There was a time when ICO market seemed to be extra-terrestrial, but not anymore. Now that this is a market of $2 billion and now that even Goldman Sachs said, ‘ICO market is too big to ignore,’ there is no backing out. True that there’s been and there are innumerable charges against ICOs issued by none other than The Securities and Exchange Commission. At certain points of time, SEC might as well have been proved right by some imposters’ deceptive act, but of course, not all can be impugned because of one or a couple of bad.
Now you may start considering ICO a bad idea, but the core truth is it’s not. The profit potential in ICOs has relatively been higher than those of IPOs. You can totally consider your next investment in ICO, but be careful while choosing one. The poisonous rattles are no lacking in your way.
Well, while you are not doing the research, we can suggest you one – Xenia Coin ICO. Xenia is, just as all other blockchain companies, developing a decentralized platform for the sake of advancement, transparency and decentralization of current financial market. Xenia is primarily focused to develop and implement their projects in 30 African countries as they are still deprived of basic progresses and encroachments, happening in both fiat/ICO and Trade & Commerce marketplaces.
No state should lag behind while improvement is a possibility. Xenia is trying to contribute its best to decentralize the financial system of African countries by developing a multi-layered blockchain-enabled platform and conducting ICOs to raise funds for its run. Why would you believe what is being said here is because Xenia has verified itself a licensed and trusted blockchain company online. They not only have registered license number to show, but whitelisted ICO as well. With their ICO on the final phase to roll in, with investors’ already investment and with their team already working on the roadmap – things hardly have a chance to go wrong in your back!
Well, apart from this, you may not know that there is a pre-defined process to join an ICO. You can’t just get up on one fine morning and buy some digital tokens. You will have to go through a proper Cryptocurrency buying system, which includes:
- Buy ETH: Before you jump to buy any digital token, you will need to buy Ethereum and since there are not many places to buy Ethereum from, Coinbase becomes the by-default choice. The reason why you are advised to buy only ETH is because almost all decentralized platforms are programmed within the Ethereum blockchain ecosystem. Hence, they all by-default come to accept ETH.
For example: While you are to invest in Xeniacoin, you will need ETH already in holding.
- Set up Crypto Wallet: Since all ICOs (except for few, maybe) are designed on ETH smart contracts, your crypto wallet is supposed to support token receiving. For example, while buying Xeniacoin or Xenia digital tokens, you will send ETH to Xenia issuing a new xenia token and receive the token amount based on the announced exchange rate.
And, experience the cryptocurrency profits!