What Is An ICO
Image Source : Oracle Times
An initial coin offering (ICO) is a means of crowdfunding centered around cryptocurrency, which can be a source of capital for startup companies. These tokens become functional units of currency if or when the ICO's funding goal is met and the project launches.
Why Invest In ICO's ?
If you are searching for the biggest trend in cryptocurrency today, a look at Initial Coin Offering (ICO) might be a good start. The idea to presale coins of a cryptocurrency or token of a blockchain project has evolved in a crazy successful instrument to raise funds for the development of a new application.
There are dozens of ICO every month which explore new and creative ways to connect the application with the token and to leverage smart contracts to add more features to these tokens.
The potential of this trend is immense. ICO enables every individual and every company to easily release freely tradable tokens to raise funds. It could be used to completely reconstruct the financial system of shares, securities and so on. It decentralized not just money, but stock creation and trade.
As I Was Searching For Some Great ICO's To Invest, I Found These Hidden Gems. Check Them Out And Please Do Some Research Before Investing In Any Crypto's Especially In ICO's.
1 - WePower ICO
WePower is a blockchain-based green energy trading platform. It enables renewable energy producers to raise capital by issuing their own energy tokens. These tokens represent energy they commit to produce and deliver. As a result energy producers can trade directly with the green energy buyers (consumers and investors) and raise capital by selling energy upfront, at below market rates.
2 - AMLT ICO
Created by the recognized Blockchain Regtech leader Coinfirm, AMLT is the first dedicated token that will ensure transparency and democratization of the financial system by allowing market participants to help determine the potential risk of others.
3 - CUBE ICO
Autonomous vehicles rely on network communications. These network accesses increase the risk of malicious attack. Cube solves the problem of autonomous cars’ security by using blockchain technologies, AI-based deep learning and quantum hash cryptography.
Thanks For Taking Time To Read My First Post.
Here's My Introduction Post To Know Me Better : https://steemit.com/introduceyourself/@icom/hello-steemit-or-introduceyourself-ganesh-kumar
