5 leading ICO trackers and why they’re important

The number of projects raising funds through the ICO model has been steadily increasing throughout 2016 and Q1 of 2017. ICO tokens, in addition to their cryptocurrency predecessors, are becoming a widespread application of blockchain technology. In 2016, 64 major projects raised over $103 million through ICOs. William Mougayar, a leading investor and advisor in the blockchain space has projected that at least 300 ICOs will raise over $600 million in 2017. Although ICOs have become somewhat of a staple in the blockchain and cryptocurrency community, they still exist in a largely unregulated space. With mainstream regulatory bodies and analytics platforms being slow to react, it is up to the community itself to build its resources to track and analyze projects, as well as conduct due diligence. As a result, a number of websites have taken it upon themselves to serve as trackers and analytics platforms.

These websites analyse the business goals of any given project, its target market and its team, also paying attention to the security framework and the project’s credibility. Many of these websites have a dedicated following. Being featured on these websites is a mark of credibility from the community. We are pleased to announce that the community’s top ICO trackers featured the BCAP offering. Here is a rundown of them:

ICOcountdown

The website gives a simple bird’s eye view of all upcoming ICOs and crowdsale projects which have passed the authors’ due diligence. ICOcountdown also runs one of the most popular dedicated Telegram chat groups on ICOs. Being featured on the website usually creates discussion in the group, giving ICOs much-needed exposure.

Smith + Crown

A research group dedicated to providing the crypto-community with much needed research, analysis, digital currency profiles and market data. The Smith + Crown team conducts reporting on current and upcoming crypto-projects, constantly updates their currency profiles and market data, and even runs its own cryptocurrency index. The team’s vision is to create a one-stop platform for research and analysis related to Bitcoin, blockchain technology, digital currency and cryptofinance.

Coinschedule

Coinschedule lists all the important dates in cryptocoin projects. The team collates all the data they find across a variety of sources: official ICO websites, forums, Telegram, Slack and traditional media. They then transform it into an easily-digestible format that is simple to follow. The main goal is to keep track of all major milestones for the most important crypto projects in one space.

ICOTracker

A simple application that tracks all past, current and upcoming ICOs and gives them a rating. Each ICO has a curator from the ICOTracker team, who researches all the relevant information about the project to give it a rating within the application. Each project is rated on 5 criteria: whitepaper, roadmap, team, escrow, ICO conditions.

TokenInvestor

A sleek, user-friendly list of ICOs (past, present, and future) rated by their popularity and activity. The subscription feature also provides users with a notification service, so they can easily follow all the ICOs that interest them from one user-friendly platform.