FAQ

RankYourICO is one of the most premium portal for all ICO's. We want to list only genuine and profitable ICO's with the help of crypto experts and dedicated legal team. We have been working with several partners to improve the quality of the projects we list and building features to bring the industry to the next level.

Cryptocurrencies, a subset of digital currencies, are instruments used for different exchanges of value. Cryptocurrencies rely on innovative uses of cryptographic technologies, such as blockchains, to create proof of value through computational expense, and a complete, often verifiable history of transactions. Bitcoin, created in 2009, is the first and most well-known decentralized cryptocurrency, combining p2p networking technology, like bit torrent, with advanced cryptography. Due to how only a limited supply of Bitcoin can be created, and how the currency can be split in tinier parts as the value grows, the original coin has offered legendary payback for early investors.

First off all, it's important to remember that ICOs rarely, if ever, offer any kind of equity in the companies providing them. ICOs lean on the good old term of IPO, Initial Public Offerings, for credibility. When an enthusiast takes on a coin offering, they receive virtual currency. The currency, also called tokens, functions within the emerging platform of the ICO startup. Investors bet that the tokens will skyrocket in value, when the application platform grows. Even ICOs brought forward in good faith operate in a completely unregulated market. Compare this to stock markets, which have been under the lens of regulators for centuries, following painful lessons learned under cycles of booms and busts. So, anyone interested in ICOs would be served well by a healthy dose of skepticism. We also want to remind our readers that tech startups tend to be high-risk targets for investments as it is. Stay informed or proceed at your own peril.

RankYourICO just lists ICOs that are out there. We aggregate and organise information that already exists irrespective of rankyourico. Similarly, we don't receive money from users and we don't pay, store or transmit any funds to the ICOs. In order to join an ICO, users must visit the ICO's web page and follow the instructions presented by the ICO. Please note that every ICO may have different rules and procedures for joining, so it's important that you assess each ICO carefully before sending funds anywhere.

If we leave the past and see the present era then you will see this sector is growing at exponential rate. Countries are accepting cryptocurrencies and regulating it. In future, you will see a huge potential in this sector. The legality of ICO initial coin offering depends on countries' economic policy. For example, ICO is legal in the USA and it is illegal in Bangladesh.

The concept of initial coin offering emerged due to Blockchain technology. Actually, ICO initial coin offering is a model to raise the funds for Blockchain based projects. Its process is simple, Blockchain developers found an innovative idea and they suggest it to the community. Once the project gets approved, they prepare a white paper, where they include the scope of the project, its vision, and all technical aspects. After white paper, to reach a maximum number of investors marketing campaign begins. During the marketing campaign, they elaborate all features and benefits of the project. ICO date is unveiled when the token sale is scheduled to begin. There is usually a defined time period to raise the required funds, after which the sale closes. Investors then start receiving their tokens and plans are made for them to go live on exchanges for trading.

Tokens are a digital asset that is sold to the public during an ICO campaign, usually for other cryptocurrencies like Bitcoin and Ethereum. In Crypto terminology, the distribution of token during ICO campaign is known as AirDrop. Unlike other cryptocurrencies like Bitcoin and Ethereum, tokens do not have their own blockchain rather hosted on another Blockchain

Usually, you will not get the instant advantage of the token; rather you will get its benefit when these tokens will be listed on major exchanges like Bittrex and BitFenix etc. Let allow us to illustrate, suppose you have received 1000 token worth of 500 USD if the ICO project becomes successful and the particular token listed on site like Bittrex, then you can earn 100 to 200 times more amount selling the tokens.

Well, RankYourICO provide a hassle-free ICO platform; thereby users can join, invest and participate in ICO seamlessly. Here notable thing is that each ICO has a different rule to join ICO. On our website, you have to click on ICO calendar page and follow the instructions to participate in ICO.

Yes, it is safe. But you have to make sure that you have done sound research before investing. If we talk about Rankyourico, ICO rating and voting will give you a better idea that whether particular ICO is worth investing or not. We list the ICO after in-depth research that not only worth investing but also ensures the best return on investment.

Yes, here we have started the new initiative ICO rating and ICO voting. The rating and number of votes will give you a better insight into ICOs.

In most cases, the money is refunded into the investors account. However, in some cases, client go for ICO token sale forever until the minimum cap is ultimately reached.

In such situation only sold token will be created and issued. For example, if only 30% of the tokens are sold in the first round, then only 30% will be generated. But in some cases, as a new trend, unsold tokens are burnt after the ICO is over to reduce the circulatory supply.

Well, in initial coin offering you cannot predict with 100% accuracy about good token or bad token. However, the success of the token depends on its team, the concept and the objective behind it. If the token achieves 100% market cap, then it will consider as good token..

In term of market cap, circulating supply, price, and volume, Bitcoin is superior to Ethereum. But when it comes to liquidity and scalability, Ethereum proves a better candidate for the long run.

Smart contracts are a subset of the interesting new things resourceful companies can build on blockchain technology. This type of mechanism is a potentially revolutionary step forward towards building decentralized, trustworthy information exchanges. Keeping the high risks in mind, the ICOs that end up succeeding will yield high returns on investment. If approached with balance and caution, as any good financial advisor would, ICOs offer first class tickets to a Mars mission of sorts. We encourage you to read on. If you understand the topics below, chances are you'll come to share our excitement.

