Most Common ICO Mistakes

  ICOs have now become the new way to fund start-ups and projects related to blockchain development. ICOs are a new rage vs the more established venture capital route. Cryptocurrency projects and initiatives are now booming, thanks to ICOs. Correctly formulated ICOs coupled with well-executed plans, a logic for the smart contracts, in addition to reliable token economics are some of the features of a well-executed coin offering.   However, all is not a pretty picture when it comes to raising funds through an ICO. There are some common ICO…

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“Consensus Sell-off” leave Bitcoin investors scratching their heads

Even after a week of positive news Bitcoin could not repeat the uptick seen in the aftermath of the 2017 conference. Bitcoin had a 1.35x growth between 20th  May and 25th May 2017 when it grew from around $2000 to a high of $2700 before correcting to around $2500. This year, Bitcoin was facing a bearish market before Consensus and did not recover but stayed at around the $8200 mark over the week.     Consensus took place from May 14-16th earlier this week and boasted an attendance three times…

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What is an ICO?

What is an ICO? With the success of Bitcoin, there are many cryptocurrency projects popping up. ICO’s, known as Initial Coin Offerings, is a way that these projects gain funding.  ICO’s are similar to an Initial Public Offering ( IPO ) in which investors purchase shares of a company.   Related reading – 11 Of The Biggest ICO ROIs Of 2018   Since the ICO explosion began in 2017, over 800 ICOs were launched, raising a total of approximately $20 billion. Where Did The Money Go? Inside the Big Crypto ICOs of 2017 – Forbes investigated…

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