It's all about the idea
Very few of the existing ideas for ICO are really interesting, otherwise the laws of the market would be an empty sound: the ratio of effective investment projects to potentially unpromising is 1: 100.
The point is not that most developers have a bad idea, but that there are too many “innovative” ideas around.
Another huge drawback of ICO is not enough in-depth market research. In other words, the organizers are not looking at whether someone needs their project at all or whether there will be a demand for it. That is why the profit of projects that go to ICO is not enough to cover current expenses.
Therefore, really promising ICO-projects, which are based on unique ideas, are now worth their weight in gold (and even more). And, as a rule, they attract the attention of potential investors. It is noteworthy that in the 2018 year, ICO-projects moved away from the sphere of increasing financial efficiency (for example, cryptocurrency exchanges) - specialization has become much wider. Here are the best, in our opinion, 2018 startups of the year.
Blockcloud
What do they offer?
Blockcloud wants to be a scalable solution for the growing Internet of Things (IoT) industry with an integrated reward system for users, service providers and miners.
The Blockcloud team plans to use a service-oriented network (Service-Centric Networking or SCN), which can be attributed to the concept of Web-3.0 technology, based on using the name of the service instead of the address of the web resource. With the introduction of the blockchain, this platform will ensure the secure connection of network providers to user devices.
What are the benefits?
Due to the fact that demand in this industry is gaining momentum and more and more devices are communicating with each other, scaling the scope of IoT can be a very effective solution.
What does the community say?
Another important reason to pay attention to this platform is the location of the project participants of the market and its well-developed community. At the initial stage of the ICO project received a lot of good reviews from Internet users.
What about the money?
Argument “for” the proposed blockchain architecture is the volume of attracted funds - this is one of the main indicators of the project prospects. The plans were to collect 15 million dollars in eight days from 11 to 18 in October 2018, and the goal was achieved without difficulty.
Scorum
What do they offer?
The Scorum platform is aimed at serving sports fans to enable them to earn real money. However, users must first bring their rating to a certain level in order to then receive the local currency (convertible into Fiat) for particularly interesting comments, photos and other original content.
The platform has its own analytics tools for making forecasts. And, of course, a full range of opportunities for reviewing sports broadcasts. Blockchain technology has allowed to introduce market principles in the process of forming points, due to which authors of comments on publications receive rewards. This platform allows you to participate in creating your own media space.
What about the money?
Scorum collected a fairly modest amount of 5,63 million dollars during the sale of tokens in January-February 2018, which amounted to only 33% of the planned 17 million dollars, but did not affect the development of the platform and its launch.
The market capitalization of Scorum Coins, according to CoinMarketCap, currently amounts to almost 6 million dollars, which can be considered as a good sign.
BRAVO
Who are they?
The Bravo Group was founded in 2014 by participants of the Startup Battlefield at the TechCrunch conference, Maria Luna and Dr. Hector Rodriguez. The main idea was presented at TechCrunch Disrupt in San Francisco in September 2015, and won the audience award.
What do they offer?
BRAVO was developed as a revolutionary solution in the anonymous mobile payments industry. BRAVO plans to introduce blockchain technology and tokens to ensure anonymous and secure transactions worldwide with a minimum commission. Currently, BRAVO is a live application with a large audience.
When using the BRAVO application, you can access assets using a simple PIN code, no need to use keys. The main function is the payment of commissions, debts and transfers of other payments. Funds can even be sent by third parties.
What is special about it?
BRAVO is one of the few ICO-projects with a truly well-developed business solution. In 2017, the project began to introduce blockchain technology. After ICO, in the third and fourth quarter of 2018, the main version of the platform will be presented. Testing of the blockchain wallet will be completed at the end of the year, and the remaining functions will be integrated in 2019.
The company has repeatedly noted that the development of applications is carried out in close cooperation with users, that is, all the basic needs of consumers are certainly taken into account with the constant introduction of relevant updates.
Other projects worth seeing
Zilliqa
The cost of the token of a decentralized platform for hosting applications with data segmentation increased by more than 1800% after ICO. Its market capitalization is 265 million dollars.
Keplertek
The project is developing an international ecosystem for the development of the production of artificial intelligence (AI) and robotics. The project involves its own and partner research laboratories, technology parks and other enterprises and online platforms for collaboration between developers, investors and users from around the world.
Bluzelle
This is a database for those who, at the professional level, develop decentralized applications that facilitate the functioning of the blockchain network nodes.
KILLER WHALE
Open banking platform designed for users working with cryptocurrencies. It is an easy-to-use tool that is easy to customize for specific user needs. It will be indispensable when performing operations with cryptocurrency for both beginners and people with extensive experience in the cryptosphere.
SELFKEY
Personalized identity management platform. It tracks the data registered in the system of documents and on their basis generates keys for registration in third-party applications and services.
Conclusion
The goals of 2018’s most promising ICO projects are very diverse and cover completely unexpected interests.
We must not forget that startups using blockchain technology are an extremely expensive undertaking. For their full launch requires a lot of sophisticated equipment, free space and qualified professionals. Because of this, a commission is formed for each transaction performed.
Any subjective assessments of these projects are useless, the demand for them will be evaluated by the market: if users show enthusiasm for using the resources of a particular platform and are willing to pay a blockchain commission, the project is doomed to success.
Now you need to keep in mind only one thing: the most promising ICO 2018 of the year is not those that offer extravagant and innovative services, but those for which users will not spare money.