Blockport is now Reasonably Liquid
Coins, Cryptocurrency ICO 2018-01-30In 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.
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