BOLT Users trade tokens with other users and content providers in exchange for content/other services.
Attention. There is a risk that unverified members are not actually members of the team
$30 489 548
$8 700 000
Team and advisors are really strong with vast experience in blockchain. First ICO on zilliqa with support from Switcheo will add icing on the cake for Bolt. They already have app running which looks promising.Will review the project once when complete ICO details will be available.
Passed on that. They were the winners of my Bucharest world tour.
The market for online entertainment content is quite saturated and has several large players, including YouTube, Instagram, Snapchat, and others.
The mainnet of the underlying Blockchain - Zilliqa - has not been launched yet. There is no guarantee that it will be launched as expected. The product usecase is weak and does not seem to overtake YouTube. The requirement to pay fees for the YouTube-like service makes the use-case feasibility even lower. he roadmap is mediocre.
NEP-5 tokens are supported on far less exchanges than ERC-20 tokens and usually suffer from low liquidity. The fact that users can pay with fiat money or Bolt tokens could limit token adoption. Even though there are savings to be made by paying with tokens, people tend to stick to what they know.
DApps generally have low upside potential in terms of market cap. The valuation of $30M is quite high for a dApp.
Overall the team does not seem outstanding. The fact of co-founding "Channel 9" by one of the team members cannot be validated. The team is scattered around UK, Hong Kong, and Malaysia. There are no people with blockchain experience within the team. There are no advisors from Zilliqa while BOLT aims to launch its platform on their blockchain platform.
This offer is based on information provided solely by the offeror and other publicly available information. The token sale or exchange event is entirely unrelated to ICOholder and ICOholder has no involvement in it (including any technical support or promotion). Token sales listed from persons that ICOholder has no relationship with are shown only to help customers keep track of the activity taking place within the overall token sector. This information is not intended to amount to advice on which you should rely. You must obtain professional or specialist advice or carry out your own due diligence before taking, or refraining from, any action on the basis of the content on our site. Any terms and conditions entered into by contributors in respect of the acquisition of Tokens are between them and the issuer of the Token and ICOholder is not the seller of such Tokens. ICOholder has no legal responsibility for any representations made by third parties in respect of any Token sale and any claim for breach of contract must also be made directly against the Token issuing entity listed herein.
If you have any concerns about the nature, propriety or legality of this token sale or the persons involved in it please contact [email protected] with detailed information about your concerns.