TOP-3 Ongoing ICO 25.01 - 31.01 according to our readers

Let’s check which ongoing ICOs from 25th to 31st January are considered the best according to our readers
01 February 2018   4250

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. Budbo

Budbo, Inc., is creating a Global Cannabis Blockchain built to drive efficiency, transparency, and data-driven analytics into this nascent industry. Budbo will be the first of its kind, fully integrated blockchain based solution that serves as the backbone for cannabis legalization, medical research, and the cannabis ecosystem as a whole. Utilizing the GPS technology to track cannabis movements from seed to sale, the blockchain allows Budbo as a company and industry to track the entire journey from grower to consumer. Collecting a network of verified and immutable data available to the public will also standardize and regulate interactions between cannabis users, dispensaries, medical research facilities, and state & federal governments. The token being a true utility token will act as the api key to send and receive global cannabis data and valuable insight into the processes in all sectors of the cannabis industry. The global cannabis blockchain solution will help aid in transparency, compliance and regulation for local and federal governments, helping push forward the legalization movement.

Budbo ICO
Budbo ICO

39 755 425,994 BUBOs sold

Great result! And the sale is still ongoing!

2. ClearCoin

ClearCoin's global advertising exchange technology built on top of blockchain is a bold solution to the aforementioned problems. The global advertising exchange connects advertisers and publishers and tracks all transactions in a proof-of-history ledger. The proof-of-history ledger is built on blockchain and helps combat ad fraud and inaccuracies.

$3.35 million raised so far

47% of tokens sold. And Sale is planed to finish on 31st of March. Good progress.

3. Let Bet

LetBet announces ICO to revolutionize online gambling LetBet will issue its cryptocurrency named LBT to enable a decentralized, trustless, and fast online gambling protocol powered by blockchain. Belize, 28 December 2017: Blockchain-based online gambling platform LetBet is releasing its own digital currency named LBT to disrupt the status quo of traditional online gambling systems - delays, unfair payout systems and the innate trust on a potentially corrupt third party. Hence, it will revolutionize the online gambling industry and aims to bring the industry to a new future in the next few months. The online gambling industry is currently valued at about 500 billion USD. This amount is increasing continuously and is slated to reach nearly 1 trillion USD by 2021. Given the development of internet and mobile, the online gambling industry will become a big boom in the very near future. This sector consists of many business models & technologies, including Sports Betting, Online Poker, Casino Games, Online Bingo and Online Lottery, among others.

Let Bet
Let Bet

At the moment of press, pre-ICO is ongoing. 11.89m LBT tokens sold

We will keep our eye on these campaigns and we hope that their projects will be successful. We are really grateful to our readers for your opinion expression. Please, check the updated Top Ongoing ICO and take part in new poll!

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3 ICOs of Extrabit banned by Alabama Securities Watchdog

Alabama Securities Commission (ASC) has ordered alleged cryptocurrency mining firm Extrabit to stop its token sale offering in the state
25 May 2018   57

The U.S. state's securities regulator, the Alabama Securities Commission (ASC), has supported its colleagues in Texas and New Jersey in hitting out at ICOs that are soliciting local citizens. The cease-and-desist order which was published yesterday  claimed that the agency has ordered purported cryptocurrency mining firm Extrabit to cease its token sale offering in the state.

The ASC declared the company has been illegally begging Alabama investors with what it considers an unregistered securities offering after it announced its token sale on the website of WSFA, an NBC-affiliated TV station recognized in the state capital, Montgomery. While presently the online advertisement appears to have been taken down, the agency said in the order that the firm originally claimed that investors in the pre-ICO phase could buy Extrabit's token "EXB" at half price.

The advertisement claimed that in order to take part in the pre-sale, the user should invest $20,000 and after the purchase, the tokens will be sent to MyEtherWallet within 48 hours. Then, Extrabit's white paper states that, since the firm generates its profits chiefly from mining bitcoin, zcash and monero, it pledges a 185 percent return on investment every quarter for investors who maintain a positive balance in their EXB wallet.

As well as offering unbooked securities, the ASC said the project made "materially misleading" suggestions to deceive investors. Extrabit is not the only token project that is targeting residents in Alabama. A Google search for "token sale" on the WSFA website currently comes up with over 200 press release-style ads from various ICO projects. 

The ASC has also checked two other token sale projects, called LEV and Platinum, with cease-and-desist orders entered on May 2 and May 18. Like with Extrabit, the agency charged the two projects of selling unregistered securities in Alabama while making vaporous promises to potential investors over the likely returns on investment.