What is AsicVault about?
Each of AsicVault secure chips can support thousands of users with their private keys kept in a completely segregated manner. This allows us to build first secure Online Hardware Vault as well as build first secure Decentralized Crypto Exchange. AsicFuel (AVF) will be used as a native coin for fee settlement, discounts and more.
What are the value drivers behind AsicVault token price?
The main value drivers behind the AsiVault token price is the demand for benefits that can be received by using the token in the AsicVault ecosystem and AsicFuel burning. Examples of such benefits in the ecosystem usage would include settling transaction fees and trading at discounted rates. AsicFuel burning reduces the circulating supply of AVF which in turn increases the price if the demand stays the same as before burning.
AsicVault ICO Review and Analysis
Review and analysis of AsicVault by ICO analysts:
Strengths
- The project has an unique value proposition that challenges the simple hardware wallets by introducing an advanced cryptocurrency vault
- Clearly and carefully defined MPV presented on the ICO website
- The project has already established relevant industry and media partnerships
Potential concerns
- Not all team members are linked to the ICO on LinkedIn
- At the time of the review the ICO has a very small social media following
- The hardcap of the project 59.9m usd is quite high from ICO investor’s point of view
AsicVault ICO Rating: BB
AsicVault rating breakdown by ICO analysts - Learn more about the rating and grading here
| Rating category | How to evaluate | Rating |
|---|
| Team legitimity | How experienced is the team in terms of blockchain and project industry track records? | 3.25 |
| First Impression | What kind of first impression the ICO website and whitepaper gives? | 3.75 |
| Potential of tokenization model | How appealing is the token from both project business and ICO investor's point of view? | 3.4 |
| Hard Cap | Is the hard cap of the ICO appealing from investor's point of view? | 2 |
| Token allocation + Fund allocation | How are the tokens allocated after token generation? How are the funds raised from the ICO going to be distributed in moving forward with the project? | 3.5 |
| Professionalism of the available material | How good are the marketing materials of the ICO? | 3.6 |
| Realism of the roadmap compared to the team size and budget | The roadmap is divided into 4 tiers according to different amounts of money raised | 2.8 |
| Partnership network | Has the ICO announced partnerships, if so how big and credible companies are they? | 4 |
| Background of the managing organization | Has the managing organization a successful track record in business? | NA |
| Size of social media communities | How big are social media communities, especially Telegram and Twitter following? | 1.5 |
| Reviews on other ICO sites and media | Are there other reviews of the ICO available? | 3.25 |
| Is it easy to find the relevant information from the provided materials? | Is it easy to find the relevant information from the provided materials? | 4 |
