Blockonomics (BCK) ICO Review and Rating

What is Blockonomics about‍

Blockonomics started as a wallet watcher and blockexplorer in 2015, and has been continuously innovating with the latest in Bitcoin technology. Blockonomics is a decentralized and permissionless Bitcoin payment solution, where our services enhance the functionality of the wallets you already own. Our goal is to continue allowing you to accept Bitcoin directly, whether you’re invoicing, receiving donations, or running an e-commerce store. Blockonomics strongly believes the power of Bitcoin is in decentralization and cryptography.

Blockonomics ICO Review and Analysis

Review and analysis of Blockonomics by ICO analysts:

‍Strengths

Compact and ambitious team that seems to be quite flexible
Roadmap seems realistic and achievable considering the hard cap
Good sized social media communities acquired
Already has established product

Potential concerns

Team members don’t seem to be that well networked
Many established and relevant competitors that provide similar services
Token model seems effective only if customers are willing to pay with the native token

Value proposition

Blockonomics is a decentralized and permissionless payment solution. It helps accept crypto payments through various e-commerce platform. It also has various tools like blockexplorer/wallet watcher that help user to easily use crypto.‍

Blockonomics is not a custodial payment gateway. It never holds your private keys, unlike other services that hold/monitor your funds. All payments go directly to merchant wallet. It is also permissionless like crypto, no KYC/documentation is required to get onboard. Only an emailid is necessary.

‍

The BCK token

‍Total number of tokens – 1,000,000,000
‍BCK token price – 0.02USD
‍Whitelist – Not required

‍

Token Ecosystem:

There are 2000+ merchants worldwide using blockonomics to accept crypto payments. They will be accepting BCK without any extra work. This is in addition to several other partners Accepting BCK help merchants reduce fee and consumers to get bonuses/rewards.

‍