Look No More: 3 ICOs to Watch in Q2 2018

Look No More:
3 ICOs to Watch in Q2 2018

The explosion in ICO projects has made choosing

which ones to participate in a very complicated task, and the competition between them extremely fierce. Back in 2015, the Lisk founders raised 14,000 bitcoin with a team of just 2 people! Doing that today seems impossible: teams are paying thousands just to get famous industry advisors, and all the noise while very little fundamental substance exists. Furthermore, it’s thought that perhaps 75% of projects offering token sales have ideas that are too convoluted to ever become tangible or real. Nor would their teams have the ability or means to implement such ideas into real-world use realistically either. To help you out in this mess, here are a few ICOs that are raising their heads above the rest, and likely to deliver spectacular gains in 2018.

GoNetwork

This project could be a total game changer. The team is tackling one of the most crucial and interesting problems in the industry: scaling the Ethereum platform. Despite not having a background in crypto, the team won the ETHWaterloo, the World’s Largest Ethereum Hackathon, a 36-hour event where participants worked alongside founders Vitalik Buterin and Joseph Lubin.

Essentially, the GoNetwork is a fast, low-cost and scalable network that connects the Ethereum blockchain to other mobile, desktop and web platforms. It will be mobile-focused and uses a technology called state channels to minimize on-chain transactions by accumulating transactions off-chain before any output is given. This solution is particularly favorable to mobile, due to architecture and programming language, where the majority of internet traffic is taking place nowadays.

Now here is the deal: on top of this solution, the developers will build a decentralized marketplace for games and digital goods. Given that the CEO, Rashid Kahn, is also the founder of one of Canada’s largest game studios, their track record in this market works in their favor. If they use their scalable, mobile Ethereum network to create some real-world adoption, the possibilities are huge! ICO is open to accredited investors only and more info can be found at GoNetwork.co.

Neon Exchange

Despite the evolution of crypto in the last few years, it is still an industry in its infancy. A key part of it becoming mature is developing fully functional, state of the art decentralized exchanges to replace the centralized, non-secure gatekeepers that exist nowadays. There are many contenders for this position, but we would like to highlight one that is keeping out of the media spotlight while developing a very interesting solution.

NEX is cryptographic trade and payment service platform built on the NEO blockchain. It will offer a technical off chain matching verification for trading and will allow more complex trading such as limit orders, something that existing DEX’s cannot do. Another interesting idea is the development of a Chrome extension that will act as a wallet and still be connected to the exchange, effectively making it a Metamask for all NEP-5 tokens.

In general, the project has extremely solid foundations: the team is chocked full of talented programmers with a track record, who have literally not even opened a Telegram account in order to stay focused on delivering. The roadmap is very comprehensive and includes every detail needed in such a grand vision, including entry points for fiat purchases of NEP-5 tokens. What is most interesting, however, is the role such a project will play in the development of the NEO Smart Economy, the amazing vision that sets NEO apart from the rest of the industry. It’s no surprise that NEO founders and core developers, Da Hongfei and Erik Zhang, both sit on the advisory board.

OptiToken

One of the most interesting projects in terms of possible ROI versus complexity is Optitoken, which has just recently come into the spotlight. It is the first ever actual hyper-deflationary currency, whose value is supported by an automated portfolio that uses professional trading techniques, AI, and machine learning. The portfolio will be bought with funds from their ICO, giving it serious value early on.

Their CEO Sean Donato is an old-school crypto trader and who was also one of the founders of BitHalo which was an early pioneer start-up in crypto and of which is a free software still active and available for smart contracting. His strategies tweaked in depth by the team are being coded into the “OptiX” which is an algorithmic swing trading engine. The project has a transparent portfolio demonstrating OptiX live on their website OptiToken.io which serves an MVP as it’s been active and also managed to outpace Bitcoin since November of 2017.

The gains made by the algorithmic trading will be used in part to buy back their own tokens on exchanges, creating constant upward price pressure and nurturing a market that has very strong buy support this is the function that seeks to massively drive the currencies value upwards continually. The rest of profits from buy cycles is reinvested to grow the initial holdings. OptiToken Interestingly also solves a common problem of new ICO’s, that can’t find any volume early on. CEO Sean Donato said, “Trading is perhaps 90% psychology and so often times people find themselves following trends after the fact as opposed to using solid fundamentals and then selling overbought and buying oversold based on traditional price fluctuations of the asset or perhaps  RSI’s.” After the buybacks, 100% of the tokens purchased are sent to a transparent and verified unspendable address and thus destroyed forever in order to create value through scarcity. This combination is very innovative in the space and should attract serious organic buys on exchanges to partake in the price action.

What is great about this project is that can be immediately profitable. The technology is relatively straightforward to build, as the team is not promising a perhaps working product for a fantastic idea in Q3 of 2019 AKA “vaporware”. Rather, the product, already in Beta, will be in alpha in a few months, trading the proceeds from the ICO, and will hit exchanges just before or after this time frame according to projection. The ICO is open to Non-US and Non-China citizens now at OptiToken.io and is filling up fast.

Article Produced By
Guest Author for NEWSBTC

https://www.newsbtc.com/2018/05/23/look-no-3-icos-watch-q2-2018/

Justin Sun Has A Tron (TRX) Airdrop For You

Justin Sun Has A Tron (TRX)
Airdrop For You

MainNet that is now 7 days and 13 hours away, Justin Sun is gifting the TRX community what he calls ‘Millions of TRX Candies’. These candies are in the form of TRX airdrops received for inviting friends to the Tron Telegram Channel. The Airdrop is currently ongoing and all you have to do is follow the link provided and enter your corresponding ETH wallet address. The announcement looks legitimate in that Justin Sun announced it himself on twitter, and the TRX team on Telegram, also confirmed his statements.

Justin had this to say via twitter:

$TRX #TRON mainnet will be launched soon, we prepared millions of #TRX candies, join us to get #TRX candies, you can also get more by inviting friends, the airdrop will be ended at 12:00 AM June, 1, if candies were given out, it will be ended in advance.

 

The Tron Telegram channel also echoed his statements:

 

$TRX #TRON mainnet will be launched soon, we prepared millions of #TRX candies, join us https://tron.network/activity/d8c1d4aa43e12e39?lang=en to get TRX candies, you can also get more by inviting friends, the airdrop will be ended on 12:00 AM June, 1, if candies were given out, it will be ended in advance.

