SilverDollar is “The New Silver Standard” Money that actually represents silver redeemable at any of our 8 vaults.Learn More…
Ethereum
Amazonians Green Coin was launched to become a unique and innovative payment tool for environmental services.Learn More…
Paloxia is an exchange that offers new trading and investment opportunities.Learn More…
CINEMADROM - International Blockchain Network of Independent Filmmakers.Learn More…
Deflexchange will be the first deflationary cryptocurrency exchange which will help cryptocurrencies to become particularly deflation with the monthly burn of a part of the fees generated on the exchange.…Learn More…
Koura, is Konzortia Capital’s New Asset Class, an innovative form of equity that allows investors to receive dividends, while giving you the liquidity that could only be found in publicly…Learn More…
Levblockchain LVE will facilitate young, passionate people who are working on blockchain projects and products.Learn More…
Worldopo is an Ethereum ICO building a crypto-economical strategy game in the real world based on Blockchain, Augmented Reality and Geopositioning.Learn More…
A Centralized token with global usage through a social interface with content loaded linked applications.Learn More…
KABN’s mission is to create a world-class suite of products and services that support the decentralized market economy, globally enabling consumers to take control of their digital identity and personal…Learn More…
Diagon is a decentralized eSports ecosystem featuring DiaBet, DiaStream, and DiaConnect, towards creating an engaging eSports environment for our users.Learn More…
Blockchain + Programmable Tokens + A.I.Learn More…
Travelvee is an Innovative Booking Platform running their upcoming ICO on Ethereum - Oriented directly to the market for unoccupied rooms - which will be sold on exclusive terms, which…Learn More…
Fieldcoin is a marketplace that enabls everyone to own and manage farmland from distance.Learn More…
SwapZilla - is a unique cryptocurrency platform, which gives its users an access to over 50 exchanges, as well as provides them with advanced trading tools.Learn More…
PUC Token is a new wave of social media that is being built on the Ethereum blockchain - Check out their new up and coming ICO now!Learn More…
Bether (BHR) The Millenium Currency, represent the TOP cryptocurrencies in only one!Learn More…
CRT is the very first security token which combines the advantages of direct and indirect investments in real estate by eliminating inefficiencies, excessive costs and lack of transparency.Learn More…
BlueQbit is a new Ethereum ICO, here to revolutionize the Shipping globally and to give a better, faster, and more secure way to send sale and charter Ships Yachts and cargo…Learn More…
Equity Token & Crypto Currency Exchange Platform.Learn More…
indieOn helping artists market, manage, monetize and distribute their creative content and rewarding audiences for their participation on the platform.Learn More…
Pieta is the world’s first coin that seeks people’s interest more than its interest by supporting our environment by using the new X20 Algorithm that reduces electricity by cutting 50%…Learn More…
Global ecosystem of B2B, B2C, O2O, C2C social, hyperlocal, private groups and secure messaging based marketplaces powered by the benipal shopping search engine with contextual, relational Image, Voice and Text…Learn More…
The CKB (Common Knowledge Base) is the layer 1 Proof of Work public blockchain protocol of the Nervos Network.Learn More…
The upcoming ICO, Azultec, wants to offer you the easiest way to earn cryptocurrencies - They have created the azultec Cube, a state-of-the-art computer allowing you to earn cryptocurrencies through…Learn More…
MeterQubes offers the next generation peer-to-peer decentra-lized trading platform.Learn More…
Payeercoin(PYC) Is The Most Powerful Blockchain Project For Changing The Cryptocurrency Trading Ecosystem.Learn More…
Loyalty & rewards platform based on Blockchain technology for eCommerce and retail to help increase customer engagement.Learn More…
Investing in real diamond mining and using the proceeds to create a competitive market for iCoin International.Learn More…
CARE Token is an ethereum blockchain cryptocurrency project that based on senior health care services.Learn More…
P2PS is an Ethereum ICO token building the world’s first & only secure, interference-free, communications system - P2PS is a working product, solving a global problem; such platforms today are…Learn More…
