Don't Miss Out On the Next Big ICO: Invest in Ethereum Private

Investing in Initial Coin Offerings (ICOs) can be a lucrative undertaking since you get the asset well ahead of the market. On the other hand, investing in an ICO can have disastrous results. If there are developmental challenges or reasons for a loss of market faith, the value of the coin drops. How then can you make sure an ICO is worth your investment? 

There are lots of moving parts to consider before investing in a new cryptocurrency. These include public confidence in the coin and its long term functionality. An ICO that ticks all these boxes in most cases is a worthy investment.

So, is investing in Ethereum Private worth it? Let’s see if it ticks the right boxes.

Ethereum Private ICO: Why You Should Not Miss Out

• Ethereum Private is an offshoot on the wildly popular Ethereum blockchain. The price of Ethereum recently hit the $500 price mark and it doesn’t look like it’s going to slow down. Since Ethereum Private ICO is a derivative of Ethereum, it should enjoy the same success, right? Everything points to the coin gaining value in the market owing to the following factors. 

• Smart Contracts: Ethereum Private offers the same smart contracts as the parent coin. Smart contracts allow for digital verification, negotiation, and performance of a contract without the involvement of a third party. Countries are already adopting smart contracts with Dubai announcing that all government documents will be secured with blockchain technology. It appears that Ethereum Private will be facilitating quite many smart contracts in a few years to come, thereby future-proofing itself.

 

• Transparency: The team behind the development of a cryptocurrency can make or break the coin’s value. If the developers are easily accessible and easy to talk to, that’s a team you can trust. Coins released by developers who are notoriously difficult to reach or completely invisible are often a scam. The developers behind Ethereum Private are easy to reach. They are active on social media channels such as Twitter, Instagram, and Telegram. They share news and developments with the blockchain community regularly and answer questions.

• Solid website: Another indicator of a good ICO is its website. A well-designed website, just like a well-groomed hotel lobby tells you that the developers have put effort into marketing their coin. They have taken time to attract investors. You can be sure that you are not the only person investing in the ICO. Looking at Ethereum Private’s website, you can immediately tell that a lot of work went into its design and functionality. The interface is modern, with an intuitive scroll navigation. The coin is well documented throughout the website, and they have done exceedingly well to flesh out their web copy to attract new investors.

 

• Mining: If mining is predominantly pushed by the developers of the coin, it is an indicator that the coin offers little in the way of functionality. The developers did not pack any other feature into the coin, and therefore, the coin will not be attractive to investors. Ethereum Private offers a whole slew of functionality, including the smart contracts discussed earlier. The developers are not keen on getting investors to mine the coin, and in fact, they are offering air drops to new members to their network. 

In summation, Ethereum Private ticks all the right boxes. It is a solid investment opportunity with the potential of breaking into the top tier of cryptocurrencies.

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