[John Michael Kane]

Here's a list of ICOs I've found with a short description by each one, plus links to white papers and social media for each platform.

https://www.coingecko.com/ico?locale=en

Like any early-stage investment, the key is doing your homework and asking if they really have invented a better or new wheel, the competence of their core team and also if they have legitimate business standards in place.

[Travesty]

We should make this a private thread.

[NewDayNewFace]

^Why, good game is being chopped up in here.

As mentioned before a big sleeper is ChainLink. It's blockchain linked with Oracle. This will be huge. It has a first mover advantage and the team is stellar. They have a market cap of 35m and I can see this easily having a market cap of over 100m in over a month. This will be a long term hold for me.

Another one to look at his CoinDash. They announced a partnership with NEO and one of the richest men in China. Expect CoinDash to rise up even though it is on a dip right now.

Remember guys buy the dips and sell the high.

[Bill Brasky]

Here is a more digestible description of Enigma Catalyst. I'd give a rundown and quote in my own words but I'm on my phone. Check it out.

https://www.smithandcrown.com/sale/enigm...trategies/

[Sourcecode]

Glad to see people are getting more woke to Crypto and ICOs.
Lots of money in these.. The problem for a lot of people is that they are getting bought up by whales willing to pay high gas prices. Or contracts that sell out so quick that you don't have a chance.

There are also presales that happen before the ico, but there are often 50-100k minimun buy ins

I've been doing ICOs for a while now when I realized it's much more profitable than even buying and holding from the exchange.
It's less glorious, but you're easily double tripling your money right when it hits the exchange.

The solution to get around this is to pool.
I built up some contacts and investors and have been able to get directly in touch with founders and get presale allocation.
Essentially you raise large amounts 500eth or more before the presale and the founders let your ship all lines, sometimes even work out bonuses or discounts.

I've done this for air token, power ledger, aventus and seen thousands of eth move. Can easily verify and explain more details.
The rvfblockchain slack channel is where the bulk if crypto people are.
If anyone is interested in presale pools, find me on the slack or pm me.
Typing this at 6 am on airport Wi-Fi, so excuse any blatant spelling errors.

[Bill Brasky]

There's news that Red Pulse ICO is not allowing Chinese citizens. This is one of the first NEO based ICOs so it doesn't look good. On the other hand, I think it's impossible to stop the Chinese from buying it with their NEO on Binance if it's listed their or on some other exchange.

https://www.reddit.com/r/NEO/comments/6w...ions_weve/

[NewDayNewFace]

^ That means the Chinese will be hawking it down on the exchanges. Easy 2x if you guys want to make a quick flip.

[Biz]

(08-29-2017 10:57 AM)Bill Brasky Wrote:  

There's news that Red Pulse ICO is not allowing Chinese citizens. This is one of the first NEO based ICOs so it doesn't look good. On the other hand, I think it's impossible to stop the Chinese from buying it with their NEO on Binance if it's listed their or on some other exchange.

They did ban the Chinese.

   

[FPT]

(08-29-2017 05:18 AM)Sourcecode Wrote:  

The rvfblockchain slack channel is where the bulk if crypto people are.
If anyone is interested in presale pools, find me on the slack or pm me.

Can someone link me to the slack? I'm interested in this

[FPT]

(08-29-2017 10:57 AM)Bill Brasky Wrote:  

There's news that Red Pulse ICO is not allowing Chinese citizens. This is one of the first NEO based ICOs so it doesn't look good. On the other hand, I think it's impossible to stop the Chinese from buying it with their NEO on Binance if it's listed their or on some other exchange.

https://www.reddit.com/r/NEO/comments/6w...ions_weve/

They banned not only the Chinese but also United States, and Singapore nationals. Some of the biggest markets. And when it hits exchanges anyone can buy it irrespective of nationality, so as NewDayNewFace mentions it looks good for a flip

[Sourcecode]

https://www.forbes.com/sites/laurashin/2...b462ae743a

Quote:

How To Buy During An ICO

1. Get bitcoin or ether.

This is easily done at leading cryptocurrency exchange and wallet Coinbase. Hook up your bank account or credit card, make a purchase, and then wait a few days for your bank to process it. Just make sure to do it at least a week in advance of the token sale you want to participate in, as it takes days for these transactions to go through since they use the traditional banking system. Also note that on Coinbase, the fee for using credit cards is higher — 3.99%, as opposed to 1.49% for bank transactions.

