NEXO ICO Review

NEXO

NEXO Overview

NEXO Score



Nexo is the World’s First Instant Crypto Overdrafts. NEXO Token is the World’s First US SEC-compliant Dividend-paying Asset-backed Security Token. NEXO Dividend Tokens provide passive income in the form of 30% in dividends from the company’s profits, distributed monthly to NEXO Token Holders. Holders also get discounted interest rates on the Nexo Instant Crypto-backed Loans and are also accepted as collateral on the Nexo Platform. NEXO tokens can also be used to increase overdraft limit.

LINKS

WEBSITE WHITEPAPERS

SOCIAL MEDIA

REVIEW VIDEO

TOKEN SALES

METRICS

Green lights

– World’s First US SEC-compliant Dividend-paying Asset-backed Security Token we think paying 30% dividends is a massive bonus for holders generating longer term revenues – No public sale so there will be a good demand in the exchanges -They will be releasing crypto overdrafts against BTC/ETH and USD in April 2018 before the tokens listing on the exchanges very good media coverage very good 2018 roadmap with products getting released at regular intervals got a good mix of team and advisors – they have got heads from technology and finance/lending Very good advisors including Polymath and TechCrunch CEO NEXO claims that they have already got 1+ billion USD in loan requests They are building their own wallet and will be launching the wallet before hitting the exchanges early May Credit card- users will be eligible to apply for a credit card with no monthly fees

red flags

– SEC can turn against NEXO anytime which will affect NEXO in a bigger scale – Only the CTO and a developer has blockchain experience – It is worth mentioning although we don’t think this as a big negative as there are other hyped projects that has none – Very high hard cap of 51 Million USD- it is worth mentioning although they were oversubscribed in the pre/private sale so they had to cancel their public sale and opted to do Airdrops for the community Crypto back loans is not a revolutionary idea

NEXO
DETAILED ANALYSIS

ICOs Found

ADVISOR SCORE

Unknown

High Nexo has a strong and relevant advisors- both technically and from the finch industry

TEAM SCORE

Unknown

Medium to High NEXO has an excellent mix in the team- they have people from very strong financial background and also from Blockchain background

HYPE SCORE

Unknown

Medium Although NEXO is a great project there is not a lot of hype around the community as it is not a infrastructure or blockchain based project

TOKEN SCORE

Unknown

Good Selling 70% of their tokens which justifies the hard cap a bit

CONCLUSION

Nexo is a great project in our opinion as this is the first US SEC-compliant Dividend-paying Asset-backed Security Token, providing 30% dividends to the holders. Nexo will also become a major player in the crypto lending industry in the years to come. Nexo has advised that they have already got proposals for a loan value of around 500M USD which adds a lot more value to the project. But NEXO has to compete with projects like SALT, LEND to get up in the ladder. They have gained a lot of mainstream crptocurrency news coverages, and already made several influential partners. NEXO is doing the basics rite and getting themselves ready legally and technically for the revolution, so we except that when crypto goes mainstream, NEXO will play a key role in crypto backed loans for start-ups/companies

9

ADVISOR

8.4

TEAM

6.4

HYPE

5.7

TOKEN

marketplace

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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