What are ICO's?
What are ICOs?
Initial coin offerings are a new way for start-ups to fund their applications. Developers pre-sell tokens that power their applications in exchange for funding, in the form of ether (ETH) or bitcoin (BTC). They are introduced with white papers which are essentially business plans. The white paper explain the functions, team, goals, protocol and anything else that would be beneficial to someone wanting to invest. ICO's have become a popular investment because of the tremendous upside. In 2014, when the Ethereum ICO launched, tokens were selling for as low as $0.40 and 18 million was raised. However, they are still unregulated. Investors should do their homework before participating. If developers don't complete the program or it's a scam, then you're just out of your investment. Also, an influx of new ICO's without realistic target caps are flooding the blockchain and locking up millions in ETH. The most recent ICO for Bancor, an Ethereum based DApp, only needed 3 hours to raise over 150 million in ETH. You can see upcoming ICO's on our Calendar, here.
Below are some examples of Ether tokens that had ICOs:
Initial Coin Offering’s (ICO’s) revolutionized how startups raise capital. Check out this info-graphic that simply covers the entire ecosystem.
After seeing the recent success of the Initial Coin Offering (ICO) sector of crypto, a thought popped into my head, “When will tech giants like Amazon, Google, and Facebook utilize a token economy?” Think about it, instead of these tech-behemoths going in and out of volatile currencies, why not make their own and peg their products and services in that native currency?
Blockchain is one of the hottest words of 2018. But who’s behind this technology? Check out this Infographic that lays our the career paths of the trailblazers leading the crypto engineering.
An overall review of Uphold, a cloud based financial services platform that enables anyone, anywhere in the world to move, convert, hold and transact in any form of money or commodity instantly and securely.
Op-Ed: “After graduating college many moons ago, one thing I learned in the “real” world as a trader/analyst is… financial markets do not function the same way as economic markets do. I found these markets driven by different motivating factors. Economic markets are measuring goods and services and the financial markets are measuring social mood.”
VeChain is a blockchain platform with extremely ambitious goals to develop a distributed ecosystem for businesses that will enable the movement of transparent and secure data, resulting in a more visible, trust-free, and collaborative system of business across numerous industries.
An in-depth look at how blockchain and initial coin offerings are radically transforming real-estate.
A transactional workflow, CPROP’s platform allows total transparency for all parties involved in a real estate transaction. As mentioned before, the traditional process of communication is headed by the agent. All parties rely on the agent to be available and accurate with information. Using the CPROP platform, parties are able to communicate with others involved in the transaction and update information in real time.
Check out this great beginner’s guide on Bitcoin and Blockchain technology!
Stellar Lumens is a peer-to-peer cryptocurrency and open source protocol for value exchange. Coins are “pre-mined” and the transfer of coins is based on an open source consensus algorithm, not managed by any central authority.