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Topic: 🔥[ANN][Pre-Sale] Mandala — revolutionary digital asset exchange 🔥 - page 2. (Read 1644 times)

member
Activity: 1022
Merit: 69
Reserving POLISH translation


Offer to make Polish translation and to manage the topic in my native Polish

Native language: Polish
bitcointalk profile link :https://bitcointalk.org/index.php?action=profile;u=1773383
Translation: Whitepaper, ANN, and Bounty Thread.
Previous Translation/ Portfolio : https://docs.google.com/document/d/1SNRXZZWSyyDtGPYIdGXKs9gWwODuzmckKYjaNNfc0VA/edit

eth address : 0x20221147adA60F604e702fFa947644F97bD37D77
Telegram: @typerexpert   
newbie
Activity: 251
Merit: 0
Hi. It looks interesting and promising. Tell me, do you plan a free distribution of tokens? Thank you

Yes - we will be launching a bounty program. Bounty participants must pass our KYC before receiving the bounty tokens.
KYC is not a problem for me, When is the launch of your bounty program? I like your project already.
full member
Activity: 294
Merit: 102
Wait.. so this company isnt actually verified with the SEC yet? I thought that in order to do a crowd sale you would need to do a good bit of verification and be registered?

Isnt this the main appeal of this token? That they have already jumped the hurdles of the ICO?
member
Activity: 322
Merit: 10
The platform will provide novice investors with the opportunity to learn when they
traded using key technical indicators, large data, analytics, community strategies,
fundamental analysis and automatic trading bots.
hero member
Activity: 966
Merit: 587

Mandala is a revolutionary digital asset exchange aiming to disrupt the market.
For more information please visit :
https://mandalaex.com/

Mandala will expand the capabilities and train users, increase profit potential, balance participation in the blockchain space and accelerate mass adoption.
newbie
Activity: 184
Merit: 0

Mandala is a revolutionary digital asset exchange aiming to disrupt the market.
For more information please visit :
https://mandalaex.com/
member
Activity: 258
Merit: 23
ICO Analysis: Mandala
Published on May 24, 2018
By Fredrik Vold

Team
The first thing I always do when research an ICO team is to check the LinkedIn profiles of the key team members. This is a really simple way to check their level of commitment to the company launching the ICO, and very often I find the same result: Most of the team members haven’t even listed the company on their LinkedIn.
In the case of Mandala, the two co-founders have both listed the company as their employer. The Chief Marketing Officer, on the other hand, has no mention of Mandala on his personal profile.
The Chief Technical Officer, Zach Daniels, lists Mandala as one of six current employers on LinkedIn, which makes us seriously question his level of commitment to the company.
The CEO and co-founder of Mandala is Nate Flanders. Nate has a diverse background as founder of a blockchain-based online casino and a phone repair company in Florida. According to his LinkedIn profile, Nate is still working as Vice President of Operations at the online casino while he is setting up Mandala.
The other co-founder and CSO of Mandala is Chicago man Anant Handa. Just like the CEO, Anant also has a background in the phone repair business, and he remains CEO of ReVamp Electronics. In addition, Anant also remains an advisor to BitWatch.io, an app that helps crypto traders manage their trading activities and portfolios.
All in all, the two co-founders both have entrepreneurial experience and first-hand experience with blockchain technology, which is undoubtedly a positive for Mandala.

Verdict
The main problem when it comes to the Mandala ICO is clearly the lack of any prototype or MVP to demonstrate that the team is capable of building the platform they describe in the white paper. It should be clear for everyone that investing in an ICO that has nothing more than a website and a white paper is a very risky venture.
Regulations also pose a question mark when it comes to this ICO. It is unclear if the platform will be able to accept fiat currencies at this point, and we frankly don’t know if they will be able to obtain any regulatory approvals at all.
What we do know is that the company says they are “thoroughly researching and studying all applicable laws and will be be properly registered with the appropriate governing bodies, including the SEC and the CFTC[…]”
Unfortunately, the white paper that the team has prepared also appears somewhat generic and lacks details on how the platform will work.

Growth Potential
 
- With the increasing popularity of cryptocurrencies comes an increase in demand for exchanges. Simplistic exchanges that are targeting new traders and investors certainly have a place in this space. +3
- If the team can build user-friendly and reliable tools for backtesting of technical indicators and trading signals, that would be a big plus and could provide a boost for the platform as a whole. +4
- The two co-founders have previous experience with blockchain projects, and the overall team appears competent, although we do have questions regarding the level of commitment from certain team members. +3


Risks
   Generic-looking white paper with very few technical details on how the platform will work. A lot of general commentary about cryptocurrencies and blockchain, as well as visions and ideas for the coming Mandala exchange. -2
    No minimum viable product (MVP). According to the roadmap, the beta release of the platform is scheduled for Q3 2018, with the full platform expected by the end of the year. Investing in ICOs with no MVP should always be considered high-risk. -4
    The press releases published by the company, as well as the white paper, talks a lot about all the regulatory approvals that the team is planning to get, but lacks any details on what they have already acquired. -2

Disposition
In summary, we believe that the idea of a simplistic exchange for new crypto traders is good, and we do think there will be a growing demand for this type of exchanges. The success of Coinbase clearly shows that this is something that can work very well if carried out in the right way.
Unfortunately, we cannot recommend investing in an ICO without an MVP, without knowing if the platform will accept fiat, without any regulatory approvals, and with a very general white paper without technical details.
Overall, we arrive at a score of 2 out of 10 for the Mandala ICO.
Proof: https://hacked.com/ico-analysis-mandala/
newbie
Activity: 26
Merit: 0
newbie
Activity: 125
Merit: 0
You will conduct a marketing campaign after the end of the Token Sale? Can you share the details of your advertising strategy?
newbie
Activity: 140
Merit: 0
Mandala is a platform that will bring cryptocurrencies and blockchain assets to the masses through a beautifully designed user interface and easy to understand trading technology.
member
Activity: 121
Merit: 10
The pre-sale has successfully raised more than 4 million US dollars and reached the softcap. I expect the official sales will continue to break through.
member
Activity: 228
Merit: 10
Will there be any system for investors for transferring funds to trust the best traders of the system in Mandala?
egretia
newbie
Activity: 140
Merit: 0
Mandala is a platform that will bring cryptocurrencies and blockchain assets to the masses through a beautifully designed user interface and easy to understand trading technology.
newbie
Activity: 8
Merit: 0
ICOLadder reviewed Mandala exchange. It got 3.8/5, team and business plan are assessed to be very good.

You can check it out via a link above. Do you agree with our evaluation?
full member
Activity: 378
Merit: 100
fund raise $ 2,536,077 USD 1 MDX = 0.07 USD Pre-Sale ends in 22 days again come invest https://mandalaex.com/?referral=e2137ef99bbadcf3d31b
 
newbie
Activity: 11
Merit: 0
Thank you everyone for all of the support!


Please let me know if there are anymore questions on Mandala that haven't been answered.

Also feel free to join our telegram to talk directly with us!


Looking forward to hearing back!
member
Activity: 364
Merit: 10
What discount do I get for trading fees in Mandala if I use MDX tokens?
I’ve read in technical documentation that this discount can be up to 75%!   

newbie
Activity: 294
Merit: 0
What discount do I get for trading fees in Mandala if I use MDX tokens?
newbie
Activity: 98
Merit: 0
I have a question. How much token for 1 eth? I like this platform and I will support it as soon as ICO launching.
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