What are the Prospects of ICO in 2018
There will be more Initial Coin Offerings in the next year, from various startups. There will also be ICO from already successful entrepreneurs who had more than one ideas, and who already have launched some kind of ICO. This is expected to happen because the blockchain technology will be able to offer more solutions to a variety of problems. These problems are for example data corruption, theft and manipulation of trade. Through immutable record keeping, data integrity, and safe electronic data transfers, all these problems can be solved, or at least greatly mitigated.
We are bound to see ICO in the legal space, ICO in stock market and derivatives trading, and ICO in many other industries where there is corruption and lack of trust. By improving trust people will see them differently, and will want to use them.
Blockchain technology is still in its infancy, it will take more like 10 years to see the full benefits of this technology, but 2018 will definitely bring new ideas. Some of the greatest minds are working on their startups today, in an effort to launch profitable ICO soon, and to solve a real problem in the marketplace. Inevitably, this revolution will also bring new ASICs from the chip manufacturers and more hardware innovation too. Some applications will come with their own unique hardware, so that other startups will not be able to copy their technology and original idea, even if they know the basic theory.
Hot ICO in the Fintech Field Available Today at Bargain Prices
There few new ICOs from startups in the financial, insurance industry and merchant industry, set to grow exponentially in the near future. Because they are competitive enough to take business away from traditional industries and to also bring in new clients, including some two billion people who currently don’t have easy access to these markets…
Bankera is a new competitive project in the banking space, it plans to offer full banking services as a crypto bank in the future. The people behind Bankera are very experienced, and one of their advisors is a cofounder of the NEM project. Bankera is a well thought out project, developing slowly but steadily, perhaps more slowly than most other blockchain projects out there. But this is natural, because good large projects do take a long time to develop. Bankera’s investors will have to wait more than a year, perhaps as long as 3 years to make serious money. But at the same time the profit potential of this ICO is massive, because it’s still cheap and overlooked. Bankera will focus on cryptocurrency and fiat currency exchange, loans and investments. The will also be active in remittance services and will have their own debit card.
KYC is a current hot ICO which aims to solve data verification problems and delays, as well as to prevent fraud. For example, instead of having to submit your personal ID documents and information every time you join a new secure online service (such as a crypto currency exchange) or many other secure websites, KYC will do the hard work, therefore saving you long delays and avoiding failures of verification. This is really useful these days, because as you probably know it is very hard and time consuming to open accounts with services such as Coinbase and other secure services. KYC makes things faster, efficient and it helps prevent fraud, that’s why there is a big market for KYC and I do believe it’s going to have a lot of business for a very long time.
ConnectJob is an intelligent platform based on Ethereum technology and its smart contracts. It plans to change the way job seekers and contractors find work, through a more sophisticated and more efficient way. Employers benefit as well, as they will be able to find the most qualified people for every job, at a lower cost. Connect Job essentially helps eliminate the middleman, which a big deal, considering that in many countries such as the UK, job agencies often make more money in commissions, than the actual employers make. This is especially true with highly skilled office personnel working on temporary contracts. So as you can imagine both employers and workers can benefit from this, while the only losers will be the traditional job agencies, which today make so much money for doing so little.
Scorum will start its ICO in January 14 2018. It’s a very good idea aiming to revolutionize the way sports fans interact with one another, and with sports data. Scorum will make use of business analytical tools, advanced data software, and even artificial intelligence to make all this possible. Sports fans will be paid scorum coins for contributing to sport related forums. Experienced sport analysts will be able to profit from their forecasts and opinions. Moreover there will be additional forecasting tools which many sports fans will find interesting, as many of them engage in sports betting.
LALA World Review
LALA World this is one more hot ICO in the remittance space, aiming to cut out the middleman such as Western Union and Money Gram, and to help the poor unbanked of the world save a lot of money. This industry is currently bad and immoral, and it costs more than $300B to these poor people. Therefore startups such as Lala World and others really could change it all, and make a big difference. Lala World is introducing ultra secure mobile platforms for cryptocurrency applications, not just a wallet, and security goes as far as making use of even the user’s biometric data. This ICO is bound to grow and do very good, because the market in this space is still in its infancy, and more than 2 billion people have yet to use their mobile phone to send money back home.
CrowdWiz Investments is an amazing current ICO that plans to offer a range of services based on the wisdom of the crowd, for investors and entrepreneurs, this is very important and it goes beyond a short description. However I can identify some key points. First of all the blockchain technology will make financial brokers obsolete, it may take few years to happen, but it will really happen! And CrowdWiz will be one of the providers who will facilitate share/asset dealing directly between buyer and seller. Moreover, it will offer some insurance and banking services also. So as you can imagine this is huge, as the industry in question is massive. This ICO is not to be missed by any means! Please visit, and learn more about the full range of possibilities and take advantage of the ICO discount offer soon. I know from actual floor traders at the NYSE and the CBOE and the CME, they were the first to figure out that blockchain technology will one day replace all today’s brokers! This token is ideal for long term holding!
