I like lloking for the underdogs, the outsiders and the unknown. Especially in ICOs, you want to find the dark horse that everyone else misses, unti it's too late: you are in, the others aren't and suddenly want your stuff.
With ETH ICOs being all the rage right now, I'd like to look at some projects which do not take the simple ETH token route, but try to find their own path.
Any hints?
I've found this so far:
I'm not really an ICO nut, but this one caught my eye:
AdamantI gotta say, in a world where almost all ICOs are run through Ethereum, many of which are promising a mainnet "eventually", having a project which not only uses something else than Ethereum, but also already has a working network is pretty refreshing.
Lisk, which Adamant is based on, did quite well back then, as did a lot of non-token, non-Ethereum ICOs.
We'll see whether times may have changed, but I always went with the underdogs and it paid off in the end.
Another, more recent example was Dragonchain. It had its ICO in a kind of depression state, where everybody was pretty much fed up. Additionally, it had no Hardcap, which people disliked as well. Turned out to be one of the big, big winners.
So, my bet is on
Adamant, because it is pretty much a dark horse at this stage.
More of my thoughts on it here:
Can I just say how glad I am to see an ICo which is not just another ETH token?
My personal thoughts:
Pros:
- Working prototype
- Proven consensus system (Lisks codebase)
- Relatively small hardcap (12 000 ETH or roughly 8 000 000 $)
- Most of the tokens will be distributed
- Sniffing around indicates, that this is a legit project (E.g. interview on the Lisk blog, yet no official endorsement)
Cons:
- I'm not sure whether an independent blockchain is really needed for this project
- It's still a token solution, meaning, you'll have to jump through hoops to get the tokens to pay, as opposed to payment via established currencies
General thoughts:
There is a number of projects working in that direction, which on the one hand is competition, on the other hand indicates a general interest in the idea. From what I'm seeing, Adamant is pretty far ahead, compared to others (Hush, ODN, et. al.).
With SHIFT, Ark, RISE and Blockpool, Lisks codebase has been utilized quite a bit. Projects like EOS will be using a variant of DPoS as well, so there might be more interest in projects going that route.
All in all, I feel the positives outweight the negative aspects, so I'll put a little bit in there.
Ref link:
https://adamant.im/ico/?referal=U10700721906004344123Ref link shill:
https://adamant.im/ico/?referal=U10700721906004344123
