
got another ICO review for you guys I'm super excited to get started but before
we do I just want to say if you guys are new to the channel and you guys have no
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right in says the cryptocurrency ICO I'm going to be talking about today is
algebraic s-- algebraic scre lee they have an saft for creditor investors only
so if you guys are interested in participating you guys can go ahead and
click participate now now you guys are probably wondering what is this
ICO what do they do and damp a short video I'm a short it's like four and a
half minutes long but I'm not gonna play the whole thing but this could kind of
show what they're doing what the problem is and what they're trying to fix and I
thought the video explained it very well when I checked it out so I'm gonna go
ahead and play it for you guys to take a look
like this that making money off people's data but they're also making money on
people's behavior what's the individual giving they may
have a social network that this is also very important it comes up with the
whole situation that we're going through now that Facebook's having um the whole
you know Facebook data scandal that's going on and a lot of you are very upset
which again is just pushing more people towards cryptocurrency and towards other
projects that are trying to create a decentralized social media but so I
think this project comes in at a good time with what they're trying to do so
I'm gonna like this keep playing but keep in mind this is kind of where the
world is shifting
they're interrupting your work and they never ask permission
people have this experience they don't really understand what kind of there's a
decentralized now when you set up a blockchain business you allow
individuals out to contribute to the network and you actually have to pay
them blockchain technology is a pushing mechanism whereas if you look at it from
legacy systems like credit cards that's a that count might not want to have it
pulled out so if I'm pushing it too it's like I paid you cash it's now time for
individuals versus Facebook Google Twitter the biggest companies in the
world we're creating an application individuals if they choose to share it
advertisers will make them an offer to see their app are totally disrupting a
whole nature
so I'm gonna stop it there because it does go on for a little bit you guys can
check it out if you guys want to but overall they're trying to fix the
problem with you know who's benefiting from your data and you know how much
data they have from you and something we don't really think about so honestly you
don't realize that jumping from one website to another website they both
kind of give you the exact same ads because they still know what you're
looking for right and they're still gonna try and it's all dominated by like
just the biggest companies so you know Google Microsoft Facebook all these guys
have all of your information and so you know going from Facebook to Instagram
you're gonna see the same ads in Google it's all Google AdWords so you're on
you're gonna see the same ads it's gonna be targeted at you because they know
what you like to do they know what you search for they know everything about
you and these guys are trying to fix the issue of them benefiting from having
your data without you know and you you don't benefit it all currently so
they're trying to add it at a middle part where you as the person can
actually make something from choosing to share your data and choosing to see and
advertisement so the beta is live you guys can go check it out also they're
having an airdrop a beta tester err job for people it there is a limited number
of participants so again if you guys are interested in this I would recommend
going to check them out before we get started before we continue though guys I
just want to say I'm not a financial advisor this is not financial advice I
want you guys to do your own research before you put your money in anything
I'm here to kind of help guide and kind of
you know give you guys my opinion on a certain I see over at the end the day
you guys have to do your own research before you invest otherwise you will not
you will you will be the weak hands that sell in the market all the time because
you're not going to be confident in your investment but anyways let's take a look
at here at how it works so marketers populate content on the on the al X
network tell us about the prospects they'd like to reach and set up budget
so with permission from qualified prospects LX delivers marketers content
across this distributed network prospects that interact with content are
instantly rewarded by marketers with al X tokens marketers receive anonymous
anonymized analytics that account for meaningful customer engagement so
win-win for everyone right you get better you you get benefited by
interacting with the ad if you want to the company then is paying for you to
have you interact with the ad if you want to and so everyone honestly ends up
winning now you guys can go check out on the white paper and all that again it's
fairly long so I'm not going to go too much into detail on the white paper
right now I'm going to leave that up to you guys to do your research because I
don't want this video to be ridiculously long now if we look at their team they
