Blockport

Blockport is now Reasonably Liquid

Coins, Cryptocurrency ICO

In an earlier post about the Blockport ICO I complained that there was no promise of liquidity in their Whitepaper. However their Admins in the Telegraph forum said that they token would be tradeable on some exchanges. I did not like their equivocation and decided not to invest. However they have now listed on two decentralised exchanges.

Blockport Exchange Listings

Exchange
—————————————–

The Blockport Tokens are currently tradable on:

EtherDelta: https://etherdelta.com/#0x327682779bab2bf4d1337e8974ab9de8275a7ca8-ETH

Idex: https://idex.market/eth/bpt

Additionally, we are in the progress of talking to public exchanges. However, we are strictly bound to NDA (Non-disclosure agreements) so we cannot disclose anything regarding the developments.

and the token currently trades at 26% above the ICO price.

Lessons Learnt

Early liquidity greatly reduces the risk in an ICO investment. I don’t think that Blockport offers a long-term return to investors but I could have safely invested in the ICO and then sold on one of the decentralised exchanges. These seem reasonably liquid even in January 2018 which is a bear market.

The question to ask before the ICO is “will the token be unlocked and tradeable on Etherdelta?”

See more Blockport posts.

Author

James Bayley

Ex-physicist, professional project manager and cryptocurrency enthusiast.

Related Articles

Leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Disclaimer

This site provides educational material only and nothing herein constitutes investment advice. You must conduct your own due diligence before buying any cryptocurrency related product and should consider taking professional advice.

Privacy Policy

Warning

Cryptocurrency investment is very risky and you may loose all your money. Risks include but are not limited to, theft, fraud, exchange failures, and technical errors leading to partial or total loss of funds. Never invest money you cannot afford to lose.

Terms and Conditions

(C) 2017 Cryptocurrency.guru

Back to Top