HomeArticles by: Hosam Mazawi, CSO at Cointelligence
Hosam Mazawi, CSO at Cointelligence
Hosam is the CSO of Cointelligence. He is an expert strategist in the cryptocurrency field. Since 2017, his expertise in the crypto community has made him a respected thought leader and a sought-after speaker at global crypto events. He has served as an advisor on numerous cryptocurrency and blockchain projects. He is also the co-founder of a successful bespoke programming house. He is passionate about start-ups and full of advice for anyone looking to form a business.
Generally, a pre-sale serves as an opportunity to get discounted tokens. However, in this case, Wirex has chosen to charge their existing users DOUBLE what the token will sell for on OKEx.
An IEO is a fundraising event administered on a cryptocurrency exchange platform. The exchange acts as a counterparty between the investor and the parties hoping to raise funds, the founders mint new tokens and sends them to the exchange for funding. They include terms of trade like capping individual contributions and having a fixed price per token.
An accurate and impartial exchange rating system is long overdue. We were surprised when we looked around the crypto industry and saw that there wasn’t a professional and dedicated system designed to protect people from bad exchanges. When we saw this lack, we decided to draw on our experience rating ICOs/STOs and develop a similar system for exchanges.
You know that Cointelligence rates ICOs, but what does that really mean? We've compiled a report on the statistics behind our ICO ratings. What metrics do we use, and how do ICOs meet or fail them? Our hope is that this information can help ICOs and potential investors have a better experience.
Part of the problem with crypto is that it is unrelated to anything ‘in the real world.’ Tokenized offerings are a brilliant way of raising funds, and – if successful – their tokens can then be used by investors within the ecosystem of the ICO. Outside of that they can be traded on the exchanges for other coins, but the whole market is still prone to alarming shifts in value.
Salangin: PayFair's primary asset - after the platform itself - is the community. The feedback the community has given us has impacted how the platform operates and looks; their input will always be in our mind.
With airdrops, it seems like everyone is a winner; the owners of the ICO project will generate demand for their coin/token, and individuals who receive the airdropped tokens will get coins/tokens for free, which may turn out to be worth a fortune, when they get listed on exchanges.
But, is there any downside to airdrops?
We have noticed something unusual with Ubex Token Sale recently and as part of our vision in Cointelligence to open the blockchain and crypto industry to the masses and lead an open, transparent, and fair trade, we felt the need to share this with the community.
A lot of people have excitedly asked for their invitation to Q. But others think that this is just another get-rich-quick scheme with no substance. We liked Udi Wertheimer’s response so much that we got his permission to repost it here.
Many ICOs are focused on launching private sales rather than public sales. There are many reasons behind this choice. Running a marketing campaign for an ICO can be costly, with some ICOs easily spending $500,000 or more.