What Is an ICO in Cryptocurrency?

ICO is short for Initial Coin Offering. When launching a new cryptocurrency or crypto-token, the developers offer investors a limited number of units in exchange for other major crypto coins such as Bitcoin or Ethereum.

ICOs are amazing tools for quickly raining development funds to support new cryptocurrencies. The tokens offered during an ICO can be sold and traded on cryptocurrency exchanges, assuming there is sufficient demand for them.

The Ethereum ICO is one of the most notable successes and the popularity of Initial Coin Offerings is growing as we speak.

A brief history of ICOs

Ripple is likely the first cryptocurrency distributed via an ICO. At the start of 2013, Ripple Labs began to develop the Ripple payment system and generated approximately 100 billion XRP tokens. These were sold through an ICO to fund Ripple’s platform development.

Mastercoin is another cryptocurrency that has sold a few million tokens for Bitcoin during an ICO, also in 2013. Mastercoin aimed to tokenize Bitcoin transactions and execute smart contracts by creating a new layer on top of the existing Bitcoin code.

Of course, there are other cryptocurrencies that have been successfully funded through ICOs. Back in 2016, Lisk gathered approximately $5 million during their Initial Coin Offering.

Nevertheless, Ethereum’s ICO that took place in 2014 is probably the most prominent one so far. During their ICO, the Ethereum Foundation sold ETH for 0.0005 Bitcoin each, raising almost $20 million. With Ethereum harnessing the power of smart contracts, it paved the way for the next generation of Initial Coin Offerings.

Ethereum’s ICO, a recipe for success

Ethereum’s smart contracts system has implemented the ERC20 protocol standard that sets the core rules for creating other compliant tokens which can be transacted on Ethereum’s blockchain. This allowed others to create their own tokens, compliant with the ERC20 standard that can be traded for ETH directly on Ethereum’s network.

The DAO is a notable example of successfully using Ethereum’s smart contracts. The investment company raised $100 million worth of ETH and the investors received in exchange DAO tokens allowing them to participate in the governance of the platform. Sadly, the DAO failed after it was hacked.

Ethereum’s ICO and their ERC20 protocol have outlined the latest generation of crowdfunding blockchain-based projects via Initial Coin Offerings.

It also made it very easy to invest in other ERC20 tokens. You simply transfer ETH, paste the contract in your wallet and the new tokens will show up in your account so you can use them however you please.

Obviously, not all cryptocurrencies have ERC20 tokens living on Ethereum ‘s network but pretty much any new blockchain-based project can launch an Initial Coin Offering.

The legal state of ICOs

When it comes to the legality of ICOs, it’s a bit of a jungle out there. In theory, tokens are sold as digital goods, not financial assets. Most jurisdictions haven’t regulated ICOs yet so assuming the founders have a seasoned lawyer on their team, the whole process should be paperless.

Even so, some jurisdictions have become aware of ICOs and are already working on regulating them in a similar manner to sales of shares and securities.

Back in December 2017, the U.S. Securities And Exchange Commission (SEC) classified ICO tokens as securities. In other words, the SEC was preparing to halt ICOs they consider to be misleading investors.

There are some cases in which the token is just a utility token. This means the owner can simply use it to access a certain network or protocol in which case they may not be defined as a financial security. Nevertheless, equity tokens whose purpose is to appreciate in value are quite close to the concept of security. Truth be told, most token purchases are made specifically for investment purposes.

Despite the efforts of regulators, ICOs are still lingering in a grey legal area and until a clearer set of regulations is imposed entrepreneurs will attempt to benefit from Initial Coin Offerings.

It’s also worth mentioning that once regulations reach a final form, the cost and effort required to comply could make ICOs less attractive compared to conventional funding options.

Final words

For now, ICOs remain an amazing way to fund new crypto-related projects and there have been multiple successful ones with more to come.

However, keep in mind everyone is launching ICOs nowadays and many of these projects are scams or lack the solid foundation they need to thrive and make it worth the investment. For this reason, you should definitely do thorough research and investigate the team and background of whatever crypto project you might want to invest in. There are multiple websites out there that list ICOs, we recommend checking this ICO calendar if you’re interested to invest in a crypto project.

Self Growth Techniques for Personal Success

What is self growth? It is about shaping yourself to become a better person with solid values, ethics and a well balanced approach to life. It is the process of working on your areas of improvement and turning them into areas of strength and opportunities. Just how can you do that? Here are five simple techniques for starters:

1. Learn from others. Start with your immediate family and closest friends. What are some of their traits that you admire? What have they accomplished that makes you want to be like them? Talk to them and ask them what they did to achieve self growth that led to their professional and personal success. Then check out famous people whose work you admire and read articles on how they got to the top of their profession. Learn as much as you can about their individual techniques and see which ones you can adopt for yourself.

