Another ICO that has only recently gained popularity is one that goes by the name of Orbis. Now Orbis is very similar to Bubbletone. It basically wants to create a bluetooth enabled private internet. So it is similar to lot other ICOs coming out. When it comes to the website, from the eyes of an investor first glancing upon it, it looks good and has a lot of speculative value. I think a lot of people who are getting into ICOs don’t know what to look for while looking into Orbis and what one notices is that the worst the project is the better the tokeneconomics usually are. That stands true due to the fact that they are trying to compensate for the overall weakness of their product in the the market and their team i.e. the human element.
So when it comes to the team with Orbis, they are very poor as they are merely interns. Any information regarding anyone but the CEO, and a lot of the other things one tends to come across, did not really check out and thus they deserve a 2 out of 10 in that regard. Their tokeneconomics is very obviously good and for that reason they deserve nothing short of 7 out of 10. So of course an investor couldn’t possibly invest in it. Maybe they could make some use of it when it hits the exchanges but it is honestly not good for a person who values fundamentals (being very weak in this case, giving them a 1 out of 10).
It is advisable for one to conduct their own research regarding ICOs and their limitations or advantages as the internet is not a good financial adviser when it comes to how one should handle their money, however, a quick overview of the way an ICO works, its token economics and its white papers is a good dive into what the ICO stands for.
Keeping all that in mind, it is essentially up to one’s own self whether they choose to invest in an ICO or not. Research, analyse and approach with caution. The world of ICOs is your own playing field and whatever way you choose to venture out in it, make sure you are fully equipped and motivated before doing so.