ICOs are cryptocurrency’s equivalent of initial public offering (IPO). They serve as an excellent fundraising mechanism and have shown to be able to raise over one billion USD. Companies increasingly prefer obtaining funds through ICOs rather than traditional methods of applying for a bank loan or getting funding from venture capitalists. Some of the biggest ICOs of 2017 were:
Status-It is an interface which makes it easy to use Ethereum and is raised over $107 million.
Polkadot-This technology allows multiple blockchain uses simultaneously. It raised $145 million.
The Bancor Protocol-This Company which raised $153 million is a decentralized liquidity technology for Ethereum.
The most promising upcoming coin ICO list is given below:
The seed token project ICO is a platform for powering artificial intelligence and bought economy on the blockchain.
Sound Legends is a platform for blockchain music ecosystems and whose ICO sale starts on December 15, 2018.
These were few of the upcoming ICOs that are well prepared to change the market. These ICOs can come to a lot of benefits when it comes to investors. Make sure you know the right facts abut the place you are investing in.