Topic: [ANN][RATING] Digital Rating Agency (ICOs, cryptocurrencies): launching - page 3. (Read 2466 times)

Correction again: the DRI index fell by 30 billion, Bitcoin fell to $ 8,505, pulling all major altcoins. What else? The Upbit Exchange was accused of fraud and forecasts by world's crème de la crème - Warren Buffett and Gary Cohn - are disappointing. Yet there is some good news. Pundi X, Hexx and Primas' prices have increased, and summer is almost here. Other market trends can be found in our weekly review: https://goo.gl/K71y2Z

Origin protocol wants to get beloved Airbnb and Getaround out of the way, promising creation of a paradise for the sharing economy adherents, where users can easily find the services they need for a very reasonable price (there is no certainty). The founders have already launched several successful projects that were sold to such giants as Yahoo, Google and Walmart Labs.

So who and when will buy Origin, and most importantly, whether it is worth investing during the ICO  - all this and much more in our brief review.

Here is QuarkChain - a new super-fast transactional system, the founders of which were tired of slow operations and decided to build their own theme park with blockchain and shards: https://goo.gl/U7jbPK

Give a warm hug to our new SWOT analysis of the DAOstack project - a kind of incubator for the development and management of decentralized autonomous organizations (DAO).

DAOstack is launched by a strong development team and has already established partnerships with Endor, Gnosis and Sapiens. The project is cool, but the idea itself is not new - Aragon announced the development of a similar solution, but with less functionality almost a year ago. By the way, ANT shows a good profitability to date.

We will see in the future whether DAOstack's founders will be able to outdo their predecessor and cope with market threats (and they exists) or not. In the meantime, you can read the results of our expertise: https://swot.digrate.com/report/7682836c-8ff2-4f9d-bda8-949eb582ef9c

Will Bitcoin cost $10,000? Is it its time? Market statistics for the past week and the most interesting information about ICOs can be found in our report: https://goo.gl/Fe1yQm

Finally, it was quite a relief for the cryptocurrency market in April after a protracted peak in the first quarter.

Bitcoin's price has increased by 35% during the month, and Ethereum's has increased by 73%. Altcoins' pace of recovery also pleased desperate investors.

As for ICO, the month turned out to be not very successful - projects attracted almost half the funds than during the previous month.

Which projects drink prosecco, who switched to antidepressants, and what threatens the market next month, can be known from our monthly market analysis: https://goo.gl/EA7p2S

Hedera Hashgraph is the platform for implementing a new form of distributed consensus, it's the new Ethereum only better. The project has already attracted $ 18 million and opened access to the test network, however, only for the creators and members of the Council. Hashgraph promises us a high transaction speed, low costs and increased  security level. Maybe all of this will happen, but definitely not now. Hedera Hashgraph has only Leemon Baird and the Council of 39 mythical companies so far (the project does not disclose the names). See Hedera's promises in our review: https://goo.gl/WJihMY

GoChain is creating a cryptocurrency, that would approximate classical payment systems, but at the same time had the advantages of a decentralized network.

The main competitive advantage of GoChain is the increase in transactions volume - 100 times more than in Ethereum, while reducing the power consumption of the network by 1000 times.

Will GoChain become the new Ethereum? We hope, that conclusions of our SWOT-analysis will help you to sort this out: https://swot.digrate.com/report/b9bd809d-44ce-410a-9f37-6514ab855179

The first professional digital rating agency DigRate has assigned 5.0 points out of 7.0 to the Metronome project.

The Metronome project team develops a cross-platform MTN token, the main feature of which is the ability to export / import to various blockchain systems. MTN tokens are designed to solve the problems of high volatility of the cryptocurrency market, low transaction velocity and free transition between blockchains.

