What Is an ICO in Cryptocurrency?

ICO is short for Initial Coin Offering. When launching a new cryptocurrency or crypto-token, the developers offer investors a limited number of units in exchange for other major crypto coins such as Bitcoin or Ethereum.

ICOs are amazing tools for quickly raining development funds to support new cryptocurrencies. The tokens offered during an ICO can be sold and traded on cryptocurrency exchanges, assuming there is sufficient demand for them.

The Ethereum ICO is one of the most notable successes and the popularity of Initial Coin Offerings is growing as we speak.

A brief history of ICOs

Ripple is likely the first cryptocurrency distributed via an ICO. At the start of 2013, Ripple Labs began to develop the Ripple payment system and generated approximately 100 billion XRP tokens. These were sold through an ICO to fund Ripple’s platform development.

Mastercoin is another cryptocurrency that has sold a few million tokens for Bitcoin during an ICO, also in 2013. Mastercoin aimed to tokenize Bitcoin transactions and execute smart contracts by creating a new layer on top of the existing Bitcoin code.

Of course, there are other cryptocurrencies that have been successfully funded through ICOs. Back in 2016, Lisk gathered approximately $5 million during their Initial Coin Offering.

Nevertheless, Ethereum’s ICO that took place in 2014 is probably the most prominent one so far. During their ICO, the Ethereum Foundation sold ETH for 0.0005 Bitcoin each, raising almost $20 million. With Ethereum harnessing the power of smart contracts, it paved the way for the next generation of Initial Coin Offerings.

Ethereum’s ICO, a recipe for success

Ethereum’s smart contracts system has implemented the ERC20 protocol standard that sets the core rules for creating other compliant tokens which can be transacted on Ethereum’s blockchain. This allowed others to create their own tokens, compliant with the ERC20 standard that can be traded for ETH directly on Ethereum’s network.

The DAO is a notable example of successfully using Ethereum’s smart contracts. The investment company raised $100 million worth of ETH and the investors received in exchange DAO tokens allowing them to participate in the governance of the platform. Sadly, the DAO failed after it was hacked.

Ethereum’s ICO and their ERC20 protocol have outlined the latest generation of crowdfunding blockchain-based projects via Initial Coin Offerings.

It also made it very easy to invest in other ERC20 tokens. You simply transfer ETH, paste the contract in your wallet and the new tokens will show up in your account so you can use them however you please.

Obviously, not all cryptocurrencies have ERC20 tokens living on Ethereum ‘s network but pretty much any new blockchain-based project can launch an Initial Coin Offering.

The legal state of ICOs

When it comes to the legality of ICOs, it’s a bit of a jungle out there. In theory, tokens are sold as digital goods, not financial assets. Most jurisdictions haven’t regulated ICOs yet so assuming the founders have a seasoned lawyer on their team, the whole process should be paperless.

Even so, some jurisdictions have become aware of ICOs and are already working on regulating them in a similar manner to sales of shares and securities.

Back in December 2017, the U.S. Securities And Exchange Commission (SEC) classified ICO tokens as securities. In other words, the SEC was preparing to halt ICOs they consider to be misleading investors.

There are some cases in which the token is just a utility token. This means the owner can simply use it to access a certain network or protocol in which case they may not be defined as a financial security. Nevertheless, equity tokens whose purpose is to appreciate in value are quite close to the concept of security. Truth be told, most token purchases are made specifically for investment purposes.

Despite the efforts of regulators, ICOs are still lingering in a grey legal area and until a clearer set of regulations is imposed entrepreneurs will attempt to benefit from Initial Coin Offerings.

It’s also worth mentioning that once regulations reach a final form, the cost and effort required to comply could make ICOs less attractive compared to conventional funding options.

Final words

For now, ICOs remain an amazing way to fund new crypto-related projects and there have been multiple successful ones with more to come.

However, keep in mind everyone is launching ICOs nowadays and many of these projects are scams or lack the solid foundation they need to thrive and make it worth the investment. For this reason, you should definitely do thorough research and investigate the team and background of whatever crypto project you might want to invest in. There are multiple websites out there that list ICOs, we recommend checking this ICO calendar if you’re interested to invest in a crypto project.

Best Sports Bra for DD Review

Sports bras are the most troublesome bra types to get right in the world. There is always a lot of confusion while purchasing them. It tends to be strenuous to get the right size, shape and the one with enough compression. The main work of a Sports Bra is to avoid bouncing and provide satisfactory comfort during sports activities. Purchasing bras for women with big bosoms can be a hustle as well as for those with tiny chests. You need to know the cup size, and the compression demanded. Thanks to Amazon for making it easier and offering free returns on bras. The best sports bra for DD have, and different features such that some may be appealing, straps that can be adjusted, and other may have zippers. There are different types of sports bra based on size and shape: Wonder wire Sports Bra, Bounce Control sports bra and Removable Padded Sports Bras. Each sports bra type has their features fit for individual exercise. It’s therefore essential, as a buyer, to carefully assess and decide which one is fit and comfortable. Also check for features such as underwire, two layers and one with good compression material.

