Kenyans investing in ICOs (Initial Coin Offerings)
Among the myriad of ways of making money investing or trading in Crypto-currency, ICOs have proven to offer the highest returns. In my opinion :smile: Getting a return of x2 or 3 on a good ICO moments after listing, is not far-fetched. We've had coins getting to x10 to x100 a few days after listing!
There has been a paradigm shift though in ICOs, moving from crowdsale to pre-lists. Probably due to legal ramifications recent ICOs have suffered. Some have even been made to return investor monies. That, and the work load involved in vetting KYC with sometimes thousands of (impatient) investors. The process of investing in an ICO involves registration and KYC. KYC (Know your customer) involves remitting identity documents. Passports, IDs etc. Both processes vary from ICO to ICO
Today is 1st February 2018. I plan to list all (my) potential winners here, as they come-up. As a disclaimer, I'm no financial advisor, please do your own due diligence. ICOs can and have failed terribly.
In time, we'll review if ICO are worth the trouble.
Happy hunting
Feb 1
Elecrify Asia