4 ICOs of IT startups in September: selling surplus communications, parallel Internet and open-source developers awards

According to the Coindesk June report , by the beginning of the summer of 2017, blockchain projects raised $ 327 million through ICOs - more than what was invested by venture investors ($ 295 million over the same period). Thus, ICO is becoming an increasingly common way to attract financing for technology startups.

We continue to study the upcoming sales of IT project tokens, and in today's topic there are 4 more interesting ICOs of September.

Privatix - a decentralized P2P VPN network with a communication channel market

As more and more people connect to the Internet around the world, the risks of network users, as well as interest in them from the state, are growing. Governments, large companies and cybercriminals seek to seize the information of users, while the speed of information transfer on the Internet, in general, decreases - the content becomes “heavier”, and the cost of its delivery is not reduced.

The creators of the Privatix project are developing a decentralized P2P VPN network that allows you to switch between millions of entry points with the highest available speed. For the organization of communication, a modified VPN connection is used, which cannot be detected even with the help of DPI.

If a P2P network participant does not use his entire Internet channel, then he can sell part of it and receive payment in cryptocurrency. Traffic is bought by other users of the system - this can be done directly or through third-party applications.

This is how the project work scheme looks like:

The pre-ICO of the project will begin on September 14: www.privatix.io

Archain - Parallel Blockchain - Based Internet

The creators of the Archain project approach to ensuring freedom of information exchange on the other hand - they plan to create a parallel Internet based on the blockchain structure. It works like this: with a simple browser extension, users can copy their favorite web pages to this parallel Internet.

This leads to the creation of a distributed web archive, which no governments or attackers will be able to edit in accordance with their goals. No documents or information will be deleted after publication. According to the creators of the project, its goal is to preserve the opportunity for ordinary users and researchers to study and analyze how society has changed through the history of the network. The system runs on a new blockchain-like data structure called blockweave, which allows you to scale the archive to huge sizes.

At the moment, there is a pre-sale ICO of the project: www.archain.org

KIN - a monetization platform from the creators of the KIK messenger

The developers of the popular KIK messenger announced the launch of a new project - a content monetization platform called KIN. According to them, in recent years, communication services have become a very important tool for disseminating information, so the fact that only a few companies exercise control in this market (some of them also absorb competitors, see the Facebook and WhatsApp deal) cannot be called positive.

This is facilitated by the fact that so far on the Internet the most common model of content monetization is advertising. According to them, this point is partially explained by the spirit of the early stage of the Internet, when it was considered “not comme il faut” to take money for content. However, subsequently "this inevitably led to the fact that these same companies began to sell the attention and data of their consumers to advertisers and marketers."

To combat this, a new distributed ecosystem of digital communications and content monetization should be created. This is precisely the main goal of the Kin project, which already at the initial stage will be integrated with the Kik messenger itself.



Example of system monetization: a bot and a user talk about what kind of pizza the user wants. After the choice is made, the bot will charge 12 Kin from the user

The ICO of the project starts on September 12, to participate in it, investors must register before September 9: www.kin.kik.com

FundRequest - rewards for open-source developers

Anyone who has used open source software in their work has encountered a problem when there is an error in the software, its presence is a big obstacle, but developers may not be able to fix it very soon. FundRequest service team decided to change this situation and create a tool with which users of open-source projects will be able to offer their creators and other developers rewards for fixing bugs.



The scheme of work is simple.

It works like this: faced with an error, the user (or the whole company) can declare a reward for fixing it. Both developers and third-party programmers can do this - the main thing is that the user will get what he needs.

The ICO of the project is scheduled for September 6, you can receive an invitation to participate after registration: fundrequest.io

And what interesting upcoming ICOs do you know about?