Nowadays, it is obvious that crypto traders do not always have the time or knowledge to learn all the important aspects of crypto projects investment even if they are very easy to understand and apply. In a market as volatile as cryptocurrency, the psychological chills behind ICOs can play you more than anything.
CryptoTotem is an Independent crypto projects database for investors and crypto enthusiasts. We eliminate bad investment decisions with 3 useful ICO lists that are constantly updated: Ongoing ICOs, Pre-ICOs, and Upcoming ICOs. Our project compares various ratings of the best agencies: ICObench.com, ICOmarks.com, TrackICO.io, and ICOholder.com. It helps our investors save considerable time in searching for profitable investments.
Our mission is to provide all possible reliable and up-to-date information about each project in the crypto industry.
What is Cryptocurrency?
As its name suggests, cryptocurrency, also called Bitcoin and Ethereum among others, is an encrypted digital currency used for different exchanges of value. They hold flexibility and are treated as an equivalent to physical currency in terms of exchange of goods or services. With more than 2000 cryptocurrencies spread all over the internet and a total market capitalization of over $200 billion, bitcoin and other altcoins offer very high potential for profits with enough trading opportunities. Due to its high volatility, crypto traders can take various parts of these digital currencies and determine their positions for maximum profits. It’s vital to differentiate between coins and tokens, as they are often confused. A Coin is a unit of value within the blockchain to incentivize users to use the blockchain. Cryptocurrencies such as Ethereum, Bitcoin, Litecoin are good examples of native coins.
We have four common types of digital assets are utility tokens, security tokens, stablecoins, and cryptocurrency.
Altcoins refers to cryptocurrencies that are an alternative to Bitcoin. Most altcoins are variants built on Bitcoin’s open-source and original protocol but with changes to its source codes. Hence, a brand new piece of altcoin with different features and protocols.
Tokens, on the other hand, are a representation of an asset or utility, which are created on other blockchains. They can represent assets that are tradable, from products to services and to even other cryptocurrencies! Creating tokens do not require modification of source codes or creating a new blockchain. They are created and distributed through ICOs or IEOs which is a strategy for crowdfunding and to finance the development of a new startup.
With the high demand and increasing value in the markets, Cryptototem plunge to maintain this growth trajectory with our list of cryptocurrency ICOs that makes it easy to discover new top-rated ICOs.
What is Initial Coin Offering (ICO)?
ICO means Initial Coin Offering. It is also regarded as an alternative form of crowdfunding to birth the release of a new cryptocurrency. Developers of blockchain technology use ICOs as a means to raise development funds. They have been used to raise millions of dollars for blockchain-related projects.
ICOs are the easiest and most efficient ways for companies or investors to fund their projects and also have other investors and companies investing in them. For every new cryptocurrency, the company or individual will need to source for funds needed for all the technical development, so they usually sell tokens in exchange for major currencies such as Bitcoin (BTC) or Ether (ETH). ICO periods usually last nothing less than a week.
There are different forms of ICOs with specific timeframes and goals. An example of an ICO may include having a pre-designated price for all tokens sent out during the ICO. In such case, the token supply is static. However, a static token supply may include a dynamic funding goal which determines token distribution based on funds received.
One of the most successful ICO projects is Ethereum, which had Ether as their tokens. Only Ethereum was able to garner up to $18 million dollars in Bitcoin during their ICO. The project started in 2015 and already had a huge increase in price by 2016 with a market capitalization of more than $1 billion.
A lot of people confuse ICO with an IPO (Initial Public Offering), but they have a lot of differences. ICO doesn’t give you any kind of ownership of the investor or company who is trying to create their own cryptocurrency. Tokens distributed from an ICO will gain value, with the ICO allotting equity equivalent to the token, which gives the company or investor ownership with voting rights and qualification for dividends.
In highlighting the best ICOs, there is no sure-fire way of distinguishing the good projects from the bad ones. At CRYPTOTOTEM, we help our investors assess risk by systematically reviewing the objectives behind different offerings, using structured criteria.
What is the Ongoing ICO List?
CryptoTotem’s list of ongoing ICO projects is all you need to decide which tokens to buy. Our ICO list features a comprehensive breakdown of various cryptocurrency ICO reviews and ratings. Each ICO gives you a brief description of the project, how far it already is into the crowdfunding campaign and how much time you’ve left to buy coin or token of your choice. Based on various variables with the most important being potential for profit and quality, we rate our projects on a ten-point system. You can find all the ongoing ICOs and Token Sales of projects listed on CryptoTotem. We continually collect top-rated ICOs, as well as the ones that you should avoid.
