The popularity of ICOs only seems to be heating up as the weeks go on. A ton of top Silicon Valley venture capital firms have been lining up to invest in Telegram’s billion-dollar ICO. Sequoia Capital and Benchmark said during the week they would be pledging $20 million towards the endeavor.
Another ICO, EOS is already on track to surpass $1 billion, and many other companies have reported ICOs that have been totaling in the millions of dollars.
Growing attention from both the general public and institutional investors towards the cryptocurrency world keeps spurning on companies to draw up and promote plans to utilize the blockchain for their innovative projects. As a result, there’s been a lot of optimism for the ICO market as a whole due to the growing number of legitimate and potentially world-changing offerings that are hitting the market.
We have been watching a few ICOs that seem to have some interesting ideas and are also coming out this week. We are not financial advisors. Please talk with an experienced and professional financial advisor before spending money investing in an ICO or in cryptocurrency.
This week we’re going into depth on Darico (DRC), The Bee Token (BEE), and WePower (WPR). We dug deep into each of these projects, and here’s what you need to know about the underlying value of each and why they might be worth investigating.
Darico says they are the first investment grade coin. It is backed by gold, Bitcoin, and Ethereum. Bee Token has made waves in the blockchain word due to their vision of building a decentralized home sharing network that operates without any commission. WePower is a blockchain green energy platform that aims to make electricity easily tradable in order to create a power network for the future.
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