Today I came across a new ICO, based on NEO platform.
There are many good things about this ICO :
- It is a low cap ICO : 1.2 million USD
- The Token metrics look really lucrative : 1 NEO = 9,371 SWH | 1 GAS = 3,263 SWH
- The Token has good utility : use SWH tokens for a discount on trading fees based on current USD value of the SWH Token over the past 23 hours on our Exchange Platform. SWH will also be used as a base on all trading pairs and is the primary means for cross-chain transfers
- Switcheo will be a decentralized exchange
- Team looks promising
- Project seems to have gained good hype. The whitelist was closed within hours and right now waitlist is open.
You can use the following link to get waitlisted :
https://switcheo.network/form.html?r=4wQKV7M3
Crowdsale is on 16th March, 2018
They are going to Launch Mainnet in February, 2018
In March, 2018, after the public crowdsale, their token will start trading.
On interesting factor here is that in Q4, 2018, they will begin Cross Chain trading. This is one capability which can distinguish them from their competitors.
We have seen how the native tokens work with the existing exchanges like Binance, Kucoin etc. This will be similar, and is a decentralized exchange, which in itself is very interesting concept and is the future in my opinion.
Binance coin and Kucoin have given very decent returns to Investors and this particular coin from Switcheo, has a potential to perform in a similar manner.
Looking at the Token Metrics, Roadmap and the Hype in the project, Switcheo Network, is certainly one ICO to look out for in Q1 2018.
Do share your views in comments.
Upvote and Resteem this, to spread the word.