LIVE Stars ICO - Adult Streaming Platform.
Don't get too excited! You might find yourself disappointed by the end of this review.
What is Live Stars? Live Stars is creating the new generation webcam platform that implements blockchain technology.
In other words: Another cybersex webcam business that wants to hype on the blockchain technology
ICO structure:
Token name: LIVE
Total ICO supply: 79 928 407 tokens
The token sale (January 2017 - February 2017).
Soft Cap - $ 500,000
Hard Cap - $ 5,000,000
Cost of 1 LIVE = $0.20
Unsold tokens will be burned.
Strong Sides:
Current LIVE price: $0.16 cents per token (with the total supply of almost 80 million is not bad)
Cute chick on the promotional video;
Weak sides:
Zero customer and model base. So far, their Alpha-version has only 1 model online. (And her bio is wrong lol)
There is no need for independent token to run this platform. You can tip models in Bitcoin or Monero, for example
Their Alpha-launch video has only 79 views. That tells you something about "the hype";
Absolutely useless product. Why would customers suddenly abandon the largest webcam platforms like Chaturbate or LiveJasmine, with thousands of models and customers just to use "blockchain"? At the end, customers go on the webcam platforms to "relax after the hard day", and not to improve humanity by implement blockchain technology.
Any existing webcam website can upgrade its platform to blockchain. Sooner or later that will happen.
Extremely weak marketing. Perhaps they run out of money after hiring the lady for their first promotional video
Very small advisory board.
60% of funds will be spent on the marketing.
Product: : 2/10
Team: 2/10
Token economics: 4/10
Hype: 2/10
Growth potential: 3/10
Overall grade: 2.6/10
Summary: In my opinion this is a terrible ICO from the standpoint of marketing and growth potential. High competition on the market, small team and total absence of hype are the reasons which will lead to the failure of this project. I liked the price of the token, but it's completely ruined by 60% marketing fund allocation. I do not recommend to invest in this project.