BlackPearl.Chain is pushing decentralization into the future with a third-generation public blockchain.Learn More…
NGS is a network of independent nodes that provide a decentralized encrypted database service.Learn More…
CMA Company is about creation of Ecosystem for Decentralized Marketplaces.Learn More…
Bitcademy is a new ICO building a football academy to help and empower young players to achieve their dreams.Learn More…
BRIKCOIN is using an innovative financial model to solve the affordable housing crisis in the UK, working with local government and financial institutions.Learn More…
Kriptotrackers is desveloped for investors, developers and communities.Learn More…
Stellerro secure capital and financing through binding legal architecture.Learn More…
Our vision is to give every investor an equal opportunity to participate in one of the most lucrative investment in the world, the real estate.Learn More…
Aussie Digital helping small to medium business acheive big things.Learn More…
A new direction in the crypto market: manage, save and grow your capital with PointPay.Learn More…
Yachtco is a revolutionary yachting marketplace and charter ecosystem that directly connects all leisure yachting participants: guests, fleet operators, charter agencies, skippers and hostesses, website portals (OTAs), boat owners, marinas…Learn More…
LivePod is a Blockchain-based end-to-end encrypted creative content live chat and video broadcasting platform.Learn More…
SWAPS.NETWORK is an over-the-counter provider for exchanges.Learn More…
Tokoin is a platform that establishes digital business identity and reputation of MSME as acceptable credibility scoring for suppliers and financial institutions.Learn More…
ECONEUARK platform is a decentralized platform for investment in suburban real estate based on Blockchain and SmartContracts.Learn More…
The #1 blockchain food delivery marketplace driven by community.Learn More…
ASGARD is a decentralized crypto ecological fund that provides funding for specific environmental tasks.Learn More…
Nebluro is new upcoming Ethereum ICO building an online and global decentralized exchange with artificial intelligence where you can buy, sell and trade your cryptocurrencies for other assets.Learn More…
Ebosia is the leading developer and installer of smart solutions for electrical vehicles based in blockchain technology - With their upcoming ICO built on the Ethereum blockchain, Ebosia will solve the main…Learn More…
The Lumio Coin new ICO is creating a new decentralized network with artificial intelligence to buy and sell cryptocurrency shares, which replaces traditional payments with an exceptional way of consuming,…Learn More…
The WINBIX upcoming ICO is building a marketplace that aims to create a new channel for sales, allowing participants to sell goods at the demand prices at any time.Learn More…
Renew Network is a new up and coming ICO creating an amiable platform for tech-based business people - The project is meant to profit business people of different practices and…Learn More…
LexRay is a decision-enabling mobile platform that empowers organizations to run their operations from anywhere.Learn More…
ALCEDO is launching their new upcoming ICO on the Ethereum blockchain - They seek to make crypto currencies accessible for everyone and we are aiming at a widespread of ALCEDOs…Learn More…
Youseeme and Bartwallet are an ecosystem of eWallets and loyalty rewards program, linking crypto and traditional communities of consumers - check out their new ICO here!Learn More…
Almeela is an Ethereum ICO building a funding platform (Almee Up) for high tech projects that is backed by physical gold.Learn More…
HEXANCOIN is a smart crypto-trading platform where users will be able to invest their fiat money on cryptocurrencies and trade them securely, efficiently and generate profit over time.Learn More…
Bankcoin Represents a solid investment opportunity for investors looking to build wealth over a period of time.Learn More…
The aassio upcoming Ethereum ICO is building a blockchain technology based platform providing effortless access to the real estate market to buy, sell and hold real estate in cryptocurrencies from…Learn More…
The VenusEnergy team supports the idea of pure world and seeks to propagate the use of renewable energy sources in daily activities.Learn More…
