CryptoHawk ICO: Company Review and HAWK Token News Updates
CryptoHawk HAWK ICO: Cryptocurrency Trading Business Platform?
CryptoHawk is an upcoming cryptocurrency exchange that will hosts the world's most popular digital currencies, and also offer its own currency that entitles owners to a share of the company's profits.
In addition to their online exchange service, the company is also very interested in helping cryptocurrencies gain widespread use and acceptance; they've announced plans to distribute credit cards that allow payment with cryptocurrencies in brick-and-mortar stores, and ATMs that will enable the immediate purchase of cryptocurrencies with cash.
About The CryptoHawk HAWK ICO
CryptoHawk is founded by a very young team; all three of its founders appear to be in their twenties. Despite its founders' youth, the company has been mentioned by major international publications, including Forbes, CBS, and NBC.
The company is based in Switzerland, and its website is available in both English and German. CryptoHawk has so far published only a business whitepaper, and its website is frustratingly short on technical details, but they note that a technical whitepaper will be released soon.
The Product
CryptoHawk indicates that its exchange will offer most of the world's popular digital currencies, but its website doesn't mention when the service will launch, which fiat currencies it will accept, and whether regulations will forbid the citizens of any country from participating. CryptoHawk suggests, but doesn't explicitly state, that the service will incorporate a wallet feature. Hopefully, their upcoming technical whitepaper will answer all of these questions.
In addition to its exchange service, CryptoHawk hopes to eventually offer credit cards and ATMs that will allow cryptocurrencies to be used in brick-and-mortar locations all around the world. However, these ambitious goals may not be realized for some time.
Furthermore, CryptoHawk is offering its own token, the HAWK, that is interesting among digital currencies because it functions like a share of stock; owners are entitled to a monthly share of the company's profits. The HAWK is an ERC-20 compliant currency, meaning it can be stored in any wallet that supports Ethereum, though their values are not related.
The Opportunity
Depending on its security, user-friendliness, and flexibility, CryptoHawk may become very popular with cryptocurrency investors, but it's too early to tell. Their HAWK tokens are an interesting idea, since their value will be determined by the worth of the company rather than pure speculation.
CryptoHawk HAWK Token ICO Details
Parameter of the ICO
- ICO start date: 15 Apr 2018
- ICO end date: 15 Jul 2018
- ICO token supply: 150,000,000
- Soft cap: 500,000 USD (fiat)
- Hard cap size: 6,000,000 USD (fiat)
The CryptoHawk HAWK ICO Verdict
CryptoHawk's young team is clearly very ambitious, and it'll be interesting to see if their vision can come to full fruition. They claim to be “the world's first all-in-one solution for cryptocurrencies,” but several other services already offer many of the services they describe; nonetheless, as cryptocurrencies continue to grow in popularity, there's still plenty of room for new players. Investors should play close attention to CryptoHawk's upcoming technical whitepaper to see how serious this company is about its claims.
If they can successfully implement cryptocurrency credit cards and ATMs that make the technology as accessible as cash, it could make a huge impact, and the HAWK currency that pays owners to a share of profits could prove to be a very lucrative investment. However, it would be wise to wait until the company is more established before investing in HAWK tokens.
Alfred
January 22, 2018 at 9:28 pm
Can you get the tokens out of their site and into a wallet?