Skip to main content

What's to Know About an ICO?

Hi Readers:

It's been a minute since I have written anything about cryptocurrencies; especially since Bitcoin took a serious nose dive from 11,000 to 8,000 dollars from January to March. The regulations are getting tougher and tougher. It's hard for the average guy or girl to make money in a non-traditional fashion.

However, the wheels just keep turn and we as entrepreneurs keep finding ways to create wealth.
Over the last three months, I have been studying and learning about ICOS. Since this is the latest trend and appears to be a safer and more lucrative avenue for the average person with no or little capital.

ICOS has raised plenty of capital for start-up companies since last year. With this newfound way to create tons of capital, more entrepreneurs are utilizing ICO to create funding before going to the marketplace; therefore creating a more profitable product/token before listing on public exchanges.

Let's get to it! What actually is an ICO?

An Initial Coin Offering, also commonly referred to as an ICO, is a fundraising mechanism in which new projects sell their underlying crypto tokens in exchange for bitcoin and ether. ... ICOs are a relatively new phenomenon but have quickly become a dominant topic of discussion within the blockchain community. Aug 10, 2017

What Is an ICO? - Nasdaq.com

https://www.nasdaq.com/article/what-is-an-ico-cm830484

Some attributes of a good Initial Coin Offering
  1. Must be sustainable
  2. Address and solve a current problem
  3. Must be a demand for the service
  4. Must have a white paper( the white paper will define what the company is addressing and implement a plan to resolve the problem)





There are many new ICO popping up everyday. Please don't be fooled by them. Some are easy to join and others are not open to US Citizens. Before considering any ICO , read the white paper. Do your due diligence. You can research by reading Reddit, conducting a Google alert. Join groups that talk about ICO and learn as much as you can.


  I am following this ICO

http://dropil.com

Here is a video on Dropil and how it works
https://centibits.com/dropil-trading-bot-dex-1k-drop-tokens-sign-up-bonus-bitcoin-cryptocurrency-testing-data/














.

Comments

Popular posts from this blog

What Happens When You're Told To Recruit...

Stop Throwing Away Your Receipts

I know many of you out there like me want to find ways to increase your income.Right? I have a question did you know that those receipts that you throw away is worth money? No, right, neither did I until I one of my business partners introduced me to this membership  called Saivian. Like many of you, we belong to many different memberships that we pay to get discounts. Now Saivian is different. This is Retail Shopping Membership that pays 20% cashback on purchases that are brought with your credit or debit card. We are already shopping and saving so why not get that 20% cashback and don't leave any money on the table. The cost $125.00 every 28 days. Bring 3 get yours Free!!!!!!  Sign up  for Saivian today  Click Here  and start Earning 20% Cashback As a thank you for signing up,I am giving away this free report:   Rebranded'One Signup A Day Click Here to get your free report Thanks for signing up! Remember to keep those receipts ...

What to do when all else Fails?

Many of you have read my post on different cryptocurrency opportunities that I have engaged in. Some making me bitcoins while others are yet to be proven legit to operate in the United States. Many of these opportunities work, however, one has to be careful to ensure that research of the company and it's compliance to the United States has been approved. I am just getting better at identifying what works for me. Remember, just like buying shoes, everyone is not for everybody. One must find the mission and results stated in the white papers of the company. Since my journey into the cryptocurrency world; I have learned a lot and I am still learning. The rules of the financial world change every second, especially when dealing with cryptocurrency. I will share my journey and how I am making money with cryptocurrency. My best advice. Get your initial money back that you utilized to make the purchase once you make your first profit. This way, you can better see your gains and lo...