When I launched this service last year, I planned on having a mix of exchange-traded coin and ICO recommendations.
Since then, however, the ICO landscape has changed… dramatically.
The recent market pullback has cooled enthusiasm, but that’s not the primary problem.
The bigger culprit is the fact that a large number of ICOs have recently decided to exclude U.S. investors (or only accept big $1 million-plus investments from private parties).
For example, on ICOdrops.com (an ICO research site), this is what a typical ICO profile looks like today:
As you can see, residents of the U.S. and China are excluded from participating in this deal (and many others).
With the SEC and Commodity Futures Trading Commission both keeping a careful eye on the ICO market, many crypto projects have decided it’s simply not worth the legal risk to allow U.S. residents to partake in their ICOs.
And because there is a large amount of capital available from accredited investors (who have a legal exemption from many securities regulations), many new crypto projects choose to only allow these “sophisticated” and high net worth investors to participate.
This is foolish and short-sighted. Crypto projects need as many users and supporters as possible. Like social networks, crypto thrives on network effects. In other words, the more users, developers and supporters a project has, the more likely it is to succeed.
Good News
The good news is that a new crop of ICOs are going “legit.” What I mean by that is that new legal structures are being created – as we speak – to allow these deals to take place with SEC approval.
Here’s what you need to know.
If you’re an accredited investor (which means you have a net worth of $1 million, excluding your primary residence, or a salary of $200,000), I recommend signing up for a Coinlist.co account. By doing so, you’ll get access to some of the best crypto deals on the planet.
(I know the founders of Coinlist, and it is a professional, top-notch crypto company. It’s a spinoff of AngelList, the leading startup investment platform in the U.S.)
If you’re not an accredited investor, I recommend signing up for a free account on Republic.co. Republic is also an AngelList spinoff company, but it caters to all investors (not just accredited ones).
Republic Crypto will be offering many of the same top-quality deals as Coinlist. For now, the maximum raise on most of these deals will be $1.07 million. So they will fill up fast (like the Props recommendation I made in December).
It is likely that this $1.07 million cap will be raised – perhaps to $10 million – in the near future.
For now, however, what you must understand is that the good deals will fill up EXTREMELY fast on Republic. First movers will have an advantage.
I promise to notify members right away when I spot an extraordinary opportunity, but you will need to take the initiative and move quickly if you want to get in.
Both Coinlist and Republic Crypto offer only top-quality deals that are well-vetted by some of the best crypto investors in the world (such as Naval Ravikant, founder of AngelList and Coinlist). The volume of deals is low, for now, but should pick up over the coming months.
Republic and Coinlist are just two of the investment “portals” that are beginning to offer crypto/ICO deals. StartEngine and MicroVentures have also begun to list these offerings. We expect to see increasing volume over the coming months.
To summarize, I intend to recommend more ICOs (which everyone can invest in) this year, but it may take a few months for more deal volume to emerge.
In the meantime, I will recommend one to two excellent altcoin opportunities per month while searching for quality U.S.-friendly ICOs and the absolute best opportunities available on exchanges.
Investing in quality exchange-traded coins is how I made money in crypto to begin with. And I’m going to teach you how to achieve the same thing.
I believe this current correction gives us an excellent chance to build positions in undervalued coins.
Volatile pullbacks like the one we’re experiencing now are never fun. Periods like this will test crypto investors’ confidence. But mine hasn’t wavered.
I’m certain the bull run we saw last year was just a hint of what’s to come. There are now nearly 50 million crypto owners in the world. But despite the recent increase in adoption, it’s still a tiny fraction of the world’s investors.
Once crypto exchanges scale up to meet demand and this current pullback ends, I believe crypto markets will be off to the races once again.
If you have thoughts, ideas or suggestions to share, please send them my way. I welcome sincere feedback and constructive criticism.
Good investing,
Adam