The Investaco ICO presale is currently going with their website showing sales of over $1 million:
https://investaco.in
Considering so many people look at cryptocurrency as a potential investment, it then makes so much sense for there to be a platform that deals specifically with both investing and banking within this industry. That is where Investa plans to make their mark, and even though they are not the only ones that are doing this, we can still check out what they are planning on doing to see if it is worth your while getting involved in this ICO.
The best way to describe Investaco is that it combines a number of features from cryptocurrency to blockchain technology, fintech and a whole lot more. Each of their features appears on their platform, and their main focus is on trying to provide consumers with a system that effectively provides a sense of freedom from a financial point of view while they are on the go.
In other words, what you are looking at here is a form of crypto banking with the main emphasis on the platform being completely mobile at all times.
But what they offer does not end there. They also state that there are ATM networks, a lending aspect via their platform and cryptocurrency, as well as the option to manage your crypto portfolio from one central interface which may very well prove to be rather useful in its approach.
To get to the bottom of the technical side of things, we largely need to ignore various aspects of the banking part as that just runs along the same lines as other banking applications that are out there already.
The entire platform is built on Ethereum bringing with it the concept of using Smart Contracts in order to fulfill the various transactions that take place on the platform. At the same time, you are looking at the platform also having more than adequate anti-fraud measures, due to the public ledger and the fact the contracts cannot be altered, which is something you require when dealing with this kind of industry.
Within the platform, there is investment advice as well as the ability to trade and convert existing cryptocurrency. These exchanges all take place on the blockchain and with those Smart Contracts being created between both parties to make sure that both sides are able to keep to the agreement. This does provide that sense of security and it also means that there is nothing complex about the technical approach that is being taken by Investa other than it operating as an information portal and the ability to control your various crypto assets at the same time.
There are different advantages associated with the approach that is being taken by Investa that may help you to decide to ultimately go with the products that they are offering. First, they do cover a number of different bases at the one time, which makes life easier when it comes to controlling your crypto portfolio and also making the right decisions for investing.
Next, the link with ATM networks and the lending aspect does mean that they are attempting to cover each and every aspect just like other banking applications even though their sole focus is on dealing with cryptocurrencies rather than the fiat equivalents. By keeping it all under the one roof, so to speak, it will mean you can keep track of things substantially easier as a result.
Even though the ICO is still some time away, at least at the time of writing, there is still a lot of information out there about what they plan on offering. They state that they are able to accept a number of different cryptocurrencies during the ICO including ETH, BTC, LTC, and also fiat currencies, so there are a number of options available to you.
Update: The presale is currently live with their website showing sales of over $1 million already.
Furthermore, there is both a soft and hard cap in place for the ICO with the soft cap set at 1,000,000 INV and the hard cap at 30,000,000 INV. Of course, the INV aspect refers to the cryptocurrency that they have created.
During the ICO period, the price per token has also been set at 1 INV costing $0.8 and a total of 30,000,000 tokens will be released at this time. That total does represent some 60% of the number of tokens that will be produced with those remaining being destroyed after the initial sale to give the final number. It should also be noted that the United States is excluded from the ICO.
Investa is not offering something that is unique and brand new to the crypto industry, but that does not then mean that they do not have a good product. They do cover more than enough bases for people to become interested in what they are doing, but as is the norm with the different companies offering a product and service in this way, the hard part is getting people onto the network to begin with.
There are a number of positives with this ICO and they have not set the bar too high with the soft cap. Also, there appears to be no real mention of a minimum investment which is another huge bonus simply because of the way it can put small investors off dipping their toes into the water.
So, should you invest? Well, it’s clearly up to you but there is enough scope for this project to grow even though it may not take off too quickly at the outset. However, if you are willing to stay with it as it progresses, then you should see a return on your initial investment to some extent. After all, with the crypto industry continuing to grow and more people looking at investing using digital currency, thee will be an additional need for advice and assistance in looking after an investment portfolio. Ultimately, this is where Investa can help you out and it will remain one of its major draw cards as it develops.
Website: https://investaco.in
Whitepaper: https://investaco.in/assets/pdf/White_Paper_Ver_1-6.pdf
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