Thinkcoin is a project of the ThinkMarkets Group. It’s is the crypto utility token that powers the TradeConnect network exchange.
Thinkcoin's project looks really good, but let's analyze what happened at the start of the ICO, which has some suspicious points to consider:
First: Thinkcoin delayed and extended the ICO total of three times when the ICO was nearing its end.
- First time: 30th April end ICO
- Second time: 25th May end ICO
- Third time: 9th July end ICO
Secondly: On May 14th (before the end of Pre-ico a day) the total amount raised is $2m8. After few hours it was over $ 5 million. Make investors happy. But the next day Thinkcoin was announced delaying the ICO and extending the Pri-ICO to 18 June and end of the ICO is 9 July. Maybe Thinkcoin thinks there will not be enough softcap, And maybe $5 million is the virtual number to prolong the fundraising time? I don’t know
Thirdly: “Tradeconnect IPO in 2019”. Will a new company establish in 2018 be able to IPO in 2019?
Fourth, Anyone who has ever heard of the trade.io project knows that the Thinkcoin whitepaper is very similar to Trade io. It can be said that 90% similarity from roadmap, softcap, hardcap, 2019 IPO, whitepaper...
Thinkcoin has prolonged the private, Pre-ico and ICO periods to create an unfair game for investors who have invested previously. While in March and April, the crypto currency market was the darkest. Is it fair to investors decide to invest at that time?
When Thinkcoin finish ICO and list token on the exchanges, or how many more delays?
This question will not be known.
This article just warns you to research and consider carefully before investing in Thinkcoin. The choice is yours.
I have some question marks and will publish in the coming days to ensure you get a different look from within Thinkcoin....
