Today is Friday and it's time to determine whether projects successful or not. We'll look at 5 ICOs which are ending today and will analyze their performance and results. Alongside with that I'll provide you with an expert opinion, collected after internet survey, about each mentioned project.
Short Intro
Sometimes I hear that ICO boom has passed and its not attractive and interesting to invest in ICO anymore. Several people told that it's time for "Forks" and best investment is to send money from one coin to another in accordance with upcoming forks. It sounds reasonably and surely, there're a lot of people who is doing like this, but passed ICO boom doesn't mean the end of the industry.
ICO mechanism has created an entire ecosystem where we have an idea, those who launch the project, those who advertise it and so on. Many people became involved in this market and it grow and mature. Of course it's not the same like it was on summer when almost any project raised necessary funds in 1-2 weeks, but now investors read more carefully and search deeply before invest into the projects, launching ICO. Only interesting projects are raising funds today and it's great!
We've got 4 ICOs and there're 3 who reached their target and 1 totally failed. We'll start from best performed ICOs
1. NAGA ICO
It was one of the most advertised ICO I've seen before. Company behind this project is already well-known and even listed at Frankfurt's stock exchange. Anytime when you see such aggressive promotion you think that it's some sort of scam, but I've checked all, declared, information by myself and was pleased to know that it all the truth.
NAGA is developing an ecosystem which will serve customers all around the world.
- NAGA wallet will provide clients with an ability to exchange fiat for cryptocurrencies and back.
- SWIPESTOX tools for crypto traders with an integrated analytical module
- SWITEX marketplace where everyone can buy or sell digital goods.
Attractiveness of the project is proved by raised amount:
2. ILCOIN ICO
First of all ILCOIN is a new cryptocurrency with an implemented SHA-256 encryption technology. That's make this project special and interesting to people who is looking where to invest some capital, own blockchain makes them even more attractive for masses. It's not dependent on the present banking system. It has its own independent value. There are 2.5 billion ILCOIN available and declared audience is around 80 000 people.
3. MediBloc ICO
MediBloc is a decentralized healthcare information ecosystem for patients, healthcare providers and data researchers, built on blockchain technology. MediBloc provides data I/O control(core) and interfaces(service) for 3rd party applications & services. On top of MediBloc platform, all kinds of services using medical data can be implemented.
Our life is complicated, and medical questions will arise more often, so projects within the industry will have success in the long term period. Many great examples exists currently and a lot will come up. It uses Qtum blockchain and should be the first blockchain-based medical industry project and people believe in them. It shown at the field:"raised funds".
4.MilkCoin ICO
That's our worst and last for today, performer. As it was expected, by myself, agricultural ICOs are not popular and hardly to reach any goal, even small once like it was in MilkCoin. Their ICO will be finished in almost 2 hours and for now they've got only 66 ETH out of 3300 ETH planned.
Idea of using blockchain in agriculture is good but for now we don't have any stable product or even acceptable vision on the implementation. That's why they're not successful and hadn't reach even SoftCap of their ICO.
So, that's what we've got for today. Next day will be new projects and we'll be in the epicenter of events. You wanna argue about our opinion for the projects? You're more than welcome to ours most democratic Telegram Chat! I promise that you won't forget that discussion and will understand why do we call ourselves ICOGuru!
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Keep on doing posts like this :) very informational for a guy like me. Thanks!
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Will do! Thanks for feedback!
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