The link to the airdrop states that you get 2 TRX the first time, and get an additional 4 TRX when you invite a friend to join the Telegram group. The Airdrop ends on the 1st of June. However, and due to regulatory issues, the airdrop is not available for participants from China, USA, New Zealand, Canada, South Korea and OFAC sanctioned countries.

TRX has also not been spared by the current market decline that has seen some of our favorite coins decrease by the double digits. TRX is hanging onto the number 9 spot on coinmarketcap.com and is currently trading at $0.0718 at the moment of writing this. The token is down 10% in 24 hours and currently has a market capitalization lead over IOTA that is equivalent to $455 Million. These two cryptocurrencies have been competing for the number 9 position for the past few weeks and constantly switching between the #9 and #10 slots.

Article Produced By
John P. Njui
A Crypto Enthusiast. Terrible dancer. Former DJ. Amateur Marathoner. Electrical Engineer. Kool kat.

https://ethereumworldnews.com/justin-sun-has-a-tron-trx-airdrop-for-you/

Move ‘Em Out: ICOs Don’t Seem So Scary Outside the US

Move 'Em Out:
ICOs Don't Seem So Scary
Outside the US

ICO issuers are starting to look to jurisdictions outside the U.S. to set up shop.

In an environment of regulatory uncertainty, where the U.S. Securities and Exchange Commission (SEC) has begun investigating ICOs and the industry surrounding the capital raising technology but has yet to make a formal decision of how it will regulate crypto tokens, issuers and other stakeholders are finding other jurisdictions a better bet for launching their projects.

And no other place during Blockchain Week was the topic hotter than at Token Summit III (the original event took place a year ago) on May 27 in New York City. Both on stage and off, startup founders, attorneys and investors had strong opinions about how far to go in an environment where enforcement agencies know how easy the market boom for the tokens makes it for malicious actors to spin up a fake company and bilk millions of dollars out of unwitting buyers.

That boom packed venues in New York City throughout Blockchain Week. "The reason there's a thousand people here, it's not blockchain technology," Jason Fang of Sora Ventures told CoinDesk, saying he's been going to blockchain events for years and it was all the same faces until the initial coin offering (ICO) boom. "The difference is money. The difference is speculation."

But not everyone felt that hype meant rushing headlong would be the right approach. For instance, Paypal's original chief operating officer and now an investor in Craft Ventures, which incubated and backed the security token platform Harbor, David Sacks spoke to how getting compliance right led cryptocurrency exchange Coinbase to be "the first really successful company in the space."

He wasn't the only one. Throughout the day, different speakers returned to the question of regulation, and from the stage it began to become clear that the rest of the world isn't nearly as complicated as the U.S. This is perhaps unsurprising – as the world's biggest economy it also has the most rules. Regulators in the U.S. would much rather err on the side of caution, even if that means curtailing some of the excitement. Laws in the U.S. are based around the Roaring '20s, which led to the Great Depression, Lowell Ness of Perkins Coie explained during a panel on regulation,

saying:

"Literally the securities law is intended to exclude the moms and pops from too risky investment."

But other parts of the world take a more open-minded, if not lax, approach and that's luring some ICO issuers overseas.

'ICO tourism'

For instance, representatives from Switzerland, Lichtenstein and Gibraltar spoke to the crowd, both assuring listeners that their nations took an extremely responsible approach without quite the aggressive fretting of U.S. rule-makers.

Speaking for his home country of Switzerland, Andreas Glarner of MME said:

"It's not our task as a regulator to tell people which way they want to lose their money."

Yet judging investments is one thing and willfully manipulating people is another. He added, "If the project is fraudulent we're going to prosecute it." Representatives from Lichtenstein argued that the small country has a large enough regulatory staff to work with companies it hosts and help them build businesses that are still within its regulatory framework. Meanwhile, representatives from Gibraltar said that its regulators have done the work to build rules from the ground up that specifically fit the new world of cryptocurrency and blockchain.

Meanwhile, attorneys in the U.S. sound frustrated, but hopeful. Several who have been working with the SEC spoke on a panel about where the country is at in terms of defining rules for the industry. "What we're doing primarily is educating the SEC on what blockchain is," Nancy Wojtas, a former SEC staffer now with Cooley LLP, said. "I think there was just a misunderstanding by them to what cryptocurrency is all about. They hear 'cryptocurrency' and they think 'fraud.'"

Ness from Perkins Coie was more hopeful, forecasting forthcoming clarity. "Now we have a position where there's going to be bright lines," he said. "Full functionality [of a platform] is a very hard bright line to draw. Full decentralization is a bit easier." Bloq's Matthew Roszak has also been working through Token Alliance, a Washington DC-based initiative of the Chamber of Digital Commerce, to guide the SEC so that they make decisions that will allow the technology to thrive in the States.

"The last thing I want to do is spend time with regulators, three-letter agencies. I want to build, invest and innovate," he said, noting that he's doing it, though, because he believes it's important. Wojtas cut through the optimism, again though, stating that entrepreneurs in the space will likely have an uphill battle for some time.

She said:

"Being involved in an investigation is like living in hell without dying."

She continued, warning founders about the price of hiring attorneys to answer questions and respond to regulator requests, "You will be spending between $100,000 and $300,000 per month." As such, Sebastian Bürgel of Switzerland's Validity Labs said of companies visiting countries trying to figure out where to domicile

(even if its staff doesn't actually work from the country):

"I see what I would call ICO tourism."

Startups' thoughts

At Token Summit III, the room was filled with about two-thirds startups and one-third investors. The startups, including those domiciled in places like Hong Kong and Singapore – attractive places after China's central bank banned crypto token sales – spoke to how they viewed the regulatory environment throughout the world.

Lea Bauer, director of operations at Centrifuge, a startup building a decentralized enterprise resource planning platform, told CoinDesk that her firm is talking to lots of lawyers in the U.S. or Europe before it decides where to land. Centrifuge envisions a token for services on the platform. And while it wants to execute a good legal plan, it won't wait for absolute certainty.

Bauer explained:

"If we wait too long, that gives us complications on the product side, whereas if we move too early that gives us trouble on the legal side."

Kain Warwick, with the Australia-based stablecoin project, Havven, told CoinDesk, "I genuinely don't believe the regulators want to impede what's happening." But he also added that risk in his home country "is far less than it is from the SEC," he said. While geographies seemed a main concern for many ICO issuers, it isn't the only kind of distance that could lower risk. Time could also serve an issuer. Founder of crypto loanmaking platform, ETHLend, Stani Kulechov, told CoinDesk that it did its sale last fall. "Back then, when we did the ICO, the regulatory uncertainty was pretty vague," he said.