2. Observe admirable people. Look at how they conduct themselves, from the way they walk, talk, sit and generally behave in public. Such refinement can only be a product of effective self growth techniques, which include polishing one’s looks, movements and skill sets to complete the overall package of the person. Look at how they treat others and are treated in turn. You can take a page out of their demeanor to propel yourself towards personal success and professional recognition. This isn’t to say you should mimic their every move; just derive the best practices possible from them that you can employ for your own good.

3. Assess your own attitude. How have you been behaving by your lonesome? Are you a person of integrity – always doing the right thing even when no one is looking? How are you with other people around? Do you exercise kindness and consideration for others, or are you being fueled by your own selfish needs for personal success? Bear in mind that in order to succeed at self growth, you must possess a mature disposition and a kind heart. Aim to be a caring and morally upright person no matter where you go. The universe has a way of rewarding people who treat others well and punishing those who won’t hesitate to trample on the feelings and rights of others.

4. Envision the kind of person you would like to be one day. This is a great self growth exercise that can provide you inspiration on your journey to professional and personal success. Paint a picture of the Ideal You – the kind of individual you wish to become in the future. How do you see yourself in that image? Do you see a nation-building politician, the next Mother Teresa, or the next Steve Jobs? Use your imagination as your mood board to guide you as you work on your greatest ambition.

5. Get rid of vices that may be harmful to your self growth. Are you quick to turn to painkillers when you feel the slightest muscle twitch? Do you tend to gorge on sugary snacks and drinks to keep your energy levels up as you slave over a very important project? Remove all self destructive habits from your system and start living clean! You won’t be able to enjoy personal success if your health takes a nosedive and renders you bedridden most of the time. So go have that physical check up and get tips from your physician and nutritionist on how to live a healthier and more wholesome lifestyle.

Best Sports Bra for DD Review

Sports bras are the most troublesome bra types to get right in the world. There is always a lot of confusion while purchasing them. It tends to be strenuous to get the right size, shape and the one with enough compression. The main work of a Sports Bra is to avoid bouncing and provide satisfactory comfort during sports activities. Purchasing bras for women with big bosoms can be a hustle as well as for those with tiny chests. You need to know the cup size, and the compression demanded. Thanks to Amazon for making it easier and offering free returns on bras. The best sports bra for DD have, and different features such that some may be appealing, straps that can be adjusted, and other may have zippers. There are different types of sports bra based on size and shape: Wonder wire Sports Bra, Bounce Control sports bra and Removable Padded Sports Bras. Each sports bra type has their features fit for individual exercise. It’s therefore essential, as a buyer, to carefully assess and decide which one is fit and comfortable. Also check for features such as underwire, two layers and one with good compression material.

Wonderwire Sports Bra
Based on the review of the best sports bra, there is no significant difference between the three types of sports bra mentioned above. However, there are some features to be considered. The Wonderwire sports bra is the most preferred sports bra due to its excellent quality and has that sport like a look. It is very comfortable especially for jogging and jumping exercises since they contain seamless external cups made of a material that does not stretch.

Pros for this bra
1. Has snaps behind that lay flat without poking at you.
2. Has shoulder straps which are very relaxed and comfortable.
3. It fits very well especially to those with big breast size since the behind coverage is extensive.
4. It has an underwire which makes it the best sports bra.

Cons
1. The cups do not have right shapes and are huge for C cup size. They tend to leave some forms at the top.
2. The bra does not offer good support due to the thin cloth used to design the cups.

Removable Padded Sports Bras
It is a decent bra. Its quality is great It has a smaller fitting thus people with tiny Busts prefer to use. It is feels soft and comfortable. It offers perfect support, and the pads prevent the nipples from poking.

Below are pros for this bra,
1. This bra has cute padded cups that does not move thus providing good support while doing yoga.
2. The pads can be removed making it easier to wash and dry it.
3. It fits very well, and the straps are very comfortable.

Cons
1. It contains some chemical which produces a bad smell which only comes out after washing it many times.
2. It also gets tiny and tight so fast, and you cannot adjust the straps. Henceforth, making it uncomfortable for sports.

Bounce Control Support Sports Bra
It is so wearing to get a wireless bra with the exact fittings, but the good news is that bounce Control Support is a great sports bra which gives impressive and unlimited support to high-impact exercises.it is made of high and premium quality material, and it provides excellent and comprehensive coverage. The fitting is proper, and it comes in huge-friendly sizes is bra is very cool and lightweight and is recommendable for swimming sports. Besides it being worn for games and can also wear for own comfort with t-shirts.

Pros for this bra
1. Apart from supporting high-impact activities, it also offers excellent support more massive bust for low to moderate impact exercises like such as yoga and Jogging.
2. It has some openings on the sides of the bra which facilitates proper breathing.
3. It consists of three regular bra clasps, and it can give any room required and does not rub on the skin the way other regular bras do.
4. It is extremely comfortable.

Cons:
1. This bra is not suitable for running and plyometric exercises since it is flimsy and does not offer good support especially for those with little busts.
2. A thin net-like material is used to make the sides and back which makes it difficult to provide support for impacts for women with big cup sizes.