ICOs Can Be Good Investments in 2019

May 13, 2019

ICOs Can Be Good Investments in 2019 - Here's How to Spot the Right One


It seems that 2019 is not going to be kind to ICOs, and with what has happened in the last 12 months, many think this isn't such a bad thing. The bans and scams that have plagued the unique form of fundraising in the latter half of 2018 seem to have taken the wind out of the sails of ICOs.

The market has been changing for quite some time, with the first half of 2018 raising three times as much as the second half of 2018. That being said, some ICOs in the last ten months have stood out and gotten the attention of the crowd. That, combined with STOs and IEOs have added an entirely new dimension to the investing side of cryptocurrencies.

A few select companies with great fundamentals, solid brand names, and active userbases have managed to do well in spite of the market, which shows that good ICOs can still be found if you know what to look for and prepare yourself accordingly. Let's take a look at what ICOs have stood out and what you need to look out for to make money from ICOs in 2019.

Learning a TON: What the Telegram Open Network ICO showed us


Telegram is a messaging app much like Whatsapp and Viber. Where it differs though is in its core principles. The app is based on an ethos of privacy and decentralization applied to internet communication. It has held one of the best ICOs of all time where the company managed to raise $850 million during April of last year.

That was not their first offering, but their second and the total money raised sits at close to $1.7 billion. This company is the perfect example of how to leverage users, your brand and a solid business plan that makes sense to stand out from the crowd. It will help when analyzing another, more recent ICO and finding similarities so that your investment is worthwhile.

Chelle Coin comes in at a bad time


Chelle Service Capital released a coin that is named, in a fit of creativity, Chelle Coin. That lack of creativity is definitely called for as it shows that the company is confident that its brand will shine through thick and thin. It is backed by North American True Estate (NATE) and is developing a platform for real estate investment on Ethereum.

The pre-launch of their ICO was in Q3 2018 which was not a great time to have a pre-launch, but by the end of the ICO, they had managed to raise a respectable $80.2 million. If anything, this proves that there are still great ICOs that can be found. In this particular case, you have a company that has solid backing by an industry veteran in NATE, with a robust business plan and a team that includes members that will be able to bring their product to market.

Looking at the industry-relevant partners, and the wider industry as a whole is an important aspect of ICOs post-craze. A real estate management platform is a phenomenal use of blockchain technology. It is also in an area that needs shaking up.

If Chelle was looking to step on the toes of an incumbent operator such as Airbnb, then it would be a different story entirely. They are not looking to compete in a market that has been all but cornered; they are looking to add value in a market that has been crying out for a relevant solution.

ICOs in 2019


So while ICOs might have fallen down the pecking order of investment "must-haves" recently, they are not dead. You just need to make sure you are doing proper due diligence and not just going with "gut feeling".

Author: Ali Raza for: Crypto-Rating.com
Share
Pin
Send
Share
Share

Related Crypto Market Materials




Top 10 upcoming ICOs

Rating Days, left
SerenitySource 5 26
IdeaFex 4.9 13
Curate 4.9 80
AssetStream 4.9 179
Ledder 4.9 210
Tixl 4.8 27
BitWings 4.8 118
WEARVR 4.7 26
Arena Match 4.7 78
PrepayWay 4.7 88

Rating

Top 10 Crypto Brokers

Rank Status Broker
1 FIBO Group information
2 XM information
3 OctaFX information
4 Orbex information
5 easyMarkets information
6 LH Crypto information
7 USGFX information
8 FOREX.com information
9 LiteForex information
10 Admiral Markets information

Rating

Top 10 Cryptocurrencies

Price, USD 24h 7 days
Bitcoin 9 583.280 0.89% 4.68%
Ethereum 240.080 2.58% 15.77%
Tether 1.000 0.25% -0.24%
XRP 0.204 1.40% 3.26%
Bitcoin Cash 250.590 1.26% 7.48%
Bitcoin SV 195.870 0.42% 4.78%
Litecoin 47.540 4.35% 8.75%
Binance Coin 17.450 2.04% 5.93%
EOS 2.690 1.37% 5.49%
Cardano 0.085 10.32% 53.30%

Rating

Top 10 Crypto Exchanges

Volume 24h, USD Change 24h
Binance 5 593 424 014 -33.65%
Huobi Global 4 833 769 572 -41.03%
TAGZ Exchange 3 485 560 734 11.50%
OKEx 3 405 626 518 -33.30%
EtherFlyer 2 845 993 652 -37.23%
Biki 2 343 493 769 -13.10%
BKEX 2 151 089 585 -18.10%
ZBG 2 116 830 004 -4.60%
BitMEX 2 104 830 001 -39.11%
PayBito 2 034 587 657 -23.18%

Rating