ICOs, Initial Coin Offerings – Know all the Details!

initial-coin-offerings

ICOs or the Initial Coin Offerings are just like an IPO in share markets. ICOs are the Initial Coin Offerings, which is just a way to the initial fundraising for the projects and is a new dimension in the Cryptocurrency World. To start off, the companies create a certain digital token and distribute it to the public, some are being paid as a free giveaway, while rest are being purchased in return of the Bitcoin or any other currency purchasing methods. These tokens are based on Ethereum platforms, which feature a toolkit thus offering the companies in creating a token.

The Rise of the ICOs

The rise of the ICOs has been seen in the recent 1.5 years, where lots of ICOs are being offered to the public. The first ICO ever seen in the market was in the year 2014. A total of seven such ICOs were seen in the year, among which the Ethereum was the biggest one. Following the year 2014, the year 2015 was a quieter year, where the prime ICO was Augur. However, the year 2016 saw the sudden rise of the number of ICOs and that the year saw more than 43 ICOs among which the Golem, Waves were the prime ones. The following year 2017, saw as many as 342 such projects and raised a significant amount of money in a short time.

What are the Benefits of the ICOs for the buyers?

The ICOs may accompany several benefits, which can come in various forms. Let’s discuss the various benefits of the ICOs for the buyers’ perspective:

  • Possible gain through the increase in the price of the token offered. In fact, during the ICO Period, the tokens are offered at a very low price, and as soon as these tokens start getting listed on various exchanges, the chances of the price increase for those token are certain. Even, the price can see a rise of more than 5 times or so, and thus giving the token holder a chance to earn a significant profit with the ICOs.
  • At the same time, the interested Crypto enthusiasts can offer themselves a role in developing a new technology. Most of the people have been seen as becoming marketing strategists for the ICOs and in return getting additional Tokens or amount, depending on the deal.
  • You can indulge yourself in some innovative service and can start your own business in the field of Cryptocurrency.

What are the Downsides of the ICOs for the Buyers?

ICOs are not always a beneficial for the buyers, and accompany with some risks, which are listed below:

  • There is absolutely no guarantee that the project will get developed, and thus the person who bought the tokens may risk of losing the entire money invested in buying tokens. Study stats that most ICOs are fake, and they never get the start. A Survey states that more than 90% of the ICOs are fake.
  • There is absolutely no regulatory protection, thus the investors are at their own risk.
  • Some ICOs are made for collecting private information of the users, and thus the users are always at risk of getting scammed by several online means. Since there is no transparency in the working structure of these ICOs; the users are at risk of being scammed and being looted.

How to protect yourself from ICOs scam?

While the genuineness of the ICOs is very hard to determine, what you can do is to avoid providing all important private information during the ICOs. If any ICO is asking for the details like bank accounts, or any other details, where you may sense, you have the hard earned money, better leave that ICO. Also, create a separate email ID for the same purpose and also create a different Wallet address for dealing with those ICOs and tokens.  Make sure that you are not furnishing any private information, where your money is put in already!

Top ICOs of all times

 

Here is the list of TOP ICOs of all time, sorted out on Ranking wise:

Name of the ICO Amount Raised
Filecoin [Futures] $257 million
Tezos $232 million
EOS $180 million
SIRIN LABS Token $157.9 million
Bancor $153 million
Status $108 million
QASH $105 million
Aragon $73 million
Bankex $70.6 million
TRON $70 million

 

