Traceto.io - How Token Sale Factors Impact On Gaining Profit Ability ?
Hi guys, after my last Traceto posts review, there are some people are care about this project and ask me about the information of ICO sale, not only team leader, advisers, partners, technology information are important to success of ICO project, the token sale information also affect a lot on gaining profit ability of that project such as token lock time, number of token used for private sale, hard cap, the total supply token, etc. All of those factors are necessary information for every investor when they research about a new project. Now I will show you the information about token sale information of Traceto and analyze it. Remember that I only analyze and give the information that affect to success of project, not all information.
- Traceto have a pretty small hard cap : 35000 ETH. Supposed that ETH price will be $800 (at the time I write this), and the hard cap of Traceto reached, so the market cap of this project will be 35000*800= $28,000,000, this is great number of capital because it is not too high, so there will be more opportunity to get more profit, at this time Civic (competitor of Traceto) has $141,000,000 market cap, and the total market cap is about $450,000,000. I believe that Traceto will be listed on good time when market is bullish, Traceto will reach at least the market cap of Civic right now, so you may have ability to get about 5x profit in USD value, and in my own opinion, Traceto can get higher value than that.
Value of T2T is small, the price of a T2T token is 0.0000875 ETH, so with ETH=$800, T2T=0.07$ only, the smaller price of token is, the higher chance to be pumped on exchange, this is just my own opinion because I used to see much trash coin with price = 1sts, they are pumped by sharks in the market from 10 to 20 sts very quick, and the token with ICO price from $0.5 to $1 have fewer chance to do that.
Traceto has good token contribution and distribution, they have 1,000,000,000 token in total, but only 40% are used for token sale, and their team and advisers keep up to 25%, that means their team will have more power to control their market, many other projects use 60-70% for sale and their team just keep 10%, so price of their token will be controlled by the market and sharks, it is good signal if Traceto team can control price because no one of them want T2T has low price. Moreover, they only use 15% of their capital for business development and marketing activities only, I know many project use 30%-40% for marketing, their project get so much hype but almost fake, and their product have nothing, but Traceto focus their money on development activities, they do not need fake hype, just need real investor, this is very good signal, I will never invest in a project that have marketing pool more than 25%.
- Traceto has low bounty and bonus pool, their bounty pool is 0.5% (2,000,000 T2T) and bonus is 15% only for private sale and bonus will be locked for 3 months, many other project have bonus up to 50% and bounty pool 5%-8%, this will kill project when it is listed on exchange, bounty participants and private sale investors will sell own their free and bonus token, this will make price dump significantly. Traceto create very appropriate bounty and bonus pool, attractive enough but not too much.
These token sale information are very important to me to analyze and make decision to invest in new project, but Traceto have a good plan for their ICO. I think this is pretty good project to invest, your choice.
Some links related to Traceto.io :
Website : https://traceto.io/
Telegram : https://t.me/tracetoio
Ann Thread : https://bitcointalk.org/index.php?topic=2911588.0
Bounty Thread : https://bitcointalk.org/index.php?topic=3439768
Twitter : https://twitter.com/tracetoio
Facebook : https://www.facebook.com/traceto.io