Considering the weekly ICO thread is ridiculously difficult to navigate through, I figured I’d summarize this week’s ICO thread before the next one goes up. I’m only including ICOs who have raised under 80-100 million USD (ideally in the 10-40 million range), as this seems to be the sweet spot where you actually have room to see decent gains.
Request Network - By the time I’m done writing this post their ICO is likely to be finished. However, this project is definitely pretty promising and raising a reasonable sum of money to accomplish what they’re setting out to do. It was also mentioned so many damn times in the ICO thread that I can’t possibly leave it out of this post. Quoting people from that thread, this ICO could likely be a homerun - and I agree that there’s massive potential here in both the short-term and long-term.
EnjinCoin - ICO is just about done. These guys know what they’re doing, and their coin actually has a use. They’re a well-established community with strong backers, and they’re raising 25 million in their ICO which is reasonable compared to other projects. The gaming market is huge and no project has really tackled it yet, so Enjin has potential to be one of the pioneers.
Upfiring - ICO is happening now. This app could really change P2P file-sharing. They’re incentivizing seeders, which is something that doesn’t currently exist. Similar projects like Filecoin are valued at 15x-20x Upfiring’s ICO price, so really nice potential for returns if successful due to the very low market cap.
Ripio - ICO on October 24th. They were mentioned a couple times in the ICO thread, and they’re also an existing company which is a nice plus. It’s a credit network that facilitates lending between two peers using smart contracts. Really cool concept, imo.
Grid+ - I was hesitant to mention this project due to the nearly 100 million dollar market cap, but that 64-page white paper and massive partnerships shows that this could be one the really big projects in this space in the coming months. It’s also an interesting concept and there aren’t any energy blockchain startups that have been as big as this one yet.
Airswap - Honorable mention to this one as the ICO is over now, but it’s another decentralized exchange. Still could potentially be successful, one to watch out for when they launch.
Cindicator - ICO just finished, started trading already. Heard there have been issues with the Telegram though.
Considering ICOs are still largely profitable if you find the right ones (raising millions in hours in some cases), I think it’s beneficial for us to discuss them openly here. Feel free to suggest or de-suggest more projects and I’ll add/remove them from this list as necessary.