EveryCoin ICO Review - Multi-Blockchain Bringing Finance to the Unbanked
What is EveryCoin?
EveryCoin is the way to enter the Aaron platform, invest as much money as you want, convert it in the exchange or withdraw. It cooperates with TabiPay which is another part of the platform and which provides you a bank-free service with a bunch of banking service facilities. With Aaron wallet and Aaron exchange the platform creates the ultimate solution as easy-to-use financial platform.
What is TabiPay?
TabiPay is a stablecoin, that is pegged 1:1 with the Thailand Baht. Not all stablecoins are created equal, and we can easily argue that TabiPay has superior features that some of the popular existing stablecoins. Here is a comparison table:
With other advantages, the developers have also provided a guarantee of issuance. TabiPay is issued within the value limits of Everycoin. FIAT Currency's reserved deposit is fully escrowed to the bank for double security.
The TabiPay Beta version is scheduled for Q1 2019, as well as the EveryCoin Global Exchange.
Team and Advisors
The team is solid and experienced with 12 core team members and 15 advisors. All of them can be verified in LinkedIn. The team is comprised mostly from Thai professionals.
TGE Review
Tokens will be distributed step by step after the date of each sales period. During the TGE (Token Generation Event) period, when Ethereum "ERC20" tokens are distributed, EYC tokens can be exchanged in open trades before Aaron Blockchain is activated. 40% of the coins issued are offered for sale.
Summary
The project solves big problems, mainly it gives access to finance to the unbanked. This has been identified as one of the most useful and anticipated benefits from the blockchain technology. With their experienced team and a very good vision, this is a serious project with great prospects of success.
Useful Links:
EveryCoin's official website : https://www.everycoin.io
Telegram : https://t.me/aaron_platform
My ETH address: 0xe9A956574cc68E85Acf5B8Db918592dEB9869848
I won't comment on the project, but I like the clean and structured way you are doing your reviews, Dinko! Keep up the good work :)