Block Ex DAXT ICO - Review
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"BlockEx Limited is a London based fin-tech company. We have launched the Digital Asset Exchange Platform (DAxP), a global marketplace for all asset classes and instruments using distributed ledger technology (DLT). In addition to the DAxP, we are offering the Digital Token Product Offering and the Digital Asset Exchange Token (DAXT) as part of our efforts to add Initial Coin Offerings (ICOs) to the asset classes being serviced." (Website)
Main Positives
This is a government approved portal that will allow ICOs to be launched through their platform. They will take care of the offering, claiming, legalities and other details needed in order to run a smooth, compliant and fair ICO. Since the demand for ICOs is increasing every week and the number of ICOs being released is not stopping this should be very useful for investors. They aim to clean up the ICO marketplace which is something urgently needed with all these gas wars and ridiculous caps.
Native tokens play a functional role in this platform. They can truly be categorised as an utility. It would be very beneficial to hold the tokens if you are planning to participating in ICOs offered on BlockEx.
Very broad and solid team. It consists of 46 core team members and 6 advisors.
Main Negatives
Unfortunately the platform algorithms and technicalities are not presented in depth.
The hype for this ICO is not high considering they already have been doing their pre-ico for more than 1 month. From what I found there were no phases neither during pre-ico, hence it just continuously ran without building up too much hype.
Team Highlights
Andrew Perkins (Director of Finance & Regulation) - He was the Assistant Vice President at Citi Bank for 6 years. Furthermore, he has some Blockchain experience as he worked for Investec filling the position Blockchain R&D Lead for over 1 year.
Joseph Tsou (Managing Director, Asia) - Has worked for KPMG and Citi Bank. Both huge multi-national companies and to get accepted for the positions he has undertaken you need to have extensive knowledge and know what you are doing.
Jon Matonis (Advisor) - Founder of the Bitcoin Foundation is what stands out most.
The Wrap Up
Flip: Medium | Long-Term: Good
For further information and more information about this project go to the following:
Isee0s Review Spreadsheet: http://bit.ly/2jpOUHX
Telegram Isee0s Announcement Channel: @IseeOs
Telegram Isee0s Chat Group: @https://t.me/iseeos_reviews
The information provided is not to be construed as financial advice in any shape or form. You are strongly advised to conduct your own research before investing. As an investor, you are solely responsible for your actions. I cannot be held liable for any losses you may make. This information is simply my view and opinion on the subject.
Great post. I subscribed to you and voted. I hope for reciprocity!