Today is the day folks!!
Redpulse The first coin on the NEO platform is having their Initial Coin Offering tonight! After an initial delay due to China putting a ban on ICO's and then closing down many exchanges, the Redpulse team wanted to make sure they had all the Legality issues worked out, so they pushed back their ICO a few weeks but the time has come.
What is Red Pulse?
China is an unbelievably massive market. As the worlds second largest market in the world China has many emerging investment opportunities. However, sifting through all the available information, finding reliable sources and doing enough research to find real opportunities thus far is very difficult. What Redpulse aims to do is bridge this gap. A platform that will help users find investment information that is right for them. To quote them:
Red Pulse solves these issues by creating a groundbreaking research content platform that simplifies incentives and directly compensates research producers for their valuable insights, while ensuring research consumers can access the research that is most relevant to them. Our RPX token is the underlying currency used to facilitate this ecosystem, and provides token holders with direct participation in the rise of China.
Red Pulse already has a working platform that has been in use since 2015 and is used by many financial institutions as well as Fortune 500 companies. The token sale, which aims to raise $15,000,000 USD which will help scale the project and add many new features.
How to get involved
Unfortunately if this is the first you are hearing of the Red Pulse ICO, then it is too late to participate as they required all users to fill out a KYC (Know Your Customer) form first. This is because China, Singapore and America are all banned from participating in the ICO do to regulations. That being said, once the Red Pulse token sale is finished it will likely hit the exchanges shortly after, where you will have an opportunity to pic some up for cheap.
2017 has seen a plethora of ICO's and many have doubled, tripled, 10x in the first few months, so if the past is any indicator of what will happen in the future, Red Pulse looks like a solid investment.
If you want to find out more information about the specifics of Red Pulse, check out their website here or you can read their whitepaper here
There are also a few good videos that I have watched online if you are more of a visual person. I have linked a video below, give it a watch. It gives a good breakdown of exactly what Red Pulse is. Ignore the dates though because the ICO was pushed back from the original dates.
As always, it's a good idea to do your own research when it comes to investing.
Image from Google and video via Youtube