Axel

Axel is backed by a team of experts, who seem capable to bring this project to its full potential. It has an already working MVP from quite an early stage and an extremely realistic soft cap and hard cap. Having realistic expectations is, for me, a good sign that the team is planning to actually implement this project and develop it over the years, and they are not doing this just for profit like other projects. Their idea is good and the fact that this project is launching from USA in the current crypto context makes me believe it might have a further advantage in the long term.

Data is indeed the new gold and decentralised data storage and distribution is no doubt going to be a bid deal over the coming years. Axel has a really large real with excellent combined experience, also it would be nice to see a few good advisors on their team as well.

I particularly like the term "Data Custody" which is the name they have given owning our own data. This is essentially what it all boils down too. I mean we create the data, with our time and energy, we should own the data as well.

All in all I like the concept, the whitepaper and website are well written and provides all the relevant information.

Their softcap and hardcap goals are very reasonable as well.

A project started from the USA, interesting and not so often.

The AXEL Network, as they call it, comes with an MVP. The idea is not quite original, as I have seen other projects having a similar idea, however, their team is different, therefore, so is their approach. Speaking of the team, they look well prepared to deliver a good working product to the market in the near future. And they have the numbers, too.

AXEL Network is planning to do a different kind of Masternode and I am rather curious how are they planning to succeed on such a competitive market. However, after seeing they have not started their ICO yet and they have managed to provide us with a working MVP is rather impressive. Their team has the numbers and is looking prepared for the task they have taken and their Soft Cap is extremely realistic. From what I've seen, this project disarms many of my worries that I usually look for.

Dear ICOBench community,


Please note that before reviewing this project & ICO/IEO, I conducted my own DD : team background, competitors, project history, various analysis and KPIs, growth potential and a lot more factors.


Here are the results of this analysis :

- Team : A serious team with a lot of devs, which is really reassuring for a project involving masternodes. The team members are linked to the project on social media.

This is definitely worth a 5/5 for the team.

- Vision : Mixing data and blockchain is definitely a revolutionary vision. Blockchain can help secure and store data, which the current network can't do.

For these reasons, I give a 4/5 for the vision.

- Product : The softcap is low, the community is big and the whitepaper clear and well written. This is exactly what we expect from an ICO. Let's hope they will stick to the roadmap.

Therefore, I give a 4/5 for the product.


I invite investors to conduct their own DD before investing time / money on any project.