With the evolution of cryptocurrencies and the blockchain technology, companies saw the opportunity to quickly get funds and run a good business. ICOs turned out to be a great way to obtain funds. Nearly all of them are Ethereum based. Last year, an incredible number of startups used ICOs to fund projects. Because of the increasing demand, regulators are now trying to find a way to regulate this entire process. A few of the projects that caught our attention are the following:
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SimplyVital Health
SimplyVital Health uses blockchain technology so it can manage patient data by using smart contracts. This means convenient, decentralized health care with easy data access. Their goal is to ease the process of communication and coordination. This ICO is expected to create more than 100 million tokens and most of them will be used for further development of the blockchain.
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Trippki
This project is also Ethereum-based. It’s supposed to be a booking service with low costs and easier communication. With Trippki you don’t have to go through all the hassle with a travel agent which means lower costs for customers. The hard cap for this ICO is 36.000 ETH.
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Requitix
A great way to improve e-commerce. With Requitix, payments and transactions can be done within seconds and without fees, of course. Users can download a mobile app.
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GREENEUM
A great ICO project that is trying to create a global energy network for distribution and generation of sustainable energy. The entire project is blockchain-based and its aim is to efficiently integrate renewable energy into our everyday lives.
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