However, his company is based in Switzerland, where the rules are clear enough that the company isn't concerned. Additionally, the fact that it had a working app before doing any fundraising adds to Kulechov's confidence. Just to be sure, though, "We don't accept US customers," he said. Jae Kwon of Cosmos said similar things of stage, telling the crowd he's glad the company did its token fundraiser before all the ICO hype started. "There's too much money piling in," he said. And if you bring in too much money, "they can always sue you, especially in the United States."

Leonard Frankel, CEO of ClanPlay, an existing gaming company, which is building the Good Game token, in order for gamers to earn money for playing, has a very complicated plan to get both the tax and legal structures he desires. An Israeli company, Frankel plans to actually launch his tokens out of Gibraltar but then transfer them to Israel and sell them from his home country, so that the company will pay its taxes there.

Erik Buschbaum, CMO of Rlay, a protocol to validate information, said his company is based in Berlin but domiciled in Gibraltar, which works for them by and large. Still, he said, "We have investors right now, Kryptonite1, and they advised us not to do a public sale because of regulatory risk." All this said, it's clear the ICO industry is reeling somewhat from both the unclear guidelines throughout the world and the thought that regulators could create rules that make their businesses illegal at some point. Speaking to the fear many have of U.S. regulators, MME's

Thomas Linder said:

"The U.S. needs to learn that in a globalized, decentralized economy, they are not the center of the universe anymore."

Article Produced By
Brady Dale
Brady Dale is a reporter who has previously written for Fortune, Technical.ly Brooklyn, Next City and Motherboard, among others. He grew up in Kansas and lives in Brooklyn.

https://www.coindesk.com/move-em-icos-dont-seem-scary-outside-us/

The Seven Pillars of ICO Investing

The Seven Pillars of ICO Investing

The number of initial coin offerings (ICOs) is growing rapidly,

having raised an astounding $5.6 billion in 2017 alone. More outrageous is that, by most estimates, over half of the ICOs launched in 2017 have already failed. In addition to the hundreds of ICOs being launched every month, our management company Crypto Asset Management (CAM), also receives around a dozen emails per day from new companies planning on launching crypto tokens to raise capital. CAM, through the various funds and share classes it manages, invests in less than one out of every 100 ICOs that comes across its desk.

Out of absolute necessity, we have developed an analytical framework for ICOs, which CAM applies to every such opportunity it evaluates. In this article we explain what we call The Seven Pillars Of ICO Investing™, which we've rigorously crafted over several years of investing in crypto and other assets.

Pillar #1: Team

The critical element which we are searching for is an experienced team, ideally with a strong track record in developing and launching blockchain technology. In addition, the team should have experience in the market it is targeting. A team that is not only competent, but capable of developing, completing and/or expanding the project is paramount to its success.

A couple of additional issues to consider are:

  • Does the team have a vesting token schedule that will properly incentivize it?
  • Do the advisors have the right experience and are they actively engaged?
  • Does the project have any notable financial backers? (VCs, other hedge funds, etc.)

Pillar #2: Idea

Without a compelling, realistic and timely idea for a blockchain-based enterprise, the investment will almost certainly fail.

A few of the key things we look for are:

  • Total addressable market:
    How large is the opportunity? We want as large of a market as possible (See: ethereum, filecoin).
  • Product-market fit:
    Does the business address an urgent problem? (0x, ChainLink)
  • Unique value proposition:
    What facets of the technology enable it to stand out from the competition? How much competition is there (Wax)? Ideally, the token has proprietary technology, and as little competition as possible (Orchid Protocol).

There is clearly an interrelationship between Pillars 1 and 2. However, if we had to choose between them, we would clearly rather invest in an "A" team working on a "B" idea than a "B" team working on an "A" idea. A talented group of people are the lifeblood of any business, and crypto is no different.

Pillar #3: Execution

In the cut-throat business world we live in, the only thing that matters is results. A brilliant idea and great team are nice, but execution is everything. Is there a working prototype or does your idea only exist in a nebulously written white paper? We prefer to invest in a product that already exists to some degree (Presearch, Basic Attention Token, Superbloom, FunFair), whether in the crypto space or analogously in the fiat space (Wax). Finally, we look for some sort of proof that the company will be able to hit future milestones.

Pillar #4: Legal/Regulatory

This pillar is essential given the current and growing regulatory uncertainty in the industry. Almost every week, there is news of a governmental agency in one country or another taking regulatory action or making a new statement around ICO governance. Of course, almost as often, there is news of a different country considering crypto-favorable legislation. Comprehensive regulation in many marketplaces is on the horizon and it is imperative to ensure that ICOs vigilantly navigate the landscape to the best of their abilities.

The threshold issue is jurisdiction: in what country is or will the ICO company be incorporated and the ICO executed? This determines the rules that will apply to the company's actions and the ICO. Depending on the approach taken, we may apply the somewhat arcane rules of the Howey test (in the US or if US investors are targeted or allowed to invest), KYC/AML principles (which are essentially universal) and applicable securities law.

Pillar #5: Tokenization

A significant number of the ICOs we analyze do not actually need the blockchain, tokenization or a public sale of their tokens to be successful. When this is an issue, it is usually the last – public sale – which is not necessary. (NASDAQ's settlement system is an excellent example of where tokenization is a brilliant idea but a public market would be superfluous, or even counterproductive.) Also, they are sometimes glorified apps that could be built without creating a specific token, despite how much "utility" the founders may claim their token provides.

With the enormous amount of value exchanging hands over the blockchain and the prospect of getting "free" money without giving up any equity, it's not hard to imagine why many industrious entrepreneurs try to identify any possible reason to launch an ICO. That being said, one of the crucial things that every investment we make must have is a legitimate reason for "tokenizing" their business, and for creating a public market for that token (OmiseGo, Icon, Raiden Network, Cosmos).

Pillar #6: ICO Structure

Similar to traditional venture capital investing, the financial underpinnings of the deal ultimately determine the decision to invest. The characteristics of an ICO can have important implications on the expected upside of the token.

This can be split out into two categories – ICO mechanics and ICO deal structure.