The initial volume of the MTN will be 10 million. Metronome creators will receive 20% (2 million MTN) of the total MTN issuance, that will be reserved within a separate TokenLocker contract (25% available immediately after the Initial Supply Auction, and the remaining 75% will be unblocked quarterly for 12 quarters in equal parts). The remaining 8 million tokens will be available for purchase through the Initial Supply Auction. The seven-day basic initial auction with a one-minute price reduction is scheduled for May 2018. 

The Metronome project is implemented by the experienced BloqLabs team. The leaders are very experienced and authoritative representatives of the crypto industry: Jeff Garzik - CEO and Co-founder of Bloq. He was one of the developers at Bitcoin Core. Matthew Roszak is a Co-founder of Tally Capital, which specializes in digital assets and blockchain technology. The investment portfolio includes more than 20 projects, including Blockchain Capital, Block.One, Blockstream, Civic, Factom, QTUM.

The advantages of MTN over main cryptocurrencies (BTC, ETH, LTC, XRP, ZEC) are the increased transaction velocity, possibility of payment by subscription and selection of blockchain network. The main risk of buying MTN is a new approach to the token sale with inflationary component. The purchase of MTN for investment purposes is doubtful, rather it is worth considering MTN as a more convenient means of settlement. Flexibility within different blockchain platforms, emission steadiness and autonomy of the Metronome smart contracts, give the token a high potential to become massive and to deduce cryptocurrencies calculations to a new level.

More information about the strengths and weaknesses of the project can be found in our review: goo.gl/dH4JEB

The first professional digital rating agency DigRate has assigned 4.2 points out of 7.0 to the RoomDAO project.

RoomDAO is a decentralized tourist aggregator that unites the participants in the field of tourist services: travel agencies, landlords and hotels, advertising agencies, transport companies and entertainment centers into a single ecosystem.

The project team consists of 10 people specializing in electronic payments, software development and marketing. There are Alexander Matushevich, ex-director of E-PORT, and Alexander Samardak, founder and CEO of Page Media Solutions. Team members do not have extensive international experience in the tourism field to achieve the project's goal.

Although the project indicates its competitive advantages, such as lower costs due to lack of commissions, decentralization and transparency of the system, as well as the possibility of earning tokens within the system, these advantages are indeed competitive in a centralized environment, but they are inherent in most projects from a decentralized environment, so they will not significantly distinguish the project from a number of competitors in this field.

Negligence of the legal side may entail negative legal incidents in the future on the part of market regulators and RDC purchasers.

RoomDAO is a decentralized tourist aggregator, whose goal is to create a single international platform that will unite all participants of the tourism services market. The goal looks difficult to achieve at the moment due to the lack of team’s experience in the tourist field at international level. If the company significantly expands the partner network and cooperates with large world tourist networks, operators and platforms, it can occupy a worthy place in the tourist business market. Launching a beta version of the platform, providing detailed information on the business model and financial plan, competitive advantages, and eliminating legal flaws will significantly increase investors’ confidence in the project. The project is at an early stage of ICO preparation and requires significant improvements to date. DigRate analysts will monitor the implementation of the RoomDAO project closely.

More information about the strengths and weaknesses of the project can be found in our review: https://goo.gl/wjT2A6

The cryptocurrency market shows signs of a short-term recovery from April 16 to 22 after a lengthy correction that has lasted since the beginning of the year. The main driver of the market growth was general positive news background, as well as the end of the tax period in the US, before which many large investors have fixed their positions.

The Bitcoin price, which can be considered as the index for the entire cryptocurrency market, has increased by 14.1% from $ 7,887 to $ 9,000 (as of 21.04) during this week. The active growth of the market capitalization and the composite DRI index show demolition of the downtrend, that has been formed since January 2018.

Alternative cryptocurrencies have demonstrated a higher rate of price recovery than Bitcoin, and a decrease in Bitcoin's dominance over altcoins was due to the active growth of Ripple and Bitcoin Cash over the week.

The cryptocurrency market showed a clear signal for recovery and most of the coins from the first twenty went into the bull trend during the reporting week.

