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Ratings NairaX

Bringing Fiat to the Blockchain

NIRX (NairaX) is the first viable product from NIRX BLOCK PAYMENT SYSTEMS incorporated under RC2903759 in Nigeria. "NIRX" is a stable utility coin developed to power NIRX's currently developing crypto-payment processor which will be initially integrated across major eCommerce platforms in Nigeria, Africa and then the entire Globe; as a move towards general adoption of "NIRX" in the general eCommerce marketplace.

3.3
2 1 expert rating
Benchy 2.9
KYC
Experts
5.0
5.0
5.0
Review: coming soon PRO
~$1,167,062
value of tokens sold in ICO

Ended
Token
NIRX
Type
Price in preICO
1 NIRX = 0.002 USD
Price in ICO
0.0030 USD
Country
Whitelist/KYC
None
Restricted areas
USA
preICO start
31st Aug 2019
preICO end
30th Sep 2019
ICO start
2nd Oct 2019
ICO end
31st Oct 2019
Visit ICO website
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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
nicolas nups
Program Manager and ICO Advisor
Rated on Jul 19, 2019
Modified on Aug 6, 2019
5
5
5
19%

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 : All the team members are associated to the project on LinkedIn and they all look professional and qualified to turn this idea into a solid project. They might need more devs in the future but for now it seems good enough.

This is definitely worth a 4/5 for the team.

- Vision : Stable coins are the core of blockchain. The main blockchain issue at the moment being volatility and liquidity. There are a lot of stable coins on the market but it is good to have a country target. If NIRX can pierce in Nigeria then it can get known by top exchanges and get listed there. The key here is to backup the project with enough fiat money to stay stable for several years at least.

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

- Product : The softcap is a bit high but liquidity is mandatory for such a project. The whitepaper is well written and the roadmap realistic. Now it's the team's work to gather a larger audience and bring investors from Nigeria and from all over the world

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


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

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Benchy
ICO analyzer bot
2.9
81%

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
4 members invited
Stanley Abor
Passed
Abor Tobechukwu
Failed
Chima Ikechukwu
Failed
Uche Israel
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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