need to all have linkedin's they all have twitter so let's just go to the CEO
we can open both his Twitter and his LinkedIn he's got 2,700 followers I'm
honestly more interested in LinkedIn when it comes to the actual person
because I want to see what they do with if it's updated we see a lot of I SEOs
where the team is just not updated at all so he's got over 500 connections
that's good I'm going down the list again you can
see a lot of experience you went yet because education a bachelor's in
history so not anything engineering Mullane not anything development related
but still um a good university and then you guys can go over and see where they
previously work now I recommend when you're researching and I co2 infested to
go look at everyone I'm saying CEO CTO chief strategy officer CFO everyone see
their experience now one thing I've noticed the one issue I'm having while
looking at their team is I'm not seeing anyone who is an
expert in blockchain and that is something again I don't see many
advisors I don't see many you know either board directors that's not the
same thing as an advisor in my opinion or my you know at least to me it's not
the same thing as an advisor that's not how I read it and I don't see anyone
with much blockchain slash cryptocurrency experience which I think
is huge in this space now they do show the development team you guys can go
check them out as well and again it's a big team which is good I guess a lot of
I SEOs you can also don't have a big team and that kind of concerns me to
know how they're gonna get everything done now they also have been published
on a lot of different places between bloomberg Forbes Huff Post Inc Mashable
etc Accenture you guys can go read that and submit to their newsletter now again
I like the idea behind this behind this crypto currency of this ICO I like the
idea you guys go check out their token metrics as well they have 30% going to
saft investors now that is fairly low usually token allocations a lot more
goes to investor they they're holding 50% as company reserve it's yeah the
remaining 50% former company continuously reserves some of which will
be used to promote algebraic sunette work growth so I guess if this isn't in
circulation then the actual percentages aren't bad the company account gets 20
and the investors get 30% then the other 50 is taken away
well other than that 30% is fairly low when it comes to the actual token
allocation usually we see I SEOs you know allocating some was 70 75 percent
of the tokens in the pre sale or the IC o---- sale now also social media all you
guys know I'm a big fan of crypto currencies and I SEOs that can get a
good community and that honestly is pretty much key because you guys gonna
see even a bad IC or a bad token can have a pump in price just because of the
community now I'm not saying this is a bad idea whatsoever
I like their idea I think there's a their pros and cons to this project 2800
members in the telegram and 8,000 8,000 six
followers say in their Twitter so again Twitter's looking pretty decent they
seem to update it very often with something I like you know create content
go around they're showing them at different events which is great you know
create a lot of content is now Facebook Twitter and everything banning ads the
best way you can do or the best way you can build a community is honestly by
just creating a creating a lot of content although a good telegram Twitter
with tons of content Instagram with tons of content all of that stuff the more
content the more you show people more transparent you are the bigger of a
community you're going to build as long as you have a good project of course now
yeah that's basically it for this I see oh guys I just want to say my opinion
overall I think it's a very interesting I see oh I think they are trying to
solve an actual problem is it gonna be easy to solve no because you are
battling some giants in the space but at the same time there is an actual issue
that people are starting to notice and you know if there is actually the issue
people are starting to notice it's starting to push them towards other
methods oh and other methods we see a lot of people just disabling their face
because they refuse to go back on it because of all this issues and this is
then therefore the perfect time to come up with some other ideas you know Tron's
trying to create a social media platform they're trying to go on with that we
have steam it's also one and now these guys are trying to fix the advertising
space in that as well so definitely something worth checking out you know
I'm always a fan of going around and checking out ICO is checking out a new
project tech checking out crypto currencies and again if you guys want to
participate in the token sale you can go ahead and you know sign up right here so
let me know what you guys think of this ICO in the comment down below
I personally am going to be waiting a little bit to see where things go before
I decide to invest or not invest I still need a little bit more time but let me
know what you guys think in the comments down below also guys make sure to leave
a thumbs up on the video if you guys did enjoy and subscribe the channel if you
guys are new and you guys want to see more of these type of reviews guys thank
you so much for watching I'll see you guys tomorrow for another video
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