  • ICO Mechanics
    Historically, ICOs with a lower hard cap tend to outperform ICOs with massive hard caps. While it is important that the parent companies be well funded and have sufficient runway to work with, ICOs need to have a convincing plan for use of proceeds as the potential upside decreases in proportion to the amount raised. The precise metric here is valuation of the token economy – a derivation of the hard cap. Both the valuation in light of circulating tokens at launch and the valuation upon release of all tokens are factors that we consider.
  • ICO Deal Structure –
    The deal should be structured in a way so that investors are not at a disadvantageous position to the market.These are a few of our considerations:

    • Distribution: 
      The team should have a compelling structure for the distribution of tokens, fair allocation among team/advisors and investors, programs for market uptake, etc.
    • Distribution Schedule:
      Given the fast-moving pace of the crypto market, the distribution schedule should not massively favor specific parties. While long distribution periods can be considered acceptable for high-potential ICOs, individual liquidity preferences should be considered.
    • Discounts:
      Discounts are ubiquitous in the ICO environment, so examining the discount levels given to different tranches allows investors to understand where they stand in relation to other stakeholders.
    • Equity Stakes:
      At Crypto Asset Management, we like to be part of the growth of the company and investing directly into the equity of a company allows us to play a greater role in that development. In the world of token sales and short-term liquidity, people often forget that the value proposition of a company can be just as great or even greater than the token ecosystem it is developing.

Pillar #7: Price Drivers

Even if we believe a team is able to create a great product that incorporates a token with an imperative use case, this does not necessarily mean that we will want to hold the token or invest in the ICO. A token must additionally have a mechanism to drive price appreciation.

A token with constant supply without any incentive to hold, will not be subject to buying pressure which significantly outweighs selling pressure over the long run (Votes). This is underpinned by the concept of price risk, in which individuals will lean towards reducing their exposure to price volatility in favor of fiat or a form of stable currency.

A few of the price drivers we look for include:

  • Network Volume:
    In almost every instance the value of a token increases as the number of transactions on the blockchain increases (bitcoin, ethereum). This is one of the most basic, yet influential, indicators of demand, and is also the reason we invest primarily in protocols rather than dapps.
  • Market Leadership:
    We look to invest only in tokens that are clear market leaders, or have the potential to be in the near future. Usually, these tokens have a distinct and growing unique advantage over their competition (Practical VR).
  • Incentives to Hold:
    There is a clear reason why a user would rather hold than spend the token, which can be related specifically to speculated price increases or other non-monetary rewards (Presearch, PROPS). We won't invest in a token that's only purpose is a medium of exchange.
  • Supply Changes:
     This can include limiting inflation, meaning the token supply does not dilute the value of all tokens over time, or token burning, where the supply of tokens in the system decreases over time (Binance Coin, Iconomi).
  • Profit Sharing:
    Part of the value that is extracted from the system is given back to the token holders (Augur, NEO, Neon Exchange, Ethorse).
  • Staking:
    Having users of a network to lock up their tokens either for network consensus or as a requirement in certain processes. (Bee Network, Open Platform, NuCypher, Video Coin).
  • Sufficient Liquidity:
    If the project isn't proactive about getting listed on multiple exchanges, preferably top-tier exchanges, we will likely not make an investment.

Please note that, as a general rule, we are not in favor of asset-backed tokens as an investment vehicle at this time. There are no real drivers of price formation after an initial, relatively small boost for convenience (Sandcoin, OneGram) and the opportunity cost is consequently too high (there are far greater returns elsewhere). Importantly, the effect of implementing strong incentives to hold is multiplicative. Not only will the price increase be driven by the inherent tokenomics design, but also by speculation directly related to the implementation of these drivers.

Despite the incredible number of fly-by-night operations in the world of ICOs, it is certain that token generation events are here to stay. Such events are completely transforming the traditional venture capital industry and, for savvy investors, are creating fortunes literally overnight. For unsophisticated or undisciplined investors, ICOs are a minefield that should probably be avoided. However, for those who perform proper due diligence, the odds increase for realizing breathtaking returns on your investments.

This article is an abbreviated summary of our process for investing in ICOs. Here at Crypto Asset Management, we've also developed more in-depth tools, such as our innovative 64-point ICO Scorecard and a more traditional Private Equity Due Diligence Checklist.

Article Produced By
Tim Enneking, Robert Brauer & Andrew Kang

Tim Enneking is managing director at Crypto Asset Management. Robert Brauer and Andrew Kang are members of the Crypto Asset Management ICO Analysis team.

https://www.coindesk.com/seven-pillars-ico-investing/

What are “Airdrops” in Crypto World?

What are “Airdrops” in Crypto World?

Have you ever come across the term cryptocurrency airdrop

and wondered what it meant? Well, it’s nothing like the image you probably have in your head of an airplane dropping coins from the sky. In times of war, natural disaster, or other forms of crisis where the lives of people have been affected in places that are difficult to access by land, airdrops are carried out to provide essential supplies to people trapped in those zones. In the world of cryptocurrencies, airdrops have a different meaning. The cryptocurrency world has its own unique vocabulary which is expanding as the market evolves over time. In this article, cryptocurrency airdrops will be explained in detail.

Airdrop Definition

Airdrops can be defined as the process whereby a cryptocurrency enterprise distributes cryptocurrency tokens to the wallets of some users free of charge. Airdrops are usually carried out by blockchain-based startups to bootstrap their cryptocurrency projects. Also, established blockchain-based enterprises like cryptocurrency exchange platforms and wallet services can also carry out airdrops as well.

Process Mechanism

There are basically two major types of airdrops; the ones that come as a surprise and the ones that are announced beforehand. For already established blockchain-based enterprises, they may choose to go the route of the former rather than the latter. Getting to know about it might depend on how involved one is in the crypto community. These are the types of airdrops that occur and have people commenting on online forums that their wallets have been credited with coins and no one is the wiser as to where the coins came from.

For blockchain-based startups, they mostly favor the route that involves pre-airdrop announcements to get the buzz going. Since the aim is mostly to bootstrap the project, the airdrop process usually involves the completion of a number of tasks by the user in order to qualify for the airdrop. When the date of the airdrop arrives, the enterprise will release the free tokens to the users who qualify.

Reasons for Carrying Out an Airdrop

From creating hype and buzz around a new blockchain-based enterprise to rewarding loyal customers, there are a number of reasons why a cryptocurrency airdrop is carried out. The following are some of the reasons for carrying out a cryptocurrency airdrop.

As a Reward for Loyal Customers

From time to time, blockchain-based services like cryptocurrency exchange and trading platforms, wallet service providers etc. wish to give back to their customers and subscribers. Airdrops can be used as a means of rewarding loyal customers with free cryptocurrency tokens. This serves as an incentive that can assure continued patronage on such platforms. This type of airdrop mirrors the voucher and discount giveaways of non-blockchain companies in the mainstream commercial world.

