ICO Analysis: SwipeCrypto
Published on July 29, 2018
By Daniel WonTeamThe team behind SWIPE is SwipeRich, a mobile advertising company behind leading, Southeast Asian, advertising-based rewards apps AGILA Rewards and cepatswipe. The userbase of nearly a million (between the two apps) was built up in less than 2 years (first app AGILA Rewards was released in late 2016).
AdvisorsShaun Djie – Djie is the Co-Founder of DigixGlobal, which is actually the first Ethereum DApp, as well as the Founder of the Ethereum Singapore Meetup, the largest meetup of its kind in Asia. Djie’s network should be of great help to SWIPE, which is based in Asia.
Megain Widjaja – Widjaja is Chairman of Indonesia’s Alternative Media Group (AMG), the largest digital advertising company in Indonesia.
Davy Makimian – Makimian is CEO of Alternative Media Group. Him and Widjaja’s support for SWIPE should say something about the project.
PartnersSWIPE partners include myphone, the biggest smartphone original equipment manufacturer (OEM) in the Philippines and AMG in Indonesia.
VerdictBelow is a breakdown of the risks and growth potential of SwipeCrypto.
Risks SDK sounds promising but no working product (at least not publicly) (-1)
Token distribution and token sale details not released (-1)
Growth Potential Team has relevant experience (+3)
Meaningful and relevant advisors and partners (e.g. Asia-specific, digital media/advertising-specific) (+3)
App developers could be enticed to use SWIPE’s SDK for its in-app marketing suite alone given that SwipeRich (SWIPE parent company) has proven experience when it comes to in-app user engagement and retention. Such adoption of the SDK by app developers could have a positive impact on SWIPE’s growth (+2)
DispositionThough SwipeCrypto has yet to release a working product and token distribution as well as token sale details, their experience building relevant, successful apps and relationships with meaningful and relevant advisors helps tip the scale in their favor. Add to the fact that Southeast Asia is a huge growth market, with only 51% currently using the Internet on a monthly basis (but that number is growing – fast) and Southeast Asians spending more time on mobile than people in any other region, and you might just have to swipe right on this ICO. SwipeCrypto receives a
6/10.Proof: https://hacked.com/ico-analysis-swipecrypto/