ICO! First thing that mind come in your mind is, What is ICO? ICO means Initial Coin Offering. In short, Initial Coin Offering is like crowdfunding campaigns where interested ones want to invest in the product or service that has not been launched yet, and in return they are given tokens for using that product or service. Then, as the value of product increases so does the worth of token.
This was a short 3 line summary of what is ICO? But, trust me if you’re thinking of investing in ICO, which is by the end of this read you’re gonna think, You must be known to all the things related to ICO, as What is ICO in detail, How it works? Scams related to it and many more things.
Wondering where to find such hell lot of info, Don’t worry. We have got all needed things for you right here, under one roof ‘ItsBlockchain’. So here is the link to All That You Need To Know About Initial Coin Offering.
Let’s come to the point.
Why You Should Invest In ICO?
When we talk about investing, making money or huge profits is the first thing that come into our mind. Well, investing in ICO can provide you the same. Earlier in the crypto market, there were some kind of scams related to ICO’s, so people stopped investing in ICO. But, now as the market is at its best, there are some pretty good projects out there which can help you make decent profit.
Here we are listing top ongoing ICO’s which are doing well in the market and have a nice product or service:
Top Ongoing ICO’s:
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Monaco
Monaco is a debit card and mobile wallet solution for bitcoin and ethereum. This is the link to Monaco whitepaper. It has achieved so far moderate-success. Some of the keypoints of Monaco are:
1. In future, monaco will add currencies under ERC20 standard having total market cap of more than $500 million.
2. When we swipe the card, our btc/eth/ERC20 token are converted just enough to settle the VISA transaction. Remaining sits in the wallet, secured.
3.“At any time, a holder of MCO can “Redeem and Burn” the MCO for their pro-rata share of each token held by the MCO Asset Contract. The holder will irrevocably destroy the MCO, and in exchange, the MCO Asset Contract will transfer the underlying tokens to the holder.”
4. You can exchange your money at perfect interbank exchange rates using the Monaco app.
Monaco seems a pretty good version of the cryptocurrency wallet and debit card. For more features of this product go to their site Monaco. Now, the bad thing is that sale for MCO token is closing in 4 days. So, decide fast!
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Polybius
Polybius is a project aimed to create the digital regulated bank. This is what Polybius has to say about them:
“With the support of global banking experts and renowned tech veterans, Polybius aspires to build a comprehensive banking solution for all. Polybius Bank will combine features of modern banking, IoT, Big Data and Blockchain-based technologies while also meeting security and UX requirements.
The Digital Pass technology, developed by HashCoins and implemented into Polybius Bank, will serve as an automation and digitalization ecosystem, allowing us to not only integrate single companies, but entire industries enabling access to financial and industrial services in the same Pass, at a click’s hand. Polybius financial services will be fully interconnected with international systems to respond to the transaction needs of our customers worldwide.”
Luckily, this project still has 16 days to close the sale. I’d prefer, do some homework before investing in any ICO. Atleast, visit their product portal and decide yourself if they worth investing. Because, at the end of the day, Its your money.
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Dcorp
Dcorp is an autonomous, decentralized and democratic organisation that exists on blockchain in a series of smart contracts. It has its own token DRP and Ether it holds. Anyone can join the Dcorp and become shareholder anonymously through their Ethereum account. Collectively, share holders are the owners and decide for the business financials. The Board of Directors of the organisation are elected and publicly known. Voting is made on blockchain, thus remains public.
Here is the link to their site: Dcorp. Sale will be end in next 16 days.
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CryptoPing
CryptoPing as the name suggests sends you pings when the market is in good condition. Basically, cryptoping is a bot monitoring the crypto markets and sends you buy signals when the altcoins are in condition of buying. It removes the hassle of crypto traders who put a lot of time and efforts into crytpo-watch (watching the market entire day, predicting growth, interpreting charts etc.) buy assistant bot monitoring. Bot has got all the algorithms and market watching techniques verified.
Here’s the link to the company portal : CryptoPing
So, these were the top ongoing ICO’s in crytpo-market. If none of them satisfies your hunger, but you want to invest in ICO, just wait! There all a lot of projects in the line, and some of them are pretty awesome. We will come up with the upcoming profitable ICO’s soon. In case you forgot to open the link, here it is again: All That You Need To Know About Initial Coin Offering.
Till then, do your crypto-home-work at the ItsBlockchain. We have covered each and every possible doubt of yours in the simplest ways possible. Dive deep into ItsBlockchain and let the gates of blockchain-wisdom open.
Happy Learning! Happy Trading!
Hitesh Malviya is the Founder of ItsBlockchain. He is one of the most early adopters of blockchain & cryptocurrency enthusiast in India. After being into space for a few years, he started IBC in 2016 to help other early adopters learn about the technology.
Before IBC, Hitesh has founded 4 companies in the cyber security & IT space.
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