The Future of ICOs
Name Start End
Talentico (TAL)
Platform: Ethereum
December 18, 2018
in 1 Day
March 18, 2019
in 3 Months
Bitcademy Football (BTMG)
Platform: Ethereum
December 20, 2018
in 3 Days
January 31, 2019
in 1 Month
POVR (PPOVR)
Platform: Ethereum
December 22, 2018
in 5 Days
TBA
TEMCO (TEMCO)
Platform: Ethereum
December 24, 2018
in 1 Week
January 23, 2019
in 1 Month
Biteum (BTM)
Platform: Ethereum
December 25, 2018
in 1 Week
TBA
DeepCloud (DEEP)
Platform: Ethereum
January 01, 2019
in 2 Weeks
January 14, 2019
in 4 Weeks
HUSSY (HUS)
Platform: Ethereum
January 01, 2019
in 2 Weeks
January 31, 2019
in 1 Month
SharkGate (SHKG)
Platform: Ethereum
January 01, 2019
in 2 Weeks
February 01, 2019
in 1 Month
Scienceroot (ST)
Platform: Waves
January 01, 2019
in 2 Weeks
February 15, 2019
in 1 Month
HubrisOne (HBRS)
Platform: Ethereum
January 01, 2019
in 2 Weeks
May 31, 2019
in 5 Months
WatchUGot (WUG)
Platform: Ethereum
January 04, 2019
in 2 Weeks
February 01, 2019
in 1 Month
HotCoin (HTC)
Platform: Ethereum
January 07, 2019
in 3 Weeks
January 21, 2019
in 1 Month
Betform (BFC)
Platform: Ethereum
January 08, 2019
in 3 Weeks
January 31, 2019
in 1 Month
Solarex (SRX)
Platform: Ethereum
January 10, 2019
in 3 Weeks
February 10, 2019
in 1 Month
Somesing (SSX)
Platform: ICON
January 14, 2019
in 4 Weeks
February 28, 2019
in 2 Months
Brain Space (IMP)
Platform: Ethereum
January 14, 2019
in 4 Weeks
March 10, 2019
in 2 Months
MEDICOHEALTH (MHP)
Platform: Ethereum
January 15, 2019
in 4 Weeks
February 14, 2019
in 1 Month
Dataeum (XDT)
Platform: Ethereum
January 21, 2019
in 1 Month
February 24, 2019
in 2 Months
FanChain (FANZ)
Platform: Ethereum
February 01, 2019
in 1 Month
March 31, 2019
in 3 Months
VTUUR (VTUUR)
Platform: Ethereum
February 05, 2019
in 1 Month
March 20, 2019
in 3 Months
Viaz (VIAZ)
Platform: TEZOS
February 15, 2019
in 1 Month
April 15, 2019
in 3 Months
WeBuy (WBY)
Platform: Stellar
March 04, 2019
in 2 Months
March 30, 2019
in 3 Months
MenuBuzz (MENU)
Platform: Ethereum
May 07, 2020
in 1 year
June 18, 2020
in 1 year
Aimedis (AIM)
Platform: Ethereum
in TBA
TBA
Casper API (CST)
Platform: Ethereum
in TBA
TBA
Name Start End
SocialGood (PreICO) (SG)
Platform: Ethereum
April 23, 2018
7 Months ago
December 16, 2018
in 3 hours
Triffic (GPS)
Platform: Ardor
December 03, 2018
1 Week ago
December 17, 2018
in 1 Day
BQT (BQTX)
Platform: Ethereum
September 18, 2018
2 Months ago
December 18, 2018
in 2 Days
Re:Factor (REFT)
Platform: Ethereum
September 18, 2018
2 Months ago
December 18, 2018
in 2 Days
Adab Solutions (PreICO) (ADAB)
Platform: Ethereum
November 28, 2018
2 Weeks ago
December 19, 2018
in 3 Days
Paytomat (PTI)
Platform: Waves
November 20, 2018
3 Weeks ago
December 20, 2018
in 4 Days
Cryptobuyer (XPT)
Platform: Ethereum
November 20, 2018
3 Weeks ago
December 20, 2018
in 4 Days
WPP (WPP)
Platform: Ethereum
September 20, 2018
2 Months ago
December 20, 2018
in 4 Days
Opu Labs (OPU)
Platform: Ethereum
August 01, 2018
4 Months ago
December 20, 2018
in 4 Days
Friend (FRND)
Platform: Ethereum
June 15, 2018
6 Months ago
December 21, 2018
in 5 Days
Buron (BURC)
Platform: Ethereum
December 21, 2017
11 Months ago
December 21, 2018
in 5 Days
Zichain (ZCN)
Platform: Ethereum
December 01, 2018
2 Weeks ago
December 22, 2018
in 6 Days
genEOS (genEOS)
Platform: Ethereum
June 26, 2018
5 Months ago
December 23, 2018
in 1 Week
Genuine Fashion (GFT)
Platform: Ethereum
September 24, 2018
2 Months ago
December 24, 2018
in 1 Week
Influ (Intos)
Platform: Ethereum
August 06, 2018
4 Months ago
December 24, 2018
in 1 Week
Fatum (FTM)
Platform: Ethereum
November 20, 2018
3 Weeks ago
December 25, 2018
in 1 Week
OfferZone (OFZ)
Platform: Ethereum
