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New Altcoin Announcement Reviews

Jan 7th, 2017
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  1. Disclaimers and Other Information
  2. =================================
  3.  
  4. 1. All reviews are my own opinion only and are based on a custom scoring system personal to myself. The system results in a summary of the coin and a percentage score. The lower the percentage the worse or more risky the coin is (my opinion only).
  5. 2. The same scoring system is used for all reviews and is based ONLY on information provided in the Bitcointalk announcement for the coin. At my discretion I may ask questions about the proposed coin in reply to the bitcointalk ann before producing a review.
  6. 3. A repeat review can be made upon request if the coin information or its parameters are changed or added to.
  7. 4. Investing time, equipment or money in any cryptocurrency is very risky and you are unlikely to make a profit. It is very possible that you will lose all your investment.
  8. 5. Please make your own checks, perform research and get financial advice before investing in a cryptocurrency.
  9. 6. I shall not be held liable for any damage to any coin reputation or price as a result of publishing any review. I am providing a public service and all coins will be treated equally and with the same scoring system.
  10. 7. Reviews will be published on Tumblr and linked in reply to the Bitcointalk announcement for the coin and on my twitter account.
  11.  
  12. General
  13. =======
  14. The aims of reviewing a coin upon announcement are:
  15.  
  16. 1. To encourage coin creators to give clear and good information in their announcements on day 1
  17. 2. To provide potential investors, traders and users of a coin with a reference point for their own research
  18. 3. Allow me to decide if a coin is worth investing in myself.
  19.  
  20. The scoring system used results in 4 classes of coin:
  21.  
  22. Class A (score 70 to 100%)
  23.  
  24. Research further. This coin is a possible good investment or trading opportunity. If POW if may also be worth mining for a possible future profit.
  25.  
  26. Class B (score 40 to 69%)
  27.  
  28. Not at this moment but monitor for changes. This coin has features missing or is similar to coins that have failed in the past. If ICO this is unlikely to be a good investment but may be worth a gamble if escrow is available. If POW may be worth mining if you have spare, cheap capacity. Trading opportunities limited to short term on pumps.
  29.  
  30. Class C (score 25 to 39 %)
  31.  
  32. Poor quality coin, not really worth any effort or investment. Likely to be dumped as soon as it hits an exchange and then slowly slide into oblivion. ICO coins at this level should be considered an extremely high risk investment. If POW it may be worth early mining with spare capacity with a possible profit in a dump if it hits and exchange
  33.  
  34. Class D (Score 0 to 24%)
  35.  
  36. Do not invest. If ICO it is likely a scam. If POW then not worth it as it is not likely to ever get to an exchange. High risk of code failure, developer disappearing and /or loss of BTC.
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