vestarin ico review
Company: Vestarin
Industry: Online Marketplace
Website: https://www.vestarin.io/
Whitepaper https://www.vestarin.io/en/whitepaper
Headquarters: Belize
Token: VST
Platform: Ethereum
ICO Timeframe: 03/05/18 – 04/04/18 (ICO)
Token Supply: 70,400,000 VST (82% Crowdsale)
 Score:  63/100

 

In many ways, the crypto world is still in its infancy. For the most part, there is still no easy way to make everyday purchases using crypto currency; for example, ordering a game console or TV, eating at a restaurant or paying for a maid service. Vestarin aims to bridge the gap by enabling its users to spend crypto currency without bringing it to fiat money.  Vestarin is a platform based on a mobile application that will allow users to make daily purchases, paying with crypto currency.  Owners of shops, services, exchange points will be able to integrate their businesses into the Vestarin platform, while users make purchases and pay for services with their VST tokens.  ICO representatives will also be able to integrate their projects into the platform, while users will estimate and discuss them in public to establish and build reputation, which increases the comfort of investors with the reliability of the project.  Vestarin intends to offer its users the set of latest technologies and hot news of cryptocurrency from dozens of sources for a worldwide audience.  In addition, blockchain-technology professionals will have a joint platform for coworking.

 

PROS:  Management team has passed KYC report, ICO has already gained significant traction and buzz (oversubscribed Presale, 10% of hardcap at time of report), addresses the natural next evolution in cryptocurrency which includes usability and exchange for a wider range of goods and services without having to convert into fiat, impressive advisory board with startup and capital markets experience, in-house blockchain and iOS developers.

 

CONS:  Bonus for early rounds of investing up to 56% may lead to “pump and dump” trading once coins have been listed on exchanges, headquartered in Belize, however, most of management team and advisors are from the Russian Federation.

 

SCORE:  63/100