XCOYNZ

Significant disconnect in Milestones. Where is the milestone of when the exchange will be completed? There is no single mention of the product except all about token sales?

"The XCOYNZ Exchange enables Individuals to set their own fee when exchanging their Crypto assets."

Willing to revise rating if team responds.

All the best!

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Aasam Alim
ICO team member replied on 21 Jan 2019
Dear Clemen,

Thank you for your feedback via the review that you have submitted.
We value your thoughts and I would like to also thank you for highlighting the missing roadmap sections on ICOBench. We have taken steps to correct this, and you should find that the roadmap section now includes the full version of all of the XCOYNZ platform components (once ICOBench moderation is completed).
The initial review by ICOBench only listed our Token Sale Roadmap rather than our Product Roadmap which we have now requested to be updated.
I can see this may be why you concluded that we are 'all about token sales'

At this point I would like to highlight that the XCOYNZ platform includes an Exchange, a Smart Algorithm Wallet and a Payment Gateway.
Of course, we have details of all of these in our Light paper and full Whitepaper.

The Team and I strongly believe this industry needs careful filtering out of fake and scam team members and support your strong views on other ICO's where you have identified lack of KYC verifications and so forth. As you can see, this is not the case for us.

I would also like to take this opportunity to illustrate our vision, which is not just to make things simpler and faster, that's what we all aspire to achieve, but it is to actually make this platform available for all types of people from all walks of life, and not just those that are crypto savvy.

I trust this is enough information for you to make a more informed decision on your review, and I am happy to continue a further discussion should you wish to get a better understanding of our business vision and core values.

Thank you and best regards,

Aasam.
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Dear Aasam

Thank you for your positive engagement.

1. Milestones have been updated with clarity on product roadmap. Do you have a MVP ready?

2. Team needs to beef up on the Advisory as only one member has past experience of a completed ICO.

3. Softcap and hardtop numbers are realistic.

Looking good!

All the best!

This looks like an interesting project. Has a good team and the whitepaper is well drafted. They have a POC and KYC has been completed.

These are the kind of projects that will help create mass adoption of cryptocurrency.

Good luck, would like to see this project take shape.

The vision of the project is not a new and not original, having on the market a very large number of very well positioned, rich and powerful competitors, but it has all the credentials to find its place on the market and become a success. I see work behind, commitment and decent background experience.

The team is a fairly complete and well distributed in the roles, each of them has a decent background, perhaps missing a bit more experience in the financial sector but also in the blockchain and perhaps some more members at full time, despite the various position are covered by the advisors, we know that the advisors have another thousand commitments in the meantime so they can not give 100% to a single project.

Social networks and communication channels are held very well, are active and have a good amount of community members. Website done well, detailed and pleasant to see, while the whitepaper (available in various languages) is written and analyzed very well, presenting a little all the necessary aspects.

Github presents good activity, even if some development updates are missing, but this does not mean that they are not working.

The tokenomics is clear and accurate, the only flaws are in the distribution, I find a little excesive 5% to the bounty while the reserve fund (17%) should be a little higher. Another thing that I find excessive is the sale of 580M token with 50% bonus, these may not be liked very much by big investors. Good business plan and reasonable roadmap.

MVP that works well enough and meets the parameters that a good demo must respect.

It will be a pleasure to follow the project developments in the coming months.

Team is having good faces and KYC cleared so everything seems fine there, defining own fee is something new but competition is more in the market.

Team needs to work hard to achieve thier vision, Vision is good as per WP,would like to to see them working

Nice managed team and KYC is cleared.

Well settled tokenomics and Price of one token is 0.05 that seems reasonable, whitepaper bis descriptive and well formatted.

Coming to project setting up our own exchange fee is creative and beneficial for both a and b parties.