So Santadao $HOHO — whatever the F this is, rugpulled, which isn’t a surprise. $200K has been stolen. Many influencers were posting about this one, casually, as they’d about any other. This pattern has been shaping up itself for the past few months, made millions in losses, once again proved the cryptocurrency world isn’t ready for casual retail investors.
There, there — we are not here to judge and call out but to talk, sit down and put down that torch ffs.
I want to ask anybody involved in any of those shilled rugpulls — if you “invest” in it…
Purpose of this list is simple — providing upcoming tech that didn’t gathered lots of attention yet, trying to stay lowkey for some reasons,
but already is ongoing with investment rounds (or about to finish). This way or another, I think it’s for the best to gain organic interest over attention of bad actors that might try to exploit the value given rather than get interested in actual proposed solutions.
The way I see it, now everyone has the same fair chance to read about those projects before they will get shilled hard by flippers, enjoy.
A basic list of already listed and upcoming projects with a token model
The idea is to remind you what’s out there, not to create set of rules, which one is good, bad, bullish or bearish. Simple facts and numbers will defend or harm the narrative projects are trying to build in front of you to get your attention. Let split it into parts and talk through.
Name | Current Price| Day 1/Current Marketcap* | Circulating / Total Supply | Diluted valuation
*- If project isn’t listed then we use data provided by the company
My personal criteria are:
ICOs seem to be a thing of past for now, not because idea itself seems to be bad — because majority of ICOs were poorly managed, dictated mostly by greed, vaporware software, not fulfilled promises etc.
LTO policy in terms of Initial Coin Offering was almost different, is it enough to suceed in current market? Let calculations speak for themselves.
Hardcap of an ICO, incl. seed and private sale, was 5,200,000$, during ICO phase team managed to gather 79% of that amount, which gave approximately 4,084,000$, unsold tokens got burned.
When a cryptocurrency startup firm wants to raise money through an Initial Coin Offering (ICO), it usually creates a plan on a whitepaper which states what the project is about, what need(s) the project will fulfill upon completion, how much money is needed to undertake the venture, how much of the virtual tokens the pioneers of the project will keep for themselves, what type of money is accepted, and how long the ICO campaign will run for. During the ICO campaign, enthusiasts and supporters of the firm’s initiative buy some of the distributed cryptocoins with fiat or virtual currency. …
New Kind of Network
Decentralized Internet Network
Token economics after listing on exchanges:
Circulating Supply: 100M/ Total: 1B
Hardcap 6,2M USD🚀
After six months:
Circulating Supply: 350M / Total: 1B
Marketcap: 38,4M USD
Investors🚀: Neo Global Capital, blockvcfund
Team🚀: ex Onchain (that company includes CEO of NEO, founders of Ontology), Qualcomm, Nokia, Motorola, Google, Ericsson, Microsoft
Development team includes also Dr. Diffie’s Cryptic Labs
Advisory: Whitfield Diffie ,Inventor of public key cryptography (Diffie-Hellman), more TBA
Whole team is master league, idea and backing of key investors (that’s including CEO of NEO himself) is also good. …
Since twitter isn’t allowing me to write as much as I would want to, we will end this short assesment here.
Status: Whitelist open, ICO in next 2 days
This project is: Unified Framework for SAP to connect it into ethereum blockchain
Circulating Supply 123M/ Total: 150M
Hardcap 13,5M USD
Partners: Microsoft Germany🚀, Chainium ICO
Previous clients: Shell, Lufthansa, Samsung, Siemens, Nestle
What do I like about it at this moment:
It’s a niche, combined with really low hardcap and working (as you might saw on video) prototype — it’s a success recipe.
Why one of the biggest BTC-fiat exchanges uses one of the smallest Polish bank to provide deposits services along with Crypto Capital?
Since Bitfinex has added Euro deposit it uses some:
#1 Company established in Poland that share capital is around 1500 USD called Crypto Sp. Z. O.O. (source https://ems.ms.gov.pl, http://bit.ly/2AGH2GB)
The company was created by Ivan Manuel Molina Lee, the more you read, the weirder it becomes. Apparently Mr. Lee is a CEO for hire