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PSquare Daily Alpha
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"So if you believe as I do, in the underlying technology, then when the markets are plummeting you really only have one thing to do. You take a deep breath, you focus on what you can control, ignore what you cannot control, and then just carry on with your day. Because when you’re on the hunt for life altering wealth, it’s the only strategy that works"
- Teeka Tiwari
ATONOMI latest announcement :

"Hello everyone, I would also like to address the question about the token unlock; this seems to be a common question. We are working to clear the public token buyers through the required security background checks. There were 14,000 buyers in our public sale and the process is time consuming. The tokens will not be unlocked until we can guarantee the identity and source of funding for every token purchaser to ensure there is no illegal activities. Please be patient and know that we are taking theses steps and the necessary time to protect the interest of all. We originally estimated this process to take four week, it is taking longer then expected."


1. This is why crowdsales will diminish soon, No ico wants an unnecessary headache
2. This is a reason why atonomi was selling at just 1.5x OTC, Pre-salers were jumping out of the boat due to this mess
3. They had 4 weeks but process is still ongoing, hope they wrap this soon
Jura Network Token Metrics :

Funding Rounds :

Round 1 : SEED
Price per token : $0.06
Lock : [20% upfront - 20% after 3 months - 20% after 6 months - 20% after 9 months - 20% after 12 months]
ETH peg : Unknown
% tokens sold : 5%
ETH/USD Raised : USD 3,000,000
Status : OVER

Round 2 : Strategic investors
Price per token : $0.09
Lock : [40% upfront - 40% after 6 months - 20% after 12 months]
ETH peg : Unknown
% tokens sold : 5%
ETH/USD Raised : USD 4,500,000
Status : ONGOING

Round 3 : Private Round
Price per token : $0.12
Bonus : Unknown
Lock : [40% upfront - 40% after 6 months - 20% after 12 months]
ETH peg : Unknown
% tokens sold : 8%
ETH/USD Raised : USD 9,600,000
Status : ONGOING

Round 4 : Public sale
Price per token : $0.15
Bonus : Unknown
Lock : NO LOCKUP
ETH peg : Unknown
% tokens to be sold : 2%
ETH/USD to be Raised : USD 2,900,000
Status : TBA

My Verdict : TBD (Few have raised red flags but nothing concrete yet)

#NotAFinancialAdvise #SayNoToShills
Trading pairs for ESSENTIA are available on BItfinex, but no official confirmation by either BItfinex or Essentia

https://www.bitfinex.com/t/ESS:USD
https://www.bitfinex.com/t/ESS:BTC
https://www.bitfinex.com/t/ESS:ETH

Currently trading at 1.5x-1.6x in ETH on Bilaxy
https://www.bilaxy.com/exchange#symbol=77
On Bitfinex
ETHIndia & Matic Network have announced pre-event of ETHIndia in Mumbai tomorrow.

They are starting a series of ETHSamosa talks where they will bring blockchain leaders from all around the world. The first set of panelists are from Coinbase, 0x, Decentraland & Balance.io

There is gonna be a free hands-on workshop for budding Ethereum developers/blockchain enthusiasts.

I'll be attending the event and if you are there as well, let's catch up.

For RSVP and Event Details - https://t.co/W87z65PTB6

Regarding Matic, from intial glance project looks quite good technically and team is hardworking.
This is one to watch project.
No info regarding token metrics though.
Detailed review will be out when they publish more info

Site : https://matic.network ( new site and WP will be released soon)
TG : @maticnetwork
New ICOs added :(Check-in 'Not Rated' tab)
Uranus, IOV, Orvium, Eloncity, Covalent, Hadron Cloud, RRChain, Ryzgo, Computable, CodexProtocol, JuraNetwork

Site: https://flipORhodl.com

Yes, you don't have to remember or bookmark ICO spreadsheet anymore.
You have to remember just these 3 words which you use daily.

'flip', 'OR', 'hoDl'

For now, the site will show the same spreadsheet as before but soon a full-fledged website will be integrated.

What does site intend to achieve?
The common investor does not have time to research multiple ICOs or reading lengthy reviews.
Everyone wants to know answers to the following questions.
1. Is this ICO worth investing?
2. Is this ICO a Flip or Hodl?

Those questions will be perfectly answered in coming updates to the site.

More updates will be coming to the spreadsheet and will be updated often now.

--------------------------------------------------------------------------------------------------------

General opinion on ICOs :
1.
A. There are just too many mediums or sources to get the opinion on an ICO. This confuses the common investor.
B. They can't differentiate between a shill or an honest view.
C. Everyone is an ICO expert/reviewer nowadays. Some are genuine, some are fake. (You can pay your way to get listed on reviewers sites/list.)
D. Everyone wants to open their own ICO telegram channel. Everyone trying to increase members count and spamming each other groups.
E. But why has this happened? People are taking these steps in an effort to get into those private sales, cause there is too much competition nowadays, but some don't understand that this is also not enough to get an allocation.