RENOVATO is and upcoming ICO built on the Etherum blockchain - RENOVATO is a group of cryptocurrency and Forex traders creating a unique and advanced multicrypto exchange platform with innovative…Learn More…
Bitwin 2.0 is a new ICO building a casino platform on blockchain technology, with Bitwin Token (BWT) at its heart.Learn More…
The Greencoin ICO is building the first decentralized platform based on sustainable green systems to solve real problems in the world, connecting green systems manufacturers and local Installation companies or…Learn More…
We are a new age technology company revolutionizing the way you will see or buy your home.Learn More…
Tryvium - Your Next Travel PartnerLearn More…
The largest rubber processing plant in the South of Russia.Learn More…
The big day has arrived: xCrypt is proud to announce its Private token sale! We are inviting partners to take advantage of the benefits of participating in xCrypt’s fundraising: early…Learn More…
Bit world is new Ethereum ICO creating a hybrid exchange project in which centralized and decentralized database system has been used in their needed places.Learn More…
EMJAC envisions to be the leader in the Waste-to-Wealth industry sector, aiming to achieve this through constant innovation of its technology and products ecosystem.Learn More…
Börser is a cryptocurrency backed by shares of Börser S.A, our holding company which offers you the exciting opportunity to take part in three different projects.Learn More…
The D1 Coin is a virtual currency built on the Ethereum blockchain - A fractional value of investment grade diamonds backs D1 Coins.Learn More…
Manufactory is evolving the fourth industrial revolution with decentralised intelligent manufacturing systems - Our vision is to facilitate the digitisation of manufacturing data through Industry 4,0 and the Industrial Internet…Learn More…
Translation service is simple idea to facilitate transactions between translators and clients requiring translation.Learn More…
One stop shop for multiple fiat gateways, hundreds of cryptocurrencies, and crypto debit card facilities.Learn More…
AIRTOTO is the world’s most secure and fair blockchain E-Lottery - AirToto is an Ethereum ICO building a Blockchain based lottery system offering greater autonomy to participants with crystal clear…Learn More…
The Paradise Dapp and the Paradise Protocols are powered by the ERC-20 utility token called the Paradise token - Check out the upcoming Paradise ICO now!Learn More…
ScientificCoin is an Ethereum ICO which aims to be a blockchain-based crowdfunding platform - Its main purpose is to provide financial support for scientific projects.Learn More…
Tizacoin an upcoming ICO that haas created a utility token that is used for purchasing advertising space and to redeem cash rewards earned from Advertiza.Learn More…
Real Estate Doc (RED) is the Proptech 3,0 for commercial real estate businesses - This new Ethereum ICO is building the next generation real estate software that will revolutionize the…Learn More…
GoWithMi is building the world’s first complete decentralized location-based services (DLBS) infrastructure, integrating super spatial oracle and consensus map to motivate participation and achieve benefit for everyone.Learn More…
If you take GAME THEORY, add group CONSENSUS and BLOCKCHAIN, you get BOUNCY COIN a software platform that allows players to win money in games where they create and control…Learn More…
Bluebelt is an Ethereum ICO building the only cryptocurrency exchange that distributes security tokens to users in exchange for their local fiat currencies.Learn More…
One project, One currency, Many advantages - One Solution is an Ethereum ICO building an ecosystem combining within itself a decentralized fund for cryptocurrency investing, our own cryptocurrency possessing unique…Learn More…
Tresorio HUB is a transparent, decentralized, sustainable and scalable ecosystem, accessible through our cloud platform - The HUB Platform, acting like a computing resources aggregator and allowing an easier access…Learn More…
EZeeBUY is an Ethereum ICO that is set out to change the world of mobile shopping, with the EZeeBUY application, the photo is king; Using the camera on their smart…Learn More…
The AIDUS Global D-Fund Platform is a decentralized fund market established upon the ETHEREUM network to serve as a professional asset management platform in which global investors and asset management…Learn More…
