As you may be aware we have recently started our bitGuru investment fund, which we have allocated $10,000 which will be invested mostly into ICO’s and new blockchain startups. You can follow the progress of our fund in our official Telegram group. The purpose of this article is to give you an idea of the 3 best ICO’s which we will be investing in. We understand that opinions may vary so feel free to let us know about what your thoughts are via social media. The 3 best ICO’s we will discuss are only ones In the coming months and will be 3 ICO’s which we are monitoring closely with the intention of investing in.
DISCLAIMER – In no way is the investment advice! While you are free to copy our investments, it is important to remember that the value may go down as well as up. You could lose all of you initial investment, so could we. We are prepared to take that risk, if you are not, then do NOT invest.
The 3 best ICO’s
QuarkChain is the first ICO In our list of the 3 best ICO’s, this is probably the most anticipated project across the board. Unfortunately it is too late to join the waitlist to have a chance to be entered into the lottery. But this doesn’t mean that it would not be worth investing in at the earliest possible opportunity after the ICO has concluded.
“QuarkChain is a high-capacity peer-to-peer transactional system.” “It is an innovative permissionless blockchain architecture that aims to meet the global-wise commercial standard. It provides a secure, decentralized, and scalable blockchain solution to deliver 100,000+ on-chain TPS.”
This means that QuarkChain will be directly focused on a peer-to-peer payments solution which will not only rival Bitcoin, Ethereum and many other cryptocurrencies, but they will also be rivalling the likes of Visa and PayPal. The global-wise commercial standard right now is set by companies such as Visa, their systems can supposedly handle up to 50k TPS (transactions per second). While the actual number may be less, they allow their systems to handle more so as to cater to the global standard of fast transactions. Right now one of the major issues with blockchain technology, is the ability to scale blockchains to be able to handle greater amounts of users and larger volumes of transactions.
QuarkChain will use a technology known as sharding. Sharding is a is a type of database partitioning, in which very large databases are separated into multiple databases a fraction of the size, making the individual ‘shards’, faster and much easier to manage.
More specifically, QuarkChain will provide a “reshardable two layered blockchain”… two blockchains, thats twice as many as Bitcoin. One will consist of the root blockchain, the other will consist of the ‘shards’. The shards will be known as the first layer and the root chain will be the second layer. The root chain (second layer) will confirm the transactions (blocks) from the first layer (shards).
QuarkChain has such a large following already and their may be quite a low individual cap on investments, therefore it does not seem unlikely that QuarkChain will go up in value quite sharply once it is added to exchanges. The team looks very strong and we don’t really see much risk at all with this project. No doubt this will be added to our investment fund.
Atonomi is the second ICO on our list of the 3 best ICO’s. “Atonomi provides a new security protocol and infrastructure to enable billions of IoT devices to have trusted interoperability for both data and commerce.”
The internet of things (IoT) is one of the most exciting developing technologies right now. As we move into the modern age, IoT technology is becoming more recognised and companies are putting vasts amounts of money and research into it. this is evident in the number of IOTA partnerships we continue to see in the news. However, one of the biggest downfalls of IoT technology is the perceived risks that come with sharing data via devices all over the world.
Atonomi will enable security and for IoT devices on an immutable ledger, this will first allow devices to be validated as secure on their ledger before specific devices are used as part of their network. Once devices are confirmed, they can be used part of the Atonomi database and tokens can be used to validate identity or confirm the validity of other devices, Atonomi can also be used to send peer-to-peer transactions.
“Secure interoperability is essential for the Internet of Things to reach its full potential. The Atonomi blockchain technology vision for a global service that enables secure transactions and commerce through device identity and reputation is something Arm is excited to see realized.” – Ian Ferguson, VP Ecosystem Development, IoT Services Group at Arm
Atonomi may be slightly riskier as investors either love or hate the concept of IoT based projects, Atonomi could be a slightly more complex project. It may be worth monitoring Atonomi once the ICO has finished and purchasing it at an exchange. Although it is certainly one we will be adding to our investment fund.
The final ICO in our list is nOS…
“nOS is the Virtual Operating System for a new, transparent internet. Powered by the NEO Smart Economy.”
NEP5 tokens have really taken the crypto world by storm this year and the smart economy looks to be expanding in a really positive direction. nOS is going to be a new internet browser which will run on the NEO blockchain. There have not been many projects like this yet. One of the major issues with browsers today is they are powered for the benefit of a few major companies; Google, Amazon, Facebook etc. In which your data is sold to companies and you are displayed adverts that you may or may not want, or require, based on this data.
Up until recently there have been very few alternatives. nOS looks like a great project that is aiming to address this issue head on. The team have a lot of developing experience and are directly involved in a number of major projects in the NEO smart economy. Currently the nOS MVP client is available on Github, meaning developers can currently design dApps on their own privatenet. The testnet is due for release at some point in Q2 2018, in which users will be able to interact with applications. The token sale is due at some point in Q3 2018.
Again this project is complex but we think it could well be one of the most exciting NEP5 projects so far. Again this is another project that will certainly be added to our investment fund.
Let us know your thought via social media. IS there any other projects you think look good or that we are missing out on?