If you plan to keep some bitcoin or ether here, move the bitcoin into the vault, and make sure not to use two-factor authentication via SMS but instead on Google Authenticator or a Yubikey. (More on why this could be a disaster for you below.)

2. Move your bitcoin or ether to a wallet you control.

This step is important because you cannot participate in an ICO from your Coinbase account. The reason for this is that when you use a centralized service such as a company like Coinbase, you do not own the private keys to your bitcoin or ether address. The way the ICOs typically work, you send them your ether or bitcoin, and the smart contract immediately sends the tokens back to your address. But since you don’t have private keys in a Coinbase account, if you send ether or bitcoin to an ICO address from your Coinbase account, you’ll simply be enriching Coinbase instead of getting your desired tokens.

If you’re using ether, which is commonly accepted in ICOs, you can use a site like My Ether Wallet to create a new Ethereum key there and transfer your ethers on Coinbase to that wallet. Another option is Parity, which enables you to do things like invest in an ICO at an exact time — a feature that you might want to use if you believe the ICO will sell out within seconds. If you’re using Bitcoin, Blockchain.info has a good user-controlled wallet. (Many token sales accept other coins as well, but bitcoin and ether are the two most popular.) Once you’ve transferred your coins to a user-controlled wallet, you’ll have an ether or bitcoin address whose private key you control — and that means that you’ll be able to receive tokens there as well.

3. Participate in the ICO by sending your crypto to their address.

The token sale will post an address where money is being collected during a certain window of time. Be very careful that the address to which you are sending coins is actually the address of the token sale. Scams trying to get people to send their ether and bitcoin elsewhere abound. In fact, yesterday, during its ICO, Coindash.io’s website got hacked, and the crooks appear to have made off with $7.9 million worth of ether simply by changing the address on the website to their own.

It's also possible to use a smart contract to make your bid. During the crowdsale for prediction market Gnosis, which I wrote about in the July cover story, because there was concern the crowdsale would be over quickly, people who were, say, living in a part of the world where they'd likely be asleep during the ICO made their bids via smart-contract-powered bidding rings. Because of the time crunch that occurs during many ICOs, many investors try to get in before others during a limited window by paying exorbitant fees to make sure their transaction goes through quickly. For the Gnosis ICO, these bidding rings collected people's money beforehand and made the bid for them at the appropriate time, thereby saving individual investors money because the exorbitant fee was now split all bidding ring participants, rather than just one person shouldering it. This also meant that the investors didn't need to trust a person or institution to return their fair share of tokens to them.

4. Once you have your tokens, figure out how to store them.

If you have a significant amount of money invested, it’s best to use a cold wallet (one not connected to the internet), and particularly a hardware wallet, which is a device specifically designed to hold bitcoin, ether, and other crypto tokens securely. The two most popular hardware wallets are Trezor and Ledger. Whichever you get, plug it into a USB port, transfer your coins to the address that comes with your hardware wallet, and afterward, unplug it from your computer. You’ve just stored your coins so they are secure even from viruses on your computer.

If you lose your hardware wallet, you can re-create it using what’s called a paper backup — a series of words that you can use to obtain your private keys again.

5. If you want to store a coin not supported by your hardware wallet …

This isn’t very common now that almost all tokens follow what’s called the ERC-20 standard (a standardized token on the Ethereum network), but in case you have an obscure coin that isn’t supported, one option is to store those coins in an encrypted text file on a USB drive. Afterward, unplug it from your computer and keep it stored in a safe place such as a safety deposit box until you need to use the coins.

