Bitwin 2.0 (PreICO)

1. https://token.bitwin.com is beautifully designed and presented with many partners onboard.

2. https://bitwin-demo.com is not working.

3. https://t.me/joinchat/DjnZixBK15Be8fzABNZhcw has 1,715 members on Telegram

4. https://www.facebook.com/bwtoken has 216 fans on Facebook

5. There is only a single Advisor in the team.

Somehow, there is a disconnect between what is presented versus what is engaged by fans.

Most willing to revise this rating if team responds.

All the best!

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Andrzej Kicza
ICO team member replied on 24 Jan 2019
Hey, thanks for revising us, however allow me to add few points that may change your viewpoint about Bitwin 2.0:

1. Thank you for kind words in this point, it’s an effect of hard work and effort of tens of people behind the project.

2. https://bitwin-demo.com for the last 6 months of testing had 3 days of maintenance period, in which you clearly visited the site and formed an opinion on. It was clearly stated on the webpage, please realize that hosting and releasing platform with 1000 games is very resourceful and time-consuming process and maintenance periods are normal, nevertheless you can try the demo now. Please let me know what you think about it and how it looks compared to the competition.

3. and 4. We are at the beginning of the process of engaging community, because the project exists not for that long. We have much better statistics due to the bounty program and other marketing activities, which are finally paying off. We do have very high engagement rate, much higher than many of the projects with ten thousands of fans and followers. Additionally, Bitwin does not want to use unethical tactics, that countless other ICO’s are infamous for, which I hope you will take into consideration in reassessment of our project. There are hundreds of black hat marketing options ICOs use to artificially grow their communities, there are even more scams that inflated their user bases just to steal as much money from the market as they could. We want to separate from them as much as possible, I think we should not be punished for that.

And please, correct me if I’m wrong but the size of the community in the first or second month of activity is not the indicator of future success of the project, neither it is directly proportional with its intrinsic value. I do think that our relatively small, for now, but strong community, its opinion, engagement and support for the project is what is the most important.

5. We would like to point out that the amount of advisors to the team should be not considered as ICO future success factor, nor that it really strengthens its value. Just one advisor has more respect, recognition in the iGaming industry and knowledge that an equivalent to ten other advisors in different projects. Bitwin really emphasizes quality over quantity. The company actually incorporated professional blockchain consulting company Anchor Blockchain Consulting that has responsibility to deliver fully working blockchain implementation, therefore there is no need to hire “blockchain advisors” as other projects do. Also, the scope of the project (consumer startup) does not require that. As an avid ICO scene observer I know that there is plentiful of other projects who just make deals with advisors over the phone or LinkedIn and they are not bringing any additional value to the startups apart from PR/image. Please, don’t place Bitwin in the same bag and treat us on the basis of having a “single Advisor to the team”. At last, we are in the process of getting very respectable advisors from iGaming industry, which we think may be beneficial to the project and who will actively take part in the development of the platform.

May I now have question to your rating?
Namely, I understand your reasoning behind team score and product (which is probably connected with low number of community), but could you explain why you gave us medium rating for the value, I don’t see any explanation in your arguments? Did you compare us somehow with the closest competition? Please elaborate why we got score 3 for that.
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Dear Andrzej

Thank you for your response.

1. https://bitwin-demo.com/live-casino/game/70700/fun?undefined I tried to enter the live lobby, it failed to load. Perhaps this is just the demo version? The platform looks awesome!

2. ICO starts in 24 days. You need active community engagement to gain significant traction.

3. Advisors are key to cover all aspects of a successful project. If you believe a single advisor is sufficient, that's your call. It's up to the community to assess.

Wishing the team all the best!

This looks like a very decent ICO. A good strong team in place, a great vision, and a good use of blockchain in an industry that is growing quickly. I look forward to seeing this develop

Very responsive team.
Industry sector is a mega trend and extremely growing.
Bitwin USP:
one-of-a-kind user experience
high R-T-P rate
fairness
transparent

There are several factors that might determine the project's success. The team did a great job with the demo and token sale webpage. Bitwin sealed lots of partnerships with respected games providers and payment processing companies. And finally the justification of blockchain use in this project is explained very well.

BWT Token is designed to meet the most sophisticated demands of iGaming vertical and eliminate most pain points bothering existing online gambling market. The update will ensure smart contracts supporting trust, transparency and security, together with high RTP (Return-To-Player) rate. - It can work andI`m looking to hearing about them after ICO.
A strong vision, product and team is essential! Good luck!