Discoin - ICO Review

The last two decades have seen a major change in the world, especially when it comes to new methods of communication and interaction. We have grown to become accustomed, and even dependent on the online world, with the digital becoming our new reality.

That is true for individuals, but also for businesses. With individuals spending more time on social networks — businesses had to adapt by providing online advertisement. With most people preferring to shop online — businesses had to turn to online stores, in addition to physical ones. In a lot of cases, businesses do not even own physical stores anymore, and instead, all they require is a storage area for their merchandise and an online store where you can order it.

However, this shift towards the online world is still not complete, and a lot of businesses that would benefit greatly from such a shift have yet to make the necessary steps. There could be a plethora of reasons why they failed to do it thus far, including the lack of financial or human resources, time, knowledge, experience, and more.

With the emerging blockchain technology, however, this shift could be greatly simplified, which is what the project known as Discodery aims to offer.

About Discodery

Discodery is a project that aims to provide an all-in-one solution to small businesses that wish to create their own website, app, and alike, but haven't had the knowledge, time, or other resources to do so. As mentioned, this shift could be crucial for the businesses' success, especially when it comes to small ones, and the lack of an online presence could lead to their failure.

With Discodery, businesses could reduce this risk by simply creating a complete management software, app, or website in less than 72 hours. Not only that, but the cost of doing so would only be $9.90 per month. Discodery provides a unique solution by allowing them to subscribe to their model and make their own site, app, and management software, which include more than 50 key features for business optimization.

The solution is fully-serviced, meaning that the platform would take care of everything, including the design, development, security, maintenance, publication, and alike. All of these aspects are extremely important for online businesses, and even those with a total lack of experience or knowledge about such technicalities can run a safe, successful business by using Discodery's solution. All that the platform really needs in order to start providing its service is its own native cryptocurrency, which is why it had started its token sale.

Discodery ICO details

As mentioned, Discodery is currently in the process of offering its native token to interested investors, currently still in the preICO phase, which started on August 15th, and will end in 34 days, on September 30th. After that, the project will offer its token to the public, in an ICO that will start on October 1st, and last until November 30th of this year.

The project in question is known as Discoin (DSCN) — a utility token which can be obtained for 0.0125 EUR during the preICO stage, and 0.025 EUR during the ICO. It is not being developed on Ethereum's blockchain or similar other development platforms, but on a separate blockchain. It can also be obtained in exchange for Bitcoin, Ethereum, and fiat currencies, with the minimum investment being only 10 EUR.

The project has set up a soft cap of 2 million EUR, and a hard cap of 8 million EUR. So far, they claim to have raised $23.5 million, which puts them well above their goals, and the real ICO has not even started yet.

The project already offers a working MVP, and it was registered in Hong Kong. It features several restricted areas, including Canada, the US, Iraq, Iran, Syria, and North Korea. Others are welcome to join, after going through a KYC procedure.

Author: Ali Raza for Crypto-Rating.com

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StartSeptember 30, 2019
EndOctober 31, 2019

From what I understood, Discoin mimics the features on CryptoNote in terms of double-spending proof, untraceable payments and transactions, and the use of the egalitarian proof-of-work concept. Apparently, these two projects have been in close cooperation since day one, which is a good thing, given that CryptoNote has a very competent team as well as a good social media presence. However, I am a bit suspicions about their IEO as it's conducted on some minor cryptocurrency exchange called Deex, which has a laughable daily trading volume of $5,000.

Maaaart1n   October 15, 2019  

The project seems to have sparked quite a bit of interest among investors, which can be seen by the amount that it had already raised. It has excellent ratings, as well as a great vision that will provide crypto users with a number of new crypto-friendly businesses. Not only that, but it will help smaller businesses emerge and have a chance in this highly-competitive field.

AgentArcher   August 28, 2019  

The project also has a very strong team, although small, and only one advisor according to what is currently known. Still, they seem to have a well worked-out strategy and a lot of success up to this point, which might make this one of the rare few ICOs that are truly worth keeping an eye on.

ch1zh1k   August 22, 2019  

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