An Initial Coin Offering, also commonly referred to as an ICO, is a fundraising mechanism in which new projects sell their underlying crypto tokens in exchange for bitcoin and ether. It’s somewhat similar to an Initial Public Offering ( IPO ) in which investors purchase shares of a company.
ICOs are a relatively new phenomenon but have quickly become a dominant topic of discussion within the blockchain community. Many view ICO projects as unregulated securities that allow founders to raise an unjustified amount of capital, while others argue it is an innovation in the traditional venture-funding model. The U.S. Securities and Exchange Commission (SEC) has recently reached a decision regarding the status of tokens issued in the infamous DAO ICO which has forced many projects and investors to re-examine the funding models of many ICOs. The most important criteria to consider is whether or not the token passes the Howey test . If it does, it must be treated as a security and is subject to certain restrictions imposed by the SEC.
ICOs are a long-term good bet. These initial coin offerings give a good return, both to the coin makers and the coin investors. There are some of the best ICOs to invest in, this June 2018, and this is a list that are based on the ideas that are present in the ICO, the team involved, the potential for it to deliver to the masses, and a lot of other factors.
In the next three suggestions, we will share the reasons why you should invest in them if you have set a budget to invest in the ICOs this month.
Ubex global decentralized advertisement Exchange is an ICO (Ubex ICO) that is aiming to make an advertising platform that runs based on Artificial intelligence. The aim of making a global decentralized advertising exchange has four pillars – Neural network, Blockchain, Programming, and Pay per action.
The application of blockchain allows Ubex to use a Pay-Per-Result operating model. There is already a Prototype for users to check out and understand what Ubex is trying to offer.
Welltrado is an already operating scalable blockchain based platform that seeks to enable investors to buy and sell loans from thousands of diferent loan providers globally, invest into peer-to-peer lending funds (P2P) and manage investment portfolios. Welltrado is already an experienced player in the P2P platform market, with an early version P2P platform aggregator already up and running. Through our business and experience, we have identified these problems as some of the biggest obstacles facing the P2P market. That is why Welltrado aims to develop three distinct tools for investors, which are designed solve these issues and help P2P investments grow significantly.
Welltrado is an officially working adaptable blockchain-based stage that tries to empower financial specialists to purchase and offer advances from a large number of various advance suppliers comprehensively, put resources into shared loaning reserves (P2P) and oversee speculation portfolios. Through our business and experience, we have recognized these issues as a portion of the greatest impediments confronting the P2P advertise. That is the reason Welltrado means to create three particular apparatuses for financial specialists, which are intended to settle these issues and help P2P ventures develop essentially. The Welltrado task and its items, gives a market diagram, top to bottom portrayal of market issues and arrangements, and in addition the related Welltrado ICO and token framework.
Photochain (Photochain ICO) reforms business as usual of stock photography. It is a decentralized, shared stock photography stage on blockchain with reasonable conditions, alluring incentivation systems, least charges in the market and full control over the substance, cost and permit compose for the picture taker. On the IPFS Photochain database, each transferred photograph is connected to a picture taker through a blockchain exchange. Photochain is in the post position and prepared to disturb the cornered stock photography industry with an extraordinary, experienced and compelling group and leading body of guides. We as of late won third place in the ICO Pitch Competition at the Blockchain Leadership. On account of our alluring demo MVP, the judges could see imagine precisely what the last item will look like notwithstanding what we will accomplish for picture takers. We are banded together with the profoundly evaluated Swisscom Blockchain for warning on our ICO and future system.
Photochain revolutionizes the status quo of stock photography.
On the IPFS Photochain database, each uploaded photo is linked to a photographer through a blockchain transaction. This link cannot be removed or manipulated in any way. Photochain is in the pole position and ready to disrupt the monopolized stock photography industry with a great, experienced and influential team and board of advisors.
Here we have listed few of the top, current and upcoming Initial Coin Offerings, which are a curated and up to date list of trending and promising ICOs. But we are not suggesting you to buy any ICOs nor personally support any of these ICOs, you can read How to invest in an ICO. Buying these are solely your choice.