You could have been a millionaire: 5 best ICOs you missed so far this year

Latest news

    No one becomes rich by stashing money under the mattress. Each and every billionaire or millionaire gets there mostly by investing.

    The recent boom in digital currencies and initial coin offerings (ICOs) provide ordinary folks with a golden opportunity to make their savings work for them. Some of those are quite risky, others are scams. But sometimes risk yields huge rewards.

    In this list you’ll find the top five ICOs, carried out over the first two months of 2018, which might have –or still may– help fatten your wallet. The selection, provided by crypto news website CoinStaker, is based on the potential growth, all-around hype, the strengths of each product and the team behind it. Some of the risk factors are also outlined.

    Read more

    Kaspersky uncovers Telegram vulnerability that allows malicious crypto-mining


    The company’s new Telegram Open Network (TON) promises to become an Ethereum-like ecosystem with applications, services and a store for digital and physical goods. The new product is going to be integrated to the Telegram app.

    Telegram plans to raise around $1.6 billion before its TON token sale becomes publicly available. Telegram’s offering was already the largest ICO ever, dwarfing the previous record of $232 million, set by Tezos.

    However, the team behind the project is still far from turning the idea into reality. “It’s one thing to build a message app and another to revolutionize the internet with blockchain in every phone,” reports the media.

    Moreover, the instantly generated user base may disappear. Telegram has to create its platform, make it user-ready in a short time and provide functionality, without disrupting its user base in the transition.

    Read more

    Kodak stock doubles as photo-giant joins cryptocurrency frenzy with ‘KODAKCoin’


    In January, 130-year-old Eastman Kodak announced the launch of its own digital currency, based on the platform that works on blockchain technology. Along with an image rights management platform KODAKOne, the company introduced a virtual token, KODAKCoin, aimed at protecting photographers’ digital rights using blockchain.

    The project reportedly looks attractive due to the company’s fine reputation. “The hashing of the photographs could be almost instantaneous (a word with a history of its own in photography). Combine that with the most futuristic, internet-connected digital cameras, and it could prove an invaluable tool to professionals and amateurs alike,” CoinStaker reports.

    At the same time, Kodak had some fails in the past, especially when it came to adapting to the digital sphere. If the firm fails to rewrite history, the project may become a “poorly managed and all around clumsy” photography platform.

    Read more

    Estonia wants to build a Baltic 'bitcoin'


    Cointed, a major crypto ATM provider and exchange, is motivated by the principle that access to virtual currencies should be as easy as possible. The Cointed token, CTD, facilitates acquisition of the ATMs. This ICO doesn’t look like a scam or bubble, as the firm already has a wide net of devices operating in Austria and is quite safe as regards tech and management.

    Crypto ATMs are newcomers in the fintech, where tariffs and costs are intolerable. If Cointed’s ICO can change this situation, the cryptocurrencies could transform the world of financial technologies.

    Risks of investing in this ICO could stem from a probable crackdown by governments across the world, or at least a move to impose some restrictions on crypto ATMs. In such a circumstance, the company’s plans to take their business international may be doomed to failure.


    Russia’s AgroTech Farming specializes in automated indoor grower appliances. The company has developed and built a special appliance to grow vegetables indoors. This homegrower is app-controlled and comes in two configurations: strawberry, which is made to grow three different small crops, and cannabis, suitable to grow a tall crop.

    Via an ICO, the company plans to raise funds for expanding the business into Canada and the US, where the market space for medicinal and recreational cannabis, as well as growing need for organic food, means an increasing demand for AgroTech’s product. The token, ATF, will provide investors with discounts for buying and shipping the appliances, as well as the possibility of conversion to shares.

    The main risks are connected with high prices for the company’s equipment. Also, cannabis is not legalized everywhere, so it could be difficult to expand the business.


    Swiss company Envion operates a global and highly profitable, decentralized crypto-mining platform. The Envion’s token, EVN, is focused on people who can mine by concentrating on the niche markets that will offer cheap, oversupplied and renewable energies. The company is planning to distribute mobile mining devices able to make use of the cheap energy, generating usable heat and mining crypto. It is one of the top ten ICOs, with over $60 million raised from 23,000 investors.

    However, EVN is hard to get and that makes it less attractive, despite all the eco-friendliness. Unlike most tokens, users have to provide personal data and some documentation. At the same time, shipping and manufacturing costs could be problematic, and bigger starting investment may be required. That’s why the company should rely more on professional users, who are ready to contribute financial resources and time.

    View the original article:

    For more stories on economy & finance visit RT’s business section

    In the same category are

    China’s ‘Peace Ark’ ship makes maiden visit to Venezuela (VIDEO) A Chinese hospital vessel has moored at a port near Caracas, where its staff will be providing free medical care to Venezuelans. Recently, a similar-c...
    OPEC snubs Trump’s demand to up production at meeting of major oil producers A possible boost in oil production was not discussed at a recent meeting between OPEC and other major oil producing nations, following earlier demands...
    Iran’s elite guards vow ‘deadly’ revenge as Tehran blames US & allies for parade attack Those behind the terrorist attack at the Ahvaz military parade will face “unforgettable vengeance,” Iran’s Revolutionary Guards said, as Tehran persis...
    Does Trump admin want to topple him? Nikki Haley says ‘no one ever talked about the 25th amendment’ No member of the White House administration ever questioned Donald Trump’s ability as the US president or discussed removing him from the office, the ...
    ‘Why did they leave it unlocked?’ Woman steals ambulance from medics doing CPR, leads wild chase An Oregon woman hijacked an ambulance while the paramedics were performing CPR on a patient, then switched on the siren lights and went on a wild 30-m...
    Tel Aviv won’t change Syrian policy despite downing of Russian Il-20 – Israeli defense minister Israel will not cease operations in Syria, Defense Minister Avigdor Lieberman announced just before the Russian military published a detailed chronolo...

    Leave a comment

    Your email address will not be published. Required fields are marked *

    This site uses Akismet to reduce spam. Learn how your comment data is processed.