What is Silvertoken about?
When you purchase or hold SilverTokens you are the owner of the equivalent amount of 99.9% pure silver bullion. SilverToken are redeemable for the silver they represent.
When you send SilverTokens the sender pays a 1% transaction fee, and 2/3’s of this fee is used to purchase more silver to increase the silver to SilverToken ratio which increases the value of every SilverToken in circulation.
Silvertoken ICO Review and Analysis
Review and analysis of Silvertoken by ICO analysts:
Strengths
- Tokenizing silver might prove a solution for low-risk level investors willing to enter crypto
- Solves the problems associated with buying physical silver
Potential concerns
- Key details were hard to find
- Some of the LinkedIn profiles weren’t linked to the project
- Very high hard cap of 500M USD
Silvertoken ICO Rating: B
Silvertoken rating breakdown by ICO analysts - Learn more about the rating and grading here
| Rating category | Rating | Comments |
|---|
| Team legitimity | 3.55 | |
| LinkedIn Profiles | 3 | Some of the profiles weren't linked to the project |
| Background of Lead Team Members | 3.75 | |
| Team Assembly and Commitment | 3 | |
| Team Skill Set Relevance | 4 | |
| Team Skill Set Balance (biz / tech / blockchain) | 4 | |
| First Impression | 3 | Medium |
| Potential of tokenization model | 3.7 | |
| Blockchain Development | 4 | |
| Disruptive Blockchain Advantage | 3.5 | |
| Need for a Custom Token (vs. BTC or ETH) | 4.5 | Tokenizing silver needs a custom token |
| System Decentralization (besides token) | 3 | |
| Contribution to Blockchain Ecosystem | 3.5 | |
| Hard Cap | 2.25 | Absurdly high hard cap of 500M USD |
| Token allocation + Fund allocation | 3 | |
| Professionalism of the available material | 2.2 | Key details not easily found |
| Comprehensiveness | 2 | |
| Readability | 2 | |
| Transparency | 3 | |
| Business Plan Presentation | 2 | |
| Technology Presentation | 2 | |
| Realism of the roadmap compared to the team size and budget | 2.15 | |
| Concreteness | 2 | |
| Feasiblity | 2 | |
| Vision | 2.75 | |
| Dependencies (other services or capabilities required) | 2 | |
| Current Position | 2 | |
| Partnership network | 3.25 | Some cryto-related partnerships established |
| Background of the managing organization | | |
| Size of social media communities | 1 | Extremely small social media channels at the time of review |
| Reviews on other ICO sites and media | 3.5 | Some reviews and media articles found on organic Google searches at the time of review |
| Is it easy to find the relevant information from the provided materials? | 2 | |
