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Ratings Bither

Layer, MultiMining, Optimizing Energy Consumption

Bither Platform is a three-layer network that is capable of running smart contracts and different projects on all three layers. In this network, miners are allowed to mine on any layer and any project that they prefer without any obligation on staying on one network. In addition, Bither platform has a solution for the energy consumption on PoW mechanism in which miners' excess computing power is going to be used on valuable computations such as scientific researches and universities in need of computing power. Masternodes control this process and help to keep the network secure while running smoothly.

4.3
4 3 expert ratings
Benchy 4.9
KYC
Experts
4.0
3.8
3.4
Review: coming soon PRO
Ended
2019-03-23 - 2019-04-05
11 days 22 hours left
2019-04-20 - 2019-06-28
Token
BTR
Type
Price
1 BTR = 0.01 ETH
Bounty
MVP/Prototype
Platform
Accepting
ETH
Minimum investment
0.1 ETH
Soft cap
60,000 ETH
Hard cap
300,000 ETH
Country
Whitelist/KYC
KYC
Restricted areas
USA, Canada, Bosnia and Herzegovina, Colombia, Syrian, Iraq, Democratic People’s Republic of Korea, Yemen, Iran, Nigeria, Afghanistan, Anguilla, Uganda, Tajikistan, Antigua and Barbuda, Commonwealth of Dominica, Republic of Vanuatu, Cayman Islands, Lao People’s Democratic Republic, Saint Vincent and the Grenadines, Saint Kitts and Nevis, Republic of Seychelles, Turks and Caicos Islands
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Changelly

Ratings

All ratings published on ICObench serve informational purposes only. ICObench does not provide investment forecast, recommendations or any consulting for that matter. Thus, neither ICObench, nor the experts can be hold responsible for the visitors’ investment decisions. Read more
Igor Karavaev
ICO and STO and IEO advisor
Rated on Apr 26, 2019
4
3
4
21%

Good idea in general and the team is not bad! But I see a lot of faults in their approach to fundraising (think business development). For example the huge difference between soft and hard caps and abnormal targeted volume of hardcap itself which looks very strange and even compromise the project

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Krishnendu Chatterjee Ph.D.
Blockchain | Tokenization Strategist| Whitepaper|Tokenomics | BD| Fundraising
Rated on May 15, 2019
4
4
3
18%

→ Blockchain Advantage - ✅❤️
→ White Paper - ✅
→ Team Composition - ✅
→ Token Economics - ✅
→ Business Model - ✅
→ Social Media Presence - ✅
→ Collaborations & partnerships - ⛔️
→ Fund Allocation - ✅
→ Legal Loopholes - ⛔️
→ MVP/ DApp/ Working Product  - ✅

Advantage - Bither can solve the problems of scalability and generating additional revenue from computational power by selling it to academic purposes. A capable team with a running MVP already makes it a successful project.

Disadvantage - Lack of partnerships (maybe need to mention them if already present) and legal issues are the biggest challenges. For example - Academic institutes or researchers would like to pay in fiat rather than tokens and also inspite of all the advantages it lacks a bit focus on future DApp acquisition strategy.

You can find my ratings methodology here- https://medium.com/@krishnenduchatterjee/ico-evaluation-investing-a-vc-perspective-for-investment-over-greedy-short-term-returns-433f6f9e13d8

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Iulian Anghelin
ICO - STO - DAICO Advisor, Investor Relations, Public Speaker
Rated on Feb 26, 2019
4
5
3
13%

Project with a very interesting concept and with a high probability of success.

The team is wide and well distributed, even if I could not find the Blockchain developer, but despite this excellent activity on github, with excellent material distributed, updates and work. Not having even started the pre-ICO is a great job and this is the right way to use.

Social and communication channels very well-kept with daily updates and a fairly active community. Excellent website and whitepaper, pleasant to explore and with great details. Token distribution is also good, but I could not locate a "reserve fund" in any of the 3 tokens offered for distribution.

All in all, excellent vision, good team and a product that will surely say its word on the market if you work with criteria, dedication and spirit of innovation. I give 3 to the product because there is still no MVP and the project is still a concept (even if well set up), but taking in consideration the young age of the project, we give it time to evolve and improve step by step. I will be happy to try the MVP when it is available and increase the score.

Good luck with Crowdfunding

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Benchy
ICO analyzer bot
4.9
48%

Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer's results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.

Ratings and ICO analyzer results are being updated (re-calculated) every few hours.

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ICO KYC Report
3 members invited
Reza Abbasgholiha
Passed
Daniel Driessen
Passed
Ali Ghasemirad
Passed
KYC procedure verifies selected/specific team members only. It does not guarantee ICO success nor is a call for investment.
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