YSign.io - A new way of communication (ICO Review) - The most genuine ICO Blog, ICO Reviews, ICO Listings

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Saturday, April 21, 2018

YSign.io - A new way of communication (ICO Review)

ySign is a new blockchain-based global platform for free communication and discrete conversations with 100% privacy, created as an opportunity to stay anonymous and secure.

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What they say about the company
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We are a developed Information Technology company with an extensive knowledge of hardware and software, located in Malta. Our staff works in an ever-changing technology environment which requires us to stay on top of the market. We are not just one more IT company, we are a team of enthusiastic individuals with passion and creativity. Our team always strives for best results and successful projects. Good ideas and prosperous projects come from proven collaboration and being able to direct a team to do the best that it can do. At ySign, we all come to work every day because we want to solve problems and develop our ideas in IT branch. Information Technology is a field of constant change and it requires from us to always move forward and to keep in step with its development. Over the years we gained a lot of experience with exchange platforms and financials. The development of technologies has helped us to find new ways of building a free society, where everyone has freedom of speech and freedom of expression. We truly believe in the power of technology and its ability to simplify and forward communications, elevate experiences and connect people all around the world.
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What they say about the Project
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Communicating with someone freely and without a stored copy of conversation will be possible with our new application for secure, decentralized communication. When we say freedom, we think that the complete app is decentralized, which means there is no processing and storage of messages or calls. ySign is a new messaging application based on blockchain technology. With our app, we can send messages and make phone calls to others free, secure and anonymous! Creating and developing an app for communication without stored information was our goal. Instead of storing your chat communications or calls on a central server, ySign uses blockchain technology for decentralized file sharing to carry and distribute encrypted messages. The decentralized blockchain is our way to secure and guarantee users total privacy during the exchange of information. If there is no centralized copy of all data, there is also no possibility to misuse any information about users. Also, the application doesn't require any personal information from users - users are registered just with username and password. That way ySign provides a high level of privacy and security for registered user and all data. We are giving you the chance to interact comfortably with people around you.
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Vision & Mission
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We live in a time of constant development of technology and we are aware of the amusement that people get from social media, which can become addicting on its own. We understand that we all have the right for privacy and possibility of anonymity and freedom in communication. The platform was managed to encourage people to consume better, to interact with other people more and secure a free space for participants who are communicating and exchanging information. Our goal is to create and develop an always growing application that helps users connect with other people in an interactive way and benefits by removing stored information. Our mission is to make the application more transparent because we want to make this application available to as many people as possible. The plan is to have as many users as possible, which will later help us to break into global market together.
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Token Financials
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Token symbol: YSN
Token type: ERC 20
Total token supply: 80 000 000
Soft Cap: $2,000,000
Hard Cap: $15,000,000
Pre-sale date: March 21st, 2018 to April 18th, 2018 (Over)
Main sale started: April 19th, 2018 (Ongoing)


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Road Map
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Team
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Web presence & Social media
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Final verdict of BestICO
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Branding: (1 out of 1)
Looking at the ICO website as well as the application website, I must admit that the team has branded the ICO and the product very well. Information are provided in clear and concise way. The roadmap is clear and informative and the website is also available in 4 languages. I see no reason to deduct any marks in this parameter. 

Office address and Registration: (1.5 out of 2) 
The YSign brand is owned and operated by Everest Marketing Solutions Limited and registered vide tax identification no. 998108020. The address of the office is registered as Triq il Hawt,  Swieqi SWQ3434, Malta. We have checked the company directory of Malta and found the information is true in all senses. It is available for public viewing, so any individual can check the correctness of this information. 

Working product: (0.5 out of 2)
As we have already mentioned inf few previous reviews, that this is a very serious parameter for judging the credibility of an ICO. Ysign is yet to release their product in the market. They have a different website ready for the promotion of their communication suite however, as per the roadmap, the working product will be released in the month of December, 2018. We understand that the kind of communication suite they are planning to bring to the market is very complex and advanced in nature and also the kind of technical expertise required to build such a product is not easily available in the market. We will wait and watch for their product to come out to the market and the rating will be changed accordingly. 

LinkedIn profiles: (1.1 out of 2)
ySIgn team consists of 9 full time members and 3 advisers. We have visited each profile individually and found that 5 of them are well connected with 500+ connections. Even though this particular parameter has very little to do with the success of the ICO and the product. However, having old and well connected profile in the project certainly boosts the credibility of the entire project.

Business feasibility: (1.5 out of 2)
A secure and end-to-end encrypted communication channel is the need of the hour. Even though we have a lot of options nowadays, but security is one factor that many people will not compromise on. There are lot of people and businesses available, who won't mind paying a price for that security. So YSign can make a good impact on the market with their secured communication suite, once it is available, despite the competition. 

Our rating: (1 out of 1)
YSign looks like a good ICO to us due to the branding and marketing efforts taken by the team. They are being operated by a Malta registered company which has been verified by us already. Also we see good business feasibility in the project. Hence we are awarding 1 out 1 in our rating. 

Final verdict: 
After a thorough research, BestICO decided to award 6.6 out of 10. 


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BestICO does not encourage investing in any ICOs published on the platform. Please make sure to do your own research before investing money into Initial Coin Offerings. All content on BestICO is meant to be used for information purposes only, and should not be taken as financial or investment advice.



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