Chronium ICO Review- Is it a Scam?

[bitcoininvestor]

The Chronium ICO is set to start soon after their pre sale quickly sold out.

What is Chronium?
https://chronium.io/?r=danbitcoin
They're releasing a new cryptocurrency coin that will allow users to pay for goods and services or to send funds to family and friends. The main aspect of the new platform that will interest investors however is their lending platform which pays high rates of interest in return for lending them money.

The rise of cryptocurrency and ICOs

Cryptocurrency has risen quickly during 2017, the total market cap if all coins combined is now over $200 billion. Bitcoin is still by far the biggest and accounts for just over half of the entire market, their coin is now valued at a huge $8,000 each. However many other cryptocurrencies have seen huge gains during this year too.
There's also been the introduction of ICOs (initial coin offerings) to the market, these token sales offer investors the chance to purchase tokens and allow companies or projects to raise money for their new platform. Many now view this as a better way to raise capital over more traditional methods.

Crypto lending platforms

Many new industries have entered cryptocurrency recently. One of the most successful so far has shown to be lending platforms. These platforms offer investors high interest rates in return for lending them money. Most of them claim to use trading bots that trade the Bitcoin and altcoin markets.

How to get started with Chronium

Getting involved in the new ICO is simple, just register on their website, deposit funds on to the platform using Bitcoin, then you'll be able to purchase the coins when the sale goes live.

Lending platform and Staking

The new platform will offer 2 main ways to earn:

[*]Lending platform: Their new lending platform offers different options depending on how much you wish to invest, anything from $100 to $100,000 is possible. The lending rates vary but will be up to 50% per month, your capital is locked for a set amount of time and then returned to you, the term depends on how much you wish to lend.
[*]Staking: Staking simply involves holding your coins in a wallet, ofcourse doing this pushes the price of the coin up so you'll be rewarded with up to 10% per month interest.


Chronium ICO Details

There's a total of 5 million coins going on sale which will initially be priced at $0.4 each. Getting involved early will ensure that you get a better price.

Referral Program

As with many businesses the new platform is aiming to attract new investors to the platform by offering a generous referral program. Their program offers more than many of their competitors as they pay commission on the loan amount and commission on the interest that your referrals earn. Level 1 referrals will earn you 10% commission on both lending and lending interest.
https://chronium.io/?r=danbitcoin
Conclusion

All ICOs are risky so don't invest more than you can afford to lose. However investing in the previous lending platforms has given me huge gains of around 30x my investment within a few weeks on average. The price of the coins tends to go to around $10 as soon as they're listed on popular exchanges, ofcourse this isn't guaranteed though. The lending rates that the platform plans to offer are also very generous so making some loans will offer you the chance to earn coins distributed to your wallets daily.
Signing up with my link below will grant you instant access to the platform:
https://chronium.io/?r=danbitcoin