Bitserial ICO Review
There's not long left to participate in the Bitserial ICO with their website showing less than 2 million tokens left.
What's Bitserial?
https://bitserial.io?sp=danbitcoin1
They're a new lending platform similar to Bitconnect that's launching its ICO. The platform claims to trade the cryptocurrency market and offers high interest rates in return for investing with them.
The rise of lending platforms
2017 has seen the cryptocurrency market rise quickly with the total market cap now at over $170 billion. Along with this rise has been the introduction of many different industries to the market.
Recently there's been platforms claiming that they can make users upwards of 1% profit per day by utilizing trading bots that traded on the volatility of bitcoin.
Bitconnect started this trend with their ICO in late 2016, since then their token has risen from just $0.5 up to well over $200, they're now ranked in the top 10 cryptocurrencies with a total market cap of over $1.5 billion.
More recently there's been a lot of new platforms popping up that offer investors high rewards, please note that these investments are highly risky.
Lending plans
The new website states that they'll launch their lending plans once their ICO is finished, they plan to offer interest of up to 45% per month depending on the plan you select. Investment amounts can range from as little as $100 all the way up to $100,000. The length of time your capital is held depends upon the amount of capital you invest with the period ranging from 100-139 days.
BitSerial ICO details
The ICO is split into 3 stages with stage 1 already complete. The final 2 stages offer 1 million tokens each.
- Circulating supply: 8 million
- Price: Currently $0.75 with a 5% bonus available
- Token type: ERC20
Referral Program
As with most of these platforms they receive most of their users by offering a referral program. Their program offers 8% on the first level with additional bonuses down to level 5. They also offer a pairing bonus depending on the sales you get on each leg.
Reasons to invest
I personally don't trust these types of websites atall, however after investing small amounts into Bitconnect and Regalcoin I was able to make a lot of money. I wouldn't recommend investing any more than you can afford to lose.
However I view it as a good calculated risk, if the worst happens then I may lose the $500 I'm investing, however there's the chance to gain 100x plus profits as I did with Bitconnect.
Conclusion
The platform doesn't offer any details on their trading history, as with their competitors. However a small investment may be worthwhile but please be reminded that it's basically gambling, however if history of similar platforms is anything to go by then the odds should be in your favour if you get in early.
Signing up with my link will grant you instant access to the platform:
https://bitserial.io?sp=danbitcoin1