Hey Steemians!!!
Hope you all had a great morning! I wanted to start this day off with a special 1:00pm ICO review!! Today’s one is special because it was actually suggested to us by one of our readers and I think it was a great suggestion!
I hope you all enjoy reading, and don’t forget to answer the question of the day if you want a chance for an upvote and a follow!!!
About Enjin Coin
Enjin coin is a smart crypto currency platform for gaming that enables participants to create communities and websites for the purpose of gaming.
Enjin is introducing a gaming cryptocurrency that will give content creators, publishers and developers an easy solution to monetize their gameplay and communities. The gaming currency will be used to add real value to virtual goods.
The Enjin coin token will be implemented into the already existing Enjin CMS and will be available to millions of users worldwide.
To ensure that people are able to use the Enjin coin a powerful development kits(SDKs), payment platform and wallets will be built around the digital coin.
Learn more about this ICO here:
The Team
I did a background check on the LinkedIn profiles of the team and I’m impressed with the depth of experience and knowledge. They have proven capabilities in software engineering, marketing and blockchain technology.
The CEO and co-founder Maxim Blagov is a computer science engineer with over 15+ years’ experience in creative direction and software project management. Here is an assuring quote from his Linkedin profile:
“Enjin Coin has arrived. https://enjincoin.io/ Visionary and creative director with 15 years of expertise in creative direction, software project management, and software design. Expert in concept & strategy development for large interactive applications, specializing in the video gaming industry.”
The financials
If you intend to invest in this ICO, I made a list of some of the important financial details of this project that should interest you. The pre-ico sold out with $12 million invested funds. This should give you an idea of how promising investors think this ICO is.
The ICO ran from 3rd Oct 2017 and ended 31st Oct 2017 with over $23 Million value of tokens sold. Price in ICO was 0.03 USD and as of writing the tokens are trading at 1 Enj = 011 USD representing an average ROI of 266.67%
To encourage investments the first 4hrs of the ICO launch saw a 15% bonus while the next 4 hrs. saw a 10% bonus.
To achieve the team’s goals a soft cap of 60,000 ETH and a hard cap of 100,000 ETH was in place. The ICO launch was a success because they were able to raise 75,041 ETH.
The number of tokens available for sale in the ICO represented 80% distribution among the public. This is good.
The Roadmap
As you can see, those who invested in Enjin coin then would be glad they made the right decision because as of today the ROI stands at 266%. Going forward, I still think the tokens will rise in the nearest future so if you can get your hands on any token please do so now.
Shout out to @ade-greenwise for suggesting this article, make sure you follow him too! I hope you enjoyed reading it!
Also @gabox, I think you might find it interesting:)
The question of the day:
What is your favourite gaming ICO?
I will pick a random answer and I will give a free upvote and a follow!
Disclaimer
This ICO information is just for the interest of Crypto Lovers and should not be considered as investment advice. If you want to take this opportunity, then invest only what you can afford.
Chimeara
Chimeara is definitely a really interesting project!!! Would you like me to do a review on it?
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I'm thinking my friend's going to love this. I'll need to tell him.
WAX
I also like WAX! I might do a review on it soon! Stay tuned!!!
There are a lot of similar projects, but there are very few new ones. In my opinion, Tokengo is an excellent project, which first connected many functions under its platform.
Thanks for your comment @tramvay! Tokengo ICO sound interesting, I will make a ICO Review about it!!
I am following you now, looking forward to your future updates!