HydroCoin ICO Review- Is it a Scam?

[bitcoininvestor]

The HydroCoin ICO is currently underway. There's been a huge increase in the amount of lending platforms recently, please note that investing in any is risky but this one looks to be much better than most.
https://hydrocoin.io/link/danbitcoin1
What is HydroCoin?
https://hydrocoin.io/link/danbitcoin1
The new platform is launching their own cryptocurrency coin that can be used to make puchases for good or services and also send money to friends. The main difference behind this platform is that they're aiming to start mining cryptocurrency with renewable energy, they hope to create one of the biggest mining operations in the world.

The cloud mining market

The cloud mining market has grown massively in the past year along with the price of cryptocurrency in general, the biggest operations such as genesis mining make millions of dollars every month.
The main problem with these platforms is that it's hard to profit due to the electricity cost. The new HydroCoin project aims to make mining more profitable by using renewable energy, which after the initial set up costs should prove to be much more cost effective.
To do this they're raising money during their pre sale and ICO and will also launch a new landing platform that offers a minimum interest rate of 1% per day.

Lending platform

The new lending platform will go live as soon as the ICO is concluded. There'll be 6 different investment options ranging from a minimum of $100 up to a maximum of $10,000. Each plan will pay out between 1%-1.3% interest per day, with your capital returned between 77-100 days depending on the option you choose.

How to get started

Getting started with the new website is simple, just sign up by providing your email, choosing a username and password and a pin code. once signed up you can deposit bitcoin and purchase the new coins through the dashboard.
once the ICO is finished the lending platform will be live, once you've purchased your coins you can easily select a loan option to purchase. Once you've purchased a loan you'll receive daily interest directly to your wallet, then the coins are free to do what you like with.

Referral program

As with many of these types of platforms they aim to gain new customers by using a referral program. The new platform offers 6% commission on the first level with additional commission paid all the way down to level 6.
They also have a binary type system that pays commission on your total sales from your whole team.
Signing up with my link will allow you to get started with the referral program quickly:
https://hydrocoin.io/link/danbitcoin1

Reasons to invest

All ICOs are extremely risky so please don't invest more than you can afford to lose. However the profits seen with similar types of ICOs has been huge. Bitconnect was originally sold for just $0.5 per coin and is now valued at over $200 per coin with a total market cap of over $1.5 billion. More recently Regalcoin was sold for less than $1 and is now valued at around $40.
It's pretty much a guarantee that as soon as the coin hits the exchange that it will gain value quickly, due to many investors behing scared to invest early in these types of platforms, once the coin is on an exchange with a working lending platform then many more people want to be involved. Hence why getting involved early can provide users with such a high profit.
As I've already stated this investment is risky but I view it as a calculated risk, I've already made huge profits with bitconnect and Regalcoin so I'm happy to reinvest some of my profits.

ICO Details

The coin price starts at just $0.3 per coin and slowly rises to $0.525 as more coins are sold. There's a total of 7 million coins available for sale during the ICO with a hard cap of just $3 million.

Conclusion

This is a high risk investment so I'll personally only be investing around $1,000, its possible to lose your entire investment, however if the coin gets listed on an exchange after the ICO (which it should) then the price is likely to quickly rise by 10-50x within the first month or 2.
Signing up with my link will provide you with instant access to the platform:
https://hydrocoin.io/link/danbitcoin1