Hi guys!
Enjoy my new review on Tombola ICO.
Summary
Project name: Tombola
ICO date: 01.08.2018 - 31.08.2018
Hard cap: 25 000 ETH
Token type: ERC20
Hype level: medium
Project Overview
What does the company/project do?
Just imagine that lottery will use blockchain, it will be perfect combination because all information will be clear and no one can manipulate results of the game. Tombola provides such combination, also there will be no fees on the platform and token holders will get 50% of profits for all lottery and gambling games.
How advanced is the project?
Beta version of the platform has been already launched, you can check it on their website https://www.tombola.game. And full version of the platform will go live in Q1 2019.
Opportunities
- global lottery market is growing year by year and Tombola, combining blockchain and lottery, can benefit from this growth substantially if succeed
- project is on the advanced stage of development that demonstrates serious intentions of the team to succeed
- Tombola has already attracted some serious investors and partners on the board, among them are Atom Capital, Geekbeans Capital, BD Fund and many others
Concerns
- Tombola ICO ends in 3 days but hype level is relatively low, they could do better marketing from my point of view
- lottery and gambling blockchain industry is very crowded, it`s hard to say for now would Tombola become a game-changer or not
Conclusion
Short term potential: Neutral
Current market conditions are poor and market awareness of the project is on medium side, so I have neutral view on flipping potential of the Tombola
Long term potential: Neutral
Competition in the gambling blockchain industry is severe and Tombola is in relatively early stage of business development, of course I will monitor their progress, but for now I have neutral view on project`s potential in the long term.
For more information about the ICO, please visit the following links:
Twitter: https://twitter.com/TOMBOLA_COIN
Facebook: https://www.facebook.com/TOMBOLAofficial
Telegram: https://t.me/TBL_tombola
YouTube: https://www.youtube.com/channel/UCI0TL0Z6kuCuYMnBvYciibg
Whitepaper: https://www.tombola.io/whitepaper.html
Website: https://www.tombola.io