Cryptonex

Cryptonex(CNX)

Cryptonex is building a cryptocurrency exchange. The token is used for raising capital. The company has ambitious goals like building a hardware wallet, creating debit cards, buying a ready-made bank in Singapore or in another country. They haven't decided yet.
  • Market Cap
    $192.369.626
  • Price
    $4.24753
  • Category
    Exchanges
  • Origin
    US
  • Team Size
    1-10
  • Initial Release
    14/08/2017
  • 10-8 High Potential
  • 8-7 Potential
  • 7-6 Considerable
  • 6-5 Risky
  • 5-0 Scam
Satoshi Rating
  • Product Ratings
    4.7
  • Team Ratings
    3.1
  • Execution Ratings
    3
Next Update: June 10, 2018
Product
  • The need for the product ⓘ

    8
  • Total addressable market size ⓘ

    7
  • Product/market fit ⓘ

    3
  • How is the product compared to existing solutions? ⓘ

    2
  • How difficult is to make the product? ⓘ

    7
  • Could this product scale? ⓘ

    4
About Product
Exchanges are maybe the biggest player in the cryptocurrency ecosystem. Combining it with a bank could put a company on another level. If we see that as the final product, Cryptonext hasn't even started yet. Half of the whitepaper is about explaining blockchain and technical analysis of popular coins.
Team
  • Team's previous experience ⓘ

    3
  • Does the team have a clear vision? ⓘ

    2
  • Is technical team sufficient for building the product? ⓘ

    4
  • Is the team active? ⓘ

    4
  • Is the team size big enough? ⓘ

    5
  • How is the team growth? ⓘ

    4
About Team
We couldn't find any of the team members. Linkedin pages are private. The website and all the social media accounts use stock images. There isn't any picture, video, AMA, or anything about the team. There are only two accounts that respond to public questions. That is all the activity they show.
Execution
  • Could this team get the product into a market? ⓘ

    3
  • Could they do it in time? ⓘ

    3
  • Did they meet previous deadlines? ⓘ

    3
  • Is the marketing strategy sufficient? ⓘ

    6
  • Team’s previous achievements ⓘ

    3
  • Strategic partnerships ⓘ

    3
  • Current market size ⓘ

    3
About Execution
Github code shows one web developer handles the whole project. In order to fully deliver on roadmap promises, they would need a lot more resources. The daily trading volume amount of their coin is supplied by their website.

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Initial Rating: April 25, 2018

Last modified: June 8, 2018