ORET is a new Ethereum ICO that combines Gold Mining and Blockchain Technology - A unique opportunity to invest in a gold mining company (PARAGUAY MINERAL MINING S.A.) that will…Learn More…
Fructus is a project aiming to change the business of fresh produce trade and delivery - Starting in the diverse agricultural landscape of Europe, we see an opportunity to scale…Learn More…
iConsort Solutions is an Ethereum ICO Made to Be a Solution of Safe and Secured End to End ICO - iConsort Solutions aims to connect a wide range of hanging…Learn More…
HUSSY is a new Ethereum ICO building distributed escorting and due diligence infrastructure - The value proposition is to create a platform and to provide incentives for sex workers around…Learn More…
Venus Coin is a new crypto currency that can be safely and securely used for all the people who are involved in adult entertainment industry. Learn More…
botXcoin is an ethereum ICO promising the future token for financial freedom that provide a functional token for using our profitable trading robot in all cryptocurrency exchange all over the…Learn More…
Vertex is an Ethereum ICO blockchain project creating the first market of its kind and a unique token that combines trading, venture capital experience, and fair-value based tokenization.Learn More…
NAi is a new Ethereum ICO building a Prediction Market platform based on Artificial intelligence and Blockchain technology for the financial markets around the world covering Stocks, Commodities, Forex, Derivatives…Learn More…
433 Token is a new Ethereum ICO.Learn More…
CyberLotteryOnline project is a decentralized lottery protocol built with blockchain technology.Learn More…
ALBARIT has been developed with the main purpose of creating a token through the blockchain technology and supported by ERC-20 standard under Ethereum’s smart contracts to market refined barite (barite…Learn More…
Organ Tree ICO has been created to raise funds to build the first Organ donation related communication platform on the Blockchain.Learn More…
Riskx is a decentralised Risk Management ecosystem that facilitates the distribution of credit and future debt obligations across the blockchain network.Learn More…
Native is a place to create and participate in community-based economies.Learn More…
A Dapp service for exchanging crypto-currencies from cold wallet straight to another coins wallet & bank account for fiat.Learn More…
NRM is the world’s first decentralized expert and analytical platform for managing your crypto assets and exchanging information about the world of cryptocurrency, based on blockchain technology.Learn More…
The world’s only project to bring people together.Learn More…
BlockClick’s goal is to establish an environment in which the involved parties in the digital marketing industry have both a layer of trust and transparency when transacting.Learn More…
Creditcoin’s mission is to support the global democratization of ecommerce.Learn More…
We use machine learning and artificial intelligence to make you smarter, faster and better during your journey as a High School studentLearn More…
Cryptonity is the combination of two words: Crypto and Community.Learn More…
FiveStarMiningNetwork is the first cryptocurrency mining network that will provide guaranteed profit to investors each month.Learn More…
concertVR will be the first blockchain based marketplace for high-quality VR content from the music and entertainment sector.Learn More…
CargoCoin is designed to be a smart contract, crypto currency platform, decentralising global trade and transport.Learn More…
A Gold-backed open-source payment network which allows peer-to-peer transfer of tokens among the community of EGY holders.Learn More…
Gamedex is a blockchain-powered platform and ecosystem for digital collectible cards, and the games they’re used in.Learn More…
LabelsCoin is the new generation of music copyrights.Learn More…
MonetaryCoin is the first Crypto-currency to integrate a macro economic oracle, Proof of stake forging and AML/KYC on-chain solution.Learn More…
Miner Edge is building a crowd-funded diverse portfolio cryptocurrency techno mining operation.Learn More…
Greenblock is a blockchain based data ecosystem for the global hemp & cannabis industry.Learn More…
Peer to Peer Decentralized Cryptocurrency Exchange - Safe - Uncomplicated - Comprehensive - Fast.Learn More…
Talentchain, is a real time ledger that records an individual’s learning journey from inception to becoming of a talent asset, in a manner that serves as a tamper proof skill…Learn More…
