Ventures ICO analysis

I present you a review of one of the recent crypto industry projects.
We will talk about the 3DES project.

The project was started in summer 2017 during a rapid growth of the ICO industry, it was announced as a decentralized computing system for 3D printing models processing.
The team focused on attracting the venture capital interested in the product development. The project successfully completed the pre-ICO and ICO stages and is developing according to the roadmap schedule.
A few days ago the project’s token was listed on IDEX and crex24 exchanges.
https://idex.market/eth/3des
https://crex24.com/ru/exchange/3DES-BTC

The estimation of a trading perspective on IDEX is interesting. Let’s make a factors analysis that affects the possible asset trends in the mid-term perspective.
For a trading perspective evaluation, the most important factor is the project viability. 3DES has successfully passed the critical market phase that took place this spring and summer, while the team managed to hold a successful ICO and release 2 MVP versions.
The second factor is the token listing on a popular exchange IDEX, which indicates that the project passed the exchanges filter, and according to the team, it’s not the last exchange to get the token listed.
Since the initial token price isn’t high ($0.5) at the moment and the team has announced the plans to scale up into a universal decentralized computing tasks exchange, the tokens a high growth potential which is reinforced with the general estimated crypto market growth.

Given the analysis above, 3DES can be recommended to include in the investment portfolio for a mid-term with a moderate risk rate.
In general, the cryptocurrency market is going through a transition phase from a speculative to a venture financing model, and the projects like 3DES fit the new market model.

Later we will continue to review the projects that are interesting for mid-term investing.