Let me start with haiku which is a stuff furled ;-)
Bitcoin is on the floor,
Ethereum is torn.
But nobody wants to dump the crypto,
Cos’ exchange-rate correction is up to!
I hope that you are quite well-versed in terms of crypto, Blockchain and ICOs so the word ‘tokens’ would not come as a surprise to you. Still you may be doubtful as to whether buy tokens now or not. That is why I have come up with 5 main reasons for doing so — as fast as you can.
There is always a slim chance — to the very least — your tokens’ value will rocket in dependence to the growing popularity of the company. The one you have decided to invest in.
As a rule, any popular cryptocurrency is available for exchange when it comes to a token purchase. It means that any person with a crypto wallet of their own can partake in an ICO on a fly. Alternatively, the ones who do not have such a wallet yet are often offered to acquire one right before signing for an ICO. A short and clear instruction can be found on companies’ sites and elsewhere on the Internet.
Moreover, as soon as the ICO comes to end, you can sell your tokens and get any other currency available on the market — in exchange.
Buying tokens of a chosen company could be a good and easy way to invest in the sphere or industry you find worthy and thus influence its further development.
According to recent stats, the proportion of ICOs or other Token-generation-related events has turned up to be 3 times higher than the VC share on market. In actual fact, it does not matter whether you call a such-like occurrence an ICO, ITO or TGE — just make sure it is not an IPO, which makes a big difference.
Those of you highly meticulous about exact figures would be interested to know that it is $797m for crypto capital compared to just $235m. This data relates to Q2 of 2017 and now the aforementioned figures as well as the gap between ‘fiat capital’ and ‘crypto capital’ may have increased.
- Most ICOs are poorly or not at all regulated by official institutions and do not obey legal authority. There is usually only Blockchain technology at their core to provide self-regulation, security and transparency. However, there may be exceptions so you need to find out if your preferred ICO is really out of the financial-regulation scope.
To cut it short, there exist obvious reasons for any Internet user to participate in an ICO of a chosen start-up. However, one always needs to keep in mind that thorough market research and at least a tad of financial analysis are strongly recommended. And these need to be done BEFORE you decide to opt for a specific company. And ultimately purchase a certain number of their utility tokens.
Also I advise that you do not neglect social responsibilities of the company you choose. Despite social policies being a must-have for any business to-date, in reality few entities can boast of having a decent mission.
Fortunately enough, we in SELFLLERY are among these rarities. Not only do we present a comfy Blockchain-based platform for visual-content monetization but also we crave for changing people’s mindsets all over the globe — by promoting an idea of all-round charity.
By the way, you have some time left before the end of our ICO http://tge.selfllery.com/
I will be more than happy to see you in our midst. So go and get your bunch of tokens — and become part of SELFLLERY!