More: https://goo.gl/y8DK57

Analysts of the first professional rating agency for the evaluation of digital assets DigRate selected 5 the most promising projects, that launch ICO and pre-ICO from 23.04 to 29.04.2018.

1. Worldopoly, Pre-ICO starts 23/04/2018. No DigRate score.

Worldopoly is the first-of-its-kind multiplayer game that combines technologies of augmented reality, geo-positioning, blockchain and artificial intelligence into an exciting economic strategy. Worldopoly designs a platform for creating, owning and trading real estate with their own internal WPT tokens, that users can earn participating in the game.

2. Decoin, ICO starts 23/04/2018. No DigRate score.

Decoin is a decentralized multicurrency trading platform, that will distribute its revenues to the tokens owners. Revenues will include spreads, transaction commissions and interest of margin trading.

3. FTEC, Pre-ICO starts 24/04/2018. No DigRate score.

First Trading Ecosystem is a neural networks based trading platform by the creators of Coinbot.Club and CryptoAngels. The system will include a number of innovative modules: Smart Trading Module for effective automated trading; Adaptive Social Assistant, which will allow traders to effectively predict the movement of crypto assets prices on the basis of analysis of social networks; and a module for analyzing the news background and analysis of exchanges for arbitrage opportunities.

4. MVL Chain, ICO starts 26/04/2018. No DigRate score.

MVL Chain is an ecosystem that collects information about vehicles. The service will unite participants related to the motor transport industry: manufacturers, maintenance services, taxi services, car salesmen and individual drivers, information about which will be included in the blockchain, that should increase the trust of the system participants to each other and motivate people to drive safe.

5. Datareum, Pre-ICO starts 28/04/2018. No DigRate score.

Datareum is a decentralized marketplace that allows users to monetize their personal data by selling it directly to researchers, large companies and other interested parties. The platform is developed on the Ethereum blockchain and will guarantee the confidentiality and security of the personal information storage.

This article expresses the views of DigRate and does not constitute a statement of fact or recommendation to buy, hold, or sell these or any other assets, or make investment decisions.

The ICO market continues to grow rapidly (around 600 ICOs were conducted in Q1 2018), competition among projects is growing, and it becomes increasingly difficult for investors to find promising startups that will achieve the project's goals and will not disappear with the raised funds. Demand generates supply, so integrated solutions that help startups to organize turn-key ICO and escrow services that allow building a transparent relationship between project founders and investors appear on the market.

The team of the first professional rating agency for the evaluation of digital assets (DigRate) has conducted an overview of integrated solutions and escrow services for ICO market. More: https://goo.gl/HQbSPE

The first professional digital rating agency DigRate has assigned 4.8 points out of 7.0 to the Atonomi project.

Atonomi is a project that develops a security protocol and related components to protect IoT (Internet of Things) platforms and integrated devices. The project developers strive to organize the most convenient and safe internal management structure of IoT devices for performing financial transactions and data exchange. Atonomi developers plan to implement a security protocol into the healthcare industry, the smart homes development and urban infrastructure projects.

Atonomi is developed by CENTRI founded in 2010 and known for its developments in the field of IoT security technologies. CENTRI has 10 patented technologies that will be used in Atonomi. Three of the 5 founders of the project occupy management positions in CENTRI, the other two managers are experienced experts in the blockchain field. Information about other team members is not disclosed publicly, but it is claimed that they are also CENTRI employees. The project has succeeded in attracting experienced advisors, however, no public confirmation of cooperation by the advisers was found.

There is information on the final stage of development of the alpha version of MVP with full functionality, but there is no public access to this prototype. The CEO of the project announced on April 7 that the finished product will be available in May 2018. The smart contract code for the ICO and the source code of the platform are not published on GitHub.

