In modern era right now, we can choose many of investments program that we like depending on our target and wish. Cryptocurrency investment become in the top of choice because the cryptocurrency return investment is very high. We can double our profit or more just in short time. This type investment will be growing in the future with no doubt. The best choice of crypto investment is joining in ico because what we need as investor is buying the asset in low or cheap price, so from joining ico we will get that goal to get cheap price. Potential to get profit while we buy in cheap is very much bigger after listing in exchange.
Talking about profit or return will always involve with risk. We all know there is no investment in the world with zero risk as well as crypto. Even crypto investment has very high risk. What we can do is only doing a good research about the ico project to reduce the risk of investment. After doing good research about project, i found good promising project with really interesting idea. In my opinion, this project can be very successfully in the next future. the project called "Sandblock". How risky is Sandblock? So lets start discuss about this project.
Sandblock is technology based blockchain which is developed as platform to convert loyalty points, coupons and vouchers into cryptocurremcy. Sandblock create a technology to makes loyalty points changing become more easier and safer and also it does not need high fee. With this we can increase satisfaction between customer and company.
For example, when we want to buy something in any market/company/brand and we bought it. Sometime the brand give us a gift. But now everything become so complicated because too many things choose from, too much time to waste and to much data gives for free. Privacy is the most problem we have when we give it to any brand and we can not make sure our data is being used for something else which can impact to data leaking. Now Sandblock is created based on blockchain to solve that problem and our data become very safe and we can increase our privacy. The Sandblock project is supported by Sat token who can be used for loyalty point exchange. Please visit the website, ANN Thread and whitepaper and also watch the video for more information.
When we talk about risk, we can not 100% avoid the risk in this kind of investment since this investment is high risk high return investment type. So what we can do now if we want to join this investment? The most important thing as investor, we need to know the risk level of the project before investing in this cryptocurrency investment. Now i explain my opinion on how i evaluate Sandblock project. We know there are many criteria to value the investment risk, but i choose below criteria as my preference such as :
- Team
- Competition
- Hype
- Token Sale
- promotion
- Partnership & Events
Lets start the explanation one by one.
- Team
Well, for me team is the most important thing beside the idea. without good experience team, it is impossible to make the project success. How about Sandblock's team? Sandblock has 13 experience people of team include the advisors. It is not about the quantity of the team but all about the quality and experience. With 13 experience people in blockchain, i am sure the project will have success in the future. I am also so impressed with the product leader, Fabrice Bascoulergue
Fabrice Bascoulergue. He is product management, fullstack developer, Co-founded Flashgap & Fruitz, Epitech graduate . Worked on 1M+ users mobile applications. Not only the product leader has very excited experience but the others too but i could not explain all of them here. Please visit website for more information.
Competition
Competition means the project should have more advantages than other project in the similar aspect to survive and become first choice among investor. To be honest, Sandblock is not the first project converting loyalty point into cryptocurrency but Sandblock already have more than 5M customers and more than a thousand shop as its partnership. It is just become plus value as project which already have real customers. Please visit the website to check it.Hype
This is the proof that many people are interesting into the project or not. How we check it? In my opinion, check the social media follower will be the best way. On official facebook page, it has more than 8.200 followers and in official twitter page it has more than 12.300 followers. In telegram group where the investors can ask all detail about project so the amount of member is reference for us to know whether the project attract many people or not. It has more than 11,500 members. All their official social media has not less amount and it is a proof that the hype around project is high.Token Sale
Token sale is also important on this section in my opinion. Sat token can be purchased in the website by many of choice like bitcoin, etherium, master and visa card. Sandblock only need $ 8M as hard cap, it means the hard cap is very reasonable amount to develop the project. Unlike the other project that need more than $ 50M for hard cap and it is not reasonable amount. That is like scam project which is likely collect more money from investor for nothing. Beside of that, all unsold token also will be burnt by smart contract. With this, we can make sure the token circulations will be less and lead the token price increase after ico.
- Promotion
I do not want to think promotion is not important because without promotion nobody will know about the project. I will not explain this section too long but i will provide the picture where the project has been promoted. It is great to know that the Sandblock project has been promoted in more than 12 credible sites in cryptocurrrency world. Check the picture below, more info please visit website
- Partnership & Events
Partners network and events also similar with promotion where the project is published to introduce and attract more people. It also can show how active the project to develop their product. Without partnership, the project just look like inactive development and scam. so partnership with credible network such as big existing merchants and also shop is very important to convince potential customers to join in the project.
I checked in website that they have so many great events in many different potential country from November, 2017. check below picture
Finally, again i will say crypto investment is high risk but we need to review the project to know how risk it is. i have explained all the detail above and in my opinion, Sandblock is low risk investment. So do not miss to join in the ico because we need to join the project in early level to get the best price.
So what is your opinion?
Link
0xcBB5abfed2D79D045722670635c2e67F0588C224