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ten thing to know before investing in ICO’s

Investing in ICO’s : Ten things that every investor needs to know

If you’re going to be investing in ICO’s, then you need to be well-informed. There have been too many stories about people who threw all of their money into an ICO that promised them good returns only to lose all of their investment either because the ICO was an outright scam or because they couldn’t deliver the product that they said they would.

ten thing to know before investing in ICO’s

ten thing to know before investing in ICO’s

Investing in ICO’s can be both exciting and rewarding, but you should know these 10 things before you put any of your hard-earned money into one.

#1- What Countries Do They Allow?

Before you are  invest in a ICO, the first thing you need to know is if citizens from your country are allowed to invest in the first place. Due to various laws, and to prevent the possibility of a “pump and dump” many ICO’s restrict ICO’s to a few select countries.

#2-Bitcoin or Ethereum?

Currently, every ICO either takes Bitcoin or Ethereum. Sometimes they offer bonuses depending on which currency that you invest with. If you read the ICO’s whitepaper, it should clearly outline what currency you should invest with and what address you should send it to.

#3-Do You Need A Wallet?

Most exchanges don’t allow you to deposit cryptocurrency directly to a known ICO address. It’s usually a violation of their terms and conditions, and doing so can result in you losing your entire transfer. Because of this, you will need to have a digital wallet from which to transfer your funds before investing in ICO’s.

#4-Do They Offer Bonuses?

Most companies offer bonuses to individuals who are investing in ICO’s. Usually, the more money you invest initially, the greater return you will get when their token launches. This is a way to reward the heavy hitters who are seeking to make long-term investments into the technology.

ten thing to know before investing in ICO’s

ten thing to know before investing in ICO’s

#5-Do They Solve Problems?

Much of an ICO’s success depends on their ability to solve a problem. Sometimes they seek to fix a real-world problem such as decentralizing the power industry, or sometimes they try to fix a problem with the blockchain by speeding up transaction times.

Before investing in an ICO, you need to make sure that they can be successful in the long run. The most successful ICO’s are the ones that solve problems and benefit both people and the blockchain industry.

#6-Do They Have A Roadmap?

A business without a plan is doomed from the beginning. Before you invest in ICO’s, always make sure that they have a roadmap outlining their future goals and how they plan on achieving them. The more detailed, the better.

#7-Do They Have A Good Reputation?

Before investing in ICO’s, you want to be sure that they have a good reputation. This is the best way to protect yourself from getting scammed by shady individuals who set up proxy ICO’s, and then run off with peoples investments. Because of the decentralized and anonymous nature of cryptocurrency, it’s often impossible to find scammers like this.

#8-Do They Have Any Backers?

One way to gauge an ICO’s potential is to look and see if they have any reputable backers. If the company is recommended by notable figures in technology, the government, or blockchain, then the chances are that the ICO is legitimate and has a decent future ahead of it. Big names usually will not risk tarnishing their reputation recommending bad ICO’s to people.

#9-What Is Their Price Prediction?

This can be hard to tell, but you can usually speculate what the token price is going to be once it hits the market. Of course, nobody can ever put a 100% accurate price on this, but if you look at the charts, graphs, and market cap, then you should be able to make an average prediction of the value of a token in the coming months.

ten thing to know before investing in ICO’s

ten thing to know before investing in ICO’s

#10-Do They Have A New Idea?

Possibly one of the best indicators to look for before investing in ICO’s is if they have a new idea. An ICO can have a great idea, but if it’s been done a hundred times before, then it’s not going to have much chance of long-term success.

 

Sources:

  1. http://bitcoinist.com/renewable-energy-trading-comes-to-thailand-power-ledger-and-bcpg-setting-the-pace/
  2. https://cryptopotato.com/10-keys-evaluating-initial-coin-offering-ico-investments/
  3. https://medium.com/accelerace-family/why-all-startup-founders-should-understand-icos-5829decc695a

Images:

https://pixabay.com/en/cryptocurrency-blockchain-bitcoin-3123849/

https://pixabay.com/en/bitcoin-loss-stock-exchange-profit-3134829/

https://pixabay.com/en/hand-adult-people-business-wealth-3077533/

 

Top 5 Most Promising ICOs in January

For experienced investors, ICOs are a great way to receive quick gains. While you should invest at your own risk, there are some ICOs that perform better than others. Give these Top 5 ICO’s in January 2018 a look if you want to engage in the crypto market and potentially make a more on your initial investment.

