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  • The ongoing, upcoming and past ICOs that are expected to perform really well

    The ongoing, upcoming and past ICOs that are expected to perform really well

    The high risk-high reward of ICOs intrigued us all, doesn’t it? We have compiled a list of ongoing, upcoming and past ICOs that are expected to perform really well if you are looking into investing in ICOs.

    Ongoing ICOs

    With just two days for the ICO to end, it has bagged a ranking of 4.50/5. MindSync is a decentralized artificial intelligence platform where anyone can take part. The platform will offer AI, ML or DS solutions to real-world problems that are developed by the community either for free or paid. The token will be used to reward developers on the platform.

    Another top-ranking ICO, Obortech, will be completed by 15th April. The project has a goal of $240,000, 6% of which has been achieved as of yet. Obortech aims to provide a digital ecosystem for all agents in the supply chain network to increase the ease of participation and collaboration.

    PointPay.iois the world’s first cryptocurrency bank. The PointPay Wallet and PointPay crypto exchange are being tested on the mainnet while the crypto bank is in its conceptualization bank. The block chain banking is the future of the world, according to PointPay and PointPay is leading the race. The ICO is set to end by the end of June and the crypto bank is expected to roll out by the end of the year.

    The ARNO ICO has a ranking of 4.20 while the ICO is set to end by October. The program is focused on providing solutions based on Nano technology to the various industries of the world.

    Counos Coin’s ICO will end by July 2025. The aim is to provide the safest and fastest cryptocurrencies. The network is also focused on increasing the interaction between buyers and sellers on the platform in order to increase collaboration.

    Upcoming ICOs to watch out for

    Libra wants to harness the power of technology in order to enable users to send and receive money cheaply and easily. For this, the project aims to build a global currency and financial infrastructure which will allow the flow of money to any corner of the world without any problems. Libra ICO has a rating of 4.63 and has the potential to become a successful ICO.

    Flow plans to roll out a next-generation block chain for games, apps and assets. The block chain is designed to be user friendly and highly scalable. The aim of the project is to empower developers on the block chain. Initiated by Dapper Labs, based in Canada, the ICO has a positive rating of 4.58.

    Jurais similar to Flow in terms of its vision. With the rise in use of block chain technology, many unseen problems have plagued its development. Jura aims to build next-generation blockchain technologies. Introduced by Jura Network, the technology is novel and users have high expectations from it.

    Quant has the aim to facilitate the integration of block chains and networks on a global scale. The project is the first operating system of the block chain. Built as a distributing ledger technology, the project is set to solve the interoperability problems faced by networks.

    Another upcoming ICO to watch out for is REMCO.It is the world’s first token generation platform for remittances. The network has had a successful private sale and the ICO is set to launch soon.

    Ended ICOs

    Some of the successful ICOs that has happened in the past are:

    • Telegram Open Network: a new cryptocurrency based on multi-block chain and proof of stake mechanism.
    • Spiking: An AI-driven encryption trading platform
    • Inlock: A cryptocurrency lending platform
    • Lapo Blockchain: A next generation cryptocurrency with a focus on speed and stability
    • Ingot coin: A blockchain ecosystem that links digital currency with existing financial markets through smart contracts
  • Top three upcoming ICOs: What to lookout for?

    Top three upcoming ICOs: What to lookout for?

    Like Initial Public Offerings, cryptocurrencies have Initial Coin Offerings (ICOs). During the ICO, the project details are revealed through whitepapers and users get the first exposure to the cryptocurrency. Firms raise capital through ICOs and in return, provide tokens to investors.

    Initial Coin Offerings are very risky. The projects are usually in their inception stage without any major developments having been made. The experimental stage of the project leaves matters to speculation. A huge number of Initial Coin Offerings fail or fail to provide the returns that are expected. A lot of things can go wrong with investing in ICOs. However, in the world of investment high risk is equal to high return which is why ICOs are pretty popular.

    Risks in investing in ICOs

    Unlike an IPO, you are not investing in a registered company during an ICO. An ICO is more like investing in an idea that you believe will flourish. The highly speculative nature of ICO investment itself is a huge risk. But scammers also use social media platforms to manipulate the market. By being active on social media, anyone can drive up the value of an ICO only to sell tokens at inflated prices.

    Moreover, ICOs are not traded through official channels. There is no registered website where you can invest in an ICO so there are less safeguards, if any. You can be robbed of your investment as ICO investment is a hotbed for scammers, given the nonexistence of any checks and balances. Lastly, there is not much one can do to ensure the ICO is legitimate. A scammer can make an ICO appear so legit that many people fall for ICO scams every year.

    With that being said, the currently top ten ranked coins also had their ICOs held and people believed in their technology, took the risks and would be enjoying astronomical returns today. But of course, you can take steps to ensure from your end that the ICO has the potential and is not a scam. Research is the key to unlocking the returns of ICOs.

    Top three ICOs to look out for

    Ethbox

    Starting on March 25th, the project has set its goal at $81,250. The project presents an innovative solution to the high risk involved while trading cryptocurrencies. Ethbox will be a digital escrow service through which users can transact safe and securely.

    DeHive

    Starting in a few hours, the DeHive is like the Dow Jones of cryptocurrencies. The decentralized protocol will enlist the top performing DeFi tokens into one index. The index will comprise of impactful DeFi index which will allow investors to invest in the whole cryptocurrency market.

    PointPay

    This blockchain-based bank has set out to transform the future of banking. Point Pay is a fintech company based in Estonia and has been under operation since 2018.  The aim is to create a block chain ecosystem comprising of many financial instruments. Users can open cryptocurrency checking and savings accounts, take cryptocurrency loans and so much more. The ICO is set to end on July 22nd, 2021. The token is priced at $0.10.