ICO Analysis: NODVIXPublished on October 18, 2018
By
Daniel WonProof:
https://hacked.com/ico-analysis-nodvix/TeamValeriya Okuneva: Okuneva is a content specialist at BAKERS, a marketing and advertising company based in Moscow.
Ryan Raymond: Raymond is a community advisor at PayFair.
VerdictBelow is a breakdown of the risks and growth potential of NODVIX.
Risks Team members’ LinkedIn pages do not show their previous working experience. (-2)
Token metrics do not favor the later ICO investor much. (-2)
Growth Potential A demo for Windows, MAC, and Linux is already available, a rare sight for many ICOs. It can be found at the top of NODVIX’s website. (+4)
As supported torrent nodes (master nodes) who get 8% of the profit are required to stake NDVX tokens, there is sufficiently strong holding pressure. (+2.5)
DispositionGovernmental intervention over the content on the Internet gets tighter and tighter every single day. People living in places like China, Iran, Saudi Arabia, and Singapore experience this phenomenon in their day to day lives. In response, the NODVIX team provides a broadcasting platform similar to YouTube where original content creators and uploaders provide visual media and get paid in return. As the platform will be live 24 hours a day, people who will supply and verify the content data are incentivized to do so through a stake-and-reward mechanism. Any supported torrent node will get 8% of the profit, which is a sufficient reason to hold NDVX tokens.
It is a bit hard to evaluate the project’s value in terms of return on investment as team members’ LinkedIn pages contain very little information, yet a working demo already exists and can be found at the top of the main page. It is quite praiseworthy that Windows, Mac, and Linux versions are available. Token metrics do not favor the late ICO investor as the early bird catches not only the worm but also great bonuses. Anyone planning to participate in the sale should hurry or perhaps wait until the token hits the market. NODVIX receives a
2.5/10.Investment Details Type: ERC20 – Utility
Symbol: NDVX
Platform: Ethereum
Crowdsale: November 22nd
Minimum Investment: 0.01 ETH
Price: 0.000125 ETH
Hard Cap: 21,000 ETH
Payments Accepted: BTC, ETH
Restricted from Participating: United States, Singapore, Korea, China.
This is the low point of project -
2.5/10...
Thank you for your opinionated scoring.
I find it somewhat concerning, perhaps even frustrating, that you are judging an entire project based off of lack of team LinkedIn profiles. Especially as, the entire team is easily accessible via telegram, we are producing weekly YouTube and medium updates and even a video series that follows the project from its inception to go live. Additionally, LinkedIn is not a popular business tool in Russia, therefore had to be created for most of the team from scratch at the beginning of this project.
Other than that, thank you for taking the time to review. One comment re your article, my name is Ryan Redmond.
Kind Regards,
Ryan
Redmond