The economics of the ATMI token and other aspects of the ICO are worked out superficially. The team states that ATMI is the only a means of payment within the platform and describes the token features. The measures taken to reduce the risks of investors are not described. There is no basic information about the ICO, including the base price of the token, the volume of the released tokens, and whether this release is the only one, the hard cap and the soft cap, etc. The team also did not provide the results of the Howey Test passage.

In general, the Atonomi project deserves attention as it solves the urgent problem of the modern IoT market - to ensure the security of devices working on the Internet. But the project is at an early stage of ICO preparation and it is alarming that there are no roadmap, token economy, legal risks ICO, and the question of network scalability are not disclosed. However, the project team maintains constant communication with the community and informs about all the project progress. Release of the finished product with full functionality is planned before the ICO start, that is, investors will be given the opportunity to assess the uniqueness and capabilities of the product before purchasing ATMI tokens. There is a high probability that the project will be completed and successfully operated taking into account the experience of the project founders, the CENTRI opportunities and the availability of patented tech solutions. DigRate will closely monitor the implementation of the Atonomi project.

More information about the strengths and weaknesses of the project can be found in our review.

The first professional digital rating agency DigRate has assigned A2 investment attractiveness score to NeoNexchange  – medium-to-high probability of long-term investment return, the level of project development potential is above average.

NeoNexchange is a decentralized trading platform for currency exchange. First of all, this platform is an exchange, the main distinguishing feature of which will be the Off-Chain Matching Engine (search and closing of the purchase / sale operations into the finished transaction). That is, the search for orders to close the transaction will be made outside of the blockchain, that will significantly speed up the throughput (NeoNexchange is potentially able to process and execute more than 100,000 trades per second). Thus, the product created by NeoNexchange will combine the high productivity of centralized exchanges and the security of decentralized exchanges.

The project developers have already submitted an alpha version of the NEX Google Chrome extension, which will be used to conduct the crowdsale.

The project team includes founders of the open blockchain developers community – NEO - City Of Zion. The founders of the project are also developers of the project with a high level of competence in the blockchain field, and NEO blockchain in particular. The team is represented mainly by specialists from the tech field and balanced by experienced financial advisers.

However, the project should attract more marketing, management, finance and legal specialists on a permanent basis, according to DigRate analysts. Some aspects raise questions: for example, it is not clear at what stage of implementation the legal part of the project is to date. There is not a single legal document providing certain rights or disclosing risks to potential investors in open sources. There are also no legal documents of the legal entity and any information about the company as a whole. The greatest concern is the positioning of the NEX project token as a security token by team members. The NEX token will not be a means of payment within the platform and will be used to distribute part of the platform profit between NEX holders. Despite the fact that this token feature will attach value to NEX as the platform develops, the project team will face bureaucratic difficulties associated with the legalization of NEX as a security. In the light of constantly changing rules regarding cryptocurrencies, registration of a token as a security will be impossible in many countries and remains in question in a number of other countries. Positioning NEX as a security token will also make it difficult to list token on other exchanges.

In general, the project is one of the most anticipated in the crypto industry as decentralized exchange that supports NEP5 tokens is necessary for the further development of the market. If the project team succeeds in timely settling all legal issues and NEX will be recognized as a security legally, then plans of the team can be successfully implemented, and NeoNexchange will present a completely new standard of exchanges and the first of its kind decentralized exchange with a performance comparable to modern centralized exchanges.

Pros and cons of the project, as well as our recommendations, can be found in our report: https://goo.gl/ybtbjd

TOP 5 ICO, May 2018

Platforms for working with smart contracts, decentralized apps, interblockchain solutions, and payment processing systems were of the greatest interest of investors in Q1 2018. The ICO market is still asymmetric and 40% of all raised funds account for 1% of ICO projects.

DigRate analysts selected 5 the most promising projects, that launch pre-ICO in May 2018.


OneLedger (Blockchain Service), pre-ICO starts in May 2018. No DigRate score.
OneLedger is a scalable universal cross-platform protocol designed for business with the goal of uniting different types of business applications and enabling them to connect to different blockchains through the OneLedger side chains.


