How tо spot a great ICO

What is Initial Coin Offering (ICO)

An unregulated means by which stores are raised for another cryptographic money wander. An Initial Coin Offering (ICO) is utilized by new companies to sidestep the thorough and managed capital-raising procedure required by financial speculators or banks. Additionally called an Initial Public Coin Offering (IPCO).

BREAKING DOWN ‘Initial Coin Offering (ICO)’

When starting a cryptocurrency firm they need to raise money through an Initial Coin Offering (ICO), it usually creates a plan in a technical document that defines the project, the needs that the project will eventually meet. , how much money should the company start, how many virtual tokens will be managed by project pioneers, what kind of money will be accepted, and how long the ICO campaign will last. During ICO campaigns, enthusiasts of the company buy some crypto coins with fiat or virtual currency. These coins are known as tokens and are similar to the shares of a company that is sold during an investment during an initial public offering. If the money raised does not meet the minimum amount required by the company, the money is donated to sponsors and the ICO is deemed to be unsuccessful. If the funding needs are met within the prescribed time limit, the money collected is used to start or complete a new system.

The first investors in the operation are usually motivated to purchase crypto coins in the hope that the plan will succeed after the launch, which can result in a higher value of the crypto-coin than they bought before the project began. A successful example of an ICO project that is beneficial to early investors is the smart platform called Ethereum, which Ethers has as its coin tokens.

 

Although there are prosperous ICO transactions on record and ICOs are poised to be disruptive pioneering tools in the digital age, investors are warning that some ICO or crowdsale campaigns are actually fake. Since these fundraising activities are not regulated by financial authorities, such as the Securities Exchange Commission (SEC), funds lost as a result of unauthorized initiatives cannot be reimbursed.

Tips to spot a good ICO іn the сrурtосurrеnсу wоrld

Sо with thаt in mind I wаnt tо роіnt you іn thе right dіrесtіоn ѕо you саn mаkе уоur own dесіѕіоn.

Wіthоut furthеr ague, hеrе аrе ѕоmе tірѕ!

  1. Prоblеm-Sоlutіоn:

Allоt of tіmеѕ thеrе’ѕ a problem and when thеrе’ѕ a рrоblеm thеrе’ѕ a gар cause thеrе needs tо bе a solution tо thе problem.

Many ѕuссеѕѕful соіnѕ offer a solution tо a proposed рrоblеm. Take Mоnеrо that solves thе problem of рrіvасу wіth bіtсоіn.

Lіtесоіn оffеrѕ fаѕtеr transactions and lower fееѕ. If уоu ѕроt аn ICO thаt hаѕ a сlеаr рrоblеm аnd solution proposition then you’re іn the money, thе bіggеѕt рrоblеm іѕ out оf thе wау. Thе buѕіnеѕѕ has a сlеаr gоаl whісh is ѕоlvіng thе рrоblеm.

  1. Tеаm:

The business has a сlеаr goal which is solving the рrоblеm аnd nоw thе tеаm needs to realize іt. Yоu wаnt tо be sure thе team уоu will be vоuсhіng fоr bу investing іntо their coin іѕ оnе that іѕ there to ѕtау. You wіll want tо mаkе ѕurе thеу аrе еxреrіеnсеd hаvе proper сrеdеntіаlѕ and can be found оnlіnе рrеfеrаblу wіth LіnkеdIn рrоfіlеѕ. Dо thеу hаvе рhоtоѕ роѕtеd? If so then Gооglе search those іmаgеѕ tо make ѕurе thеу аrе who thеу ѕау thеу аrе. If they do nоt hаvе photos then that’s a bіg rеd flаg аnd роѕѕіblу a ѕсаm. Of course, thе team muѕt hаvе vision, thеу can’t juѕt wаlk аwау frоm thе project whеn it gets tough.

Iѕ there аrе proper mаrkеtеr? Sоmеоnе оn the PR whо knоwѕ whаt thеу аrе doing gіvіng a hеаlthу amount оf рublісіtу.

I’vе seen аllоt of gооd соіnѕ wіth dеdісаtеd teams but they аrеn’t exposing thеmѕеlvеѕ frankly саuѕе thеу lасk thе еxреrіеnсе аnd thuѕ thеіr соіn never tаkеѕ оff аnd thе hаrd wоrk is аll for nothing.

  1. Professionally, Whіtерареr & presentation.

Allоt of реорlе dоn’t rеаllу wаnt to lооk аt whіtерареrѕ but thіѕ is vеrу іmроrtаnt as it offers crucial insight into whether thе tеаm hаѕ dоnе іtѕ rеѕеаrсh оr lасkѕ knоwlеdgе оf thе market thеу wаnt tо tаkе оn. I’ve ѕееn countless оf еxаmрlеѕ оf thіѕ аnd еvеntuаllу thеу overestimated the target аt hаnd аnd have tо ѕtаrt аnnоunсіng the рrоjесt hаѕ tо bе ѕtорреd, tеаm members ѕtаrt lеаvіng аnd thе соіn сrаѕh.

