TOP-3 Ongoing ICO 11-17.01 according to our readers

  Let’s check which ongoing ICOs from 11th to 17th January are considered the best according to our readers
18 January 2018   799

Our readers are dedicated cryptocurrency enthusiasts and fans of blockchain technology. We provide them with the ability to express their opinion regularly. Let’s check top three ongoing ICO according to our readers.

1. Sether

Social Network Automation for Blockchain Developers. Sether is the first smart social media data oracle. Existing data oracles move data between any external source and the blockchain. Sether moves, monitors and analyses social media data for the blockchain, automating integration with social networks.

Sether's team showed great results and was able to sold around $ 28 000 000 worth tokens during the pre ICO from 4th to 14th January.

2. PayPro

PayPro is a financial marketplace where any Decentralized Application (dApp) will be able to offer its services. Thus, dApps will be competing among them to become your supplier, not the other way around as with banks. The key feature of PayPro is that it has brought decentralization to a new level; our marketplace is not decentralized only at a technical level but also at a strategic level. 

At the moment of press, PayPro raised $750k during Seed Round + 783 ETH during presale + 53 ETH during main sale. ICO ends on 22.01.2018 (in 4 days).

3. Scrinium 

Scrinium is a decentralised blockchain-based portfolio investment platform that operates using smart contracts. It solves several widespread investors problems:

  1. Amount of knowledge and analytics skills required for trading is hard to keep up with,
  2. Copy trading presents a user with significant level of risks and investment loss and don’t guarantee profits,
  3. Several intermediaries participation and centralised schemes of trading result in low profit from archaic forms of investments.

Scrinium was able to sold out all 18 000 000 tokens available for pre-ICO. Main sale will start in 23 days, on 11th of February 2018. 

As you can see, year 2018 for ICO campaigns started really good. Top 3 ICO of this week showed great results extremely fast. Our readers have great “sense” for top ICOs and showed their support for those, that are truly on the top.

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Token Sales Still 'Rampant', China State TV Says

Country's highest-level government mouthpiece, has hit out at domestic ICOs that it says are still "rampant," despite a 2017 ban
23 May 2018   65

China Central Television (CCTV), the country's largest government mouthpiece, paid attention to the ICO theme, saying that this sphere, despite the ban introduced in 2017, is still "rampant." This is reported by CoinDesk.

During the Financial News broadcast, the media reported that the ban on the ICO was imposed last September by the People's Bank of China did not deter local investors from investing in the crypto sector. On the contrary, their desire for rapid enrichment led to the rise of this area of ​​the economy.

Further, CCTV told about the sharp rise, as the Chinese crypto community calls them, "air coins" - told about tokens, for which there are no legally registered companies - and stated that the number of these "air coins" increased by 30 times after the ICO ban.

While many business entities have moved their projects overseas following the ICO ban, a lot of these 'air coins' carried on fundraising in China without migration because they are loosely organized as a temporary team, not even a formal business entity.
 

CCTV

These projects often state that they are connected with well-known crypto-currency investors like Li Xiaolai, one of the first investors and bitocain evangelists in China, to appear legitimate.

99.99 percent of the time, I'm being associate with these projects without even knowing it. There's always this fear of missing out (FOMO) among investors. And when they can't make judgments by themselves, they tend to refer to whoever influential is associated with the project.
 

Li Xiaolai

Cryptocurrency investor

China's central television is not the first time trying to tell the public about the "chaos" that prevails in the crypto-currency market. Simultaneously, China's law enforcement agencies stepped up efforts to combat projects aimed at attracting investor funds through the sale of tokens.