Simply Vital Health ICO

Overall, we are neutral about both the flipping and long-term potential of this ICO. Our thoughts on buying the tokens for flipping and investing for the long term are as follows:
For flipping: Neutral. We believe a presale bonus of up to 60% with no lockup, with a hard cap of up to $30 million is tough to reach in the current market environment. Exact crowdsale date is not yet announced, so it is uncertain when the tokens will be distributed and tradable. We believe there wouldn’t be much unmet demand following the token sale.
For long-term holding: Neutral. The success of the platform hinges on whether the two-sided market of applications and users can gain traction. If the industry players are willing to adapt to new technology and build application on the marketplace, Health Nexus would have a much easier time attracting users.
While the team is strong, there isn’t a healthcare veteran who is well connected in the industry and related government officials. This is important because what the project is trying to accomplish is heavily regulated.