Eventum ICO review

I'm writing this review because based on trying the alpha of this ICO I think it will have a bright future. Based on what I know now I will be investing in this ICO, this review will make me research everything a little more and hopefully will help whoever reads this to make an informed decision on investing in this ICO. I am not a financial adviser if this looks interesting to you I will be providing links to their web page for you to investigate further if what I'm saying is peaking your interest.

Eventum is using crowd sourcing or wisdom of the crowd to accurately come to a conscious on bunch of questions in a given video. There have been a bunch of studies that show how intelligent a large group of people are. That all working together they can achieve some incredible accurate things. Far more accurate then most people would realize.

Here is a video conducting a experiment. The results are startling.

After seeing that video you can understand how bringing that kind of accuracy to real time platform could be very beneficial in any number of situations.

Here is the website it has both a whitepaper and a lightpaper both do a good job explaining the in's and outs of how everything works.https://eventum.network/

Now onto the more financial part. Any ICO or existing token/coin you purchase you need to make sure it is linked to the advancement of the product. From an investment standpoint it doesn't matter how incredible the idea/team/end product is if the money you invested into the token doesn't get represented or used in said product. This is a erc20 token so it can be stored in all the erc20 Etherium wallets (MEW being my preference). As far as the write up in the whitepage goes the token is directly tied to doing anything on the platform. There is some flexability in using other erc20 tokens instead but they get converted to Eventum tokens anyways. So yes imo the token is integrated into the platform sufficiently for the price to rise as the platform takes off.

Token economics, Important to look at the token sale. How much the team is holding for themselves and how long they are vested. In this case its 12% for the team and they have to be vested for 3 years. So not a greedy amount by any means.

TOKEN DISTRIBUTION
Total token supply: 500,000,000 EVT
Minimum target (soft cap): 1,159 ETH
Total target (hard cap): 18,539 ETH
ICO= 50%, Team=12%, Partnerships=8%, Advisors/sales costs=8%, Future financing=10%, Ecosystem fund=10%, and finally Bounties=2%

So 1/2 the tokens going up for sale in the ICO 250,000,000 EVT for 18,539 ETH (875.00 usd at the time of writing this). So that puts this ico at a starting market cap of just over 16 million dollars which would list them at 378th at coinmarketcap.com This is a pretty low starting market cap for a product that has a working alpha and likely will have a full working beta out before the ICO is finished. I personally think this product will be in the top 100 very quickly after the ICO with a working beta that people can use. So a quick check at CMC shows that to get 100th you need to be at 148 million, so that would be a 10x price increase over the ICO listing. If you think that is to ambitious, to crack the 200th spot you need 55 million market cap. So that would be a bit over 3x.

Keep in mind many of the top 200 coins are concept only with no working product at all. This ICO looks to be launching with at least a finished alpha platform. I used and it worked well with no issues. It doesn't have an ICO date that I can find as of right now so it will likely have a working beta at launch. My only small issue would be that they are holding back more tokens then I would like. I'd think 60% ICO token sale would be more ideal.

Overall I think this is a strong ICO that's worth taking a serious look at. If you want to sign up and help me out here is my referral link alpha.eventum.network/?ref=btVu1hec

By Bitcointalk User Name : Alfagih

Profil Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=1378633

cryptocurrencybitcoincryptocryptocurrenciescrypto-news