Perlin

So a lot of you have heard about perlin and their lack of transparency regarding their token metrics. When I see an ico hide metrics, I usually pass and perlin was no exception. Was very surprised to see crypto briefing give it such a high rating without showing / telling its readers token metrics. I mean the headline for the review was "Perlin ICO Review And PERL Token Analysis"... Where was the token analysis? This raised serious eye brows in the general crypto community and upon further digging, people found out below metrics

Perlin Rough Metrics
Round 1 : Friends & Family
Price per token : $0.02
Lock : NO LOCK

Round 2 : Strategic investors
Price per token : $0.06
Lock : NO LOCK

Round 3 : Private Round 1
Price per token : $0.12
Lock : NO LOCK

Round 4 : Private Round 2
Price per token : $0.20
Lock : 3 MONTHS
Status : ONGOING

And finally

Round 5 : Public sale
Price per token : $0.25

From the above, round 1 is literally getting an instant 12.5x roi from crowdsale price, round 2 an instant 4x and these rounds don't have any lock ups.
Even a blind man can see this metrics is not just bad , it's atrocious. Perlin knows this hence why they don't want to be transparent about it. Perlin is a good project, good team as well but I'll rather buy on exchanges below ico price than invest right now.
HARD PASS

Anywyas crypto briefing have(has?) recently updated their perlin review and score ( from 9.6 to 7.1 now)
UPDATE: Perlin ICO Review And PERL Token Analysis

IMPORTANT NOTICE REGARDING THE PERLIN ICO
Our commitment to independence and honesty is what has made Crypto Briefing successful. But it’s our community that makes us special.

Many of you have written to us, concerned about the high scores we awarded to the Perlin project without being able to share some of the information that led to the review.

We understand that – and we’re grateful that most of you have been able to understand, in turn, that we have a duty to the projects that invite us to review them. We have to keep certain things under wraps until they’re ready to share them.

However, our Perlin scores were based on a couple of things that have not turned out to be entirely accurate.

The Perlin team accepted a round of funding that was unknown to us during the review process. That is their prerogative, it doesn’t suggest any deliberate attempt to mislead us, it’s simply new information.

More seriously, we were under the impression that Perlin intended to publish a revised whitepaper and unveil their project in a timely manner. Although there may be many reasons for the delay, we published our review based on this understanding.

And since these lapses in communication have clearly undermined some of the strong support in the community that we saw early on, we must now adapt our ratings.

We are still big fans of the project, the tech, and the team – but we have a responsibility to ensure that our review is as accurate as possible.

We will continue to bring you projects that are based, to some degree, on confidential information; and we will be clearer than ever with project teams that such information needs to be accurate, timely, and unlikely to change substantially.

I am glad to see the crypto community do their own DD and call out projects that are not transparent. Hope this continues for future shady projects.

$BTC with another big move but still has not broke rising wedge pattern

All scores are updated. If you want to add some more ICOs on it, please let us know in our chat @topicoreviewschat 💥

Spreadsheet link:
https://goo.gl/s7KWZA

Best upcomming projects:
🚀 Origo 93.69%
✈ Hadron 91.80%
🚁 Libra Credit 91.53%
🚄 nOS 91.10%
🚂 Wemark 90.14%
🚎 Harmony 91.72%

​​CryptoDiffer WEEKLY

Last week events:

ICOs which have successfully raised their hardcap last week:
▪️Sparkster has raised 30 M USD.
▪️0xcert Protocol ICO has raised 20K ETH. 4,175.48 ETH were raised in 96 min during the crowd sale.

▪️Hardcap is not reached or information is missing: Carboneum, DACC, ShareRing.

Listings:
▪️Essentia was listed on Bitfinex, currently ESS is traded approximately 0.74x from ICO price in ETH.
▪️GoNetwork was listed on Bitforex, Hotbit, Coinbene, currently GOT is traded approximately 1.3x from ICO price in ETH.
▪️Mainframe was listed on Binance, currently MFT is traded approximately 7x from ICO price in ETH.
▪️Cardstack was listed on CoinEx, BitForex, IDEX, currently CARD is traded approximately 0.53x from ICO price in ETH.

​🌟 🌟 🌟🌟 🌟 UPDATES 🌟 🌟 🌟🌟 🌟

-​​ Bancor DEX reports security breach.

-The VeChain Foundation Invests in MXC (currently rated B+ in my sheet)

-Binance eyes Record Profits in 2018

-DREP Foundation ＃1 AMA Summary

-The Swiss stock exchange is launching its own cryptocurrency exchangewith digital asset custody.

-Syscoin gives extended debrief on Binance incident.

-​​Stellar has announced StellarX: a user-friendly way to trade all types of assets — fiat, crypto, bonds, whatever — cheaply and quickly while maintaining sole control of your keys

-HEY HEY HEY YouTube Added as Defendant in Class Action Lawsuit Against BitConnect

- Ethfinex To List Atonomi when its unlocked. Gate.io already has trading pairs for atonomi too

-To all US investors, Crypto Exchange Huobi Opens Registration on New US-Based 'Strategic Partner' Platform HBUS. Suggest you go register. Gemini and coinbase have a new competitor.