Bixtrim is an innovative crypto-exchange platform with simplified access for everyone.Learn More…
iCasting is a one-stop-shop talent platform, connecting talents and client directly to each other.Learn More…
We are creating a new ecological blockchain generation powering peer to peer payments with only clean mining and rewenable energy.Learn More…
Blockchain Data Audience Platform for programmatic ads, putting users in control of their data and rewarding them for their data.Learn More…
Ethershift.co is an ERC20 token exchange that provides the fastest and easiest way to acquire the best up and coming ERC20 tokens long before the bigger exchanges list them.Learn More…
Maester protocol is the first of its kind blockchain based protocol built to enable on-demand consulting.Learn More…
The V-ID validation service uses blockchain technology to end all document fraud.Learn More…
DNATIX is building the blockchain infrastructure for the genetic ecosystem providing anonymous and secure genetic services.Learn More…
Hilo.io is a social platform for crypto traders and enthusiasts.Learn More…
CLX Token is an ERC20 standard token from the Ethereum Blockchain.Learn More…
Gath3r is a mining script, that aims to replace monetization by ads.Learn More…
First decentralised P2P marketplace, where sports enthusiasts can book training, rent equipment and monetise personal data.Learn More…
Sendy is a fundamental transformation of email marketing through decentralization and incentive alignment.Learn More…
Each painting is registered as a public offering with the Securities and Exchange Commission, and tracked on the Ethereum blockchain.Learn More…
Play and Get Loyalty Points You Can TradeLearn More…
ComBox Technology - international company, developer and manufacturer of immersion cooling systems for industrial mining and solving science-driven tasks.Learn More…
Time Money will be first decentralized platform for people to meet, provide different services, coaching, consultation or any other help, which is time or task based.Learn More…
Eurocoinpay APP (IOS & Android) merging the smartcontracts ERC20 of Ethereum and the speed of Tangle (IOTA).Learn More…
Shark Lotto the most transparent, simplest and Honesty lottery Decentralized lottery powered by the Ethereum BlockchainLearn More…
An innovative platform for sport fans with token based economy.Learn More…
FARM token is a token modeled with the focus on growing and expanding the blockchain network by partnering with innovative food companies that deliver value to consumers by helping them…Learn More…
eCharge.work is the first alternative system for easy and cost-efficient recharging of electric cars and other battery-powered vehicles.Learn More…
FinTech powering the Future of Fair Lending in Emerging Market EconomiesLearn More…
THE NEW ELECTRONIC BANKING SYSTEM ON BLOCKCHAIN.Learn More…
The Government Network is building a borderless nation powered by Blockchain Technology, operating from a Decentralised Autonomous Organisation (DAO)Learn More…
Get Achieve - is a free decentralized MMORPG game with AR.Learn More…
Empowering small businesses to take control of their future through Blockchain powered Data Management.Learn More…
FGP is a project that will allow users to interact the supplier directly.Learn More…
Insta eliminates the shortcomings of traditional payment modes and has the potential to power the global services marketplace by providing a true global currency for consumers and service providers.Learn More…
SUAPP Token is an Ethereum blockchain based token that acts as a platform currency and software license enabling students to access the platform.Learn More…
Twogap is the next-generation of Crypto - Cryptobond Platform.Learn More…
Ethereum ICOs List
The excitement around cryptocurrency, and especially Ethereum ICOs has been intense. In the past year ICOs have raised more than $1.6 billion according to Bloomberg, and most of that money was raised with Ethereum ICOs. The incredible tide of ICO wealth has caused many to declare old venture capital techniques as a thing of the past. But, savvy investors, entrepreneurs and crypto enthusiasts are already banking on the next superstar, Ethereum (ETH), an open source software platform based on blockchain technology. This explosive blockchain is considered to be widely responsible for the past year’s ICO explosion. With simplicity and transparency built-in, it’s never been easier to invest in an Ethereum ICO.
