NumivCoin ICO Review- Is it a Scam?

[bitcoininvestor]

The NumivCoin ICO is set to start in just 2 days, this one has a lot of hype surrounding it and looks set to sell out quickly.

What is NumivCoin?
https://numivcoin.com/?r=danbitcoin1
They're launching a new decentralized cryptocurrency that can be used to make payments for goods and services or to simply transfer funds. The main part of the platform that will interest investors however is their lending platform that promises to pay investors high interest rates in return for lending them money.
They also state in their whitepaper that it will be possible to stake and mine the coin which offers 2 additional revenue streams for investors.

The rise of cryptocurrencies and ICOs

The crypto market has grown massively during 2017. The total market cap is now well over $200 billion. Bitcoin still leads the way with just over half of the share of the market and a coin price that's now around $8000 per coin. However this year has also seen the emergence of many new altcoins that have also proven to be popular.
2017 has also seen a huge increase in the popularity of ICOs (initial coin offerings) with investors looking for short and long term gains and some just wanting to invest in projects that like the sound of. Many people now view token sales as a better way for companies to raise funds over more traditional methods.

Lending platforms

Coins that are backed by lending platforms have seen some of the biggest gains this year. Bitconnect was the first lending platform to launch their ICO and they've since seen their coin rise from a modest $0.5 to nearly $300 per coin, this has offered investors a 600x gain in less than a year.
Recently there's been an increase in the amount of lending platform token sales being launched, Hextracoin and Regalcoin recently launched and quickly saw their coins rise from less than $1 to over $30 within the first month!
Now NumivCoin is aiming to disrupt the market and with an impressive looking whitepaper they look sure to offer investors similar types of gains.

NumivCoin lending platform

The platforms lending platform is scheduled to go live quickly after the token sale is complete. They offer investors the choice of 4 different options ranging from a low $120 investment all the way up to over $100,000. The amount of interest you earn depends upon the volatility of Bitcoin but it should be around 1% on average. You'll also receive additional bonuses with bigger investments.
Return of capital for all the plans is lower than most of their competitors at just 90 days.
Joining the lending platform will be simple, first you'll need to register an account and deposit Bitcoin, you'll then be able to purchase the new coins during the token sale. Once the lending platform goes live you can loan your coins to the platform and the amount they're worth in $s will be the amount that the loan is worth.

Referral Program

The platform hopes to attract new investors by offering an attractive referral program, they pay a 7% commission on all level 1 sign ups. They also have a reward program that pays interest from your upline aswell as downline. I already have 30 referrals in less than a day so signing up with my link below should earn you a high amount of extra income:
https://numivcoin.com/?r=danbitcoin1

ICO Details

The token sale starts on the 20th of November with just 5 million coins going on sale, I recommend you get in early as this one looks sure to sell out quickly.

Conclusion

ICOs are risky so please don't invest more than you can afford to lose. Lending platforms however have quickly become my favorite type of token sale, I made 30x gains on Regalcoin and Hextracoin so I have a fairly large investment in this one.
The coin price should rise as soon as it hits the exchanges if their competitors are anything to go by. Their lending platform also offers a great interest rate so investing in that combined with the increase in coin price that's likely to happen will offer the chance for huge profits.
Signing up with my link below will grant you instant access to the website:
https://numivcoin.com/?r=danbitcoin1