Hello and I found you well, today we list an important part of this field, ICOs.
ICO - Initial Coin Offering
That is, the method by which smart guys, well-intentioned or not, launch new cryptocurrencies on the market. I mean, I'm raising money to launch it. If this whole process is based on numbers and people, then they also turn to the community to raise funds. So you are offered some tokens for which you pay. Either money or other cryptocurrencies already well established in the market. That money ends up in a fund where the team should work on that currency that will completely revolutionize the industry. That's what they all say.
ICO False
The problem is quite serious. There are many ICOs and you can quickly create one with only a minimal knowledge of web programming. That is a site, a beautiful presentation with some graphics that no one understands and ready. Both. There are even real cases, Benebit being just one of them. A beautiful site, a good marketing team and zero programmers. In the end, they fired a two-million-dollar cannon and no one found them.
How to avoid spikes?
ICOBench.com and ICOmonitor.io are the two sites that I also use to see where reality combines with lies. Here you see almost any new currency, its evolution, and even clear references to possible spikes.
Another fast, useful and safe solution is Reddit.com. The community will always point the finger at ICOs and coins with a question mark. Nobody wants to lose their money.
Oh, and if you want to have fun and create an ICO in seconds, here's the solution: YetAnotherICO.com
It takes a few seconds to create a new site and launch an ICO.
I hope I helped you.
