What is an ICO? If you don’t know already skip to the bottom of this article.
So how do you find out about upcoming ICO’s? As with anything on the internet there are multiple ways to discover upcoming Initial Coin Offerings. Here are a few to consider:
- ICO Bazaar– ICObazaar is ICO participation platform for blockchain projects
- Picoloresearch– Independent research and investment analysis on upcoming and active ICOs.
- ICOtracker– Token based on the DAO IPCI Protocol scaling up green economy and environmental assets trade. ~ 100. Base: Ethereum. Whitepaper. Escrow.
- ICORating– Rating agency for ICO market.
- ICO Alert– ICO Alert maintains the only complete calendar of all active and upcoming Initial Coin Offerings (ICOs), token sales, and crowdsales.
- TokenMarket– Trade and research tokens and cryptocurrencies. Organize your token sale or ICO.
- TokenData– Data & Returns for all ICO’s.
- CoinSchedule– List of Cryptocurrency ICOs (Initial Coin Offering) and Token Sales, Milestones, Roadmaps and Events for Bitcoin, Ethereum, Waves, Ripple and other altcoins.
- Smith + Crown ICO list– a curated and comprehensive list of ongoing and upcoming Tokens Sales, ICOs (initial coin offerings) and crowdsales.
- The ICO digest– The only weekly digest you need about ICOs. Join a group of 5’000+ ICOs investors.
So what is an ICO?
Source wikipedia Initial coin offering (ICO) is an unregulated and controversial means of crowdfunding via use of cryptocurrency, which can be a source of capital for startup companies. In an ICO a percentage of the newly issued cryptocurrency is sold to investors in exchange for legal tender or other cryptocurrencies such as Bitcoin. The term may be analogous with ‘token sale’ or crowdsale, which refers to a method of selling participation in an economy, giving investors access to the features of a particular project starting at a later date. ICOs may sell a right of ownership or royalties to a project. According to Amy Wan, a partner at Trowbridge Sidoti LLP practicing crowdfunding and syndication law, “The coin in an ICO is a symbol of ownership interest in an enterprise—a digital stock certificate, if you will.” In contrast to initial public offerings (IPOs), where investors gain shares in the ownership of the company, for ICOs the investors buy coins of the company, which can appreciate in value if the business is successful. At least 400 ICOs have been conducted as of August 2017. Ethereum is (as of August 2017) the leading blockchain platform for ICOs with more than 50% market share. The Ethereum network ICOs have resulted in considerable phishing, Ponzi schemes, and other scams, accounting for about 10% of ICOs.
Just how good or risky an investment are ICO’s? well who knows but I thought this tweet stream was enlightening. Do your own due diligence because none of this article is investment advice.
What is an ICO for the visual learners who what to understand it in laymans terms