Blockchain.io
Your Gateway to the Internet of Value
September 26, 2018
Details
Symbol:
BCIO
ICO Open Date:
September 27, 2018
ICO Closing Date:
October 25, 2018
Symbol:
ICO Open Date:
ICO Closing Date:
Website:
BCIO
September 27, 2018
October 25, 2018
https://blockchain.io
Verification
Concept
Cryptocurrency exchanges have plenty of potential for growth if marketing and planning goes according to plan.
Team
The Paymium team has succesfully launched and maintained a previous product so you can be sure they have the applicable experience to launch a new exchange.
Execution
This ICO would benefit from some screenshots of their new exchange. It's known that their ICO has begun with a lawsuit from popular wallet provider blockchain.com
Concept
Blockchain.io aims to be the cryptocurrency exchange of trust for individual and institutional traders and investors. It aims to combine a state-of-the-art low-latency cryptocurrency exchange with advanced decentralized settlement using the latest “trustless” cross-chain trading protocols to settle trades without the need for a trusted third-party or counterparty.
Analysis Flags
1. Facebook likes inflation

Paid likes with low quality accounts were likely purchased to mimic popularity. The post likes ratio is well under 0.1%.

2. Inflated YouTube subscribers

There are thousands of subscribers and barely any views on the Blockchain.io YouTube channel.

Synopsis

Blockchain.io is a cryptocurrency exchange that plans to launch before 2019. Considering the current bear market, this exchange ICO would appear to sit on the safer side when compared to other ICOs. Typically, exchanges use market making algorithms to boost trade volume on their own token, so you can have extra confidence that you will be able to liquidate your tokens at a profit. Many idealize their exchange tokens hoping to find the next Binance token, but this rationalization is highly unlikely.

This ICO is brought forth by team members at Paymium, a small currency exchange with only one BTC/EUR pair that boasts 170,000 users with a daily volume less than $50,000. Don't expect much from this exchange. Paymium appears to have limited growth capabilites so this move to branch out into other cryptocurrencies seems like the most feasible option. If you don't get in on this ICO then it's no big deal. They're already having a tough time dealing with trademark infringement by acquiring their popular domain name blockchain.io.

Screenshots