ICO or Initial Coin Offering is the modern age way of raising capital, start ups have always come up with unique ideas to raise funds to give life to their ideas and ICO is the new buzz in town. Over $1 Trillion has been pledged into ICO campaigns from over 430+ ICO's that has taken place till date.
Status Network a browser, messenger, and gateway to the decentralized world of Ethereum raised almost $276,000,000 last June is recorded as the biggest ICO to take place followed by Filecoin, a decentralized storage network that turns cloud storage into an algorithmic market raised $257,000,000 during the ICO which took place last September. With over $1 trillion raised till date, these 5 playes had a fairly large part to play, these are The 5 ICO that raised big monies
1) STATUS NETWORK
Status combines a messenger and a browser, to build a gateway for everyday smartphone users to begin using ÐApps, and a simple way for ÐApp developers to reach new users. You can think of Status as a mobile OS, built for Ethereum.
In short, Status aims to be the WeChat and App Store for Ethereum.
Amount Raised during ICO-$276,000,000
2) FILECOIN
Filecoin, a decentralized storage network that turns cloud storage into an algorithmic market.Filecoin aims to provide a decentralized network for digital storage through which users can effectively rent out their spare capacity. In return, those users receive filecoins as payment.
Amount raised during ICO-$257,000,000
3) Tezos
Tezos is a new decentralized blockchain that governs itself by establishing a true digital commonwealth. It facilitates formal verification, a technique which mathematically proves the correctness of the code governing transactions and boosts the security of the most sensitive or financially weighted smart contracts.
Source
Amount raised during ICO-$232,997,224
4) EOS
EOS is a consensus blockchain operating system that provides databases, account permissions, scheduling, authentication, and internet-application communication to massively improve the efficiency of smart business development that uses parallelization to make possible blockchain scalability to millions of users and millions of transactions per second.
Amount raised during ICO-$185,000,000
5) Bancor
The Bancor protocol is a standard that allows anyone to easily create completely liquid “smart tokens” that calculate their own prices & enable a single party to convert any token to another, without requiring a second party to exchange with.
Amount raised during ICO-$153,000,000
WRAPPING UP!!
FOLOW ME FOR NEWS,MEDIA AND MUCH MORE....