RSK

RSK

Modified proof of stake

Average rating : MEDIUM

RSK is the first open-source smart contract platform with a 2-way peg to Bitcoin that also rewards the Bitcoin miners via merge-mining, allowing them to actively participate in the Smart Contract revolution.

Private-sale: NO INFO
Pre-sale: NO INFO
Crowd-sale: TBA - ... NOT STARTED

token metrics
Ticker: RSK Available for token sale:
Token type: Private-sale/pre-sale token price: /
Accepts: Private-sale/pre-sale bonus: no info/ no info
Prototype: Pre-sale min/max personal cap:
Team: Crowd-sale token price:
Team residence: Crowd-sale min/max personal cap:
Company residence: Cant participate:

experts opinionopen all

It is likely to be one of the greatest projects in 2018. Nearly everything with this project looks perfect. Unfortunatly they are asking for a too high hardcap. But if a project is allowed to raise so many funds, we would say its Rootstock. We wish all the best for this project - it might be really beneficial for the bitcoin and thus the whole crypto ecosystem.

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Rootstock believes in Bitcoin! They are trying to encourage growth by filling in the missing technology that Bitcoin needs. The security of RSK is their main feature. RSK´s blockchain is secured by merge-mining, which means that they can achieve the same security as Bitcoin in terms of double-spend prevention and settlement finality.  Biggest concern that we have with Rootstock is the very small amount of allocations that Rootstock gave out to investors, according to rumors only 20 - 150 investors have been KYCed. At the same time the project has been resold more often than any other ICO in 2018. We believe that there will be a massive shitstorm of problems and bad publicity right after their TGE, similar to what happened to chromaway.

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In conclusion, Picolo Research requires more clarity, clarity, particularly on ICO and roadmap details, before allocating a rating on RSK. Nevertheless, our analysts are positive about the potential benefits RSK can provide as it possesses a solid proposition that proves to be resolute for the bitcoin ecosystem.

Notwithstanding the above, Picolo acknowledges that RSK is currently focused on building the technology and making improvements to their product. Only time will tell if the project can deliver their intended impact on the Bitcoin ecosystem. Coupling that with the lack of information available, it is difficult to assert a rating on the project.

In light of the preceding, Picolo analysts will continue to monitor any developments and update our rating accordingly.

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