As you probably already know, Initial Coin Offerings, ICO’s, have become a topic of much debate in the cryptocurrency community. I wrote a similar article about a week ago, which i called part one. This will be a continuation of that article and I’ll be going over the ICO’s to watch out for in September.
The following are a few ICO’s that I think have good potential. Don’t use this article alone to decide weather or not you should invest in the mentioned ICO’s. This is not intended to be used as investment advice, that’s what our CryptoSig service is for.
Hubii Network – Started August 24 – Ends September 7, 2017
Hubii Network is a Blockchain-based decentralized content marketplace that facilitates transactions between creators, distributors and consumers by leveraging the power of smart contracts. Kick starting this marketplace is Hubii’s existing distribution network reaching out to over 50 million people.
By replacing the middlemen with an e-client infrastructure, content creators earn more, distributors pay less and consumers have more choices. Smart contracts and ‘smart crowdfunding’, all using our native cryptocurrency, Hubiits, will shape the content industry of the future.
This is the same ICO that Floyd Mayweather “promoted” on his Instagram and Twitter not too long ago.
The ICO is already going on, and in fact, ends in just a few days. They have raised a total of 5054 ETH at the time of writing this.
Kin (By Kik) – Starts September 12
On August 29th, the creator of the popular chat platform Kik announced Kin’s upcoming token distribution event will start on Tuesday, Sept. 12, 2017 at 9:00 a.m. ET. Kik also announced it has successfully closed a presale round of US$50 million to select accredited investors. Kik will look to raise a total of $125 million (USD) through its token sale. If they’re successful, this would be the fourth largest ICO in history, according to the money raised (behind Tezos, EOS, and Bancor).
Kin will be a token on the Ethereum Blockchain, and it will be integrated to their (already widely popular) app, Kik as the primary transaction currency. The most recent number I could find for the total number of registered users on Kik is 300 MILLION, and that was from May 2016. Kik hopes to drive mainstream consumer adoption of Kin, potentially making it the most adopted and used cryptocurrency in the world.
The ICO begins on September 12, 2017, at 9:00AM ET. If you wish to participate in this ICO, you must register on their site by September 9, 2017. If you need assistance registering, you can refer to their guide, which can be found here.
Update: Just a few hours ago, Kin put out a statement on Reddit about the token distribution details. Here’s the juicy stuff:
“We will sell 1 trillion Kin tokens for $125 million through the TDE [Token Distribution Event]. Of that amount, $50 million has already been sold in a presale, which received a 30% discount, comprising 488 billion Kin tokens (investors included Blockchain Capital, Pantera Capital, and Polychain Capital). The rest will be sold for $75 million during the TDE, comprising 512 billion Kin tokens.”
Goldmint – Starts September 20
GoldMint is a blockchain-based platform that uses GOLD digital assets, which are 100% backed by physical gold or exchange-traded funds (ETF). This means that one GOLD costs the same as one ounce of gold on the LBMA exchange.
ICO’s Worth Mentioning
- Presearch – A decentralized search engine (Starts September 7)
- TRON – A blockchain-based, open-source protocol for the global digital entertainment industry (Starts September 9)
- Internxt – A Decentralized, Brand new internet. Distributed files, apps and websites in a more secure, private and efficient cloud (Starts September 7)