The onset of digital trade has upgraded the way we handle businesses and deal with exchanges. In the past, companies that wanted to raise funds for projects had to go through an Initial Public Offering; nowadays, you can create an ICO or Initial Coin Offering. To help these companies broadcast their proposals and projects, there are websites that list upcoming ICOs and rate them according to their predicted return of investment and credibility.
An upcoming ICO list like the directory found on Cointelligence is a collection of Initial Coin Offerings and projects that are expected to launch in the future. The plus side of having such a list is that investors and interested participants of the sale can get the discounted values and bonuses; however, the downside is that these ICOs haven’t been launched yet and there are no ICO ratings at play.
The importance of having an upcoming ICO list
An Initial Coin Offering is one of the best ways to support a potential project at a lower cost since there are bonuses, bounties, and discounts available for those that sign up early. Because of this privilege, a lot of people are interested in putting their money into these projects even without the guarantee of returns, and only counting on the potential growth of the investment.
Having access to an upcoming ICO list allows you to check out the companies and their projects before they actually hit the market. You can see the pre-ICO and the pre-selling prices, as well as first dibs on their technology before they start on their public selling. This kind of listing is important because it allows prospective clients to view the projects beforehand, and make purchase decisions even before the product hits the market. Most listings have a summary of the essential information needed when deciding on whether you should be investing in a project, company, product, or team.
Every person wants to receive the maximum value for his or her money, and the existence of ICO listing and rating websites helps in making sound choices in ICO investments. ICO ratings help in creating a numerical value for the long-term returns and usefulness of the ICO so that customers can decide whether they should put money into it.
How to choose an ICO
A smart trader knows how to get all the needed information and where to get it. If you are a new investor, you can try reading the whitepaper and finding out if their vision, goals, products, and technologies are interesting to you. Aside from that, you can also take a look at the upcoming ICO list and check what experts and raters have to say regarding the ICOs that are expected to launch soon.
There are hundreds of ICOs released every week and all these projects can seem good on paper. However, there are considerations that go beyond what can be seen on the website or on the whitepaper. Due diligence should be done in checking what the return of investment value or potential of the ICO really is.