Covesting ICO Review

Hello steemians,

Today I am bringing you an amazing ICO, it is called Covesting and it wants to create a copy-trading platform so that average people can copy profesional traders for profits. I will be covering the basic things about the ICO such as the price per token, supply, potential...

Price:
Right now the exchange is 1 ETH=640 COV
Supply:
20 million but 50% of the platform earnings will be used to buyback and burn 50% of the tokens meaning that in one or two years the total supply will be of 10 million.
Team:
They have a good team of 18 people.
Business model:
Model Traders are rewarded with 18% success fees from all profits generated by their followers, the platform commission is 10%, while investors receive the remaining 72% of income, which is available for immediate withdrawal or reinvesting. Platform commissions of 10% will later be used for systematic buyback and burn programs.
How will it work:

Join. Register at COVESTING by filling a simple form and use COV, BTC or ETH to fund your account.
Find top traders. Compare the performance of hundreds of successful Model Traders and find the one or many matching your goals.
Follow. Once you found the strategy or strategies you wish to follow, simply click “Follow”. You will be asked to specify the percentage of the funds you want to allocate to the Model. The amounts for the replicated trades will be calculated proportionally.
Monitor and control. You can now sit back and watch professional traders do the job for you. All trades from now on will be replicated automatically. Most importantly – you are in control. You can manage your portfolio by following new strategies or stop copying a trader at any time.
Useful links:
Website: https://covesting.io/?ref=5d616dd38211ebb5d6ec52986674b6e4
Bitcointalk: https://bitcointalk.org/index.php?topic=2216847.0
Whitepaper: https://covesting.io/Covesting_White_Paper.pdf
Team: https://covesting.io/team.html
Blog: https://medium.com/@Covesting
Roadmap: https://covesting.io/roadmap.html

My opinion:
I have invested in this ICO because I think that when the platform is fully functional the price of COV could easily reach over 10$ meaning a 10 times increase.