You probably have been reading about it in a lot of news websites, or seen the ads (like me). Iconomi, a platform that plan to be dedicated to investing with cryptocurrencies was doing an ICO to get funding. ICO stands for “Initial Coin Offering” is basically like issuing a stock, except that it’s not listed officially on the stock market but will be traded freely on cryptocurrencies exchanges. What is impressive is the hype around their idea of being the “Uber” of investing/finance.
Bitcoin is evolving at a fast pace, more and more services are growing and some of them are aimed at growing your crypto wealth. Lately I’ve found about those kind of « Bitcoin banks » that are paying you interests just to hold a positive balance with them. Instantly, the experienced investor see some advantages such as a totally passive income opportunity while being still « legit » (yes, no shady Pyramid Scheme promising you 3000 %/year), and some risks such as the possibility of the service to go down and disappear or to try to steal your precious digital money. That’s why I’ve been extensively searching about it and can list two of those services here.