Science ICO Review – SCI Investment Analysis

https://science.tokenhub.com

ICO Details

Symbol – SCI

WhitepaperLink

When

Monday, September 11th, 2017 (Presale)

Monday, October 2nd, 2017 (Public Sale)

How to Participate – BTC, ETH, EOS and USD will be accepted in the sale.

Soft Cap – 50 Million USD

Hard Cap – TBA

Total Max Market Cap At ICO – Unknown

Exchange Rate: 1 USD / SCI

Total Tokens in Circulation At ICO – Unknown


Overview

Science is a venture capital and incubator company based in California, who have helped over 70 businesses, startups, and organizations reach their full earning potential. Science has invested in lucrative projects and to date has the highest incubated portfolio value compared to similar companies in the last 10 years. Their performance certainly has exceeded expectations, and Science is now transitioning to the blockchain space, creating an ICO in order to fund future blockchain projects and share the wealth among its investors.

Science Inc. is the disruptive media, marketing and brand building company that creates, invests, acquires and scales successful digital businesses. Science brings together the best ideas, talent, resources and financing through a centralized platform. The platform is leveraged to develop new businesses, provide emerging startups with operational strategy and capital and transform later-stage Internet ventures with new talent and innovation. The company has co-founded and invested in more than 70 companies, including Dollar Shave Club, DogVacay, HelloSociety, FameBit, Earny, Pray and Mammoth, the media company that reaches 30% of U.S. teens every month through social broadcasting and App Store top 100 apps like Wishbone and Yarn

 


Notable Team Members/Advisors

Mike Jones

mike_jones@2x

Mike Jones is an angel investor and founder of the Science company. He has exited companies totaling over 2 Billion dollars in revenue, as well as having worked for/invested in some well known companies and services such as Myspace, AOL, and Goodreads.

Peter Pham

peter_pham@2x

Peter Pham is another California-based investor, whose accolades include working with Myspace, serving as VP of Photobucket, and Unilever among other such companies. Peter Pham is the cofounder of Science and have helped to deliver the astonishing results of this incubator/venture capital hybrid.


Positives

sci2.jpg

Science’s strengths speak for themselves – being one of the most successful companies in the difficult space of angel investing is a clear strength, and the proven track record of Science is something that will likely continue in the future. On top of this, but the growing space of blockchain is one where, provided you do the proper homework and fundamental analysis on a company, can pay back well over 10, 50, or even 100 times initial investments. While this is still possible in traditional investing, it takes much longer to get the “boots on the ground” so to speak, and downtime between investment and realization of gains will be much lower in the blockchain space.

Secondly, Science is specifically targeting ICO’s – those things that raised over a billion dollars in 2017 so far:

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With the Science structure set up the way it is (with a percentage of profits going back to burning Science tokens on the open market), this will prove to be one of the most lucrative investments of the year, if played out properly.


Negatives

For as great as the team and idea behind Science are, this ICO is taking a departure from current offerings. ICO’s traditionally have been to fund blockchain projects, and while this is vicariously true for Science, their ICO is only for funding their own company. It’s a step towards future integration of companies seeking additional funding to launch an ICO, however, it may leave a sour taste in the mouth of some. You’re not investing in technology, potential, or anything revolutionary here. This is simply a money play on both sides, and a fundamental analysis of this project must largely reflect this fact.

Secondly, Science is looking to raise 50 million dollars as a minimum for their project – depending on the final distribution mechanism (which as of yet has not been revealed), it’s certainly possible for Science to do a 50/50 split between itself and token contributors, creating a total cap of around 100 million dollars. While circulating tokens would only be half of that, this is still one of the larger ICO’s that have been advertised (note that larger ICO’s generally get smaller returns over time) and this must be taken to account when choosing to invest.


Conclusion

Science is an interesting concept, and while its more of a legacy institution adopting the new technology of the blockchain, behind the seemingly revolutionary appearance is the truthful makeup of what they tout their company as – a startup incubator. One has to wonder why they would invest vicariously into other ICO projects when they could simply invest in those same projects themselves.

 

Investment Grade: 65%

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