Which side the ICO-trackers are buttered on?
The majority’s idea of trackers is connected with BitTorrents, where people would get warez. So, if you have the much coveted skill of finding music or movies on torrent trackers, then you know what the ICO trackers are about.
An ICO tracker provides necessary services for both the ICO teams and the investors with spare money (according to some acquaintances of mine — money should always work).
In my previous articles I have mentioned about ICO trackers.
Just in case for those, who have decided to skip some steps (or just skipped Nietzsche and has no understanding of what skipping can lead to ;),
I will make a tiny divagation from our topic:
In layman’s terms ICO is like the public offering of regular stocks, widely known in European countries and the United States for a couple hundred years. In the XXI century the public offering of ICO tokens becomes a widely occurring event.
Tokens are basically cryptocurrency (E-money); by sale of those tokens the projects raise money for project realization. The process of money gathering happens with a faster pace than regular IPOs. ICO has shown a tremendous growth and growth potential.
As the ICO procedure is way more liberal and less costly than IPO scores of companies darted to this field. In a similar to stock market fashion crypto community has its share of bad actors — people who raise copious amounts of money and then vanish. ICO trackers help their users to get their bearings among hundreds of ICO projects. You can find information about various tokens, information on the companies who issued them, some trackers provide analytical reviews (https://www.smithandcrown.com/) while the others provide approval ratings of the tokens (www.coingecko.com).
There are approval ratings of ICO trackers themselves. Trackers’ popularity can be also measured by site attendance:
www.coingecko.com(more than 10,000,000 visitors per month)
https://tokenmarket.net(2,500,000 visitors per month)
www.coinschedule.com(1,200,000 visitors per month)
www.icocountdown.com(600,000 visitors per month)
http://icorating.com/(600,000 visitors per month)
https://icostats.com (500,000 visitors per month)
https://www.smithandcrown.com (400,000 visitors per month)
https://www.Icobench.com(400,000 visitors per month)
(Visitors numbers might fluctuate in the span of months).
Most promising ICO projects use services of aforementioned ICO trackers to promote their cause even further. A representative of one of the ICO projects told me that he had researched more than one hundred of ICO trackers and had correspondence with at least 40 of them. Each of them had its pros and cons. Showing restraint not to hurt anyone’s feelings he told me that one of the most popular ICO trackers simply ignored all the attempts to contact them via all the media for many weeks, even though the service is quite a costly one.
The cost of listing starts around 0.04 BTC and reaches 1 BTC. Some ICO trackers take this payment for the entire period of listing, others ask $450 for a week.
If you only have your own tokens to spare (ye goodeolde barter) then you might have to pony up 7 times more, that is 3,150 greenbacks — such payment option takes place at http://www.bitcoinx.com/. At https://www.coingecko.comget ready to cough up a handy sum of $2,000 every single week — that’s the price of playing with the big boys nowadays!
The owners of ICO trackers rent out banner space, earning this way from an extra hundred bucks to the whole bitcoins. Getting ad banner space can go from a hundred dollars to as much as whole bitcoins. Rental period ranges from one week to one month.
“To pay or not to pay, that is the question”…
If you are going the way of a cheapskate then you will dangle somewhere at the bottom of page 50 and the only way you would get visitors would be random hits from the face rolling crowd and cat typing crowd as there are literally swarms and swarms of ICOs.
One thing I should say about the titles of ICO trackers… I would score most of them with Fs and Ds for name creativity.
The overwhelming majority of trackers contain either of:
ICO, token, coin, data, rating, alt, crypto…
Some of them are like two drops of water: Coinschedule and Coinscheduler, Coin-List and Coinlist…
There are some rare exceptions from the people with imagination, for example www.numizmo.com. Intrigued by an unusual title I have even contacted the tracker’s team. Thanks to the insider information I obtained from the founders of the site this ICO tracker will do its best to build the first tracker with a human face (sounds pretty quaint). Numizmo will not spill all its beans but they kinda tipped me off about source code rating, domain history and that the tracker will collaborate with popular communities within Telegram and YouTube.
The other useful feature of many trackers is their scam listings — it definitely saves any investors’ time and money to know if there are “grab n run” projects in general vicinity of their funds.
For example, there is a whole section of Scam ICOs on the tracker https://tokentops.com/ico/scam/; there is a great idea of rating the ICO soundness (Low Risk, Medium Risk or High Risk) on https://kibers.com/ico.html.
As the say:
“Beauty is in the eye of the beholder” :-D
Well, the main difference between ICO trackers is their usability. Some have more text and more graphs, the others — more pics and other visual info. However, judging by my acquaintances’ examples, each one’s idea of perfect usability greatly differs from the next one’s (the ladies’ tastes stand apart from the gents’):-D.
By and large you should choose your ICO tracker judging by its features, reliability and a nifty name!
Author: Dickinson-junior
