Cryptograin ICO review

Hey whales! 

Here is my review on one interesting project - Cryptograin.

Summary

 Project name: Cryptograin

ICO date: 25.06.2018 - 29.08.2018

Hard cap: 12 750 000 $

Token type: ERC20

Hype level: low

Project Overview

 What does the company/project do? 

 Cryptograin is a service provided through a mobile application and a web-version. It allows accumulating personal savings in fiat and cryptocurrency assets in automatic and semiautomatic mode.  

Everyone knows that accumulating wealth is not an easy task and Cryptograin is aiming to help solve this problem  by providing a high-quality and simple tool for saving. 

 In Cryptograin mobile application, a user gets the access to the digital wallet which allows accumulating in fiat and crypto currencies, making payments, and executing exchange transactions with the help of simple and user-friendly interface. 

 How advanced is the project? 

Idea of the project appeared in 2017 and for now demo versions of mobile and web applications are developed. Full vesion of the platform will go live in Q2 2019. 

Opportunities

- the project helps to solve a very important problem and while cryptocurrencies get more adoption it will help Cryptograin to succeed 

- Cryptograin already has MVP, this shows competence of the team in the field of product development, it`s very important now as most of the projects have just a whitepaper

- project have already collected more than 4 mln. $ from investors and reached their softcap, so this guarantees that Cryptograin will have enough funds to launch its platform 

Concerns

- hype level of the project is relatively low, so hardly to expect that will be any unmet demand for Cryptograin`s tokens post ICO

- project`s team mostly consists from developers and only one person is responsible for business development

 Conclusion

Short term potential: Neutral

Market awareness of the project is relatively low and current market conditions are poor so I have neutral view on flipping potential of the Cryptograin.

Long term potential: Neutral

Althought there is some product already developed I don`t see among team members many professionals with strong business experience, so it`s unclear how Cryptograin is going to execute their business strategy in the long run.  

 For more information about the ICO, please visit the following links: 

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[25 June, 2018 - 29 August, 2018]
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Twitter: https://twitter.com/cryptograin_io
Facebook: https://www.facebook.com/cryptograin
Telegram: https://t.me/cryptograin
YouTube: https://www.youtube.com/watch?v=PFdKO8-EfNs
Whitepaper: https://cryptograin.io/whitepaper
Website: https://cryptograin.io 

Author https://bitcointalk.org/index.php?action=profile;u=1164964