There are so many cryptocurrency ICOs going on these days, it becomes difficult to keep track of everything. We have found some upcoming ICOs to look forward to, albeit users should always do their own research before making any investments. The following projects introduce some interesting concepts, which could prove to be quite valuable and powerful over time. We can only hope these five projects will not cripple the Ethereum network like so many other projects have done in the past.
5. Primalbase
In the world of cryptocurrency ICOs, one always has to keep an eye out for innovative projects. The Primalbase project revolves around transforming office rentals into a community-based ecosystem. Users can share, sell, and rent office space using Ethereum and Waves tokens. It is quite an interesting take on things, although it remains to be seen how much interest the project will generate. The Primalbase ICO will start on June 26, and only 1,000 tokens will be issued. The normal price per token will be 5 Bitcoin, although discounts apply during the first week.
4. Tezos
Most people will have heard about the Tezos ICO by now. The project aims to develop a future-proof smart contract system. It is a separate blockchain, which makes it stand out a bit from most other cryptocurrency ICOs. Consensus will be achieved by letting bonded stakeholders validate transactions. According to the white paper, a total of US$893,200.77 worth of XTZ tokens will be issued in the process. The Tezos ICO starts on July 1st, and it will undoubtedly generate a lot of interest.
3. Everex
The Everex platform focuses on enabling a global and inclusive economy. With project is powered by the Ethereum blockchain and will enable blockchain-powered microfinance and remittance services. Ultimately, Everex users will be able to transfer fiat currency across borders in mere seconds. For the time being, there is no official date regarding the Everex ICO, and a lot of information has yet to be shared with the public. According to the latest information, the ICO will occur either in July or August.
2. Dent
The Dent cryptocurrency ICO is by far one of the most unique projects we have seen so far. The project aims to establish a global exchange for mobile data. Data pricing will be made transparent, and automated bidding will allow anyone to purchase mobile data with relative ease. Exchanging mobile data packages will occur through the DENT tokens, which are issued during the ICO, which begins on July 12.
One downside to the DENT token sale is how a total of 100 billion tokens will be created. Seventy percent will be sold during the ICO, and the rest is kept by the company. Eventually, the team hopes to raise around 152,000 Ether, worth over US$52m at current prices. It is quite a big project, although the team hopes to raise an acceptable amount of money. The only question is whether or not the number of tokens will be a downside, but only time will tell.
1. Civic
The Civic project will gain a lot of attention because Vinny Lingham is the CEO. Moreover, the project has a working mobile application before the ICO even begins, which makes it far more professional compared to most other projects in the cryptocurrency ICO world. Civic aims to provide on-demand and low-cost access to identity verification via the blockchain. Civic has a working product available worldwide, and they already won an award for their project this year. According to the white paper, the project will aim to raise US$11m, and the price per token is set at US$0.1. The Civic ICO will begin on June 21.
If you liked this article, follow us on Twitter @themerklenews and make sure to subscribe to our newsletter to receive the latest bitcoin, cryptocurrency, and technology news.
