IDO Date: 02.12.2021 FINTROPY($FINT) Finomena Score
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IDO Date: 02.12.2021 Date:29.11.2021 FINTROPY($FINT) Finomena Score https://www.fintropy.io/ ||https://twitter.com/fintropy || https://t.me/fintropy ★★★☆☆ Company Background & Business Model Promoter Score 4.5/5 Company Background: Fintropy provides an all-in-one platform to manage Tokenized Exchange Traded Funds (ETFs) that allow an individual to deal with cryptocurrency, NFTs, stocks, commodities, and more. They allow asset managers to create their own ETFs to manage portfolios of aggressive cross-market investments, and let investors easily select and track those diverse portfolios on one platform. About Token: FINT, is the utility and governance token, can be used to manage and govern the platform and reward users. It can be used for platform payments, collateral deposits, premium services (revenue sharing, fee reduction and others) and DAO governance. Total Supply: 30 M | Public Price: $0.20 | IDO Allocation: $400K Fintropy is led by Eugine Kolesnikoff(CEO) with John Burmeister as Partnership Lead. The team has other members contributing to operations and marketing with vast experience and expertise. Eugine Kolesnikoff Eugine is serving as CEO and has 20+ years of experience in Finance and Venture Capital: AIG Brunswick Capital Management and the IIDF. Sector Alpha Sector Score 3/5 For Fintropy, we have identified Invest Dex as its competitors. This sector is yet to get mature and gain popularity in the crypto market. The periodic price performance of the sector is well below average when compared to the market benchmark i.e. Bitcoin and Ethereum. The sector is expected to grow in the future as the need for asset management platforms is increasing. Hence, we believe that the performance of this sector will get better. Zied Chaabane Zied has worked on 15+ cryptocurrency projects including Ideology, Burency, 2local, and Pointpay, and is the CMO of Fintropy. He has worked with MNCs like Accenture, Honeywell, Halliburton, and Emerson. Technical Maturity The Fintropy is all set to conduct their IDO on 2nd Dec'21 on Lightning Protocol. The company has raised $1M successfully from VCs. A detailed roadmap and live demonstration for the Fintropy is available. They have plans to launch a mobile application and list themselves under Top Crypto Exchanges. For Q1 2022, they have plans to develop an AI- powered trading tool, Gamification features, and a Decentralised cross chain bridge. They have a strong technical team and we believe they are very likely to achieve all the milestones in the stated timeline. Token Analysis Token Strength Score 3.5/5 The token allocation for the team and advisors is 7% that has a lockup period of 12 months and vested over 12 months, which is average as compared to the industry standards. Majority of the allocation, i.e. 41.67%, belongs to the private sale which is vested over 6 months. DAO Treasury and Staking Rewards is governed by DAO token holders and Reserve is locked for 6 months and unlocked at team's discretion. The overall vesting schedule is decent. Token Details Public Price: $0.20 | IDO Allocation: $400K Network & Community Score 3.8/5 Holding Percentage Months Fintropy has a good social media presence across various platforms including Telegram, Twitter, and Medium. Private Sale 41.67% 6 Public Sale 10.00% 3 Liquidity 22.00% 7 Marketing 5.00% 10 Team+ Advisors 7.00% 24 DAO Treasury 4.00% - Staking Rewards 10.00% - Reserve 0.30% - Crypto Market Trends Sentiment Score 33 The crypto market has yet again slowed down and the market sentiment has been poor over the last week. Bitcoin has seen a huge dip despite rallied to all time high on the heels of ETF excitement, reaching $68,000 but is currently trading below $58,000 due to rough market conditions. Ethereum has also seen a small dip in price and is currently trading at $4,300. Alongside Bitcoin and Ethereum, the NFT market has seen sky-rocketing sales in October. The numbers