|Since they originally appeared almost 11 years ago, cryptocurrencies have been promising a change that would make the world a better place for everyone. They offer a number of benefits over traditional finances, including lower transaction fees, decentralization, as well as the ability to reach everyone, whether or not they have access to the bank.|
|Start||April 1, 2019|
|End||July 31, 2019|
ICO description, Technical Details and Documents
The ICO model is back, and it is getting stronger with each new day, as well as each new token that enters the market. The crypto prices are reaching the old heights once again, and while the market is not seeing nearly the same amount of hype as it did in 2017 — there is still quite a noticeable amount of excitement, particularly among the new investors.
When it comes to the new investors, they are all too happy to invest in anything, as many of them did not experience the losses seen in 2018. However, the old investors remember them all too well, which is why many are still cautious about new tokens.
Even so, there are many new ICOs announced, and while some are seeing more hype than others, all are likely to raise quite a bit of money, as optimism continues to climb, mirroring the prices of existing digital currencies. One ICO announced to arrive in the future is Hivemind ICO.
Hivemind is a P2P Oracle Protocol which collects accurate data, storing in in the blockchain, and allowing participants to use it and try to make predictions about the future of the crypto market. It aims to become the ultimate crypto performance library, with constant fresh updates, and accurate data.
As such, it holds the potential to revolutionize the emergence and diffusion of knowledge in modern society.
Users will be able to use BTC to create and participate in markets for event derivatives, also known as prediction markets. In theory, the project holds the potential to bring a lot of world-changing implications for taxation, science, corporate governance, politics, and more. It is a complex protocol, but with a clear goal of bettering the future of information collecting and distribution, and thanks to the blockchain — it will also feature transparency and accuracy.
While the project may seem quite interesting, we are sorry to say that there is barely anything that is currently known about its ICO. The ICO was announced, that much is known, and it will be developed on Bitcoin's blockchain, as a sidechain.
In addition, the token's ticker will be HIVE. Apart from that, nothing else is known about the project at its time, indicating that the ICO is still some way away. The time of the ICO is not known, the country remains unspecified, and there is still a major lack of other details, including the hard and soft cap, and alike. It is known that HIVE will act as a utility, and since it is being developed in the Bitcoin ecosystem, it will likely be obtainable in exchange for BTC, and maybe other coins in the Bitcoin family.
However, investors interested in such a project should keep an eye out for additional details, as they are bound to come out eventually, likely in weeks or months to come.
* Crypto Rating accepts no liability for any errors in the Hivemind ICO information and Rating. For the most up-to-date information please visit the ICO's official website.
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