I've been keeping my eye closely on the ICO space of late as there seems to be a spike in dividend offerings available. I would hazard a guess, this is due to the rising competition in coin offerings. Development teams and marketers are having to offer more than just risk to gain the attention of the average overwhelmed investor. This is both a plus and a minus, the plus being; greater quality in choice, the minus being; a scary amount of choices.
Why dividend coins are amazing choices in the ICO space
The best thing about dividend coins (for me personally) is that fluctuations on price don't carry as much burden when the coins hit the exchanges, as the volatility of the coin wont effect the dividend returns. Let take a look at the dividend fund TaaS as an example, TaaS returned investors 61% in its first quarter (https://www.equities.com/news/taas-is-a-blockchain-post-ico-fund-returning-61-roi). If TaaS has a similar ROI next quarter, initial ICO investors will be in the green, thus holding free dividend yielding coins. The higher risk to reward ratio found in the dividend coins is what makes them the better buy.
ICO Resources
FYI my favourite websites to track the ICO space are:
https://tokenmarket.net/
If you want to dig deeper there are also the following:
http://icorating.com/
https://www.coinschedule.com/
https://www.tokendata.io/upcoming
https://www.smithandcrown.com/icos/
https://www.cryptocompare.com/ico/#/upcoming
Recent Find Down The ICO Isle | Kairos
On a recent visit down ICO lane I found another potential fund coin (Kairos) which is favorable in its offering, model structure and returns potential, let get into the details | https://kairostokens.com/
What is Kairos?
Kairos carries a pool of investment funds that harnesses the pull of mass data sets to gauge and execute crypto trades. The fund takes full advantage of the market volatility, making profit from its wild ebbs and flows. The software architecture, also known as 'Kairos' is driven and managed using machine learning protocols. Kairos has had many months of live testing in executing real world trades with great success.
Kairos Token Details
The Kairos token has the ticker KRX, it has a reasonable supply of 25million which will be priced during ICO at $10/Kairos (Payable in Bitcoins, Ethereum, Litecoins ) and will be distributed as follows:
- Tokens offered during the presale period: 15 million
- Tokens reserved future offerings: 6.25 million
- Kairos Development Team: 2.5million
- Early backers: 1.25million
Kairos Dividend Model
Every quarter Kairos takes a performance fee of 7.5% based on the fund's net asset value (NAV). The net profits for the quarter is then paid out 50% in Bitcoin or Ethereum (depending on the investors preference) with the remaining 50% reinvested back into the pool.
Kairos Whitepaper
https://kairostokens.com/assets/pdf/whitepaper.pdf
Kairos Team
The Kairos team are a collaboration of Ocubicle Inc, a US based software development firm and Rocky Mountain Ayre Inc, a publicly traded "RMTN" financial markets fund manager. The team are well versed in the financial and technology sectors who sort to merge complimentary industry experience.
Conclusion
Algorithmic prediction programs have long proved themselves in the traditional financial markets to be reliable and high yielding, the crossover into crypto will be no different. The Kairos token offering is something I will be considering seriously, The only downside, some investor may have will be the 12 month holding period, where investors wont be able to sell for a year after the investment (due to SEC compliance), but personally it doesn’t make a great deal of difference, as my strategy is to profit from holding (dividend) coins, as opposed to selling.
Thanks for reading awesome peoples.
[Disclaimer: please do you own due diligence when investing and don’t solely take my point of view as the only angle. I highly recommend everybody dig through the projects bitcointalk, reddit and team linkedin profiles to help formulate your own opinion – I thank you so much for reading and wish you successful dividend returns]
Ryan Jorgensen | Blockchain enthusiast who only gets FOMO on scheduled dividend payouts.
Twitter: @CryptoDividends
Website: http://jorgo.photography/
Crypto Dividends focuses on the niche blockchain business models that generate passive income without the need to sell or speculate. We seek to discover and promote the best dividend yielding cryptos.