Tip blockchain is bringing cryptocurrency to the mainstream by making transactions on the blockchain easier than ever! Now people can send money to others just by searching through the usernames instead of those long addresses. I think this is brilliant because I have faced this problem multiple times before while making some important transactions and thus this project has a huge real life application. By making the use of cryptocurrency this user friendly we are sure to see more and more industry giants and the common people get into it eventually!
If you haven't guessed it already, Tip will run on its own blockchain which again has its huge benefit as the Ethereum or any other blockchain as such has its fair share of users making it harder and longer to make transactions every day. The project has a rating of 4.6 on ICOBench, 5/5 on Trackico and 9.1/10 on Foundico!
Team
The team consists of 8 members and looks promising, they have 10 advisors of which 3 have a high success score on ICOBench namely, Matthew Burgoyne, Miikka Saloseutu, Jared Polites. This is again a plus point and having experienced members and professional advisors is really helpful. The CEO John Warmann has over 10 years of experience in the field. The twitter handle of the CEO was created in 2010 and is active as well, so we can say it wasn't just created for the sake of the project, a very good sign, might not look like it but you have to pay close attention to such things.
Token
The token sale starts on July 13th with a 50% bonus that and goes on till 20th of July. The max amount of tokens that will be sold during this period is 150mil and that is the only thing that I don't like as they are selling most of the tokens on a 50% bonus, of course it is only for a short time though, then there are 30%, 20% and 10% bonus, the final main no bonus ICO starts on August 10- August 17.
Total supply of TIP is 1,000,000,000 out of which 600,000,000 are sold in the sale. The only thing i didn't like it they are using up a hefty 15% for the team and advisors, not a big issue as long as the tokens aren't dumped though. If you look at it investment wise, TIP will need around a a 30mil market cap if around 700,000,000 of the tokens are in circulating supply(numbers are exactly this is just my estimation) which is quite achievable and in fact I can see TIP gaining more than a hundred mil market cap as it is intended for the main stream more than anything.
Tip has more than 40k Telegram members, 5k+ twitter followers, so the project is indeed going in the right direction to being mainstream. About the exchanges, The CEO of Tip has already tweeted that TIP will be trade able on Bancor after the token sale!
Whitepaper
The Tip Blockchain whitepaper is neat and detailed, although it could have been a few more pages longer it is still a good read. It addresses the issues with cryptocurrencies and how Tip can solve them. The sentence formation is nicely done keeping the common user friendly environment in place, this means even when it gets a bit technical at times, you don't feel all lost.
[Link to whitepaper given at the bottom of this article.]
Partnerships
Tip has partnered with various other projects, some of which that I know such as Dank Signals who have a huge following and is already trading on some massive exchanges, Tokendrops is awesome as well, IAGON is a great start as it has also partnered with Bitnautics and Neureal which are both immensely successful.
Website
This is probably one of the best ICO website I’ve seen, its so neat and beautiful you cant take your eyes off it! When you scroll down to the second section, who are we, a decent description and an awesome video is presented, the 1 minute video is professionally made and explains Tip at its core in a very short time period.
Other features
You can use the network for messaging as well as sending tokens right within the conversation. This could be fun as well as real helpful. As the network is backed by blockchain you have no reason to worry about getting hacked as its completely secured.
The transactions will contain helpful data that can be used for several purposes. This isn't anything new but if its any different from the metadata we currently get with a Ethereum or any other token transfer, its something!
They will also have a light version for mobile users and a desktop wallet used to send and receive TIP.
Final thoughts
I want to start this section by saying I highly recommend checking Tip Blockchain out, this is one interesting idea that solves a issue we all have faced at some point in our life, the main development begins from 2019 with the test net launch in April and Main net launching in February 2020. Tip has a great team and lots of advisors, beautifully presented website and whitepaper. Great ratings on various ICO listing websites. Everything needed for a successful project! I would give Tip Blockchain a rating of 7/10.
Links:
Telegram: https://t.me/TipBlockchain
LinkedIn: https://www.linkedin.com/company/tip-blockchain-network
Twitter: https://twitter.com/TipBlockchain
Medium: https://medium.com/tipblockchain
Facebook: https://www.facebook.com/TipNetworkio
Instagram: https://www.instagram.com/tipblockchain/
Reddit: https://www.reddit.com/r/TipBlockchain
Website: https://tipblockchain.io/
Whitepaper: https://tipblockchain.io/docs/Tip%20Blockchain%20-%20Community%20Whitepaper.pdf
Author name: Shantanu Ghare
My BitcoinTalk Username: joiker
My BitcoinTalk URL: https://bitcointalk.org/index.php?action=profile;u=1670619