Top 3 ICOs Happening Right Now

Thus far, 2017 has been a year of many cryptocurrency ICOs. These are the opportunities for members of the public to buy into new markets. Here are the three most exciting ICOs going on right now, in my opinion.

CryptoPing: The insight into data

This is not the first time that we have mentioned CryptoPing, and for good reason. Cryptoping is telegram bot that aims to make trading between alts easier and more profitable. The way that they do this is by analysing various aspects of the market in an attempt to predict pumps and dumps in the cryptosphere.

Currently -but for not too much longer- the beta version of this bot is free to use. Soon though, their business model will shift over to a subscription based model. Access to the wealth of their bot’s data will only be available to those who are pay into it. Subscription payments will need to be in their token.

These tokens are currently on sale. Their ICO is only going on for another 28 days or so, meaning anyone who would want to use this service in the future would want to buy into the ICO now. The PING token will have 10,000,000 as its supply, and the ICO will cap at 1,000 BTC. Currently they stand at about 77 Bitcoin. There is a lot of room to buy in, but it is going fast.

Monaco: Bridge to everyday consumption

Monaco is a product that attempts to bring cryptocurrency spending into the world of the traditional consumers. Essentially, they will offer product very similar to the Bitcoin debit cards we have seen before. What will set Monaco apart is the support for multiple currencies.

The card can be funded with Bitcoin and Ethereum, and can trade between these and USD via the app. It also offers 10% back in the apps native currency from purchases, MCO. Monaco plans to have MCO tradeable on cryptocurrency exchanges.

It is currently having a sale of these tokens. The ICO closes on June 18th, and the current exchange for these tokens is 140 MCO to 1 ETH. They have already reached their minimum goal, but have a little to go before their softcap. They are close to their next reach goal though (then the exchange rate between MCO and ETH gets worse).  

LNK Silver: The link to backed crypto

Ethereum Link is another project with a hot ICO right now. Ethereum Link is selling their LNK tokens. The difference between this and many of the other ICOs you see going on now, is their vision of backing up cryptocurrency with a tangible commodity.

The hope here is to bring the speed and security of the Ethereum Blockchain to the world of silver certificate trading. This could very well change the way that traders interact with both crypto and traditional markets. Their sale has already netted ~431 BTC. The ICO is going for another fourteen days, and its statistics are promising.

These three ICOs are exciting for the cryptocommunity, and hopefully will inspire even more innovators to grow the cryptosphere.

Disclaimer: This is not trading or investment advice, but is for educational consumption. The only investment advice I will give, is never invest more than you are able/willing to lose.

  • Heiner Wiener

    their are rumors that MONACO is a scam ?
    !

    • Kris Marszalek

      I’m the founder of Monaco – if you look carefully it becomes fairly apparent, that these were manufactured rumours. We have been working for over a year on the product and have an experienced team behind it, our CFO is ex-MasterCard, I founded and sold a company for $20m+, then ran a public listed business, our advisory board has executives from AWS, Adyen, ex-VISA folk. We have built a product that is highly desirable and resonates with the community, in little over a week we have had 2,200 people contribute to our Token Sale, raising ~$4m. Anyone who says this is not a serious project has not done their homework or has been incentivised by competition to spread rumours. I encourage everyone to do their own research or rely on what established ICO research houses publish on Monaco in their independent reports.

      • Efosa Ighodaro

        why then dont you have one real office address??

      • Carlos_Colbert

        What is the difference with Wirex and Monaco ? please

  • cryptohunter

    most things (including crypto) that are hyped and advertised extensibly most likely you don’t really want need it that much as compared to the urgency that the ad creates . Think of fuel or food, you need it but have you seen ads or hype about it? Cant help but noticed too much ads for this company MONACO for the last 5 days. its everywhere.

    • Vic A.

      i think it’s a scam or at the very least their tokens will be worth less when they get dumped on the open market when trading starts

      • Kris Marszalek

        @cryptohunter for us this is not only a Token Sale – we are acquiring our first group of customers, who will become the ambassadors of Monaco brand. Traditional approach to ICOs is to pre-sell tokens at discounts to select few, then launch and close the ICO in 30 minutes. We are taking a different route – the campaign will be live for full 30 days, so that the community has the chance to get to know us better and we have the opportunity to bring first few thousand customers onboard. So far it has worked brilliantly for us, we have over 2,200 contributors and on the way to hit our internally set goal of 5,000 users.

        @victoragbasi:disqus I think you should check my response below to Heiner Wiener, I also encourage you to read our whitepaper and join the slack channel at slack.mona.co – it’s an ambitious project ran by a serious team. We’ve done a lot to ensure strong secondary market performance: no tokens were sold at a discount prior to the Token Sale start, founders & management team tokens are locked up for 3-12 months, there is an asset contract to which the company will send 1% of transaction fees on the platform, tying performance of the business with performance of the token.

    • drowninbleach

      I find it ironic to hear a potential investor complain of too much advertising when the vast majority of cryptos seem to rely almost strictly on word-of-mouth, and thus, generate very little actual exposure to target markets.

  • Eli Barnett

    i have signed up for crypto ping for two weeks now followed the instruction… got no signals…no support.. just got Very disappointed

  • Clay Townsend

    The Cashaa ICO is November 1. Another big one.