Initial Coin Offerings
ICOs are in fashion now and will be for a long time to come. If you know anything about the Crypto Currencies and what is happening in the space of Blockchain technology, you would have come across something called Ethereum and the Initial Coin offerings for the new applications that is built on top of this Ethereum platform.
Blockchain allows the digital information to be distributed but not copied, by which it is creating a new type of internet. This blockchain has been created by a person/group named Satoshi Nakamoto in 2008. This was originally built for the crypto currency or the digital currency called Bitcoin, which is also called the digital gold.
Ethereum is a open-source blockchain based distributed computing platform. Specific programs called smart contracts can be created on top of this ethereum platform to automate and solve any of the real world problems.
Off late, there are a ton of ICOs are coming out generating millions of dollars for the new ventures that is claimed to solve some of the real world problems. Some ICOs open and close in matter of minutes raising their goals of millions of dollars. At the same time, millions of those dollars raised are also being hacked and stollen by the increasing number of hackers in this space. This technology and space for sure gaining lot of momentum. One of the recent ICOs lost about 40 Million dollars it raised via ICO to the hackers.
Even though the ICOs seems to be the way of the future, not every one of them that is out there is worth anything. They say about 80 to 90% of all these ICOs might end up failing. Investors must do their due diligence before investing in any such ICOs. Most of these ICOs are not offered for the USA residents and the citizens.
ICO are somewhat similar to the IPO for the general stock market. With the IPO, you own a part of the company, but with ICO you are provided with some tokens which represent the digital currency of exchange for that platform but you do not own any shares of the company.
Below is a list of some of the ICOs that is coming up shortly or already open for sale. By no means, we are recommending any of these ICO. You should do your due diligence and invest at your own risk. These are listed here only for informational purposes. Feel free to click on the images to be taken to their respective websites.
Good Initial Coin Offerings:
Here are some of the best well known initial coin offerings available in the market!