Showing posts with label token. Show all posts
Showing posts with label token. Show all posts

Monday, 19 November 2018

Atomz.io ICO full review


The idea behind ATOMZ project, as it is underlined in the Whitepaper, is: How can one invest easily in cryptocurrencies? What if there is a software or device to signal us the best coin to buy or sell at the present moment? There are 1600+ coins to choose, but only the less known ones tend to accumulate wealth quickly, even if they are hard to track. Today is much easier to buy bitcoin, but some altcoins are still hard to buy. We all know that is good to buy low and sell high, but with the new crypto you never know if a project will fail completely after you buy low or will rise and rise long after you sell at what you were thinking is an all time high. Storage is another problem to solve, and these days if an exchange is hacked, chances to get your crypto back are quite low (see Mt. Gox case, one of the first hacked exchanges who did not pay back yet). Automated trading is another issue at hand, and it is hard to do it, as the good trading bots are quite expensive, not very transparent, not on the cloud (private servers instead) and not very customizable.
The Atomz project aims to make investing easy while generating profit. The proprietary software will analyze trends, rate the cryptocurrencies and determine the best to buy or to sell at any given moment. Help will be available for the beginners. You need to understand that the more blockchain technologies will be available and reach customers safely, the more acceptance they will gain and more value will be created.
The token symbol is ATZ, and the time of the token generation event is not yet known. There will be three phases, first for private investors, 2 millions ATZ at the price of 0.40 USD, second phase for pre-ICO, 3 millions ATZ at the price of 0.60 USD and the last phase, the ICO, with 10 millions ATZ, at the price of 0.8–1 USD. The accepted cryptocurrencies for payment are BTC, ETH, LTC, ETC, BCH and DASH.
The allocation for the tokens will be done like this:
  • 20% team (5 millions ATZ)
  • 40% ICO (10 millions ATZ)
  • 14% pre-ICO (3.4 millions ATZ)
  • 14% investors (3.5 millions ATZ)
  • 12% marketing and other services (3 millions ATZ)
All unsold tokens will be locked for one year and sold later.
Funds distribution will be done like this:
  • 50% research and development
  • 25% operations and admin
  • 15% marketing
  • 5% legal expenses
  • 5% charities.
Let’s take a look at their Roadmap. They started in November 2017 making the journey from idea to first software development, after the team was made. The first functional base software for advice tier and the token sale preparation began in April 2018. In August 2018 they started to recruit private investors and partners to help with the ICO and product development. In November 2018 the pre-ICO sale was organized, to bring additional funds for the project and gain a functional user base. Next steps to follow are:
  • 12.2018 -launch of the ICO public sale and the growth of the Atomz platform;
  • 2.2019 -end of the Atomz ICO, software improvements and team new members if needed, marketing and exchange listing;
  • 6.2019 -closed beta launch, feedback and software improvements;
  • 7.2019 -growth of the platform and new partnerships;
  • 9.2019 -open-beta platform testing and optimizing (community voting, decentralized login/token login, limited user base).
The final product will have 3 tiers (cryptocurrency advice, cryptocurrency mutual funds like, cryptocurrency trading bot). Regarding the cryptocurrency advice, they want to be able to determine the best crypto to buy and sell at any given moment. The cryptocurrency packs, similar with mutual funds, with price being determined automatically. There will be different types of packs: top packs, techno packs, market cap packs. The trading bot is utilizing Atomz index, choosing custom strategies, blacklisting cryptocurrencies if needed, making investing easy and safe.
They claim to use different trends like RSI (relative strength index -to detect if the market is oversold or overbought), MACD (moving average convergence divergence -to detect trends), Bollinger bands to add reliability to RSI and MACD, market cap proportions. There are risks associated with this, the market crash being the biggest risk, adjusted by news investigation, done manually and by AI. Another risk is related to the data gathering -right now it takes 15 minutes to analyze top 100 cryptocurrencies, in the future can go up to 2 hours.
The access to the Tiers can be achieved by paying ETH equivalent of the fee in ATZ. Tier 1 is 0.16 ETH (80 ATZ), Tier 2 is 0.32 (160 ATZ) and the Tier 3 is 0.64 ETH (320 ATZ). Mutual packs and the trading bot can be bought using only ATZ tokens.
To find more about them, you can check the links to Atomz social media:
(Disclaimer: This article was created in exchange for a potential token reward through BountyOx. BountyOx username: Heruvim78)

Friday, 19 October 2018

CarbonChain ICO review

Most of this air pollution we cause results from the burning of fossil fuels, such as coal, oil, natural gas, and gasoline to produce electricity and power our vehicles. Carbon dioxide (CO2) is a good indicator of how much fossil fuel is burned and how much of other pollutants are emitted as a result. A carbon credit is a generic term for any tradeable certificate or permit representing the right to emit one tonne of carbon dioxide or the mass of another greenhouse gas with a carbon dioxide equivalent to one tonne of carbon dioxide.