2.
A. Also, the VC scene has changed drastically. First, it was pools who created fake demand by oversubscribing ICOs and nowadays It's VCs.
B. Now, VCs are taking allocation that they don't need and selling it to pools at a premium, instant money.
C. So an ICO showing a list of VCs don't necessarily mean those VCs have invested in projects.
D. In my opinion, nowadays, VCs being involved in an ICO and that being a hyped factor is losing integrity cause we don't know if that VC has invested or just sold off the allocation.
E. ICO market trend is changing rapidly and ICOs are still giving good returns in the Bear market and as I said before, we are approaching that euphoria phase faster.

#NotAFinancialAdvise #SayNoToShills
That's how speculative crypto market is, if this would have been Google or Facebook, stock would have plummeted like a rock.
Many are flippers and holders and almost none of them uses network and thats why many don't know about this

https://twitter.com/CryptoMedicated/status/1015770146089168897?s=19

And we are waiting for token use case and adoption, where no one cares if token network is on or off.
Bancor Security Breach
Some info About Bancor :

Bancor is a Decentralized Liquidity Network that allows you to hold any Ethereum token and convert it to any other token in the network, with no counter party, at an automatically calculated price, using a simple web wallet.

Money raised in ICO : $153,000,000
Market cap : $138,473,595
ROI :
0.69x USD | 0.57x ETH | 0.31x BTC

Bancor got hacked and total $23.5M worth of crypto were compromised from the exchange.
Even with raising such hefty amount, they couldn't protect themselves.
They raised shitload for them but their Investors are holding worthless tokens with -50% of intial value.
That's the situation of ICOs and this is why 95% of them will die.
So, always be careful when you hold a coin for long term cause 95% of them will be worthless down the line.
DREP has reduced the overall Hard cap :

"To minimise the impact on our existing tokenomics and token metrics, the price per token during crowdsale will be reduced to $0.00770. The revised hardcap will be $19.8m."

Revised Crowdsale structure :
600m tokens, no discount, no lockup, to raise US$4.6m
ZEN protocol listed today on Bilaxy

Money Raised : $46,368,226
ICO ended : 24th December (6.5Months ago)
Trading at : 0.49x in USD (Bilaxy)

So much for the long wait of exchanges.
Who gained the most - ICO
Who lost the most - Investors

Also, OneLedger is listed on Kucoin, CoinEx
Currently trading at 0.83x in ETH of ICO price
ATONOMI tokens are unlocked

Trading on IDEX below ico price

https://idex.market/eth/atmi

Token sale price :
1 ETH : 9500 ATMI (~0.00010526 eth)

God save ICOs now releasing tokens in this market
Too much drama for the day...

ZEN protocol below ico price
Oneledger below ico price
Atonomi below ico price


No other ico would dare to release tokens now unless they don't care about token price

Had experienced same thing last year in October when we had ico depression period.
I had participated in cindicator ico but it had gone below ico and I bought shitload, sold it above 10x in 2-3 months after in last bull market. This is just one example.

Market is always temporary, let it be Bull or Bear

And the good news is, We are almost reaching at the bottom....
Be patient and you will be rewarded.
Remembering the golden days....Top 17 crypto prices in first week of January 2018
Check for more coins :
https://athcoinindex.com/marketcap/page/all
Coinbase has announced that it will announce in future, the possible announcement of announcing possible listing of 5 new ERC20 tokens.

https://blog.coinbase.com/coinbase-is-exploring-cardano-basic-attention-token-stellar-zcash-and-0x-9e44f0eb823f

While taking punt on this announcement, Kraken has also announced that they will possibly announce listing of all 1600 coinmarketcap coins after exploration.
They have also promised that we can trade diapers and baby formula on kraken

https://twitter.com/krakenfx/status/1017933203875622914?s=19

https://twitter.com/krakenfx/status/1017937024441974785?s=19
Dear supporters, @certikorg is releasing investment partners very soon. To fire up our great community, we are launching a Guess-Who game, please retweet with your guess at following quiz tweets, we are honored to have winners join our whitelist, happy guessing! #CertiK #CERTIK https://twitter.com/certikorg/status/1017474052259270658
Congratulations to all French nationals and supporters
🏆⚽️🍺🍻
What Happened with BitMax :

BitMax desperate for fundraising --->
Approch an influencer who can promote you, help build community and raise funds through public pooling which ICO already knows about--->
Fomo created --->
Other pools approch --->
Other institution approch --->
Change your tune to "we do not accept pools and we offer only to institution" --->
Refund the pools--->
Use & throw

Many ICOs have been pulling this shit from long time and there is no early supporter/investor protection at all if you are not an institution.
This has to change....