I will be short, but reasonable. I will focus on reviewing only ICOs with the biggest potential for a short-term investment, in which I am personally going to participate.
Project
Streamr tokenises real-time data and delivers unstoppable data to unstoppable apps.
Streamr provides a complete system to create unstoppable real-time data apps, even without writing code. Currently, the valuable data you produce is at the mercy of large corporations. In the Streamr network, it’s yours to use and sell as you wish, and travels through a decentralised peer-to-peer network controlled by no one and incentivized by the DATAcoin token.
Let’s consider a self-driving electric car. For optimal operation, it needs data from other machines, such as traffic congestion information from other cars, electricity prices on nearby charging stations, weather forecasts, and so on. Streamr provides a single interface for real-time data delivery and payment, making data streams tradeable using the DATAcoin token.
The car can autonomously get the data it needs and pay for it. In turn, the car can sell the data it produces, such as traffic data to other cars, road condition measurements to a smart city, location and battery level to advertisers, and so on. A data stream economy is born.
Key information
Total funding cap: 30,000,000 CHF (almost equal to $30,000,000)
Private pre-sale cap: 15,000,000 CHF (15% discount) – Reached
Public pre-sale cap: 5,000,000 CHF (10% discount) – Reached
Crowd contribution cap: 10,000,000 CHF
According to their team in Rocket Chat tokens will be transferable within a few weeks after the end of the crowdsale.
Pre-Contribution September 14th
Registration period October 6-9th
Contribution period October 13-26th
Pre-Contribution Summary (full article here)
- $5mln cap was reached in 25 minutes.
- Around 1,700 people signed up on the BS platform, and 700 provided KYC materials.
- 120 people made it all the way through into the public pre-contribution period.
To participate in ICO you need to register and go through KYC (know your customer) process.
Two options to participate:
- Small Cap for contributions between ~$500 – $5,000
- Large Cap for contributions between ~$5,000 – $50,000
>The Small Cap track will have a faster KYC/AML process, and a 24 hour exclusive contribution period before the Large Caps can participate. Registration for both tracks will begin at the same time on October 6th. If you wish, you can register and participate in both tracks.
Additional information
Country of origin: Switzerland
Token type: ERC20
Tokens available: 650,000,000 DATA
Max # of tokens: 1,000,000,000 DATA
Twitter followers: 4,414
Rocket Chat members: 1,783
Summary
• Solid project with a big growing community.
• Low total funding cap, which is always good for the future tokens price.
• White List with a personal cap.
• Only small cap participants can contribute during the first 24 hours.
• Insignificant discounts for the private and public pre-sale investors.
• From 700 investors who wanted to participate on the pre-contribution phase only 121 managed to do it.
• Tokens will be transferable within a few weeks after the end of the crowdsale.
Although I skipped several points such as team, token distribution, stage of the project, token utility, etc. I believe the hype says for itself. People want to contribute to this project and it looks like many whales won’t get on the boat as most of the funds will be raised from the small cap contributors. For me as for a short-term investor it’s all what matters.