Again, create a piece of paper with the information necessary to re-create the private keys. Each coin should have a guide on how to do this since the method differs slightly coin to coin.

Another option would be to store those coins on an exchange. However, if you do so, be sure to secure those coins with what’s called two-factor authentication, not with your phone number, but with either Google Authenticator or a Yubikey. (More on that below.)

How To Buy Tokens After Their ICO

1. Get bitcoin or ether.

Same as step 1 outlined above.

2. Transfer it to an exchange that has the coins you want to buy.

Typically, crypto exchanges Poloniex, Kraken or Bittrex have a large number of tokens on offer, including some of the newest ones.

When you find an exchange offering the token you want, create an account and obtain your address on that exchange. Copy it, and then go to Coinbase and paste that address into the send box. Within a few minutes, your money will show up on that exchange.

3. Set up two-factor authentication on your account, but not with your phone number.

This is an incredibly important step, and the part about not doing this with your phone number is key. Do not skip this step and do not use your phone number for security unless you are willing to let hackers come and steal your coins, which they will do.

They have been targeting people both well-known and not well-known in the crypto space and plundering their accounts on centralized exchanges. Their method is to persuade a customer service rep at a telco that they are their target (say, you) and that "you" want to move the money from, say, Sprint to T-Mobile (in reality, their device). Once all the phone numbers and cell phone messages meant for you are going to their phone, they then go to your crypto and other accounts (such as your Kraken or bank account or Gmail or Twitter or Dropbox) and select “forgot password.” If you have two-factor via SMS or text message enabled, they now change your password, lock you out and move your bitcoin or ether to their own wallet — and since crypto transfers are not reversible, you will then be out of luck.

Instead of using your phone number for backup, use the Google Authenticator app, which creates new codes tied to each specific service at short intervals, or an external device such as the Yubikey.

4. Exchange your BTC or ETH for the token.

Once your tokens on a centralized wallet are safe from being whisked away by two-factor via SMS, find the trading pair you want. Let’s say you have bitcoins and want to exchange them for REP, the coin of the prediction market Augur, which launches this August. Choose how many tokens you want to buy, and if you’re making a limit order, how much bitcoin you’d like to pay per REP.

5. Store them securely on a hardware wallet.

If you’re not planning to trade, transfer your new coins to your own hardware wallet as outlined above. Then, be sure to secure that, perhaps putting it into a safety deposit box at a bank and keeping your recovery backup in more than one geographically distinct and secure locations.

[Nowak]

What do you guys think about this in terms of buying into new ICOs?

http://www.zerohedge.com/news/2017-09-04...gs-illegal

[[email protected]]

Seems it's not just banning ICO participants from China that has shaken the market. Chinese holders are pulling out due to the fear that exchanges and fiat gateways may soon also be frozen or banned by the Chinese government.

[Deepdiver]

I like this one a lot - One Coin backed by 30 Cryptos with dividends... just need to do due diligence on the counter party (Coin Team and Funding) risks...

Seems like a good diversification on top 30 Cryptos - plus protocols for up and comer coins/assets/wallets etc.

XIC Whitepaper:
https://docs.google.com/document/d/16kLR...J7flk/edit

https://digitalcurrencyindex.io/index-co...agreement/

XIC Presale
Begins October 2nd
Index Coin (XIC) Crowdsale Agreement
Index Coin (XIC) Crowdsale Agreement

The following terms govern the Crowdsale of the “Digital Currency Index Coin” or “Index Coin” or “XIC”

Nature and use of smart contract and coins

Smart contracts are computer protocols intended to facilitate, verify, or enforce the negotiation or performance of a contract. The ‘Index Coin’ or ‘XIC’ Smart Contract was developed by Digital Currency Index, LLC. By using the XIC smart contract, including its coins you expressly acknowledge and represent that you have carefully reviewed and accepted this agreement between you as a User and the Company. This agreement is deemed to be concluded in the United States between you and the Company on the date and time you start using the Software.

