Recently it is becoming more popular for ICO to limit somehow an access to buying its cryptocurrency. It might be a mandatory pre-registration, a limit on the maximum amount of individual investment and a digital queue for the right to buy tokens. At first glance it may seem to be irrational to limit incoming investments. But if you think for a while, you can understand the mechanics of this approach. The project thus is trying to find wise and loyal investors and protect their investments against ICO token price fluctuations. Such a way also allows to prevent blockchain overloading and develop a harmonious atmosphere within the community.
Nowadays a cryptocurrency is increasingly becoming an opportunity to pay for criminal activities, illegal goods and services and to be one of the money laundering way. It’s more tricky to do if ICO investment project is dealing with KYC. Know Your Customer is a process of identifying personal data, when a private person (potential investor) has to provide a number of documents confirming his identity. Of course such a process can delay the processing of transactions, taking your time for doing electronic paperwork, but also can make the cryptocurrency a legal, simple and convenient means of payment in the near future.
One of the leading indicator of potentially profitable initial coin offering project is is an existence of a working prototype. The real good one ICO barely enters the investment market with a raw product. MVP (Minimum Viable Product) shows you whether the project means business. Keep also in mind that a large number of ICOs have not standart MVP according to a generally accepted business practice. An existing program code (so-called forks) is often being used as a basis for a new initial coin offering projects.
One last thing is about to be born. A really good initial coin offering project exactly knows how, when and why. We are talking about collecting of investments. It is a good sign for investors if a project tends not to take away all possible ICO money from the market, but only attract as much as needed for development.
ZeroState ICO (ZSC)
Posted in Live ICO on Apr 16, 2018ZeroState is the world’s first emotional intelligence platform. It helps advertisers around the world increase the loyalty of their customers by analyzing their emotional involvement. Till 31 August 2018
Marginless ICO (MRS)
Posted in Live ICO on Apr 16, 2018Marginless is a betting exchange and a social betting network, where all users can share their betting insights, create their own markets, place bets against their friends or oppositors without being overcharged or simply tricked. Till 31 May 2018
NuVoo Cloud Mining Review
Posted in Reviews on Apr 15, 2018My regular readers and social media followers are aware of my general skepticism concerning cloud mining. There are simple too many opportunities for a scam. Hence, my own propensity for small scale software pool mining.
Hashflare Cloud Mining review
Posted in Reviews on Apr 15, 2018In the crypto sphere there are no "mints" printing our money. To create cryptos we must "mine".
What is Cryptocurrency Trading & How to Trade Cryptocurrencies?
Posted in Crypto Trading on Apr 15, 2018Before we discuss trading, let's clarify the true nature of exactly what a crypto really is.