Also does іt gіvе a рrореr professional lооk? If there’s аn ICO that’s gоіng to deal wіth thе fіnаnсіаl іnduѕtrу dоеѕ іt also rерrеѕеnt іtѕеlf thаt way? Dоеѕ іt kеер іtѕеlf рrоfеѕѕіоnаl аnd businesslike? Or is іt more a dogecoin whісh саn аffоrd іtѕеlf tо аnd wоuld also bе healthy tо act a lіttlе silly ѕhоwіng a doge іn a rocket hеаdіng out for thе mооn on the homepage.

Iѕ thе site groomed has thеrе been allotted оf thоught іntо thе detail аnd make-up fоr a ѕіtе? Or іѕ іt just a ԛuісk knосk оff dоnе іn аn hоur, dоеѕ it instill соnfіdеnсе аnd truѕt? Or mаkеѕ you want to run? Iѕ іt uѕеr frіеndlу?

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Five ways banks are using blockchain

  1. Removal and liquidation this is not the most attractive banking sector, but a complex network that records loans and securities that cost investors billions of dollars in investment banks. Accenture estimated that the largest investment banks could save $ 10 billion in blockchain technology to improve the efficiency of clearing and settlement. Richard Lumb, head of the financial services consulting firm, said: “First, we see how it affects home cleaning, such as Deutsche Börse, the Australian Stock Exchange and the Depositary Trust & Clearing Corporation [DTCC] He. Adds: “Today is the running of a large number of messages and manual tuning, there is a great opportunity for the blockchain to seriously restructure this industry.”

 

One of the best examples of this restructuring, Australian Securities, which aims to transfer much of its reward and settlement after settlement to the chain block system. The project is implemented by Digital Asset Holdings, a company led by Blythe Masters, former director of JPMorgan Chase.

 

  1. Central bank payments around the world are investigating the possibility of transferring part of their payment systems to a technology block or even for launching a digital currency. This is partly a response to the challenge that independent cybercriminals like bitcoins can pose for their control of monetary policy. It also shows how the central bankers are aware of the possible advantages of technology for the payment system.

 

 

  1. Finance trade finance is still largely paper-based, such as the shipment of notes or letters of credit, sent by fax or post office in the world, and many bankers seem to require modernization. Many believe that blockchain is an obvious solution, especially since many parties need access to the same information.

 

  1. Identity

Confirmation of clients and contracting parties is vital to the bank. Without this, lenders would quickly lose the role of trusted custodians of civic money. Regulators are banks responsible for checking that buyers are not criminals or illegal actors, and they are fined if they are wrong. For years, banks have been trying to set up a common digital tool to capture customer identity and update them. They failed to find the right formula, defeated by the contradictory requirements and the problem of responsibility. Some believe Blockchain can offer a solution for cryptographic protection and the ability to share a constantly updated record with many components.

 

  1. Trade Unions

When a US UU collects money through a syndicated loan, the average bank lasts 19 days to settle the transaction. When the loan between banks changes or the borrower pays for the loan, much of the communication is still done by fax. Emmanuel Aidoo, Head of Block Chain at Credit Suisse, said, “This is an area that has not been much innovation.” Credit Suisse is one of the 19 financial institutions that formed a consortium, in collaboration with Synapse, to start syndicated loans in block systems.

How do I Get Started in Blockchain Development?

Blockchain is an infrastructure technology, which means it will be the base for other software such as web and mobile applications.
Fortunately, as technology becomes more popular, the tools and applications that make it easier to use grow numerically.

As Open Source Projects, the popular block of source code is available for reuse and customization. Participating in projects and various actors requires experience with GitHub, where developers share and discuss their code.

Since most of these projects have been advanced in C++, having solid understanding of the language is almost fundamental. However there are libraries available in easier programming languages and platforms. Here are a few resources to help you get started:

Since most of these projects are developed in C ++, through knowledge of the language is almost essential. However, libraries are available on simpler platforms and programming languages. Here are some resources to help you started:

  • If you are a web developer, this long published publication The Marmelab Blog will help you understand the dynamics of technology. No less lasting extension offers a concrete example in Solidity, a language similar to Javascript.
  • If you are a C # developer, Blockchain programming in C # is a free and detailed book that helps you get started with blockchain programming.
  • DApps for Beginners is the blog that you introduce into a decentralized blockchain in decentralized applications. The platform requires knowledge of JavaScript, but knowledge of C ++ also helps.
  • IBM Blockchain 101 is a good source for developing blocking learning. It mainly focuses on IBM’s Blue mix platform and Hyper ledger Fabric coding with Go and Java, but basic knowledge can also be applied to other platforms.

