Rise.Eco seems to be interested in building what Bitconnect should have been. They claim to have an AI professional trading bot that has beaten the markets since 2012. They do claim on their website however, that you can receive passive income forever, and this might be a red flag.
However, Rise claims to have been around a while and will be able to generate some of their revenue from licensing fees from other companies renting their trading software as well as several other methods. Rise also claims to have one app to connect all your wallets to allow you to trade all your altcoins so this could either be really helpful, or it could be another red flag. Rise also says that they attended the Blockchain Cruise held by CoinsBank a few months back which lends them more credibility. You can see more events they’ve attended on their website.
Rise.eco is also the owner of the Uptick app which claims to have 100k users and $50 million under management. There are also multiple articles written about them on their website. And the Rise team is very transparent with who they are on the website as they have several team members listed with full Linked In profiles. I’m tempted to invest here, but I haven’t invested into any ICOs in a few months. U.S. investors are probably blocked from this ICO. Their public sale is scheduled to start in just a few days.
Rise also prides itself on having realistic predictions for returns on investment as well as disclosing more information about their trading bot such as ranking different cryptos with their bot and letting the trading algorithms decide when to invest or trade. I definitely see this as a more legitimate company than Bitconnect ever was and they are much more transparent, but I would still say there is risk here and possibly more than they would have you believe.
