Sugar Exchange (SGR)
SUGAR EXCHANGE
Website: http://sugarexchange.io/
Twitter: https://twitter.com/Sugar_Exchange
Telegram : https://t.me/joinchat/GCd1KBFberV538lleS0kZQ
In my first Medium post I want to tell you about Sugar Exchange. It’s a new project, announced on bitcointalk 10th November.
Sugar Exchange - NO ICO / REGISTER FOR AIRDROP
Sugar Exchange - NO ICO / REGISTER FOR AIRDROPbitcointalk.org
SUGAR EXCHANGE is a trading platform. This project is really adding value to the crypto ecosystem. So the main idea is very good.
There are 3 main points:
• SGR is simple. If you tried EtherDelta, you know how important it is);
• Secure. I personally don’t keep my crypto (which I don’t actively trade) on exchanges, they are not safe);
• Anonymous. Being anonymous is very important.
Second green flag — no ICO.
SGR is already listed on CMC and trading on coinexchange. Another green flag.
Total supply: 80,000,000 SGR
Circulating supply: 3,500,000 SGR
25,000,000 Development (31%)
20,000,000 Team (25%)
20,000,000 Founders(25%)
6,750,000 Airdrops (2) (13%)
8,250,000 Marketing & Exchanges (6%)
Some OGs like it. https://gyazo.com/5a1332e5ead4e026feab4a0178b7314a
I trust growdigi, he knows his business.
Community behind the project is one of the very important thing in my opinion. There are more than 7500 people in the telegram channel, people are active on bitcointalk, more than 11000 followers on twitter.
Let’s take a look at the roadmap (http://sugarexchange.io/)
I like they way tokens were distributed, rewarding holders and cutting off all dumpers.
Heuristic #42: scam projects don’t reward their hodlers. (;
Bonus is really good.
Whitepaper release in Feb 2018.
The official descriptions is: “ A new type of cryptocurrency trading platform utilizing proven methods, as well as implementing advanced technology to ensure a superior user experience.”
We will see more details soon. I’m not a hardcore tech guys, but I’m looking forward for it.
Now we’re at the very beginning. SGR already started to promote the project, to expand the team and to start development.
https://bitcointalk.org/index.php?topic=2478818.msg25371637#msg25371637
If someone missed an airdrop, there is a change to get in with a new bounty promo.
And of course there is another way to get involved on the early stage — to buy the tokens on EtherDelta or coinexchange. The price is dumped (probably BTC moving up is the main reason) at this moment and it’s around 400 sats only. (DYOR, it’s not an advise)
The only thing is that there is no info (or maybe I just didn’t find any) about the team behind the project. But as I said there is no ICO. KNC f.e. has open info bout people behind that but they haven’t airdropped a lot of their tokens and they have a lot of money from ICO.
Also top wallet holding 93% of all tokens. But as I said. no ICO.
Here is another thing. There are a lot of scammy tokens out there and a lot of them have kinda low total supply, 2.5m - 21m. So this supply for SGR is another green flag imho.
So in general I like the project, I’m holding my tokens and keeping SGR on my radar.
This is it. Btw this is my first review of a crypto project, I haven’t shill any ICO before or whatever. First post and also my first article in English :)
As usual: DYOR.
Follow me on twitter: https://twitter.com/KamilUsmanov
I post about airdrops and low/micro cap coins.
Good luck.