What’s token?

A token is an accounting unit used to interpret a digital balance in a particular asset. Tokens are recorded in a special database using blockchain technology. The availability of tokens for pre-identified users is made possible by online applications that are based on the use of digital signature.

Tokens are represented in a digital format obligations, debt deals, business contracts, providing for the provision of any real assets, services, and products, goods.

The following types of tokens can be distinguished, which are created and exist in digital format:

• Equity Tokens
  Equity tokens are a subcategory of security tokens that represent ownership of an asset, such as debt or company stock. By employing blockchain technology and smart contracts, a startup could forgo a traditional initial public offering (IPO) and instead issue shares and voting rights over the blockchain.
• Utility Tokens
  Utility tokens, often called app coins or user tokens, provide users with future access to a product or service. Through utility token ICOs, startups can raise capital to fund the development of their blockchain projects, and users can purchase future access to that service, sometimes at a discount off the finished product sticker price.
• Asset-backet Tokens
  It allows to take into account in digital format the specifically designated obligations of the identified entities related to the actual existing services and goods.

ICOs are sometimes called "token sales" and can be explained as a symbol of ownership interest in an enterprise—a digital stock certificate.

Pre-ICO is a pre-sale of tokens that allows entrepreneurs to raise funds before the official ICO campaign. As a rule, during the pre-ICO tokens are sold at a reduced cost.

Pre-ICO is not only an opportunity to earn easy money. It is also a great way to practice in this field. The Pre-ICO process brings a lot of experience in case you start to be interested in the market, contact with many investors, listen to the opinions of other users, their comments and wishes.

ICO Regulation

The issue of ICO regulation is on the agenda of many States and is not always adjacent to the issue of cryptocurrency regulation. For example, in the US, in some States, cryptocurrencies have a semi-legal status, but the output of companies on the ICO is under strict control.

Many States have announced their position on the ICO. Some informally elaborated view of the token-ICO as a particular asset.

The regulation of ICO has become one of the priority issues in the field of cryptocurrencies for the USA, Canada, Australia, France, Switzerland, Japan, Singapore, Estonia and Belarus. Here, the ICO process is fully regulated, subordinated to a specific algorithm.

One of the most common regulatory measures is to equate the ICO token with shares, and the ICO is to conduct an IPO (initial placement of shares).

This increased attention of regulators to the ICO market is dictated by three main goals:

• Protection of investors ' interests.
• Attracting foreign investors.
• Calculation of the possible creation of a "cryptocurrency" state in the future

About FORICO

FORICO is a platform which creates a unique source of information about ICO market has started to work.

You can find there all trusted information about ICO projects, agencies, events, listings, experts. All necessary info about the crypto-world in one place

ICO section creates a unique point of access to the whole ICO market with the name of the ICO, start/end date and hour, specially developed by FORICO experts and rating of the project. All the information about the ICO market is automatically aggregated to the platform. User-friendly interface helps to grasp the relevant source of information to any visitor.

Our users can see all current ICO in FORICOs listings and sort them to find new ICO or top ones.

Special filters on the left side of the page can help you to classify data by several options. For example, you can select the required data filtered by country, date, status etc.

Also, you can check the list of upcoming ICO and don’t miss pre ICO period.

To get more information about the ICO you are interested in, you should click on its name in the list. So, it gives you the opportunity to explore general information about the ICO and to watch short introduction video. Below the video you can see the list of experts who support this ICO. After the analysis, you will make a decision is this project reliable or not.

We have prepared some additional information on the ICO-page: whitepaper, links to the ICO’s website and social networks. On the bottom of the page we placed our rating from 1 to 5 points.

How is the FORICO rating determined?

We follow a special rating methodology. Rating is based on a combination of:

• ICO profile rating based on our own algorithm that uses many different criteria.
• Ratings of the product provided by community independent experts following our rating methodology suggestions.

In general it gives the value from 1 to 5 points, which is a great reference point for our startups and investors.

You can see the list of all experts which rated the ICO in the ICO profile. You can examine the profile of each expert in the ratings distribution by clicking on their name.
Any FORICO user with a fully updated profile (full name, photo, set profile URL, title, bio, location, and a LinkedIn link provided) can apply to become an expert. Depending on the presentation and the answers to the questions asked in the application we decide if a user can become a FORICO expert or not.

The punch line of the platform is the net of cross-links which connects every ICO with agencies, listings, funds and marketing companies. Just click on the link and you will get all the trusted information.

Experts of the community, all are veterans of ICO industry, have its eyes on the latest market news and deliver them immediately to your clients. You can always find their articles and comments on the platform. So, you can choose the best ICO to invest in.

FORICO has some interesting features:

ICO calendar provides information about upcoming ICO industry events. You can browse information about an event. Its start/end date, rating and country. Also, there is an opportunity to add your own event in our calendar.

If you want promote your event of have got your own start-up you should see our lists of media and agencies. The section with media companies contains information about leading media in ICO industry. Filters by rating, advertising and publication cost, publication reach and monthly visitors will help you to do right choice. The major purpose the list of agencies is to connect you with professional PR and marketing companies to get most progress of you business.

ICO reviews – section with the views of our experts on the market. It contains articles with description of new and current ICOs, advises of the experts of the community how to choose right ICO for investing to get profit.

We continue to expand and we are looking forward new promising contacts and partners to get our platform better than now.

Our main goal to be an entire point of entrance to the all ICO industry