MartCoin ICO Review- Is it a Scam?

[bitcoininvestor]

The MartCoin ICO is set to start on the 8th of December, they're offering interest rates of 1-3% per day so it looks set to sell out quickly.

What is MartCoin?
https://my.martcoin.io/ref/b7b25213
They're launching a new decentralized platform for online gambling. They plan to have their token run on the Ethereum network.
One of the main aspects of the project that will interest investors however is their lending platform which promises to pay 1-3% interest per day.

The rise of cryptocurrency, ICOs and lending platforms

Cryptocurrency has exploded during 2017. The total market cap of all coins combined is now over $300 billion. Bitcoin is still the biggest and most well known with just over half of the total market and a huge price of $10,000 per coin. However many new cryptocurrencies have emerged this year with Ethereum for example growing quickly to become the second biggest.
Many of the new currencies including Ethereum launched via an ICO (Initial Coin Offering). An ICO offers a start up the chance to raise funds in return for distributing their tokens to investors. Many of these token sales have seen investors make huge profits with such a large amount of hype currently surrounding cryptocurrency.
One of the best performing niches within crypto so far has been lending platforms. Most of these platforms claim to use trading bots that trade the cryptocurrency markets and in return for raising additional capital they pay investors over 1% interest per day on average.
Bitconnect was the first and currently the biggest, they initially sold their token for just $0.5 each which has now risen to $300- offering investors a huge return of 600x.
MartCoin is slightly different compared to their competitors as they plan to launch a real business aimed at the gambling niche rather than using trading bots.

MartCoin Lending platform
https://my.martcoin.io/ref/b7b25213
Lending on the new platform will go live once the token sale has been completed. The interest you receive each day depends upon how successful the platform is with their gambling business and the amount you invest, however they promise the minimum you'll receive will be 1% per day. Once you've made a loan the interest will be paid into your wallet daily with the capital returned after a set period of time.
They plan to offer 4 different options in their spinning program:

[*] $100-$1,000: You receive 1-3% interest per day with your capital returned after 189 days.
[*] $1,010-$5,000: You'll receive your capital back after 159 days.
[*]$5,010-$10,000: You'll receive your capital back after 129 days.
[*] $$10,010 and above: You'll receive your capital back in just 99 days.

ICO Details

There will be a total of 5.8 million coins available during the token sale. The price will initially be set to just $0.5 each. However it will rise quickly in 5 cent increments as more tokens are sold until the final price of $1.25.
The token runs on the Ethereum network so it should be listed on EtherDelta as soon as the sale is complete.

MartCoin Conclusion

Investing in cryptocurrency is risky so please don't invest more than you can afford to lose. However the profits on offer with lending platforms has so far been huge. Obviously bitconnect is well known but more recently Regalcoin and Hextracoin grew from less than $1 to $30 in just a few weeks.
This platform offers some key advantages over their competitors too:

[*] It's an Ethereum type token, this means that it has a real blockchain rather than just being a centralized exchange.
[*] They're planning to run a real business, this will be viewed as advantageous by many, it's impossible to know whether their competitors even have trading bots, this companies business will be on display to investors.
[*] The team behind the project seem professional and have launched with a well made website and whitepaper, this may sound basic to some however it's been missed by their competitors who still succeeded despite not even being able to speak good English.

The token price will be expected to rise as soon as it hits the exchanges as it did with their competitors. By combing the profits from the lending platform with the expected increase in token price it should be possible to make good profits. Getting into the project early offers clear advantages with the token price initially being much lower.
Sign up with my link below to gain instant access to the website:
https://my.martcoin.io/ref/b7b25213

[CryptoLending101]

Check out the Latest Review of Martcoin at https://cryptolending.review