THE SOFTWARE, INCLUDING COINS IS PROVIDED “AS IS”, WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NON-INFRINGEMENT. IN NO EVENT SHALL THE AUTHORS OR COPYRIGHT HOLDERS BE LIABLE FOR ANY CLAIM, DAMAGES OR OTHER LIABILITY, WHETHER IN AN ACTION OF CONTRACT, TORT OR OTHERWISE, ARISING FROM, OUT OF OR IN CONNECTION WITH THE SOFTWARE OR COINS, OR THE USE OR OTHER DEALINGS IN THE SOFTWARE OR COINS.

Purpose of the smart contract and coins

XIC Coins are being issues as market tradable certificates supported by the underlying assets but not exchangeable for the underlying assets of the Digital Currency Index (DCI).

Liability

Digital Currency Index, LLC is not responsible for contributions made from non-supported wallets. All contributions should be made from https://www.myetherwallet.com/ to avoid issues.

Conversion

The conversion rate listed on our website https://digitalcurrencyindex.io/ is subject to the market price of Ethereum via the https://www.kraken.com/help/api. Digital Currency Index, LLC is not responsible for the accuracy of this exchange rate.

Description of the Issue

The maximum issue of the XIC is capped at 200,000,000 coins. Once initial minting has started the contracts cannot be changed. The issue will follow the publicly available allocations listed on https://digitalcurrencyindex.io/index-coin/. All ETH Raised will be allocated using Digital Currency Index, LLC’s proprietary algorithms into other digital currency assets.

Liquidity

The XIC will be an exchange traded token. At no time will holders of the token be able to exchange their token for the underlying assets of the index. Digital Currency Index, LLC and its team are not able to override this rule. All liquidation of participant holdings must be done on an open exchange at current market rates. Digital Currency Index, LLC is not responsible and does not control the market rate of the XIC Token.

Buy Backs

Digital Currency Index, LLC reserves the right to buy back XIC Tokens from the open market at the open market rate.

Dispute resolution

Any dispute, controversy or claim arising out of or relating to this agreement, or the breach, termination or invalidity thereof, shall be settled by arbitration in accordance with the [IACC Arbitration Rules] (https://github.com/Cryptonomica/arbitrat...Rules/IACC) in the version in effect at the time of the filing of the claim. And unless the parties agree otherwise in writing: – The language to be used in the arbitral proceedings shall be: English. Any dispute arising out of or related to this agreement is personal to you and Company and will be resolved solely through individual arbitration and will not be brought as a class arbitration, class action or any other type of representative proceeding. There will be no class arbitration or arbitration in which an individual attempts to resolve a Dispute as a representative of group of individuals. Further, a Dispute cannot be brought as a class or other type of representative action, whether within or outside of arbitration, or on behalf of any other individual or group of individuals.

Crowdsale Bonuses

The XIC Crowdsale Bonuses outlined on https://digitalcurrencyindex.io/index-coin/ are bound to the issue of our contracts. Once the contracts are issued these cannot be changed. Project Founders and Project Partners were given access to purchase no more than 20% of the total issue prior to the open crowdsale. No coins were given or issues to any person or organization without contribution.

Severability

If any term, clause or provision of these Terms is held unlawful, void or unenforceable, then that term, clause or provision will be severable from these Terms and will not affect the validity or enforceability of any remaining part of that term, clause or provision, or any other term, clause or provision of these Terms.

Participation

By contributing to the XIC Crowdsale you agree to be bound by these terms and conditions.

Appears to have an office/based in Ohio, USA not No Cryptos ICOs and Exchanges, PRC...

[SamuelBRoberts]

What the hell does it mean to be backed by something if you can't exchange it for the underlying assets?

[Deepdiver]

SBR... Basically a free market coin version of an ETF without the SEC trying to control everything for benefit of Wall Street banksters.

A coin of coins without all of the multi wallet/exchange complications with diversity if any one of the top 30 coins goes poof and out of business...

[Cattle Rustler]

delete

[Olav]

Has anyone looked into Cobinhood? Has all the signs of a scam for me, and seems to be under the radar.

