Two Upcoming ICOs I Like (Dorado & The Abyss)

I have recently been researching and following two separate companies that are set to ICO in February. The first company is The Abyss...

The Abyss is an interesting ICO because it is the world's first DAICO. The Decentralized Autonomous Initial Coin Offering starts in just over six days and change. This model is interesting because it allows contributors to control the withdrawal of the funds, also providing an option to shut the project down and refund the contributed money. The Abyss is founded by Konstantin Boyko-Romanovsky, the founder of Destiny.Games. The team at Abyss also consists of other former execs from Destiny.Games, providing immediate experience and available connections in the gaming industry. I expect that since their team is full of industry veterans they will be able to get their foot(s) in the door for future partnerships in Q2-3 of 2018. The PC gaming industry is worth over $30 Billion and rapidly growing. The Abyss has a great opportunity, in my opinion, to become a well-known gaming company.

The second upcoming ICO I have been interested in is Dorado. An on-demand delivery company that utilizes robots, drones, and artificial intelligence to complete deliveries directly to customers. The on-demand delivery market is worth over $200 Billion, which speaks to how large of a market Dorado has the potential to impact. Just a 2% market share would be worth over $4 Billion. With their ICO valuing the company at just $55 million initially, I think Dorado has immense potential for growth. Over the last couple years, we have seen artificial intelligence, robots, and drones rapidly grow and become part of name brand companies we consume from every day. Dorado has a very experienced team, including Pedram Assadi, the Head of Operations for Uber Eats in the Middle East, and Ignas Mangevicius, co-founder of Edgeless. Founded in 2014, Dorado has completed over 4 million orders and 50 million in sales. The team itself has agreed to lock their tokens for 3 years after the ICO, which shows how confident they are in their own product. One unique part of the project is their 7% quarterly payout of net sales. Acting as a stock almost in that sense, delivery an excellent dividend. Given the overall trend in today's society, I believe Dorado has a massive and growing market to tap into in the coming years.

Thanks for reading as always...
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