Yokucoin ICO Review- Is it a Scam?

[bitcoininvestor]

The yokucoin ICO has just started with the coins currently available for just $0.9.

What is Yokucoin?
https://yokucoin.com/register/danbitcoin1
They're launching a new decentralized cryptocurrency that will allow users of their coin to make payments or transfer funds. The main aspect of the platform that will interest investors however is their lending platform which promises to pay investors up to 49% interest per month.
They state that they're able to do this as they use bots to trade the cryptocurrency markets.

The rise of cryptocurrency and ICOs

Cryptocurrency has grown quickly during 2017. The total market cap is now over $200 billion. Bitcoin still leads the way with just over half of the total market and a huge coin price of over $8,000. However this year has also seen many other coins grow quickly.
The year has also seen a huge increase in the amount of ICOs (initial coin offerings) being launched. An ICO allows a company or project to raise funds in return for distributing their coins or tokens to investors. These token sales have seen investors make huge gains by getting in early.

Lending platforms

One of the most successful token sales for investors so far has proven to be lending platforms, these companies offer high interest rates in return for lending them additional capital to trade with.
Bitconnect was the first to hold their token sale at just $0.5 each, they've quickly grown to now have a price of nearly $300, this has given investors a 600x return in less than a year.
Many other platforms have recently launched such as Regalcoin and Hextracoin which quickly grew to over $40 coin.

Yokucoin Lending platform and advantages

The new platform offers to pay investors up to 49% interest per month. They plan to offer different packages based on the amount you wish to invest with full details being announced later.
The website also offers a lower rate on referrals than the industry has become used to, this makes the platform sound realistic to me personally.

ICO Details

The ICO is scheduled to run untill the 20th of December, however it looks certain it will sell out sooner.
The coin price increases as more coins are sold, during round 5 the price will be $5, making it far better to get in early.

Conclusion- is it a Scam?

Due the amount of interest being offered some people believe lending platforms to be ponzi schemes, however some of them have been around for a year now which is longer than most ponzi schemes last.
It must be noted though that all ICOs are risky, however investments made into these types of token sales have seen me profit hugely recently so I'm prepared to take what I view to be a good calculated risk. The price of these types of coins tends to rise dramatically as soon as the sale is finished.
By combining the lending platform with the increase in the coin price it's possible to make huge profits.
Sign up with my link below to gain instant access to the website:
https://yokucoin.com/register/danbitcoin1