ICO or Initial Coin Offering has now become a collective term for investors. It is a method of raising funds for new projects that are mostly based on blockchain. The main difference between ICO and IPO is that investors receive token against the investment made by them.
The primary function of an ICO is to sell crypto coins to raise funds for blockchain based start-ups. The process includes releasing a whitepaper, promoting the ICO, managing the sale and launching a website. Once the ICO is over, the initial development of the project begins. When planning to invest money in an ICO it is important to make sure to find the right one. To help out, we have listed 5 of the best ICOs in 2019. Take a look at the list given below.
- BlockEstate (BEAT)
It is a real-estate project based on blockchain technology. The main aim of the project is to provide a chance for investors to invest in the US real estate market. The fundraising structure has been clubbed with the blockchain technology. It is done to provide a reliable and secure investment option to the investors. The company is known to sell BEAT in its ICO sale. More information about this is on The Crypto Software.
- Volentix (VTX)
Volentix is an exchange and digital asset management company based on the blockchain technology. One of the main features of the platform is that it has been integrated with a multi-currency cross-blockchain wallet. It allows P2P trading of all types of digital assets.
The company aims to simplify the way cryptocurrency users manage or handle their digital assets. However, the cryptocurrency system of the company is considered to be too complicated by the majority of the investors. The good thing about the company is that the app comes with a very user-friendly interface. With the help of the app, users can trade and store cryptocurrencies easily.
The next on the list is Viaz which is a funding platform based on decentralized blockchain technology. The main objective of the project is to connect new projects and start-ups with investors. One of the main advantages of using this platform is that it serves as a bridge between cryptocurrency and fiat currency. It allows the investors to invest money in fiat and as well as digital currency formats.
The platform also makes use of a P2P connection between the investors and borrowers. It eliminates the need for any middleman. It, as a result, proves to be beneficial for both the investor and the investor.
It is a hybrid crypto coin that has been specially developed for the sports industry. The main reason behind the development of the coin is to ease up the process of managing and storing data and information. The token is based on ERC20. It is also integrated with ERC-721 like traits. It allows each crypto coin to store team-specific details. The crypto coins are distributed among the sports lovers so that they can look for all the information related to the leagues and teams in the match.
- Airtoto Token (ATT)
It happens to be one of the best ICO projects out there. The project is both, and an authenticate one. That’s because the government itself supports the project. This blockchain based lottery platform is known to offer a transparent and secure way of playing lotteries. It is the first ever lottery platform based on blockchain that has been accepted by the countries and also supported by the government.
So these are the ICOs that are worth investing in 2019. Make sure to research before investing.