1: Cedex (CEDEX)

ico cedex

ico cedex

In today’s market, investing in diamonds is a privilege that’s only a few can partake in. It’s hard to obtain and has high barriers to entry due to the fact that mining reserves are held only for people with high capital. CedEX Makes it easier to buy/invest in diamonds by allowing users via Ethereum’s decentralized and well-protected blockchain network. Once you use CedEX, you are allowed in a decentralized diamond financial market. You can invest in diamonds and find out extended information about the diamond you’re attempting to buy. The system represents the diamond’s gem information, gem composite, and allows users to have their diamonds delivered to their home.

Token Sale Information:

  • Payment Method: ETH
  • Pre-Sale: January 16th
  • ICO Sale: April 13th
  • Max Tokens Produced: 100,000,000

 

2: RxEAL (RXL)

ico rxeal

ico rxeal

RxEAL is a digital real estate investment platform that uses Ethereum’s blockchain network to make a more protected way for users to obtain and protect their security deposits. It solves the problem of rental property disputes by offering a decentralized network where both sides of the rental agreement is fully recognized and adhered to.

 

Investors can profit off of RxEAL (RXL) because of its contribution to the real estate industry and due to its low price per ETH. Invest in it if you want to get the lead on the real estate market and have better control over the rental agreements and property protection.

Token Sale Information:

  • Payment Method: ETH
  • Pre Sale: January 5th, 2018:
  • ICO Sale: February 19th, 2018:
  • Max Token Supply: 96,000,000

 

3: Smart City [SRT]

smart city ico

smart city ico

Smart city solves the problem that most modern cities currently face. While they want to become a smart city, they do not have the platform or the technology to help them do so. Smart city (SRT) tokens are used to help these cities by giving them an application filled with a module that helps them build their smart city.

Smart City is a great investment as it allows you to increase the value of your property. Also, you can have control over a smart city network. We recommend this ICO for Real Estate professionals and developers wanting to enhance the quality of their local environment.

Token Sale Information:

  • Payment Method: ETH
  • Pre Sale: January 15th
  • ICO Sale: February 1st
  • Max Token Supply: 100,000,000

4: VIToken [VIT]

ico vimarket

ico vimarket

Experience the new age of virtual reality market trading and 3D environments. Vi Market allows users to experience the product they are attempting to buy via its VR (Virtual Reality) platform. Users can exchange virtual assets such as Virsions using Vitokens (VIT). This is the future of virtual reality 3D areas, and users can purchase the real-life version of the virtual reality item that’s created in its network. Buying this gives you the benefit of owning one of the growing virtual reality networks and can give developers the ability to become virtual marketers and make sales off of their merchandise.

 

Token Sale Information:

  • Payment Method: ETH
  • Pre Sale: Jan 9th, 2018
  • ICO Sale: Feb 14th, 2018
  • Max Token Supply: 250,000,000

5: Restart Energy (RED)

restart energy ico

restart energy ico

As of now, the energy industry has too many intermediaries, too much taxes, and unnecessary costs. Restart Energy is a private growing energy and gas growing provider whose purpose is to provide a decentralized energy market for its investors. Restart energy uses RED tokens which are used as energy and grows as the ICO progresses. When investing it, you’ll gain access to a global energy supply, watt prediction software, and franchise opportunities for token holders.

 

Token Sale Information:

  • Payment Method: ETH and BTC
  • Presale: January 15th
  • ICO Sale: February 14th
  • Max Token Supply: 500,000,000

 

Conclusion

To conclude, everyone should try these ICOs out before the pre-sale occurs. This will help you get the most out of each coin and receive profits if it moons in value. Remember, invest at your own risk and research the ICOs that are the most beneficial to get the most out of it!

 

Sources:

  1. https://restartenergy.io/Restart_Energy_Whitepaper.pdf
  2. https://paymentweek.com/2018-1-8-origintrail-unlocks-blockchain-global-supply-chains-announces-january-ico/
  3. https://vimarket.io/data/ViMarket-Whitepaper.pdf?ref=1515318699
  4. https://storage.rxeal.com/public/RxEAL_White_Paper.pdf
  5. https://cedex.com/img/Whitepaper.pdf