Since the Bitcoin, many digital cryptocurrencies have formed, which is frequently referred to as Altcoins, which is an alternative digital currency to the bitcoin but can be used in the same mining functionalities.
What is the best ICO to invest in 2018?
Cryptocurrencies allow people to make secure payments, without having to go through a bank and can be spent on a wide variety of products and services across the globe. There are over cryptocurrencies to date and growing, naming a few: Bitcoin, Ethereum, Digitalnote, Litcoin, Dash. Cryptocurrencies have also set up a new way of thinking for start-ups.
This is where it gets exciting! Start-up companies use cryptocurrency their token and distribute it to its users, to use on their platform or other services now, or in the future. If crypto investors, like yourself, for example, see genuine value in that platform, they will buy their tokens.
Tokens are normally distributed through initial coin offerings and are a means to fund their overall project and growth. If that company does extremely well in the future, their token goes up in value, which is good news for the investor who bought their tokens. To find the best cryptocurrency, you must first find the best ICO. However, there are many Initial Coin Offerings on the market today, and you may be thinking where do I start?
Signs that indicate a Bad ICO
This is where this article fits in. Verifying CVs is very hard for employers and without putting in extensive efforts and money to evaluate and assess every candidate that an employer wants to employ can become very problematic. Especially in an industry where fake CVs and profiles cannot be regularly policed on traditional job boards, like indeed, and social media platforms, like LinkedIn. These are naming just a few of the benefits that a blockchain based record can produce for the recruitment industry.
For example, candidates would be able to manage the blockchain based record of their education, skill performance, references, and training, while employers would be able to gain access to potential data of people who match their criteria to fulfil their job role. This would potentially provide an uplift to the employer, recruitment agencies alike, the proficiency to hire the best candidates. It would also transform how people would perceive the skills needed to secure a job role, and it would add value for them knowing that they have a fully-fledged CV profile that cannot be altered in any way.
Investing is a route the most successful people of this planet chose in the past to become extremely wealthy. With the formation of digital currency, the access to the land of big funds is open to everyone interested. Their existence simply proves that Blockchain is a platform that attracts billions of dollars on a regular basis.
Here are just some of the signals that should set off the alarm sounds in your head, warn you about the sketchy groups: If the project has no advisors, no expertise and no personnel of required skill — it is doomed to fail. If the company is stating that they had plenty of success before in that particular field, you should ask yourself one simple question: Hard cap high ceiling and an overuse of the bonus tip.
Be careful if you spot a financial goal that looks absurd, that means there are less chances for the tokens to hit the exchanges. Long public sales also mean that demand is low! The token is not needed if Etherium and Bitcoin can easily replace it.