ICO REVIEW: DADI

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UPDATE: Recent news surrounding the DADI ICO leaves us cautious. A community member on the DADI Reddit pointed out part of the DADI whitepaper had been plagiarized from the SONM whitepaper. DADI has claimed to have formed a partnership with XRB, which they subsequently refuted via Twitter. Furthermore, websites the DADI team claimed were utilizing their web services may actually have been built with AWS instead.

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ICOs offer investors a high-octane strategy that has the potential to net them untold riches or mire them in loss and despair. In today’s episode we research the DADI ICO which wants to create a decentralized ecosystem of cloud services. DADI has many similarities to Amazon Web Services which offers compute power, database storage and content delivery to small and medium sized businesses (SME’s)
The cryptocurrency space is littered with new and exotic sounding investment vehicles - tokenize this, blockchain that, etc. No wonder new entrants to the market gasp in desperation as they try to decipher and filter out the incomprehensible! Each week, we look at several competing ICOs and ask whether they actually solve a problem, whilst comparing them to previous ICO projects. Supply and demand, basic economics and a sound understanding of market psychology are all taken into account and investigated by Coin Bloq.