Loki wants to create a peer-to-peer marketplace with decentralized communication that allows users to transact in private.
Their main net uses a fork of the Monero cryptocurrency and will actually be released next month. One thing that really stood out for me is that their presale is only going to be open to institutional investors and you need $100,000 or more to invest in it. What do you think is gonna happen when it goes on the exchange providing that there’s going to be sufficient hype?—?there’s always going to be a lot of unmet demand for a project like Loki so that is something to be very aware of.
For token economics, if they do want nine million dollars, I’ve given them 80 out of 100.
For the team I had some concerns with the CEO and the tech lead, but their head developer Tom Wingert is a third largest contributor to Monero according to his github page, also they have a solid team of advisors. (40 out of 100). Not many people are talking about them which I thought was strange they have over 11,000 people in their telegram. (40 out of 100 for Hype). But I am bullish on Loki and I do think this could do quite well once the markets start picking up.
Overall, Picolo has a positive view on Loki Network. Our analysts expect a high demand for privacy blockchain going forward as the traceable feature of decentralized blockchain has been too transparent (for some). For the reasons listed below, we believe Loki (LOK) to be a speculative buy: • Having anonymity, security and scalability as its differentiating factors, we believe there is enormous potential for this project as compared to its competitors • Compelling deal structure with small hard cap and single funding round • Loki’s mainnet is slated to launch soon, which reduces the risk exposure over the medium term We acknowledge that regulatory changes could create challenges in the private blockchain market. We highlight this as a potential risk that could restrict Loki’s growth. Nevertheless, we foresee significant adoption by the community given the need to transact with absolute freedom. For investors seeking speculative exposure in the privacy segment, we believe Loki to a good opportunity with a relatively low market-cap that could lead to significant growth over the long-term.