There’s a lot of scammy ICOs out there pushing an unrealizable dream, fueled by speculation rather than an actual product or recognized market need. As such, the ICO market has become oversaturated and treacherous, especially for novice investors.
In fact, I’m pretty sure even my grandma was talking about launching her own ICO, KnittingCoin (NanaCoin was already taken).
But, in all seriousness, investing in ICOs should be approached with caution and thorough research under your belt, and the acceptance that you could potentially lose your entire investment. Don’t gamble with money you aren’t willing to lose.
Once you have reconciled yourself to such risks, here is a list of 4 ICOs that have strong teams and transparent roadmaps. They’re addressing actual market needs and deficiencies, and are well worth keeping your eye on in March 2018.
“Know Your Customer (KYC)” is a term increasing in popularity by the day due to pervasive money laundering and other illicit activities in the cryptosphere and digital world. Unfortunately, a KYC regulatory ideal is not achieved by flattery, as the current framework is substantially lacking in affordability, efficiency, and transparency, and ICO scams and crypto fraud continue to run rampant.
Cue KYC Legal, a decentralized ID-verification service based on the blockchain, providing:
For customers:
For service providers:
The current KYC/AML verification system is fragmented, inefficient, and in dire need of an overhaul, with average verification costs spanning 2+ days and running service providers charging anywhere from $10 to $1500 per KYC. Additionally, KYC estimates 100,00+ blockchain users pass through KYC verification per day, averaging a processing time of up to 6 weeks.
As the world increasingly digitizes industries and service providers, reliable ID verification and data protection procedures need to adapt (the identity and access management market will be worth an estimated $14.82 billion market by 2021). KYC strives to ease the difficulties of an arduous digital identification process, and, should they succeed, could “make life easier for millions of users and businesses.”
Visit the KYC website to dive into their whitepaper and participate in their token sale which will run until March 23, 2018.
Although IPChain’s official ICO isn’t until Q2 2018 (fast approaching), their token presale begins on March 24, with 7.5% of base tokens reserved.
IPChain is a searchable blockchain database for intellectual property, offering proof of authorship through digital blockchain publication. Other services they offer include:
Through strict adherence to WIPO’s standards, recommendations, and guidelines, all via a decentralized and immutable digital ledger, IPChain is a trustworthy and transparent IP management source of author and innovator rights.
IPChain strives to fill a much-needed gap in private, academic, and corporate sectors, where ill-defined intellectual property attribution and ownership frequently results in lost value for inventors and owners, and eroded competitive consumption due to bottom-up appropriation.
Additionally, IPChain has already secured partnerships with:
Empowering the average “saver” to prepare for the inevitable – old age – Auctus is a blockchain-based retirement plan platform that helps users create optimized portfolios of stocks, bonds, and cryptocurrencies. Auctus puts retirement savers “back in control of their retirement plan” by providing a decentralized, smart contract-powered fee structure on top of a transparent, trusted marketplace and platform.
Most notably, Auctus’ decentralized and transparent platform tackles several problems plaguing the retirement plan industry, including:
Although retirement planning isn’t as alluring as some other upcoming industries, such as AI and cloud computing, it’s a colossal market with “global institutional pension fund assets in 22 major markets” estimated at $36.4 trillion at the end of 2016.
Numerous financial institutions have already expressed interest and enthusiasm in adopting blockchain technology to efficiently keep records, share documents, execute contracts, and settle transactions.
For example, Fortune 500 company Prudential Financial’s vice president, Roshina Nandra, stated:
We’re very excited about the potential blockchain has for us as a record-keeping system. It’s definitely a more secure record-keeping system than we already have in the industry.
The Auctus ICO goes live on March 27, so there’s still plenty of time to read their white paper and acquaint yourself with the project.
With their token sale ending on March 23, it’s still not too late to read up on CoinMetro and support the project. Boasting a user-friendly interface for novice and seasoned investors, Hong Kong-based CoinMetro is an “all-in-one” tokenized financial ecosystem and trading platform that supports heightened mobility between blockchain-based digital assets and traditional financial markets.
CoinMetro combines three core components of the present crypto market:
At first glance, CoinMetro may appear similar to exchanges like Bitfinex, Kucoin, Coinbase/GDAX, Kraken, and Binance. However, where they differ is in their appeal to both the seasoned and novice investor, integrating digital assets and traditional markets, and fiat and cryptocurrencies.
CoinMetro also includes:
Additionally, CoinMetro CEO Kevin Murcko is no stranger to running a smooth trading operation, with already established Forex broker, FXPig – known for transparency and highly-regarded customer service – under his belt. CoinMetro has also brought on a “heavyweight” advisory team, consisting of a former director of cybersecurity at McAfee and StoneSoft, a Google digital transformation and marketing strategist, and a financial crimes and AML expert from IBM.
At the time of writing, CoinMetro has already raised over $4 million in their token sale, which began back in late February. As mentioned above, their ICO will run until March 21, 2018.
To learn more and participate in CoinMetro’s token sale, visit their website.
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