MundoXRP Posted August 20, 2017 Share Posted August 20, 2017 I am not a fan of ICO's, but the arena over the last 6 months to a year has had tremendous growth. Has anyone here looked at investing in Pre-ICO's? As more and more ICO's move away from allowing US citizens from participating (after SEC findings on The DAO) it makes me think we need to do some research at possibly participating in the early rounds. It is a ridiculous area that is creating ICO's to create ICO's..wtf.. I think there a few solid ICO's that if we combine our resources to research we can possibly cut through the BS and find some nice gems. Positive: The number of hedge funds being created over the last few months and currently being started seems like they will bring hundreds of millions of new money. The odds of hitting a 10x is easier when people are throwing money at everything that has even the smallest potential for success. We have all seen the success stories starting with the eth ICO (which took about a year to explode) and have been much more frequent. Just look at the last few big successful ICO's (OMG, 0x, antshares/neo, IOTA) thats not even touching the smaller ones that have done 10x+. All have been 10x+ in as fast as the the first week after the ICO. I expect that pace to continue as the FOMO grows worldwide. Negative: There is an eminent collapse of this area as it is unsustainable by any means. It will happen fast and it will be brutal, but I think most of us will survive and even thrive if we can work together. The other negative is the sheer number of ICO's on the horizon, hundreds of **** ICO's to sift through before you can find one gem that meets all the criteria to be successful. rippleric 1 Link to comment Share on other sites More sharing options...
MundoXRP Posted August 20, 2017 Author Share Posted August 20, 2017 Here are a few that I am looking at participating in the near future. These two solve the same problem of swapping erc20 tokens in a decentralized fashion away from exchanges. 1. https://swap.tech/ Off chain swap of erc20 tokens, similar to 0x. Full disclosure, I am in the early beta that will receive pre-ico bonus 2. https://kyber.network/ On chain erc20 token swaps. probably the most complete and resembles the way Ripple Trade worked with ON network swaps. US citizens not eligible, the last ICO that Vitalik will publicly advise.. A couple more days to register for this one. Cutoff is the 22nd and it will be capped so expect a small allocation. I have one more that I think will definitely be really nice gem thats already working with some heavyweights and has been super quiet, but I am waiting for the white paper to come out before I can be fully committed. rippleric 1 Link to comment Share on other sites More sharing options...
Malloy Posted August 21, 2017 Share Posted August 21, 2017 8 hours ago, MundoXRP said: I am not a fan of ICO's, but the arena over the last 6 months to a year has had tremendous growth.... Positive: The number of hedge funds being created over the last few months and currently being started seems like they will bring hundreds of millions of new money.... Negative: There is an eminent collapse of this area as it is unsustainable by any means... Yes, yes and yes. I think we have a couple months window before this either becomes too "main stream" and way overpriced (more than now) or regulation kicks in and makes it almost illegal anywhere to participate, so, yes, it's now! I've also been looking into a couple but to separate the wheat from the chaff, it's very time consuming...this is one of the reason I've created this club. Link to comment Share on other sites More sharing options...
Malloy Posted August 21, 2017 Share Posted August 21, 2017 The ones I've investigating now. Already on https://www.everex.io/ Coming soon https://hubii.network/ Link to comment Share on other sites More sharing options...
MundoXRP Posted August 21, 2017 Author Share Posted August 21, 2017 11 minutes ago, Malloy said: Coming soon https://hubii.network/ Have you asked if they offer any pre-sale opportunities? It looks pretty interesting.. Link to comment Share on other sites More sharing options...
Malloy Posted August 21, 2017 Share Posted August 21, 2017 7 minutes ago, MundoXRP said: Have you asked if they offer any pre-sale opportunities? It looks pretty interesting.. Haven't found anything about pre-ico. ICO supposed to start this week. Link to comment Share on other sites More sharing options...
MundoXRP Posted August 21, 2017 Author Share Posted August 21, 2017 I just sent them an email to see if there is anything available. Most, not all have pre-sales at a significant discount in some cases. Many also close the pre-sale a couple of weeks to a couple of days before the ICO, so its worth a try to find out. Malloy 1 Link to comment Share on other sites More sharing options...
Malloy Posted August 21, 2017 Share Posted August 21, 2017 I would be in for sure...if only to support publishers that embrace a paradigm shift Link to comment Share on other sites More sharing options...
MundoXRP Posted August 21, 2017 Author Share Posted August 21, 2017 (edited) 1 hour ago, Malloy said: I would be in for sure...if only to support publishers that embrace a paradigm shift Got a response very quickly.. not what I wanted, but definitely an easy way to guarantee a buy in early Quote Thank you for your email. We have some whitelisted addresses for a very small number of people. Note that we are very strict regarding KYC/AML therefore should you or your customer be interested we would have to have a video conference. Furthermore we do not offer discounts I am afraid. Let us know if you are interested in discussing forward. All the best, Jacobo. Edited August 21, 2017 by MundoXRP Malloy 1 Link to comment Share on other sites More sharing options...
Mercury Posted August 21, 2017 Share Posted August 21, 2017 My biggest beef with pre sale ICO's is they are pre-pre-sale. An ICO is already the pre sale of what is hoped to be a stable coin. It is essentially funding the bootstraping phase, before the investor stage. As such there is often so little, sometimes no, information or future performance to go by. if crypto is a smart gambling risk like cards, then an ICO is slots and a pre-sale ICO is dart blindfolded and drunk Malloy 1 Link to comment Share on other sites More sharing options...
MundoXRP Posted August 24, 2017 Author Share Posted August 24, 2017 @Malloy Malloy and rippleric 1 1 Link to comment Share on other sites More sharing options...
Malloy Posted August 24, 2017 Share Posted August 24, 2017 Added HBT (Hubii) to the calendar. Starts after 14:00 UTC August 24. I'll probably get in. Link to comment Share on other sites More sharing options...
MundoXRP Posted August 25, 2017 Author Share Posted August 25, 2017 @Malloy Did you invest in this coin? I think they thought they would get huge demand from the mayweather tweet which never materialized. They can't seem to get to their minimum raise of $5 million. I have some good news if you haven't bought. Link to comment Share on other sites More sharing options...
Malloy Posted August 26, 2017 Share Posted August 26, 2017 3 hours ago, MundoXRP said: @Malloy Did you invest in this coin? I think they thought they would get huge demand from the mayweather tweet which never materialized. They can't seem to get to their minimum raise of $5 million. I have some good news if you haven't bought. I already bought some...waiting to see if I go for more. What's the good news? Link to comment Share on other sites More sharing options...
Malloy Posted September 1, 2017 Share Posted September 1, 2017 HUBII's gonna make it https://medium.com/@jacobotoll/commitment-b3da49c80809 The have crossed the 18M they needed I think https://hubii.network/ Link to comment Share on other sites More sharing options...
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