CarbonChain ICO is aiming to develop a blockchain system in order to ensure full accountability for the life of the carbon credit as it is monitored, providing an evidence blockchain ledger. This ledger on carbon reduction projects (wind farm, solar park etc) is made to assist countries to prove to the rest of the world how they are helping towards their climate change targets as per Paris Agreement. CarbonChain is a decentralized high performance and nature friendly blockchain and ecosystem built to revolutionize the carbon industry and help to combat climate change. A carbon credit is a permit or certificate allowing the holder to emit carbon dioxide or other greenhouse gases.
CarbonChain monetizes the future carbon credit value on carbon reduction projects using a cryptocurrency called CarbonChain and register new projects with the United Nations which enable liquidity in the business cycle. Registered projects can generate carbon credits for up to 28 years. All sales of carbon credits are to be traded in CarbonChain token, and 30% will be purchased back from token holders via Cryptocurrency exchanges, ensuring the constant trading of the tokens. On annual basis, token holders are offered the 30% traded token back at a transaction cost only. 

CarbonChain token -why to use a token? Because then you will benefit of the closed decentralized system, reflection of value (total market cap) and full transparency.

Token symbol: CCT
Token price: 1 CCT = 10 cent USD in ETH
Total supply: 550.000.000 CCT
Technology: ETH (ERC20 compatible token)
Token utility: Purchasing carbon credits
CarbonChain project token




Token symbol: CCTP
Token price: 1 CCTP = 1 CCT
Total supply: determined by the carbon credit trades
Technology: own e-wallet




Distribution of the token:
  • 22% private sale
  • 40% participants in the cloud
  • 13% executive panels
  • 3% team members
  • 7% CarbonChain founders
  • 4% partners
  • 6% bounty, influencers and referrals
  • 5% pot ‘A’ company




The token will have a private pre-sale with a hard cap of 7.26 millions USD, 121.000.000 tokens will be offered with 40% discount and 10% bonus, with a minimum of 0.01 ETH and a maximum of 50 ETH. The pre-sale objective is to fund the marketing for the crowd sale, the accepted payments can be done in ETH and fiat, and the initial price will be 1 CCT=0.006 USD. The soft cap is 490.000 USD and if it will be not reached, the funds will be returned. The crowd sale will have a hard cap of 22 millions USD, with minimum 0.01 ETH and maximum of 50 ETH, and the objective of the crowd sale is to fund the CarbonChain blockchain.





Funds allocation:
  • 30% project registration;
  • 10% business development;
  • 15% marketing;
  • 5% advisers;
  • 15% admin;
  • 15% ERPA;
  • 10% blockchain development.

Why would you buy CCT token? CarbonChain has created an incetivising global carbon emission reduction program through acquiring carbon credits directly from the registered projects. CarbonChain will allow to this project to create a sustainable business practice in which to operate, through the investment into the registration and issuance costs of the mitigation project, creating carbon credits instead of buying them. The carbon credits acquired in this project will be sold at discounted price by CarbonChain, via its blockchain powered e-wallet and CCT. Token holders can take part in the trade of the token, for carbon credits sustainability, carbon credit buyers will receive 20% discount. The demand for carbon credits is starting in 2020 after the introduction of the Paris agreement. Unlimited amount of projects will be available for registration, increasing the number of carbon credits.

CarbonChain users will be:
  • token holders whom want to make a difference in the world;
  • large companies with carbon tax liabilities;
  • developers of renewable energy projects;
  • countries under pressure to achieve their carbon emission reduction targets.
The CarbonChain ecosystem, according to the White Paper, is made by the CarbonChain token and the Exchange. The CC token is issued through the Ethereum smart contract system, to be utilized as an electronic store of value for the CarbonChain Exchange (CCX). For the wallet, participants in pre-sale and CCT generation event can use it to receive their CCT and CCTP tokens, can hold and/or buy/sale CCT, CCT, BTC and ETH and they can also receive loans using their cryptocurrency as collateral. The Exchange (CCX) is managed by CarbonChain, offers carbon credits for sale to government and companies needing to reduce their carbon footprint. We also have a members-only exchange, at the completion of each carbon credits trade, CarbonChain is holding CCT that have been purchased by the carbon credit buyer via exchange, and these CCT are placed on member only exchange (pot B).

This is an interesting ICO, with a different motivation than most of them. Actually this is an idea worth following to see what will happen next. 

