MN Investors,
I'm going to do some analysis on this coin and many more to come and it's totally up to yourself if you wish to invest.
This is just my opinion only and should not be taken as investment advice (Believe me, I have made plenty of bad ones)
Product: Rating Level: 2/10Nothing original about this coin, as we all know the market is flooded with crypto fast transaction coins.
This is no exception, as there is no whitepaper and the intention of the coin is not known.
Also 1 Billion Max supply ... I don't really know what to say here.
Wallet Rating Level : 4/10Actually, some smart features have been added or taken from the existing NovaCoin wallet.
Items such as website, Bitcointalk, Discord links etc - it's a handy feature which I believe more wallets will have this over time.
Also a marketplace icon down the bottom which takes you directly to a marketplace browser which didn't load for me. (Very handy)
Clean and the overall design is simple and a tidy looking wallet compared to others out in the marketplace.
Has the standard - Linux, Windows and Mac wallets available via the website.
Roadmap Rating Level 0/10Always a red flag when projects want BTC for no idea.. once this is produced I will leave the 0 here.
Team Rating: 2/10From discord, there are 2 members but don't know if they are the devs. Anonymous devs which always raises eyebrows now in the MN world.
Always a concern if you don't know the team, as I haven't seen many projects with faces attached to the project abanded after a few weeks.
GitHub Rating Level: 1/10One commit and not much has gone into this so far. So at this stage, this might be a one or two man/woman band.
Main Website Rating Level: 2/10Very basic and the design needs a lot of work. The site also doesn't match the wallet which is very odd and more effort is required, especially in having a pre-sale this must to be up to scratch.
The masternode set-up guide is missing, which isn't ideal for buyers and it greets you with a large SOON message. (But this is available via Discord channel)
Overall this seems very rushed to get out to the market quickly.
ROI Rating Level: 6/10Some actual thought went into this and currently sits around 2000% which I think is reasonable..
Whilst everyone has an opinion on the 50K ROI coin is the chaser these are usually dumped in 10-15 days, so I will give them above average rating for this.
Social Activity Level: 4/10 - Currently ActiveAs it's a week or 2 old project, I am giving a little slack - The Ragnarok team have twitter (5 posts) and a discord presence with about 220+ users currently.
The offer staking pools, airdrops, bounties and the pre-sale. Alot more is needed to get the word out, but I am sure they understand this.
I have been burnt with pre-sale but I know some people have smashed it with them, remember to invest at own risk.
They are doing the right things such as Delta App, MNO, and NewNodes.IO so there is progression.
Exchanges Rating Level: 2/10The standard Gravy exchange is being used Ragnarok is using the standard MN handbook 101 which is Graviex, CB, and the Cryptopia planned.
Volume is very low at present and if you would want to purchase from this exchange it's a very simple exchange to set-up and buy/sell coins.
Node Rating Level: 7/10 - Currently at 8 For a presale, this is very low as investors are always selling asap to get a return on their investment in the first few days.
The pre-sale was 0.4 and 40 was offered. so this is disappointing for the team for this small uptake.
But due to this a purchase of a node now is less of a risk of being dumped compared to 500+ MN holders.
Overall Score: 3/10 The price has dropped very quickly which is concerning for the new investors, but handy for the lower end market to get in.
I believe this has potential to go even lower in the short term until a product, new exchange, or a partnership is produced.
As the team is engaging and active there is always hope the project can produce, but it's too early to make the call.
Until a solid whitepaper is available I will leave this here. But if you just chase high ROI coins for pleasure this might be a bargain.
Main Concerns: Website Design, Professionalism, Product Direction
Main Upside: Active Team, Community Engagement, Low Node Count
What's needed: Whitepaper, Marketing, Professional uplift and a real use case for the coin.Note: This does have potential to be a pre-sale hit and run after the crash, (I love to be proven wrong)
If the developers maintain consistency and progress this further it will move back up.
But I believe a slow climb for this coin until the basics are sorted. - i.e new exchange, whitepaper, website.
Peace Out
DaMasterNoder If you like my post and wish to see more coin reviews hit the trust button for positive vibes.. if you don't, I totally understand.
I am not here to create FUD or put down projects as these posts are for new investors who want a different and honest opinion.