Posts Tagged ‘Initial Coin Offering

The craze for ICOs (Initial Coin Offerings) seems to be going on and instead of things starting to calm down things are actually getting more and more intense, regardless of the news that some countries may be banning them or regulating them. Nowadays all we pretty much see in our sidebar with ads, provided mostly by Google, is pretty much all about ICOs and nothing more. We are also being contacted on a daily basis by a lot of people that are willing to advertise their upcoming or already running ICO or just do a coverage. We are not big fans of Initial Coin Offerings ourselves and writing about them or even directly advertising kind of means that we either approve or endorse them or at least this is what most people will think even if that is not our intention. We have been covering some ICOs in the past, just a few actually, as giving investment advice for ICOs especially has never been the idea or goal of this website. If we see a good idea and want to help promote the project and actually use the service or product that will or is being made directly as a result of an ICO we are going to share that information anyway. In such cases we are even investing something in that particular ICO ourselves, this is how much we believe in the idea. Even then however you should not threat that as an investment advice, you should still do your own research as we may not always be right on the spot…

With all of the above said our team does not track any or all ICOs that are currently appearing, starting or ending, they are quite a lot actually and if you do not specialize on that topic alone it will be hard to cover it all. We are not investors or traders and we do not give investment or trading advice, even if we do both of these as well from time to time. We are not against ICOs as a concept, in fact we have recently taken a part of such a project ourselves – Cryptum, a project that is developing a crypto mining board game among other things, though our interest was caught by that particular side of the project. It is not an ICO that promises great things such as decentralizing the board game business or putting board games on a blockchain, it has much more reasonable goals and a business plan that actually seems quite reasonable. Taking a part in that particular project has allowed us to get a pretty good insight on how things work inside an ICO and how many people try to make profit from such projects, not caring at all about the actual product or service (the ugly side of the business).

You are still welcome to contact us if you are running an ICO, planning to start one, or have even finished such a project. We would gladly check it out if we find it interesting and may even do a coverage here, but don’t just say you want to promote an ICO and you are contacting us for advertisement rates. If you are not able to explain what your project is about in just a few sentences in an understandable way, then don’t even bother writing to us. If you cannot do at least that, then maybe you should not be running an ICO at all… just repeating a couple of keywords such as decentralizing and putting whatever it is on the blockchain all the time probably would work for some people, but not for us. If you cannot explain your idea quickly and easily, then don’t even bother trying to!

Crypto Token ICOs (Initial Coin Offerings) are not slowing down and if you need to be able to get a better understanding on the ones that are more interesting and seem more promising, then you need a resource to help you get a better understanding and have a handy calendar when and what is launching and how long it will be available. One such service that we find useful is TokenMarket as it provides information for tokens and crypto currencies launching ICOs, they also have a calendar to help you keep track what to expect and when. Of course you still need to do a proper research in any ICO that you might be interested in, read the Whitepaper, check the Roadmap, see if there is actually something already available to as a products or service (even a prototype or alpha version) and so on. Just like with crypto currencies the advice to not invest more than you can afford to loose in ICO tokens is even more on the spot.

To check out the TokenMarket website and what information it provides…

In the world of crypto currencies ICOs (Initial Coin Offerings) are a way for many new startup projects to get funding, the problem however is that there have been quite a few of these in the past that did not end up well. There are still some ICOs that are looking suspicious or are screaming Scam all over the place, so you need to be extra careful should you decide to invest into such a project. Here comes ICOindex, a simple and easy to use platform that enables you to find all ongoing and upcoming ICOs, so you can do your research and decide if you find something interesting or not. The website also tracks suspicious ICOs that you should treat with extra caution as well as ones that are looking like scams and you should avoid wasting your money on.

We are not that big fans of ICOs in the crypto world, though we have taken part in some ourselves and will probably continue doing so in the future as well. Doing a proper research and avoiding projects that raise suspicion and have not produced anything yet, but only give you big promises is usually a wise idea. Investing in an initial coin offering may give you satisfaction from being a part of the success of a good project and can also make you some nice profit, but it is also risky form of investment, so be careful not to invest more than you can afford to loose. So a resource such as the ICOindex website might be useful starting point in giving you up do date information and some pointers, but you should still do your own analysis as well.

For more information about the upcoming and currently ongoing crypto ICOs on ICOindex…


top