October 01, 2018
2 Months ago
December 25, 2018
in 1 Week
SRT (SRT)
Platform: Ethereum
September 25, 2018
2 Months ago
December 25, 2018
in 1 Week
Bixtrim (BXM)
Platform: Ethereum
September 15, 2018
3 Months ago
December 25, 2018
in 1 Week
Cointradebase (CTB)
Platform: Ethereum
July 10, 2018
5 Months ago
December 25, 2018
in 1 Week
Bidooh (DOOH)
Platform: Ethereum
October 31, 2018
1 Month ago
December 26, 2018
in 1 Week
Sports Ledger (SPSL)
Platform: Ethereum
November 01, 2018
1 Month ago
December 27, 2018
in 1 Week
DapCash (PreICO) (DAPG)
Platform: DAPS
January 28, 2018
10 Months ago
December 28, 2018
in 1 Week
beepnow (BEEPNOW)
Platform: Ethereum
October 20, 2018
1 Month ago
December 29, 2018
in 1 Week
Loligo (PreICO) (LLG)
Platform: Ethereum
October 11, 2018
2 Months ago
December 29, 2018
in 1 Week
Name Start End
Raido Financial (PreICO) (RF)
Platform: Ethereum
November 15, 2018
1 Month ago
December 15, 2018
20 hours ago
Mt Pelerin (MPS)
Platform: Ethereum
October 30, 2018
1 Month ago
December 15, 2018
20 hours ago
Resto (RESTO)
Platform: Ethereum
October 10, 2018
2 Months ago
December 15, 2018
20 hours ago
Depository Network (DEPO)
Platform: Ethereum
November 15, 2018
1 Month ago
December 15, 2018
20 hours ago
ArtNoy (ART)
Platform: Ethereum
July 01, 2018
5 Months ago
December 15, 2018
20 hours ago
AvailCom (AVL)
Platform: Ethereum
November 15, 2018
1 Month ago
December 15, 2018
20 hours ago
Canabio (CNB)
Platform: Ethereum
January 01, 2018
11 Months ago
December 15, 2018
20 hours ago
Holiday (Holiday Coin)
Platform: NEO
November 15, 2018
1 Month ago
December 15, 2018
20 hours ago
Gastro Advisor (PreICO) (FORK)
Platform: Ethereum
November 03, 2018
1 Month ago
December 15, 2018
20 hours ago
Envoy (NVOY)
Platform: Ethereum
October 01, 2018
2 Months ago
December 15, 2018
20 hours ago
EcoVerse (ECR)
Platform: Ethereum
November 15, 2018
1 Month ago
December 14, 2018
1 Day ago
H-Education World (HCoin)
Platform: Waves
August 16, 2018
4 Months ago
December 14, 2018
1 Day ago
HighVibe.Network (HV)
Platform: Ethereum
November 11, 2018
1 Month ago
December 12, 2018
3 Days ago
W12 (W12)
Platform: Ethereum
November 01, 2018
1 Month ago
December 12, 2018
3 Days ago
Viewo (VEO)
Platform: Ethereum
November 10, 2018
1 Month ago
December 10, 2018
5 Days ago
Bizavest Analytics Platform (Bizc)
Platform: Ethereum
July 13, 2018
5 Months ago
December 10, 2018
5 Days ago
CryptoRevolution (CREV)
Platform: Ethereum
July 25, 2018
4 Months ago
December 09, 2018
6 Days ago
Poseidon Foundation (OCEAN)
Platform: Stellar
November 03, 2018
1 Month ago
December 09, 2018
6 Days ago
Lyfe (LYFE)
Platform: Ethereum
November 12, 2018
1 Month ago
December 07, 2018
1 Week ago
Please (PLS)
Platform: Ethereum
November 22, 2018
3 Weeks ago
December 06, 2018
1 Week ago
RainCheck (RAIN)
Platform: Stellar
November 05, 2018
1 Month ago
December 05, 2018
1 Week ago
Haladinar (HDN)
Platform: Ethereum
September 01, 2018
3 Months ago
December 02, 2018
1 Week ago
ACA Network (ACA)
Platform: Ethereum
August 04, 2018
4 Months ago
December 02, 2018
1 Week ago
Unboxed (NBOX)
Platform: Ethereum
November 12, 2018
1 Month ago
December 02, 2018
1 Week ago
MulTra (MTT)
Platform: Ethereum
June 09, 2018
6 Months ago
December 01, 2018
2 Weeks ago

 

Nothing can be said with utmost surety, but amidst lots of fake ICOs, which are popping out every day, the ICOs have still some breath left, which can push it towards its goals. There are lots of potentials attached with the ICOs, but it entirely depends on the way, the ICOs are being handled. It has surely a potential to bring a new dimension to the Cryptocurrency Market.

 

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