Rated on Sep 13, 2019
Modified on Jun 13, 2021
No MVP - just a picture in the WP and their landing page. The whitepaper is sloppy, no competitors analysis. The tokenomics is outdated. The legal issues not covered - it is not enough just to restrict USA buyers
Update—I see no improvements and only prolonging ico time so I am even more pessimistic
Rated on Sep 14, 2019
Modified on Sep 14, 2019
The vision behind Tycoon is easy: provide a secured interface between professional traders and end users. Basically, simplifying the entire process.
They have social activity on their social accounts and their Telegram has 20 622 members at the tame of writing this review. Their core team members have written on their linkedin that they have experience as crypto traders on major crypto exchanges. The core team members have passed the KYC on ICO Bench which is a great sign of commitement and they are only distributing 60% during their token sale which again, is a proof they are willing to develop this product on the long term.
They seem to be right on track with their Road Map as well, however, in the second half of 2019 they will update their platform and have exchange listings so I'll have a look on it then.
This project aims to greatly simplify crypto trading and bring new interesting features. They have mvp and a good concept, I will follow its evolution until it hits the market as it seems quite promising.
Rated on Sep 19, 2019
Team is good and very experienced. KYC is done. Advisors complacent perfectly with the team. the vision is very good as it brings value to both - Professional Traders and beginners. MVP is available and looks like a good social crypto trading platform. They have good social media following, the project is going to get really good progress. Best of luck team.
Rated on May 25, 2020
Like the idea of followers being able to assign volume to select traders for an individual stop loss .
Will be interested to see how this is executed and plays out in real time !
Rated on Aug 27, 2019
Modified on Aug 28, 2019
Tycoon seems to be a promising Trading startup. The team looks solid and comprises of experienced trading professionals
Tycoon only publishes strategies actually implemented by the respective trader in their own portfolio. Their platform recognizes and processes all trades in real time. This feature ensures a maximum of transparency with regards to past trading results. This leads to a bulletproof foundation for successful cryptocurrency trading.
Tycoon aims to make trading transparent and profitable for global traders
I support the project and wish them much luck and success!
Rated on Mar 5, 2020
→ Blockchain Advantage - ✅❤️
→ White Paper - ✅❤️
→ Team Composition - ✅❤️
→ Token Economics - ⛔️
→ Business Model - ✅
→ Social Media Presence - ✅
→ Collaborations & partnerships - ⛔️
→ Fund Allocation - ✅
→ Legal Loopholes - ⛔️
→ MVP/ DApp/ Working Product - ✅⛔️
The core team is knowledgeable and competent. The business model is clear and contains specific details regarding go-to-market strategy and expansion details including marketing. The funds' deployment and token allocation are within reasonable limits. MVP is available but is not disposable for usage (probably needs white-listing).
Lack of KYC+AML partner, wallet partner and Legal eagles among others raises a question mark. Not sure if they have any DApp or not. Also, details about Tokenomics is too simple and it also lacks hard data on projects for business details
You can find my ratings methodology here- https://medium.com/@krishnenduchatterjee/ico-evaluation-investing-a-vc-perspective-for-investment-over-greedy-short-term-returns-433f6f9e13d8
Rated on Oct 3, 2019
The team members are all knowledgeable on trading at different kinds of exchanges, thus they are aiming to create a product they have studied closely. The vision of the product aims to bring professional and amateur traders together, which is ideal as, both sides can be equally benefitted. Their whitepaper is very promising as it seems that it provides a wide variety of features.
Rated on Feb 16, 2021
Tycoon is a great concept but no necessarily new, there’s already eToro-X and some lesser known platforms. The most impressive is the Tycoon team which appears to have extensive experience and includes some great advisors, Timo Tippler being well-known and reputable. This warrants 5 Stars. The vision is very good, however the milestones seem to be stuck in time and ends in “second half of 2019”, we are now February 2021 so this needs to be updated immediately, hence the 4 Stars. The product - crypto copy trading - is innovative however there’s no MVP, and that should be necessary to gain trust from platform users. Hence 4 Stars for product. I wish the Tycoon team good luck and great success !
Rated on Sep 15, 2019
After analyzing their provided documentation, I draw the conclusion that this is a very interesting project. Team of professional traders making a bridge between professional traders and end users by offering a variety of features as described in their white papet. They have good social presence as well and this is a good sign!
Rated on Aug 28, 2019
Though, all of the team members are from Germany, and might lack the international / multicutural experience, I strongly believe that they can run this project successfully.
I checked C-level people at Linkedin, and most of them have very strong background in Trading at different exchangers. Therefore, they create the product that they know very well.
Therefore, the Team deserves 5/5, as they have also passed the KYC process.
Vision: The vision is very nice as it brings value to both - Professional Traders and amateur traders (followers). This product will help to make money for both profiles.
The vision deserves also 5/5, as there is a clear need of it, and it is already implemented in other investment products (e.g. Forex)
The product deserves 4/5, as the product is in very early stange yet. I will adjust the rating when the product will be fully launched.
Rated on Mar 5, 2020
→ Blockchain Advantage - Good
→ White Paper - Fair
→ Team Composition - Fair
→ Tokenomics - Needs Improvement
→ Business Model - Fair
→ Social Media Presence - Needs Improvement
→ Collaborations & partnerships - Good
→ Fund Allocation - Good
→ Legal Loopholes - Fair
→ MVP/ DApp/ Working Product - Fair
You can maximize the potential of this product by building an ecosystem for spreading your vision. Mass adoption is the key to success, everything else is preparatory to the work ahead. Best wishes to your token sale.
Rated on Jan 12, 2021
The team seem well experienced and have a broad understanding of the market. The hope here is bringing a variety of people together - with a range of experience and knowledge - I do not see how it benefits the experienced traders as much as the amateurs. Exciting and I am looking forward to seeing this unfold.
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