6 differences between ClearCost and an average ICO project
1. Product
An average ICO project most often has a complex product that requires additional development and implementation.
ClearCost already has a working MVP (hotel booking service) with a clear and transparent business model.
2. Benefit
An average ICO project promises multiple-times benefit, but without justification.
ClearCost benefit is simple and clear: it’s 4–8 times more beneficial to use CCWT tokens than fiat money to pay for the service subscription.
The economic basis for the growth of the token price is the cost of the subscription in the fiat money. The cost of the subscription in the token is falling, but in fiat money is growing, so the market value of the token is increasing.
3. Market
Market of most ICO projects is well researched (from marketing angle), but not tested in practice yet.
The ClearCost’s market is dynamically developing and tested in practice.
4. Risks
It’s a matter of long discussions and disputes, but the main risk of ICO projects is that the project will not be launched.
As for ClearCost, the risk of non-launching is extremely low, since the first version of the service is already working, and people are served.
5. Capital raising goals
Usually, the average ICO project raises funds to develop the product itself and its infrastructure. At the same time, ClearCost raise funds to improve the existing service and to promote it among cryptocurrencies users.
6. And the last, but not the least — the role of a cryptocurrency
In average ICO projects, the role of a cryptocurrency is to attract investment.
In ClearCost project, it’s creating of a network of users, since our cryptocurrency — CCWT tokens — is one of the ways to pay the service subscription fee.
So, ClearCost is an ICO project that is particularly in a number of aspects that make it stand out from other ICO projects.
You can find more details of the ClearCost project at the website www.clearcost.io.