The volatility of any given ICO is something that has some analysts drifting towards the mindset of deeming this phenomenon a “bubble”. This includes the world of cryptocurrencies. However, pioneering cryptocurrencies and ICOs have given hope and shed positivity on this new era of finance. Additionally, the ongoing development of the technology is something that has a majority of the contributors buzzing. Evolving into useful alternative financial networks and essentially decentralized systems are what will continue to grab and hold the attention of current and potential investors.
Top 10 ICOs to Look Out For 2018
Based on my own investment portfolio and extensive market research, below is a list of ICOs that you should look into for long-term investments.
- GIG9
As the brainchild of 9 Oxford University alumni to disrupt the gig economy, the GIG9 ICO is the world’s first blockchain-based skill sharing platform dedicated to empower local communities. Their main goal is to connect local communities like never before in terms of skill sharing (eg. plumbing, legal advice, designing) and lending hands (picking up groceries, fixing a broken table, etc). GIG9 offers a world of limitless possibilities, so those with a skill to share, however ordinary or extraordinary or are even willing to lend a hand can register to GIG9. Additionally, GIG9 is the only platform that is actively campaigning for equal opportunities irrespective of age, gender, background and physical ability.
- BABB
BABB is one that believes that banking has to be financially inclusive, fair and globally connected as mentioned by their Founder. BABB which stands for Bank Account Based Blockchain is essentially developing a mobile banking app using the wonder of blockchain technology which will allow everyone to be their own bank without having to worry and deal with the traditional bank methods we all love to hate.
- LOCI
As they mentioned, Loci was founded with one goal in mind. An “idea” is one of the most important things for anything and everything and with LOCI, they plan to change and impact the way people invent and basically, the value of an idea as a whole. LOCI provides a platform to simplify the patent search process by utilizing unique visualizations to help you construct your idea. It will be an easier way to discover the novelty of your idea, give a secure home for your ideas on the blockchain, and even an exclusive marketplace for the sale of your intellectual property.
- GIFTZ
GIFTZ is about to change the world of Loyalty Reward Programmes forever. Simply put, consumers can collect tokens in stores, apps, games, websites and more. Additionally, shoppers have fun earning Rewards Tokens and the app’s blockchain technology makes this entire process secure. Companies wouldn’t have to worry as GIFTZ can help get liability off balance sheets around the world by distributing physical tokenized points to customers who receive the asset in their private wallet. It opens up a whole new network of customers to merchants, without the huge overhead costs associated with traditional programs.
- QUARKCHAIN
When it comes to being a blockchain platform, QuarkChain aims to be the best in the market especially for the future when blockchain and artificial intelligence is deemed to take over. It’s all about meeting the global commercial standards when it comes to building an innovation blockchain architecture. They are developing their blockchain to provide over 100,000 transactions on-chain whilst being decentralized, secure and scalable.
- MONSTER
Consumer electronics group Monster Products, who is known for its HDMI cables for headphones, is currently planning a $300 million ICO, in a bid to develop a marketplace to rival Amazon. The company intends to build a global payment system by offering 300 million Monster Money Tokens at $1 each in order to raise funds.
- RENTBERRY
Rentberry is a platform that will offer its users a fully operational long-term rental platform. It will leverage blockchain technology to promise a seamless rental experience which will also allow for crowdsourcing to basically assist tenants to unfreeze millions of dollars tied up in rental deposits.
- RIGHTMESH
RightMesh is working towards developing a decentralized mesh network that will be responsible for providing control and access of internet for people world-wide. Their Mesh Network will brilliantly consist of dynamic peer-to-peer nodes, and the network has been designed to be broken into two main components — the mobile adhoc network (MANETs), and the delay tolerant network (DTNs).
- PUNDIX
With Pundi X, any store around the world can buy, sell and accept cryptocurrency for their day-to-day business. This will empower blockchain developers and token holders to be able to sell cryptocurrency and services at any physical store in the world. This will help make cryptocurrency accessible to everyone. With this platform, you’ll not only acquire liquid funds but also save the crypto position and stay right in the heart of the long-term investment game. Put simply, with MoneyToken, there isn’t any need to sell your own BTC or ETH whenever you need stable currency or cash.
- MONEY TOKEN
If you think about it, spending crypto assets will not let an investor benefit from a future rise in their value. That is exactly why many investors buy less crypto and usually hold their order to ensure to reap benefits. This is how MoneyToken aims to change the game. MoneyToken is a platform that will allow investors to borrow different liquid funds instantly. The best part about this is that the borrowing done will be on the basis of your cryptocurrency asset holdings’ existing value.
Smart investments go a long way and since there aren’t a lot of things that are better than a stable future, it’s always best to come into the game headstrong. I shall keep this list updated as I dive into my journey of this world of cryptocurrencies and ICOs.