Gimmer

Gimmer

Trading robots are what the Gimmer Token is aiming to design and launch through their Initial Coin Offering.

6
Token Sale ended
28 Feb, 2018
$29,100,000
of
$29,100,000 (100%)

Gimmer Info

Ticker:
GMR
Token Type
ERC20
Fundraising Goal:
$29,100,000
Received
$29,100,000 (100%)
Price
1 GMR = 0.38 USD
Total Tokens
110,000,000
Token Available for Sale
90,9%
Whitepaper
Yes
KYC
Yes
Min/Max Personal Cap
0.1 ETH / TBA
Token Issue
FROM 1 FEBRUARY 2018 AS EACH TRANSACTION IS CONFIRMED
Country
Gibraltar
Industry
Trading
Accepting
ETH

Pros & Cons

  • Offers users completely automated cryptocurrency trading
  • Multi coin trading options
  • Back test demo platform available to potential investors
  • Options for traders to rent out their trading bot
  • Can be quite complicated for the novice trader
  • Multiple trading strategies on offer to users
  • Social trading opportunities for discussing tactics and strategies
  • Low initial pricing of tokens generated
  • Will appeal to technically savvy investors and users alike
  • Their platform is Windows, OSX and Linux compatible

Features

Gimmer offers a brand new automated way that traders can trade on the values of cryptocurrencies and offers an all in one trading bot.

Overview

I have to admit I am not completely sold on the Gimmer concept, for if there is one thing that investing in and reviewing ICO’s and token generation events over the years has taught me, is that there are going to be a lot of them that will not make a profit and many of them could end up costing investors a lot of money.

Gimmer offers a trading bot, and is being designed a way for anyone, either experienced or not, to have that bot trade for them using a range of different strategies that can be programmed into it to suit traders individual needs, wants and their level of risk too.

It is trading on the value of cryptocurrencies that the Gimmer product is going to do, and you will not need me to tell you that if there is one trading environment that is high risk and can be extremely volatile it is the cryptocurrency trading environment.

However, having said all of that, if you are looking to invest in tech driven companies and concepts then you may actually like what Gimmer has to offer, and with a resonantly low token price, you could be prepared to make a nominal investment via their ICO and then see if their product is warmly embraced or not.

Team

If you do have an interest in the Gimmer ICO then sadly there is no real information available on the people behind the concept, and as such you should consider this to be a slightly higher risk type of investment.

Conclusion

I am personally a little wary of investing my funds in an Initial Coin Offering and concept that is hard to grasp or one that does sound alarm bells in my head and when I first came across the Gimmer ICO I was sceptical as to whether the actual idea behind it was one people would want to use and whether it is actually possible.

Offering complete novice investors an automated way for them to be able to trade things such as cryptocurrencies is something that I cannot see a need for and would be quite wary of, for the way in which cryptocurrencies can be very volatile at the best of times no automated trading bot or service can guarantee profits.

However, from what I have so far seen there is a small number of people who do totally get what Gimmer have to offer, and they have been getting a steady stream of investors buying into their concept, but it is one that I  just cannot get excited about for the reasons outlined above.

You could of course have a completely different outlook than I do and if so then it is going to be easy to take part in their Initial Coin Offering and the bonus structure they have put in place could turn out to be a profitable one if Gimmer does take off.

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