EZToken is an impressive ICO which aims to help businesses acquire new clients and reward existing clients through a blockchain based loyalty platform. This will provide all the solutions required, from payment processing systems through to analytics software and new client acquisition tools. By incentivizing clients to come back again and again the business stand to gain in the long term, while customers also get rewarded for their loyalty. This is a very interesting ICO, because all serious businesses, small and large ones alike, need this kind of technology to attract new clients and expand their business activities.
Tokia is a very interesting ICO, promising to facilitate easier and cheaper conversions between fiat currencies and major cryptocurrencies, as well as offer many more services. These will include a Tokia debit card, a secure mobile wallet, a mobile exchange, off line cold storage facility and several financial services including even the ability to lend crypto funds to others, at an interest. The ICO is currently offering the tokens at a good discount of over 30%, and I do believe this is going to be successful. Because the demand for exchanges and fintech services in the crypto space is already massive, and is only going to be bigger in the future. There’s definitely room for this company, and I expect more and more completion in the future.
Iungo follows on the concept of subcontracting internet connectivity for mobile devices. It will make it possible for people to profit from their internet connections by sharing them with users on the move. It will offer internet connections just like AirBNB allows users to offer their properties for a profit, renting them out to clients. This ICO is live now and will run until the end of January of 2018. It’s definitely a good concept, something there’s a market for and investing during the ICO offers a good discount.
Crypterium is another big ICO in the blockchain banking system, having many years of experience. What makes it unique is that it will end up being a big bank, based on blockchain technology, allowing clients to make transactions, deposit cryptocurrencies for a profit, and even take out crypto loans. The unique thing here is that they will introduce interest, something that the major cryptocurrencies do not offer. Moreover, their payment solutions will provide fiat currency directly to the merchants, which means the technology is fully compatible with today’s old fashioned shops and online merchants.
United Traders ICO Review
United Traders is a new and exciting ICO, with new concepts and solutions to the liquidity problem that today exists in cryptocurrency trading. It will make cryptocurrency trading much better by becoming a very large online exchange. It has the tools to link with the NYSE and other top exchanges, so as to provide unmatched liquidity to cryptocurrency traders. This means better filling prices and faster execution. The ICO offers the token at big discount today, up to 30%, and is expected to bring investors and clients from more than 42 countries.
Ins.world is all about cutting out the middleman, just like the other hot ICOs, but this one specifically targets the grocery business, by offering more competitive pricing, and better yet range of products for the end consumer. It will be like ebay reinvented, but with all your grocery needs covered, and it can compete against major super market chains.
IndaHash is already long established in the advertising industry,having a massive network of influencers. It’s just now going to use blockchain technology to make their business much more efficient and less costly, which means much more profit for the company and good news for their ICO. According to experts this is going to be a really hot ICO!
NAGA is all about revolutionizing the financial trading industry, for trading classic financial products such as stocks and currencies, cryptocurrencies and even digital products. This is the main ICO that will make trading much more affordable and accessible, to some 2 billion people! They will do this by for example providing some kind of CFD contract, where a poor person in the 3rd world will be able to invest in Apple company, by buying one tenth or one hundredth of one Apple share. This wasn’t available so far, and all these small investors could not invest. They will invest small amounts, but there’s 2 billion of them! NAGA will handle the trading and clear the trades, including the purchase of actual Apple shares in our example, but an the other end, small investors will be able to gain access to the world’s financial markets without today’s procedures and delays.
These ICOs are especially hot, and their tokens can be bought even today, at a huge discount still. I think they have enormous potential as these are the pioneers, each in their field. These ICOs are capable of making today’s small investor a millionaire tomorrow.
I also expect that in 2018 there will be applications of blockchain technology in military applications too, in systems that identify aircraft as being friend or foe, and other similar systems. This will help dedicate more money into hardware as well, and the same chip technology will later be seen in all kinds of consumer devices. Such as smart phones, hardware wallets and access control devices. Today’s smart phones have enormous security gaps, because they were not made for the blockchain era. Super safe devices are yet to come, and the first ICO to cooperate with hem, will be great winners.
The Main Direction for ICO in 2018
The new startups we will see in 2018 will range from applications to land registry and legal use, to shipping and all kinds of trading activity. I do expect to see ICO specifically targeting the black market and knock off products coming from China. This will be greatly imposed by the manufacturers of genuine brand products. And because this is a massive market, worth billions of dollars, they will adapt the best ICO solutions available to them.
