What's your Opinion about Airgeadcoin

[Justindud]

 Main ANN Thread: https://bitcointalk.org/index.php?topic=4825359.0


Recently I read the WP of this (Airgeadcoin) Really an interesting project. Can anyone have an idea about this project?

[johnsteve]

In my point of view these ICO is having greatest potential which may hit the future market soon...

[eternalgloom]

Why do they need an ICO for that? Doesn't seem that interesting to me, all I see is that they have a proof of concept, without any sort of working product.
Any investment into this would be considered extremely risky.

They are going to develop a system where you can send them your precious metals and they'll store them for free.
Yeah, I wouldn't want to trust a random company with any sort of valuable items, they have absolutely no experience with this.

In exchange, you'll basically get IOU's and you can then trade those?

No thanks...

[XinXan]

Why do they need an ICO for that? Doesn't seem that interesting to me, all I see is that they have a proof of concept, without any sort of working product.
Any investment into this would be considered extremely risky.

They are going to develop a system where you can send them your precious metals and they'll store them for free.
Yeah, I wouldn't want to trust a random company with any sort of valuable items, they have absolutely no experience with this.

In exchange, you'll basically get IOU's and you can then trade those?

No thanks...

It seems to me that most ICO's do not actually need an ICO or a token/coin at all. Most of them are clearly just trying to raise money, no necessarily to scam but still. I feel like for the most part is not worth it to invest in any ICO right now unless it's really, really strong and there aren't many of those.

[jr.coastapps]

Looks like a promising ICO. The concept is outstanding. What are your competitors in the current crypto market?

[cerberus5424]

I did not even look at the project, because I can say with confidence that investing in ICO at the moment is extremely risky and in any case you will suffer losses, even if the project is good and everything will be fine, then its tokens will go to the exchange still several times cheaper.

[Hablinfuld]

This ICO looks promising by the article and it has very clear and useful purpose. It is really creative and such type of project is new in this market. But investors need to be very much aware of this project when investing as it is a new project.

[kryptqnick]

So this project is basically trying to turn back times to the good old days when the money was backed up by gold and could actually be exchanged for it in a bank? The idea is rather interesting, but there were reasons why it didn't work out before. For instance, there was simply not enough gold to back up all the money in the world. I know other metals are also taken into consideration here, but eventually people will run out of them as well. Another issue is that such a place where all that gold and platinum is stored will be a constant target for robberies. How can we know that this crypto team is able to set the right amount of guards and safety systems, and what will their profit even be if they claim not to take fees from their customers, but will definitely need to spend lots of money on renting a building and making it secure?
How can potential customers be sure that their jewelry is safe in a place owned not even by some world recognized bank?