Hello guys, in this article I will present my opinion on Truegame, a project which is currently at pre-ICO stage.
Idea
Truegame is a gambling platform created on the Ethereum blockchain. All games on the platform are completely transparent and are based on proven RNG algorithm.
Grade: 2/5
Token metrics
The hard cap is very small and 70% of the tokens are sold through the token sale, which makes this a low risk / high reward project, although the biggest bonus is 40%, which short term could lead into a potential dump when it hits exchanges. Most of the funds raised will be spent for marketing, especially for attracting new players into the platform.
Grade: 4,5/5
Roadmap
https://ico.truegame.io/docs/roadmap.pdf
The roadmap is very long and detailed, full of releases, most of them new games, which could lead to an increase of the token value. The biggest release will be in May 2018, which is the mobile app for IOS.
Grade: 4,5/5
Team
Advisors
The team is very good, with a lot of developers and specialists with huge experience in the gambling industry. They also have all-star advisers with experience in companies like Microsoft or Bwin.
Grade: 5/5
Prototype
They already have a working product, which is a big plus in this ICO market. You can test the games on their website: https://www.truegame.io/
Grade: 5/5
Token utility
Basically the token will be used to play all games on the Truegame platform, so the bets are done in TGAME and the winnings are also distributed in TGAME.
Grade: 4/5
Competition
There is quite a lot of competition withing the gambling space in crypto, but I think there is plenty of room for everyone to do well.
Grade: 4/5
Hype
With Telegram having around 12.000 users and their Twitter account about 3.600 followers, we can say that the project is pretty hyped within the crypto community. The presence on other social media channels is pretty good as well and the project received a very high rating from ICObench.com (4,8/5). https://icobench.com/ico/truegame
Grade: 4/5
Overall conclusion
TrueGame is a gambling project with a very small hard cap, a great team, a lot of hype around it, but most importantly with a working product, which in my opinion makes it a low risk / high reward investment.
Final grade: 4,13/5 (very good)
If you liked the article, please feel free to upvote it and check my other reviews as well.
Also please always do your own research before investing in any token/ICO!
Thank you.