform.

To the surprise of probably very few people reading this, Zeex is a spinoff sister company of a European marketplace for buying and selling gift cards called Zeek Group. For Zeex, the road is already paved in terms of getting access to close relationships with name-brand retailers and a multi-million dollar inventory of gift cards.

Zeek has been able to raise venture capital from firms such as Blumberg Capital, Qualcomm Ventures, Scale Up Venture Capital and more.

The Zeex business model hinges on a few potential incomes streams:

  • Providing working capital to gift card suppliers, easing the transition for many businesses hesitant to get into the crypto field.
  • Financial services to support suppliers financially.
  • Marketing services to help suppliers speak the lingo of the cryptocurrency world. The whitepaper states that “Zeex has already mastered these industry-specific marketing channels and has been engaged in community building for a significant period, its in-house marketing team is already equipped to help suppliers build their own communities and maximize their value per transaction.”
  • Platform adoption and market penetration to help suppliers integrate crypto into their business makeup
  • Operations support to help suppliers and users better understand and utilize the platform.
  • Provide business intelligence data to retailers on cryptocurrency users.

Token

 

Risks

  • Not an entirely frictionless experience: This isn’t a problem unique to just Zeex, but is present throughout most digital payment solutions. Unless you can tap your phone on a receiver like Apple Pay, you’ll be behind the most “frictionless” payment system out there. However, this is miles ahead of crypto transactions. -1
  • Not really sold on the need for an ICO (for the investor’s sake): Although the Zeex platform sounds pretty useful, investor upside seems fairly limited (but then again, who can accurately predict investor upside in this space circa 2017/2018.  -2

Growth Potential

  • It works! Few projects raising money via ICO can boast a working beta, and Zeex already does and has a use case that many cryptocurrency users would likely want. +2
  • Yay user adoption! One of the largest detractors of the transactional user of cryptocurrencies is that it’s incredibly complicated and tedious. If you have 8+ steps before you can pay for a coffee, chances are you’re going to opt for that .25 second swipe of a Visa in your pocket. +2
  • Finally, a use for gift cards. When’s the last time you got a gift card that wasn’t from Amazon that you actually fully used? Too many people have gift cards just sitting around either untouched or with a fractional amount on them. There is a whole secondary market for discounted gift cards, and there’s a huge value in using these gift cards in a business model such as Zeex’s. The team essentially has a pool of gift cards going for a discounted price (usually around the 5 to 15% range), and are able to provide a solution to a community in dire need of one. +1
  • Zeek partnership. Having a sister company that already has the relationships with retailers necessary puts Zeex way ahead of the game. It’s not your typical run of the mill ICO that aims to build everything from ground zero for a lack of strategic partnerships, but more so a use case to be implemented with an already successful company. +3
  • Limited downside: Zeex claims that it will safeguard token value by using proceeds of the often sale to guarantee the supply of gift cards at the highest possible discount from a wide range of brands. If this means what I think it means, that worst case scenario you can use Zeex tickets to exchange them for gift cards at any time, and if there isn’t a stark depreciation of purchasing power for Zeex tokens, this is a cool perk few other ICOs can offer. However, if I’m wrong, write this point off as whitepaper tomfoolery. +2

Unknown

  1. This sounds like either a huge tax headache or a huge tax advantage. If the current American tax law stands that the exchange of crypto for fiat (or gift card) constitutes a taxable event, the Zeex team would have to figure out a way to help users report their taxes on these events. If this is the case, a -2 would be added to my score. However, if there is some international gift card loophole where users can trade any crypto for gift cards and there not be a taxable event, that would be huge for the team (although unlikely, because Uncle Sam is gonna get what he thinks is his). If this is the case, a +5 added to my score.

Disposition

We arrive at a +7/10 for Zeex. It’s got a cool use case, already works (in beta), and a relatively strong partnership in place. If the appreciation of the token’s value is correlated with the success of the app, investors would likely be pretty happy. However, if it’s just another token limited to its own ecosystem, I don’t see much use in investing into it unless you plan on using the Zeex app.

Investment Details

  • Type: ERC20 – Utility
  • Symbol: ZIX
  • Platform: Ethereum
  • Crowdsale: TBA
  • Minimum Investment: 0.1 ETH
  • Price:1 ETH = 5,000 ZIX
  • Hard Cap: $50 million U.S.
  • Payments Accepted: ETH
  • Barred from Participating: Israel, U.S., China, Lebanon, Iran.

Sign up for the Zeex email list to find the news for the public crowdsale on the Zeex website and check out their whitepaper.

Featured image courtesy of Shutterstock. 

Important: Never invest (trade with) money you can't afford to comfortably lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here. Trade recommendations and analysis are written by our analysts which might have different opinions. Read my 6 Golden Steps to Financial Freedom here. Best regards, Jonas Borchgrevink.

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4.5 stars on average, based on 17 rated postsAlex Moskov is a writer and entrepreneur with a passion for building and creating awesome things. Alex has experience in music tech startups, digital marketing, and cryptocurrency investing.




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ICO Analysis: Tolar HashNET

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No one can deny that blockchain technology is revolutionizing many industries across the globe. However, blockchain still has shortcomings such as slow transaction times, scalability issues and high environmental cost. Transaction times can take up to several hours versus traditional payments like credit cards or bank cards only take mere seconds. For mass adoption to take place, there has to be faster transaction times along with the ability to scale and maintain these times. And there are those who are concerned with the effects on the environment from all of the mining globally. The founders of Tolar HashNet decided to create solutions to solve these issues while maintaining all of the advantages of blockchain technology.

Tolar was inspired by hashgraph methodology and designed a new and efficient asynchronous distributed consensus protocol on a directed acyclic network structure. Tolar HashNet uses redundancy reduced gossip and virtual voting protocols that provide a fast, fair, and Byzantine fault tolerant consensus algorithm. HashNet belongs to a class of gossip-based protocols instead of structured-based group communication algorithms giving it advantages such as being able to handle larger group sizes, high user churns, sporadic sources, etc.

Tolar HashNet is fast, secure and scalable – solving the major shortcomings while keeping all of the positive characteristics of blockchain technology, and has an open-sourced cryptocurrency called Tolar. HashNet has increased throughput to more than 200,000 transactions per second and has a working demo with 150,000 tps on multiple nodes. HashNet uses Proof of Stake with masternodes eliminating the need for mining which greatly reduces energy consumption making it more cost-efficient and environmentally friendly. The founder’s vision is to be the global leader in Distributed Ledger Technology and become the preferred choice of individuals, companies, and governments worldwide.

Token

The Tolar (TOL) token is an open source, community-governed cryptocurrency. It will initially be deployed as an ERC20 token that will later be converted to mainnet tokens when the mainnet is released. The price of TOL is 1 ETH = 5,442.59 TOL for the public ICO. A total of 1 billion tokens will be generated with a hard cap of 57,000 ETH.

Token Allocation:

  • 35%  Token Sales
  • 32%  Tolar Development Fund
  • 8%   Proof of Stake Network Start Nodes
  • 20%  Founders
  • 2.5% Developers
  • 2.5% Advisors

There is no lock on main tokens, but a THREE-month lockup for bonus tokens and a 24-month lockup for team tokens. The max bonus was 20%.

Team

The founders have 30 years of business experience and are definitely not new to the blockchain technology space having developed the world’s first Blockchain MBA Program and Certified Blockchain Developer Program at COTRUGLI Business School, a leading business school in SE Europe. Twenty-four team members and 13 advisors are listed on their website including:

Drazen Kapusta – Principal/Founder at Tolar

  • 30 years of business experience as well as a major blockchain startup investor
  • Principal of COTRUGLI Business School
  • President of Blockchain Adria, the largest blockchain conference and association in the Adria region
  • Member of Enterprise Ethereum Alliance
  • President of the COTRUGLI Fund – organizes and leads major humanitarian projects
  • Founder of the COTRUGLI Business Museum

Zoran Dordevic – CEO at Tolar

  • Managing partner at COTRUGLI Business School

Josip Maricevic – Co-Founder and CTO at Tolar

  • Previous Blockchain core developer for Blocknet
  • Previous iOS Developer for Qnective AG

Terence Tse, Ph.D. – Foundation Member at Tolar

  • Associate Professor of Finance at ESCP Europe Business School
  • AI Company Founder & Entrepreneur
  • Keynote Speaker
  • Author

Lester Lim – Advisor

  • ICO Marketing & Token Strategy Advisor for Cardstack, HybridBlock, Dock.io, Ink Protocol, CoinFi and Banca

Verdict

Tolar HashNet is positioning itself to compete with the likes of Etherium and Neo as a platform for building ICOs and Hyperledger to offer superior DLT solutions for governments, towns, local communities and enterprises. With several VC investors on board and multiple crypto influencers recently promoting/reviewing Tolar, this ICO is definitely worth looking into.

Risks

  • Competition is fierce in this space with major players such as Ethereum, Neo, Icon, etc. -1.5
  • Partnerships will be crucial to the success of the project and none have been announced as of yet. -1

Growth Potential

  • While some ICO investors look to flip their investment immediately and move on the to next one, Tolar’s proof of stake with masternodes is attractive to long-term investors. +2
  • The Ethereum Virtual Machine (EVM) will be deployed on top of the network which will make for a fast and secure decentralized applications platform. +2.25
  • An ICO with an MVP is certainly more desirable than an ICO with nothing but a website and an idea. The Tolar Prototype reached 150,000 TPS on multiple nodes. You can view the video here+2.75
  • Tolar won Ian Balina’s ICO pitch competition during his Crypto World Tour in Budapest. This will obviously create hype and draw more attention to the project which typically translates to positive outcomes in the current ico market. Many Tolar ICO reviews have also been recently published. +3

Disposition

With a fairly large team, all-star advisors, an MVP, available masternodes, and a growing social media presence, Tolar is another blockchain project that has an excellent chance of doing well this year. Tolar receives a 7.5 out of 10 rating.

Investment Details

  • Symbol: TOL
  • Platform: Ethereum
  • Hard Cap: 57,000 ETH
  • Total Supply: 1,000,000,000 TOL
  • Private Sale Price: 1 ETH = 6,531.08 TOL
  • Pre-sale Price: 1 ETH = 5,986.84 TOL (minimum 10 ETH)
  • Public ICO Price: 1 ETH = 5,442.59 TOL
  • Public Sale: Scheduled for August
  • Jurisdictions barred from participation: USA, China

For more information regarding Tolar:

Website: https://www.tolar.io/
Telegram: https://t.me/TolarHashNET
Twitter: https://twitter.com/TolarHashNET
Facebook: https://www.facebook.com/TolarHashNET/
YouTube: https://www.youtube.com/channel/UCL8ksEpe6um71pcdPi6wpXQ
Medium: https://medium.com/@TolarHashNET

Important: Never invest (trade with) money you can't afford to comfortably lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here. Trade recommendations and analysis are written by our analysts which might have different opinions. Read my 6 Golden Steps to Financial Freedom here. Best regards, Jonas Borchgrevink.

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4.6 stars on average, based on 46 rated postsKent Hamilton - ICO Analyst on Hacked and Founder of CryptoDayTrader.io - ICO Insider Info




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