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RE: ICO Insights Summary Analysis: Synchrolife Token

in #cryptocurrency7 years ago

@sthitapranjna thank you for taking a moment to read through my summary analysis of the Synchrolife ICO. I appreciate it.

When it comes to the vast majority of ICOs out there now, I generally pass on them. I don't think blockchain solutions make sense for many of the proposed applications "in development". Outside of what I call the blockchain ecosystem protocols (Ethereum, LISK, Stratis and NEO), I don't see many stand alone solutions as viable businesses on a two year horizon.

I think Synchrolife makes sense mostly because of a built in user base both as consumers (32,000 during beta) and businesses (77,000 restaurants during beta) launch. Also, they have a working protocol and a working fiat revenue model, so it's more about gradually transitioning the restaurant industry into crypto on a business model which has proven disruptive (microblog/reviews).

If choosing to jump into this coin, remember the ICO presale begins today.