2019: Which ICOs Are Now Thriving Firms? (Part 3 of 3) | Hacked: Hacking Finance
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2019: Which ICOs Are Now Thriving Firms? (Part 3 of 3)

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2019: Which ICOs Are Now Thriving Firms? (Part 3 of 3)

Introduction

This article was posted on Sunday, 13:54, UTC.

Just like every romantic encounter can produce a child who grows into a billionaire or a janitor, every ICO is creating a company or product which must now navigate its way into the world. In this three-part series, the author makes predictions on a few ICOs he believes will stand the test of time.

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Often during this series, you will notice that the author is an active investor or participant in the thing he is writing about. We hope you keep this in mind when reviewing all forward-looking statements from the author, who is not a registered financial advisor nor wishes you to strictly follow his advice instead of your own intuition.

Read the first part of the series here and the second part here.

Aragon

We like Aragon as a long-term ICO play. Aragon has performed okay to date, in terms of token value, but we have to remember that we’re really only at the beginning of this whole blockchain thing. The more companies that want to integrate with the blockchain, the more that Aragon will become important in helping them get there.

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We think that this software will probably revolutionize the adoption of the blockchain, at least for some. We think that other plays in this space are bound to do well in addition, because the space is wide open. We will periodically update with more ICOs in this category of long-term plays, but of our top three that we are currently aware of, Aragon certainly makes a nice third.

The importance of Aragon and things like it is hard to understate. In particular, Aragon wants to enable the ease of fundraising through the blockchain. This would limit the number of ICOs by existing companies, which would be nice. In essence, if we’re going to fund ICOs, we want the generation of tokens that are going to hold some value.

As we can see above, the Aragon ICO went well enough. We’re still waiting on it to break the five dollar mark, let alone the ten dollar mark, but again, we call this a long-term play, and now would be a good time to acquire it, at least when it dips. Much like the Basic Attention Token [analysis link], we think that this is a token before its time, but still worth holding – in the same way it would have been prescient to buy and hold Bitcoin, Litecoin, and Dash in 2015.

Important: Never invest money you can't afford to lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here.



Feedback or Requests?

P. H. Madore

P. H. Madore

http://phm.link

P. H. Madore has covered the cryptocurrency beat over the course of hundreds of articles for Hacked's sister site, CryptoCoinsNews, as well as some of her competitors. He is a major contributing developer to the Woodcoin project, and has made technical contributions on a number of other cryptocurrency projects. In spare time, he recently began a more personalized, weekly newsletter at http://ico.phm.link

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