The most interesting ICOs of summer 2017: national cryptocurrency, blockchain social network and streaming service
Initial Coin Offering or ICO is the process of issuing by a project in the form of cryptocurrency special coupons or tokens that can be used to pay for the company's services in the future. The ICO market is actively developing, and for capital companies related to the blockchain sector, this instrument for raising capital already brings more money than investments by venture investors.
It's time to take a closer look at the most interesting projects that raise funds through ICO this summer.
DS Plus : popular cryptocurrency
Today, when new cryptocurrencies appear almost every day, it is difficult to understand all their diversity, and business often does not understand whether it is possible to somehow use it all. The authors of the PlusCoin project, the startup DS PLUS, the creators of the “first popular cryptocurrency” running on the Ethereum platform, are trying to solve this problem. The meaning of the project is to simplify the use of cryptocurrency and provide new sales channels for business representatives. According to the whitepaper published on the site , it all works like this.
DS Plus is a mobile application with cashback service. It works by analogy with the usual loyalty systems, where each user can receive cryptocurrency - in this case PlusCoin - for various actions:
- visiting stores of partner companies;
- making purchases;
- writing product reviews;
- invitations of friends;
- etc.
The number of partners for shopping with whom you can get cryptocurrency is constantly growing - now they are joined by regional and federal companies like X5 Retail Group, McDonalds or KFC. After the end of the ICO, users will have the opportunity to spend "pluses" in a special store - there are products or services of partners of the system, and currency can also be freely exchanged on exchanges. Now system users own a total of 16,000,000 PlusCoin.
ICO Information Link: pluscoin.io/#services
OPUS : decentralized music platform
The creators of the OPUS project are convinced that the music industry is unfair. Streaming platforms like Spotify or Apple Music take up to 80% of the artists' revenue, and if the stars can still come to terms with these conditions, then not so famous musicians often can not live on the money from selling their music online.
For music lovers, the situation is also disadvantageous: large services compete for exclusive contracts with popular performers - as a result, the Internet user can often legally listen online to works of his favorite artists only on different sites. The creators of playlists also do not receive rewards for this important work - because the amount of traffic depends on how well the playlist is worked out.
Opus developers have created a four-tier decentralized system that uses IPFS and the Ethereum blockchain. Tracks are stored in the decentralized register UMRN (Universal Music Registry Number), and they can be accessed both through the Opus player and through the API. In the future, it is planned to introduce a bounty-system for making artists.
The ICO of the project has been launched, you can participate here . A total of 1.6 million Opus tokens will be issued:
SocialX : blockchain social network
Popular social networks do not provide people with the ability to control their data and in many ways limit it. The creators of the project SocialX are convinced that the centralized architecture of social networks leads to the fact that they are forced to follow the censorship laws of different countries, the only way to stay in business and not lose important markets.
SocialX, in turn, is a decentralized social network where photos, videos and chat are not stored centrally on platforms like Facebook or Instagram, instead, blockchain is used.
Using the SocialX application, users can communicate in an encrypted messenger, publish photos and videos (including live streams), as well as send payments and smart contracts to each other using the P2P protocol.
To date presale project completed.
DMarket : a platform for the sale and exchange of goods from online games
Currently, there are 2.2 billion people in the world who play games on different platforms and devices every day. Back in 2016, the volume of the computer gaming industry reached $ 100 billion - and continues to grow. However, only about 4,000 professional gamers earn through games. Up to 94% of all gamers do not participate in the process of earning money on games through trading. The DMarket project seeks to change this.
One of the main problems that make trading in games underdeveloped is the lack of integration of different gaming universes. Players cannot exchange goods from different games. DMarket is a global marketplace based on the Ethereum blockchain.
Any developers can connect their games to a decentralized database using the API. Thus, players get the opportunity to exchange goods from different games and sell them. And previously fully virtual game objects become more like real assets.
At the moment, pre-sale of tokens is open : dmarket.io
And what interesting ICOs do you know about? Gather your list in the comments.