skraps — the 1st company to allow micro investing to the world of cryptocurrencies

4 min readMar 12, 2018

ICO Analysis:

With an ecosystem driven by economic innovation, the blockchain enterprise has become a thing of value to the internet society, so also is the value of every creative product that comes through it.

Investors are willing to take part in ICO projects that have viability and solidity potentials; more so, the current trend in crowdfunding for startups has become the topmost opportunity for both investors and internet entrepreneurs to build relationships centered upon the fabrics of decentralized networks.

The major problem currently experienced by most investment opportunities that come through ICOs is the issue of trust, and this has over time proven to be difficult to obtain without certain measures in place.

Even with the advent of smart contracts, to the traditional investor, it becomes more difficult to toggle between lines of incomprehensible codes to adjust their mentality

It’s quite unfortunate that some of the projects which sounded like an innovative way to use the blockchain technology were unable to meet up with their minimum requirement to begin product development.

With this in sight, it therefore means that despite the fact that ICOs do make it easy to source for funds from a global pool of prospective investors, it really isn’t as simple as it sounds.

The hurdles being experienced by the traditional venture capital system seem to be spilling into the decentralized system.

Trust is still the issue, investors need to be protected, project developers need to keep up with their promises, the products need to achieve the design grade if not to surpass it.

Mass adoption is also an important criterion for the development of the project.

In all, Skraps represents that centerpiece with its intriguing solution.With the intermediary function of the Skraps platform, subdividing into different stages, functions and performance grade, the ultimate goal is to ensure that a win-win situation is achieved.

Features / Functions of the platform

the key features of this platform are to help people who are into investing that they could also invest in a small amount of money which is spare change; Yes that’s right! even if you are small time investor you can participate. It makes the platform very simple and easy so that investor doesn’t need to be stress out on how to use the skraps.

This are some of the Key Features of the skraps project:

Easy to invest

With this unique, quick and easy steps, everyone can begin investing even the small time investor.
Connect your Wallet — investors need to connect their crypto wallet or credit/debit card for the user can make purchase to the skraps.
Make purchase — you can decide how much you want to purchase and its automatically round up to the nearest decimal point.
Invest your change — it is automatically invested your spare change to the chosen portfolio that you’ve decided to choose from

Low Cognitive load

With this low cognitive load you don’t need to worry about your spare change. as i have said above all spare change are automatically invested and are taking care of.

Choose portfolio based on your risk appetite

Well how about this in Skraps you can control the level of risk you want base on the risk level.

There are 5 different risk levels

Conservative, Moderately Conservative, Moderate, Moderately Aggressive, and Aggressive. Of course the higher the risk the higher the reward you get and the smaller risk you choose the smaller rewards you get.

Create your own portfolio and share with the network

By creating your own portfolio you can share Skraps on social media platform to create their own portfolios and used it. Not only you are sharing this but you are also gaining additional revenue stream if their portfolio is profitable.

Be in complete control of how much you invest

Most of the transactions are BTC, ETH, and Litecoin even small fractional amount of bitcoin, ethereum and litecoin can be invested. For example 0.00000001 btc, 0.0001 ETH can be invested this is how much you can control your investment very rewarding and generous of this skraps platform right?

No onerous requirements

here you will know more of this platform.

No minimum or maximum amount of investments
No minimum or maximum balance
No withdrawal fees
No payment delays. Instant payment processing
Instant withdrawals and
Anonymity — no social security number or other ID for KYC is required.

Ofcourse everybody wants to secure their money, who doesnt want to ?

Security

With the unique security system the data is protected with 256-bit encryption and never stored on their devices,no one can access your data only you thats how well security your account is.

Skraps ICO is currently ongoing until March 19, 2018.

Token Worth — 0.45$

Supply — 110,000,000 SKRP