Post
Topic
Board Announcements (Altcoins)
Re: 💎[ANN][PING] CryptoPing: Altcoin Intelligence Bot | >11k users | ICO 25.05.2017
by
contemptx
on 02/06/2017, 12:08:08 UTC
Initially I was going to invest in this ICO, However with the team unwilling to disclose who they are just screams alarm bells, why if you had a solid product would you not disclose who was behind it?

I have tested the bot and although I have been initially impressed there are products already on the market that can do extactly what this does: "Coinigy"

$PING sole purpose will be for subscriptions to the product, this is a very limited scope of use.

This bot is really aimed at new traders, who will have little knowledge on altcoins to start with and will most likely stick to an exchange rather than having multiple wallets, so you are giving them another learning curve of trading their bitcoin for some $PING just to buy a subscription to this service.

For this reason I see subscriptions to be on the low side.

The only Plus I can see is that waves is trading at about $3.50+ and the ICO for this coin works out about $0.26 per $PING so because the coin is based on the waves platform then it may see atleast a multiple return if you quick enough to sell your share once it hits an exchange... other than that I do not see a long-term price in $PING unless the scope of its use is considered for other project uses.

I strongly feel that the team behind this needs to be disclosed for serious investors to come forward.