Introduction to ICOs for a crypto beginner

in #ico7 years ago (edited)

Blockhain-Initial-Coin-Offering-or-Blockchain-ICO-885x590.jpg

This is not an article about..

bitcoin-pic.jpg

Main facts about bitcoin

This is not an article about..

blockchain.jpg

Block-chains are employed only is so many areas..

Cyber security is a thread still...

New Blockchains

  • Bitcoin - Bitcoin is an innovative payment network and a new kind of money.
  • Ethereum - Ethereum is a decentralized platform for applications that run exactly as programmed without any chance of fraud, censorship or third-party interference
  • QTUM - Combining a modified Bitcoin Core infrastructure with an intercompatible version of the Ethereum Virtual Machine (EVM)
  • Aeternity Blockchain - Lightning Smart Contracts. Turing-Complete State-Channels. Decentralized Oracles.
  • Tezos - Tezos is a new decentralized blockchain that governs itself by establishing a true digital commonwealth.
  • Dfinity - DFINITY is a high performance decentralized cloud compute network that hosts EVM smart contracts.
  • EOS - EOS.IO software, a new blockchain operating system designed to support commercial-scale decentralized applications.
  • Zcash - Zcash is the first open, permissionless cryptocurrency that can fully protect the privacy of transactions using zero-knowledge cryptography.
  • IOTA - IOTA is a distributed ledger for the Internet of Things. The first ledger with microtransactions without fees as well as secure data transfer. Quantum proof.

Inspiring TEDx talks

  • Blockchain is Eating Wall Street

  • The Blockchain Revolution | Rajesh Dhuddu | TEDxHyderabad

  • Rethinking Capitalism with the Blockchain | Kary Bheemaiah | TEDxIHEParis

  • The History of Blockchain, advanced applications, and NEM - Jeff McDonald | NEM Foundation - Mumbai

Let's talk ICOs

What is an ICO ?

Initial coin offerings — ICOs — are sales of tokens or coins offered by blockchain companies looking to exchange tokens for cash, typically denominated in ether or bitcoin.

Tokens are subsequently traded on cryptocurrency exchanges, and rise or fall in value nominally based on the company’s projected product and market capitalization.

A UnUsual list of links on github :)

Successful ICOs

2017.09.08-ICO-Market-Map-v2.png
Credit to CBInsights

What interests me through this study of ICOs

  • an example of how software companies can run at a higher scale
  • transparent decision making (hence it's easy to follow from outside)
  • Third party software that we can use as partners
  • Raise funds globally for an idea

Regulations

Further resources:

Real estate:

Investing:

  • Solar DAO goes over the reasons of why anyone should use a blockchain
  • Ethereum has a big backlog of future actions to be taken by the network, over which Brian Colwell tries to shed some light

Stories and predictions:

Sort:  

@cryptohustlin has voted on behalf of @minnowpond. If you would like to recieve upvotes from minnowpond on all your posts, simply FOLLOW @minnowpond. To be Resteemed to 4k+ followers and upvoted heavier send 0.25SBD to @minnowpond with your posts url as the memo

Thanks for adding my Top 11 Story to hour references. Cool! :)

A comprehensive introduction for newbies, good job.

Thank you @bigmantings, I can only hope it serves well for people who are still in doubt about this space

Congratulations @decebal2dac! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

Award for the number of posts published

Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here

If you no longer want to receive notifications, reply to this comment with the word STOP

By upvoting this notification, you can help all Steemit users. Learn how here!

Hi @decebal2dac! A friend and I have built a tool to have ICOs right in your Google Calendar: https://steemit.com/cryptocurrency/@fcrypto/introducing-kryptocalendar-get-the-top-crypto-currencies-events-right-into-your-google-calendar

We are thinking about a solution to filter ICOs curated by the community. We would love to get your feedback! :)

Hi @fcrypto, thank you for the reference, I am looking forward to try your tool over the next few weeks and study it a bit, as it truly looks like a very interesting and useful piece of technology

Thanks @decebal2dac! Feel free to share your feedback whenever you have time.
There's a form for it if you wish to: https://kryptoapps.typeform.com/to/l73SS7

Cheers ;)