Skip to main content

ICO review: DES - decentralized escrow service






Today is August 27 and we are reviewing another ICO. It is DES - Anti Scam. DES is decentralized escrow service. Reviewing their website I kinda figured out that the guys are from Russia. Not because of their profiles. Just look at their titles here: Main Steps, For Whom. Let's take a look at main steps. Guys have a RoadMap. They will do smart contracts. I believe. Yes. Potentially could be done. They have big enough team to start with. The founder is also a founder of russian blockchain association which is not bad. If you will go to the website of this association you will see that there are lot of representatives from a number of cities in Russia. What  I like here is that they have a bunch of advisors. This list of advisors and list of people who are joining the team makes me think that they gonna do what they are planning to. I do not want to take too much of your time reviewing this project. I will leave it all up to you. I just want to wish good luck to this team during the ICO and help save investors money and provide this escrow services. The only thing that we need to review is how they will do it. Steps:
1. Startup raises funds.
2. They confirm the roadmap
3. And then investors will confirm that they agree at least 51% to send next part of money.

Reviewing ICOs this week I came to an idea that I need to change the strategy of reviewing projects. We will start next week from a weekly review of ICO coming starting from August 28th up to September 3rd.
There will be a lot of ICO on Monday. Then I will review everyday projects that I think worth our while. So you can send me information about your project at tokensell [at] gmail.com. if you want me to review it next week. Do it only if you are ready to critical feedback. And we will do review of your project too. That will be usually done a week before the ICO or the day when your ICO starts.
Labels:

Comments

Post a Comment

Popular posts from this blog

ICO review: experty.io - Get paid calls in cryptocurrency. Democratizing the consultations market

Hello everyone. Today is September 28th and we are reviewing another ICO.This time we are gonna review experty.io. This project is only in the preparation stage of the ICO. It is not like other projects that we reviewed before that were on the ICO start date. That is why some of the things that the team is still working on like their whitepaper. The team is working hard on the technical aspects of their project. You can see what the guys do in the video here. How their project works. They have an alpha version of the app. You can see they are building their app and they show us the process of money transferring within the system. The main idea of the project is that you will be able to monetize the time you spend over the phone consulting people or projects by billing them on a minute basics. They have a bunch of use case describing the wide audience they are reaching. This project is interesting for us too cause we are providing consulting for ICO projects too. What the
Post a Comment
Read more

ICO review: Belrium - First KYC compliant blockchain

Hello everyone. Today is September 8th and we are reviewing another ICO which is called Belrium. This ICO comes from a company called belfrics. They already have a trading platform that they had built. They are introducing right now KYC complient blockchain. To make a long story short they are trying to make a blockchain where users will be verified which means that they will do KYC before the transactions will be processed which is nice for companies who want to be open and receive payments from known people. What makes me think that this ICO will succeed is that they already have a working product and also introducing another application for retailers, shoppers and advertisers. They believe that this application will bring more users to their blockchain. We will see. Let's move on. Token distribution: the team is planning to distribute tokens into 4 pools. Pool A (60%) : Pool A will represent the contribution made during the token sale period. Pool B (20%) : Belfrics re
Post a Comment
Read more

ICO review: UTRUST is a revolutionary payment platform that empowers buyers to pay with cryptocurrencies while providing a groundbreaking purchase protection mechanism

Today we will review another ICO. This project is in the stage of pre-ICO. The reason why I chose this project is cause I like there website and they have descent white paper. This project - UTRUST - does a new revolutionary payment platform. They will help people to use fiat currencies to pay in their tokens and at the same time provide an ecosystem for solving disputes and do it faster than it is done by services as bitpay. Now what I like about this website and about this project is they have partners, nice video describing the project, they also have a strong team that makes me think they have all chances to succeed. And everybody in the team has linked in profiles which proves they are real people. It is nice to work with real people at our ICO age. Reviewing their white paper you will notice that they have description of the problem and clear explanation how they will solve the problem. They will try to make an ecosystem for ecommerce and cryptocurrencies to make it mor
Post a Comment
Read more