Hi all,
we all know crypto is getting bigger and bigger every year. If you want to get into crypto, now would a perfect moment because crypto is on sale ! You can get some great coins at 'discounted' prices because of the correction that we're seeing now. But there is an insanely crystal bright future ahead for 2018.
NOW let's talk ICO's
What are they? When a cryptocurrency startup firm wants to raise money through an Initial Coin Offering (ICO), it usually creates a plan on a whitepaper which states what the project is about, what need(s) the project will fulfill upon completion, how much money is needed to undertake the venture, how much of the virtual tokens the pioneers of the project will keep for themselves, what type of money is accepted, and how long the ICO campaign will run for. During the ICO campaign, enthusiasts and supporters of the firm’s initiative buy some of the distributed cryptocoins with fiat or virtual currency. These coins are referred to as tokens and are similar to shares of a company sold to investors in an Initial Public Offering (IPO) transaction. If the money raised does not meet the minimum funds required by the firm, the money is returned to the backers and the ICO is deemed to be unsuccessful. If the funds requirements are met within the specified timeframe, the money raised is used to either initiate the new scheme or to complete it.
Early investors in the operation are usually motivated to buy the cryptocoins in the hope that the plan becomes successful after it launches which could translate to a higher cryptocoin value than what they purchased it for before the project was initiated. An example of a successful ICO project that was profitable to early investors is the smart contracts platform called Ethereum which has Ethers as its coin tokens. In 2014, the Ethereum project was announced and its ICO raised $18 million in Bitcoins or $0.40 per Ether. The project went live in 2015 and in 2016 had an ether value that went up as high as $14 with a market capitalization of over $1 billion.
Did you get it? (if you want to do your own research this site is a good tool https://icorating.com/)
Now let's look at the top 5
1)WEPOWER
WePower is a blockchain-based green energy trading platform. It enables green energy producers to raise capital by issuing tradable energy tokens. One of the most promissing to my opinion, sign up to their whitelist it will benefit you in the future for sure!
2)TON
Ultra-Fast Blockchain technology from Telegram messenger. Be sure to be on the look out for this ICO. It will be huge!
3)CROWDMACHINE
Get your ICO app to market now. Crowd Machine enables the creation of decentralized apps up to 45x faster. To prove the value proposition, we're accepting proposals from the public to build out their ICO decentralized app. If you have a great idea and want to be considered for the program. As they say themselves this will be huge guys!!!
4)THEABYSS
The Abyss is a digital distribution platform, delivering all types of video games (Free2play MMOs and cryptogames being a key priority), including AAA-titles, to the global game community. The Abyss offers a motivational and multilevel referral system, allowing gamers to earn from in-game and social activities, and other gamers’ payments as well. For you gamers out their be on the look out for this one. It will change the way you game guys!
AND FINALLY
5)SELFKEY
The SelfKey ecosystem is a blockchain based identity management system that puts identity owners in control of their digital identity and allows them to request document certifications.
Features:
Freedom. Use KEY to instantly and securely apply for Citizenship and Residency by Investment and legally get a Second Passport.
Business. Use KEY to efficiently incorporate a company, open a bank account remotely, transfer and exchange money, and access credit cards and payment processors.
Privacy. Use KEY and your Identity Wallet to access your documents locally on your device. No one knows that your documents ever exist, there is no database or server to be hacked.
This one looks amazing, be sure to do your own research on all these ICO's please!! Buth be sure to take a look at them.
Have a great day and always remember it is never to late to invest.
BTW
This is only my opinion. It's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.
CHEERS
BTC wallet: 1KnJpQrLeSgNz6rKCpP6jduR87Yg6XW2pE
ETH wallet: 0x22850c78ED7b089cC2629CEe8366ED14a4028475
Stratis Wallet: SeiJjFRqy1SbHU5sV9kFKZPWjPLc48dKvf
