Journey to a Million - Second ICO pick

Hello everyone!

This blog is about my second ICO pick for my million dollar plan. If you are unfamiliar with my plan, feel free to check out my first blog :) This ICO is Credits: https://credits.com/en/home/ico

These are the reasons I think it is good:

-Credits is the first completely autonomous blockchain system

• It has incredible scalability, being able to handle 1 million transactions per second versus 7 for Bitcoin, and 300 for Ethereum.
• Transaction speeds of up to 0.01 seconds vs 10 minutes for Bitcoin and up to 5 minutes for Ethereum.
  -The hard cap is only $20 millon so there will likely sell out quickly and be high demand once it hits exchanges.
• Credits opens on February 15th and will be on exchanges before the end of February, so there will be a chance for a quick turnaround.
• There is escrow in place so Credits can only use 50% of raised funds before goals are reached. This shows that the company has confidence in their own product.
  -Upcoming Beta release in March with full release in June. These are quite soon, and offer great potential value increases.
  -The addressable market that Credits hopes to tap into is estimated to be worth trillions of dollars.
  -The team is massive, diverse, and experienced. There are 37 team members and 9 advisors, including a director of blockchain labs from IBM and a senior consultant from IBM.
  -The token supply is 1 billion, which is a reasonable size. Each token is worth 0.0002 ETH or approximately $0.17 USD. This means there is plenty of room for substantial growth.

I will be Investing some money for the long term, some for medium term (likely around six months or so), and I may put in some money for a quick flip as well. I would be interested to hear your thoughts.

Thank you all!

Reese

If you would like to follow my journey, feel free to follow and leave an upvote. I would really appreciate it!

Twitter: @YoungAndProLife