Why ICO | Engaging Cryptocurrency and ICO 2018
Are you one of those individuals who have a vast idea about ICO, cryptocurrency such a Bitcoin, Etherium, the blockchain, crypto market and other crypto world kinds of stuff? Or a professional investor who has a lot of experiences in crypto trading and investing? Then maybe it will give you less interest in reading this. However, I will also feature atleast 1 ICO which is very interesting for me since it is very capable of helping our society nowadays. This blog is also intended for those individuals who don't have any idea or if they heard it, knows very little about what mentioned above. Or I shall say in Layman's term, this blog is intended for "newbies" in crypto world.
Hello there readers! My name is Earl. Few months ago I was also a newbie who has a big desire for learning things like this. It all started when one of my friends kept on telling me to try to invest some of my money into an ICO. The first time I heard the word "ICO", I was thinking about an international food chain group, making their shares available in the stock market like McDonalds, Max`s, Jollibee etc.
I became so interested in my friend's idea because the fast-food franchising business in my country is doing really good. So "Why not?!" I said. But then I was so surprised when he said that it's not about the stock exchange market, it's about cryptocurrency. Which I don't really have any idea on what it is and how it works.
Due to curiosity, I've done lots of research and studies about how to get engaged in this field and how to earn - especially in ICO (initial coin offerings). Then I started to get engaged by participating in some events. I admit that it is not easy for me at first, based on the fact that I have ZERO knowledge about this. Since I don't know most of the words used, I kept on reading websites for updates, lots of blogs in (this site is very helpful ICOBAZAAR), and always asked the help of my friends whenever there are things that I need to understand.
I'm not saying that I've already become "pro" or very knowledgeable in this field, however, I just want to share, up to my level, and give everything I've learned about cryptocurrency(kinds of tokens), what is blockchain, what is ICO and how it works, how to earn easy coins, how to make your own crypto wallet, and lastly, I will give you some pros and cons of ICO. Perhaps I will give you a walk-through on how to earn points inside a project through affiliation or referral. I know that there are still more for me to learn. And if I learned it thoroughly, I definitely love to share it with you. I hope you will get some insights and in return, share it to some newbies you knew.
What Is ICO and How it works | 2017 ICO Status
Initial Coin Offering (ICO) have created a huge attention in the virtual world nowadays. Its a fund-raising initiative by a certain company to meet up the funds required to start a project.
Built over the blockchain, a company will generate/create a Token (a virtual currency for making and receiving payments inside the Blockchain) and invite investors to purchase the token at a lower price or simply saying, "at a discount". The money received will be used in the development of a future product or services.
Built over the blockchain, a company will generate/create a Token (a virtual currency for making and receiving payments inside the Blockchain) and invite investors to purchase the token at a lower price or simply saying, "at a discount". The money received will be used in the development of a future product or services.
This Token is promised to increase its value after the ICO get started. It can be compared to the stock market. If the demand for the product will increase, its price will also increase. In ICO, this is determined by the funds that the company received. If the token will be appreciated in the cryptomarket and a lot of investors are investing, the value of the token also elevate. It's more like a race.
According to the data graph released by ICOdata, there are 873 ICOs in total(successful and unsuccessful). Raising funds dramatically breached to $6,137,710,958. And Piccolo Research said, there are 10 ICOs emerging per day.
Later on my other page, I will give you a sample company which is currently doing an ICO event. This company is really interesting that if you invest, you feel like you are a HERO.
https://bit.ly/2MU3dlU
According to the data graph released by ICOdata, there are 873 ICOs in total(successful and unsuccessful). Raising funds dramatically breached to $6,137,710,958. And Piccolo Research said, there are 10 ICOs emerging per day.
Later on my other page, I will give you a sample company which is currently doing an ICO event. This company is really interesting that if you invest, you feel like you are a HERO.
https://bit.ly/2MU3dlU
ICO Benefits | Investing in an ICO Event
Imagine yourself sitting on your couch, watching your favorite football game while just waiting for an Extra Income. So relaxing right?! How to do it? Thats the question!