These startups will make a lot of money, and will see their coins reaching very high values. These are the solutions already proposed to fight the knock off market, and other illegal trading activities, as well as areas of trade fraud. In the EU for example there a lot of fraud going on today, based on VAT. Fraudsters charge VAT for goods in one country, but never pay this money to the government of the supposed country where the goods were exported from. So even in this case, the EU is willing to pay millions and millions to stop this criminal activity, through blockchain technology.
- Knock off copies of brand products
- VAT Fraud
- Black market
These are all huge markets for the criminals. Cigarette smuggling alone is a massive market, and it’s very easy for criminals to create fake tax stamps. These fake tax stamps are easy to make and mass produce today. But blockchain technology can stop this by introducing unique codes, to be printed on the stamps. And law enforcement will be able to scan these codes, and figure out with 100% certainty as to the origin of the cigarettes in question.
Counterfeiters find it easy to counterfeit all kinds of things, it’s possible for them to do as long as the numbers in the codes are easy to figure out. There’s also a lot of fraud going on with cash registers and receipts, where shops give you a receipt for good purchased, it all looks good. But they never have to pay sales tax or VAT, because the cash register itself is hacked and operates in stealth mode, usually fooling you and the tax collecting authority. And blockchain codes can stop this too, because the hackers will not be able to fool an entire blockchain.
Types of Startups for ICO
Anybody having a good original idea, and the team to support them, can launch a new ICO. The important thing is for the ICO to show great promise, so as to solve a real problem. Only ICOs that provide value, through their idea, will succeed in the marketplace. This is because competition is fierce, and even good business ideas in the crypto space are being copied every day. So effectively having a good idea is not enough, it also has to be coded properly in the underlying programming language. A good ICO needs all the following:
- A good idea, which solves a real problem
- A way to protect the idea, by having something proprietary
- A good team of programmers and IT specialists
- A good understanding of the problems of Blockchain technology
The team doesn’t have to be very large, but it has to be a good team, which includes competent people. It’s usually true that in teams where people disagree with one another, there’s great progress. Whereas if one member of the team is not allowed to raise their concerns and thoughts, then this is a bad team. I cannot think of a more critical and challenging team member than Bill Gates. He always challenged ideas and thought proposed to him, citing all kinds of what-if scenarios. Bill Gates was a very analytical person when he made decisions for Microsoft. And that’s how good ICO operate today in the crypto space. They too have analytical minds, well educated in fields of IT and mathematics.
Possible Level of Earnings for ICO in 2018
I expect that new startups, which are already planning their strategies, will start to appear in the next year, some of them at least will appear for the first time in 2018. And they will make upwards of $300 million each. While others will be less profitable, but will have more room for steady growth over more years.
The experts are carefully watching today’s digital money markets, such as Bitcoin and Ethereum, and are careful not to make mistakes in designing their blockchain products. I do believe that some of them have very innovative ideas, but they are waiting so as to take into account more critical information, before launching an ICO.
By the same token, we can say that many existing startups in the crypto space, will probably fail in the next year, as they will face tough competition from someone else who solves the same problem, in a better way.
Investment Options in ICO for 2018
There are at least 10 good coins in the market already, coins from ICO from startups such as KickIco, Neo, Cybermiles, Golem, Iota, Pascal Coin, Syscoin and others. Then there’s of course Ethereum and Litecoin which are two very good leading coins. My strategy is about investing in these two early coins, and in 10 more new coins such as the ones mentioned here. I don’t feel comfortable investing too much in Bitcoin, because it appears to me that Bitcoin is starting to lose its proprietary value. If Bitcoin is super successful, several other coins will also follow closely behind, and can be bought very cheaply today. So why bother with the more expensive Bitcoin. I pay close attention to the following:
- Market adaption
- Potential limitations and completion
- Innovation that is yet to be released
So far Bitcoin has the greatest market adaption, but it’s more because of popularity and its name, rather than anything else. There will be more completion from Ethereum and Iota in the future, and who knows if some other coin offers everything that Bitcoin offers, and it also gains exclusive rights to some provided services.
As a rule of thumb, I believe that when something gets larger and larger, it becomes too difficult to make changes. Whereas when something is small, it can make rapid changes and gain recognition and market adaption before its competitors do. That’s why I am not impressed by multibillion dollar companies and how popular something is. A smaller product can still appear, one that’s better and much more affordable. I watch market adaption very closely, and I am willing to invest in the first coin that will be adapted by supermarkets, hotels, airlines. Or in the first ICO that will seriously be adapted by EU to fight VAT fraud or cigarette smuggling. These are far greater than Bitcoin, as an investment.