Initial coin offerings (ICOs) have been an extremely popular method of raising funds at the very beginning of a project since the crypto currencies began. But even though this has worked wonderfully with many cryptos so far, it is unfortunately the case that the majority of ICOs in recent years have often been misused for exit scams or snowball systems (see: Bitconnect). For example, a study published in 2017 found that about 80 percent of initial coin offerings were not carried out in a serious manner. The study was commissioned by the ICO advisory company Satis Group.
However, there are still serious Bitcoin secret projects that prove that ICOs cannot be written off for a long time yet
Sponsored Posts are paid items for the content of which the advertising companies are solely responsible. BTC-Echo is not responsible for the promised services or Bitcoin secret investment recommendations. Although about 80 percent of the ICOs in recent years were organised with fraudulent intentions, this information by onlinebetrug also shows that about 20 percent of them were carried out in a serious manner. This aspect is particularly important because it represents a significant number of initial coin offerings that set a positive example by ensuring that all processes were conducted in a fair, reputable and trustworthy manner.
Why is it so important to emphasize this cryptosoft aspect?
Quite simply, ICOs, if initiated by a reputable cryptosoft vendor, are an excellent opportunity to be among the first to invest in a promising cryptosoft project.
Examples of this now exist in large numbers: NEO (NEO) is worth mentioning here, for example, which could be acquired at the time of the ICO for 3 cents and over time reached a maximum value of about 190 U.S. dollars. This corresponds to a 6,000-fold increase in value.
The same can be said for Ethereum (ETH), now one of the most successful crypto currencies: This was still available from the ICO at 31 cents and in January 2018 finally reached an all-time high of over 1,400 US dollars, which represents an increase of 4,500 times.
Spectrecoin (XSPEC), a crypto currency that has not yet achieved the same popularity as the two above-mentioned examples, can also definitely be seen here: While the ICO is offered at a price of 0.0001 cents, the currency reached a whopping 6.50 US dollars in between, which represents an incredible increase of 65,000 times.