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Ratings HYCON

Powering hyperconnected blockchain solutions

HYCON, which stands for Hyper-Connected Coin, is the digital asset built on top of a faster and more scalable blockchain developed by the Infinity Project team in Gangnam, Seoul. Using a DAG (Directed Acyclic Graph) structure, it has the capability to publish several blocks simultaneously with the ability to resolve conflicting transactions and reject double-spends through the SPECTRE consensus algorithm. This makes HYCON a next-generation cryptocurrency which can be used in the real economy.

3.2
5 4 expert ratings
Benchy 3.2
KYC
Experts
3.0
3.3
3.2
Review: coming soon PRO
~$3,648,100
value of tokens sold in ICO

Ended
Token
HYC
Type
Price in ICO
0.9000 USD
Country
Whitelist/KYC
KYC & Whitelist
Restricted areas
USA, China
ICO start
30th Mar 2018
ICO end
11th May 2018
Visit ICO website
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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
Luca Cotta
Icodriver...expert launching ICOs, ICO Influencer, IT expert.
Rated on Mar 22, 2018
1
1
1
19%

BIG Red Flags

- No code released yet on their GitHub.

- Comment from Niall, their lead developer, saying that he still has to look more into the PHANTOM white paper to fully understand its nuances (https://www.reddit.com/r/HYCON/comments/7vdw8u/spectre_fails_to_provide_essential_linear/dtsqnd4/); that's unacceptable, he should have had a perfect understanding of it already.

- No proof that they've raised 3500 BTC in September and 20 mil $ in ETH private sales

- Distribution model is flawed: If they've actually raised the amounts they claim, because the next rounds are 15 mil $ pre-ICO and 10 mil $ ICO; considering bonuses, it basically means that whales will have over 80% of all tokens in circulation

- Tokens should become available through the HYCON platform at the end of June, which is also when they'll get listed at exchanges... but they won't have smart contracts implemented by then; w/o smart contracts I don't see how this is better than Nano

- The promise of the Infinity platform seems like a mess. Launch your own blockchain .... - seems like unnecessary over-promising.

2 FAIL KYC....

Probably scam...

+5Agree
+1
-4Disagree
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Richard Kastelein
Founder and Publisher of Blockchain News, partner Blockchain Partners, founder Token.Agency
Rated on Feb 19, 2018
4
5
5
18%

Looks like a solid team, but they need some advisers. I love the project - I have great respect for ICOs that build native Blockchains over simply riding Ethereum's back. DAGs, used by Iota and Byteball - are super cool and the more projects we see using Directed Acyclic Graphs in the future, the healthier it is for the ecosystem. They also need to spend some more time on the Whitepaper, it's a bit thin at 14 pages.

Agree
-2
-2Disagree
Report
Reinhard Berger
CEO Pecunio Blockchain Technologies
Rated on Feb 21, 2018
4
4
4
10%

interesting concept, team with ambition..

+2Agree
+2
Disagree
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Murat Ornek
Engineer, Visioner , Investor , Advisor
Rated on Mar 3, 2018
4
4
3
8%

One of a very few original an promising projects

Agree
-2
-2Disagree
Report
Benchy
ICO analyzer bot
3.2
45%

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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2 members invited
Taewon Kim
Failed
Jason French
Failed
KYC procedure verifies selected/specific team members only. It does not guarantee ICO success nor is a call for investment.
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