Kryll.io ICO Review

in #kryll7 years ago (edited)

Kryll.io

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Overview:

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What Is It?

Kryll.io, from here on out referred to as KRL, is a crypto trading, strategy building, automated, platform. You can build strategies by dragging and dropping the icons, putting your crypto trading on auto-pilot.

How Did I Hear About This?

I decided to add this category because it's always good to know how people hear about projects. I find all the ICOs I invest in on Coinschedule.

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CoinSchedule

Community

They have a steady community of around 3000 people on all platforms they are on, which is pretty good. Not the largest following but not bad.

Telegram
Twitter
Facebook
Reddit

Team

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In my opinion this team has all the qualifications to build this platform, and be very successful. The professionalism the team has already shown with the website design and the platform pictures they have released is very good. If they continue the course and put in the work for this platform it will succeed!

Website

As with almost all new ICOs this one has also chosen only to register their domain name for a year. The reason I don't like this is because, out of everything cost wise, hosting your website with a 4 year plan is probably the smallest cost. ICOs which have registered their domains for years know whats up. Other than that their website is beautifully designed and whoever did design it, props to them.

Token Usability

This one should be a big one for anyone since without demand there is no reason to supply. KRL plans to make it so, whenever you make a trading strategy go live, you have to "grease the wheels" with some KRL tokens. What this means is, for every user of the platform, they are going to need tokens to use the trading strategies. You wont need tokens to build strategies or backtest them so don't worry about that! The only thing hindering the price rocket on this one is user base. When the users come in masses, implementing their strategies, the price will skyrocket.

Summary

In my opinion, I will be participating in this one for the long term. The team has all the right qualifications to build the platform, the token has 100% usability, the platform has a great use-case and will most likely appeal to some newer and more experienced traders in crypto. The design is wonderful and they have been great getting back to me with all the answers to my questions in telegram. If you didn't know I prepare a list of question for all the ICOs and ask the admins in telegram, this helps me gain an understanding of the ideals and motives behind the projects. Thanks for reading!
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* REMINDER! Anything stated in this review should not be considered Financial Advise. This is my personal opinion. *