Why not engage yourself in the CryptoWorld? Invest in an ICO (Initial Coin Offering) project. ICO is a fundraising project by a company to start their new product or services. It generates virtual tokens and sell it to the early backers for a low price or with percentage and expect the token to raise its price during the project begin its operation.
Because of the excellent reputation of BITCOIN, the number of the companies doing ICO also increased, aiming to promote the developed token in the market. It might be risky to invest however in the crypto trade world, investing in an ICO is the most profitable thing to do. Why? Here are some benefits and its reason.
- NO HARD WORK
Do you believe in saying, Hardwork Pays Off? Well, this is an exception. you can also earn with just a little amount of work. By only reading online the Whitepaper(Project Plan/Content) of the ICO you will know if you are investing in a profitable company. Meaning, it will give you "to invest or not" option. And furthermore, it will save your time.
- EASY EARNING
Prior to the launching of an ICO, the token you invest has the lowest price value. When the ICO hit the mainstream, it has a very high possibility to have a high demand on the products or services offered in the market. The higher the demands are, the value of your invested token will also increase. Make sure to sell your token at this point to get decent earnings.
- A WIN-WIN CATCH
It surely results in positive impact when investing in ICO. The Entrepreneur will be able to raise its fund needed for the project and you as an Investor will gain a decent profit margin in a short period of time.
- SECURED
When searching promising ICO that fits for your investment, you must also consider reading the Whitepaper of that particular ICO. The legit one includes the names and contact information of the individuals behind the project. However you have to remember this point, "if the Products and Service`s promises are too good to be true, It is mostly not a secured ICO or its a scam ICO".
- A BIG HELP
This venture is not only centered on Entrepreneur-Investor`s gain. Most of the start-ups develop a P&S aiming to do something on the problem arises in the present situation of the community. Such as traffic problems, health, data sharing, etc. making the community aware that there are hopes or way for them to resolve their problems.
Remember, do thorough research on the possible ICO to invest on. If necessary, contact them and ask everything you want to know regarding the project. What mentioned above are just 5 reasons for you to invest in ICO. There are a lot more reasons which motivated many individuals who are constantly earning now.
ICO Risks | Some Disadvantages
Investing in an ICO (Initial Coin Offering) is like a gamble. It has a win-or-loss chance. From the title itself “INITIAL”, it means that the project is not stating yet. Or to make it simple, it’s only a “Concept”. The idea is to raise funds from the investors by selling its generated tokens at the low price and promise to make the token`s value increase on the given time. Well, to be honest, its possible provided that the ICO is successful.
According to the article released by Bitcoin, almost half or 46% of the ICOs last 2017 failed. Leaving all its investor empty-handed. Yet, there are still ICO start-ups who are eager to be in the limelight. And the numbers are kept on increasing.
These are Some Disadvantages of Investing in an ICO.
- NO GUARANTEE
Since the project has not started yet, you cannot conclude that it will be successful with respect to the timeframe given by it whitepaper. There are no guarantees for the Token you invested to increase its value at the time when the ICO begins.
- NO RULES
Almost all counties around the world, still don’t come up with the rules governing ICO`s. Meaning, if the ICO failed its operation or come to a downfall, it's merely impossible for you to run after them and ask for your money back.
- PRONE TO HACKERS
We all know that ICO`s are built over the Blockchain which is decentralized or a public open ledger, given that all informations are impossible to manipulate, we cannot disregard the fact that in this world, there are talented hackers who are interested on this. They even hacked American Central bank before, which is said to be the most secured banking system in the world.
- MOST OF THE INVESTORS ARE NOT EXPERTS
Let`s just make this short. ICO somehow doesn’t care about who’s investing. As long as investors are capable to provide for their funds, they are good to go. It means that most of the ICO investors are only enthusiasts aiming to be the next millionaire.
- GENERATED TOKEN VALUE IS NOT STATIC
All of this is summed up to one word. “RISKS”. This article is not suggesting that you must turn your back from ICO investing. In fact, it aims to make investors aware that there are things like this to consider and challenge themselves to conduct more studies before engaging with ICOs. Besides, sometimes we tend to take risks in order to be successful.
