ProperSix IEO Token Sale Review

Our Analysis

Team: 5

Feasibility: 6

Product: 4

Overall Rating: 5

Ends December 31, 2019

October 21, 2019 - December 31, 2019

Restricted Countries:

    KYC/AML Required: yes

    Whitelist Required: yes

    Accepted Currencies:

    • $USD
    • £GBP
    • €EUR

    Token Price in fiat private pre-sale: $0.01

    Token price in fiat pre-sale: $0.01

    Token price in fiat ICO: $0.01

    Min. purchase ICO: $100

    ProperSix describes itself as a "unique, decentralised ecosystem based on 5th generation blockchain technology."

    Apparently, they're offering six products:

    1: Fifth-generation blockchain
    2: The "world's fastest exchange"
    3: The "worlds first blockchain casino"
    4: PRO6 NextGen Coin
    5: Something called the "Prestige Network"
    6: White label solutions, presumably for clients

    To be honest, we can't really figure out what ProperSix actually does. The PRO6 token is run-of-the-mill ERC-20, though they promise to exchange these tokens for their native coins, one-for-one, when their network comes online.

    The ProperSix exchange...well, it seems to exist, at least: https://propersix.trade. And they say it's secure. But, you know, caveat emptor.

    And there does seem to be a casino (https://www.propersix.com/casino) that says it's giving out $2500 per day to lucky winners.

    But, again, you know — caveat gambler.

    They are holding an IEO, and they claim to have reached their $3M soft cap. In the website's FAQ, this question is not answered: "CAN I SEND OR EXCHANGE MY PRO6?" That doesn't exactly inspire confidence.

    IEO details:

    https://propersix.trade/signup/

    Total token supply: 30M
    Available for sale: 20M
    IEO price: 1¢

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