One ICO a day : Sharpay

in #cryptocurrency7 years ago (edited)

I decided to try to analyze one ICO a day. I begin with SharPay.

Screenshot from 2018-01-25 22-35-39.png

"ICO" means Initial Coin Offering, those are small/medium societies of people around the world that try to integrate the concept of blockchain with some existent or new technology.

And to pay that, they sell virtual tokens that will have value in the crypto market.
The value will increase if the project will be good, and will decrease if the project will be bad...

Those texts will be a reminder for me, in future, to understand why I lost some moneys investing in those stuff :)

SharPay is one of the most highrated ICOs of the moment

Screenshot from 2018-01-25 21-30-27.png

They propose new buttons for websites, like the ones we use to share contents on social networks,
new buttons that provide a reward to the users that use it, and (in phase 2) also to the website that host it.

More, the system will notify you about new contents that could be interesting for you, increasing the visits to the website.

Competitors are addthis.com.. sharethis.com, addToAny.com
But sharpay brings some innovations, the multisharing allow the sharing of the content in different social networks.

Screenshot from 2018-01-25 22-01-02.png

They are now in presale stage, it means they give you 50% bonus.

The potential for the project to me it's good. Looks a good project, easy to understand.

Bonuses are really exaxgerated, 50, 40, 30....

Emission will be 4 billion of tokens, but maximum 2 billions circulating.
With the token price at 0.00003eth, 0.03usd,
it means an initial market cap of 60 000 000 usd, if all tokens are sold,
that put the ico in a medium position in beginning crypto ico, that means that this ICO will never do x100.

Team looks good, and advisors looks good too.
Just There is a desert beach on the facebook page of the CEO, that's not so promising.