- Filecoin – $250 Million (and counting)
Filecoin has been the blockchain data-storage system that started on August 10, 2017. Filecoin can use peer-to-peer file-system, or IPFS, to store and secure data, that may allow end users to earn from giving their free hard disk drive space for storing. Filecoin increased $200 million by verified investors and also another $52 from venture capital firms. By August 21, more than 250 million in the capital were increased.
- Tezos – $232 Million
Tezos is a fresh a block-chain that fixes the government conditions that blockchains such as bitcoin face. Instead of depending upon off-chain disagreements, compromises, and consensus to enhance scale or adjust the core software, Tezos includes self-governance mechanism built into their protocol. The Tezos ICO found on July 1. After completion of the 14-days sale period, the project had raised about £ 222 million in Bitcoin and ether. This became the new ICO record.
- EOS – $183 Million (and rising)
Block.one is basically a startup making a blockchain that satisfies the particular requirements their companies and businesses in the corporate world. It intends to give block-chain solutions offering efficiency, protection, and information integrity. The start up carried out its own ICO in June to encourage the development of project. Its own EOS Assets increased £ 183 million.
- Bancor – $153 Million
As a lot more cryptocurrencies and tokens enter in the crypto market, the need to transact as well as transfer value is growing immensely. While latest cryptocurrency and token exchanges ease the process but they may create insecurity amongst users. Bancor attempts to construct a decentralized market eco-system that'll make it possible for holders of virtual resources to exchange peer-to-peer without difficulty also with minimal risk to their security in their own assets. It's also going to encourage any token that's issued irrespective of end users. Its June ICO increased £ 153 million
- Status – $108 Million
Status is a browser, wallet and also a messenger app. It's also a gateway for decentralized applications that are made on top of Ethereum. The Status app will likely be designed for mobile to allow on-the-go use. The team behind Status held an ICO on June 20th and raise $95 million. With more start-ups choosing ICO and the general public's interest increasing, at least some of the ICOs within this list could end up not being at the best five among the most important ICOs in 2017. Even companies which had a little to do regarding blockchain until recently are thinking about ICO. For instance, the messaging app Kik has recently released a white paper explaining its plan to keep an ICO.
ICOs are Risky Business
Buying new digital currencies at the initial coin offering stage is a very risky investment, actually more expensive than obtaining Bitcoin or investing in established altcoins like Litecoin (LTC), Ripple (XRP), or DASH. While the above mentioned ICO tokens have contradicted their competitors, they still truly are huge exceptions. Many ICO tokens that were found in the past six months have perhaps not seen good outcomes
Several recently established ICO tokens are trading below their issued price tag, whereas some barely gained in value in the weeks after their own launch. Hence, when purchasing coins, it's important to do little homework to ensure you end up picking winners. Even when you have observed tasks which make you winners, then it is wise to simply invest a little amount in this new niche asset considering that ICOs are still very risky investments. Pay only what you can manage to lose.