[Ray Carlton]

So what is the ICO we need to invest in October?

[NewDayNewFace]

Cobinhood has been promoted by Jamie Foxx. So I'd consider it a scam.

The ICO of October is Red Pulse for me.

[thebassist]

Best pick I've seen so far is Request Network. Just gonna do a quick and dirty post since I can't be fucked to go all out on explaining right now.

https://blog.request.network/

Quote:

What are we building?

Request is a layer built upon Ethereum which disintermediates payment requests.

What does that mean?

Every time you receive an invoice, a receipt, or make a payment online, a third party is used to generate and share this request. This third party is usually PayPal, Stripe, or any accounting software.

In the near future, instead of using a third party, you’ll create your request directly on the blockchain which will enable a seamless payment experience. This process carries a number of benefits:
-It will be cheaper
-It will be more secure because you won’t share your financial information
-It will be easier to pay, thanks to the blockchain interoperability between the payee app and the payer app

And this is just the beginning; Request builds upon this concept even further.
-Request works with every currency
-Request enables accounting in real time
-Request improves financial audit with smart algorithms on the blockchain
-Most interesting is the fact that Request allows machines to pay each other within a standard framework

For more information visit their blog (medium page) which I linked above.

Personally I like the potential applications of their service to accounting and auditing the most- their other main niche of leveraging blockchain for payments seems to be pretty crowded already so the two that I mentioned before give them first mover advantage.

Although the team is by no means star-studded (no big names, no big companies in the track record) I think the biggest quality assurance is the fact that they're a startup backed by Y combinator (who launched AirBnB, Dropbox, Reddit and others) as well as ING bank.

More importantly, their ICO terms are great- raising 100K ETH in an individually capped ICO which they are limiting to 21,000 participants in total (thereby guarranteeing a 4.7 ETH individual cap), rigorous Know Your Client protocol (passport and passport selfie) and the exclusion of Americans (sorry Americans in here!). As a result, any big players looking to accumulate have to resort to buying on exchanges, or somehow getting their hands on a large number of people wiling to hand their passports and a passport selfie (which they may be able to to, but only up to a certain extent). Additionally, interested Americans will also be forced to buy it on exchanges, creating further demand-side pressure (hopefully).

An informal hype metric for this ICO would be the fact that every single medium article of theirs is getting hundreds of 'claps' (equivalent of a 'like' or upvote), even more on average than the articles published by Kyber or any other ICO that I can think of so far.

A positive indicator for investment is also the fact that their dev team are properly active on their slack, give development updates, publish medium articles and write papers outlining applications of their product. Goes to show that they are very attentive towards investors, and when combined with their rigorous KYC procedure for the ICO I think that bodes well for the chances of earlier listing on proper exchanges. Kyber was very similar in that they also had a very well-organized crowdsale, communicative dev team, and they ensured that their token was available on a number of bigger exchanges very shortly after tokens became tradable.

Personally I'll be looking to flip a portion (not sure how much, probably at least half) of my account shortly after ICO during peak hype (once it hits big exchanges) and then maybe leave the rest for longer-term storage as the project progresses.

Most Importantly:
The signup to the ICO closes very soon, as they are allowing only 4,000 more participants in the ICO. To sign up you need to register your email to their slack channel at this link, and then you are officially part of the whitelist:
https://request-slack.herokuapp.com

Even if you are unsure of buying right now, I would encourage y'all to sign up an email to their slack, and you can always make the final investment decision later.

[dasher]

(09-25-2017 05:26 PM)thebassist Wrote:  

Best pick I've seen so far is Request Network. Just gonna do a quick and dirty post since I can't be fucked to go all out on explaining right now.

https://blog.request.network/

Quote:

What are we building?

Request is a layer built upon Ethereum which disintermediates payment requests.

What does that mean?

Every time you receive an invoice, a receipt, or make a payment online, a third party is used to generate and share this request. This third party is usually PayPal, Stripe, or any accounting software.