Tokens | Security Tokens vs Utility Tokens
SECURITY TOKENS
Security tokens are crypto tokens issued to investors in exchanged with there money during the ICO event. This token is designed for pure investment. In can pay a dividend, share profits and expect returns. Allowing its investor to take part in the decision making of the ICO. It is governed by the security and regulation of the federal government and failure to meet and comply with this regulation will subject to a costly penalty or closure of the project. This kind of token is prohibited in some countries.
UTILITY TOKENS
It is more called as an App Coin or App Token it has a utility purpose inside the blockchain that a certain ICO team created. the token is properly instructed to gain only a portion access to a company`s future products or services. This token is exempted from the federal laws governing securities.
Cryptocurrency Wallet | Tutorial on How to create your own Cryptowallet
In the crytpo trading, you must have your own wallet for your cryptocurrencies. A cryotocurrency wallet stores your private keys so as your public keys. This wallet can interact with the blockchain in order to see the status of the cryptocurrencies. This is very essential since this is where you make and receive your transactions. There are numbers of downloadable wallet available in the net. However, I will just discuss what I am using.
From here, since I am a myetherwallet user, we will create a sample MEW ( MyEtherWallet) account for learning purposes.
- First, on your computer, go to the address bar and type myetherwallet.com website.
- The very first thing you should do is to create your own wallet address and private key.
- By typing your strong password and clicking the "Create New Wallet", it will prompt you to the next panel in which you have to download your keystore/utc/json file and open it with a readable environment such as notepad or msWord. Since it is a very long alphanumerical key, some of the individuals I knew, print it and kept it in a safe and place where no can touch it. This is how it looks like.
 |
| Take a look at the quotation. That is how important the file is |
- Sample keystore/utc/json file
 |
Warning: This is only a sample file. |
- After downloading and keeping your keystore/utc/json file (if you save it on your computer, consider it a risk), click on "I understand. Continue.". This will be the next thing that you can see.
- You will be given your own private key. And if you click print(don't worry, it won't directly print. it will show you the page content for printing), you will have your complete account information.
woooooolaaaah! You have your own MEW address and Private Key!
- You will use this information for purchasing, sending, selling etc.. that's why you have to remember always the Quote above. Of course, you still have the option if you want to save it. But take my recommendation just like I did before - warned by the knowledgeable individuals.
OK! Let's check if we did it correctly. Let`s check what's inside your account.
- Click the "View Wallet Info" and click Keystore/Json file or Private key to check your info. I suggest that you will use the Private key. It is more convenient. Type your Private Key on the box provided at the side.
- After you type you Private Key correctly(or else it won't go through), it will give you an option that says "unlock". - Click and it will automatically prompt you to your account.
- Inside your account, you will see 8 main parts. Let me elaborate.
A: This is Mew Address. If you're going to make a transaction and you have to receive tokens, make sure that you will give this. Not the Private Key.
B: This is the Private Key. notice that it is encrypted even though you are the owner? It is for the reason that if you check your account elsewhere, it won't give someone a chance to glimpse it. But don't worry, just click the "eye" icon and you can see it.
C: this is your account balance. Since Mew is on Etherium platform, it uses ETH.
D: This will list all the transactions that you have made.
E: You can see here the value of your ETH vs other tokens.
F. QR code for your Mew Address.
G: Option to print your information. And lastly
H: QR code for you Private Key which is also encrypted for the same reason stated above.
On the Home page of MEW there are still more tabs to click which on this picture I put a red circle on it. Of course, each has different functions. Such as sending, accepting, buying, selling tokens, checking the status of you MEW etc, be updated with new value of some tokens, etc.. However I'm not going to explain it all, for the reason that it will take time for me to explain all its functions. Besides, you can also find some explanation of functions in some sites or links such as CryptoCompare and CoinSutra.
BIOHAL | Medical Technology Blockchain
Cancer is very rampant anywhere in the world. It is significant for me because not only my family is affected by this killer, but also the extended people who are very close to me and we all know how hard it is to lose someone we knew. Most of the people who are affected by this disease don't have any idea where it started, or where it came from. Yes, there's a technology before in which the cancer cell can be detected at the early stage, but technology also grows and now it is capable of detecting the disease at the VERY early stage. Can you see the difference?
