A start-up can start small, growing at its own rate. This it can do, or it can look outside for support at its early stages, giving it a quick cash flow but at the extent of giving away part of its ownership to investors. It can also generate funds from investors through the use of Initial Public Offering (IPOs). ICOs (Initial Coil Offering) are somewhat an equivalent of IPOs, it acts as fundraiser and it has, over the years become a standard method that start-ups and enthusiasts of cryptocurrencies use in raising funds. A company, looking forward to simply create a new coin, a service, or an application launches an ICO. Which is where you as an investor comes in, these ICOs that come at a little or no price at all are offered to you, you invest in them and if you are lucky, the coin will increase in value.
Actually, it borders more on intensive studies and most times, guts, more that luck. So knowing a particular ICO product that will yield much returns takes expertise knowledge. 2018 saw so many ICOs project come to being, 2019 promises even more projects. More reasons why you have to carefully select the ICO projects you have to lock your eyes on. I have quite a few but below are my top five ICOs projects to look forward to in 2019.
Angenium is a company that in their claims saves our environment from pollution. This they do with the use of technological approaches that recycles waste into products which are pretty valuable in the market. Angenium is a unique company because the technology at their disposal, on which the recycling of waste is carried out is not in the market, and it definitely has no substitute. The token of this ICO is ANG, starting at a price of 1 ANG = 1 USD. The ICO platform for this ICO is Etherum.
ICO Timeline: 14th January – 15th March, 2019
Known to be the first fully integrated block-chain based payment gateway in the middle east and recently, Africa. It is more or less designed to suit the Islamic society has the company have continued to stress how compatible their payment terminals are in compliant with Islamic rules in the middle east. Some of these rules are what makes it stand out in my opinion; the first of it is that interest is not allowed. The token for this ICO is MPAY, valued at 1 MPAY = 0.165 USD. The ICO is offered through the Etherum platform and it is currently operating in the UAE.
ICO Timeline: 15th January – 15th March, 2019
It is a blockchain utility company, geared towards the adoption of the tracking of blockchain to the global market. Endchains provides corporations the ability to extract generic barcode alongside blockchain QR code with the help of their patent-pending QR and barcode combination. The token for this ICO is ENCN, valued at 1 ENCN = 0.24 USD.
ICO Timeline: 1st February – 30th April, 2019
Namacoins is aimed at becoming a token for supporting developments in third world countries through the use of Namastree devices, with the help of data scientists. Namastree devices are powered with the use of photovoltaic cells (PVC). These photovoltaic cells are placed on the devices just like the crown of trees. The devices have market values, as they can be used to power various systems that are service oriented. The token is NAM, valued at 1 NAM = 0.5 USD. The coins that are accepted are ETH and BTC, using the Etherum framework.
Geon is a crypto network that enables the transfer of values between individuals. The geon network however is unique in the sense that the receiver of the transfer does not have to be on a blockchain network. Instead, he simply provides proof of location to validate the transaction. The token is GEON, valued at 1 GEON = 0.1 USD. It is can be purchased using BTC, ETH and Flat. One down side of this ICO is that it is restricted to some particular areas.
ICO Timeline : 31st January – 3`st March, 2019