Spiking (PreICO)

Strong team and very diversified. I love it really!

Vision is awesome as whales are also the game changers of the cryptocurrency market, so following them is a safe way for investment. However, how to get real whales is my concern?

Product is interesting and convincing me as it is now available on both platforms Appstore and Google Play.

Good luck!

Very serious and big team, with wide experience. Benchy it is passed on 5.0. It is visible that the job is made serious. The idea necessary is also relevant for very many.
KYC verification passed too and it is very good.
The product is provided too.
I wish you good luck and to achieve required results!

Not the most novel idea since there are already other companies doing this, but we will have to wait and see how this idea can benefit from blockchain technology. Solid team for sure.

Very cool concept. Great and experienced team.
I am not sure if the economics of the project will make sense in such a fast changing market, but I believe there will be a demand for this product. Good luck!

Good project, good team. Met the CEO and he knows what he is doing. Great experience from previous background in the traditional market.

This is not financial advice or a recommendation to invest in this or any other ICO. Investors must perform their own due diligence and not rely on external ratings to make their final investment decisions. ICOs are risky and 100% loss of capital is possible.

Team - strong experience and education for the core team, advisors seem to cover most bases and all seem capable of delivering the project.

Vision - although I can see this project being a success, we need to look at the potential impact of this on crypto-markets. Financial regulators around the world are investigating the issues of ETFs and their influence on market performance. The principle is the same here too. If a whale has a huge following, they could move markets on a whim due to the further influence this project could create for them. Such future issues could lead to enforced regulation of crypto-markets by regulators worldwide which, for me at least, wouldn't be a good thing.

Product - alpha version available now. Looks good, performs well.

I like the concept. I use tradingview which has a similar philosophy only tradingview does not utilize AI or the blockchain.

This is not financial advice or a recommendation to invest in this or any other ICO. Investors must perform their own due diligence and not rely on external ratings to make their final investment decisions. ICOs are risky and 100% loss of capital is possible.

Team looks very bold and promising to be able to actually take this off. I am a bit blurry on their vision with the tokenomy that they are suggesting. And there are competitive projects out there that might have it a bit better, but lets see. Love the fact that the product is already available to play with.

Good concept and great moves for traders. Because trading is very risky. Now they can trade by using spiking mirror trading and also learn lot of things from spiking platform. It's also helpful for new comers.

Big team also have experienced advisor board and supporters.. KYC complete..

Have MVP and online.

Wish them to get the proper success.

Following someones investment decisions seems like a very trendy topic this year. Personally I see it as a niche product, and Spiking's proposed execution where the follower pays fees more then the most expensive hedge fund does not sound like a promising opportunity.

Team : Very experienced team with international exposure and cross functional expertise.

Vision: Vision is also very clear and how to acheive the vision is mentioned in enough details

Product: There is no doubt that this is an innovative product, however, there are other products in the market with similar functionalities.

Disclaimer: This is an independent review on the ICO, and does not lead to investment advice. ICOs are risky, kindly do your own research before investment.

I've looked through the whitepaper and found a strong team with well-known advisors. This project undertakes a welcome innovation to what we now have on the market, mirroring trading. If accomplished, trading will take a notch higher through AI, a boon for traders.

Spiking - World's First Blockchain Asset Validation and AI Driven Crypto Trading Infrastructure
From Primetrade.AI watch list:

Spiking is making protocol for mirror trading for between followers and whales in a self sustaining/ governing ecosystem.

Well balanced team and backed well known ico advisors.

Beta expected to hit market by Oct 2018 and road map looks realistic.

Team is strong, concept is bit overwhelming.
It seems something like a social trading concept, copy, follow and mirror.

Interesting to see how people react with this concept.

Though tracking other traders isn't really a new solution as there are several projects in various stages of development or readily available, it looks like they are planning to do an interesting spin on it. We'll see how this projects fairs and if it can become dominant.

The concept of copy trading is not new, eToro has been around for quite some time and are doing relatively good. The problem with copy trading is that if the trader you follow and his/her trade does well, you do well. Conversely, if their trade is moving in the opposite direction, they loose and you loose. And just because on this platform you follow the “whales” does not mean they get it right all time. Cryptos are very volatile and can result in either big gains or big losses, whichever the case may be. For the these reasons, I give a 4 star rating for vision.

As far as the product is concerned, it’s quite innovative and addressing the huge market of crypto trading, however there’s a lot of competition out there and many more are sure to follow. Taking this all into consideration, the product will face some competitive (and perhaps some regulatory) challenges, hence the 3 star rating.

The team is very large and appears to be very experienced and professional and actually deserves 5 stars. A Spiking ICO team member even puts in the effort to thank every single ICObench expert personally for their high rating and positive review, However when it’s a low rating and rather negative review - justified or not - the tone of the Spiking team member is distinctively different and laced with ridicule and sarcasm. This is not acceptable behaviour for a team that appears to be serious and professional, hence - and regretfully - only a 4 star rating for team. Good luck to the team and it’s high level and experienced advisors.

Remark: I have just updated the team score to 5 stars.

There's was a discrepancy regarding a negative comment posted by one Spiking team member about a fellow ICObench rating/reviewer which posted an arguably negative review regarding this ICO. After speaking with the team, they have removed their negative comment/reply and therefore I commend their decision to approach any negative criticism diplomatically and professionally and take any criticism into consideration before outright dismissing it.

White paper - The white paper is quite professionally done with all the relevant information. The idea is not new but the approach of learning and investing from “whales” is refreshing. The rewarding prospect is also quite unique and a win-win situation for all parties i.e whale investors. Crypto enthusiasts, retail investors and the platform itself. Overall the white paper gives plentiful of details to be credible enough for investors.

Team - The team has an illustrious advisory committee, which is commendable along with a diverse and credible team. The actual team members are capable to develop this product and make it easy for novice people to leverage the knowledge of others.

Tokenomics - The tokenomics revolves around Utility token with a share of profit as dividend from both whales and the platform. It’s easy to see the value because this platform would make it both a fun and easy experience for investing in cryptos paving way for mass adoption. Both the token distribution and fund allocation is within reasonable limit.

Business Model - The business model is more or less in place with few whale investors already on board. The model is quite sound and would not need the support of only crypto community to scale up as they are more focussed on increasing the adoption of crypto.

MVP/ DApp/ Working Product  - They have a working DAPP in development but the App is already in place.

2 Million softcap and 15 Million hardcap. The difference are too huge. It indirectly means the team can develop the product with 2 million but they do not mind taking in extra 13 Million?

Website is all about token sale instead of focusing on the project itself. I do not like it. Team should emphasis more on the project itself instead of the tokensale and bonus etc.

I am still unsure why blockchain and a token is needed?

They already have a product, this part I will give it to them.