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Whalesburg

Mining 2.0 The Platform

Whalesburg is a mining software bundle which incorporates three components: multi-currency mining pool with a profit-switching algorithm, remote hardware monitoring software and a large-scale overclocking tool. The team have released proof-of-concept version and updated it to an MVP which is a stand-alone working product. Miners will need to hodl a certain amount of WBT to be able to use the platform and voting system (decentralized governance).

4.1
16 expert ratings
4.9
3.9
3.9
4.0
View rating distribution
Starts in 9 days 4 hours
2018-06-03 - 2018-07-03
Token
WBT
Price
1 WBT = 0.0000718 ETH
Bonus
Available
Bounty
MVP/Prototype
Platform
Accepting
ETH
Minimum investment
0.5 ETH
Soft cap
1,000 ETH
Hard cap
3,800 ETH
Country
Whitelist/KYC
KYC & Whitelist
More on ICO
Report

Ratings

Ian Scarffe
Blockchain ICO Consultant / Advisor. Founder at Crypto Consulting and Investments LTD.
Rated on 22 May 2018
4
4
5
8%

An exciting and interesting prospect. There is certainly a lot of potential here, with a solid team leading it backed up by some good advisors, and also some strong partnerships in place. Keep up the good work

Agree
1 person agree
Douglas Lyons
Success Advisor to Blockchain Startup Project Teams.
Rated on 22 May 2018
1
1
1
8%

based on what is described in the whitepaper - WBT Token Utility. Voting rights, fee reduction and wallet verification are not a viable means to create a positive ROI to investors. The end user must be tech "savy" therefore this will not apeal to the "regular" investor.
For this to be "adopted en-mass" it would require a very large number of users to lay out a significant amount of money to purchase the hardware.
I do not understand why the software is not just sold direct to end user and why an ico is required.
I do not see this as having a viable ROI to the average investor, therefore i do not believe this to be a good investment.

Agree
1 person agree
Daniil Morozov
Co-Founder Node, ICO&Business Advisor, Investor
Rated on 4 May 2018
5
4
4
4%
This rating's weight is reduced by 50% as there is no review added.
Suumit Shah
Serial Entrepreneur | Angel Investor | ICO Advisor | Digital Marketing Expert
Rated on 3 May 2018
5
5
5
7%

I’ve seen their product in my own eyes, tested it and I have to say, I’m more than excited with their MVP...

So far everything works super smooth, UI is the best in mining world so far, the support guys are helping 24/7. Afaik they’re the only pool right now that implemented automatic profitswitching on the servers side.

Knowing that this is only 0.x version, I bet that the first release will kick off all the other players.
A big applause to you guys!! Keep up an amazing work you’re doing!

Agree
18 people agree
James Sowers
Ico adviser
Rated on 24 May 2018
5
5
5
7%

Young team seems like a promising project . Would like to see how they execute . Project has a lot of potentially. Mining will become an important part of the continuity of blockchain in the future on certain applications .

Agree
2 people agree
Graham Doggart
Blockchain Advisor and ICO Growth Consultant. Founder at Dynamic Abundance Advisory
Rated on 11 May 2018
4
4
4
6%

I like the look of the project.

Agree
Michael Williamson
Blockchain Consultant, MBA, LSSGB, Former USA Financial Advisor, Insurance Agent
Rated on 11 May 2018
4
4
4
6%

In my opinion, this is a really interesting concept. I question though how consistent are the profits when switched?

("WHALESBURG is the first crypto-mining platform with an profit-switching algorithm!")

As long as it runs smooth without interruption then I I think this could have a lot of potential.

*Please see my profile for disclosures.

Agree
1 person agree
VAKEESAN MAHALINGAM
ICO Analyst|Content Writer|Trader| CFA Charterholder|Consultant
Rated on 16 Apr 2018
3
3
3
6%

Core team as outlined in wp is young,m but has prior experience the field. Team could use some veterans and big players in the space to help bring credibility to the project and good guidance.