of buyers and sellers have increased not only in the Art sector but also in the Utility sector and Sports sector. Sales of NFTs volume surges to $10.7 billion in the third quarter of 2021. The most prominent non-fungible token project in October'21 are CryptoPunks ($1.6B) followed by Art Blocks ($1.2B) and Bored Ape Yacht Club ($1.15B). Crypto Greed & Fear index suggests that overall market sentiment is poor, but we believe Fintropy's IDO will sail through. Their Telegram followers' count stands 3303 (as of the date 26 November 2021) which is less as compared to the competitor in the market. Twitter followers' count stands at 7219 (as of 26 November 2021), which is good. But the team needs to increase community engagement on their Telegram channel and focus on strengthening their community strength and gaining a global audience. We believe, Fintropy has the potential to grow further and capture the global community and strengthen its global presence. Crypto Fear & Greed Index is provided by alternative.me. Finomena Verdict Fintropy provides a portal to access a number of DeFi services. The Fintropy platform will allow for the aggregation of nearly any existing and approved asset, ETF, or hedge funds from across the cryptocurrency ecosystem, while also providing the security and oversight needed to make this vision a success. Overall the project is gaining popularity and is expected to yield good return in the market. For any queries, clarifications and recommendations, feel free to write us at [email protected] DISCLAIMER: NOTHING HEREIN CONSTITUTES LEGAL, FINANCIAL, BUSINESS OR TAX ADVICE AND YOU SHOULD CONSULT YOUR OWN LEGAL, FINANCIAL, TAX OR OTHER PROFESSIONAL ADVISOR(S) BEFORE ENGAGING IN ANY ACTIVITY IN CONNECTION HEREWITH. FINMINITY SHALL NOT BE LIABLE FOR ANY KIND OF DIRECT OR INDIRECT DAMAGE OR LOSS WHATSOEVER WHICH YOU MAY SUFFER IN CONNECTION WITH ACCESSING THIS DASHBOARD AND ASSOCIATED REPORTS OR ANY OTHER WEBSITES OR MATERIALS PUBLISHED BY THE COMPANY.
Transcript of IDO Date: 02.12.2021 FINTROPY($FINT) Finomena Score
IDO Date: 02.12.2021 Date:29.11.2021
FINTROPY($FINT) Finomena Score https://www.fintropy.io/ ||https://twitter.com/fintropy || https://t.me/fintropy ★★★☆☆
Company Background & Business Model Promoter Score 4.5/5
Company Background: Fintropy provides an all-in-one platform to manage Tokenized Exchange Traded Funds (ETFs) that allow an individual to deal with cryptocurrency, NFTs, stocks, commodities, and more. They allow asset managers to create their own ETFs to manage portfolios of aggressive cross-market investments, and let investors easily select and track those diverse portfolios on one platform.
About Token: FINT, is the utility and governance token, can be used to manage and govern the platform and reward users. It can be used for platform payments, collateral deposits, premium services (revenue sharing, fee reduction and others) and DAO governance.
Total Supply: 30 M | Public Price: $0.20 | IDO Allocation: $400K
Fintropy is led by Eugine Kolesnikoff(CEO) with John Burmeister as Partnership Lead. The team has other members contributing to operations and marketing with vast experience and expertise.
Eugine Kolesnikoff
Eugine is serving as CEO and has 20+ years of experience in Finance and Venture Capital: AIG Brunswick Capital Management and the IIDF.
Sector Alpha Sector Score 3/5
For Fintropy, we have identified Invest Dex as its competitors. This sector is yet to get mature and gain popularity in the crypto market. The periodic price performance of the sector is well below average when compared to the market benchmark i.e. Bitcoin and Ethereum. The sector is expected to grow in the future as the need for asset management platforms is increasing. Hence, we believe that the performance of this sector will get better.
Zied ChaabaneZied has worked on 15+ cryptocurrency projects including Ideology, Burency, 2local, and Pointpay, and is the CMO of Fintropy.
He has worked with MNCs like Accenture, Honeywell, Halliburton, and Emerson.
