King Cash ICO Review- Is it a Scam?

[bitcoininvestor]

The King Cash ICO is set to start on the 29th of December, after making huge profits with these types of token sales I thought I'd write a quick review.
http://members.kingcash.io/register_for ... anbitcoin1
What is King Cash?

They're launching a new decentralized cryptocurrency that can be used to make payments or transfer funds, it will be similar to Bitcoin. However the main aspect of the project that will interest investors is their lending program which offers investors the chance to earn huge returns of up to 45% interest per month.

The rise of cryptocurrency and ICOs

Cryptocurrency has grown quickly during 2017. The total market cap of all crypto combined is now around $300 billion. Bitcoin is still the biggest and most well known with just over half of the market cap. However this year has also seen many new currencies emerge. A lot of these new coins and tokens have been launched via an ICO (Initial Coin Offering). An ICO allows businesses to raise funds in return for distrubuting their tokens to investors. Many investors have seen huge returns from these token sales this year, with huge cryptocurrencies such as Ethereum that were originally launched with this method. This has also offered start ups a great new way to fund their projects, with many believing it to now be superior to more traditional funding methods.

Lending platforms

One of the most successful investments in crypto so far has been lending platforms. Most of these platforms claim to use trading bots that trade the Bitcoin and cryptocurrency markets and in return for raising additional capital to trade with they offer investors the chance to earn interest rates of over 1% per day.
Bitconnect was the first to launch via an ICO and initially offered their tokens for sale for just $0.5, they've since seen their token price rise to around $300- offering a return of 600x for investors.

King Cash lending platform

Full details of the new lending platform will be announced once the token sale has been completed, however they state that they'll be offering interest rates far exceeding 1% per day. The interest on your loans will be paid directly into your wallets every day. Your capital will be locked up for a set amount of time depending on the amount you invest, and returned to your wallet afterwards.

King Cash ICO Details

The ICO is set to begin on the 29th of December. There's a total of 4.2 million tokens available during the pre sale and main sale combined. The price will intially be set to just $0.5, making it advantageous to get in early.

Referrals

As with many businesses, King Cash hopes to attract new investors to their website by offering an attractive affiliate program, they pay 10% on first level referrals. They also offer a binary type commission system, by signing up with my link below you'll be guaranteed extra profits:
http://members.kingcash.io/register_for ... anbitcoin1
Conclusion

All of these types of token sales are highly risky so don't invest more than you can afford to lose. However lending platforms have so far shown to offer investors huge rewards, with many rising to $20 per token as soon as they're listed on exchanges.
One of the advantages of this sale is their low total supply and low price, meaning that the token price should increase quickly.
By combining the increase in token price with their lending platform it should be possible to make huge gains in a short space of time.
Sign up with my link below to gain instant access to the platform:
http://members.kingcash.io/register_for ... anbitcoin1

[CryptoLending101]

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