Gentlemen, look at this analysis:
ICO Analysis:
CryptoCurvePublished on July 12, 2018
By Daniel WonProof:
https://hacked.com/ico-analysis-cryptocurve/Token
The CURV token has a multitude of uses:
CURV holders get voting rights for which ICOs get listed on the wallet
Trading fee discounts if you use CURV
Creation of ICO pools if you hold 10,000+ CURV
Nuke and portfolio snapshot features
As mentioned, stake CURV to receive airdrops of ICO tokens
There is a total supply of 415,000,000 CURV.
50% will be sold in the token sale, 35% will be held by the CryptoCurve Foundation, and 15% will go to the team and advisors.
Also, CryptoCurve buys back a % of CURV tokens every quarter and burns them.
The token sale has a fundraising goal of $32m ($26m in the private sale and $6m in the public sale).
For the pre-sale, there is a 100 ETH minimum contribution and 25% bonus. However, there is also a lockup – 25% of tokens will be released upon CURV token release. Afterwards, 20% of tokens will be released per month for 5 months.
TeamCEO Joshua Halferty was a project manager at Hewlett Packard Enterprise for a little under 2 years and led multi-million dollar software development projects for the US Navy and Marine Corp
Chief Security Officer Sean McGurk has deep experience in IT security:
Director of Control Systems Security and National Cybersecurity and Communications Integration Center (NCCIC) for the US Department of Homeland
Security Industrial Control Systems Cybersecurity for Verizon
Critical Infrastructure Protection / Industrial Control System Security for Intel Security
Chief Security Officer of Data Center Operations for Amazon Web Services
Senior Policy Advisor for the Industrial Control System Information Sharing and Analysis Center (ICS-ISAC) – the private/public center for sharing knowledge on best practices for Industrial Control System (ICS) cybersecurity.
McGurk is definitely a great individual to have onboard for a wallet-based project (security being paramount).
Marketing and Partnerships Benn Godenzi – Godenzi has worked on marketing and in advisory or strategic roles for high-profile blockchain projects, such as AION, ICON, Stack, Wanchain, Quarkchain, and more. He is also the co-founder of Interoperability Alliance, which seeks to achieve interoperability amongst different blockchain networks like AION, ICON, and Wanchain. This background should be useful in CryptoCurve’s cross-chain transaction efforts.
Advisors
Dustin Byington – crisis management analyst at Goldman Sachs before turning his attention to the blockchain world, where he founded Bitcoin College, Tendermint, and Satoshi Talent. He was also the president of the Wanchain Foundation.
Rajesh Gopi – Senior Engineer at IBM and technical staff at Sun Microsystems before becoming a consultant for Coinbase and Vice President of Products and Business Development for Wanchain.
Addison Huegel – Head of Communications for Zilliqa, a hit ICO itself and advisor to multiple other blockchain-based projects
Moe Levin – Director of European Business Development for BitPay, Founder of the North American Bitcoin Conference in Miami, Executive Committee Member of Global Blockchain Council (council in Dubai aiming to make it a hub for blockchain innovation and growth), CEO of Keynote, which has produced tons of big-name blockchain conferences, advisor to multiple blockchain companies like AION, Wanchain, RSK Labs, and more.
Verdict
Below is a breakdown of the risks and growth potential of CryptoCurve.
Risks The wallet sounds great but no real product yet. Seems like they’re just using open-source code from mycrypto.com for now as their wallet. (-0.5)
Related to the above, the technical aspects of the wallet are very ambitious – neither the team nor advisors seems to be particularly experienced in similar, tech-heavy projects. (-0.5)
A fiat gateway is also something that isn’t exactly easy to obtain. (-0.5)
Lockup for private investors a bit short considering the heavy allocation of private vs. public sale tokens and no information on maximum contribution amounts. (-1)
Growth Potential Decent team, all-star advisors. Advisors should be of great help when it comes to marketing and drawing hype. (+4)
Steadily growing Telegram – see CryptoCurve. (+3)
CURV token has a lot of potential use cases that could drive demand for it (provided the wallet takes off). (+2)Disposition:CryptoCurve has a great list of advisors and hype seems to be growing steadily for the project. Things like short lockups for private investors (maximum contribution unspecified) and ambitious goals with regards to technology and fiat gateways could limit its potential in the mid to long-term though. CryptoCurve receives a
6.5/10
Investment Details: Type: WRC20 – Utility
Symbol: CURV
Platform: Wanchain
Crowdsale: TBA, whitelist open
Minimum Investment: Unspecified
Price: 1 CURV = $0.20
Hard Cap: $32m
Payments Accepted: ETH (private sale), WAN (public sale)
Restricted from Participating: USA, China, Canada, or “a citizen, resident or a person located or domiciled in any geographic area or country in which your participation in this ICO may be prohibited or restricted by the applicable laws.”