In the near future, instead of using a third party, you’ll create your request directly on the blockchain which will enable a seamless payment experience. This process carries a number of benefits:
-It will be cheaper
-It will be more secure because you won’t share your financial information
-It will be easier to pay, thanks to the blockchain interoperability between the payee app and the payer app

And this is just the beginning; Request builds upon this concept even further.
-Request works with every currency
-Request enables accounting in real time
-Request improves financial audit with smart algorithms on the blockchain
-Most interesting is the fact that Request allows machines to pay each other within a standard framework

For more information visit their blog (medium page) which I linked above.

Personally I like the potential applications of their service to accounting and auditing the most- their other main niche of leveraging blockchain for payments seems to be pretty crowded already so the two that I mentioned before give them first mover advantage.

Although the team is by no means star-studded (no big names, no big companies in the track record) I think the biggest quality assurance is the fact that they're a startup backed by Y combinator (who launched AirBnB, Dropbox, Reddit and others) as well as ING bank.

More importantly, their ICO terms are great- raising 100K ETH in an individually capped ICO which they are limiting to 21,000 participants in total (thereby guarranteeing a 4.7 ETH individual cap), rigorous Know Your Client protocol (passport and passport selfie) and the exclusion of Americans (sorry Americans in here!). As a result, any big players looking to accumulate have to resort to buying on exchanges, or somehow getting their hands on a large number of people wiling to hand their passports and a passport selfie (which they may be able to to, but only up to a certain extent). Additionally, interested Americans will also be forced to buy it on exchanges, creating further demand-side pressure (hopefully).

An informal hype metric for this ICO would be the fact that every single medium article of theirs is getting hundreds of 'claps' (equivalent of a 'like' or upvote), even more on average than the articles published by Kyber or any other ICO that I can think of so far.

A positive indicator for investment is also the fact that their dev team are properly active on their slack, give development updates, publish medium articles and write papers outlining applications of their product. Goes to show that they are very attentive towards investors, and when combined with their rigorous KYC procedure for the ICO I think that bodes well for the chances of earlier listing on proper exchanges. Kyber was very similar in that they also had a very well-organized crowdsale, communicative dev team, and they ensured that their token was available on a number of bigger exchanges very shortly after tokens became tradable.

Personally I'll be looking to flip a portion (not sure how much, probably at least half) of my account shortly after ICO during peak hype (once it hits big exchanges) and then maybe leave the rest for longer-term storage as the project progresses.

Most Importantly:
The signup to the ICO closes very soon, as they are allowing only 4,000 more participants in the ICO. To sign up you need to register your email to their slack channel at this link, and then you are officially part of the whitelist:
https://request-slack.herokuapp.com

Even if you are unsure of buying right now, I would encourage y'all to sign up an email to their slack, and you can always make the final investment decision later.

The slack invite link says it's offline for maintenance, which I'd assume means they're reached the cap & turned it off, but haven't yet put a better message up there.

Slightly related - can someone PM me the rvf crypto slack?

[thebassist]

Slack just reached 21k members, hopefully some eurofags picked up on this last night since the whitelist is most likely closed now.

[dasher]

(09-26-2017 04:13 AM)thebassist Wrote:  

Slack just reached 21k members, hopefully some eurofags picked up on this last night since the whitelist is most likely closed now.

Must have missed it by a hair.

[superschalk]

I am on the Request whitelist but I will not buy any more ICO coins as long major exchanges are not starting listing new coins. If Kyber the best ICO this month does not get listed on Bitrrex till the Request token launch I will not buy.

Seriously there is no point to buy all these ICO tokens if no major exchanges are listing them. Surely you can flip some of the tokens on ED but for a mid to long term values these coins need to go on bigger exchanges. People just end up holding tokens while the Etherum price could potentially spike because of Metropolis.

If you believe in Request as a product it might be smarter to buy Omisego. These guys are listed on the bigger exchanges and offering a similar product. There marketing is also brilliant. They posting regular rumors on social media which always results in some great spikes.