Bitcoin Forum

Hello,
We are STOW IT and we are an existing peer-to-peer self storage marketplace that is doing an ICO. We know of a few other marketplaces such as Rentberry and Storm that have either completed or are in ICOs. But we are searching for more.

Do you all know any existing marketplaces that have completed an ICO?

Thanks

Although you've already mentioned them, I second Rentberry.com.  Not only did they come into their token sale with a pre-existing platform, but their startup had been operating for years already previously.  When looking at any other projects in the real estate space (ie. Bee) or 90% of other projects full stop, non of them have working products and I think this is why we've seen such high dissatisfaction rates among ICO participants over the past few months.

It's not just a case of the market generally contracting after the growth in 2017 - there are much too many vapourware projects, and people got far to comfortable with the idea that buying into a project with no pre-existing platform to speak of what so ever is completely normal and acceptable.

That's why the contrast with projects like Rentberry are so strong, and why I think you see a trend, where these established and trusted businesses tend to get high participation levels at ICO.  Rentberry secured $30m from their token sale and are working now to follow their roadmap and release the next phase of their tech platform - full tokenisation and the release of their app in the coming months.  Projects like Bee are competing with AirBNB for a start, had no product to begin with, and have been hacked for over $1million worth of Ether.

That's the difference between established projects and vapourware projects - it'd be great to see more tech creation and less marketing in this space!