-Ledger launches Ledger Live: Your accounts. All in one place.The perfect companion for your Ledger devices . You can watch a video presentation on it.

-Do you think you might be addicted to cryptocurrency trading? Getting Help with Cryptocurrency Addiction.

-The newly-promoted English Premier League side Wolverhampton Wanderers will sport cryptocurrency exchange platform CoinDeal on its sleeve/ When Binance on Manchester United Jersey?

-​​California-based blockchain-adoption startup Oasis Labs raises $45m from Binance, Pantera Capital and others.

-Ethereum Casper Update Expected in 2019, Sharding in 2020.

-Billionaire Google Co-Founder Sergey Brin is an Ethereum Miner.


READ OF THE DAY

ICO returns study with ICODrops (part 3) by Walruscap. Their Part 2 is also an interesting read.

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OneLedger will be listed on KuCoin and Coinex as of today! It is already trading on Idex unofficially.

Good read guys!

https://hackernoon.com/dear-cryptocurrency-investors-theyre-trying-to-trick-you-6639f46ba416

Be aware guys: https://www.reddit.com/r/etherscan/comments/91832m/1337_popup_appearing_on_etherscan/

Somethig fishy is goig on.. 🐡

Check most promising upcoming ICOs on our spreadsheet:

https://goo.gl/s7KWZA

💎💎💎 ChromaWay 91.94%
💎💎 Harmony 91.72%
💎 Libra Credit 91.53%
💍💍💍 Jura 91.21%
💍💍 nOS 91.10%
💍 Origo 90.96%
😍😍 AERGO 90.44%
😍 Wemark 90.14%

Hey Guys, if you want honest reviews of ICOs, one of my friend has a good channel where he provides unbiased ICO reviews.

📢 Subscribe to his channel: @primei_co_ANN 💥

💎 Amazing read!! 💎

... A project launches an ICO and brings in a decent amount of money. Ideally, that money should be used to build the product or service and add value to the project by allowing the company to hire more developers, fund more marketing, etc.

But instead, what happens so often is the ICO gets immediately put under an incredible amount of pressure from early contributors who got the deepest discounts (or biggest bonuses) to list on a major exchange as soon as possible. These contributors, who only play the short game, don’t care about the project or the crypto community. They’re here to arbitrage their connections and their ability to negotiate discounts as high as 90%, in order to monetize their gains and move on to the next desperate ICO who needs their ETH to help separate themselves from the rest of the ICO noise.

In order to satisfy the early flippers, ICOs need to pay an enormous listing fee to a major exchange. We’ve heard of Binance increasing their listing fee from $2m to a whopping $6 million, due to demand. And even if the project can come up with that astonishing amount, there’s still no guarantee that the exchange will list you. In our case, that means we would have to spend over 10% of our total raise, or over 10 cents of every contributor’s dollar just to list on Binance. It’s hard to justify how this listing could provide that much benefit to the token holders

Next, many major exchanges require that you retain the services of specific bots what’s known as market MAKERS (MM).

In simple terms, a MM is an entity that will make sure that their computer lists at least 10 buy orders and 10 sell orders on the exchange at any time. Some exchanges require 20 orders on each side, or even more. The job of the MM is to make it appear as though there is significant activity and liquidity on the market on both sides, and to generate the appearance of high volume.

This volume and low spreads gives speculators the artificial comfort that they can get in and out of positions at any time even if there is no real buyers or sellers on the other side. It is estimated that close to 90% of all trades on exchanges are with such bots and not humans. The MM does not take any financial risk or benefit the token holders, as they merely create liquidity, but do not change the direction of price or net volumes over time.

MMs are not free, and it’s typically up to the ICO to pay for the services of the market maker. Naturally, those services are not cheap, and not surprisingly, the exchanges will happily put you in touch with, or force you to work with, a specific company which in many cases also represents the exchanges’ best interests.

Not only that, but exchanges often have a third fee. That is, the exchanges will demand a deposit of up to millions of coins or tokens from the ICO in what they call a “liquidity deposit” or charge.

Now, the exchange has the ICO’s coins, a market maker, and an army of speculators. They lay in wait for just the right time to front-run their own clients (the ICOs and users of their platform) and then short the market for said coin using the coins given to them on deposit by the ICO to try and earn obscene profits by watching the project pump and dump all the way down the price charts.

As these exchanges can see the trading volume and movement before you, they always win. If you have perfect timing and people in the know, you can make some money in this game, but most will eventually suffer terrible losses.

Binance announced that they plan to earn a profit of $1 billion this year. That money doesn’t just appear out of thin air. Instead, it was collected from ICOs in the form of these sky high fees, trading in front of their client orders and shorting their own listed coins. That billion dollars Binance pocketed for itself (and that includes the distributions they make to their own BNB coin holders) doesn’t benefit the crypto community in the long term.....

- Alex Mashinsky, CEO of Celsius Network

How Cryptocurrency Exchanges Extract Profit from Everyone.

Do you guys believe what he wrote?

💎 Guys I suggest you check Mandala Exchange: https://goo.gl/CLeHZK

Their tokens called MDX (like BNB for Binance), are tradnig on etherdelta and forkdelta for around 3-4x which is awesome in this market.

Our oppinion is that Mandala Exchange is going to be big real soon. ⚡