What Are the Top ICOs for March 2018?
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Top ICOs for March 2018: What You Need to Know
If you're interested in investing in new blockchain projects, you may want to check out some of the initial coin offerings (ICOs) that are launching this month. ICOs are a way for startups to raise capital by selling digital tokens or coins to investors, often at a discount or with other benefits. However, ICOs also involve risks, such as fraud, volatility, and regulatory uncertainty. Therefore, you should do your own research and due diligence before deciding to participate in any ICO. To help you get started, we have selected some of the top ICOs for March 2018 and highlighted their key features and potential.
1. Beetoken: Decentralized Home-Sharing Network
Beetoken aims to disrupt the centralized home-sharing market dominated by platforms like Airbnb, by creating a decentralized network of hosts and guests that is more affordable, transparent, and secure. Beetoken uses smart contracts to automate the booking, payment, and dispute resolution processes, and allows hosts to keep more of their earnings by avoiding intermediary fees. Beetoken also offers a reputation system and identity verification to enhance trust and safety. The ICO for Beetoken's utility token (BEE) runs from February 1 to February 28, with a hard cap of $15 million.
2. SwissBorg: Wealth Management DAO
SwissBorg wants to democratize wealth management by creating a decentralized autonomous organization (DAO) that enables users to control and invest their assets in a smart and transparent way. SwissBorg's platform features a multi-asset wallet, a robo-advisor, and a community-driven investment platform that uses gamification and incentives to reward good decision-making and risk management. SwissBorg also plans to launch a smart contract-based insurance fund that protects users from hacks, frauds, and other losses. The ICO for SwissBorg's native token (CHSB) runs from December 7 to January 10, with a soft cap of $5 million and a hard cap of $50 million.
3. Wala: Financial Services for the Unbanked
Wala aims to empower millions of unbanked and underbanked people in emerging markets by providing them with a mobile-based financial platform that is free, easy, and secure to use. Wala leverages blockchain technology to offer low-cost money transfers, bill payments, savings, and loans, and uses a token-based loyalty program to incentivize users to adopt and promote the platform. Wala also partners with local agents and merchants to expand its reach and impact. The ICO for Wala's utility token (Dala) runs from November 1 to December 31, with a soft cap of $30 million and a hard cap of $30 million.
4. Nucleus Vision: IoT Blockchain for Retail
Nucleus Vision aims to bridge the gap between online and offline retail by using blockchain and Internet of Things (IoT) technologies to create a real-time, personalized, and secure shopping experience for customers and retailers. Nucleus Vision's platform allows retailers to track and analyze customer behavior and preferences, and offer them targeted promotions and rewards, while protecting their privacy and data ownership. Nucleus Vision also plans to integrate with other blockchain networks and use its own token (NCASH) as a means of payment and loyalty. The ICO for Nucleus Vision's native token (NCASH) runs from January 28 to February 19, with a hard cap of $40 million.
5. Skrilla: Esports Betting Platform
Skrilla wants to tap into the booming esports industry by creating a decentralized betting platform that allows fans to wager on their favorite teams and players, and earn rewards for their predictions and contributions. Skrilla uses blockchain to ensure fairness, transparency, and speed of transactions, and offers a user-friendly interface and social features to enhance engagement and entertainment. Skrilla also plans to launch a governance system that enables token holders to vote on the platform's development and direction. The ICO for Skrilla's utility token (SKR) runs from November 6 to November 20, with a hard cap of $15 million.
Conclusion: How to Evaluate ICOs
As you can see, ICOs can vary widely in terms of their goals, strategies, and risks. Therefore, you should use some criteria to evaluate them and decide which ones are worth your investment. Here are some factors to consider:
- Team: Does the project have a competent, experienced, and diverse team with relevant skills and backgrounds? Is the team transparent and communicative?
- Technology: Does the project use innovative, secure, and scalable blockchain technology? Does the project have a working prototype or a proof of concept?
- Market: Does the project address a real and sizable market opportunity? Is the project differentiated and competitive in its niche? Does the project have a clear and sustainable revenue model?
- Community: Does the project have a supportive and engaged community of users, investors, and partners? Does the project have a strong social media presence and a positive reputation?
- Legal: Does the project comply with relevant laws and regulations? Does the project have a clear and transparent legal structure and terms of service?
By considering these factors and doing your own research, you can make informed and rational decisions about ICOs. However, you should also be aware of the risks and limitations of ICOs, such as lack of liquidity, volatility, scams, and regulatory changes. Therefore, you should only invest what you can afford to lose and diversify your portfolio. Happy investing!
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