When I was asked to do a review starting tomorrow, 4 October at 17:00 GMT, ICO platform TokenDesk and I read their one-page document describing the main features of the platform - I have a thought crept in: "it's too good to be true".
Judge for yourself, here are the declared objectives of the platform TokenDesk:
- A single platform to participate in a large number of ICO by 2018 connection 150 to ICO TokenDesk
- Receiving funds in any bitcoin and in Fiat via credit card, PayPal, Western Union and Bank payments
- Cashback ICO all participants through the platform TokenDesk 4.5%
- Referral system with payments at 5%
- The distribution of the 12% return of the platform to the holders of its tokens in proportion to their share
Unfortunately, available information for the independent evaluation of the platform was quite a bit: Bicontact do not discuss it even in a relevant thread with the announcement; on other forums about the platform generally keep quiet. Search in Google gives a large number of identical press releases about the upcoming launch. And, of course, all this is in English - about the Russian TokenDesk write at all.
In the end understand I had independently and put together this video review of the platform TokenDesk:
I'm not going to delve into the retelling of the content of my video review - I think in the video I discussed in some detail. Will highlight only the main issues that I had after a detailed study of white paper TokenDesk which I would like to, but I couldn't find them in existing documentation platform.
Given that TokenDesk basically not uses the technology of distributed register (blockchain) and is based on classical web technologies (PostgreSQL database and framework ASP.NET) it's not obvious where to store customers purchase tokens at the part in the ICO, whether clients have access to private keys and issues AML/KYC for participation in the ICO, which require pre-registration by potential investors.
The second point is the economic model laid down platform: TokenDesk planning to take 3.5-10% of fees conducted by the ICO and in less than 2018 to have time to solistice ~150 ICO on their platform, collecting a profit of US $88 million in interest payments.
In my opinion, these financial plans are somewhat not realistic. For example, you can take an existing platform Wings - even with a good success story (for example, Bancor just a fact of listing on the Wings allowed to raise additional 4.28% of investments), active community and a working platform - Wings take the listing usually 1-2% fees on ICO. And while they can't boast a large number of projects in its portfolio.
TokenDesk plans to connect new ICO every two days and take 2-5 times higher amount, that does not look quite real.
While TokenDesk not ready, minimally working product at least in a test version - so that potential investors could see how it works. In the white paper there is also no technical description of the platform architecture is only General words, without specifics about how it will be implemented the plans. The amount of fees the company is quite impressive: the overall weight of tokens is planned in the amount of 20,000,000 TDS, at a nominal price of 100 TDS = 1 ETH ETH corresponds to 200,000 or about US $60 million.
In General, I don't know about you, but I have when reading a white paper TokenDesk there are more questions than answers.
Suggest this topic to initiate a discussion platform in the Russian-speaking community. ICO TokenDesk will last quite a long time - from tomorrow till almost the New Year. Surely the developers will conduct an active campaign as fundraising (marketing they have allocated a proportion of 37 percent of the budget), so it would be nice if this platform review will appear in the search results and will help all stakeholders to make an informed decision about the advisability of investment in TokenDesk.
I will be glad to all comments, additions and comments that you leave to my analysis platform TokenDesk.
LINKS:
One-page brochure about the platform Token Desk
Topic TokenDesk announcement on the Bitcointalk forum
Answers to the most frequently asked questions about TokenDesk