A vast portion of the crypto community reads or watches ICO reviews. Often, people are left awe-struck with the review, hoping to buy the reviewed coin. However, a new trend is surfacing in crypto where the best deals, which involve great bonuses or discounted sale pricing, are left to private sales. Moreover, the most hyped coins are largely sold in private rounds.
This is where the problem lies: the average person, no matter how much he or she is awe-struck by an ICO review, does not individually have the funds to participate in the private round. To right this wrong, pools have emerged to give everyday people a fair chance at getting the best tokens with the best deals. But not everything that shines is gold.
Picking a Pool is Difficult
A lot of pools can be deceptive and can even turn out to be scams. Others end up charging ridiculous fees, and still others offer pools for ICOs that either are bound to fail or simply unwanted.
It’s important to put the due diligence in choosing a pool at the same degree you would when choosing an ICO to invest in. Far too many pools are sprouting as opportunists try to con the average person and that’s why it is important to look for a sign of credibility. Given that the mass usage of pools is still new, only one pool has stepped up to set a golden standard, and that’s the ICO DOG Pool.
The pool’s namesake animal is renowned for loyalty and that’s what this pool offers to its large, growing community. Instead of just pushing a pool onto the community, ICO DOG is divided into many functionalities for its community.
Proof of Care
The ICO DOG (ID) review site gives detailed, unbiased reviews of upcoming ICOs; many of the ICOs reviewed are often not even available as a pool. But the aim of ID is to ensure its community is aware of the best options at hand irrespective of whether or not ID profits. These reviews are unpaid so there’s a peace of mind that shilling won’t be at play.
Proof of Work
While so far pools have simply emerged from the hands of random individuals, who are often motivated by the idea of making a quick buck, ICO DOG is the first-ever pool to have its own dedicated platform. This not only offers credibility since a lot of money and time has been expensed to create the ICO DOG platform, it gives easy transparency to the Pool’s functioning to the community.
And this also leads to the second important point: differentiation allows a strong pitch.
While most pools have no differentiation, this is the only pool to have its own functioning platform for users to sign in, review available platforms, and participate in active pools. As a result, ICOs do not mind allocating a piece to something they perceive as a superior quality outlet for hosting pools. That’s the benefit of setting the global standard.
Not for Everyone
ICO DOG is a community and you must exert a Proof of Care to be able to participate in some of the pools. As stated, ID is building a community and isn’t just aiming for profits. So, if you want to flip without becoming part of a community, you might not have a pleasant time with ID. However, if you want to join a pool that shows you loyalty by providing you with detailed information of every good ICO, gives you access to even the most competitive pools, and makes sure your voice is heard in the increasingly unfair environment of ICO private sales, then welcome to the community.
Thank you for your article, it is very informative. I would like to let you know about an upcoming ICO within the NEO ecosystem. Spotcoin has been operating a Wholesale OTC since 2016 with $10 million volume in 2017. Just recently they also broke ground on a mining facility in Tblisi, Georgia.
With funds from the ICO they intend to expand OTC operations, add a global digital currency exchange, integrate Spotpay for Merchant/consumer payments and finally but most importantly Spotcoin will open the Black Sea Blockchain Institute offering accredited courses for those interested in a career in Blockchain Tech.
I recommend you check them out and see what you think. They will be hosting their first ever AMA on June 8th
Join their Telegram and become part of the community
https://t.me/spotcointeam
I hope you find this information useful and I look forward to seeing more posts from you so I can learn more about projects you have researched.
See my blog for more info about Spotcoin and other NEP5 projects
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