RENOVATO is a group of cryptocurrency traders creating a unique and advanced multicrypto exchange platform with innovative features for traders. The main goal is to lead the industry forward by bridging the gap between traditional exchanges and cryptocurrency traders.
PROS:
- Providing ultimate flexibility to investors the RENOVATO platform supports both FIAT and digital currencies including all major debit and credit cards and other popular e-wallets. Moreover, for investors, the exchange will have advanced AI-based matchmaking feature, along with proven self-developed trading algorithms for Forex and Cryptocurrency trading.
- The RENOVATO platform is powered with a robust and detailed coin listing process which involves thorough vetting and advanced due diligence.
- The RENOVATO exchange is an open-to-all platform and users can get access to the unique Portfolio Management tool that allows them to manage and track multiple split investments right from their laptop, PC or smartphones.
- All registered users will get access to exclusive and highly secure RENOVATO user wallet at no additional cost.
- Equipped with the latest technology and dedicated servers, RENOVATO will guarantee top transaction processing speeds. RENOVATO also guarantees the lowest transaction processing costs for traders in the industry.
- RENOVATO exchange provides an advanced margin trading and lending feature which allows users to borrow funds and earn interest on their crypto assets stored on the exchange.
- The software infrastructure of RENOVATO will have its own API which will make RENOVATO completely self-dependent without any reliance on third parties.
- RENOVATO will help ICOs and blockchain-based projects to overcome the liquidity crisis by allowing them to reach a dedicated community of global investors and provide them with a launching platform for their newly developed tokens
- Trade with 10:1 leverage on Forex pairs and 5:1 leverage on cryptocurrencies CFD’s. Trade cryptocurrency without owning it and thus eliminating any hacker risk using the MetaTrader platform via the RENOVATO exchange.
- RENOVATO will evolve as a self-sufficient profit generating platform with a well-defined and verified revenue model.
- The RENOVATO hybrid Security token model offering users an actual voice of the company through its blockchain based tokens makes it stand out and ahead of its competitors. RENOVATO tokens will also provide the investors with a proportionate share in the company.
- If the RENOVATO Token Sale fails to reach the minimum sale target of US 1 million, VATO purchasers will be provided with the opportunity for a full refund on the VATO purchased.
CONS:
- There is no guarantee as to the price of VATO following sale, nor that RENOVATO’s exchange or any secondary market will be available at that time.
- ICO tokens have no profit sharing or warrants of any kind to RENOVATO.
- The information in the White paper does not cover all matters that may be relevant to the RENOVATO project. The document is available only in English.
SUGGESTIONS:
- Provide token holders with warranties associated with the value of VATO and the viability of the project in general.
- Rewrite the white paper to make it more informative and translate it into other languages.
NOTE:
The RENOVATO platform is a unique one-stop solution to all cryptocurrency related trade and exchange. Unlike other exchanges that address one aspect of cryptocurrency trading, RENOVATO offers multiple investment tools and exclusive features like Follow traders, Margin trading and lending, AI-based matchmaking, advanced portfolio management and more. Moreover, with RENOVATO traders will have flexible options to invest and even make easy withdrawals directly into their bank account or preferred e-wallets and other methods. In my opinion, this project seems to be promising and I would invest in it.