Five Potentially Promising Coins Currently Selling Below ICO Price
The market came roaring into 2018 with new all-time highs for nearly every token out there. Since that time we seen a bear trend in the market with tokens losing as much as 70% in value. This is devastating for some who sold but the lows offer an opportunity for investors on the sidelines. Some newer yet promising companies have fell victim to their terrible timing and their tokens are sitting at below their Initial offering price. I have selected five such coins and described a little bit about their projects and team. If you want to get in at a better price than even the earliest of investors have a read of my top five coin picks currently selling below their ICO price. All tokens listed below are currently selling on IDEX and/or EtherDelta.
1. Dether (ÐTH)
Current Price: $0.15
ICO Price: $0.23
Dether is a Gibraltar based company having a core team of 8 people with a single mission; to make cryptocurrency easily accessible to anyone regardless of familiarity. They intend to create a new portal for cryptocurrency liquidity by introducing a peer-to-peer network of cryptocurrency buyers, sellers and physical shops.
They aim to reduce barriers to entry into cryptocurrency for the 2 billion unbanked people in the world by releasing a simple and straightforward mobile app. The platform brings local businesses and consumers together by allowing users to find out which shops near them accept cryptocurrency as payment or to be traded for cash. Likewise, buyers and sellers will be able to make fiat to crypto trades by using the app to find each other and chat anonymously over the conditions of the exchange. They currently have over 1,200 stores listed on their Ethereum Main Net which is in Alpha and available for download on their website.
2. Titanium Blockchain (BAR)
Current Price: $0.91
ICO Price: $1.00
Titanium Blockchain Infrastructure Services (TBIS) has one of the more ambitions and innovative visions of any coin that has come out in 2018. They will start off by offering Infrastructure as a Service (IaaS) to new and existing companies but have plans to expand to offer products and applications as services as well.
They are creating a distributed network of servers, routers and other internet infrastructure which will be rented to companies and can guarantee continuous uptime and protection against all types of attacks. They tout this will usher in a new era of network construction and productivity for companies by virtualizing enterprise and removing the need for installing network components. Their team has over 200 years of combined experience in global infrastructure enterprising so they might just have the knowledge and resources to pull this off. The BAR token will act as a utility token within Titanium’s Ecosystem.
3. Sether (SETH)
Current Price: ≈ $1.71 (0.0018 ETH)
ICO Price: ≈ $3.00 (0.003 ETH)
Sether wants to bring social marketing into the blockchain era in a symbiotic way for both influencers and advertising agencies. Having raised $28 million in ICO, this one stumbled out of the starting blocks and has steadily decreased in price over the past month. They aim to redefine the relationship between people and brands offering completely transparent marketing campaigns, analytics and a performance driven payment systems to advertisers and monetization and seamless integration with all major social media platforms for influencers. Marketing campaigns will utilize smart contracts to autonomously execute agreed upon terms and conditions better both parties.
I like the idea of reward social media influencers in a simple and immutable way for interacting publicly with brands. This may lead to a more transparent future were we know who is getting paid to endorse a product. The company is based in Romania and plans to release their version 1.0 Beta in March.
4. DADI (DADI)
Current Price: $0.38
ICO Price: $0.50
The most controversial one on this list, DADI is an acronym for Decentralized Architecture for a Democratic Internet. The DADI ecosystem is made up of tens of thousands of decentralized nodes aimed at creating a platform for peer-to-peer cloud computing services on a massive scale. 50% of tokens were sold during ICO to raise a collective $29 million. The project is based in the UK and has a large team of 18 people.
They got a lot of flak during the ICO phase due to plagiarizing parts of SONM’s whitepaper. I agree that plagiarizing is a major red flag that increases the likelihood this is a scam project and at best shows laziness on the side of the team. This bad publicity led to a reduced interest in the project and fear from potential investors. However, if this project is legitimate it may mean large returns for early adopters.
5. IUNGO (ING)
Current Price: $0.30
ICO Price: $1.15
IUNGO is the decentralized global wireless internet provider providing an open-source platform that enables anyone to tap into local WiFi signals. This newly released gem is selling for nearly one forth its ICO price. Their network will rely on existing and new public access WiFi hotspots to create a ubiquitous decentralized internet provider for users to use in exchange for ING tokens. Shop owners or individual members can install hotspots at their locations to further increase coverage area and sell internet to users within range for the tokens.
With already millions of hotspots available on their network, users benefits from gaining access to the internet in areas they otherwise could not. I see a lot of positive applications in less developed areas of the world were access to the internet can be life changing. The IUNGO team has a core of 12 individuals with active marketing and legal departments.
Thank you reading! This is not financial advice. If you found this post useful and want more post like this in the future please let me know below. This is my first post so I appreciate any support/feedback you can give me.
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Wow .. I just checked on the prices of these coins .. They lost even way more after this article! Can you believe that the Titanium BAR price now is 0.02! That's crazy! why did you see potential in these coins?