The ICO Freeze, in Numbers: Just 4 ICOs Opening This Week
Welcome to the 31st issue of Token Report’s investor newsletter. We’re building the global financial data layer for crypto. This newsletter is based on the information flowing into our ICO database. Check our website to find out more about our product and our token.
Just four ICOs opening this week: It’s hard to get ICO investors’ attention when they’re out holiday shopping with their new wealth. But data shows what investor Vinay Gupta termed “the great ICO freeze” is probably real: Just 59 ICOs have open dates set for January. That hardly points to a pent-up pipeline. Another 170 or so haven’t set an open date yet; many of those aren’t likely to ever open, but many more may be waiting to test the icy water in Q1.
ICOs Opening This Week
Lotus (LTO)
Documentation
Forum
Presale open date: Dec. 20
Crowdsale open date: Dec. 30
Hard cap: 9,600 ETH
Lotus is a platform for travel-related transactions on the blockchain, including airline and hotel bookings, tour packages, cruises and rentals. Lotus’s system is backed by an LTO Card that users top up to pay for services. Lotus is branding itself as a travel agency, aiming to provide faster booking processes and low fees.
Spectiv (SIG)
Documentation
Forum
Open date: Dec. 22
Hard cap: 40M USD
Spectiv is building a VR streaming platform, a user-integrated exchange of virtual reality experiences. Spectiv provides a payments ecosystem for viewers to tip streamers for the content they enjoy, as well as pay subscription fees. The token will be used for ad rewards, tips and premium content purchases. It also aims to eventually be a creator of original VR content that users can pay to watch on a subscription basis.
Bezop (BEZ)
Documentation
Forum
Open date: Dec. 21
Hard cap: 50,320 ETH
Bezop is an ecommerce network marketing itself as a “complete solution” for businesses, on which anyone can sell their products and/or services and get paid in the native token bezop. Tokens can be earned by selling goods and services or as a reward for mining to validate orders on the network.
PNC Coin (PRO)
Documentation
Forum
Open date: Dec. 21
Hard cap: N/A
PNC Coin is a cryptocurrency for real estate transactions. It is building a platform that will facilitate the entire process of a real estate purchase, including title registries, without the use of an intermediary.
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Token Report is an independent financial information service founded by Galen Moore and Peter Vessenes. Galen is a financial journalist with a background in startups, venture capital and launching news sites. Peter is a co-founder of the Bitcoin Foundation, and launched the first VC-backed Bitcoin company in 2011. He is managing director at New Alchemy, a boutique consulting and investment group based in Seattle, Wash., that is making a pre-seed investment in Token Report.
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