Ethereum is relatively new (just over 4 years old), but success stories are racking up on account of how easy it is to build applications on top of the Ethereum blockchain. Its simplicity has allowed many new companies to raise millions of dollars with just a concept and a white paper. It could be said that Ethereum has almost single-handedly created an ability to circumvent not only traditional funding methods, but has caused the decline of what had been the backbone of tech and startup funding, venture capitalist money. Ethereum ICOs is the latest crowdsource concept that has made it so easy to create new coins, tokens and raise new capital.
Ethereum ICO List
Are you looking for the best upcoming Ethereum ICOs? At ICO Spotters, we have the most comprehensive list of Ethereum ICOs and new Ethereum cryptocurrencies for 2018.
As the price of Ether continues to rise, it’s easy to see why Ethereum is the preferred platform. Take a look at the numbers: More than half of the top 100 cryptocurrencies are Ethereum-based tokens. And, according to CoinMarketCap, the top four Ethereum-based assets — Golem, Augur, Basic Attention Tokens and Gnosis — make up more than a $1 billion in market value.
What is Ethereum
A Quick History of the Ethereum Network
In 2013, a 19-year old Russian software developer named Vitalik Buterin created the Ethereum network. After co-founding Bitcoin Magazine,he set out to create a cryptocurrency that offered users more functionality. The crowdsale was a major success and the Ethereum network went live on July 30, 2015. Since then, gains have been outrageous, with some of the world’s largest organizations adopting—Toyota, Microsoft and Intel just to name a few.
As the number two cryptocurrency and the top smart contract development platform, Ethereum produces a lot of buzz. Not all of it is accurate though. You have to read with a grain of salt and weigh the source and its context, otherwise, myths quickly develop. This stems from the fact that Ethereum news gets read, even fake news. That translates to web hits and ad displays for the publishers. So, here’s the latest myths and facts about Ethereum.
Latest Ethereum Myths and Facts
Myth: Ethereum co-founder Vitalik Buterin left Ethereum. Poor Buterin can’t make a quick tweet without it getting turned into a news report. This bomb could have affected a number of upcoming Ethereum ICO launches but his quick response to the news stories stemmed the problem.
What happened was that in May 2018, Ethereum’s co-founder posted a screenshot to his Twitter of a Google headhunter querying him about working for the firm. Buterin posted a poll to learn if his followers thought he should consider Google’s offer. The majority of respondents voted no. Buterin deleted the original tweet and life went on in the Ethereum community.
Until October that is when an account using the handle Raz asked:
- “@VitalklButerin any thoughts on how you will eventually detach yourself from the project?”
Buterin’s two-part reply became fodder for new articles on his eminent departure from Ethereum.
- “Already in progress; watch the repos, even much of the research is being done by @dannyryan, @drakefjustin, @icebearhww and others.”
- “I think ethereum [sic] can absolutely survive me spontaneously combusting tomorrow at this point.”
Almost immediately the flood of well wish comments on Buterin’s next project began, including this from a Twitter account known as Serpent:
- “I’m sorry to see Vitalik leave Ethereum. I’ll be watching for his next creation which will probably be a decentralized system that will repel Wall St. Enjoy your personal time Vitalik and thank you.”
The following day Buterin saved the Ethereum ICO calendar by tweeting he had been misunderstood and had no plans to leave the Ethereum Foundation in the near future. He tweeted:
- “To be clear, “detaching” meant detaching from *needing* to participate. No actual plans to disappear any time soon.”
While the fake news did put Ethereum in the spotlight for a day or two, it did so negatively. Much of Ethereum community shuddered at the thought of the coin-founder leaving. Any news regarding a leadership shakeup bodes poorly for new products or services in the business world. Buterin’s quick response helped ensure no damage to the always full Ethereum ICO list.