In 2017, the cryptocurrency exchange platform, Binance, carried out an airdrop of 500 TRX cryptocurrency to account holders on the platform. The airdrop lasted from the end of October 2017 to the middle of November 2017. In order to qualify for the airdrop an account holder needed to have at least 0.003 BTC in addition to having completed at least one transaction on the account. Binance account holders who had the equivalent of 0.003 BTC in other cryptocurrencies were also eligible for the airdrop as long as they fulfilled the transaction requirement.

To Generate Lead Database

Marketing is all about leads. Organizations tend to pay a lot of attention to generating appropriate leads that will drive their marketing campaigns and increase patronage. Airdrops can be used by blockchain-based enterprises to generate valuable lead databases for their organizations. In exchange for free cryptocurrency tokens, users will be asked to complete online forms that contain valuable user information which can be used to develop targeted marketing strategies. This application of airdrops to generating lead databases can even be utilized by none-blockchain enterprises.

To Create Awareness About a New Cryptocurrency

With the sheer size of the cryptocurrency market, a new cryptocurrency can go completely unnoticed if it isn’t given the right boost in terms of substantial marketing campaigns. Just like every other aspect of the digital world, hype and buzz play an important role in the cryptocurrency ecosystem. With many cryptocurrency enthusiasts looking for new cryptocurrency options, an airdrop is a great way to get people interested in a cryptocurrency.

The marketing campaigns on social media for an airdrop can lead to increased attention being paid to a new cryptocurrency. Word of mouth advertising and other forms of organic engagements brought about by an impending cryptocurrency airdrop can lead to increased user participation in the cryptocurrency. This can help to bootstrap a new cryptocurrency as seen in the case of Bitcoin Cash. After the Bitcoin fork that led to the creation of the Bitcoin Cash, the developers of Bitcoin Cash carried out an airdrop rewarding all of its users. For every bitcoin held by a Bitcoin Cash participant, the developers gave a corresponding amount of Bitcoin Cash. The end result was that in less than one month, Bitcoin Cash was among one of the top 10 cryptocurrencies in the market.

How to Get Involved in Airdrops

Getting involved in airdrops requires access to information and the ownership of a cryptocurrency wallet to receive the free coins. The first step is to sign up for online services that provide timely information about cryptocurrency airdrops. These include websites, Twitter accounts, Telegram groups, as well as online cryptocurrency airdrop forums. Some examples of such online services include Airdropaddict and Icodrops. These services provide vital information that will help users stay informed about upcoming cryptocurrency airdrops. They also provide information on the qualifying criteria for participating in the airdrops.FundYourselfNow also has an ongoing Airdrop Program.

Getting a cryptocurrency wallet is an essential part of being in the cryptocurrency market and that applies for airdrops as well. It is a good idea to get an ERC20 compatible multicurrency wallet since the majority of the cryptocurrency tokens in the market are ERC20 tokens. When participating in airdrops, it is important to be security conscious so as to not fall a victim of fraudulent airdrop campaigns. Some airdrops are designed to hack wallets and steal private keys. Always confirm the authenticity of a cryptocurrency airdrop campaign before participating in it.

Article Produced By
The Mission

https://medium.com/the-mission/what-are-airdrops-in-crypto-world-a345725c75e0

What Needs to Be Done With the Elephant in the ICO Room?

What Needs to Be Done With the Elephant in the ICO Room?

There is an elephant in the room

and that room is the current ICO market. The elephant is the unignorable fact that the majority of ICOs offer no protection to their token buyers who consider themselves as investors.
These buyers are not investors.

Here’s why.

In 2017, initial coin offerings, or ICOs, emerged into the big time. Over the course of the year, startups conducting an ICO as a way of raising startup capital raised over $6.5 billion. Since then, many ICOs have issued utility tokens under the guise of security tokens, and they have raised millions of dollars by promising their holders huge returns and part of their income. In reality, they may not able to deliver on these promises.

The difference between a utility token and a security token was explained by Laimonas Noreika, the CEO of DESICO, the world’s first fully legal security token platform: “if Google were to have launched an ICO to raise capital by selling utility tokens, then Google utility token holders would now receive free Google ads in exchange for their tokens. Were Google to have issued security tokens, then Google security token holders would now be eligible to revenue share of the company.”

A security token is an investment and a financial product. It is a token that gives its holder ownership of a real asset, which can range from tokenized commodities and tokenized real estate, to tokenized funds. Meanwhile, a utility token simply provides access to a platform or product, and unlike a security token, it is not an investment and does not provide its holder with any rights.

Due to the different characteristics of security tokens and utility tokens, plus the lack of legal regulation, this has led to the ICO industry being shrouded in mystery. In mid-2017, this perception surrounding the credibility of ICOs led to the U.S. Securities and Exchange Commission, the SEC, cracking down on security ICOs and making them “subject to the requirements of the federal securities law.”

“The ICO industry is in desperate need for the correct legal frameworks and infrastructure to issue security tokens,” Noreika continued. “This is because finance experts predict that 2018 will be the year when security tokens begin to outstrip utility tokens, since more capital is expected to flow into the security crypto asset class. By the first quarter of 2019, it is estimated that ICOs issuing security tokens will outnumber those issuing utility tokens.” Empowered by the belief that security tokens are the future of a global tokenized economy, the DESICO team will introduce the world’s first fully legally compliant, and therefore game-changing, infrastructure to issue and trade security tokens.

DESICO’s full legal compliance is rooted in its country of operation. DESICO has chosen to operate from Lithuania, a Eurozone member and European Union member state. Lithuania holds a significant legal advantage due to its crowdfunding law, which makes it one of the few countries in the world, and the only EU country, to fully legally regulate ICOs. According to a recent report by Tokendata, Lithuania ranks third in the world behind the only the United States and China in terms of capital raised through ICOs in 2018. Furthermore, 2018 has seen startups from Lithuania successfully raise $249 million so far.

DESICO is a concrete example of Lithuania’s open attitude towards globally-operating blockchain companies. It has received support from the government backed business development agency, Enterprise Lithuania, as well as the country’s Ministry of Finance, with finance minister, Mr. Vilius Šapoka, praising DESICO for its encouragement in developing “Lithuania’s fintech and blockchain communities by promoting the settlement of global blockchain and fintech businesses in Lithuania.”