Technical Maturity
The Fintropy is all set to conduct their IDO on 2nd Dec'21 on Lightning Protocol. The company has raised $1M successfully from VCs.A detailed roadmap and live demonstration for the Fintropy is available. They have plans to launch a mobile application and list themselves under Top Crypto Exchanges. For Q1 2022, they have plans to develop an AI-powered trading tool, Gamification features, and a Decentralised cross chain bridge. They have a strong technical team and we believe they are very likely to achieve all the milestones in the stated timeline.
Token Analysis Token Strength Score 3.5/5
The token allocation for the team and advisors is 7% that has a lockup period of 12 months and vested over 12 months, which is average as compared to the industry standards. Majority of the allocation, i.e. 41.67%, belongs to the private sale which is vested over 6 months. DAO Treasury and Staking Rewards is governed by DAO token holders and Reserve is locked for 6 months and unlocked at team's discretion. The overall vesting schedule is decent.
Token Details Public Price: $0.20 | IDO Allocation: $400K Network & Community Score 3.8/5
Holding Percentage Months Fintropy has a good social media presence across various platforms including Telegram, Twitter, and Medium.
Private Sale 41.67% 6Public Sale 10.00% 3Liquidity 22.00% 7Marketing 5.00% 10
Team+ Advisors 7.00% 24DAO Treasury 4.00% -Staking Rewards 10.00% -
Reserve 0.30% -
Crypto Market Trends Sentiment Score 33
The crypto market has yet again slowed down and the market sentiment has been poor over the last week. Bitcoin has seen a huge dip despite rallied to all time high on the heels of ETF excitement, reaching $68,000 but is currently trading below $58,000 due to rough market conditions. Ethereum has also seen a small dip in price and is currently trading at $4,300.
Alongside Bitcoin and Ethereum, the NFT market has seen sky-rocketing sales in October. The numbers of buyers and sellers have increased not only in the Art sector but also in the Utility sector and Sports sector. Sales of NFTs volume surges to $10.7 billion in the third quarter of 2021. The most prominent non-fungible token project in October'21 are CryptoPunks ($1.6B) followed by Art Blocks ($1.2B) and Bored Ape Yacht Club ($1.15B).
Crypto Greed & Fear index suggests that overall market sentiment is poor, but we believe Fintropy's IDO will sail through.
Their Telegram followers' count stands 3303 (as of the date 26 November 2021) which is less as compared to the competitor in the market. Twitter followers' count stands at 7219 (as of 26 November 2021), which is good. But the team needs to increase community engagement on their Telegram channel and focus on strengthening their community strength and gaining a global audience.
We believe, Fintropy has the potential to grow further and capture the global community and strengthen its global presence.
Crypto Fear & Greed Index is provided by alternative.me.Finomena Verdict
Fintropy provides a portal to access a number of DeFi services. The Fintropy platform will allow for the aggregation of nearly any existing and approved asset, ETF, or hedge funds from across the cryptocurrency ecosystem, while also providing the security and oversight needed to make this vision a success. Overall the project is gaining popularity and is expected to yield good return in the market.
For any queries, clarifications and recommendations, feel free to write us at [email protected]
DISCLAIMER: NOTHING HEREIN CONSTITUTES LEGAL, FINANCIAL, BUSINESS OR TAX ADVICE AND YOU SHOULD CONSULT YOUR OWN LEGAL, FINANCIAL, TAX OR OTHER PROFESSIONAL ADVISOR(S) BEFORE ENGAGING IN ANY ACTIVITY IN CONNECTION HEREWITH. FINMINITY SHALL NOT BE LIABLE FOR ANY KIND OF DIRECT OR INDIRECT DAMAGE OR LOSS WHATSOEVER WHICH YOU MAY SUFFER IN CONNECTION WITH ACCESSING THIS DASHBOARD AND ASSOCIATED REPORTS OR ANY OTHER WEBSITES OR MATERIALS PUBLISHED BY THE COMPANY.
