Initial Coin Offering or ICO is a term which is, by now, known to all kinds of investors, blockchain or otherwise. Initial Coin Offering is a fundraising method used by new kind of projects which are usually based on the blockchain technology. Another big difference between ICOs and traditional IPOs (Initial Public Offering) is that ICO investors get tokens (cryptocurrencies) in exchange for their investment.
Now, if you are wondering what a token or cryptocurrency is, I would suggest you to read this guide. Today, in this article, we will talk about the top 7 most promising ICOs of the year 2019.
An ICO or Initial Coin Offering is a fundraising process in which a new startup, usually based on the blockchain technology, sells it future tokens in exchange for funds from potential investors. The usual process includes releasing a project whitepaper, establishing a website, promoting the ICO and conducting the sale. The development of the actual platform or app generally starts after the ICO is finished.
Before you plan to invest in an ICO, it is important to find the right ICO for your investment. Here are some of the best tokens you should consider buying this year.
Airtoto is one of the best futuristic projects in terms of authenticity and popularity. It is authentic because the project has been backed by the government. So, what Airtoto actually is?
Airtoto is a blockchain-powered decentralized lottery platform that intends to provide a secure, fair and transparent way for playing professional lotteries. The benefit is that this is probably the first blockchain lottery that has been fully licensed to operate in a number of countries. Also, it has been backed by the government so there is no trust issue.
Airtoto lottery benefits users in terms of a fully transparent lottery system where the control is not in the hands of any centralized authority. All the transactions are performed by Smart Contract based automated system which ensures transparency and fairness. All transactions are recorded in a public ledger which can be easily verified in case of a dispute. Winnings and distributions are also completely transparent. In addition, Airtoto is committed to distributing a minimum 50% of its profits among its investors. So, it is a win-win situation for all investors.
As the name hints, it is a real-estate based blockchain project. The project provides an opportunity to potential investors, international and local, to invest in the flourishing real estate market of the U.S. The traditional fund structure has been merged with the blockchain technology to provide investors with a secure and reliable investment option.
In its ICO sale, BlockEstate is selling its security token - BEAT - which is backed by US-based real estate fund. The company behind the project intends to raise sufficient funds to be able to acquire real estate assets in the US. The company will invest its funds in two types of real estates including a long term (stable) real estate which will include investment in stable properties like Multi-family residential, Industrial properties with steady income streams and Long-term commercial properties.
HYGH is a blockchain-based p2p advertising platform and content management system which allows brands to engage in futuristic advertising by connecting and promoting directly to their clients. The HYGH platform can be used by any type of advertiser, irrespective of their size or needs. It lets you advertise your products and services through whatever device or technology your potential clients are using.
The mission behind HYGH is to change the way digital advertising is handled by today’s businesses and marketing individuals. It aims to expand the scope of digital advertisement through its simple yet innovative blockchain platform.
Volentix is a digital asset management and exchange platform based on decentralized blockchain technology. The platform has been integrated with a multi-currency cross-blockchain wallet that allows peer-to-peer trading of digital assets. It also has a market-ratings analytical interface along with an incentive-based recruitment program.
The aim behind the Volentix project to make it easier for cryptocurrency users to handle and use their digital assets. The cryptocurrency system seems too complex to many investors. The Volentix app comes with a very easy interface which presents required information in a more user-friendly manner. It lets users store, use and trade their cryptocurrencies in the easiest manner.
Viaz is a decentralized funding platform that connects startups and new projects with potential investors. The benefit of this platform is that it acts as a bridge between fiat currencies and cryptocurrency. The platform will enable investors to lend money in both digital and fiat currency formats.
Based on a decentralized blockchain, Viaz facilitates a truly peer to peer connection between borrowers and investors, removing any middleman commissions, thus benefiting the involved parties in the best manner. It enables users to securely borrow, lend or transfer money throughout the world without having to worry about regulations or conversions.
MOBU is a security protocol for digital currencies like tokens and a licensed STO exchange. The company has developed the MOB20 standard protocol for the implementation of security tokens in general. The project is inspired by how Ethereum platform (ERC20 standard) has made it easier to build new utility tokens based on the standard. Similarly, MOB20 standard will provide general guidance for the implementation of security tokens. It can be treated as a stamp for quality or approval of the respective token.
The aim of MOBU is to increase the use and popularity of security tokens by enabling developers to easily create and release more security tokens based on this standard.
FANZ is a hybrid token designed for the sports industry to make it easier to store and manage various information and data like team details, score, matches, etc. It is based on ERC20 standard and also integrates ERC-721 like characteristics allowing each token to store team-specific data. The tokens can be distributed among the fans who would like to find all the details about the teams and leagues in a match.
FANZ has officially started a partnership with the NFL Players Association by accepting them as a stakeholder in the company. In addition to that, it has also formed a partnership with the WNBA Players Association, making it one of the best examples of the mainstream use of cryptocurrencies.
ICO is a volatile industry with the value of tokens changing a lot. Invest in a token which offers the best benefits in terms of liquidity and applications. The more there is demand for the token, the more value it will have in the market.