2018 - ICO status - Would be the biggest ICO year
We know that a lot of ICO was conducted in 2017. Huge sums of money were raised during that period. 235 Token have raised money through ICO. Filecoin had raised highest amount of money ($257 million Dollar). Tezos, EOS, Bancor, KIN, TenX are among the top Tokens. Almost $3.7 Billion was raised through ICO in 2017.
ICO is the best and easiest way to raise money. ICO eliminates third-party cost and regulatory difficulties.
An initial coin offering (ICO) is a controversial means of crowdfunding centered around cryptocurrency, which can be a source of capital for startup companies. In an ICO, a quantity of the crowdfunded cryptocurrency is preallocated to investors in the form of "tokens", in exchange for legal tender or other cryptocurrencies such as bitcoin or ethereum. These tokens supposedly become functional units of currency if or when the ICO's funding goal is met and the project launches Source
2018 looks even more interesting for ICO. Already raised $981 million through ICO. It is rumored that Telegram could raise more than half a billion dollar in 2018. Silicon Valley investors are rallying to invest in Telegram ICO. Telegram could be the star of 2018. It seems that 2018 would be the biggest year for ICO.
Other than Telegram, Envion is also raised huge sums of money through ICO. It was raised $100 million. Please look at the chart below to get an idea.
What do you think about ICO? Please leave a comment below.
Thank you for taking the time to read this post. Your comments and upvotes are highly appreciated.
This is why your friends and family member should join Steemit
Steemit - A decentralized reward based social media. Steemit is the first and best social network that pays its community with Cryptocurrency. STEEM is the native token for Steemit platform. Steem can be transferred and converted to other cryptocurrencies anywhere anytime.
You can keep STEEM on the Steemit platform and Powering Up your STEEM to STEEM POWER. STEEM POWER provides you more strength in this platform.
+++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
Steemit: https://steemit.com/@steemero/ Facebook: (https://www.facebook.com/steemero Thank you for honoring me with your upvotes!To Read 📗 my next post!!! Follow me @steemero
HELP ME REACH 2,000 FOLLOWERS!
Warm Regards,
@steemero
hai.. @steemero
i already upvote and resteem your post
please help me to upvote back my post
https://steemit.com/esteem/@said78/make-a-better-post-in-steemit-for-all-steemian-33c5e74794b0d
You are a good friend. Thank you for your support
Bitcoin is an amazing and workable currency in the current world.. i appreciate your post.
Not only Bitcoin, we will get more coins which are amazing and workable
ICO is more likely to issuing shares of a Company but I think the procedure of ICO is not as secure as getting initial shares offering due to legal documentation and banks involvement as intermediary parties. Further, recent few scams in ICO have created doubts over it's security and legality and somehow I believe that this year ICO wouldn't get so many success as they did for the first time in 2017. This is just my opinion. :)
I appreciate your great comment. There is bad and good project. our goal is to pick up the good one. Thanks again. Cheers!!
Agreed. Thanks.
Hi, I hope you followed me and you will vote and comment
Thank you for your visit to my blog
Honestly, i don't really understand what an Ico is. I know there are many cryptocurrencies such as bitcoin and steem and ethereum. Are Ico other crpto aside the famous ones??
ICO - is intial coin offering, its like IPO on the stocks market , you simply buy these coins from creators before these coins go to public exchange.... mostly you are paying for these coins in BTC or ehereum or litecoin
👌
You got a 1.07% upvote from @postpromoter courtesy of @steemero!
Want to promote your posts too? Check out the Steem Bot Tracker website for more info. If you would like to support the development of @postpromoter and the bot tracker please vote for @yabapmatt for witness!
Great post.
Thank you for your appreciation
This post has received gratitude of 1.97 % from @appreciator thanks to: @steemero.
Nice article. I want to add an opinion. Although ICO is great from the organizer side. ICO is quite risky for investors. Especially for normal people who wants to invest in good project. There are no "guidelines" or any decentralized authority that will say, "hey, this ICO is F rated and probably scam", It's very hard to analyze.
You got a 2.83% upvote from @upmewhale courtesy of @steemero!