5 Noteworthy ICOs: December


Overview by the team kript.io
Every month the Kript team chooses the five most interesting ICO projects that you should take notice of. What's coming in December — a marketplace for games, a P2P lending platform, a platform for intellectual property (IP) discovery and mining, and more.
Project: a decentralized affiliate marketplace for games. The platform benefits gamers, influencers, and developers. Gamers get cash awards for sharing and playing the video games; influencers have a secured profit even with small followings; there aren't any legal fees or setup included.

Pros: lower marketing costs and greater profits for the community due to the blockchain technology. Cash prizes promise engagement growth. The team has great experience working for Zynga, Electronic Arts, and Google.

Cons: marketing deals play an influential role in the potential monetary fulfillment. This project cuts out an intermediary — an advertiser. They also want to reward users with cash, which might be complicated.

Website: refereum.com

End of ICO: January 12, 2018.
Project: a decentralized P2P lending platform. ETH smart contracts connect lenders and borrowers, providing syndicated loans. It also enables to sell a loan to any other lenders. They aim to offer better rates and a minimal risk to lend funds. People are directly involved in the credit agreements.

Pros: Lendoit Smart Compensation Fund minimizes the lender's loss if the borrower can't pay back the loan. The possibility of the syndicated loans can minimize the risks by sharing the lenders' capital on different loans.

Cons: lending is a risky business. The developers say that Lendoit doesn't take a deposit that provides security in case of non-payment.

Website: lendoit.com

End of ICO: February 18, 2018.
Project: a mobile app with a digital wallet for managing reward shopping points. It is a new cryptocurrency token that will help global merchants issue their branded tokens (Merchant Tokens). The tokens will be available to a mass consumer audience. Consumers will quickly adapt it to their marketing strategy due to the minimal set-up of the GAT system. Merchants will issue the tokens and display them in the mobile token wallet. These tokens circulate on private consortia and can be used to buy real products. You will later also have an opportunity to transform loyalty points and shopping vouchers into tradable digital tokens.

Pros: greater consumer flexibility with spending options. The shopping incentives transform into tradable digital tokens which also benefit the merchants in a business. The GAT Exchange enables to trade unused tokens and get rewards at new shops.

Cons: there are a lot of ICOs with a reward system — FluzFluz, for example. In fact, Gatcoin's idea has nothing special compared to other projects.

Website: gatcoin.io

End of ICO: January 15, 2018
Project: an ecosystem for trading and investing in financial markets, virtual goods, and cryptocurrencies. NGC is a decentralized unit of the account and can be used for SwipeStox ( a social trading network).

Pros: they are an experienced team with more than 120 people. NAGA Group AG is a German FinTech company. NAGA performed the fastest German IPO in the last 15 years. They also own different financial licenses in Europe.

Cons: NAGA company is already well-developed and trading billions of dollars every month. Why do they start the ICO for crowdfunding? Their current market cap already exceeds EUR 200 million.

Website: nagaico.com

End of ICO: December 15, 2017
Project: a platform for intellectual property (IP) discovery and mining. Their system simplifies the patent search process. InnVenn platform enables inventors to discover and mine the IP on a blockchain, provides a marketplace for trading IP assets. LOCIcoin is a fundamental asset of the Loci ecosystem and can be used for rewards, metrics of the IP, and bids.

Pros: inventors can secure their ideas. You understand where your idea fits in the intellectual property, send a request, and the idea becomes protected by the data. Inventors can also sell their IP directly to the buyers.

Cons: will the government jurisdiction approve the Loci registration of IP? If somebody, for example, stole my idea from Loci, can I go to the court with a legal proof that my idea was registered and was stolen after?

Website: locipro.com

End of ICO: December 31, 2017

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