The Global Spy ICO Verification browser extension will help investors make informed decisions
The problems facing cryptocurrencies and ICO investments
As the cryptospace continues to grow and new projects come up on almost a daily basis there is growing need for transparency, accurate information, and evidence on the viability of these projects. Presently, knowledge in the public domain attests that a substantial proportion of blockchain related projects and particularly those that have undergone ICOs have failed. This is attributable to wide range of factors but key among them poor execution of the project and hence failure to meet the goals as outlined in the roadmaps. As such, it has become particularly important for investors to be cautious while making investments in ICOs and cryptocurrencies in general. This is because a large proportion of investors lack the knowledge to dissect projects, analyse teams or even to ascertain the authenticity of the claims made in the white paper. More so, even if these investors have the knowledge and expertise to analyse and make risk assessment for blockchain projects they may lack the time, resources, and in depth research required to make informed decision. On the other hand, there are multiple genuine cryptocurrencies and ICO projects that have viable products, and world class teams that have the ability to execute the vision and deliver revolutionary solutions within the space. However, such projects may fail to effectively market themselves or be subjected to negative press and FUD which ultimately undermines their authenticity hence they are unable to attract the much desired investments.
The solution
The Global Spy project understands these problems and aims to provide long lasting solutions. The Global Spy team has years of experience in conducting investigations into businesses and seeks to bring this expertise into the cryptocurrency space. The team will offer investigation reports upon request by potential investors, interested parties and even the ICO projects themselves. These reports will be available for purchase through the Global Spy platform on the Ethereum network. Moreover, owners of the reports can resell them on the same network and earn passive income.
The Global Spy ICO Verification browser extension
The Global Spy team is working on an ICO verification browser extension that will be available for free for all members of the public. This browser extension that is currently being built will be highly functional by providing verification status for blockchain projects and ICOs. Once an ICO is verified they will bear the Global Spy verification badge below.
How it works
The Global Spy team conducts investigations on an ICO or blockchain project by gathering information about the project, team members, and white papers among others. In addition, the Global Spy team does background checks using proven methods on these team members to ascertain their existence as well as to validate their credentials, past experiences, expertise, skill set and capabilities among other metrics. In addition, the Global Spy team lawyers check the ICO’s documentation to ascertain their legality. The team will also review the white paper and conduct tests to ensure that the team has the ability to deliver the set goals ion the road map. After this investigation of the ICO, the Global Spy will be constantly monitoring the projects using our robots. For example if whitepaper is changed, our team will be notified immediately. We will contact responsive team members if necessary and ask for reason to change whitepaper. This will make sure to keep the team and project in check and to always inform members of the public whether a particular project meets the high standards. As such, teams and projects that pass the verification test and maintain standards throughout will have a positive verification badge from the Global Spy team. Those ICOs and projects that fail to meet these standards will have negative verification badges which the members of the public can easily view through the installation of the Global Spy browser extension.
The newly launched ICO verification program by Global Spy has become super desirable among crypto enthusiast and ICO teams as several orders have been placed since publication of its initiation. The Global Spy team is already getting several requests daily to have them conduct investigations and verify projects as the demand for this initiative grows. Currently the team is working on the first set of projects to have reached out to us. This initiative will be of great importance to investors as they will be able to make investments in the cryptocurrency space and ICO projects without fear, uncertainty or doubt as the Global Spy team will have their backs covered.
The Global Spy team is always open to suggestions and feedback from you. Our CEO and our Digital Marketing manager Miikka Saloseutu will be in New York on May 6th-16th and will be introducing our project to many investor groups. They will also be on http://www.fundingpost.com/event/reg1.asp?event=409 and on Consensus 2018. Our CEO will also be speaking in Yale Club. So if any of you is in New York during this period please get in touch and get to learn more about our project.
Visit our website and social media pages to learn more and get in touch with us
https://twitter.com/GlobalSpy_Eu
