Security Chain ICO Review

Security Chain

Security Chain is a blockchain ecosystem where security solutions can utilise blockchain to offer their services at a lower cost.

Security Chain Score



The First Block Chain Security Ecological Chain. Security Chain is a brand-new ecological system based on Blockchain concept and technology. This eco-chain includes security and defense of underlying operating system, Blockchain IoT and cloud-computing equipments. It uses advanced technology of machine learning to realize Blockchain anti-virus, Blockchain anti-fraud, mobile device safety protection, etc. Therefore, developers from all over the world can develop various application services for Blockchain security based on this eco-system, providing one-stop security for industry users.

REVIEW VIDEO

TOKEN SALES

METRICS

Green lights

  • Some World Class leaders with proven experience in their field.
  • Quality of leadership and track records indicates they should have the networks to gain customers and adoption.
  • Solid VC backing.
  • Strong social media community, especially telegram even thought flying under the radar.
  • Strong use case.

red flags

  • No live product or demo.
  • Even thought strong Telegram audience size, no guarantees these are not bots as there is not much hype anywhere else.
  • Security type projects have performed very poorly in current bear and past bull markets.
  • Team members and roles not clear.
  • A % of private and seed round tokens are unlocked at the same time as ICO tokens on exchanges, which could add heavy selling pressure.

Security Chain
DETAILED ANALYSIS

ICOs Found

ADVISOR SCORE

Low - Medium

– Advisors strong but no clarity. – As PR material list some advisors as team members, difficult to fully grade.

TEAM SCORE

Medium

– Team features some world class players. – Not clear who does what, PR says Mingo but website list him as an advisor. – Very difficult to verify team members and roles. – As there’s not much clarity, team rated lower than potential.

HYPE SCORE

Low

– No influencers talking about this project…yet. – Strong telegram following however due to inactivity, followers could be more bot and/or referral scheme generated. – This project is flying under the radar however would expect the hype to pick up soon.

TOKEN SCORE

Medium

– Full token metrics not fully revealed. – Staking, Vesting and Unsold token status and terms yet to be announced. – Min 30% of seed and private tokens unlocked on exchange listing. – We look forward to learning more about the token metrics once released.

CONCLUSION

Fundamentally, this project has the most important factor in place, a strong team with a proven track record in tech. It’s not surprising that they have secured strong VC backing. However what’s concerning is that the team members and roles are not clear, plus this project is operating in the security space. I agree this space is essential to the industry, any tech industry but historically these types of projects have not performed well in terms of investor ROI. Although this looks like a second layer protocol, which could give it more value, betting on this project, I think, would more be based on a strong believe in the long term potential of this project, as I do not expect there to be any opportunity of value creation/appreciation in the short to medium term. Additionally, the lack of clarity of the team members is a big concern, yes there are some world class players, but their level of actual involvement is too cloudy right now – hopefully the project will develop and clarify these points soon.

5

ADVISOR

6

TEAM

2.1

HYPE

2.8

TOKEN

security

CATEGORY

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

ICO DOG

NO MORE BS REVIEWS.

ICO Dog is a curated directory of the best crypto news resources.
We’re transforming crypto reviews to it’s best!

ICO DOG

NO MORE BULLSHIT REVIEWS.

ICO Dog is a curated directory of the best crypto news resources.
We’re transforming crypto reviews to it’s best!.

ICO DOG

NO MORE BULLSHIT REVIEWS.

ICO Dog is a curated directory of the best crypto news resources.
We’re transforming crypto reviews to it’s best!.