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🕵️‍ ICO Watch
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Top 10 ICO Market Successes: Past ICO Review

  • Eric Eissler
    🕵️‍ ICO Watch

    Not all ICOs fail! Here is a look at some of the most successful ICO companies

Top 10 ICO Market Successes: Past ICO Review
Cover image via u.today

The ICO market has been filled with failures, scams, hacks, and plenty of other negative press. Let’s take a look at the brighter side of things and review some of the biggest successes to come out of the ICO frenzy. The method used to determine successfulness was based on initial ROI for tokens, combined with how well the technology has been received in the market.

EOS

Out of the many ICOs that fail, EOS is not one of them. The ICO raised some $700 mln during the first phase. The most recent reports indicate that the ICO raised 5,148,884.15 ETH, that is more than $2.833 bln, or 5.2 percent of all ETH currently available. That makes EOS the largest fundraising ICO to date! The technology is solid and has made it easy for cross blockchain compatibility with Ethereum; just copy and paste the code. EOS is attempting to usurp Ethereum as king of the smart contracts and business Blockchain. Watch out!

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Stratis

In a similar fashion, Stratis is competing for the Ethereum market with a similar technology. The most profound division between Stratis and Ethereum is the fact that it uses C# for Microsoft’s .Net framework to write the smart contracts. With Ethereum, programmers need to contend with the programming language called Solidity, which has been a challenge for some programmers. While it might not seem as cool as Ethereum, the programming pool of .Net developers is around 6 million worldwide, which could be an adoption benefit for older companies.

NEO

Once known as Antshares, China-based NEO is like many others trying to improve upon the smart contracts Blockchain model. What sets it apart from the rest is the fact that is is attempting to develop a smart economy that digitizes assets and creates a proof of ownership model. On a side note, NEO tokens cannot be subdivided; the smallest amount of NEO is one NEO and nothing less.

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ARK

ARK provides users, developers, and startups with innovative Blockchain technologies. It is attempting to create an entire ecosystem of linked chains and a virtual spiderweb of use-cases that make ARK highly flexible, adaptable, and scalable. Ark is creating an ecosystem that is unified, with the underlying goal of making Blockchain more accessible to the world by employing SmartBridges, alternative programming languages, push button deployable Blockchains, which all, in turn, make it easier to use Blockchain and make it more accessible to everyone.

LISK

Again coding and programming are a main factor that sets LISK apart from the others. The programming code is essentially Javascript, which is what most of the web runs on these days anyways. Why confuse developers with Solidity? Furthermore LISK runs side chains alongside the main chain. Sidechain solutions are either a single Blockchain or private Blockchains. Lisk strives to offer the best of both worlds–mainchain stability and security while allowing side chains to have unlimited flexibility in terms of development, networking and asset tracking.

Komodo

The Komodo Blockchain platform uses Komodo’s open-source cryptocurrency for doing transparent, anonymous, private, and fungible transactions. They are then made ultra-secure using Bitcoin’s Blockchain via a Delayed Proof of Work (dPoW) protocol. What is dPoW? It is a hybrid consensus method that allows one Blockchain to take advantage of the security provided through the hashing power of a secondary Blockchain or sidechain.

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QTUM

One of the primary goals of Qtum is to be able to bridge the Bitcoin and the Ethereum world. What makes the software unique is that Qtum’s core technology combines a fork of Bitcoin Core, an Account Abstraction Layer allowing for multiple Virtual Machines, including the Ethereum Virtual Machine and Proof-of-Stake consensus aimed at tackling industry use cases. It has a growing library of 21 Dapps. Designed with stability, modularity and interoperability in mind, Qtum is a toolkit for building trusted decentralized applications, suited for real-world, business oriented use cases.

Augur

A decentralized prediction software that is ERC20. Sure, it might be another Oracle but this service user-driven. Users feed real-world information into Augur's contracts. Augur ensures the accuracy of this real-world information by providing a financial incentive for token holders to correct markets they believe have been reported on incorrectly via the rep token, which allows for corrections and disputes. The Reputation token allows users to be rewarded for successfully defending their corrections.  

Qvolta

Is a forthcoming exchange that will function similarly to Coinbase. However, what sets this exchange apart from Coinbase is that it has its own token that can be traded. Furthermore, Qvolta will offer an alternative to Coinbase once it launches its mobile app in July 2018, and then will add support for more coins in Augu and a lending service in September.

Populous

Handels invoice buying and selling and has redefined an antiquated model of selling invoices at a discount. Invoice discounting is a form of funding that instantly unlocks the cash tied up in outstanding sales invoices. Business owners allow invoice buyers to buy invoices at a discounted rate in order to unlock their cash quicker. Once invoices are paid by the invoice debtor, the invoice buyer receives the amount previously agreed upon. Using Blockchain and its own built-in crypto, Populous has the ability to turn the invoicing industry on its head.

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About the author

Eric Eissler is based in Chicago and works in higher-education administration and finance. He is a freelance writer covering blockchain technology, fintech, cryptocurrency, the oil and gas industry, and international politics.

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📰 News
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Ripple's XRP Is in for ‘Explosive Growth’, Prominent Venture Investor Tim Draper Says

  • Yuri Molchan
    📰 News

    A Bitcoin bull and investment guru Tim Draper predicts the calm before the storm for the XRP price, as “to call Ripple developers actions wrong is impossible”

Ripple's XRP Is in for ‘Explosive Growth’, Prominent Venture Investor Tim Draper Says
Cover image via en.wikipedia.org

Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

When asking a question about when XRP is going to hit its quickest high profits in the quora.com forum, a user gets a reply from Tim Draper himself, who says that the XRP price is about to experience an ‘explosive growth’.

Tim Draper is pumping XRP

Tim Draper, a prominent venture investor and a Bitcoin bull, seems to be excited by the current Ripple expansion. Judging by his words, he is predicting the XRP to soar in the short term, calling it the calm before the storm or ‘explosive growth’, putting it a different way.

Tim Draper says:

“Looking at the three-time growth of Bitcoin over the past 5 months, one would expect a similar result from XRP.”

XRP should have already grown beyond $0.6 or even $0.9 by now, says the crypto investor, when talking about the results of recent Ripple’s expansions and the partnerships the crypto unicorn has initiated lately.

“The company is actively developing, expanding the sphere of influence, enlisting the support of large financial institutions and constantly improving the technology of transfers.”

Finally, he states:

“In addition, Ripple is owned by SBI, a large corporation with companies such as R3. Everything indicates that the current situation, only the calm before the storm, in our case, before the explosive growth.”

👉MUST READ

Ripple Opens New Office in the Heart of Washington, DC, to Educate US Lawmakers

Ripple Opens New Office in the Heart of Washington, DC, to Educate US Lawmakers

Ripple expands to Washington, D.C.

Previously, U.Today reported that the crypto giant has decided to expand its presence to Washington, D.C., to be closer to regulators, as per the CEO Brad Garlinghouse, and educate them on crypto and the blockchain.

He stated to Forbes:

“We’re focused on maintaining a dialogue with Washington regulators and policymakers and being a resource to the Hill allows us to be easily accessible at all times.”

Apart from extending its arms to Washington, Ripple has joined the Blockchain Association.

 

What is your bet on the price moves XRP is going to take in the near future? Share your view in the comments section below!

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About the author

Yuri is a journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today.

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