If you haven't been spooked out of even thinking about looking at potential investments in the crypto/ blockchain sector, after the past few market "panic" days, then here are some companies to watch in 2018. Many of these have come to market via an ICO (initial coin offering) in order to raise capital BUT "do not be afraid"..............its just like an IPO and the new way to get to market efficiently. This is a really cool list and in the hottest sectors for the globally progressively changing world. So, shake off the market volatility fears and peek into 2018. Or, stay under the bed.
(Bill Taylor/Founding Editor)
"Despite all its myriad shortcomings, 2017 has been extravagantly kind to the cryptocurrency market. Bitcoin, Ethereum, and the like have hit all-time high values beyond what even the most optimistic enthusiast could have imagined. There are new cryptocurrencies and decentralized blockchain protocols launching daily; many of them through the process of ICOs or Token Sales.
An ICO, or Initial Coin Offering, is a way for companies to raise capital through the sale of cryptocurrencies. It works in much the same way as a startup’s IPO, except that investors buy tradeable tokens instead of shares in the company. The reason for this is simple. Since cryptocurrencies are open-source protocols meant for public use that aren’t under the control of any one entity, ICOs are a relatively easy and regulation-free to raise funding and develop ventures.
Token sales, on the other hand, are when blockchain companies sell tokens which have utility in their protocol. These tokens are required to make the decentralized protocol work and purchasers are buying them for its use, not as an investment. There are only a handful of DAPPs (decentralized apps) live, but more are coming online and aiming to disrupt many of the centralized systems that have gone unchanged for far too long.
We thought it would be cool to compile a list of the top 14 blockchain companies we think are poised to be prosperous (some already are) heading into 2018:
1. Company name: Bloom
...2. Company name: Atomic
...3. Company name: FansUnite
...4. Company name: Social Cash
...5. Company name: The Giftz Network
..."Full Story at Entrepreneur.com