Hedera Hashgraph (Blockchain), pre-ICO starts in May 2018. No DigRate score.
Hedera hashgraph is the platform for implementing a new form of distributed consensus to ensure secure collaboration and online transactions without the need for a trusted intermediary for people who do not trust or do not know each other.


Keep network (Blockchain Service), unknown pre-ICO start date. No DigRate score.
Keep network is a privacy layer for Ethereum. A keep is an off-chain container for data enabling deep interactivity with private data.


GoChain (Blockchain), pre-ICO starts 01.05.2018. No DigRate score.
GoChain is a scalable, high-performance and low-cost blockchain based on the principle of Proof of Authority (POA) supporting smart contracts and distributed apps.


NuCypher (Blockchain Service), unknown pre-ICO start date. No DigRate score.
NuCypher helps decentralized apps developers protect their data in a blockchain with decentralized proxy server re-encryption.

This article expresses the views of DigRate and does not constitute a statement of fact or recommendation to buy, hold, or sell these or any other assets, or make investment decisions.

The first professional digital rating agency DigRate has assigned 5.0 points out of 7.0 to the Taklimakan Network.

Taklimakan Network is an investment educational platform for interaction of traders, investors, analysts, and managers through the channel of communication between beginners and experts. The main services of the platform include the following: a social network for crypto community professional and beginner members; aggregation of general information and news on cryptocurrencies; the analytical center where analysts conduct analysis of the crypto market and ICO projects; education center with a library for professional development; trading instruments consisting of trading signals, strategies and recommendations from the platform traders; investment pools with an integrated rating system for managers; collective forecasting (collective voting system); the intra-platform payment system.

The launch of the platform alpha version for testing is scheduled for April-June 2018, according to roadmap. The project’s GitHub page contains the code of the smart contract for the crowdsale. Information about the independent safety audit of the smart contract is missing in official sources of the project.

Part of the team responsible for the development has more than 10 years of experience. Its members are representatives of the company UseTech, that is listed on the Taklimakan Network project's website. UseTech has implemented solutions for a number of large and well-known Russian companies in its portfolio.

The only means of payment within the Taklimakan Network is the ERC20 TKLN token. Participants will be able to pay for subscriptions to analytical materials, trading signals, and strategies or individual expert advice with the help of TKLN. In addition, TKLN owners will have the opportunity to vote for innovations introduced on the platform.

All funds received from the TKLN token sale will be placed on escrow accounts and transferred to the team in accordance with the roadmap, that will limit the risks for investors.

Taklimakan Network is implemented in highly competitive promising fields of crypto trading and investments in cryptocurrency portfolios and ICO projects. The main feature of the project is the complexity, simplicity and variability, that will ensure the functionality of the platform. The launch of MVP is scheduled for April-May 2018. Professionals and newcomers will have motivational incentives for effective interaction within the project. The legal structure of the company is transparent, and the use of an escrow is realized to reduce investment risks. The main disadvantage is the incomplete competition strategy, that can become critical for further development in a highly competitive field.

More information about the strengths and weaknesses of the project can be found in our review: https://digrate.com/uploads/investment_overview/Taklimakan_ER_eng.pdf

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Out of 1463 ICOs that have been conducted since 2014, 565 projects (39%) did not collect the necessary amount and were closed, every seventh project (192 units) is scam or unpromising, according to the ICO Market Stats. DigRate experts selected for investors the most interesting and promising projects, that launch ICO from April 2nd to 8th, 2018.


1. Nebula AI (https://tokensale.nebula-ai.network), ICO starts 02/04/2018. No DigRate score.

Nebula AI is a blockchain platform, that uses artificial intelligence, intended for developers of AI applications. Integrated into the system API / SDK and payment gateways allow developers to receive revenue based on a smart contract. The platform will also enable miners to share hash capacity, that will allow it to compete with Amazon and Google in the field of cloud computing.

