ICO Analysis: HyperionBy Fredrik VoldVerdictHyperion has an intriguing idea and a team with a demonstrated history of launching and operating a successful cryptocurrency investment fund. Evaluating ICOs for investment is simply becoming too challenging for most individual investors, so having a team of professionals to actively manage this portion of one’s portfolio makes a lot of sense.
Ironically, the main drawback here is also related to the huge amount of work required to effectively evaluate ICO investment opportunities. It is unclear whether the team is planning to bring onboard more analysts, but as of now, only the same analysts as those working for the crypto index fund Crypto20 are listed on the website. Time will tell if this is a strong enough team to successfully navigate the notoriously difficult ICO landscape.
Risks The team has demonstrated their capability of successfully running a cryptocurrency fund with Crypto20, but the risk here lies in whether the team will have the capacity to run two funds at the same time; one index fund and one actively managed venture capital crypto fund. -1
Investors know nothing about the fund managers’ ability to find good investment opportunities. -1.5
Growth potential There is a strong need in the market for the service the fund offers; researching ICOs, separating the good from the bad, and investing client funds in only the top offerings. +3
The fund offers legitimacy to projects that it chooses to invest in, professionalizing the entire ICO and blockchain start-up scene and potentially help separating scams from legitimate projects. +3
The team appears strong with a demonstrated history of running other cryptocurrency funds. +2
The team has developed several proprietary AI-based screening tools to help with the analysis process. +2
DispositionOverall, the Hyperion fund appears to be a solid ICO, solving a problem that all ICO investors are facing. It could help beginners avoid potential pitfalls in this space, while also being an advantage for more advanced traders and investors to use as part of their portfolio, possibly as a complement to holdings of more established crypto assets.
We believe the Hyperion fund deserves a strong score of
7.5 out of 10.Proof: https://hacked.com/ico-analysis-hyperion/