BIOHAL is a company that collects health data from patients(user), doctors, the pharmaceutical company, insurance company, researchers, legal regulators etc... use the blockchain in providing services anywhere around the world by making the collected data available and provide the best possible solution for treatment. Since it is built over the blockchain, it uses token/coins in order for the end user to use the services. Biohal`s crypto coin is called PON. If you have tokens such as BTC or ETH, getting PON is easy. All you have to do is, on your wallet, convert the desired number amount of your token to PON since it has an equivalent value. (PON vs other Cryptocurrencies). If you don't have any cryptocurrency, no worries! All you have to do is download wallet which is very necessary for trading and see the trade value against other coins by checking its website such as the Bitcoin site or Ripple site. It is important also to see the actual movement of the coins by checking it from time to time to know when to sell or when to buy. Try to visit this site Livemarket and Binance.
Click here for the actual site ====> BIOHAL
BIOHAL is using PROTEO`s more advanced, cutting-edge technology that is capable of detecting as small as 1mm of cancer through LIQUID BIOPSY. You read it right! Liquid! This test will not let you have a drive-through to that huge machine and being exposed into radiation. Proteo Liquid Biopsy test will just need a little amount of your blood and it is 99% accurate based on the research and tests conducted. Proof of the research and test is available on the Biohal website, please take time to read. The mission is detecting it as early as 0 stage in order to eliminate the "no cure at all" statement.
How beneficial it is? Well, let's just use the word "CONVENIENT". Since it only uses a little amount on your blood and let the technology do the rest, not only it will give you minimal physical distress, but also let your medical expenses in a low boundary and save a lot of your time. There are still lots of benefits which you can read at the site.
Let's go to "BUT WAIT, THERE'S MORE" thing. This company will also focus on data application which means, data is available through a downloadable phone app or computer app making test results or any transactions easy to know.
On the next page, I will give you a walkthrough on BIOHAL`s website. Provide you instructions on how to register in order to benefits with their services. Furthermore, this website will also gift you points or event PON if you do some of the tasks that are stated or refer someone who you think badly needs BIOHAL`s services or just want to invest.
Register as early as now, receive free tokens and/or purchase coin to have a discount since they are on the ICO stage.
Click here to register
I hope in this way (blogging) I will reach people who are in the stage of finding answers to this kind of problem. Cancer is not easy to defeat. Detecting it in a very early stage will have a big chance of cure.
 |
| https://bit.ly/2MU3dlU |
Free Coins And Tokens | Step-by-step tutorial in BIOHAL
Since I have featured BIOHAL on my previous page, I would like to give you a step-by-step procedure on how to register and how to earn points for free on its site by doing the tasks given by the site itself as promised, by explaining the site`s panels' functionalities.
Know Your Customer or known as KYC is one of the security features of BIOHAL`s project.
Biohal`s Home Page
- This where you can find the main tabs for every information you need need to know about Biohal. There are ways to do it. First is by scrolling down or
- Clicking each tab one-by-one
How to Register and Login
- by clicking JOIN WHITELIST or Login (top right of the home page), you will be able to pull out this page. You can also change the language for your convenience.
- If you don't have an account in Biohal, click the "Don't have an account? Sign Up" option. By clicking it, you will be prompted to this tool.
- Enter every information that is needed in the field and doesn't forget to click the checkbox for terms and condition and the residency.
- After doing all of it, click the Register button and you will receive an email on the email address you provided. Click that email in order for the Biohal site to verify your account.
Main Page
- if you are already signed up for Biohal`s account, you can see this page. (sorry I have labeled it with letters in order for me to explain each functionality).
- there are 7 main parts in this page.
- A) In this area, your account name will be displayed
- B) PON(Biohal`s Token) has its own identification number. it is a combination of alphanumeric characters which is unique for other accounts.
- C) This area will show the amount of PON vs USD or if there are bonuses
- D) Displays countdown of the ICO sale
- E) This area displays announcement or errors
- F) This is "BIOHAL`s to-dos" to earn Points.