(Disclaimer: This article was created in exchange for a potential token reward through BountyOx. BountyOx username: Heruvim78)

Monday, 8 October 2018

ENKRONOS ICO

ENKRONOS ICO (full review)

Enkronos is a Slovenian digital strategy company. They promote the creation of Enkronos Apps (a completely trusted blockchain credit system for ethic campaigns. The Total Available Market (TAM) is approximated at 700 billions USD. The Serviceable Available Market (SAM) is 100 billions USD, and the Serviceable Obtainable Market (SOM) is somewhere around 5 billions USD. 
What are those Apps, you will ask? They are defined as a data driven multi-application platform for advertising, big data solutions, marketing and AI, focusing on centralizing the entire idea of engagement made by the companies with their customers. The Apps are build on a highly modular concept, making improving, scaling, removing and adjusting a clean and simple process. The content creators can use one single dashboard to manage all sources of data gathered by the apps. Enkronos is supporting and respecting an ethical conduct (this unsolved problem was the main reason behind Facebook share devaluation after the Cambridge Analytica scandal).The target groups are: financial services, healthcare, manufacturing, retail, wine producers, organic agriculture, public sector issues (defense, smart city, waste management, water management, air pollution), construction sector, health, energy, security, automotive, developers, tech, VC, startups, governments. 
What about the security protection? According to their White Paper there are three levels of security verification. Level 1 is for all software, level 2 is for apps containing sensitive data and level 3 is for highly sensitive data apps. Enkronos was tested by an independent primary auditor and no critical severity vulnerability was found. The company is compliant with EU GDPR (general data protection regulations) and this means that any breach notification is mandatory within 72 hours, there is a right for data subjects to obtain confirmation if their personal data is being processed, right to be forgotten-complete erase of personal data, right to data portability, privacy by design and a data protection officer assigned to enforce GDPR requirements internally. 
Tokenomics
The software development cycle is based on planning, analysis, design, implementation, testing and maintenance. What can one of this Apps do?
  • combined Ad management (multiple Ads management on Google, Facebook, Twitter, LinkedIn, Snapchat and Telegram);
  • E-voting and E-democracy;
  • Wide area sensor monitoring;
  • Location tracking;
  • Augmented reality engagement;
  • In-depth report generation of owning data;
  • AI support in decision making;
  • Gaming platform;
  • Crowd-sourcing;
  • Loyalty campaigns management;
  • Multiple contest creation channels (contest walls, location contest, combination of contests, multiple types- art, video, quiz, survey, unique code);
  • Digital ticketing and pass distribution;
  • Couponing;
  • E-commerce and its management;
  • Centralized user database- easily to move existing databases with advanced user categorization on individual segmentation of interest and features to make it easy to create automated questions of top of segments;
  • Universal billing system -an universal payment system with full transparency of the Enkronos apps creators and Enkronos credit/token/coin purchasers.
Are there any apps already available? Yes, there are already made apps such as YourGamify (gamification management system), LoyaltyVenue (customer loyalty and fidelity campaigns) and ContestDream (promotion and contest management platforms). Also, there are apps soon to be launched, like McAudience (lead generation, audience building and management) and FeelGrid (IoT and AI based wide area monitoring) in the third or forth quarter of 2018, and CryptoState (e-democracy blockchain platform) in the second quarter of 2019. 
Apps release dates
The token is called Enkronos token (ENK) and it has a softcap of 2500 ETH and a hardcap or 500.000 ETH. 
Token allocation:
  • 51% community (pre-sale and public sale);
  • 26% locked reserve (10% ENK reserve for future unforeseeable expenses and token threatening situations, 16% reserve for future growth — partnerships and acquisitions);
  • 12% founders and future and current team;
  • 6% advisers;
  • 5% bounty campaign promotion.
ENK distribution
Funding allocation :
  • 30% advertising and PR (to enter different international markets and single apps launching);
  • 25% development (application and web platform development, technical development);
  • 20% internal business (business development and employment hiring and wages);
  • 20% integration (worldwide integration of the platform);
  • 5% in case of legal issues , it servers and infrastructure, admin.
Funding allocation
What is the role of the ENK token? How are they used to build the circulation of the currency and create a viable supply and demand mechanism? They are used as currency for crowdfunding and crowdsourcing various processes on the platform, and as payment for Enkronos apps usage and for supporters (for crowdholding bonuses paid in ENK tokens proportionally to all holders, for investing into companies available on the platform and for purchasing products/services on the crowdholding market). 
They are quite advance of their own Roadmap, as they started to launch apps on 15.05.18, and one month later third-parties were able to publish their apps.
30.06.2018 -Swee.io app was released.
31.07.2018 -McAudience app was released.
30.11.2018 -FeelGrid app will be released.
31.03.2019 -Blockchain based Enkronos apps will be released.
30.06.2019 -CryptoState app will be released. 
Enkronos is a solid platform with a well prepared Whitelist, and we can only check in the future to see if they will achieve enough traction in a ultra-competitive market. 
(Disclaimer: This article was created in exchange for a potential token reward through BountyOx. BountyOx username: Heruvim78)

