Today i wil be blogging on investment
evaluation of Liqnet ICO project, for those that miss my earlier post on Liqnet, you can click here.
evaluation of Liqnet ICO project, for those that miss my earlier post on Liqnet, you can click here.
When it comes to ICO, investors are being careful about the projects they are going to invest in so they make various findings before funding an ICO, so I decided to do my own findings and share some of the evaluations made by different bodies as regards LIQNET ICO project.
DIGRATE (www.digrate.com)
Digital Rating Agency (DIGRATE) is the world’s first professional provider of independent evaluation of ICO projects, digital assets, and cryptocurrencies. By providing ICO project the due diligence, they help founders reveal pitfalls and shortcomings that may ruin their chances of generating funds.
According to the report published on the 24th of May 2018, from their evaluation, LIQNET has a score of 5.2/7.
Below are some of their evaluations;
1.QUALITY RATE
Under the quality rate we have both advantage and disadvantage of LIQNET project with DIGRATE recommendations.
ADVANTAGES
HIGH
Quality Rate
● The team understands real market problems and offers
their solutions.
HIGH
Quality Rate
● The team understands real market problems and offers
their solutions.
● There is a clear roadmap and detailed financial plan.
● There is developed beta version of the platform.
● A smart contract code for token sale is published.
● The economy of the LEN token ensures incentives for token holders and measures to stabilize the token exchange rate.
● The legal side of the project is thought out in detail.
DISADVANTAGES
● There are no state licenses for the provision of
financial services.
● Information on the experience of team members cannot be confirmed in other sources, except for the official website of the project.
● The founders of the project and team members are
unknown in professional circles.
● There is no information on large investments in the
project.
financial services.
● Information on the experience of team members cannot be confirmed in other sources, except for the official website of the project.
● The founders of the project and team members are
unknown in professional circles.
● There is no information on large investments in the
project.
● Low activity in social networks and average on blockchain news resources.
RECOMMENDATIONS
1. Obtain state licenses for financial services.
2. Attract investors and strategic partners to cooperation.
2. Attract investors and strategic partners to cooperation.
3. Attract advisers specializing in trading and software development.
4. Increase the popularity of the project in social networks and increase the number of publications on news resources.
5. Update the information in the LinkedIn profiles of team members and project founders.
5. Update the information in the LinkedIn profiles of team members and project founders.
6. Attract the known foreign companies to the project in order to increase the credibility of foreign investors.
2. As regards the project concept, DIGRATE strongly agree that LIQNET understands the real market problems and offers solutions.
The main problem of the market is the