Wonderwire Sports Bra
Based on the review of the best sports bra, there is no significant difference between the three types of sports bra mentioned above. However, there are some features to be considered. The Wonderwire sports bra is the most preferred sports bra due to its excellent quality and has that sport like a look. It is very comfortable especially for jogging and jumping exercises since they contain seamless external cups made of a material that does not stretch.

Pros for this bra
1. Has snaps behind that lay flat without poking at you.
2. Has shoulder straps which are very relaxed and comfortable.
3. It fits very well especially to those with big breast size since the behind coverage is extensive.
4. It has an underwire which makes it the best sports bra.

Cons
1. The cups do not have right shapes and are huge for C cup size. They tend to leave some forms at the top.
2. The bra does not offer good support due to the thin cloth used to design the cups.

Removable Padded Sports Bras
It is a decent bra. Its quality is great It has a smaller fitting thus people with tiny Busts prefer to use. It is feels soft and comfortable. It offers perfect support, and the pads prevent the nipples from poking.

Below are pros for this bra,
1. This bra has cute padded cups that does not move thus providing good support while doing yoga.
2. The pads can be removed making it easier to wash and dry it.
3. It fits very well, and the straps are very comfortable.

Cons
1. It contains some chemical which produces a bad smell which only comes out after washing it many times.
2. It also gets tiny and tight so fast, and you cannot adjust the straps. Henceforth, making it uncomfortable for sports.

Bounce Control Support Sports Bra
It is so wearing to get a wireless bra with the exact fittings, but the good news is that bounce Control Support is a great sports bra which gives impressive and unlimited support to high-impact exercises.it is made of high and premium quality material, and it provides excellent and comprehensive coverage. The fitting is proper, and it comes in huge-friendly sizes is bra is very cool and lightweight and is recommendable for swimming sports. Besides it being worn for games and can also wear for own comfort with t-shirts.

Pros for this bra
1. Apart from supporting high-impact activities, it also offers excellent support more massive bust for low to moderate impact exercises like such as yoga and Jogging.
2. It has some openings on the sides of the bra which facilitates proper breathing.
3. It consists of three regular bra clasps, and it can give any room required and does not rub on the skin the way other regular bras do.
4. It is extremely comfortable.

Cons:
1. This bra is not suitable for running and plyometric exercises since it is flimsy and does not offer good support especially for those with little busts.
2. A thin net-like material is used to make the sides and back which makes it difficult to provide support for impacts for women with big cup sizes.

Automobiles – Your Precious Possession

Global automobile companies like Mercedes, Hyundai Motors, Fiat, Ford, and Toyota etc have stepped into International markets. Now Indian automobile companies like Maruti Suzuki, Tata Motors, Hindustan Motors, and Mahindra etc. are also recognized as global manufacturers and keep on bringing new models of automobiles into the international market. This shows that people across the world are investing a lot on various car models launched by a number of manufacturing companies. Automobiles, whether it is a car or bike have become a possession of flaunting ones personality.

No doubt, people spend a lot on automobiles, in such a situation, automobile insurance becomes indispensable. Expensive cars and road bikes are no longer a necessity now they have become an inherent part of ones personality. Your precious automobile requires safety, proper care and our great vigilance. Also, vehicle theft is almost common in all the countries of the world and can cause you a loss of hefty sum of money, if by chance you lose your vehicle. In addition to these, possibility of road accidents whether you are living in any part of the world is something you can not deny. Here is when Automobile insurance comes into play. Automobile insurance safeguards you against any such heart-reckoning situation which can lead to loss of your costly vehicle earned by your hard-earned money. Now days with the facility of internet you can apply for automobile insurance online.Online automobile insurance makes an easy and less expensive way of getting your vehicle insured.

Besides this, your dream of owning a luxurious car has now become easy through the various car loans being offered. Now with the car loans facility you can buy a brand new SUV, MUV, jeep or even a small car.The new car loans provided by the various banks and financial firms enable a consumer to own the latest model of cars from various manufacturers, like: Maruti, Hyundai, Tata Motors, Fiat, Ford, Honda and many more. The size of the car loan usually depends on the type of the vehicle whether it is standard or premium, the percentage of financing and the cost of the vehicle. In case of a new car a loan of up to 90% of the total cost of the car can be availed. Normally the tenure of repayment of the auto car loans can vary from 1 to 5 years, but some banks offer a flexible relaxation up to 7 years. Auto Loan Calculator estimates the overall cost of purchasing a car, including the sales price, sales tax, and the many charges and fees that are thrown on you when you finally decide to make the purchase.

Automobile suppliers take care of all the needs of the customers related to the automobile they want to buy. The list of automobile suppliers is normally available online. You can check through internet and contact the automobile supplier of your area if you want to buy any car, bike etc. Also there are car rentals in India. Car Rental in India offers Luxury, Deluxe and cheap & budget car rental services in New Delhi, Agra, Goa, Mumbai and in almost all the big cities of India. Car rentals in India offer variety of cheap car rentals, luxury car hire, coach travel in India, coach holiday packages, discount car rental to put the customers at ease.