July ICO rating

Initial coin offerings are a form of crowdfunding that allows for new projects to raise capital. These projects are the beginning of the decentralized age and allow for investors to get involved early and to reap a lot of rewards. We have created a ranking system for the up and coming projects in order to provide the best picks to our investors!

Chicago Crypto Capital
July ICO ratings

Standardized four-star scale
★ One Star – scams to stay away from, possible fraud, serious legal issues or severe technical discrepancies, non-existent project
★ ★ Two Stars – Poor outlook, poorly conceived concept, bad token economics, no clear plan for token use, non novel idea in a crowded market
★ ★ ★ Three Stars – Decent plan, and/or unique market*, transparency, team, marketing presence
★ ★ ★ ★ Four Stars – Big name team and partnership, novel tech, token economics, good structure, huge marketing

SamBanx – ★ ★ ★
ICO Date - July 1st 2018
Overview: Blockchain-powered banking services and secure crypto exchange that connects EU Bank users, with the goal of going global, includes a finpay scan-to-pay service and automatic trading system to manage both fiat and crypto accounts
Token Economy: Incentivized token economics using cryptoasset for services and discounts
SamBanx Token (SAM): total 100,000,000 SAM
Market/Competitors: Niche market, with little direct competitors
Team and Business Plan: solid

Midas Protocol – ★ ★
ICO Date - July 1st 2018
Overview: Universal smart wallet for all crypto needs (trading, portfolio management, conversions, market alerts), trailing stop-loss order protects trader from loss, place standby orders, portfolio analysis,
Token Economy: Incentivized token economics using cryptoasset for services and discounts
Midas Token (SAM): holders can invest early in new ICOs, users use tokens to buy tools and analysis options
Market/Competitors: Niche market, with little direct competitors
Team and Business Plan: strong roadmap and development
Considerations: would be 3 stars but red flag by coincrunch

Virtual Universe – ★ ★
ICO Date - July 1st 2018
Overview: Virtual Reality Game system with different roles of participation, create revenue streams from participation in the virtual world, successful prototype with a focus on user engagement
Token Economy: VU Token used for exchange of value in virtual world economy
Market/Competitors: Novel technology
Team and Business Plan: solid
Considerations: lacks coin plan

BlockVest – ★ ★
ICO Date - July 1st 2018
Overview: Cryptocurrency exchange and index fund, Blockvest 30 Index – tracks top 30 cryptocurrencies autonomously; 1st licensed and regulated cryptocurrency based in the US; token-as-a-fund business model; platform provides market research, analytics, portfolio management, and trading management
Token Economy: BLV and additional stablecoins
BLV: ERC20 token
Market/Competitors: Niche market, with little direct competitors
Team and Business Plan: not mentioned in whitepaper, but legitimate team
Considerations: convoluted concept of separate stablecoins used to reduce volatility

CyBit – ★ ★ ★
ICO Date - July 1st 2018
Overview: Crowdfunding platform for ICOs, assists start-ups to get investments and investors to evaluate business proposals; a credible blockchain-based globally accepted token for payment and crowdfunding
Token Economy: used to invest in the global marketplace
CyBit Tokens (CBT): ERC223, backwards compatible with ERC20
Market/Competitors: Niche market, with little direct competitors
Team and Business Plan: solid

Playtness – ★ ★ ★
ICO Date - July 1st 2018
Overview: Tokenizes the world of fitness through fitness platform, gamified regimes, and trainers; includes game that mirrors workout regime to keep trainees motivated and engaged
Token Economy: Incentivized token economics mined through exercise and used for real fitness products
Playtness Token (PT): ERC20, with wallet and exchange for fiat money
Market/Competitors: Large opportunity for fitness community and gym involvement
Team and Business Plan: solid
Considerations: Ability for platform to catch on in fitness world

ROOMDAO – ★ ★
ICO Date - July 1st 2018
Overview: Decentralized market place for travelers and service providers bypassing third party platforms, user-friendly payment system for instant transactions and fast currency conversion, transparent dispute resolution policy, paid directly via RDC fiat currency would be converted automatically
Token Economy: All service transactions through RDC on RoomDAO Platform
RoomDAO Token (RDC): ERC20 token used for exchange of services on platform
Market/Competitors: Hospitality market for small-middle size businesses
Team and Business Plan: Solid, expansion plan through grassroots and referral programs
Considerations: locations of where RoomDAO will first be implemented

Konios Project – ★ ★
ICO Date - July 1st 2018
Overview: Secure cash to crypto platform through decentralized globally uniform exchange principle on Konios Blockchain, easy access through smartphone and internet, F2F exchange; includes trading, data, blockchain, and wallet; goal to bring more people into crypto world
Token Economy: access point for platform, loyalty bonuses for use of app
Konios Token (KON): fees converted to KON for transactions
Market/Competitors: Other exchanges
Team and Business Plan: Solid
Considerations: difficulties of F2F transactions

Iris – ★ ★
ICO Date - July 1st 2018
Overview: Blockchain based electronic healthcare record (IrisEHR), miners upload personal healthcare data for Iris Tokens and third parties purchase data using tokens; various smart contracts: historical, lead, and direct already tested in prototype, big data analytics and reduces fraud
Token Economy: tokens gained by uploading healthcare data, buyers interested in stored day purchase using tokens, eventually it would be used to pay for healthcare services with exchange for fiat
Iris Token: use of purchase, not for ownership of any information
Market/Competitors: not within cryptocurrency, but the standard healthcare system
Team and Business Plan: has real world applications and future plans, though not structured, also lacks large marketing force though many members have background in the medical profession
Considerations: based in Singapore, implementation into healthcare system, and individual fears over personal information despite the system’s privacy and legal issues in other countries

IDMoney – ★ ★
ICO Date - July 1st 2018
Overview: Social, pubic, and global governance model and crypto wallet, wallet conceived to generate wealth for owners, new model would offer a global government community and multi-government currency; consists of app, token, educational tool, and wallet
Token Economy: game app targets (3) local governments and eligible players vote through IDM tokens used to target poverty and relief programs
IDMoney (IDM): total of 15,000,000
Market/Competitors:
Team and Business Plan: Solid
Considerations: USA and China cannot participate

Trippki
ICO July 2nd 2018
Tokenizing traveling

KINEKT Terminals
ICO July 2nd 2018
Transation agnostic blockchain integrated terminal

Zichain
ICO July 2nd 2018
Blockchain asset management ecosystem

VLUX
ICO July 4th 2018
P2P Energy w/ AI and Blockchain

DiroToken
ICO July 4th 2018
Decentralized identity and access management platform

Pigzbe
ICO July 4th 2018
The tangible piggy-wallet for children

Impetus
ICO July 4th 2018
Online advertising

Starflow
ICO July 4th 2018
Blockchain ecosystem for influencer economy

CoVEX Platform
ICO July 7th 2018
All-in-one trading Platform