Every day dozens of new tokens are announced. We go through them all to find the cream of the crop – giving you the scoop on top ICOs before anyone else.

After analyzing 41 token announcements, we’re picking DarcMatter as our ICO of the day for its stellar team and pre-existing platform on which it can build on.

Premise

DarcMatter is an existing platform for accredited investors to invest in alternative investments. Whereas normal investors can only invest in stocks, bonds, and other investments open to ordinary retail investors, accredited investors have a much greater variety of options, such as hedge funds, private equity, commodities, and derivative contracts. This is an extremely large market, measured in the trillions of dollars, and DarcMatter brings these investment options into one transparent platform that connects investors and these investment options.

This existing platform is already a successful business, but DarcMatter is now planning to use blockchain technology to improve it further. Using the NEM blockchain, they plan to digitize many of the currently manual processes involved in getting information about funds and investing in them, in the process improving transparency and efficiency.

Team

DarcMatter’s team is stellar. Their CEO is a former investment banker with a financial engineering degree who founded the DarcMatter platform. Their advisor includes the co-founder of OKCoin.

Token

The DarcMatter coin will be used to pay for blockchain transactions in the DM ecosystem such as unlocking and executing smart contracts.

DMC’s ICO will consist of 50% of the tokens. There will be a total of $35 million raised, with $10 million allocated to the private presale, $20 million allocated to the public presale, and $5 million allocated to the public crowdsale. This is a relatively low market cap, which we like to see.

Summary

DarcMatter is an ICO trying to disruptive a large incumbent industry, which is nothing new, except this ICO has a decent chance at succeeding. Its CEO helped negotiate some of the key regulations such as the JOBS act which underpins today’s alternative investment industry. Unlike other ICOs, we see very little regulatory risk with this one.

There are risks. Incumbent industries have vested interests in the status quo. However the market is large enough(trillions of dollars) that even a mild disruption could result in huge benefits. DarcMatter’s strong team, value proposition and low market cap, which allows for good returns, are why we choose it as our ICO of the day.

Bitcointalk | Whitepaper | Website | Twitter | Telegram

Honorable Mentions

ORS – Bringing AI to the Blockchain

Bitcointalk | Whitepaper | Website | Twitter | Telegram

InsChain – Insurance Platform

Bitcointalk | Whitepaper | Website | Twitter | Telegram

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