Hot ICOs of October with low market caps
I posted this on ETHtrader and Cryptocurrency, but want to get as many as opinions as possible/include non-ETH ICO's.
In my experience, the really big ROIs come from investing in ICOs with low market caps. Some examples are LINK (4x-5x ICO price) and DNT (maxed at 24x and still at 5x ICO price). Obviously, lots of research has to be done to differentiate the good from the bad, but its worth it for the potentially huge returns. Even when projects are solid like Bancor or Filecoin, there ends up being almost no room for growth because if they evaluate themselves with 200+ million dollar market caps and proceed to raise that much, the price has nowhere to go but down post-ICO. Therefore, I'm only interested in discussing solid, low-market cap ICOs here. I'm going to list the top few choices I've seen posted here and elsewhere, and I'll update the list per your suggestions.
AirToken - issues with the ICO - The AirToken is a new Ethereum ERC20 token that unlocks free mobile internet through advertising and spot rewards. Besides the stacked team, AirFox is already an established technology that works. With a 15 million dollar market cap, I'd expect a nice ROI. A working mobile app could easily bring the cap up 5x what it is now, if not more. ICO is almost closed for this one. Edit: I've been informed the Airtoken ICO has had some minor issues with the ICO. Just a heads up, proceed with caution.
Upfiring - Incentivized P2P file-sharing. Pretty unique and overall solid concept with a very low market cap. If the app is successful I expect to see huge returns - for reference, similar projects like Siacoin and Filecoin are valued at 20x-30x Upfiring's ICO price. I skyped with them over an issue I had at the start of the crowdsale and they were very nice/knowledgeable. Their crowdsale contract is also made with in such a way as to prevent people from losing their tokens if they accidentally contribute from an exchange or incompatible wallet. Solid project overall.
Airswap - Similar to shapeshift and 0x, but with a few twists. The team is large and is serious about the project. They use a whitelist for their token sale. There's a lot of competition here but it seems promising - we're in need of a good token swap protocol, as none have really stood out as the best yet. Edit: Cap is bigger than I thought. Still a good project but less of a margin for profit.
Cindicator - Sold out - Really an incredible idea, but far-reaching like Golem. Very low market cap for such a large team and project, and as far as I'm aware it is about to be reached. The predictive market AI based on staking tokens is an exciting idea and it will be interesting if it is implemented properly as a way to advise investors. They promote collective intelligence which blockchain technology is perfect for.
Edit: Token Sale sold out.
EnjinCoin - Cryptocurrency for gamers, a huge market. They have a small team (4 people, plus advisors) and are seeking to raise $25 million according to my understanding. Very well put together roadmap, whitepaper and website.
Request Network - "Raising 100K eth, 21K people in slack before they shut down whitelisting weeks ago, and backed by the top silicon valley seed fund YCombinator."
Electroneum - removed - kind of a dodgy, cut and paste blockchain - Coin with mobile mining, made as an introduction for non-crypto users into the crypto world.
Once again, this is just a few that I've found so far based on my own research over the last few months. I have some other projects I'm looking into for November as well, but will make another post when that gets closer. Let's get past the shills and find projects that are actually good, cause they are out there. As I said I will add projects to the list as you guys suggest them - let's find which ones are worth our time.
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