Fact: Ethereum experiences some scalability issues. This fact could eventually affect the Ethereum ICO list. The Ethereum platform cannot process as many transactions per second as its nearest competitors, such as NEO or Stellar. It charges much higher transaction fees than other platforms. It requires specialized programming knowledge because it only uses Solidity. Let’s take these one at a time and examine how they impact scale.
Ethereum processes transactions at a maximum of 15 per second, while one of its competitors, NEO can process up to 10,000 transactions per second. This vastly reduces the amount of business firms can conduct on Ethereum in a day.
The speed of the transactions on Ethereum runs much slower than other platforms. It requires 3.5 minutes to process a single transaction. That’s way slower than competitor Stellar’s five seconds to process a single transaction. This slows down the business of any business on the Ethereum platform and limits their scale.
It charges much higher transaction fees than its competitors. You pay $1 to $2 per transaction. While this doesn’t impact high-value transactions of hundreds of thousands of dollars, it does when a firm conducts a large volume of small transactions. For comparison, Stellar charges no gas and charges a transaction fee of approximately .00001 XLM.
Fact: Ethereum has partnerships or support from heavy hitter, mainstream businesses like Microsoft. The Enterprise Ethereum Alliance (EEA) amasses established corporations together that have expressed interest in partnering with or have partnered with Ethereum. The big three currently involved include JP Morgan, Microsoft and Thomson Reuters. The EEA and its participants partner to advance the platform’s network to the point they can incorporate it into firms. These partners work with the platform to improve scalability, such as solving Parity’s issues processing large volumes of concurrent transactions.
While it might seem as if its scale issues would impact the Ethereum ICO list, it continues to grow. Businesses continue to choose the platform and its ether-based ERC-20 coins as the basis for their budding smart contracts. Check this site’s Ethereum ICO calendar to find an upcoming Ethereum ICO that interests you.
Ethereum vs Bitcoin
In order to fully appreciate the power of Ethereum, it’s necessary to really understand how it is different than Bitcoin. Bitcoins were not actually meant to establish the cryptocurrency industry that it did. It was originally simply a currency system, a means to exchange value. It was simple enough, through a program that was inherently a ledger of account balances.
As it is Bitcoin doesn’t have the smart contract ability to complete ICO transactions or perform other programmed actions. It is not a Turing-complete scripting system. The test of a Turing-complete system is that it can repeat instructions, or jump them if the conditions allowing it are met. Also, it must have the capability of making variables out of information. Generally speaking, most programming languages meet these requirements and are Turing-complete, but not the Bitcoin blockchain.
The Bitcoin blockchain does not support loops in programming. It was set up that way as a security measure because loops could allow for a DOS attack (denial of service), because a hacker could tell the miners to continue implementing loops.
Crowdsales require the calculation of the total after every new investment by individual investors, of which there may be hundreds or even thousands, and the closing of the offer once the pre-determined conditions are achieved. The recalculations must be performed after token distribution, and all of it is based on an algorithm. These features so necessary to ICOs demand Turing completeness.
While Bitcoin did a great job of showcasing how a new technology could change the face of finance and investment, its block time is also far too long to include transactions from thousands of token. That’s a problem for a fast-paced environment for new Ethereum ICOs and current Ethereum tokens where hundreds if not thousands of transactions occur within seconds. It takes up to 10 minutes per block on the Bitcoin blockchain, which means it can take up to an hour for verification of transactions. That would cause big delays in an ICO when new contributions could take an hour to be verified before the next step. Ethereum’s efficiency, in this regard, has outshone many other blockchain efforts.
The ERC-20 Protocol – Standardized Tokens
One of the defining attributes of Ethereum is the ERC-20, a standardized template for creating new tokens on the Ethereum blockchain. The ERC-20 Token Standard is a set of functions or guidelines related to issuing, distributing and controlling assets. A standardized template means that all tokens built on the Ethereum blockchain can interchange easily.
