Initial Coin Offering (ICO), a crowdfunding practice that issues digital tokens, continues to attract record attendance and rave reviews from the media and crypto enthusiasts – for good reasons. Its influence goes far and wide, creating a new breed of tech millionaires out of small investors and ordinary citizens.
The success of ICOs such as Ethereum, Spectrecoin, NEO, etc., coupled with the significant growth of the cryptocurrency market has more and more people interested in the emerging digital currency market. Big risks, big rewards, they say. To help you find some of the best investing opportunities, this piece lists the newest and most promising ICOs you should know.
Crystal Token is a cryptocurrency that brings innovation in the area of smart investments through a concept known as Virtual Staking. The Virtual Staking program offers a unique combination of lending and staking, where investors can borrow at least 100 Virtual Crystal Token (VCYL) and receive a maximum of 2 percent interest each day.
In addition, investors who borrow more than 2,500 VCYL will get either 3% or 7% interest worth of coins when their capital is due. Investors can reinvest their funds back into the program automatically if they like. In this case, the interest is added to the original loan instead of creating a new one. Depending on the amount invested, investors can receive capital anywhere between 120-180 days.
Those who cannot wait that long may consider lending into the short term program where capital is released between 30 to 90 days. However, this program attracts a maximum of just 1% interest on a daily basis.
The token, which runs on the Ethereum platform, has a total supply of 28,000000 (CYL), out of which around 7,000,000 are currently in supply.
Ubex is a decentralized advertising platform built on mutual trust and efficiency. Organizations who wish to advertise on this exchange can buy ad slots in real time using programmatic technology. Ubex is based on neural networks with the use of smart contracts.
The neural networks assess users’ interests, estimate the probability of targeted actions for the advertising company’s offers, and then selects the most appropriate advertisement. Around 2,880,000,000 UBEX tokens are available for sale.
MB8Coin is a cryptocurrency that was designed to power the current Multibuy loyalty rewards network, which makes it the first ever digital currency with established world applications. MB8 runs on the X13 platform. The going ICO price is 1 Euro = 3 MB8. About 550,000,000 MB8 tokens are available for sale.
Aenco is a financial solutions platform that is based on the blockchain. The token has applications in health, smart capital, as well as prime brokerage. It enables health organizations to research, examine, and assist each other in finding cures for diseases.
First announced in March 2018, SilkChain is a blockchain-based token that seeks to improve international trade. The token has a total supply of 10,000,000,000 SILK. The ICO conversion is 1 ETH = 11,000 SILK.
While it is hard to say for sure what the future holds for these tokens, it cannot be denied that they are a critical part of the innovation process that brings new ideas and concepts to the world of cryptocurrency. As far as ICOs go, they represent some of the most promising you’ll find anywhere today.