|Mkt.Cap||$ 0.00000000||Volume 24H||0.00000000KEN|
|Market share||0%||Total Supply||1000 MKEN|
|Proof type||N/A||Open||$ 0.0073|
|Low||$ 0.0073||High||$ 0.0079|
If TixCoin takes off and is well used, then the value of your TixCoin should correlate with the value of the business. Due to the high number of scams associated with initial coin offerings, Wise Cryptos does not recommend investing in any ICO. There are many sources quoting anything from 80% up to 95% failure rates of Initial Coin Offerings for one reason or another. While the exact figures are difficult to accurately identify, the overall trend is worrying and investing in an ICO often feels as risky as wildly and irresponsibly gambling at a cryptocurrency casino. This is a real shame for the genuine projects with real promise and practical and useful real world application.
We have to read well what each project is dedicated to, what is its whitepaper, its qualified advisors, etc. As I said, blockchain technology has gained popularity due to the hype about cryptocurrencies which has shaken many startups to launch their own cryptocurrencies even without convincing fundamentals. This trend has emerged because new entrants have been more agile in adopting emerging technologies compared to incumbents who are hampered by legacy systems. However, this competitiveness and this advantage enjoyed by the new players may be short-lived, as no economies of scale are taken into account. In the case of an ICO, things get a little more complex.
Blockchain technology is changing the digital economy in exciting new ways. As the underlying technology behind cryptocurrencies, blockchain is allowing entrepreneurs to create new cryptocurrencies as the underlying technology for their projects. To fund those projects, developers are turning to Initial Coin Offerings. However, when you consider that most IPOs fail even though there is regulation in place, you can imagine the risk for an ICO that is highly unregulated.
No investment is without risk, but an ICO is a speculative investment at best. And with over 3,000 cryptocurrencies in existence, and more being created almost daily, there is a high probability that any give ICO will fail. However, unlike an initial public offering (or IPO), an ICO leaves an investor with no asset of tangible, or intrinsic, value.
With the proper technical set up, there’s nothing to stop an individual from creating an elaborate plan that makes it appear they have a great business idea when in reality all they are looking to do is make off with investors dollars. The primary risk of investing in an ICO is that in a traditional initial public offering, an investor receives something of tangible value (i.e. an ownership stake in the company) for their investment dollars. With an ICO, investors receive something that has no tangible value – at least not initially. An ICO investor is gambling (yes, gambling) that the currency they “own” which at the moment has no value will increase in value and allow them to make a lot of money.
The hope is that the business will thrive and the value of their new cryptocurrency will increase in value. The ICO token supply represents 60% of the total token supply, so there will be a total of 600,000,000 tokens available at the offering.
In the first place, an investor is not getting an ownership stake in the business. What they are getting is a currency that, at the moment of the ICO, has no value.
There are third party resources such as Coinschedule.com that list ICOs only after they have reviewed them and found them to be legitimate opportunities. While this does not mean that there is no risk to the ICO, it can help narrow down your list of prospective opportunities.
Get Kencoin's progress by adding it to your favourites and creating a free portfolio if you wish. List of actual ICO and pre-ICO cryptocurrency projects based on blockchain or without it. For that reason, there is a lot of projects that are starting to use this new technology.
There is a possibility of the investor recouping their investment multiple times over. However, there is also the possibility that the project – and the cryptocurrency that supports the underlying blockchain application fails. These tokens represent a piece of the underlying money supply for the technology project.
- This means that aside from the inherent risk that exists with any new business venture, the ICO market is susceptible to scams.
- In a word, Kencoin is fully anonymous cryptocurrency making adult entertainment transactions safe, secure, and completely private.
- Kencoin creators have assured partnership with physical merchants and services providers that will accept the Kencoin trough a mobile wallet.
- For that reason, there is a lot of projects that are starting to use this new technology.
Live Kencoin (KEN) prices from all markets and KEN coin market Capitalization. Stay up to date with the latest Kencoin price movements. Check our coin stats data and see when there is an opportunity to buy or sell Kencoin at best price in the market and get cheap KEN in your own wallet.
The ICO market also has few, if any, regulations. Since literally anyone with an idea and the technical know-how to create an ICO can initiate one it is up to the individual investor to perform their due diligence on every ICO. This Blockchain solution is removing all the risks of the identity of the users been leaked on the internet and in the press.
Without a regulatory authority in place, the only recourse for investors to protect themselves from a fraudulent ICO is to do meticulous research on the company. In many cases, this will involve scrutinizing the white paper (a white paper that lacks a lot of detail is a red flag), digging deeply into the team members, keyboard members or investors. In this information age, prospective employers can find out a lot about you just by running a Google search. The same is true of anyone looking for your investment dollars.
In an IPO, an investor offers shares of their company (an equity stake) in return for cash. Today Kencoin price in US dollars is currently 0.0008 USD, and if converted to Bitcoin is 0. A total of 766,000 coin's are currently circulating in the Market. Kencoin prices are currently experiencing a change of 0 %, check all cryptocurrency. Over the past 24 hours 0.000 M US dollars Kencoin has been traded on Crypto Exchanges.
The high circulation will raise the value of the currency which will make it profitable for the investor. Throughout history, startups have come up with new and innovative ways to raise funds to help launch their businesses.
Kencoin KEN Coin Values KEN
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This anonymous cryptocurrency makes adult entertainment transactions safe, secure, and completely private. Our mission is to serve as the standard currency for anonymous, safe transactions in all sex and dating-related purchases. Another risk of Initial Coin Offerings is that there are few if any, regulations on an ICO. Anybody with an idea for a cryptocurrency project can issue one.