Initial Coin Offerings (ICOs) are good opportunities for profit making. Before a cryptocurrency trades on the market through trading platforms, blockchain projects launch ICOs to pool in initial investors and supporters. The coin or token is sold at a constant price, which lets people in for a head start. After a period of time, the ICO ends and the pooled capital is used for further project development, which includes trading in the cryptocurrency market.
If you are fortunate enough to invest on a blockchain project that eventually grows big, you may earn huge profits. Sadly, however, most ICOs are fraudulent or unsuccessful, which is why you should do more in depth research before investing on one.
For the month of May 2018, here are the top 3 best ICOs that could potentially yield huge profits for you.
(DISCLAIMER: This is not financial advice. These ICOs are my personal choice based on my research. Please do your own research and invest wisely.)
Cryptics is an AI-based Platform for crypto trading. It boasts of features like superior data collection, deep learning AI oracle, blockchain platform for 88,000 users, and science and business expertise. Public sale is open on May 7 to May 21, 2018. It accepts Ethereum and minimum investment is pegged at 0.1 ETH. Soft cap is set at $4 million and hard cap is set at $20 million.
Tradelize is an ecosystem where ProTraders gain a unique trading toolset and investors achieve investment results equal to those of the best experts. Public sale is open from May 1 to June 30, 2018. Minimum investment is currently $100. TDZ accepts ETH, BTC, and fiat money. Hard cap is set at $30 million.
Acorn Collective (OAK)
Acorn Collective boasts of accessible crowdfunding, project success, blockchain transparency, integrated marketplace, attractive tokenomics, and early incentives. Main public sale is open on May 26 to June 24, 2018. OAK accepts Ethereum. Soft cap is set at 7 million OAK and hard cap is set at 25 million OAK.
These blockchain initiatives are all top performing in terms of their whitepapers and project descriptions. If you want to get in early on these blockchain projects, make sure to make your investments before the deadline of public sale.
(DISCLAIMER: This is not financial advice. The analysis and recommendations provided here are based on my own research and personal opinion. Trade wisely!)