Rated on Jan 20, 2019
The project looks weird to me. The WP is more like an advertising booklet: no competitive analysis or business planning. Huge numbers of the soft and hard caps which can’t relate to real market situation and so on. The team is good but not as good I believe - no big global influencers in financial markets. The MVP link is closed with password.
Rated on Feb 6, 2019
Modified on Feb 6, 2019
Three major improvement points:
- CEO linkedin unavailable. The team infomation is very important and must be very transparent.
- Lack of STO certification or license information at website or whitepaper.
- 25M softcap is too large for an initiative.
Rated on Feb 25, 2019
I think that the balance of soft cap and hard cap of this project is wrong.
They are doing very nasty things.
If they refine more finely, I think that there is a possibility that we can succeed.
Rated on Jan 28, 2019
→ Blockchain Advantage - ⛔️
→ White Paper - ✅
→ Team Composition - ✅
→ Token Economics - ⛔️
→ Business Model - ✅
→ Social Media Presence - ✅
→ Collaborations & partnerships - ⛔️
→ Fund Allocation - ⛔️
→ Legal Loopholes - ⛔️
→ MVP/ DApp/ Working Product - ⛔️
Advantage - Well established team and an STO model of fundraising. No soft cap as per say but a huge hard cap (Totally disconnected from the present market reality).
Disadvantage - The tokenomics is unclear including funds deployment. The ROI of 0.16% daily for Platinum package (Annual - 58.4%) and 0.1% for Gold Package (Annual - 36.5%) is quite high. For example Warren Buffett earned 20% returns on his investments annually and even VCs earn somewhere between 30-40% of their investments. No competitive analysis to support this stats. Also, lacking a bit in whitepaper especially in explaining the legal side. Link to MVP can't be accessed. Clarifications?
Rated on Feb 6, 2019
Modified on Feb 24, 2019
First reviewed on 6 Feb 2019
C1. Serious allegations that this is a STO exit scam have surfaced.
SCO review: https://shitcoinoffering.com/african-kids-aks-663-million-bucks-scam-sto-bolton-coin
C2. I would like to invite the team members to respond to the allegations by 15 Feb 2019.
C3. I may proceed with the 2nd part of my due diligence for this STO after receiving a satisfactory reply to the allegations.
Updated review on 11 Feb 2018
C4. The CEO of this project made an inadequate response to the SCO review and is posted in "Appendix A" of this google document: https://goo.gl/BDkvbg
C5. I've extracted various issues raised in the SCO review so that the team can systematically answer the issues, refer to the 17 questions in the same google link in C4.
C6. Deadline to respond is the same ie. 15 Feb 2019.
Updated review on 15 Feb 2019,
C7. Out of the 17 questions in the Q&A google doc, https://goo.gl/BDkvbg, we have 2 inadequate answers and 8 failed answers.
C8. The team is now given a final opportunity (deadline is 20 Feb 2019) to provide full answers to Q5.2, Q6.2, Q7.2, Q8.2, Q9.2, Q10.2, Q11.2, Q12.2, Q14.2 and Q16.
C9. As the team is responsive, I am revising my rating from 121 to 221 for now.
C10. Will continue to revise my ratings as I get more complete answers from the team.
Updated review on 24 Feb 2019.
C11. Deadline for the team to respond to me on the outstanding questions: Q5.2, Q6.2, Q7.2, Q8.2, Q9.2, Q10.2, Q11.2, Q12.2, Q14.2 and Q16 within https://goo.gl/BDkvbg has passed.
C12. In addition, I have also received threats from one of Bolton Coin's team member by the name of Paul Bichler and his Telegram ID is @Phomology. Team archival: https://archive.fo/ptxzV
C13. Consequently, my revised rating is: from 121 to 221 to 111.
Rated on Feb 1, 2019
I like the idea, but there is a lot of work to do.
The ROI seams to be to bullish and I miss deeper information.
I would like to invite the team to bring more light into the project
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.