Saturday, 6 October 2018

ONAM ICO review

ONAM ICO review

A first look at their site will inform us that they are promoting compliance, security and usability. Let’s explore this a bit further. ONAM define themselves as a high performance, regulatory compliant with current and future regulations set forth by SEC and other regulatory bodies, trading platform with good risk management, trade surveillance, advanced tools and state of the art security system powered by machine learning (using proprietary Advanced Threat Prevention, Intrusion Detection and Trade Surveillance). Quite a mouthful, but it is all supported by an extended Whitelist. Shall we look at this then, and check the main points.
First, they point out the challenges met by any actual trading platform. We are talking here about unsafe exchanges (just check the news), security breaches, scalability, market manipulation, long waiting time for the customer support and poor market liquidity. Their solutions to every challenge are explained one by one. In terms of security, they will use proprietary Advanced Threat Prevention, Intrusion Detection and Trade Surveillance powered by Machine Learning, added to the standard DDOS Mitigation, Anti-Phishing and 2FA solutions. In term of scalability, they estimate a whooping 10+ millions transactions per second, with less than 40 nanoseconds latency (compare this with VISA actual speed -24.000 transactions per second). Market manipulation will be prevented monitoring for suspicious trading activity using real-time surveillance, supervision and compliance system (potentially generating Suspicious Activity Reports when it is the case). A dedicated 24/7/365 Customer Service will be created, aiming to answer within 15 minutes after a support ticket was submitted. The poor market liquidity will be solved being committed to attract large market makers, volume traders and miners. All happening this while being fully compliant with regulations.
Another brownie point is gained looking at their partnership with BIT GO, a market leader in institutional grade cryptocurrency investment services since 2013.
Let’s take a look at the platform features.
We already mentioned the speed (10 millions TRX/sec) and the latency (under 40 nanoseconds), and we can see all kind of order types (trailing stops, iceberg orders, fill or kill, good till cancelled, one cancels another and the regular limit order, market order or stop-limit). They promise a regulatory compliant Margin Trading, for a small fee on borrowed funds in exchange for a larger buying power. They plan to support this using Margin Lending, where you can earn interest of the funds provided for margin traders. The clients will get access to a monthly re-balanced ONAM composite fund, a smart and secure way to get diversified exposure to crypto assets. A Paper Training feature will be offered to train and improve your trading skills, and the platform will have a modular UI to customize your trading page according to your needs.
UI Preview
UI Preview
A Machine Learning powered Trade Assistant to provide trade alerts and signal is mentioned, and you can create or use ready made strategies through auto-trading bots. A social media and market sentiment analysis tool is also provided for a ultra-fast sentiment analysis of the market. Another interesting feature is the Institutional Grade Market Scanning Tool to find coins and tokens based on your specific criteria (this will be available only for ONAM token holders). We will also have advanced charting (technical analysis tool), trading experts to educate novice and intermediate traders and a news and announcement feed for the latest news, with or without push notifications.
A special mention for OTC Trading — facilitating buying and selling of assets for institutional investors and large traders, multilingual UI ( you can choose your preferred language, multilingual 24/7 live chat support, FIX server for institutional traders, advanced and custom API and an affiliate program.
Another important part that we need to talk about is the exchange fees. This is what can make an exchange attractive or not, and the announced exchange fees are 0.1% maker fee, 0.05% taker fee, free deposits and margin trading, withdrawal and listing fee are yet to be announced.
In the next paragraph we will discuss about token details and ICO. The token is called ONAM and it is ERC-20. It will be used for trade fees saving, to unlock extra tools and features and every quarter 25% of the company profits will be used to buy-back and destroy tokens up to 150 millions of them(50%). In the following table you have the important informations related to the token.
Token informations
The token allocation is the following:
-65% Crowd sale;
-20% For the team;
-10% As an emergency reserve
-5% Bounty, advisers and strategic partners.
The token sale funds are allocated for Development (50%), Marketing (25%), Day to day operations (15%) and Legal expenses (10%).
The ICO most important dates are presented in the next table.
ICO schedule
The main points of interest on the Road-map are:
*Quarter 4 of 2018
-Private sale, pre-sale and public crowd sale;
-Platform beta release and stress testing;
*Quarter 1 of 2019
-Trading pairs announcement;
-Full platform release;
-IOS and Android app;
-Trading pairs expansion;
*Quarter 2 of 2019
-Fiat pairings;
-ONAM token buy-back.
The Road-map is promising and doable, and they are showing great potential, if they can follow it and deliver what they promised, while keeping up with the similar market.
(Disclaimer: This article was created in exchange for a potential token reward through BountyOx. BountyOx username: Heruvim78)