Zichain (ZCN) ICO Review and Rating

What is Zichain?

Zichain takes a leading role in creating a cryptocurrency asset management industry for private and institutional investors, combining best practices of traditional financial world with innovative technologies. We are developing an ecosystem comprised of several key products: a platform for starting and managing investment funds, news and market data provider with a marketplace for asset managers, and index funds based on a family of our own cryptocurrency indices.

Zichain ICO Review and Analysis

Review and analysis of Zichain by ICO analysts:

Strengths

Part of the team is well networked and endorsed by former colleagues and clients. Some of the team leaders have held significant and relevant responsibilities in their former positions
The team has parts of the envisioned services already online
Total initial valuation of $39M is not overwhelming if the team is able to build one of the four described products to be among the market leaders
Goals to build a crypto-fiat gateway, an exchange, a crypto-wiki, an investment fund management platform and a blockchain asset management platform are all potential utility token platforms
The provided materials indicate professional in depth industry knowledge and the website and white paper also look good
The team has successfully grown a large Facebook community, good media coverage

Potential concerns

Some of the contribution relevant information was pretty time consuming to find from the materials

What is Zichain’s value proposition?

At the moment, there are many decent projects that have released products or at least a prototype. However, all of them only specialize in a small part of investment process. Unlike competitors, Zichain develops a full-fledged ecosystem that opens access to financial infrastructure for investors and managers in one place. As for products and process optimization, we rely upon many years of our experience and best practices of the traditional financial world in order to lay the ground for future development of the crypto asset management industry.