2. Quant Network (https://www.quant.network), ICO starts 02/04/2018. No DigRate score.

Quant Network creates a patented Overledger operating system, that will run multi-chain decentralized applications (MApps) and Treaty Contracts (multi-chain smart contracts). Quant Network will provide funds for enterprises and developers allowing to create applications for interaction between different blockchains using the software development kit. Overledger is aimed at eliminating barriers and current limitations of blockchain technology.

3. Squeezer (https://tokensale.squeezer.io), Pre-ICO starts 02/04/2018. No DigRate score.

Squeezer is a platform that helps software developers easily create applications without working with the entire infrastructure of the blockchain system creating a single universal network that will allow developers to connect to any blockchain system (such as BTC, ETH or LTC). It is also a powerful tool for providing high-quality software components for large corporations. Squeezer uses world-class microservice platforms, such as AWS Lambda, Google Functions and Azure Functions.

4. Safein (https://www.safein.com), Pre-ICO starts 03/04/2018. No DigRate score.

Safein is a payment wallet and a single identification number that ensures security and convenience. With the help of Safein, users can easily verify their identity in the Internet if needed, make instant payments, and monitor their personal data.

5. Traceto (https://traceto.io), ICO starts 04/04/2018. No DigRate score.

Traceto is a decentralized KYC network from Cynopsis, that took an active part in the ICO for ICON, KyberNetwork, Quantstamp and TenX. The platform will allow the KYC procedure to be performed in automated mode by combining algorithms, AI and the human factor. All interactions between KYC customers, clients and inspection staff  will be transferred to the blockchain.

6. AdSigma (https://adsigma.io), Pre-ICO starts 05/04/2018. No DigRate score.

AdSigma is an advertising platform that will solve such problems in the advertising industry as unjustifiably high commission fees of advertising networks, lack of freedom of negotiations and irrelevant advertisements. This decentralized system prevents the manipulation of data and ensures that no one can interfere with the transaction or provide preferences or privileges to one advertiser or publisher over another. The network is checked and maintained by all its participants.

This article expresses the views of DigRate and does not constitute a statement of fact or recommendation to buy, hold, or sell these or any other assets, or make investment decisions.

The first professional digital rating agency DigRate has assigned A2 investment attractiveness score to BeEasy – medium-to-high probability of long-term investment return, the level of project development potential is above average.

BeEasy is created as a universal platform, that unites several services: mining-pool, crypto exchange and crypto fund. The main company’s product is the mining service, according to project team, minimizing the threshold for entering this activity for beginners and opening the opportunity to attract a wide audience to the mining process. Experienced miners will be able to help the project with both the capacity of their data center and flexible settings for mining on the user's personal equipment via the BeEasy mining-pool.

The project is aimed primarily at the audience that is currently far from the cryptocurrency market offering it the most convenient interfaces of all BeEasy services. The project has a high probability of attracting a wide range of newcomers with a high-quality platform implementation and an effective marketing strategy, who, due to the simplicity of the platform, will be able to adapt more quickly in the blockchain and cryptocurrencies world.

The main advantage of the project is a ready-made working version of the platform key module. The team has already completed about 40% of the tasks set by the project, which is evidence of their competence.

There is a direct benefit of using ETKN tokens in accounting for the BeEasy platform users. The project will be interesting for beginners because of the convenience, simplicity and versatility of the platform.

A significant shortcoming of the project is the low marketing activity on social networks, specialized Internet communities and instant messengers, as such social activity can attract a wide target audience.

In general, the problem, that the project plans to eliminate, is relevant for the young and rapidly developing crypto industry. Many newcomers to the blockchain technology and cryptocurrency are still indifferent due to associated time and cost implications, as well as possible fraud. The BeEasy project should help such users to make the first step in mining and trading world by providing access to all platform services within a single interface.

Pros and cons of the project, as well as our recommendations, can be found in our report.
https://digrate.com/en/ico/beeasy