Upcoming ICO Calendar – Initial Coin Offering List
Starting in late 2016 and through 2017, the growth of cryptocurrencies and media coverage has seen a huge explosion. Initial coin offering (ICOs) are the new trend in blockchain startup funding than all of Venture Capital. The total amount of money raised by ICOs to date is more that $2.5 billion, most of which was in the second half of 2017. This form of raising capital marks a fundamental shift. Without giving out any equity share, business and individual are able to raise capital.
As more and more people are getting familiar with cryptocurrencies and are investing in them, it is important to do your due diligence before investing.
We hope you will find the resources on mineweb.net usefull, with our reviews of the upcoming ICOs.
5 Upcoming ICOs
Using a distributed ledger or blockchain technology, virtual tokens or coins are created and distrubuted. Recently a lot of tokens have been sold via ICOs with an option to use fiat currency or virtual currencies with an promise of the funds raised being used for development of a software, digital platform or other projects. The tokens or coins are usually meant to use the platform, software or participate in the project. Many investors are participating in these offering in hopes of high returns. After the finished initial coin offering the issued tokens can be resold at a virtual currency exchange or any other trading platform.
What is blockchain?
In a nutshell, a blockchain is a distrubuted ledger maintained by participants in the network, using cryptography to verify and process transactions, keeping the users at a peace of mind that the entries are secure.
Difference between virtual currency, token or coin?
A currency is a digital representation of value which can be traded and acts as a medium of exchange, store of value or unit of account. On the other hand, tokens or coins may have other rights as well. In certain cases coins and tokens will be securities and cannot be sold without registration with the SEC.
Who issues virtual tokens or coins?
A virtual organization embodied in code or some other capital raising entity issues coins or tokens usually via smart contracts.
What to look for when investing in an ICO
- ANY “guaranteed” returns on investment.
- If it sounds to good to be true, it probably is.
- Scarcity to BUY RIGHT NOW before the price goes up. Always research the opportunity thoroughly and don’t rush into making decisions.
Before making any investments, make sure carefully read all the material that is provided and always do your due diligence and verify the truth of promises made.