Midex ICO review Token sale Live now

The Midex project is an incredibly ambitious project, perhaps the most ambitious project in the cryptocurrency space. Which is saying something because a large portion of the coins on the market are ambitious projects with varying levels substance atm. This Midex project is offering so many things I won't even get into all of them in detail because I want this review to be short enough that people actually read it instead of just skipping it because it's 50 pages long.

So the Midex project is offering:

Cryptocurrency exchange, Exchange service, Escrow, Web-platform, Quotes aggregator, P2P loans marketplace, Asset management, Acceptance of payments, Trading API, Mobile applications, PI liсense, Participation in SWIFT, Blockchain, Bank license, Saving accounts, Settlement accounts, Issue of plastic cards, Asset Management marketplace, Mining pool hub, Crypto Exchange aggregation, Cryptomats, Creation of Midex Coin, Lending, Educational program, MidexSecure system, Social trade network, Venture investment, Insurance, Broker services, ICO Marketplace, Premium Insurance, Social trading network.

They have a good amount done already. You can see their road map with my affiliate link to their site: https://click.runcpa.com/getoffer/61319-88a82cefcd0c478d1696dc8f518ff0a9-1056

Midex is setting up to be a one stop shop for all your Cryptocurrency needs. They already have an exchange that is up and live so you are getting a finished product instead of only a speculative product (which a large number of the top 100 coins are only speculative atm). The services that excite me the most are:

• Cross platform trading, which would allow you to safely and securely trade across multiple exchanges all at the same time. This would give you an extreme advantage to react to market shifts collect arbitrage across multiple exchanges. In general it would make trading easier for new users and provide extra utility for experienced users.

• Crypto credit card, obviously we don't have mass adoption yet so you can't use crypto everywhere. This allows you to load crypto onto a card and use it just like regular fiat currency. It puts in a market order at the time of your purchase for the best available price of the crypto you have loaded onto your card. Midex converts it into whatever local fiat currency you need at that time.

• Business integration, Allows business to easily and securely accept crypto for their goods and services. Everything is converted however they see fit. I.E. Straight to local fiat or another crypto of their choosing.

• Midex token holders receive 20% of the daily commissions from exchange trading and other services. This is obviously similar to like Kucoin or Coss. The difference here being that you will be receiving funds from their other services and this platform is boasting a plethora of them.

So there are some of the services this token will represent please check the link above or at the bottom of the page to see the full roadmap of services that are finished, coming soon, or for later development.

The most important part of evaluating an ICO is if the token is tied into their product. The team could be incredible and the idea could be revolutionary but none of that matters to your investment in their token if it isn't tied to the platforms growth. This token is definitely tied to the platform growth, the 20% commission alone guarantees that but it also has a few other benefits like discounts on withdrawals and increased limits as well as possible exchanging tokens into shares of the company in the future.

On to token economics another very important consideration. 75,000,000 MDX hard cap.

• 65% for sale in the ICO
• 20% Team
• 7% Advisors & Ambassadors
• 8% All Bounties

This is a good number of the tokens to be available at launch I'm usually looking for between 60-70% tokens for sale in the ICO. You don't want a large number of tokens held in reserve as they will later come into the market and dilute the price. You also want to team to have a fair number of tokens as it keeps them hungry and invested as they are doubly working for their future. The token price is 1 usd per. They did do a small pre-ico sale and those tokens were 0.75usd. The good thing about that is they didn't allow very many tokens to be sold at that price less then 5 million so it shouldn't be an issue (some ICO's with huge discounts early have big investors dump right off the start as they got in so cheap compared to the regular ICO price). I don't see that as being a possibility here.

Some quick ~ math here to figure out this ICOs coinmarketcap place once it hits it's hard cap. I'm going to make the assumption that 5 million were sold at 0.75 in the pre-ico sale and the rest are sold 70 million at 1.00 usd.

• 0.75 x 5,000,000 + 70,000,00 x 1.00 = 73,750,000 market cap

This means around 140th at CMC right now. So this tells me this isn't an token that is going to 3x or 10x right out of the gate. I do find it reasonable to see it 2x very quickly putting it in the top 100 near 90th. This is possible because Midex is going live with a finished product that provides passive income and as I've stated before a good number of the top 100 coins are only speculative atm. The ICO sale is live now and is running until April 15th or the hard cap is reached.

This is among the highest market cap ICO I've invested in. I usually like investing in projects that have a far lower market cap when coming to market. I'm investing in this one because of the breadth of services provided along with the passive income available right off the start. I only write reviews on projects I'm personally investing in. I am looking at this as a longer term investment, it should see good speculative gains as well as the 20% passive income from the exchange I expect to see good returns from this ICO in the short term increasing steadily thru the long term. If this review has helped you here is my referral link: https://click.runcpa.com/getoffer/61319-88a82cefcd0c478d1696dc8f518ff0a9-1056

Final note, I am not your financial adviser. Please, Please do your own research if this project looks interesting to you and good luck.