Before ERC-20, interchange between cryptocurrency tokens was complicated. Differences in how balances were verified and how transfers were made left most tokens incompatible. Interchange was complicated at best, and only possible after working tirelessly to get two different sets of code to communicate.
With a common set of rules and functions defined, all ERC-20 compliant tokens can be exchanged with other ERC-20 tokens easily.
The ERC-protocol was formalized in September of 2017. Today, all new tokens on the Ethereum blockchain meet the standard and have immediate interoperability with all other tokens on the Ethereum blockchain.
Smart Contracts – Less Complexity, Better Experience
This flexibility is possible due to a very complex structure of data. Known as the Merkel Patricia Tree, it uses a diagram of programing states that take into consideration the fact that there will be large scale changes, and allow for fast modification of the calculations, and almost immediate verification of all combined aspects involved in the execution of an ICO. This programming vastly surpasses a simple transaction ledger. That’s the big difference between the Ethereum network and other blockchain networks is its ability to power smart contracts. Smart contracts are basically programs that handle the transfer of digital currencies between parties.
There is another aspect of Ethereum that makes it such a great ICO platform. It also uses something that has been coined “gas” payments to prompt the system. Gas allows for incentives that make it attractive for people to use their own CPUs to power the program on the Ethereum blockchain. If there is not enough gas to complete the transaction or action, the program is aborted, and that keeps the loops from continuing in a DOS attack since each execution will end up being terminated. That makes ICOs on Ethereum extremely secure. A hacker can’t deny service that will kill your crowdsale.
People looking to enter into agreements on blockchain networks often don’t know one another, and trust can be a major issue. The smart contract allows agreements on the Ethereum network to be created with confidence. The network executes every contract in a way that provides the most security for all involved. By contrast, enter into an agreement on a blockchain network, and your contract is executed regardless of how it benefits either party.
Ethereum protocol has increased creation times that do not compromise blockchain security due to its Greedy Heaviest Observed Subtree (GHOST) protocol. This protocol gives Ethereum its power to create blocks faster, and that means transactions are verified and added to the blockchain quickly. That same protocol gives added power to the time it takes to distribute the resulting tokens at the end of the sale without compromising the integrity and security of the system.
ICOs on the Ethereum platform typically issue ERC-20 compatible tokens via smart contracts. As of January 2018, there were more than 21,000 ERC-20 token contracts. With a level of predictability and functionality other cryptocurrencies don’t have, Ethereum lets developers focus more on designing a sophisticated user experience and on ensuring security.
Distributed Autonomous Organization (DAO)
Like bitcoin, the Ethereum network is based on blockchain technology that’s open and decentralized. But, smart contracts also rely on Distributed Autonomous Organization (or DAO), an open-source entity that runs on rules encoded into smart contracts on the blockchain.
The DAO runs autonomously— all functions of the contract are performed independently—without the need for human intervention. It doesn’t belong to any organization or country and it has no board of directors and no chief executive officer. Since the network doesn’t need third-party supervision, you save money.
What Compliance Means for the Future of Ethereum and ICOs
The United States Securities and Exchange Commission has been in the news recently, causing big ripples in the ICO arena by issuing a report that threatened ICOs with securities classification. This new classification would create new levels of compliance requirements and tightened regulations for any new tokens created or sold in the U.S. This is also happening in the European Union, and China has completely banned ICOs. Many current ICOs are based in the ICO havens of Switzerland and Singapore. Even these locations are leaning toward compliance, requiring KYC and AML and creators of tokens entering the market will have to expect registration as a part of compliance as well as insisting on KYC form completion and identity checks from their investors.
Ethereum ICO Calendar
Find the Best Ethereum ICO for 2018 with ICO Spotters
The decentralized nature of public blockchains like Bitcoin and Ethereum has made global wealth transfer practically effortless. When you’re ready to find the next Ethereum ICO, browse our list of upcoming Ethereum ICOs today.