Spotcoin

Positives
Provides an exchange from 10 different fiat currencies to digital assets
Next day guarantee settlement of exchange
Spotpay provides an instantaneous transaction using digital assets
Large environmentally friendly, hydroelectricity mining operation that can exempt Spotcoin from VAT
Negatives
Spotpay will leverage Spotcoin in order to make transactions instantaneous

If you are based in Georgia, there is a good chance that Spotcoin might look like something interesting for you. On the other hand, if you are not, then the chances that you might want to use Spotcoin are considerably lower because

Marekt Competitive environment:
CEX sphere is a very competitive space with strong teams, well-established technologies and new trading pairs on monthly basis. Spotcoin will need to compete with Binance, Coinbase, Bitfinex, etc.
At the same time, some CEXs (like Bitfinex or itBit) are already integrated OTC trading into their platforms. So Spotcoin will need to compete with their well-developed infrastructure and giant user base.
In cloud mining aspect Spotcoin will need to compete with Genesis Mining, IQ Mining, ViaBTC, GMO Group, etc. These companies invested tens of millions of dollars to facilitate their services. And Spotcoin (even if hardcap will be reached) won't take a big share of the market.
In payment systems, space project will compete with BitPay, Coinbase Commerce, etc. These competitors are operating in the crypto industry for many years, they have very strong teams, and in the huge money was already invested (e.q. Coinbase has valued $8 bln).
Spotcoin has nothing to show to its competitors.

The project advantages:
The team aims to develop a platform that will provide access to cryptocurrency exchange, cloud mining, OTC trading, and payment system in one place (Spotcore).
Mining facility is establishing to bring to the cryptocurrency exchange liquidity. For mining will be used only GPU miners. Georgia is good jurisdiction for mining because of its climate and cheap electricity.
SPOT token will be used to weekly entitle (in GAS) its holder with 51% dividends from CEX fees. Also, token holders are entitled to an additional quarterly dividend of 12% of the net profits derived from Spotcoin’s mining, OTC, and Spotpay payments businesses.

SOCIAL ACTIVITY
The project popularity in the social networks and discussion forums
Project is not shilled by any of influencers.
Facebook: 3k followers, average number of likes per post is 150, average number of comments per post is 15, user activity is high.
Twitter: 2,6k followers, average number of likes per post is 190, average number of retweets is 100, average number of comments under the post is 15, user activity is high.
Instagram: 1,5k subscribers, average number of likes per post is 190, average number of comments under the post is 20, user activity is high.
Youtube: average number of views per video is 60, average number of comments under each video is 1, user activity is low.
Bitcointalk: thread has 40 pages of discussion, user activity is low;
Medium: average number of likes per post is 1 500 without any discussion in the comment section, user activity is low.
Reddit: average number of comments under the post 7, user activity is medium.
Telegram: 13,3k members, admins on the Telegram-channel are responding at the medium speed and for the most part are answering by copy pasting parts of the white paper that are irrelevant to question (they deleted this discussion in hour after that). User activity is medium, but it’s not natively generated. Many comments with no value are appearing in the moment when you asking the team some critical questions just to make your questions lost in this empty comments.