With its infrastructure to issue, buy, and sell security tokens in full compliance with the law, its internationally-experienced team of advisors and employees, plus its backing from the government of an EU member state, DESICO will not just eliminate the elephant in the room of ICOs. It will set new standards for the global ICO industry. Welcome to DESICO. Welcome to the world of security tokens.

Article Produced By

https://www.newsbtc.com/2018/05/18/what-needs-to-be-done-with-the-elephant-in-the-ico-room/

What is airdrop coin? Don’t miss a single coin airdrop!

What is airdrop coin? Don’t miss a single coin airdrop!

What is a crypto airdrop? What is airdrop coin?

First of all, let’s focus on the airdrop cryptocurrency meaning. What does airdrop mean? Maybe you’re a newbie in the crypto world. And it’s better to know what you’re dealing with… So, a crypto airdrop, coin airdrop or cryptocurrency airdrop, is a limited time event created by coin projects to promote their crypto-currencies. How? By distributing tokens or coins to early adopters, for free. In other terms, projects airdrop coin. While there aren’t many requirements to get free airdrop coins 2018, you may have to work a little (create a post, like a page etc.). Or even to share some personal information (share your Facebook profile or give access to your contact list).

Also you may need to be active in the crypto-community. Indeed, some crypto-airdrops are restricted and noobs can’t get in… In addition, you may require some coins from a specified blockchain in your wallet. Most likely bitcoin or ethereum, because they’re the most popular out there. But a free coin airdrop can be done on any blockchain. And this brings me to the best part: You can receive free coins anytime, without even knowing about it! Indeed, some platforms give away tokens to people holding some of their coins, just like that. Therefore, I’d recommend you to hold a little bit of the most popular coins in your portfolio. And enjoy as many freebies as possible! Also, don’t worry too much about the requirements now. Because I’m not only offering an airdrop tracker, with a list of airdrops. But I’ll also explain how to get free tokens for all upcoming airdrops!

Why do people give away free coins via airdrop cryptocurrency?

Now you know what is airdrop coin. But why would projects give away free cryptocurrency? A coinairdrop is a win-win situation: On one hand, you get free tokens which could worth something in the future. And on the other hand, blockchain projects raise awareness for their crypto-projects. Because it’s free advertising for them, giving away tokens that are worth next to nothing. And that way, they’re able to create a community around their coin. Indeed, if you give someone a coin, he or she’ll likely get involved, to get some money out of it.

Also, giving away some tokens cause the new currency to appreciate. Because if you have a token, you’re inclined to give it more value than if you hadn’t heard of it. Furthermore, it’s a mean to create a customer database for a cheap price. And I don’t need to remind you the saying: If you’re not paying for it, you’re the product! Because these projects collect all the data they can in exchange of a few worthless tokens…

Finally, it seems there’s a new trend of digital currencies which don’t require mining coins. And this is an interesting concept, when we see how much energy and computer power is needed to mine bitcoins. So users don’t mine coins, they generate them during a Token Generation Event (TGE). And sometimes projects distribute all their tokens during a crypto airdrop campaign!

Coin airdrop: How does an airdrop cryptocurrency work?

Coin-airdrops are a brand new method to distribute free tokens in the cryptocurrency community. As a result, there isn’t any standard set of rules yet. And each blockchain team can request whatever they want from their backers. But always beware of scammers! Legit coin airdrops will never require you to share your private keys. And if you find one that does, please report it to the community. Because unscrupulous people are definitely behind it. While I’ll give you as much details as possible for each coin airdrop, you may have to get in touch with the developer directly.

If you need specific coins during a cryptocurrency airdrop, the dev team will make a photo of the corresponding blockchain. And only the people holding the crypto-currency in their wallet at that time will be able to get the free tokens. While you may get the tokens automatically, you may also be requested to claim airdrop tokens on the project’s website. If the free coin airdrop is linked to a social media network, you’ll have to share or retweet a post with a link of the project. And you may need a certain amount of followers to be eligible… Also, some teams request an access to your contact details and list of friends!

I received airdropped coins: What next?

You’re all excited because you got some free coins. But what now? Are you a millionaire yet? Not really… And after a coin airdrop, there’s nothing much to do. Because nobody has heard of the new crypto-currency… And it’s not even available in any exchange, yet. While you can exchange coins with other early adopters, your solutions are too limited. And despite the value the project announces, it’s really worth nothing.

But don’t despair yet. Because it becomes interesting when the new crypto arrives in the exchanges. And that’s when you know the real price of what you received. However, most backers usually want to sell their coins, to get “real” money. So the price may not be up to your expectations… Anyway, you don’t have to sell your free crypto coins, you can hold them for a later use.

How to keep your new free coins safe?

First of all, you need a wallet, to be able to receive, hold and send the newly minted crypto. While you can find many web-based wallets, a.k.a. hot wallets, I recommend you to use a hardware wallet. Trezor is the original and most secure cold wallet. And it’s compatible with most airdrop free tokens! And you must keep secret your private keys to your coins & tokens. Otherwise they’re not yours. Period. While you can share your crypto address, you must never share your private key! If you do, you can say goodbye to your coins. Finally, remember that this is your best airdrop alert website! So don’t forget to register to my newsletter, or to subscribe to my Telegram channel, my Facebook page or my Twitter account. And you won’t miss a single airdrop crypto!

Article Produced By
CoinAirdrops.com

https://coinairdrops.com/

Kenya’s Regulators Propose Special Unit For ‘Handling Issues’ on ICOs, Cryptocurrency

Kenya’s Regulators Propose Special Unit For ‘Handling Issues’ on ICOs, Cryptocurrency

The Capital Markets Authority (CMA) in Nairobi, Kenya,

has proposed the creation of a special unit to handle cryptocurrency related issues. The unit would include all relevant regulators such as itself and Central Bank of Kenya (CBK), according to Standard Digital. The proposal is included in the Capital Market Soundness Report, “Staying the course in a Turbulent World of Increasing Protectionism,” released Friday by CMA Chief Executive Paul Muthaura.

“There is need for regulators to devise a common approach towards handling issues revolving around cryptocurrencies and Initial Coin Offerings (ICOs),” the report states. “A joint workgroup by financial sector regulators could be put in place to tackle issues around cryptocurrencies and ICOs.”

