Altcoins and ICOs Explained in Plain English

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An ICO is a fundraising operation for a project through the sale of cryptographic tokens. The tokens are sold at a discount and later on may be used within the project or sold for a profit. ICOs are unregulated and hold a lot of risk for uneducated investors.

Altcoins, as alternative currencies to Bitcoin. There are four main factors to take into account when evaluating a cryptocurrency – Adoption, security, innovation, and incentives.

That’s ICOs and altcoins in a nutshell. For a more detailed explanation keep on watching the video, here’s what I’ll cover:

0:38 – What are altcoins?
0:56 – Why do we need altcoins?
1:49 – How to evaluate altcoins?
3:56 – What is an ICO?
5:36 – The Ethereum ICO
6:23 – A disastrous ICO example
6:52 – ICO caveats
9:34 – How to evaluate an ICO?
10:30 – Conclusion

For the complete text guide on altcoins visit:
https://bit.ly/2Y2hDFe

For the complete text guide on ICOs visit:
http://bit.ly/2C12etI

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See anything we haven’t covered? Leave us a comment in the comment section below

Comments

99Bitcoins says:

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CreativeIdeas says:

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Jeanne Newman says:

guys, have you heard about this new ido launchpad coming up called yieldpad….seems interesting…. They have dealt with issues with current platforms and came up with a winning formula

Billy the Baller says:

Please make a video explaining the difference between coins and tokens

GULAVIS DK says:

Say I buy bitcoin and then an altcoin. Say bitcoin drops by 50% while the altcoin increases by double. Do I make any money then? Is my money on both the altcoin and bitcoin at the same time or just one of them?

Kevin Sosa says:

This man is a gift to us!

Edwin De Paz says:

There's so many coins out there, it's gonna take weeks to research them all

Navid Jaensch says:

God bless you for explaining these concepts so simple, efficient and easy to understand

Matthew Henry says:

Cryptometh is probably the next safemoon tbh

Sharmin Fariha says:

A very helpful explanation. Thank you, Nate.

Moon Nguyen says:

Ran into some difficulties , I was running on fumes I thought life was done with me , now I get $13,400 each week on profits.A very big thank you to George Williams

E L says:

Hey Youtube community ! Wich altcoins do you believe in ? and why ? For now I only invest in BTC and ETH but I start watching cardano and link but I'm a bit lost with all these altcoins -__-

Antdeeziak says:

your the best thanks for all your great content, helped me understand a lot

Gabbar Singh says:

Coinlist is shady as FU**!

Deryk Quah says:

Great, much appreciated

DIP IN ASIA says:

Ok this is good contents.

Xerainer says:

5:44 would now be almost half a million usd

Grey Buckleton says:

Can we get a video on Ravencoin. Its the next big thing….

Samuel Montonen says:

Great and informative video. Thank you!

J Carden says:

great video. coins are stocks and ICOs are IPOs. got it. Thank you!

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