Yanzhi Chain starts locking investment. Founder Tan Bin shares five secrets of ICO investment

Since Yanzhi Chain started locking up investment at 20:00 on the evening of July 27 , it has triggered a buying frenzy. Communities in major cities across the country, such as Shanghai, Shenzhen, Beijing, Guiyang, Hangzhou, etc., have set off a rising subscription trend. Yanzhi Chain's official ICO time is from 20:00 on August 6, 2017 to 20:00 on August 29 , 2017 .

The Beauty Chain is a universal public chain for the digitalized beauty industry built for the beauty and health industry . It is the world's first ICO project based on blockchain technology to serve the real economy . This has greatly accelerated the development of blockchain. The development of blockchain technology is in full swing , and ICO projects have sprung up like mushrooms after rain. In this chaotic world with a lack of supervision , the Beauty Chain has taken a different approach and is on a path that is destined to be "restless" .

It is the early stage of blockchain development, just like the early stage of the Internet. It is no exaggeration to say that ICO is now full of money. For participants, this is an opportunity to make money. There is almost no threshold . As long as you can operate transactions in the market, you can participate in ICO. The biggest risk is how to choose an ICO project .

In this regard , Mr. Tan Bin, founder of Yanzhi (Beauty) Chain, gave us five suggestions:

Keep your eyes open and distinguish the authenticity of the "leader"

In this era of gold rush, there are many speculators in the ICO market who confuse the public and raise money by throwing out false concepts . The backgrounds of the leaders are not only unclear, but their names are also fake, and all kinds of fake names are flying in the air;

Clean team composition and healthy development of the benefits of the gradual release of the distribution mechanism

At present, many ICO teams have complex interests, and the distribution of interests is designed for running away. There is no design of the mechanism for releasing the interests in a gradient, so we need to carefully identify them ;

Clear application scenarios

Application scenarios are the possibility of achieving a model. Now many project application scenarios cannot be disproven by the founders and their teams themselves. In principle, application scenarios are discovered, not created out of thin air. Without soil, the flowers cannot bloom, let alone good fruits.

Clear cross-border model design

The open source nature of blockchain technology has laid the foundation for its application scenarios in different fields. When designing the ICO model , the project " leader" must combine its own industry background with blockchain technology to design new scenario applications across borders. This places high demands on the project "leader" and his team . If there is no clear and quick model , it is recommended that everyone invest with caution.

Reliable financing amount

Some project parties are crazy and do not understand or pretend not to understand the essence of ICO. The essence of ICO is a good starting point for project parties to start a business. It is not the project itself, and it certainly does not represent the end point of the project.

Investing in ICO projects is a wonderful journey. If you choose a good project, you will get tens of millions of surplus assets and reach the peak of your life. On the contrary , you may lose your wealth and lose everything. ICO is an investment for investors , not gambling , so everyone should invest with the mentality of an investor . Asset digitization enthusiasts and believers, please keep your eyes open.

Introduction to Mr. Tan Bin, founder of Yanzhi (Beauty) Chain : initiator of the Global Blockchain Alliance, dean of the Yanzhi Asset Digitalization Research Institute , initiator of the China Blockchain Technology Innovation and Application Alliance, vice president of the Blockchain Finance Association, vice president of the American Guizhou Chamber of Commerce , secretary-general of the RUI Medical Beauty Alliance, initiator of the Beijing-Guizhou Youth Entrepreneurs Association, founder of the Beijing Beauty Season Medical Beauty Clinic , and founder of Yun Medical Beauty.