PlayKey ICO Analysis
PlayKey: https://playkey.io/ is now live. As a concept, this serves as a good alternative for Ethereum mining rigs following the upcoming Casper fork. Also, some large gpu farms were pre-sale investors (according to people I spoke to at BEF in NYC yesterday close to the project). They have a large team, VC backing and are Russian based which I like. On the other hand, there is no indication that they will succeed where Nvidia and others failed. The product must work. I've heard from network engineers that geographical latency is important so the network decentralized might provide an edge in a way Nvidia could not or sees too much opportunity cost investing in. Bottom line, looks like they will have good exchange liquidity (couple major exchange listings are in the works I've heard) and have a good service and tech record in a growth industry. An ICO makes sense for them, but plenty of challenges abound. Wouldn't be surprised to see this thing take off on an OMG level or tank should the project flame out. Like everything in crypto, this is a risk but seems like a good bet to take given the upside.
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