Taylor ICO Review!

in #taylorico7 years ago (edited)

Taylor

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Overview:

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What Is It?

Taylor,referred to from here on out as, TAY, is a crypto trading assistant. What this means in terms of this platform, is that their automated bot signals you when a market has dumped, allows you to enter a trade with your own margins, and has a automated stop loss program. An all around a great(in my opinion) crypto-scalping tool.

How It Works

I'll let them explain this for you.

The service consists of a market monitor bot, a mobile application, and a trading operations automation bot. The market monitor bot continually monitors several markets, or currency pairs, in the exchanges supported by the service. Initially, we will support Bittrex and Poloniex, given the variety of cryptocurrencies and volume of
operations.

When a trading opportunity is identified (signal), the market monitor bot notifies users through the Taylor
mobile application. Once notified, users will have the opportunity, through the application interface, to analyze
the signal/opportunity (price, quality, volume, charts, etc.) and decide if they wish to enter into that trade. Upon
deciding to trade, the user will only have to choose the amount to be invested and the desired profit target, within
a range of possibilities appropriate to the strategy used by the signal service. In the case of the scalping strategy,
the desired profit options will be 1%, 2% or 3%. Different strategies may present different earning possibilities.

Once your desired profitis reached the automated service sells it for you!

KYC?

Yes, KYC is required by this project to adhere to all European Union regulations.

Country Restrictions?

* Not available to U.S. citizens! *

How Did I Hear About This?

I decided to add this category because it's always good to know how people hear about projects. I find all the ICOs I invest in on Coinschedule.

CoinSchedule

Community

The community on this one is not very big. I suspect the reason behind this is because there is not a lot of money for them to promote like some of the other big ICOs.
In many terms this can be a good thing because, we could be getting in on this early, there's not A LOT of interest but there's definitely some. There are also some big promoting advisors , or as they call "crypto influencers", on their advisors lists. Keep in mind this ICO hasn't started yet.

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Team

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This is not all the team just the two founders. Overall the team has the development experience, a working product, and quite a bit of experience in their fields. I think they should be a great team!

Website

The website is very well designed. Overall functionality of the website is 100%, and honestly, it's a pretty beautiful design. They definitely have web dev and design experience.

Token Usability

One usability I found for the token is, if you hold, by staking, a certain amount of TAY, you will be able to access the crypto-scalping program for free. The crypto-scalping program is a monthly fee, which isn't very expensive at all, and can be paid for either by credit card, btc, or TAY tokens, which is the second usability for the tokens, you can use them to buy access to the program. If users use the program daily and keep staking their tokens, it will eventually bring a lower supply of TAY tokens available, and hopefully a higher price!

Summary

I will not be participating in this one, because I am a U.S. citizen. I am aware there are ways around this but I choose to stay within my legal bounds. If I had the opportunity, legally, I would definitely participate. I think this tool could be great for making small day to day profits for anyone!

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* REMINDER! Anything stated in this review should not be considered Financial Advise. This is my personal opinion. *