## This year has already seen around 35 Token Sales and if you look at the ICO tracker Calendar there are 4 new token sales starting in the first week of July.  Investments in ICO's are trendy, but it still is the wild west.  


https://myanimelist.cdn-dena.com/s/common/uploaded_files/1443077141-541c3b71fa57896daf53920be99c8129.jpeg
[Image Credit](https://myanimelist.cdn-dena.com/s/common/uploaded_files/1443077141-541c3b71fa57896daf53920be99c8129.jpeg)

##  A good friend once told me that not everybody in the Crypto Industry are crooks, but all crooks are in the Crypto industry.

## What is and ICO?)

There are a few sites where you can track the progress and the launch of new ICO's:

[ICO Tracker](https://icotracker.net/)
[ICO Countdown](https://www.icocountdown.com/)
#
I am sure there are not a lot of people on the platform that does not know what an ICO is, but here is some background from [Venturebeat](https://venturebeat.com/2017/05/14/blockchain-fundings-are-trendy-but-were-still-in-the-wild-west-days/)

>Many startups are currently testing out one of the most exciting new investment trends: blockchain-based initial coin offerings (ICOs). Still unregulated and open for anyone to invest in, not just VCs, these token crowdsales are like Kickstarter campaigns for the crypto world.

>For those unfamiliar with the idea, startups wanting to build blockchain-based apps (called ‘decentralized apps’ or dApps) can forge a new blockchain to build them on top of or can build them on established public blockchains — such as Ethereum, which is currently seeing most of these projects. These startups pull in funding by selling off tokens of their own cryptocurrency. With the rising interest in blockchain-based services, it has become trendy to invest in these ‘initial coin offerings’.

>Currently these investments are based largely on speculation and fear of missing out, so most people throwing money at these projects are taking a big risk.

## EOS Token Sale Breaks Record


![](https://steemitimages.com/DQmcJ5HpaQaXkKAyB2BPQQf2VgJqSiNiEDVeCzRDGQo1B7J/image.png)
[Image Credit](https://steemitimages.com/DQmcJ5HpaQaXkKAyB2BPQQf2VgJqSiNiEDVeCzRDGQo1B7J/image.png)

Well, I believe that everybody that followed the build-up to the EOS.io token sale, expected that something big was going to happen, and it did :)

### [$185 million in 5 days: Block.one sets new ICO record with its EOS token](https://venturebeat.com/2017/07/01/185-million-in-5-days-block-one-sets-new-ico-record-with-its-eos-token/)
Dan Larimer and the team around him really have something good going here.  I truly expect that it will be a glamorous success just like his previous platforms, which includes Steemit, for the new comers that did not know that Dan was one of the co-founders of this platform. I also believe that the way the token sale was conducted in a fair way.

### Please ensure to follow @sportspodium, who will also announce an ICO in the coming weeks .  SportsPodium is a next generation incentivised social media network focused on the sporting community around the world.  The aim is to introduce non-technical users into the world of Blockchain and Crypto Currency in an easy to use decentralized mobile application. 

# Happy Steeming!
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