What is TrustBar about?
TrustBar is a Decentralized Cross-Chain Exchange. TrustBar is a highly anticipated project that is creating a decentralized cryptocurrency exchange on the NEO blockchain. TrustBar is a decentralized crypto exchange that enables an individual or institutions to trade with another cryptocurrencies and tokens. Using a smart matching engine, TrustBar enables the seamless cross-chain exchanges of currencies and tokens. The exchange will deliver state of the art security while also providing speed and ease of use.
What are the value drivers behind TrustBar token price?
The main value drivers behind TrustBar token price is the estimated future cash flow which affects the dividends, trading fee discounts and token buyback scheme. Investors who purchase a minimum of 2000 TSB will receive monthly dividends from the profits generated from the exchange. Token holders will also receive trading fee discounts. Once the exchange is up and running a buyback scheme will be implemented where tokens will be bought on the open market and burned.
TrustBar ICO Review and Analysis
Review and analysis of TrustBar by ICO analysts:
Strengths
- The project has great visuals of marketing materials to attract investors
- Overall tokenomics of the project seem balanced and there are no glaring flaws in this area
- Token holders with at least 2000 tokens will receive monthly dividends from project profits, which is a great value driver for the token price combined with the token buyback program
- At the time of the review the project has established a decent media coverage and strong community support with over 13k Telegram and 10k Twitter followers
Potential concerns
- Hard cap of the project, 35M usd, is a bit on the higher side of ICOs
- Some of the team members are a bit less well-connected on LinkedIn, although they also seem to have more business experience than average ICO founders
TrustBar ICO Rating: A
TrustBar 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? | 3.6 |
| First Impression | What kind of first impression the ICO website and whitepaper gives? | 4.25 |
| Potential of tokenization model | How appealing is the token from both project business and ICO investor's point of view? | 3.85 |
| Hard Cap | Is the hard cap of the ICO appealing from investor's point of view? | 3.25 |
| 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? | 3.1 |
| 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 | 3.2 |
| Partnership network | Has the ICO announced partnerships, if so how big and credible companies are they? | 3.5 |
| 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? | 4 |
| Reviews on other ICO sites and media | Are there other reviews of the ICO available? | 4.25 |
| 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 |
