2019 has brought a period of revival for cryptocurrencies and many crypto-related trends. Not only are the prices once again going up — with Bitcoin currently sitting close to $8,000, after experiencing a minor correction — but old trends such as ICOs are returning as well.
ICOs were believed to be extinct due to last year's crypto winter, investors' skepticism, and the crackdown by the regulators. With the hype reaching its peak in late 2017, the number of scams and bad projects has skyrocketed, thus causing a negative reaction. And, while token sales continued to live through STOs and IEOs, the ICO model itself was believed to be gone.
However, ICOs appear to still be alive and well, and their numbers are once again growing with the recovery of the crypto space. One of the most talked-about ICOs right now is Mycro ICO, which is currently still in its pre ICO phase.
Mycro is a project that aims to help people get in contact with potential workers or employees who have a job offer suitable for their skills. The project has developed its own app, which is perfect for finding a job in no time. With the job markets moving to the online world more and more with each passing year, a real-time job matching platform such as this one, could act as a massive gamechanger.
Of course, Mycro is not the first platform to offer something like this, but it holds huge potential to revolutionize the industry as it knows what the workers, as well as employees, value most. With a peer-to-peer network for simple jobs like this, workers and employees would be able to get in contact almost immediately, which will save time, and help people earn money much faster and with fewer obstacles.
Further, this would allow people from all corners of the world to get connected, no matter if they live in Downtown Manhattan, the surrounding area of Berlin, or a small village in Vietnam. As long as they have an internet connection — they will be able to use Mycro's platform to find work and earn a living.
Obviously, Mycro's platform will be powered by its newly-developed token, known as MYO. The token is designed to act as a utility, and its current price is 0.25 EUR per token. The project is based in Germany, and in order to participate, investors will have to go through a KYC procedure.
MYO is developed on Ethereum's platform, which makes it yet another ERC-20 token. In addition, that also means that it can be obtained in exchange for ETH coins. It comes with a bounty and a bonus, and it has a soft cap of 1,500,000 EUR, while the hard cap sits at 14,000,000 EUR.
Unfortunately, the token sale does come with restrictions, which will prevent the USA and North Korea-based investors from participating. On the other hand, anyone not located in these regions is allowed and welcome to join the token sale. As mentioned, the project is currently in a pre ICO phase, which started on December 1st, 2018, and will end on May 30th of this year. In other words, there are about eight more days left, and after that, the ICO will officially start.
Those interested in participating should use the opportunity to learn more about the token from its website and white paper before committing to it, as it is always best to know what you are investing in. This way, investors will be able to avoid potential scams, save money and time, and prevent a lot of issues.
Founded: 2019, Germany
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