Vision is good as i see the problem that is being solved, however the entire premise of a profit swithcing algo is in the proof of concept stage, could be too early to run an ico with that factor being one of the main advantages

Overall, i dont usually like projectd focusing on obsolete elements. Mining is one of this things that i believe will not be relevant a few years from now as blockhain tech evolves and different consensus algos take over the space

There will always be a few still using PoW but this project seems short term, as many PoW based cryptos will fork off of mining and onto PoS or another consensus mechanism

Its hard to see how long mining will be profitable, especially when a few big players own most of the mining farms, this tech may not be useful for many

Good luck with the project!

Agree
1 person agree
Farooq A Rahim
Founder at HeapX . Entrepreneur . Investor . ICO Advisor . Tech Expert . BlockChain Strategist
Rated on 22 May 2018
5
5
4
5%

Project looks very promising. I like the All in One solution concept designed to address main issues miners have to face on a daily basis. You can tell that team actually did thorough R&D before designing the product and throwing it to the marker. That’s what professionals do.

Also they focus more on development and partnerships with key players rather than shallow marketing campaigns. Which shows that team is very confident in the product and has clear business vision.

Agree
7 people agree
Igor Salikov
"Love Is Forever When It's Written in the Blockchain"
Rated on 21 Apr 2018
5
5
5
5%

Low cap project (hard cap only 3800 ETH), Soft cap closed within few hours. I would expect high ROI (this is not a financial advice though)
They have working MVP with income around 70k $ for 2 months. Official Telegram channel overall feedback from miners looks very positive. Roadmap looks great as well with team focusing on the right things.
Strong advisors from top 100 companies Revain, SALT, Cindicator, SONM. Partnership with top mining companies and investment funds. Team looks solid and professional. Connected and recognized within mining community.
Core team’s profiles looks decent, all of them have relevant professional background. Website and White Papers looks good, all information is well presented.
Looking forward to see where it goes. Good luck with the project!

Agree
2 people agree
Zahid Imran
ICO expert and Advisor, consultant
Rated on 12 May 2018
4
4
4
2%
This rating's weight is reduced by 50% as there is no review added.
Alexander Sverdlov
Cyber Security Advisor for ICO startups
Rated on 24 May 2018
4
4
4
4%

Interesting idea. The validation needs some work - the graphics are nice, but a real working prototype would be great. There also needs to be some write up on the competition and how you stack against them with your offer.

Agree
Mihai Alexandru Bisnel
Experienced ICO analyst, editor at TokenCouncil.com, Blockchain Enthusiast
Rated on 24 May 2018
4
4
5
4%

I like the profit-switching algorithm idea, especially if it will work properly. This project addresses the core of crypto, so I believe it deserves our support. Young team, could use some more experienced members.

Agree
Gary Chan
Community Manager
Rated on 22 May 2018
4
5
4
2%

A lot of potential for this project as more people will be going into mining of other coins such as EOS apart from the usual Bitcoin and Ethereum only. Kudos to the team with a MVP already being developed. Looking forward to it being live for public to try.

Agree
2 people agree
Mohit Tater
Blockchain & ICO Advisor, Investor, Serial Entrepreneur
Rated on 24 May 2018
4
4
4
2%

Though the core team is young, the vision they have for the platform is certainly innovative. Mining is only gonna become more and more important as the industry matures and there is a need for improving mining yields and bringing mining to the masses.

Though one major challenge in the mining industry is that it is monopolized by a few big players.

Would love to see how this unfolds. All the best!

Agree
Eric Stone
20+ year entrepreneur & tech veteren
Rated on 24 May 2018
1
2
2
2%

This is one of the most inexperienced teams that I've seen on an ICO. There's very little in terms of building successful companies on their resumes.

For product and vision, little can be said about the economic validity of this model -- it simply won't work at small scale, and the ability of this team to get to critical mass is less than certain.

ICO for mining -- not really sure about the token utility or need to have a separate coin to mine other coins. I've read the whitepaper now more than once and I cannot understand the real reason for another token to mine others, except that your software needs it.

Economically, ICO investors are looking for something that is not so heavy and seemingly duplicative in the market.

Agree
Benchy
ICO analyzer bot
4.9
20%

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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