- G) This is the progress bar for your "BIOHAL`s to dos"
- H) Displays your Points ( I already have 2000 for I've done some tasks)
- I) Displays the token you earn during the referral.
- J) Shows how many individuals you referred
- K) This will be your rank in Biohal Site.
- L) In this part, I will explain to you 1 by 1, especially the most important and I might say the most complicated part. the KYC.
So let me begin here!
- Home
- You don`t have to worry much about this button because it will just refresh the page
- Whitelist
- Clicking this will allow you to enter the amount that you are willing to invest.
- Telegram
- This will let you save your Telegram address if you have or make one if you don't have. make sure to follow the instructions.
- It will allow you also to access Biohal`s official Telegram Page and Channel.
- You can save your twitter account
- Click the "Click here to follow our Twitter" to be able to follow Biohal`s Official Twitter account.
- Newsletter
- In this page, by clicking each checkbox, you can select which medium you want Biohal to provide you any information or updates or do not send at all.
- Wallet
- A vital part! in this page, the website allows you to enter your Wallet Address. Please do not enter your Private Key.
- Since Biohal is in the Etherium Platform, it will only recognize ETH ERC20 wallet
- Please read all warning stated and perform necessary precautions
- Referrer
- As I mentioned earlier that you can also earn Biohal`s token (PON), this is the page that you do it.
- all you have to is copy the URL in the box by clicking the copy button on the far right side and post it on any SNS or in anyways you can invite individuals to register in Biohal and invest.
- There is an equivalent PON percentage per referral. The higher the numbers of referrals, the more PON you will receive.
- Of course, safety precautions also being applied by the site. All the referrals should undergo screening.
- Buy Token
- In this page allows you to purchase PON by using your other Cryptocurrency unit.
- If you enter your amount on the PON input box, you will notice that the value of other cryptocurrency units on the right side will also display its equivalent value. By this, you have control on how much you will spend.
- Purchase History
- This page will display any transactions done by your account.
- There are also warning messages displayed. Please take time to read and understand it for this is sometimes the cause of inquiries about transactions that have been made.
- FAQ (Frequently Asked Questions)
- Actually, the next option is KYC but since it longer to explain, let me introduce you first to FAQ or the (Frequently Ask Questions) page.
- This page consists of numbers of frequently asked questions by our user and investors.
- All the FAQs are already provided with answers. Please take time to read
- KYC
Know Your Customer or known as KYC is one of the security features of BIOHAL`s project.
- The very first step that you will do here is reading the General Terms and Condition of the Project, so as the Private Policy
- Please check each checkbox so that the system will recognize that you have fully understood the agreements.
- If the Checkboxes are unmarked or one of them is unmarked, meaning you haven't agreed to the terms, conditions, and policy. The system will not allow you to proceed.
- Else, Press "Proceed"
- This next page will perform Account verification steps. This step has 3 parts. The Applicant Data step, Proof of identity step and Selfie with the proof.
- Starting with Applicant`s basic data. All you have to do is click the Tick Button.
- It provides an option to input your Wallet Address
- After answering all the questions, please click "Start Verification
- After clicking "Start Verification", will be prompt into the 2nd Step which is the Proof Of Identity Step.
- The next step is The Proof of identity step. It allows you to choose your country and what kind of ID (identification card) you will use. Upload it and press "Proceed".
- Please consider also the warning message stated or your proof of identity will not be recognized by the system.
- The next step is Selfie with the Proof
- In this page, you will upload your Selfie together with the identification that you upload on the previous page. ( I suggest you place your ID beside your face and take a selfie).
- The Picture of you on the ID that you uploaded on the previous page should be identical to your face in the selfie. The system is using artificial intelligence to compare the picture on the ID and your Face.
- Press Proceed or if you want to change the Proof of Identification, you can click Go Back
If you already have done with each step, you will receive this message.
- If the verification is successful, you will proceed to another page for final instructions.
- However, if the if the verification fails, you will receive this error message.
- You will know which part of the verification process part you have failed by seeing an X mark on the error message.
- NOTE: The system doesn't give the result in real time. The system will need time to evaluate the documents you have sent.
Subscribe to:
Posts
(
Atom
)