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Masterforex-V Analysts name Successful ICOs in May 2018


For those of you who don’t know, an Initial Coin Offering (ICO) is all about raising funds. To be more specific, startups sell their underlying crypto tokens in exchange for existing crypto currencies, mostly Bitcoin, Ethereum and other altcoins out there. This resembles an IPO in the stock market where investors buy a newly offered stock.
 
Apparently, an ICO is a relatively new phenomenon. However, ever since coming into existence, it has been winning the hearts and minds of millions of investors all over the world. This has been the dominating topic for discussion in the international blockchain community.
 
Still, for many people out there, ICOs are something like unregulated securities allowing some shady startups to quickly raise tons of money and scam their investors for money while others think that this is clearly an innovation in the conventional venture financing model.
 
Unfortunately, there are cases of fraud among ICOs. For instance, the founder of GO CUBO LODGE CLUB stole the 18 million dollars raised during the ICO while the personnel were left without salaries, not to mentioned the scammed investors. Obviously, this doesn’t mean that all ICOs are potential scams. Fortunately, international regulators start coming into the niche. For instance, the SEC (US) created a precedent and made ICO tokens equal to stocks and other securities, with all the related consequences for the ICO industry. With that being said, the industry is getting more and more mature, secure, and stable, which is definitely good news for all potential ICO investors out there.
 

 

Masterforex-V Academy Experts on Successful ICOs Expiring in May 2018
 

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Table 1. Successful ICOs in May 2018.
 
Number 1. Extrabit (token EXB, extrabit.io). This is a startup designed to develop and promote a mining platform. Paying electricity bills is the second item of the budget after buying GPUs for mining. According to EXTRABIT, they have already acquired a 5-year contract to get energy from a local provider, which is expected to cut the expenses significantly while making the startup more promising. Theexpectedprofitabilityis 185% ayear. At this point, they have raised over 23 million dollars, with the initial goal of only $500K. That seems to be a huge success.
 
Number 2. Super Ethereum (token STH, superethereum.io). This is a startup creating a decentralized digital trade platform. It’s not a secret that crypto-exchanges have a lot of drawbacks. Super Ethereum is about creating a trade app making it possible to trade cryptocurrencies, futures, options, with lots of timeframes, technical indicators, demo trading with real quotation.At this point, they have raised over 20 million dollars, with the initial goal of only 1,8 million dollars. That seems to be a huge success as well.
 
Number 3. MIR COIN (token MIR, mircoin.co). This is a startup creating another cryptocurrency. At this point, they have raised over 45 million dollars, with the initial goal of only 9 million dollars. Clearly a huge success. What makes MIR COIN stand out from the crowd. The thing is, this coin is based on a brand-new algorithm named KeccaK(SHA-3), which can boast much better performance than the one Ethereum and Litecoin are based on. The algorithm makes the coin more secure and boosts the mining efficiency by as much as 30%.
 
Number 4. Soxax (token soxax, soxax.com). That’s an American startup developing a decentralized social network, with possible rewards for sharing content. At this point, they have raised over 4,5 million dollars, with the initial goal of only 1 million dollars. Not bad either.
 
Number 5. MinerOne (token MIO, minerone.io). The ICO is all about raising enough funds to launch a crypto-farm in Swweden. The benefit is the cheapest energy in Europe available for the Euro - 0,065EUR per 1KW/h. the expected profitability is 13% a month.
 
The list of other successful ICOs includes:
ORS (token ORST, orsgroup.io). Switzerland. AI-based software for automating various business processes, machine learning and big data. Expected: $6M. Collected: $14M.
 
STeX Exchange A2A (token A2A, stex.exchange) by the founders of KeyCAPTCHA, a rival to Super Ethereum. Cryptotradingplatfrom. Expected: $1M. Collected: $2M.
 
FLUX (token FLUX, flux.fund). Estonia. Gaming ecosystem. Expected: $3M. Collected: $6M.
 
Peur Marketplace (token PURC, peur.io). Australia. Blockchain-based payment hub between crypto transactions and conventional financial transactions. Expected: $2.5M. Collected: $4.5M.
 
Birdchain (token BIRD, birdchain.io) by VertexSMS (Estonia). Decentralized instant messaging app, with the option to make money watching ads and selling data. Collected: $1,6M (more than expected already).
 
The following startups have also raised over 100% of the funds planned to be raised.
 
The Abyss (token ABYSS, theabyss.com) – digital distribution platform.
Marginless (token MRS, marginless.io) – social betting network.
RAcoin (token RAC, racoin.io) – cryptocurrency for gambling.
GENESIS (token GES, genesisfound.io) – international fixed property fund.
DateCoin (token DTC, datecoin.io) – blockchain-based dating site without fakes and bots.
Velix (token VXD, velix.id) – blockchain-based authentication solution.
Ethereum Slot Machine (token EST, eslots.io) – blockchain-based slot came.
Akaiito (token AIC, akaiito.io) – payment platform.
WELL (token WELL, joinwell.io) – blockchain-based platform connecting doctors and patients worldwide.

 

Successlife (token SLT, successlife.com) – platform for premium services by Success Resources.

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Table 2. Dynamics of social network interest in successful ICOs.
 
As you can see, young startups have been promoting mostly through Telegram, TwitterYoutube they have got used to but have been ignoring news feeds like Google.News. Promoting by increasing the amount of mentioning in Google.News is al so a good idea contributing to the overall success of an ICO.

 

 

 

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