ICOs Banned

The CMO issued a notice in February warning investors against participating in ICOs, noting it has not approved any such offerings. The regulator said all such offerings are unregulated and speculative investments with significant risk exposure. CBK has taken a similar position, warning the public against bitcoin, which has experienced wide value fluctuations. Bitcoin traded at about $17,000 (Sh1.7 million) early this year before falling to $6,926 (Sh700,000) at the end of March.

“This volatility in price fluctuation remains a concern even as regulators seek to strike a balance between managing the risks that accompany innovations and avoiding being an impediment to market-led innovation,” CMA noted Regulators must communicate their willingness to accommodate fintechs to remove the perception that regulators do not appreciate new innovation, the authority noted.

Open To Blockchain

Sheila M’Mbijjewe, CBK deputy governor, noted earlier this month at the Euromoney East Africa Conference that new technologies like blockchain should be embraced cautiously. She said regulating fintechs should be balanced against encouraging innovation so that the technology’s growth does not bring an erosion of public confidence. “We (CBK) are not the innovators so we cannot move ahead,” M’Mbijjewe said. “If we move behind the market, we will have a problem. Essentially, we have to move alongside innovations.”

CBK) Governor, Patrick Njoroge also told legislators earlier this month that he had warned all banks warning on the dangers of virtual currencies. In addressing the National Assembly Committee on Finance at Parliament Buildings, he warned banks against dealing in virtual currencies. In December 2015, CBK issued a notice warning the public against virtual currencies.

This Article Produced By
News
https://www.ccn.com/kenya-regulators-seek-special-unit-for-cryptocurrency/

WTF is an Airdrop? A Detailed Guide to Free Cryptocurrency

WTF is an Airdrop? A Detailed Guide to Free Cryptocurrency

Money can’t appear out of no where… But cryptocurrency can.

Polymath did an airdrop (free coins) worth $300

In December 2017, I signed up to learn more about a coin called Polymath. As I learned more about it, my interest peaked and I wanted to learn how to get my hands on some of the coins. Turns out, the coins weren’t available yet; in fact, the team wasn’t even doing an ICO. Instead, they were conducting an airdrop. I signed up for it, and didn’t have to pay a penny (only enter some identifying information to comply with KYC regulation). A month later, 250 POLY showed up in my Ethereum Wallet. As of the time of writing, that’s worth around $300.

What is an Airdrop?

The simple answer: it’s literally just free coins just waiting for you. The method behind the madness, though, is a decision regarding marketing strategy. As a way to spread awareness to the relevant audience of potential investors and eventual enthusiasts, coin teams will, from time-to-time, do airdrops.

A Brief History of Airdrops

Coins have been doing this for a while — pretty much since the first Ethereum ICO. If you check your wallet on Etherscan (which I totally recommend doing — never open your wallet with a private key just to check your balance, it’s riskier than necessary), you’ll know there’s a row up top named Token Tracker. If you see it, then there are also tokens in your account; if you don’t, then you don’t have any tokens or airdrops — yet.

Some of you ETH wallet holders that have had wallets with balances for a while now might’ve noticed this — one day you just see an extra random token in your Token Tracker. No, someone didn’t randomly deposit some obscure token into your wallet address on accident; instead, the coin’s team decided to send a small amount to a population of Ethereum wallets in order to spread the word.

After getting the token, one of the first things you might’ve done is Google what the coin is. Or you might’ve taken it a step further — asked someone else if they knew what the token was. Also, you could just choose to ignore it. Of course, in the last scenario, the airdrop failed its intention. But scenario 1 means that you have now learned about the coin, and scenario 2 is even better — you’ve just told your friends about the coin, too. In both of those scenarios, the airdrop did its job for a small price (well, potentially a larger price if it moons).

Eventually, airdrops became a method beyond marketing. As a method to pump coin value, coins would announce airdrops where coin holders would receive bonus coins proportional to the amount of total coins they hold. Coin investors that wanted to get the airdrop would have to buy the coins if they didn’t have any yet, or buy more if they wanted a larger proportion of the airdrop. That being said, I want to emphasize that this airdrop strategy won’t be examined further in this article, since my article is focused on how you can get coins for free, not on how you can get coins by buying coins.

Recently, with Facebook’s new advertising policy explicitly stating bans for ICOs, many ICOs have turned to airdrops as an alternative method for pay-per-click advertising. With many ICOs being consumer-focused products, they focus on one metric: viral growth through the network effect. In layman’s terms, they want to spread the word to you and hope that you spread the word to your minions, too. They address this by using a strong referral system method.

Participating in Free Airdrops

The Tools You’ll Most Likely Need

Here’s what you need to catch airdrops like a stud

  1. An Ethereum Wallet:
    not one that is on an exchange. It has to be a personal address that is ERC20 compatible because most of the tokens that are airdropped are ERC20 tokens, which are or were originally Ethereum-based ICOs. I suggest using MetaMask or MyEtherWallet to get started immediately, but in the long-term I always recommend getting a hardware wallet like the Ledger Nano S.
  2. The Ethereum Wallet Must be ACTIVE.
    By active, I mean that you have to show at least some human use of it. Lots of airdrops have checks in place to make sure that you aren’t just randomly generating a bunch of addresses and signing them all up to unfairly obtain more coins. This means that if your wallet doesn’t show activity, it might not receive the airdrop. Sometimes, coins will be explicit in what they look for, including some type of balance in the account.
  3. A Telegram Account (https://telegram.org/):
    I’m sure there are amazing reasons why Telegram is the chatting tool of choice for many of these ICOs. The coins want to boost the audience count. Usually, these airdrop coins will also require you to sign up for their Telegram accounts. Until you receive the coin in your Ethereum wallet, do not leave the Telegram accounts or you risk disqualification for the airdrop.
  4. A Twitter Account (https://twitter.com/):
    Similar to the reasons behind the Telegram account, many of the airdrop coins will also require you to follow them on Twitter. Some of them will even ask you to retweet some tweet.
  5. An email address.
    sometimes airdrops will ask for your email, too. If you don’t feel comfortable with giving them your real email, just create a spam one. Remember the password, though; some of them actually ask you to confirm your email.

Obtaining and Withdrawing Tokens

Usually, it takes about 1–2 months after the end of the airdrop before you receive your tokens. This is primarily due to the fact that many airdrops occur before or during token sales, in conjunction to spread awareness. And tokens are not distributable until the end of a token sale anyway (I’ll write a separate piece on Token Sales, or ICOs). To check your wallet info and see if the token has appeared in your wallet yet, just go to Etherscan (https://www.etherscan.io). Type in your ETH address into the search box.

