FIC Network ICO Review

FIC Network

Bonds on Blockchain.

FIC Network Score



FIC Network is the world’s first fixed-income network for cryptocurrencies. It enables network participants to pay with crypto for bonds, debt or other financial instruments, hedge their investment with crypto futures, and earn stable interest on cryptocurrency. We are attacking a $230 trillion global credit and fixed income financial markets. A combined crypto and fiat fixed income market makes the future crypto market mainstream and sustainable

LINKS

WEBSITE WHITEPAPERS

SOCIAL MEDIA

REVIEW VIDEO

TOKEN SALES

METRICS

Green lights

– Low Hard Cap at $16 million. – Strong CEO with relevant experience in financial law. – Medium to low token pice at $0.10 at ICO.

red flags

– Up to 60% Bonus for Pre-Sale investors. – Lock up period for pre-sal investors unknown. – Lot’s of existing competition with similar concepts. – No MVP prior to ICO, only DEMO.

FIC Network
DETAILED ANALYSIS

ICOs Found

ADVISOR SCORE

Unknown

Medium Some good advisors but no All Stars. Most notably is Jon Chou who is Co-founder & CEO of Bee Token. Jon has been active in Crypto since 2012 and advisor to Solve.care as well as FIC Network.

TEAM SCORE

Unknown

Medium – High Arturs Ivanovs, Founder/CEO serves as advisor to Turing Funds, the first mainstream exchange traded fund of cryptocurrencies. His background includes fintech regulation in European Union. Arturs holds LLB in Law and Business from Riga Graduate School of Law.

HYPE SCORE

Unknown

Low Only 6k members on Telegram & Twitter activity is fairly low.

TOKEN SCORE

Unknown

Low – Medium Although the hard cap is low at $16 million, there is up to 60% bonus for early investors which is a worry, with no lockup and most of the funds are held by pools we belive this will be a massive dump.

CONCLUSION

As a whole i believe this ICO is not worth investment at public-sale. Although the team are very good with a reasonable funding target, we still don’t know what the lock-up period is for the team and early investors. This is a problem when there is up to 60% bonus available to those who did invest in the early stages. There is also no proof that the platform will be 100% workable as we only have a demo available pre-ico. Despite the team being very knowledgeable in this field and being well versed in financial law (which is key for a project like this) i think it might be worth waiting until the Token hit’s the exchanges and see what happens from there, you never know you might be able to get a bargain if the price drops.

8

ADVISOR

7.4

TEAM

3.8

HYPE

5.5

TOKEN

finance

CATEGORY

All information including our "Grading system" rating, is provided merely for informational purposes. ICO DOG does not provide investment advice (read more).

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