Benefits of starting your own cryptocurrency

When you look at the complexities that go into making a physical dollar bill it is plain to see why most people do not start trying to print a new type of currency every day, but making a new digital currency is astonishingly easy for someone with even basic coding skills. However, coding is not the only step to getting your digital currency off the ground. While crypto currencies such as Bitcoin are relatively top in the market, there are still opportunities for new players to enter the scene and make good money. These opportunities will not last forever, though – as a market matures, it gets harder for new players to successfully enter the game and make money from it.

The early adopters of a popular currency make a huge profit. They get to mine the currency with very low competition. Of course, knowing this, many people have created their own currencies. Most have never caught on; to be successful, you either need to be first (Bitcoin), or you need to be the best, by including new features that other cryptocurrencies do not yet support.

Here are few benefits you will enjoy by starting a own crypto currency:

 

Independence and flexibility

Starting your own Cryptocurrency means you’re the boss! You will have more freedom and independence working for yourself; you take all decision prior to technical knowledge to develop your best practices approach to branding a digital currency. Being your own boss means you can work when you work best which should result in you being far more productive. It also means you can work where you want as well, so if you love travelling, you could spend some time to reach an audience that may be looking for a new way to pay for goods or services.

 

A sense of pride

There’s nothing better than building your own successful digital currency. Making your dream a reality, and knowing that all your hard work has finally paid off is a great feeling and is worth the stress and long hours it took to get there. There are also ways in which you can gain validation from professional bodies that sets you apart from your competition and intrigues your target audience. Just knowing you are in the small percentile of startups that made it past the first year is a great accomplishment.

 

Financial rewards

Developing your own currency means that you are going to reap directly the benefits of your online payment platform positive financial performance. For example, as a CTO for an online payments podium, the advance of your own digital currency can be of benefit to small business customer base and set you apart from other payment processors.

This is a great motivating factor, as it means you are 100% committed to the success of the platform and cannot just sit back and coast. In addition, you will have control over the payment process because you will have built the actual currency in use and know everything about it rather than relying on any third-party provider.

 

Never doing the same job

When you first start your own currency, you will be going at it alone, which means you will be head of every department, from HR to finance. Having so many different jobs to do will help to keep you on your toes and stretch your abilities to the maximum. If you are someone who does not like doing the same job every day of the week, then the variety involved in running your own digital currency may really appeal to you.

 

Choosing your own team

When you are working within a big team, there is a chance there will be someone is compatible with your style. A certain skill level is necessary to create your own cryptocurrency brand. You will definitely need some technical personal on your team in the form of a developer that has some working knowledge of how digital currency works, and the blockchain technology behind it.

When you have your own currency, you do not have to worry about this, as you will get to handpick your team. If you surround yourself with positive and competent people, everyone will benefit and it will be easier to move the business forward.

Bitcoin Cash Price Technical Analysis – BCH/USD Struggling below $1800

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Key Points
• Bitcoin terms created a draw back move recently and listed below $1800 against the U.S. dollar.
• There could be a new connecting pessimistic line forming with resistance at $1650 on the hourly chart of BCH/USD (data feed from Kraken).
• The try must move higher than the $1650 and $1700 resistance levels to achieve side traction.
Bitcoin terms listed below the $1800 and $1700 supports against the U.S. dollar. BCH/USD is probably going to stayin an exceedingly downtrend as long because it is below $1700.
Bitcoin terms Decline
There was a gentle decline noted in bitcoin terms from the $2000 swing high against the U.S. dollar. the worthdeclined and touched below the $1800 and $1700 support levels. It even bust the five hundred Fib retracement level of the last side leg from the $1350 low to $2132 high. It opened the doors for a lot of losses and therefore the valuelisted toward $1500.
A low was fashioned at $1503 and therefore the value is presently correcting higher. it’s testing the twenty three.6% Fib retracement level of the last decline from the $2125 high to $1503 low. there’s additionally a replacementconnecting pessimistic line forming with resistance at $1650 on the hourly chart of BCH/USD. a prospect higher thanthe line resistance at $1650 is required for patrons to achieve management. higher than $1650, successive major resistance is at $1800 and therefore the a hundred hourly straightforward moving average. it’s additionally the five hundred Fib retracement level of the last decline from the $2125 high to $1503 low.
Therefore, a prospect higher than the $1800 resistance would be an honest positive signal. On the draw back, the $1500 level could be a major support and should hold to avoid more declines.

Looking at the technical indicators:

Hourly MACD – The MACD for BCH/USD is struggling to move back in the bullish zone.

Hourly RSI (Relative Strength Index) – The RSI for BCH/USD is recovering higher toward the 45 level.

Major Support Level – $1500

Major Resistance Level – $1650