In these bear times, we don’t trade much besides doing DCA down to the bottom for some major coins. But what we love to do instead, is to make our Crypto funds work for us meanwhile by investing some of our equity in the right ICOs. You might have seen our recent ICO SCOOPs, where we put much work into. We try to bring you more of these reviews in these circumstances and carefully select/research the projects. But you should not rely on us alone; we want to educate you and enable you to become a DYOR ROCKSTAR! Just tangle along these metrics and should find those gems yourself:
The Gamb ICO: Providing a decentralized Marketplace e-commerce platform, directed by the first global alliance of merchants on the blockchain If you are a regular reader of SmartOptions, you know how much I value the progress of crypto in e-commerce. To me, this is one of the most crucial steps for mass adoption, as it gives cryptocurrency, not blockchain technology alone, the right to exist: it is system-immanent for a currency, that it can be used for everyday spending. Now, this branch is starting to develop, and while there are parts of e-commerce which have been spoiled to a high degree by the big boys like Amazon, Google and the likes, an urging need arose to free merchants from their vice-like grip on the business. Vehicles like Amazon Marketplace might be a good place for consumers to land a great deal, though they have a devastating effect to a large array of industries – in the long run, they will harm brick & mortars to a level that it might affect local or even whole economies, in general, one day. Their market share became way too big and more and more they control the e-commerce landscape by dictating prices and demanding exorbitant fees…
We are fans of HALO, along with being early investors in this project ourselves, as we really believe in the vision of it. While delays with development progress became a bit out of hand, it might be one of the many cases in Crypto where patience pays. We saw early investors sell the HALO coins at laughable prices OTC, though we think they might be very sad to see the price of it in a few weeks/months. The Main Net shall launch on the 21st of this month and the UX already looks very polished. The past has shown that these dates can be somewhat “flexible” with HALO, but we think this was for the good. Major cleanup work had been done and there is nothing wrong with the aspiration to start through with a fully working product. You can download the Featherlight client for your OS here and get yourself a first impression with the quality of the UX provided: https://www.haloplatform.tech/downloads.html
A few days ago, we wrote about a possible diamond in the rough we might have found: Simple user handles for crypto wallets ids, an easy way to tip or to send money the crypto way, simply said an everyday token for everyone: The Tip Token. ICOs are often a scam or just bollocks, born in the smallest room. We found this to be different for the idea of this French ICO, led by Nicolas Nups (LinkedIn), who will be my guest today, answering me all the uncomfortable questions my skeptical mind has woven. Welcome, Nicolas!
Recently I visited a pub with a friend from Scotland. We had a great night, and once we decided to leave, I recognized that I forgot my wallet (the real leather one). He paid the bill, but as Scottish, as he is, he noted that I should pay my part of the bill soon. I just took my smartphone, opened the PayPal app, put in his email address and paid my dues. Imagine this project in crypto. “Please spell your wallet ID again. 0x-what? Hold on, what was it again, 0xc2f86e13b486cf7b78238485b778f8fd8e58ed4d4?” You see the problem – sending small payments from person to person or tipping someone is currently a mess if you want to do it the crypto way. But then, we found an ICO, which neatly solves that problem and could become an important cornerstone on the way to mass adoption. Let’s dive into TTT – The Tip Token.
Rich in cryptos, poor in fiat? This is something we observed quite often. Many people hold cryptocurrencies for thousands of dollars, but live a life with an average or below average standard, when it comes to their everyday needs. A general fiat-bridge into the real world is a demand. How about a fiat-bridge that enables you to spend your crypto funds as a kind of short-term loans without the need of selling them? On the other hand, there are many people just holding cryptocurrencies and while it is nice to have them growing in value in bull times, it feels like seeing your investment melt away in bear times. We found an ICO, starting soon, which addresses that problem in a smart way. HOLD is a progressive concept that should work out quite nicely, as it offers the ability to borrow money for short-term fiat purchases (with your crypto holdings as collateral), and to earn interest for your holdings as a lender – and all that with a prepaid credit card in-between as the connection to the real world’s fiat system. In a nutshell, HOLD is a peer-to-peer lending platform that provides instant cash advances against cryptocurrency collateral and the option…
Did you ever try to find the next super cheap coin or token, which you can buy for just a few cents/satoshis? Nothing can go wrong with a 5sat coin, right? Once it shots up to a dollar you’re a made man – so why not take a chance? Or another route: Why not research Coinmarketcap and spread buy orders over all these cheapos?
As an e-commerce professional for over ten years, I am all ears when it comes to ICOs that target the online retail niche. Yes, there are a few crypto payment gateways available, and you can use them in a crypto environment, but frankly, they are not made for the masses. I see customers flipping way too often when it comes to a simple PayPal transaction – no way they will send money in an irreversible transaction to a wallet address and wait for six confirmations and 32 minutes to get a success message. Aunt Marry just won’t do that to purchase her new fire-red KitchenAid online. If you want to pay in cryptos, many people welcome the added privacy – PayPal, for example, is the opposite, you have to tell them the color of your undies, in front of being able to use their service – and just don’t talk about the fees for retailers… But are crypto payments any better until now? Not really, you also pay high fees, the transactions are traceable (see Bitfury), and they are often slow as hell. I mean the crypto payment gateway tech is cute for the current state, but honestly, it is yet…
There are several new projects that decide to make crowd-sales in which they offer investors early opportunities to purchase a share of projects that includes tokens/coins at a (probably) good price for the particular Altcoin tokens. You wonder about that “probably”? Well, it is not uncommon to see an ICO token below the ICO price, once it hit the exchanges. Legit ICOs can give you a nice return, but these are hard to find in a shark tank full of scammers.
The long awaited release of the ELECTRONEUM wallets is scheduled for today 12:00 PM GMT. The asset is listed on Cryptopia and can be traded there. We expect a huge dump, as many people have been waiting very long for this moment. The ICO has been marketed very strongly and raised the hard cap fast. Miners have been able to trade it already, while the investors had to wait for the wallet release. The wallet had been deactivated due to a security incident, which should be solved now by HackerOne, which also did some intense pen-testing in the last weeks.