DATABLOCKCHAIN ICO ANALYSIS

in #ico6 years ago (edited)

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"I think there will always be need of trusted voices in the investment community, but what the ICO markets are showing is that the world has incredible demand for future-looking projects"
Adam Draper

I'm a man that loves reading books about ICO and blockchain. Today i will talk about DataBlockChain.io ICO project.

Nowadays, we see there are thousands of ICOs out there, all of them always promise huge returns and useful perks such as: dividend or bonus for their potential investors. Generally It's advicable for you to take into some considrations before you get carried away and start sending your hard earned fiat to every single project you come across out there. Keep at the back of your mind that majority, if not almost all of those projects will inevitably fail or will turn out to be an obvious scam. Research findings has proven that 92% of ICO projects failed after one year of launch.

For a typical project holding an ICO campaign, will have a website and a white paper (Technical paper, Token paper), containing as much information about the project and its goals as well.

Those (website,whitepaper) will provide accurate information on the team and its relevant experience, also the idea and the roadmap of its execution, as well approximated goals and means of reaching them offline and online through social media, token details, and so forth.

The one thing the project won’t have is a finished, functional product. So, ICO campaign essentially works like this “so, here’s an idea we put together, and this is roughly how we’re going to try and do it, please send us some money ” type of situation. Eventually, It is up to you to evaluate every possible aspect of a ICO campaign and decide whether or not you’ll be putting your funds at risk by taking part in it.

However, it is important to mention that in some cases that risk pays off. I would use EOS as an example. EOS held an ICO campaign in 2017 without any sort of a working product or even a platform but it still managed to raise over $185 million in just five days. Futhermore, EOS token started trading at the price of $0.925 and for few days after ICO ended, EOS was trading at around $5. EOS managed to take over the fifth spot on the global coin ranking list and EOS acquired huge set of gains that brought it to the price of over $18 on April 27th. At the time of writing, EOS is trading at $5.66, so if you were an early investor and decided to sell your tokens during the last bull run, your profits would’ve been almost hundreds folds.

Should I invest in an ICO?

A simple finance advice i can give to one seeking for is - don’t commit more money than you can afford to lose. This is the golden rule of any investment whether or not you investing in cryptocurrency.

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Nevertheless, Datablockchain.io ICO is the one I'm excited about. We started our token sale in July, passing through the stages of Private, Presale and we managed to exceed our initial softcap of 10 Mln with a record of $16 mln. I'm excited to announce that our main token sale is live. Main Token Sale kicked off in 10/09. Tokens Being Sold in Token Sale is 257.42MM. Token Price of each unit is $ 0.12. You can only buy DBCCoin on the official website: https://www.datablockchain.io/.

INTRODUCING DATABLOCKCHAIN.IO

WHO ARE WE?

We are team of talented experts coming together to solve a problem that has been in existence for over two decades in the data industry. Datablockchain.io is a revolutionary platform built on the blockchain technology to make data more readily available and less expensive than traditional methods of data gathering and vetting. Datablockchain.io intergrates big data, artificial intelligence and the blockchain technology.
Join the DataBlockChain Telegram: https://t.me/DBCIO

How unique is our ICO project?

First of all we are unique in the amount of data already in our ecosystem (3+ billion records) through vendor partners. Secondly, our proprietary AI that creates confidence scoring for those records to ensure the quality. Also, the transactional finality and quick payments to our big data providers via Ethereum and the DBCWallet sets us apart in the industry with its speed and transparency.

On the market where most ICOs have just a whitepaper, Datablockchain.io ICO has an MVP. The MVP of the DataBlockChain.io platform is an Alpha release which is intended for evaluation purposes only. Developers at DataBlockChain is working hard to deliver a fully completed working product. Please make sure to check out our MVP Alpha


Try MVP - https://www.dbc.io/

ICOs with already working products, or real alpha versions is always more attractive for investors. We've achieved over our soft cap, even before main sale which is a good indication that we are greatly appreciated by a strong community.

Learn more about DataBlockChain.io: https://www.datablockchain.io/
Follow DataBlockChain on Twitter: https://twitter.com/DBC_IO
Join the DataBlockChain Telegram: https://t.me/DBCIO
community company Contact: [email protected]
Join the Whitelist: https://www.datablockchain.io/
Study whitepaper: https://www.datablockchain.io/pdf/whitepaper.pdf
Ann thread: https://bitcointalk.org/index.php?topic=3361166.0

My Telegram id @Brendaico

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