Top Rated ICOs

Cryptocurrency is taking over the world like a storm. All of mainstream media has been flooded with success stories about people making millions out of a forgotten thousand-dollar investment they made in 2013. It would be foolish to run into an investment opportunity basing your beliefs on the few success stories that you have heard promising exponential returns on very little. However, it would be equally foolish to completely ignore the gold mine that cryptocurrency promises itself to be. The one route that everyone should take through the world of cryptocurrency is to educate yourself about the workings of the industry.

It is evident that the world is moving onto less conventional forms of investment, which was bound to happen in this day and age of technological advancement. People are moving away from the ancient forms of investing in land, something that was tangible and measurable, and moving to investments that are as virtual as anything of value can be in today’s time. The piping hot investment option for the past year has been cryptocurrencies in one form or the other. One name that you must be familiar with is bitcoin; however, there are many forms of cryptocurrencies that you are not yet completely familiar with, including names like Ethereum and DigixDAO.

In order to decide whether or not you want to invest into cryptocurrencies, you must make sure you know what you are dappling with. Cryptocurrency can be defined as “form of digital currency or virtual currency, which is created and stored electronically in blockchains. It uses encryption techniques to control creation of financial units and to check the transfer of funds. It is very secure and safe. Cryptocurrency has no physical form. Cryptocurrency network is completely decentralized. Its supply is not controlled by any central government authority.”

The reason why everybody is rushing towards cryptocurrency is the underlying technology behind it. It is usually referred to as the blockchain revolution. In simple terms, it is a system through which information travels. Boston University has published an article explaining why blockchain technologies have garnered a massive following, explaining that the blockchain technologies use a computer network spread over volunteers, making it decentralized as it is controlled by no one. It is this system that is used to keep record of cybercurrency transaction, even though the public only has to link to an online address. It has been predicted that blockchain technology will soon spread over and into other forms of information management such as those of bonds, stocks, contracts, and other things of value.

Now that you know how the system works, this will allow you to make intelligent decisions about whether or not you want to make your investment, and if yes, then how. The value of cybercurrency continues to climb, and you may wonder why. Any quick money-making scheme is viewed with skepticism, as it should. So, in order to move forward, you must know why the value is soaring. Mark Williams, a lecturer of finance at Questrom School of Business, explains the phenomenon behind the rising value of cryptocurrency, “The perceived value of one cryptocurrency over another is based on the notion that the holder of the digital currency gains exclusive access to a given type of blockchain technology. Some speculators view this as a lottery ticket, and if the market adopts your blockchain type, the payday will be astronomical.”

In order to make solid investments into secure cryptocurrency networks is to look for Top-Rated ICOs that can give you the returns you went in looking for. These include TimeBox ICO, Omnitude ICO, and Arround ICO in the top 3.