An ICO one should keep their eyes on that recently finished its tokensell is Titanium. This one is actually trading now. There is a big hype in the market regarding this market and it basically wants to create a distributed network infrastructure for replacing voted and inefficient hardware foundations upon which the internet of the day is based on. One wonders what the founders of the initial internet would have to say about that.
They surely have an all-star team and deserve a seventy percent for that. On the other hand, even though their token economics is quite good, their token price may be a bit high at one dollar per token. They want to raise thirty-five million dollars and have a token supply of sixty million. The bonus offer is at twenty percent. It is not too bad of a venture when one considers all those factors and it can be score similar to the Vice token. There is a lot of awareness for them in the market and a lot of YouTubers talking about them with a presence on Reddit as well so their hype is quite a lot.
The main problem with this project is really what they want to achieve. They are unrealistically ambitious as it says in their white paper that they aim to change the building industry forever, that Titanium will usher in a new era of network construction. As investors, they are not really selling us their idea. It is all just in the air and similar to other ICOs. One yearns to see something more concrete. One gets the impression they are perhaps moving to the blockchain out of a fear of being left behind rather than driven by innovation. The CEO actually founded a company in 1999 that specializes in enterprise solutions for infrastructure management and he is working with larger companies like Apple, eBay and so on. One gets the impression that he is trying to jump the blockchain bandwagon and not really create something new out of the technology he is faced with today.
It is advisable for one to conduct their own research regarding ICOs and their limitations or advantages as the internet is not a good financial adviser when it comes to how one should handle their money, however, a quick overview of the way an ICO works, its token economics and its white papers is a good dive into what the ICO stands for.
Keeping all that in mind, it is essentially up to one’s own self whether they choose to invest in an ICO or not. Research, analyze and approach with caution. The world of ICOs is your own playing field and whatever way you choose to venture out in it, make sure you are fully equipped and motivated before doing so.