1. Bgogo (USA
Bgogo is a new crypto-exchange, the key feature of which is the use of supernodes to enable inclusion of new digital assets in the list of tradable assets. All commission fees levied by the exchange for transactions made will be used to buy BGG coins and then destroy them. This will maintain the value and stability of the exchange's internal cryptocurrency.
Bgogo is the first trading platform that uses supernodes to compose a listing of tradable digital assets. The platform provides 21 supernodes. The bulk of them includes leading encryption institutions around the world. These objects will participate in the private sale of the BGG token. Each supernode will be entitled to a "one vote, one list" status and play a key role in the Bgogo ecosystem. This privilege grants holders of this status the right to choose a cryptocurrency for registration on the Bgogo trading platform for the entire period of the status.
In fact, Bgogo is a crypto exchange, which uses so-called trans-mining or intellectual trading to create a user base. The business model incorporated in it encourages large investors to accumulate the required number of BGG tokens to become a supernode.
Each supernode will function for about 90 days. At the end of each quarter, a new list of nodes will be re-elected from among the 21 best accounts in the BGG rating. Their owners will go through an obligatory KYC check.
Owners of such nodes must comply with two main rules:
All supernodes except for the first generation nodes should block their BGG tokens balance for the status assignment period;
Owners of supernodes should exercise due diligence and ensure the authenticity, reliability, and legitimacy of those crypto-currencies that they propose to be included in the list of tradable assets of the Bgogo exchange.
Half of the BGG tokens will be reserved for users and intended for mining, which will be carried out through trading on the Bgogo platform.
The project team has already conducted a private sale. The main sale of BGG tokens began on July 14. At the moment, more than 90% of coins were sold at the rate of 1 ETH = 66,666 BGG. The total number of tokens is 10 billion. The number of tokens for sale is 5 billion. 1 BGG = $ 0.07. Hard cap - $ 7 million.
The Bgogo team consists of professionals with experience in such giant companies as Google (NASDAQ:GOOGL), Facebook (NASDAQ:FB), Twitter, and IBM (NYSE:IBM). In addition, Bgogo is supported by the investment blockchain giant Pantera Capital, which has officially announced strategic investments in this project.
The main development team consists of 35 people and includes several winners of major programmer competitions. For example, Maximilian Wang, CEO, a former software developer on Facebook, and founder of Facebook's crypto syndicate, received a Masters Computer Science Degree in California. He is a senior blockchain technology researcher and an adviser and has participated in the promotion of several popular blockchain projects in Silicon Valley, such as QuarkChain.
Summarizing the Bgogo project, the combination of super-nodes and trade commissions for the purchase and burning of BGG tokens should create a solid foundation for the stability of the coin's price. The project attracted a large number of supporters using the program of proof-of-caring.
However, one can distinguish the following shortcomings:
The lack of a description of a business model, technologies and roadmap in the whitepaper.
The lack of the project team’s experience in the creation or management of trading platforms.
There is no unique offer or function that could allow Bgogo to gain a place in the market among a variety of other trading platforms.
The first exchange, which provided users with a discount on the trading commission, was FCoin (80%). Bgogo, in turn, set the bar at 105%, which will give it some advantage until another platform offers an even more advantageous option.
The level of hype around Bgogo means that the exchange is likely to attract a lot of new users after launch. However, the results of the analysis of the project indicate that its long-term prospects are still uncertain. The team of Tokenbox analysts recommends considering the Bgogo project for investments.
The project estimate is 6/10.
2. Trilliant (Switzerland)
Trilliant is a network of crypto-ATMs that features the possibility of a passive income from shared ownership.
According to Coin ATM Radar, since the beginning of 2017, the ATM industry has been experiencing explosive growth with an increase in the number of devices from 949 to 3556, with an average increase of 6 cryptomats per day in 73 countries. The Trilliant model is very simple - cryptomats everywhere and for everyone with the planned support of about 500 coins at the end of 2019. In terms of coins, only ZenCash is confirmed.
Cryptomats will have additional functions: printing of paper wallets and participation in ICO. A distinctive feature of Trilliant is the receipt of passive income by the participants of the program when acquiring a share of ownership of the device. Depending on the outcome of the ICO, Trilliant plans to manufacture and market 40 to 500 cryptomats for an initial sale.
Two models of possession of cryptomats are offered: those that are actually maintained by Trilliant, or third-party organizations. Under any of the schemes, users will have the opportunity to redeem ownership. The total cost of 1 cryptomat is $ 10,000, and the cost of a share is $ 100. When installing a new cryptomat, a limited number of shares will be offered for purchase on the site (payment in TRIL tokens). Then, every month 2% of the profit goes to shareholders and 0.5% - to the Trilliant fund for the production of new devices. With a turnover of $ 40,000, the end result is 8% monthly. Trilliant takes full care of the cryptomat.
Also, there is an opportunity to completely redeem the cryptomat. To do this, one must invest 100 ETH in the ICO to qualify for the purchase of up to 5 devices. In this case, all expenses as far as installation and maintenance go fall on the shoulders of the owner of the cryptomat: Trilliant only retains a one-time commission of 2% for installing and configuring the software.
The sale of shares and production of the first cryptomats are scheduled for the end of 2018 - early 2019.
Tokenometrics:
The number of TRIL is about 40 million. The price of the token is 1ETH = 800 TRIL. Soft Cap - $ 1.5 million, Hard Cap - $ 20 million. Private pre-sale is happening, the public pre-sale is transferred to the end of Q3 2018.
The main sale is during Q4 2018. The token will be used for the priority purchase of the share of ownership of cryptomats through the official website without commissions.
The company Crypto Capital AG, which represents Trilliant, is registered in Switzerland under the number CHE114326916. The office is located at Bahnhofstrasse 10, 8001 Zürich. The Trilliant project does not boast of well-known personalities that comprise the team, but many of them have experience in fintech, the payment sphere, online marketing, and blockchain.
At the moment, the project has seven consultants, including the head of marketing at Gladius, the founder of Dcorp, another marketer in Gladius and Dcorp, CMO at Block51, an economics professor at a Shanghai university and two fund representatives.
To summarize, it can be said that cryptomats are a very promising and profitable niche, which, if properly approached, will greatly simplify the process of acquiring crypto assets and bring us closer to mass adoption.
Trilliant has a very good idea and business model along with useful partnerships. HYIP is almost completely absent, due to the project being in its early stage.
The recommendation of the analytical department of Tokenbox is not to participate at an early stage and monitor the development of the project.
The preliminary estimate is 5/10.