Post
Topic
Board Altcoin Discussion
Re: Help a noob. What is your opinion on this ICO?
by
pedrog
on 04/01/2018, 15:15:34 UTC
What's the token utility?

What can you do with it?

It seems it's just a tool for fund raising, there's no reason for future demand.

Looks quite good, i wish them good luck.
curious, is it a utility token though?

Here's from the white paper:

The use of the token will be carried out as an internal currency for payments in the marketplace. It will
be used as follows:
• To allow purchases of software or devices in the marketplace.
• To pay for work of developers writing code for the needs of the Neurogress-based projects.
• To carry out contracts in the platform between customers and contractors to provide services
for writing additional software, design applications and / or device prototypes.
• To pay for the work of users and developers who participate in the improvement and training of
algorithms used for the platform and Neurogress software enhancements, as well as to create a
database of neuro-algorithms.

I seriously doubt they will only accept their own token as means of payment for their products, and I doubt even more people will work for them in exchange of those tokens.

It's like I make an ICO for an online t-shirt shop and then people can only buy t-shirts in my shop with those tokens.

It's stupid.