Mandala ICO Review

Mandala

Mandala is a revolutionary cryptocurrency exchange

Mandala Score



Mandala is a cryptocurrency exchange enabling the trading of any digital assets. The Mandala platform will offer better strategies, better risk management tools, and highly competitive trade and withdrawal fees. Mandala will support for public and private blockchains. Mandala aims to become SEC complied exchange and has a veteran legal team working on it already.

LINKS

WEBSITE WHITEPAPERS

SOCIAL MEDIA

REVIEW VIDEO

TOKEN SALES

METRICS

Green lights

– Mandala has a veteran legal team to work with the U.S. Securities Exchange Commission in achieving compliance. – They are working through to get compliance. – Unsold tokens burnt. – Mandala plans to develop and manufacture a hardware wallet for users to store various cryptocurrencies safely and securely in cold storage.

red flags

– Team formed in Q1 2018 to build Mandala. – No prototype and the full platform release in Q4 2018. – 20% will be minted at the end of crowdsale, 50% withdrawable after 6 months, the remaining 50% withdrawable after 1 year. – Mandala will face fierce competition from other exchanges. – Not a revolutionary idea. – MDX will not be available on other exchanges.

Mandala
DETAILED ANALYSIS

ICOs Found

ADVISOR SCORE

Unknown

Low to Medium – No one with blockchain background.

TEAM SCORE

Unknown

Low to Medium – While they have a big pack, we cannot see any technical person with blockchain background.

HYPE SCORE

Unknown

Medium – Mandala is slowly getting the hype now-it may increase if any of the influencers takes it in hand in June closer to ICO.

TOKEN SCORE

Unknown

Medium-High – Selling 65% tokens at 18M hardtop sounds impressive. – Also the 400M total tokens will appeal many buying off the exchanges giving decent ROI.

CONCLUSION

While Mandala is not coming to the party with any new revolutionary idea, they are trying to get the basics right and solve the regulatory issues that other centralised exchanges may have to go through in the future. It has to be agreed that Binance, Bitfinex and may more exchanges have to get complied at some stage and may have to halt trading until they get it done. When? We don’t know. But with the likes of giant centralised exchanges, and the new world of decent exchanges, can MDX withstand the competition?

5

ADVISOR

8.3

TEAM

2

HYPE

4.8

TOKEN

exchange

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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