Express Review of MobyOne ICO for #Wings valuation bet
Below is an express review of MobyOne ICO i made to bet on #Wings platform.
Team is 3 out of 5. Although average relevant experience and background, team are quite active in the space, communicating regularly on the project. Some of the areas are staffed by advanced experts.
Market cap is realistic and relevant (consider market cap of Tenx of 60+M USD ). Tokens economy makes sense and creates good incentives to purchase, limited supply, liquidity...4 out of 5.
Good solution for tokens liquidity problem - debit cards for specific tokens. Still a number of competetives in the space, some of the more advanced in the journey . 3 out of 5.
Hype, marketing is 3 out of 5. Although they are already in private sale stage, Telegram group is just only gaining traction. There are several thousands active users at the moment. There are updates in Medium and Twitter, shared gitlab account.
Considering the fact that ICO will last till beginning of March, I think it's very likely they will meet their maximum CAP. I would not exclude the scenario where they will fulfill even before private sale as it's quite common in current realities in the space.
Therefore my bet is that they will meet their max cap of 50M SPEND. I assume the ETH price of 900USD and bet on 45M USD Market Cap for MobyOne.