- November 27, 2018
- Posted by: Influenced Online
- Category: Latest News
The ICO (Initial Coin Offering) market has had a bad year. Massive losses of investment, scammers infiltrating Telegram Groups, conning innocent investors and exit scams as well as other challenges like the SEC hunting down projects, categorizing them as securities and enforcing punitive measures like fines and ordering the return of funds to investors.
Security Tokens are now the talk of the town, and it appears that ICOs as we know them now may soon be a thing of the past, replaced by STOs.
However, ICOs still play and active role in the cryptocurrency space and it seems certain that new ones will come to fruition. It appears that some of them have learnt from the mistakes of others and are offering features that provide additional security and confidence to encourage investment.
In fact I have found the first ICO to offer a money-back guarantee.
Tachain.io are leading the way with this game-changing strategy to encourage investors to their ICO. Whilst I am not 100% sure how this will work, if legitimate it will certainly set a precedent and should install confidence into their project as well as the the market if it encourages others projects to follow suit.
My understanding is (and I am still to gather the definitive details) that they will offer investors the opportunity to sell their tokens back to Tachain and receive the original cryptocurrency value, I.E Bitcoin or Ethereum. Hopefully I will get time to research this more and figure out exactly how they are able to offer this guarantee and confirm its validity.
There certainly needs to be much more due diligence to confirm this is a legitimate offer and investment, but initial views are that it actually appears to be genuine.
Tachain are concentrating on the travel sector. They will be bringing an entire ecosystem that incorporates an app which books and manages travel as well as allowing the user to earn tokens by viewing ads. These tokens can be used to pay for the travel, enjoy entertainment or traded.
It’s an interesting concept considering the amount of time people sit around idle whilst using private or public transport. So why not earn during these boring, unproductive times?
Disclaimer: This article is based purely on my opinion. I do not endorse any of the companies or branding that I write about. I use them for demonstration purposes only, to make a point or as an example. This is not financial or any other form of advice. Always do your own research