Circled in Red is the area you want to look. If the token is available in your wallet already, it will show up in the token tracker dropdown. If you don’t have a token tracker appear on your result, then you don’t have any tokens in your wallet yet, and it also means you didn’t receive it. Once you actually obtain the tokens, you can withdraw them directly through a services like My Ether Wallet (MEW). All you have to do is access your wallet (through MetaMask, Ledger Nano, or some other way — direct private key pasting is not recommended) and select the token you want to withdraw.

Don’t Get Scammed

With all the promises of free coins out there, it’s easy to lose track of everything and just start a clicking frenzy. Here are some tips to avoid getting scammed:

  1. Never send any private keys.
    No one needs to have your private key in order to be able to check you wallet balance. They can do so very easily with tools like Etherscan.
  2. Don’t send any money to any addresses.
    Remember this — airdrops are free. Whether it requires you to be holding a certain coin, or if it’ll just appear in your wallet, an airdrop will never ask you to send any amount of some coin to some type of address. If they ask for this, steer away immediately.
  3. Check official sources.
    If a coin is actually doing an airdrop, it is likely they’ll have announced it on their official social media accounts, such as Twitter. Check there to make sure that the airdrop is official; otherwise, you might be subject to a scam with scammers trying to collect your data.

This is an example of a scam airdrop. The first red flag is the fact that the Twitter account is asking you for an amount. But these scammers have become pretty sophisticated. If you check the comments, you’ll see there are 8 responses to this. 7 of them are from fake Twitter accounts pretending to have participated and being “super stoked” about receiving their coins. The other one is from me, tweeting that it’s a scam to try to warn people.

If you look at the Twitter account, you might see that it has 3,000 followers (or maybe even more) but the tweet history is less than 24 hours long. Does that make sense? A coin that just supposedly raised 8m euros has only tweeted for 24 hours? If the story seems fishy, there is a disgusting, rotting corpse somewhere. Don’t believe it.

The image is a terrible Photoshop job with font that doesn’t match the rest of the announcement. This scam is a metropolis of red flags. A simple Reverse Google Image Search shows that the logo actually belongs to Thrive. As a best practice, always look for reasons why an Airdrop would be a scam. With that mindset, you are more likely to be able to sniff out the rotting fish from the sushi.

Resources to Help You Find Airdrops

There are many communities and newsletters available to help you with identifying airdrops as they come along. I definitely recommend signing up for them (they’re free), rather than trying to look for them yourself. That’s because there are many scammers out there, and they make themselves very present and legitimate-seeming. These resources that you subscribe to have (hopefully) already screened the airdrops.

Let Cosmic Trading help you find those awesome Airdrops. If you’re looking for one to join right now, take a look at Cosmic Trading. Members post airdrops in that channel that they’ve already verified are legitimate. Furthermore, the community is just a huge group of cryptocurrency traders and enthusiasts with experience levels ranging from years of trading and HODLing to people who just started yesterday.

Article Produced By

Kenny Li

Blockchain and Fintech Enthusiast. Entrepreneur. MIT Sloan Class of 2020.

https://hackernoon.com/wtf-is-an-airdrop-a-detailed-guide-to-free-cryptocurrency-e70e8777dd83

These 3 ICOs Have Huge Potential in 2018

These 3 ICOs Have Huge Potential in 2018

Looking to put your money to work for you with some promising investments into Initial Coin Offerings? Here are three ICOs launching in 2018 that could help you do just that.

Origin

Origin

The first Initial Coin Offering you will want to pay close attention to is Origin.

Origin is a protocol which utilizes the Ethereum blockchain and IPFS for the creation of sharing-economy marketplaces. In essence, it affords both developers and businesses the ability to construct decentralized marketplaces on the blockchain, while making it simple to both create and manage listings for the fractional usage of services and assets.

Origin lets buyers and sellers find each other with ease, while also allowing for the browsing of listings and making of bookings. Both buyers and sellers may also leave ratings and reviews — but that’s just the start. Teams all over the world have already begun to build on the project’s protocols, but if you’re looking to conduct business on the decentralized web, this is one ICO you won’t want to miss out on.

Orchid

Orchid

Orchid is a market based, fully decentralized, and anonymous peer-to-peer system

based on “bandwidth mining” which to address the lack of relay and exit nodes currently plaguing the I2P and Tor space by directly incentivizing participants. As described in the project’s whitepaper, Orchid aims to construct “a blockchain-based stochastic payment mechanism with transaction costs on the order of a packet, a commodity specification for the sale of bandwidth, a method for distributed inductive proofs in peer-to-peer systems which make Eclipse attacks arbitrarily difficult, an efficient security-hardened auction mechanism suited for the sale of bandwidth in circumstances where an attacker may alter their bid as part of an attack, and a fully distributed anonymous bandwidth market.”

In layman’s terms, Orchid aims to make the Internet an open platform once more, on which human beings are free to learn and communicate in an unmonitored, uncontrolled, and uncensored environment. The project’s goal is to construct “a new civil contract around a distributed marketplace for computation, storage, and bandwidth to provide the framework for a new form of digital citizenship.” If that sounds appealing to you, don’t miss out on Orchid’s ICO.

OptiToken

OptiToken

The last – and perhaps most promising – ICO to watch in 2018 is from OptiToken.

OptiToken is the first ever algorithmically traded hyper-deflationary cryptocurrency which distributes value through an automated tokenized portfolio. The project works thanks to a cleverly-curated and strategically diversified portfolio of cryptocurrencies available through a single token – the OptiToken – which will be traded on many major exchanges.

The OptiToken provides exposure to a unique algorithm labeled “OptiX” which has consistently and transparently outpaced Bitcoin trading on a daily, and weekly basis since November 2017. The algorithm, which is now available on the projects GitHub, has been developed by highly-experienced traders and allows for the progressive integration of machine learning — meaning upward price pressure is going to be extreme and constant.

Importantly also, a portion of the profits generated by the company are used to purchase OptiTokens each and every buy cycle, which provides a steady upward price pressure while ensuring value for adopters and investors. Furthermore, 100% of those tokens purchased by the company are sent to an unspendable address — easily verifiable and transparent — to create a hyperdeflationary effect. In effect, OptiToken is the first ever actual hyperdeflationary money. You’d be hard-pressed to find a more exciting ICO in 2018 than that offered by OptiToken.

Article Produced By

Bitcoinist.net

http://bitcoinist.com/3-icos-huge-potential-2018/

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