Future networked applications and online commerce may be built on smart contracts, an offshoot of the blockchain concept. This type of tech usually has the foundations of some kind of cryptocurrency, sometimes referred to as App Coins, or tokens. Tokens are used in exchanges, and traded for compute resources needed to offer different kinds of services. The early days of the Bitcoin gold rush reminds us of why it might be worth jumping on ICOs. Early investors have much to win, as the value of the platform being bought into increases. With securities and stocks, investors own a small slice of a company. App Coins on the other hand are the nutrients, sunlight and atmosphere in which blockchain platforms operate. ICO returns come from owning a slice of the tokens being exchanged in every transaction on the network. Tokens are part of a machinery, which in simplified terms, can fund services and commerce in way that could uproot the current standard internet business models of "freemium",

Mainstream media reporting would easily lead you believe that Bitcoin is all about hopping on a Tor Browser to shop for whatever naughty stuff the State tries to keep away from. That's far from the truth. Bitcoin is revolutionary because blockchains offer a decentralized ledger of transactions. Every hour, every node on the bitcoin network grab a list of transactions from its peers. Transactions are verified by being wrapped in cryptographic signatures, making it extremely hard to mess with any piece of Bitcoin history. This takes us from illicit goods to huge potential world-improving scenarios for blockchains. Human civilization needs permanent records and enforceable contracts as we leap forward into digitizing and automating everything with fallible, insecure computers.

The technological details of smart contracts can rightly be described as hard to grasp abstractions. The tech is actually extremely fascinating, regardless of the level on which you understand it. With smart contracts, p2p networks can offer blockchains that perform computer programs. Smart contracts are programmable in the sense that transactions can check for conditions and trigger events, when everything lines up. It's bitcoin plus apps! Everything going on in the system becomes the business of everyone, to a degree, as all nodes on the network work to keep a cryptographically verified log of transactions. Imagine spending cryptocurrency to parts of adult life way smoother, from getting loans for cars or real estate to just getting a smart phone with a data plan. Blockchain events become a shared interest, making it possible for credit records and similar to go through quickly, when conditions match up.

No! RankYourICO is a portal that presents information about ICOs that are out there. We aggregate, organise and present the information that ICOs submit to us. We don't interfere with the information they submit, and the information presented is the responsibility of each individual project.RankYourICO does not provide individualised investment advice, and we do not recommend one ICO over another. We allow the ICOs to market themselves in our platform by upgrading their listings to a more prominent one. It's similar to Ebay, people list their items to sell and then can upgrade their listing hoping to grab the attention of more potential buyers. If you see anyone claiming to be from RankYourICO providing advice on which ICO to join, or which ICO is better than another please let us know immediately.

Utility tokens, often called app coins or user tokens, provide users with future access to a product or service. Through utility token ICOs, startups can raise capital to fund the development of their blockchain projects, and users can purchase future access to that service, sometimes at a discount off the finished product's sticker price. An example of a utility token is the Basic Attention Token (BAT). As Strategic Coin explains in its BAT token launch research report, the BAT token functions as a medium exchange between users, advertisers, and publishers who participate in the Brave browser ecosystem. Advertisers purchase ads using BAT tokens, which are then distributed among both publishers and browser users as compensation for hosting the ads and viewing them, respectively. Utility tokens are not designed as investments; however, many people contribute to utility token ICOs with the hope that the value of the tokens will increase as demand for the company's product or service increases. Utility token price fluctuations can be compared to those of sporting event tickets. The value of a ticket to a future sporting event may increase if one or both of the teams wins a significant number of games and becomes a contender for the championship. On the other hand, that same ticket may decrease in value if a star player suffers an injury or a team goes on a prolonged losing streak.

Security tokens represent ownership of an asset, such as debt or company stock. By employing blockchain technology and smart contracts, a startup could forgo a traditional initial public offering (IPO) and instead issue shares and voting rights over the blockchain. Additionally, a lender could create tokens that represent debt owned by the company, enabling loans to be bought and sold in a high-liquidity environment. Many people believe that equity tokens will eventually become the predominant type of ICO token. However, the U.S. Securities and Exchange Commission (SEC) has indicated that equity tokens are subject to federal securities regulations, and as of the time of writing, few startups are equipped with the resources to issue equity tokens that comply with all applicable regulations. Consequently, investors should not contribute to an equity token ICO without obtaining guidance from a legal professional who specializes in federal securities law.

Words "coin" and "token" are often used as synonyms and considered by many people as interchangeable. But they refer to two completely different concepts. So why many crypto users confuse coins and tokens and what is the crucial difference between them? In fast-changing sphere of cryptocurrency mass emergence of new terms led to misunderstanding and misuse of them. All coins and tokens are regarded to as cryptocurrency, despite the fact that many of them are not circulating as currency and were never meant to be. According to the definition, currency is a medium of exchange, unit of account or a store of value. Bitcoin has all these features, so the name "cryptocurrency" is justified in this case. But all coins and tokens, the mass production of which started after Bitcoin's success, were named "cryptocurrency" by inertia, though many of them don't fulfill necessary characteristics. So coins and tokens two different kinds of units created using cryptography are named cryptocurrency. This fact is misleading newbies, that want to buy some crypto coins and then find themselves happy owners of tokens. Coins Coins (that are also often called altcoins or alternative cryptocurrency coins) are digital money, created using encryption techniques, that store value over time. Basically it is a digital equivalent of money. Bitcoin is the most famous example. Bitcoin is based on blockchain public and distributed digital ledger, where all transactions can be seen. Data is stored collectively and shared between participants of blockchain network. Blockchain guarantees transparency and reduces fraud. There are coins based on Bitcoin's original protocol, created by Satoshi Nakamoto and opened to the public (Litecoin, Namecoin) and coins that operate on blockchain, created specifically for them (Ripple, Monero). Coins have the same characteristics as money: they are fungible, divisible, acceptable, portable, durable and have limited supply. Most ambitious crypto enthusiasts insi