HELIXHILLS - ICO Review

The invention of the internet, as well as its expansion and maturing, completely revolutionized the service market. You could now find someone for performing pretty much any type of service on the internet, whether you need a programmer, a writer, a personal assistant, or anything else — there is someone somewhere willing to do that.

This brought the world together and allowed people from all corners of the globe to provide services and earn money. Of course, the obvious condition is that the work that you need is not something that requires physical presence.

But, as great as the situation had become, it also came with a fair share of problems, such as difficulties in selecting business partners, concluding deals, and sending payments. Often enough, payments have to go through a number of services that take away a certain percentage of the earnings, thus reducing the payment for the service provider, which can be quite frustrating.

Enter blockchain technology, which comes with additional security, low transaction fees, smart contracts, and all other beneficial features that can revolutionize this concept even further, and significantly improve the service market by making it completely decentralized. This is what projects like HELIXHILLS aim to achieve.

About HELIXHILLS


HELIXHILLS is a blockchain-based project that aims to use the blockchain infrastructure to help service providers, consumers, as well as professional consultants. With its algorithms, the platform would provide an easy method of selecting appropriate business partners, concluding deals, and more. It would also record interaction time, and then appropriately bill relevant parties via the corresponding tariffs.

Reliable users could even use it for getting instant loans, which would certainly be helpful to those that are just starting out.

HELIXHILLS comes for the provision of on-demand advice, and it can offer to order pretty much any type of service and let the service provider receive money in exchange. Whether you have a service to offer, a professional skill, or expert advice — HELIXHILLS is likely to find someone who needs it.

The only thing that the project still needs in order to start functioning is its own native cryptocurrency, which would be used for fueling the platform, delivering payments, and alike. This is why the project has started its ICO, and is holding it right now.

HELIXHILLS ICO details


As mentioned HELIXHILLS ICO is currently on-going, although it will not last for much longer. The project had its preICO stage, which started on July 3rd, 2018, and ended on Oktober 25th, 2018. After that, its ICO started on October 27th, 2018, and it will end in about a day, on August 21st, 2019. In other words, there are only a few hours left before the ICO is concluded.

The token sale itself is offering the token called HILL — a utility token developed on Ethereum's network. The token's price during the preICO period was 0.0002 ETH, while its ICO price is slightly higher, sitting at 0.0005 ETH.

The token can be obtained in exchange for Ethereum, Bitcoin, or Litecoin, although the minimum investment is 0.1 ETH. The team has set up a soft cap of 2,000 ETH, and a hard cap of 40,000 ETH. They also offer an MVP and a bounty. So far, they did not publicly disclose how much the project managed to raise.

Finally, the project is registered in Estonia, and it has no restricted areas. It also doesn't require Whitelist or KYC procedures, so anyone in the entire world is free to join at any time.

Author: Ali Raza for Crypto-Rating.com

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HELIXHILLS
StartOctober 27, 2018
EndAugust 21, 2019
Expired

The project itself has an interesting vision and a way to connect service providers from all over the world on the same platform. However, as many have pointed out already, centralized services like Freelancer, Upwork, or Fiverr have been doing the same for years. You could argue that this is a blockchain version of such services, although many believe it to be unnecessary, as the number of complaints about these websites is truly minimal.

aStroB0y   August 22, 2019  


Further, at least one of the project's advisors was previously known to take money for paid rating, which does not contribute to the project's credibility. Not to mention the failed KYC, which is a big red flag. All in all, there are too many issues and suspicious aspects for the project to be safe, and even if it is, it is entering a highly competitive market where it will have a hard time gaining a footing.

JystD01t   July 11, 2019  


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