Mandala ICO

MANDALA is a revolutionary digital assets exchange bringing crypto currencies and block chain assets to the masses through a suitable designed user interface and easily understandable trading technology hence empowering the traders and investors with the tools and resources necessary to increase their profit potential, performance and understandings.

PROS:

• The platform empowers the traders and investors  with tools and resources that can increase their profit potential, performance and understanding  hence promoting easy trading
• The platform provides a top notch and secures trading engine which is able to protect the user’s data and promoting a reputable exchange. This eliminates any possible cyber attacks on the platform
• The platform use promote faster transactions as it is able to handle north of one million transactions per second to keep up even with the heaviest traffic
• The platform is user-friendly  as it enables the brand new users to trade and invest in the crypto market successfully by removing the traditional exchange noise  and provide automatic chart tutorial to the users
• The platform operates throughout hence supporting  round the clock trading   and supervision which is beneficial to the users as this will sum up to increased profits
• The platform whitepaper has adequate information on the importance of the project  to the users in enhancing  crypto currency trading
• The platform team involved is adequate to promote the full implementation of the project with the guidance of the CEO  and the founder Nate Flanders

CONS:

• The smooth operation of the platform is hindered by rules and regulations by the states on cryptocurrency usage
• The MDX token doesn’t provide warranties to the holders in case of the occurrence of losses
• The MDX token doesn’t provide rights on dividends or interest to the users
• The platform white has not highlighted the involved team experience profile  to enable the users to gauge their relevance

SUGGESTIONS:

• The platform MDX token should provide incentives to the users by giving them legal rights on dividends  and a share of the platform profits
• The white paper should highlight the involved team profile with different stated experience
• The platform MDX token should be able to cover for the losses incurred by the users

NOTE:

The platform promotes easy digital assets exchange making it vital in promoting entry of brand new users in the crypto currency market. I would invest in it upon its launching.

Positives
Customer Support: Mandala’s platform uses customer support, which helps users contact their team if they have any questions.
Connectivity: Mandala will add a social aspect to their platform. The exchange rewards users with MDX tokens for participating within their community. “Without user connectivity, we might not have made it this far” Mandala’s website explains. The project plans to switch from the Internet of Things to the Internet of Value.
Robust Engine: Users are able to access Madala’s platform via a streamlined UI. This UI is powered by blockchain technology and is able to handle over a million transactions per second. The exchange offers AI-based strategies, automatic on-site trading tools, and analytics to complement the user experience that’s provided through Mandala’s platform.
Negatives
Competition: There are other ICOs that promise the same thing. So we’ll have to see what Mandala does to ensure that its better than the competitors.
Regulation Risk: How will Mandala’s teamwork to ensure that their project is accepted internationally?
Blockchain Network Congestion: What if there are too many users on Mandala’s platform at once? Will its system be able to be upgraded to handle over 1,000,000 transactions per second?

Market Competitive environment:
A very competitive space with well funded and strong cryptocurrency advocates, influencers, and dev teams already working on centralized exchange projects.
There are both large centralized players and projects with blockchain:
Crypto Exchanges - 100+ (Binance, Bitfinex, KuCoin
Bittrex, Robinhood, etc)

The project advantages:
Good matching system;
Lean design and advanced risk controls;
Trading of any digital asset;
Support for public and private blockchains;
Advanced & custom APIs;
Banking, settlement, and payment rails;
Multi-language support to attract global clientele;
Modular Design;
Trading alerts;
Move and customize widgets on the platform;
Institutional grade throughput and security;
Advanced order routing and order lifecycle management;
Scalable connectivity and trading engine;
Simple and secure authentication for KYC/AML compliance;
Social platform “MDX Social” to share comments about trading;
The team is manufacturing their own hardware wallet.

SOCIAL ACTIVITY
The project popularity in the social networks and discussion forums
The project is detected on the radar of the influencer Hacked (rated negatively).
Facebook: 18,7k followers, the average number of likes per post is 30, the average number of comments per post is 2, user activity is Low.
Twitter: 8k followers, average number of likes per post is 100, average number of retweets per post is 50, average number of comments under the post is 5, user activity is Low.
Youtube: 350 subscribers, average number of views per video is 400, average number of comments under each video is 4 (but they are not valuable), user activity is High (but the possibility of the cheating with the views is also high).
Medium: average number of likes per post is 50 without any discussion in the comment section, user activity is low.
Reddit: 862 followers, average number of comments under the post 1, user activity is low.
Discord: 163 followers, user activity is low.
Telegram: 10,3k members, admins on the Telegram-channel are responding quickly, user activity is High, but most messages are not valuable

Team & Advisors – 8/10
Roadmap – 8/10
Token Metrics – 8.5/10
Verdict:
Neutral - for short term flip
Positive - for long term hold