ICO Review – TokenDesk making investing into ICOS easy
ICO Details:
(from their white paper)
What is it?
Tokendesk is trying to make ICO investment easier. They will provide a platform that will list all new upcoming ICOS. Tokendesk tries to make the purchase into ICOS easier with upto 30 different altcoins (10 to begin) they will also accept Creditcards, paypal and even wire transfers. They will provide an Integrated Wallet for the ICO tokens.
Finally they will also use a rating system for all the ICOS this rating system will consist of:
- Background of ICO Members an Executives
Product Idea
White papers reviews
- Business strategy, strategy & Finance
- ICO development plans and the legal aspects
Token holders will be able to participate in the ranking and can earn extra income
Roadmap
Their ICO ends in December and they expect to be listed in major exchanges (Bitfinex, Kraken and Bittrex) by February. Not too sure if this is fully realistic specially with Bittrex. 4 Months after the ICO they plan on releasing their platform. The bit that I find interesting their rating system does not seem to be in the roadmap until 2019.
Team
Interesting team, it seems to have loads of people with a lot of experience. But not cryptosuperstars that I recognized. Their advisors include the Cofounder of Codeopera, the Mayor of Vilnius, The GM of Columbus Lithuania and several others that again look very experienced. (Vitalik is not listed as an advisor for a change!) Interestingly they also have several legal advisors from Avocad.
Their founders and advisors all have links to Linkedin on their description.
Token supply, Funding distribution
The token (TFS) will be an ERC20 token
The final number of tokens created will be calculated according
to the contributions and the demand. It will be fixed and
publicized by the end of the ICO day. TDS Tokens are of limited
edition - 20 mln. TDS maximum.
The tokens may be exchanged for tokens of new ICO projects.
Competition
There are sites that provide ICO details but nothing that seems to bring it all in and wrap it up into a nice little package.
Conclusion
I will buy into this ICO. I like their idea . They are providing a nice solution to a problem.
Links
Main site: https://www.tokendesk.io/
Nice site, has loads of information. Inclides a little online chat to ask them questions.
White paper: https://www.tokendesk.io/docs/Whitepaper.pdf
Nicely presented, easy to read.
why is it that you are skeptical of their availability on bittrex ?
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