Initial Coin Offerings (ICOs), have become a topic of much debate in the cryptocurrency community. Almost all the ICO’s that have surfaced are only an idea, and they’re asking for millions of dollars before any proof of concept even exists. However, if the team looks good, and the idea seems doable, than investing in the ICO could bring a good ROI. The following are a few ICO’s that are taking place in November 2017 that I think have good potential. Don’t use this article alone to decide weather or not you should invest in the mentioned ICO’s. This is not intended to be used as any form of investment advice.
UTRUST
Utrust is a revolutionary payment platform that enables buyers to use their favorite cryptocurrency in order to pay sellers. It provides sellers with the safety and convenience of receiving funds in fiat currency, and offer the best consumer-protection to buyers, by acting as trusted mediators. Utrust combine the best payment protection features of current-generation fiat systems with the innovative features of blockchain and blend in the unique features provided by our own token.
The Utrust Platform aims to provide the consumer protection buyers take for granted in traditional online purchases, acting as a mediator, resolver of conflicts, enabling the possibility of refunds to mitigate fraud, while shielding the merchant from crypto-market volatility. The team aims fo build the payment API for marketplace integration that will become the crypto-contender to PayPal.
ICO Details
Tokens will be on sale for $0.065 USD per token and can be bought with BTC or ETH
The minimum contribution amount is 0.2 ETH/ 0.02 BTC
The crowdsale has a hard cap and will end once it raised $49,000,000 USD
The token supply is 1,000,000,000 (1 Billion)
BitClave
Internet giants provide everything for us – free search, free mail, free chat. But, every time you perform a search or click on an ad, they are paid hundreds if not THOUSANDS of dollars from the companies behind the ad. Why should you do all the work while they reap all the benefits?
BitClave is the next generation of search data privacy. You should have control over who can use it- and how. BitClave’s decentralized search engine helps you truly find what you’re looking for and get compensated for your data, making third-party advertising networks unnecessary. Powered by blockchain, you can rest assured your data is protected.
When it comes to online advertising, businesses are forced to pay huge amounts of money to “middlemen” in order to reach a captive audience for their promotions. BitClave proposes a system in which the intermediaries are eliminated. Instead of paying any “middlemen”, companies automatically make personalized offers directly to consumers who have opted in for the service. In this ecosystem, consumers have control over their own data and can opt into advertising and analytics services by retailers through the use of smart contracts.
One of the primary innovations that BitClave is focusing on is a distributed blockchain-based system, called the BitClave Active Search Ecosystem (BASE), which allows the storing and managing of vast amounts of data consisting of records of customer activities from an unlimited and variegated number of attestation points (more info on page 10 of whitepaper).
ICO Details
The target for the ICO is $50,000,000 USD
There will be a total of 2,000,000,000 (2 billion) Consumer Activity Token (CAT) in supply with 1,000,000,000 (1 billion) CAT available for sale.
BitClave will be accepting BTC, ETH, LTC, and QTUM
Ammbr
Ammbr Foundation is a non-profit organization located in Singapore. Its aim is to build a worldwide, wireless mesh telecommunications network using Blockchain and advanced wireless network technologies. The Ammbr network will bridge the last-mile gap that is currently poorly handled by traditional Internet Service Providers, especially in less developed countries.
The Ammbr network will be composed of Ammbr units, which act like advanced routers. These units mutually relay data with each other and, by doing so, they grant the end users Internet access, especially in areas where the Internet coverage is currently poor. The units use a wide range of advanced wireless technologies, allowing them to be very flexible and to cover long distances. The complexity of the device will not influence the overall user experience, which will be similar to what a current “standard” router provides when a user wants to join a LAN to connect to the Internet.
With the benefits and challenges of mesh networking in mind, Ammbr team has set out to develop a low-cost mesh networking appliance that elegantly addresses the requirements. The Ammbr wireless mesh device (an Ammbr node) behaves like a consumer-friendly WiFi router. However, under its skin, the device is effectively a multi-band heterogeneous mesh hub device extending connectivity well beyond the common WiFi range of 150 feet. We’re looking at over several kilometers for a range on this device!
ICO Details
The price per AMMBR is set at 2,500 per ETH. That valuation will not change at all during the crowdsale. To incentivise early but fair commitment to the Crowdsale, a sliding bonus structure will be offered
The Crowdsale will continue for a period of 58,888 mined Ethereum Blocks
Purchases can be made in ETH, BTC or BCH (Bitcoin Cash) or Cash* (see page 68 of whitepaper regarding payment with cash)
The market cap i.e. total number of AMMBR to be generated, will be announced prior to the public token sale on, or about, 5 November 2017.
Covesting
Covesting is a Blockchain based peer-to-peer asset management and copy-trading platform. Investors can easily browse through dozens of trading strategies, provided by professional crypto currency traders and subscribe to the ones matching their goals. Thanks to technology-based solutions and smart-contracts, Covesting platform allows its users to replicate trading activity of a chosen Model directly into their segregated account at Covesting. While Model managers benefit from success fees generated by profitable trading – Investors enjoy peace of mind knowing that their funds being managed by industry professionals.
Like any other social network, Covesting offers its members a newsfeed, which enables them to receive updates from other traders. Each trader can post relevant information, explain an investment decision, or share any other kind of knowledge with the Covesting community. By following successful traders, our members can become more knowledgeable and make better investment decisions.
Covesting is actively working to list COV tokens at the leading crypto exchanges. COV will become traded on crypto exchanges shortly after the ICO such as BitFinex, BitTrex, HiBTC.
ICO Details
The token sale will last for 30 days
They aim to accept up to 100,000 ETH which turns out to 15,000,000 COV
You may only buy COV tokens with ETH
A total of 20,000,000 (20 million) COV will be generated
The COV per ETH is between 200-130 depending on when you get in
Wabi
Wabi is looking to stop the trade of counterfeit/fake products within China and the world. Walimai provides RFID based labels that can link blockchain with physical objects, solving the fake/counterfeit product problem in China. The technology is already developed and commercially deployed. They are looking to scale now. An estimate of $461 billion USD of imported fake goods are in circulation globally back in 2012. The linking of digital and physical assets through RFID labels with anti-copy functionality allows consumers can authenticate the product through their phone.
The WaBi project is a blockchain-based loyalty program to encourage and reward purchases in the Walimai safe channel, and to establish collective security through individual action. Consumers around the world are then able to purchase products protected by Walimai technology with the WaBi coin.
The development timeline has been alive since February of 2014 and they have been quietly working away on this technology.
Walimai’s core technology is fully developed and has been in operation since December 2016.
ICO Details
There will be a total of 100,000,000 WaBi tokens
A maximum of 46,000,000 WaBi tokens will be sold during the crowdsale at $0.25 USD per token
Tokens can be bought during the ICO using either BTC or ETH
The ICO will last 30-60 days or until it reaches the cap
Will require a KYC check which requires you to submit your name, citizenship, government-issued ID and your ETH address
People of China and the US cannot participate in this ICO