After receiving some good feedback from my EthConnect review I have decided to write up a review on another ICO I will be investing into named: GoldReward. GoldReward has been getting some popularity recently and a few friends have been asking me GoldReward Scam? GoldReward Ponzi? Is Gold Reward A Scam? And I’m here to go over the coin and cover everything.
Anyway lets start with the review….
GoldReward is a new crypto currency looking to be a multi-purpose crypto. It is based on the Ethereum blockchain framework. It is looking to be a coin aimed at rewarding users for anything that’s on the internet. You can be browsing, playing video games or doing a number of activities on your computer and be rewarded with the GoldReward token.
GoldReward will be conducting an ICO starting on October 31st and looking to finish on the 25th of November. It will consist of 3 rounds and an additional presale before the ICO. So far the presale has concluded and the ICO round 1 has sold out.
The token distribution will be as following:
Pre-Sale: 5,000,000GRX (4,500,000 + 10% in bonuses)
ICO Round 1: 4,500,000GRX (4,050,000 + 10% in bonuses)
ICO Round 2: 4,000,000GRX (3,700,000 + 7.5% in bonuses)
ICO Round 3: 4,000,000GRX (3,760,000 + 6% in bonuses)
As you can see 12.5% of the tokens will be able to strategic investors. These guys took a big risk on GoldReward as the website was rather new and the white paper hadn’t even been released. Still the market cap looks good enough to invest and I can see big returns coming from this ICO.
Similar to popular platform BitConnect we will see a lending platform featured inside of the GoldReward system. The returns are very similar to other projects, however in my opinion GoldRewards is a safer platform to use, and looks to be more thought out. The rates are as follows:
The lending process is rather simple for any user to do. First you must get some Bitcoin or Ethereum, you then deposit this to GoldReward. Once deposited you can then use the Bitcoin and Ethereum to purchase GRX tokens from the internal exchange. You then lend these GRX tokens to the system who then utilizes their CATA-E trading which automates trades and is able to produce 1-1.5% profits per day.
What is my price prediction?
I’m expecting GoldReward to go up a great amount in value over the course of a few months. If we take BitConnect as an example which has gains unheard of in crypto currencies, then we can expect GoldReward to follow a similar path. Although the lending space has grown more competitive over time, I expect that GoldReward will be able to surpass them.
My price prediction in 3 months: $24
ICO price: $0.76
How to signup?
If you would like to signup for GoldReward then the best method of doing so is by going to their website and claiming your reward bonus: http://bit.ly/GoldRewardsBonus
Or you can do so by clicking below: