Skip to main content

ICO review: Imperium is a revolutionary sports betting platform





Today August 20th and we are going to review another project that is going to ICO. Current project we are reviewing Imperium intends to revolutionise betting industry. What they are trying to do right now is do the same functionality that betting exchanges have already but make it with zero fees. I have several questions. First of all, is how they are going to compete with such big players like betfair.com which are
in that industry for many years. Of course betfair takes up to 6% commission. But still it has being stable. Let`s see what they propose. No fees, no limits, no risks. No risks with the blockchain. It all depends on miners you know. Let`s move on. The team decided to stay anonymous. It is not a bad idea if you are doing a betting project. But if you are planning to raise money on ICO how can we make sure that those guys know enough and have skill to complete this project.
Of course the answers to the Frequently asked questions makes me think that they did good job research. But I can not find anything proving me that I need to invest into this project unless I see something like an MVP.
What about Roadmap? They are planning to go to the exchange in the last quarter of this year. Right now they are raising and then they are going to exchanges. I wonder when are they planning to do the development?
May be I am missing something here. If you have any additional information please share it with us in the comments.
Now let's move on. According to their blog on medium.com they are saying that they do not want to show their names because they are aiming to a multi billion industry where some part of it is controlled by black market. I can understand that. However from what I read in articles when Betfair appeared they were also going into the same industry competing with the same bookmakers or bookkeeping companies. and they were completely open and transparent.
I decided to take a look when did they register their domain name. It was less than 5 weeks ago. Not much time has gone since then.
The twitter account. They got Spart. Twice. Hello Sparta. This is Sparta! Cmon. They started social activity less than a month ago. And their facebook fan page. They are trying to be active here but the anonymousness does not make me confident to invest into this project.
The decision is up to you. Write in comments if you will invest into this project or not? What concerns do you have about it? And may be the team of Imperium will get in touch with us and answer our questions. Thanks

Comments

Popular posts from this blog

ICO review: Godzillion - The New Disruptive Decentralized Marketplace

Today is August 25th and we are reviewing ICOs again. I want to attract your attention to the fact that there is about 6 or 7 ICOs starting today. I had reviewed all of them. The first thing that was on my mind is it a joke or not? Some of them obviously are a joke. Instead of making a very critical video about all of them I decided to pick on that might worth reviewing on TokenSell channel. This project is called Godzillion. It is done by chilean company. They are from South America. This is first project that we review from Chile. It is ethereum based token that will unable to vote, issue and distribute the tokens within ethereum virtual machine. You can review video with this guy. He seems to be very confident about what he is saying. I do not want to go too deep through their whitepaper. You can do it by yourself. I just want to mentioned that guys had placed a lot of information on their website. I can not agree with the way they designed it: colors, backgrounds. It is mor...

ICO review: CarTaxi - World's first operating car towing platform on blo...

Hello everyone. Today we will review a project called cartaxi. It is going to ICO. Right now it at the stage of pre-ICO. The reason why I picked up this project because it is one of those project that are already working projects with an MVP and other applications in apple store and google play. Let`s see what this project has. The team had created an application that allows car drivers to get their car towed to a place where it can be repaired. Right now it is a trend that a lot of services like that are being aggregated and the leads from real calls from people are forwarded to the nearest service provider available. This industry is not an exception. Reviewing this project I see that the team has understanding of where their project is going, they did their marketing research and are aiming towards markets of Russia, China and USA. You can see the team here on their website. The team is quite big - over 40 people. They have names and descriptions with linkedin profiles. The t...

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...