At the moment there is a gold rush. A digital gold rush. A lot of new initiatives and projects. An ICO is, at the moment, the way to go for blockchain projects to get the funds needed to get to the next stage of their project. ICO's are used by early stage projects. Projects who haven't put out a product yet and projects that already have a beta version of their product. These kind of projects used to be accessible to venture capitalists only. Because of ICO's these projects can tap into funds without the stringent rules put in place by venture capitalists. But less rules also means more Wild West. Some ICO's were able to collect millions of dollars in a matter of minutes. ICO's are getting so popular that one ICO, that of Status, crashed Ethereums (ETH) transaction processing capacity. Too many transactions at once because everybody wanted Status-coins immediately. There is no question about the popularity of ICO's . Everybody is trying to find the next gem. The next Bitcoin (BTC), Ethereum (ETH), Veritaseum (VERI) or even Radiums (RADS). Where do you find them? This question consists of two parts. Literally, where do you find current and future ICO's and secondly how do you separate the good ones from the not so good ones. Even better how do you find a gem. This article focuses on the first part, where do you find ICO openings.
Before I go further people need to realize what they are investing in. There are basically three categories: Currencies who mainly focus on being decentralized and making transactions more efficient and currencies that are used to access a specific service. The third group is the hybrids. Bitcoin (BTC) en Litecoin (LTC) are examples of cryptocurrencies that make decentralized transactions possible. On the other hand is Veritaseum (VERI) a project that specializes in finding investment opportunities at a low cost. Veritaseum does have other aspects which are very cool for every stocks, bonds and derivatives trader but their core business is their computer algorithm that can help you find investment opportunities at lower costs compared to for instance hedge funds with their high costs. The Veritaseum coin (VERI) gives you access to the algorithm. At the moment there are also a lot of hybrids. Side note: Try to identify their core business and what their main goal is.
Where to find ICO's:
www.tokenmarket.net - A very informative, clear and organized website. When you click on "ICO Calendar" you will see a lot of current and upcoming ICO's. You can also see ICO's that have reached their deadline and are currently closed. These closed ICO's still have some valuable information. On the website of Tokenmarket you can get access to the whitepaper of a specific project, you will find a link to the website of the project holding an ICO and you can see on what blockchain the project is based. A very cool feature is the possibility to get alerts when a new ICO is 36 hours away from opening or when an ICO will close. Also a lot of extra info can be found on the website.
www.icoalert.com. - ICO-calendar with a notification feature. This website sells reports, but some are free. Click the upper right link which says "Report". Definitely informative.