Crypto Opinions
5 Promising Blockchain Projects with Upcoming ICOs
Today, with 2017 already behind us, we can say with certainty that it was a year when cryptocurrencies and blockchain really took off, and the ICO craze swept the world at lightning speed. Hundreds of projects have turned to the ICO as an attractive fundraising channel, and there is no wonder. In 2017, a sum close to $4 billion was raised via ICOs worldwide.
Throughout the course of ICO’s maturation we have witnessed a lot, ranging from outright scams like Confido and frankly satirical ICOs like Useless Ethereum Token, to ICO heavyweights — Paragon, Tezos, Filecoin and Bancor, to name a few.
The reason for ICO’s remarkable appeal is a relatively low barrier to entry, enabling startups to raise scads of money. On one hand, this creates a lot of room for all sorts of speculations but, on the other hand, ICOs have become a powerful force for fueling up progress and increasing awareness of blockchain and cryptocurrencies among the masses. From the perspective of democratization of technology, this by no means is a negative phenomena.
While the market remains highly appealing to startups, and the world is sure to see more and more new ICO ideas emerging in the near future, there are already promising projects emerging in the year 2018, with plans and intentions for conducting their ICOs in the near future.
Lots of groundbreaking startup ideas linger in the shadows of other more raucous projects, simply because they do not use spam advertising across multiple channels to create excessive hype around their companies. Yet, even though unknown to the public, they are recognized and respected within the inner circle of cryptocurrency experts.
Among such startups, there are five promising blockchain projects that will run their ICOs shortly. Make sure to watch for them in 2018.
#1 CREDITS
Founder: Igor Chugunov
ICO Date: February 1, 2018
This project, headquartered in Singapore, claims to be “the first absolutely autonomous blockchain platform” that operates with no help from any external systems. CREDITS is a unique solution with no equivalent on the market that works at lightning speed. It allows users to perform about one million transactions per second with minimum processing time and low transaction fees. With such merits, CREDITS has the potential to become a widespread solution for businesses for whom scalability is a top priority. Therefore, CREDITS is a perfect match for building applications for finance, loan services, trade, medicine, IoT, exchanges and more.
#2 IHT
Founder: Ricky NG
ICO Date: February 5, 2018
The goal of this ambitious Hong Kong company is to make micro-investments in real estate seamless and profitable by bringing blockchain and smart contracts to the industry. They will use the technologies to split real estate under their platform — i-house.com — to be allocated to and traded by multiple financial institutions, allowing users to invest less at lower risks, but still benefit from investment returns. In other words, the platform serves as a place where real estate converges with developers, financial institutions and users for safe and transparent interactions.
#3 Dether
Founder: Hamid Benyahia
ICO Date: February 7, 2018
Originating from France, Dether is the first peer-to-peer ether network in the world. The company’s mission is to make access to cryptocurrency widespread via their application, regardless of the user’s level of expertise in cryptocurrencies. Dether serves as a bridge between those who buy and sell cryptocurrencies for fiat, as well as a platform for physical shops that accept crypto payments. Both buyers and sellers can easily be found on Dether’s map, where they can negotiate deals in a private anonymous chat, while shops can add themselves to the map to be discovered by customers who pay in crypto.
#4 AdHive
Founder: Dmitry Mayanov
ICO Date: February 7, 2018
An Estonian startup, AdHive, is going to become the first AI-enabled social video advertising solution built on blockchain technology. The platform was designed to fully automate native ad placement with multiple social media influencers, reducing the time required for task completion to a minimum. The advertiser need only create an ad campaign, specifying all details, tasks and price. After an influencer accepts the task, AI takes care of the rest. The payment is transferred to the influencer only after AI has confirmed task completion.
#5 BlockMesh
Founder: Bjorn Dingemans
ICO Date: February 28, 2018
This Mauritius-based company aims to disrupt the global communications industry. The goal behind the project is to make the Internet globally accessible through the use of excess bandwidth and wireless connections. Underlying the platform is mesh networking technology whose working principle is based on Bluetooth or WiFi. This, together with blockchain, creates a global decentralized and cost-free network of mobile devices that can transfer information from one to another to reach the final recipient. Network members whose devices are used for transfers of data will be rewarded in MESH tokens.