What is the Pre-ICO list?
Pre-ICO is the new sensation in the cryptocurrency market. As it name implies, pre-ICO allows investors and companies to buy tokens “before” the crowdsale begins. Most times, these pre-ICOs generates smaller funds, and give tokens at much cheaper price and bonus. A pre-ICO that offers bonus of 40% or more compared to the ICO price is not all that uncommon. The capital target of pre-ICO sales is mostly lower than the real ICO launch.
Pre-ICOs use different smart contracts from the main launch. This prevents mixture of main ICO funds with Pre-ICO funds and to enable easy account audit and reconciliation. Several cryptocurrency projects use Pre-ICOs to garner funds to finance expenses that would be incurred on the main ICO. These expenses may include paid strategic recruitment, promo ads, and other costs to awaken and maintain the interest of investors. A pre-ICO is a unique opportunity for a quick profits, but it can affect the project’s credibility and appeal when a lot of tokens are at dips. Transparency is key for any ICO. In launching pre-ICO token sale, the money raised and the number of tokens issued must be significant and open to investors.
Use CryptoTotem’s pre-ICO list to find the best and top-rated pre-ICOs. Our pre-ICO list is one of our most exciting lists.
What is the Upcoming ICO list?
An ICO list keeps you updated with all the quality coins that will be launching soon. By “Upcoming ICO”, it implies that you will not be able to invest on their token sale yet, but they already have a good presence and community for their official token sale.
If one or more upcoming cryptocurrency ICOs on our list interests you, you are advised to whitelist in order to ensure you invest in their ICO and join their Telegram group. Whitelisting means you will be notified of the token sales before the general public.
Frequently Asked Questions
What does an ICO mean?
An Initial Coin Offering or Initial Token Offering is a type of project or startup financing that is conducted with the help of issuing coins (or tokens). Tokens are purchased by participants (investors) in return for an eligible payment instrument (e.g. fiat currency) or cryptocurrencies such as Bitcoin or Ethereum. The value of those tokens depends on the project viability and can grow far higher later. In terms of technical framework, ICOs are associated with Blockchain and smart contracts.
What is Blockchain?
Blockchains are decentralized and secure databases. This concept was introduced by mysterious Satoshi Nakamoto in 2008 and put into action as part of the cryptocurrency named Bitcoin. Basically, Blockchain acts as a public account book that keeps all Bitcoin transactions and allows distributing digital data so that not a single entry can be retrospectively modified. This technology can find—and already finds—use in various verticals including finance, real estate, health care, etc.
What is Smart Contract?
A smart contract is a computer protocol intended to ensure transparent performance of a contract, in digital form and with no third party involved. Smart contracts help negotiate, exchange valuable assets, shares, or money in a conflict-free way. The term was coined in 1994 by American cryptographer Nick Szabo. What constitutes the cornerstone principle of a smart contract is complete automation and accuracy of performance of contracts.
What is a White Paper?
A white paper is the main official document of a project participating in an ICO, STO, or IEO. Being a definitive guide, it may affect investors’ decision-making. The document helps readers tap into a problem and presents an intended solution to the described issue.
What is the difference between ICO and IPO?
An Initial Public Offering (IPO) is a process in which company shares can be openly purchased—this is how a private company can go public. The main difference is that IPOs are carried out for established companies while ICOs, usually, are endeavors of high-risk market newcomers.
Is ICO legal?
An ICO can be regulated by local law (e.g. corporate licensing). But, as long as tokens are distributed across different jurisdictions, ICOs cannot be limited to local issues. In July 2017, the U.S. Securities and Exchange Commission declared it may be entitled to apply the Securities Act to ICOs. Whether law is applied or not will depend on specifics of every particular case.
What is an STO?
An STO is, basically, a token offering by virtue of crowdfunding. Tokens can be underpinned by company assets (e.g. shares), dividend right, or voting right. A security token allows its holder to vote and is being regulated by the SEC. This limits the range of potential investors that are eligible to sponsor the instrument.
What is IEO?
An Initial Exchange Offering (IEO) is the process during which tokens or coins are being sold under the control of a crypto exchange. Just like ICOs, IEOs allow investors to get new tokens; the only difference is that, within an IEO, tokens are distributed over the exchange that has specific commitments associated with every project it supervises.
How do I find a good ICO?
Here’s the safest guide to finding the best ICO to engage in:
- Look at the projects listed on major platforms.
- Best ICOs have respected and trusted developer teams.
- Best ICO is venture financing.
- Community support.
- Scrutinize the White Paper.
- Read the Code.