What to Expect From Blockchain and ICO in 2019? (Expert Predictions)

in #blockchain20196 years ago (edited)

The blockchain and crypto industry has evolved must faster than anyone would have imagined at the time of its origin back in 2009. 

With ICOs providing an easy and secure way of raising funds for blockchain projects, many startups and existing companies are exploring their options in this field. 

Even many big organizations like American Express, Oracle, Tencent Holdings, Alibaba, Metlife, etc, are not far behind in the race of developing blockchain-based solutions.

As the year 2018 has ended with much lower investment in cryptocurrencies blockchain-based projects, a common question that everyone seems to be asking is - what the future holds for blockchain and crypto industry. Let’s find out what the experts have to say about it.

According to Tim Draper, American Venture Capitalist, “Bitcoin will hit 250k by 2022.” This is a quite interesting prediction seeing that Bitcoin had already reached an all-time high of $20k in December last year and then dropped to its lowest value relative to 2018. 

Ella Zhang, Head of Binance Labs, seems quite certain that the industry will continue to grow, and we will see the launch of many great blockchain projects and products in 2019. 

This is in line with the prediction made by Mitch Liu, Theta Labs CEO, who thinks that in this year we might witness the launch of the first government-backed cryptocurrency which will be launched by one of the G-20 nations. 

Ajit Prabhu, innovation leader at Deloitte Consulting, expects that one of the near-term trends there will not be major uptick in adoption but rather a groundswell of enterprise interest in identifying tangible, productive use cases for blockchain.

 “There are several problems which are suited to be addressed by other technologies rather than the blockchain itself such as robotics or cognitive and Artificial Intelligence”.

 The key success for the industry is to identify powerful solutions that combines the benefits of these technologies and together merge them into a powerful ecosystem or platform.” Andre Lanzoni 

(DCI Ecosystem CEO) says.

Overall, the future of blockchain and digital assets seems only bright in 2019 and the coming years. Another major change that we may expect to see is more blockchain projects following the ITO route instead of traditional ICO way with both utility and security tokens. Wondering why?

ITO (Initial Token Offering)

ITO, or Initial Token Offering, is a new kind of fundraising method which is now effectively replacing the ICO. The basic difference between an ICO and an ITO is in terms of the item being traded. Whereas an ICO deals in coins, an ITO is a process of fundraising through tokens.

Tokens have far more applications than a coin, whose sole purpose is to be used for digital monetary transactions. Tokens can be used as security, for the exchange of utility and several other purposes.

Moreover, ITOs are known to be more secure because they are still immune to spam activities, unlike ICOs which have been completely corrupted by fraud projects. This is why most of the new projects are choosing ITO for their token sale.

DCI is one of the most promising ITO projects of 2019. It provides a complete digital investment solution to potential investors and companies. 

It will connect potential investors and new projects (startups) on a common, decentralized platform for fair and transparent dealing. 

DCI lets you manage your entire investment portfolio in one place. With its advanced features and functionalities like Stellar blockchain based security and transparency, DLT (Distributed Ledger Technology) and AI-powered management, users get the perfect way to build, manage and expand their investment portfolios.