Cryptocurrency and ICO market


Cryptocurrency could best be explained as a parallel to the game of PUBG as both of them has epitomized controversy and sparked debates around their acceptability as a format. As PUBG comes with a string of statutory warning on its possible predicament on different psychological aspects which could plague the mind of an adolescent child, the same appears to be true for Cryptocurrency as well. The only significant difference is the warning that circles around cryptocurrency, which seems more potent as it comes from eminent economist and reputed financial audit and research firms across the globe. But the popularity of both goes unabated with more and more users pouring in.

Cryptocurrency has now become a global phenomenon with Google having a contingent of more than a thousand dedicated pages designed to cater to the curiosity of the common man about it. The institution of cryptocurrency still stands inundated in the thick layers of myth around it. Consequently, it looks so opaque that most of the people who are contemplating on it, find themselves in a state of utter dichotomy and cannot really conclude whether it appears good, bad or ugly.

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What is a cryptocurrency?

Cryptocurrency refers to the digital currency encrypted with cryptographic protocols that help users do the transaction at their convenience without any possibility of being tracked at any point along its digital route. In a bid to redefine ease of making payments online, cryptocurrency has made digital transactions simpler for both the private sector and the common public. The most important attribute of cryptocurrency is that it cannot be brought into the ambit of regulatory control of any central agency or financial body which works under the guideline of any nation or united unions. Being very liberal in spirit and democratic in concept, it has now got immune to traditional controls and interventions made by several legal and financial bodies. That is where we need to draw the line of caution followed by taking a stance, which is balanced and reflective on the possible prejudice that it can invite to mankind. There is a score of incidents reported by security agencies and financial watchdogs where cryptocurrency has been misused to make illegitimate monetary transfers to radical groups and extremist outfits all across the globe. The use of cryptocurrency has garnered traction among the drug peddlers, unscrupulous people involved in human trafficking and arms dealers who remain invisible in the real world and usher in a pseudonymous transaction that cannot ever be tracked and breached into.

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The future of Fintech?

If we can put aside the mist of the apprehension of misuse, nobody can turn a blind eye to the enormous possibility it could unfold in shaping the future of Fintech more in terms of how it can drive the world economy towards inclusive prosperity and well being for all. Anyone can log into to keep themselves well abreast of latest updates and developments along with interactive charts and graphs showing markets trends in the world of cryptocurrency

There is a variety of cryptocurrencies available in the niche economy ecosystem that it carved out for itself over time. The most important breed of cryptocurrency is Bitcoin, which is believed to have served a digital gold standard in the whole cryptocurrency industry. Only within a span of seven years, the valuation of Bitcoin has reached 650 dollars from zero, and its transaction frequency has brewed up to 0.2 million units per day which truly shows the immense possibilities that the destiny has in store for it. Apart from Bitcoin, there are so many other currencies as well which are also gaining prominence. Ethereum, Ripple, Litecoin are some of those species which are also gaining popularity over time.

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What is ICO?

In the context of the resurgence of new currencies, the circle of discussion cannot complete without the mention of ICO which stands for Initial Coin Offering. What IPO means for a mainstream investment world, ICO holds the same relevance in the realms of cryptocurrency. ICO serves the purpose of the fund-raiser. When an entity looks forward to creating a coin, app or service, it does it with the launch of ICO. ICO has come into the limelight and occupied news headlines as more and more investors are joining in with an expectation to make quick money. Some very successful ICOs over the period has given the investors reasons to bank upon it, but there is an opposite side of the coin as well which is not very glittery and flamboyant. There are instances where all the investment has gone down into the drain. Being an unregulated proposition, it always runs the risk of being exploited.

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Therefore, we all need to draw a forbidden line of caution around it which will put a restraint on how we use the technology and what for. If we let the conscience take over and decide the course of our action, cryptocurrency will eventually unleash its true potential where everyone across the tiers and pedals of the society will be empowered to wake up to a dawn of new financial resurrection.

8 Biggest Fintech Incubators in the USA


Nowadays the rapid growth and development of the Fintech startups are widely observed. Over a couple of years, this digitized financial services industry replenished the system of incubators and accelerators.

In this article we will:

  • explain the meaning, difference, and role of fintech incubators and accelerators;
  • compare the worldwide fintech programs;
  • list the tips on how to apply for accelerators.

Let’s get started.

What is a Fintech Incubator?

Summarizing numerous explanations, the incubator can be defined as:

  • an organization that supplies a customer with certain opportunities and contributes to their autonomy;
  • location where all newly founded firms are. It equips them with the necessary outfit and aims to make such business
  • prosperous and profitable;
  • administrative and technical services;
  • business planning and consulting of future companies and start-up entrepreneurs;
  • the dynamic process of the entrepreneurship development.

Incubator vs. Accelerator

Fintech Accelerators speed up the development of the company, while incubators produce crucial ideas to build the business.

As we can see accelerators deal with the big enterprises while incubators work with innovations.

Even though both programmes saw the world in Silicon Valley, now they are well-spread around the globe.

How Does an Accelerator Work?

The first difference is the structure of the program. The accelerator has a certain established period during which a group of people works to build a strong business and avoid possible risks.

Both programs are very choosy. Accelerators support the tendency to start with the process of applying. The most popular accelerators pick only 10 companies from the 1000 possible candidates.

As a rule, beginners get small investment and access to the mentorship programs in turn for the little fund. The mentorship consists of the founders of the leading companies, advisers, and experts.

So, accelerators aim to shorten the period of development from two years to a couple of months.

Top Fintech Incubators and Accelerators

We’ve prepared the list of the top Fintech incubators and accelerators in the USA.

Top Fintech Incubators and Accelerators in the USA.


500 Startups

One of the most popular accelerators in the Bay Area. During 4 months you get free access to mentorship, sessions, and meetups where you will cooperate with experts and founders from different countries. 500 Startups invests $150K in turn for the 6% in equity.


Annually this accelerator accepts 300 companies to give them three-month mentorship. Its investments count to $120. TechStars gives access to its network for life.

Y Combinator

This is the winning variant of accelerator who wants to run the company of the web apps. It offers a three-month camp in Silicon Valley where all participants present their projects, listen to mentors and advisers.

Ynext incubator

All participants who dare to develop their fintech products get access to Yodlee Interactive APIs, mentorship, consulting, and another type of support.


This is an accelerator for women-led startups. It supports them with online coaching and programs for women in business. As a participant, you have to be in Colorado for 12 weeks and take part in meetings. Then the program can be completed online.

Make in LA

This is an accelerator program that supports hardware startups. It invites to the four-month session that teaches how to build the winning startup and attract investors. Moreover, Make in LA allows online cooperation with the leaders and mentors around the clock.



It has headquarters in Boston, Israel, Mexico, Switzerland, Texas, and the UK. Masschallenge improves the innovative global system of startups in different branches for zero equity.

Capital Factory

Its competitive advantage is the possibility to work with mentors and investors all life. They become famous thanks to their up to date coworkers, hosting, and free access to materials.

The Bottom Line

So, be brave and try your luck. All that you need is to pick appropriate accelerator, get ready to present your business, work hard, and bring your idea to life. Today you have a wide choice of the programs that are ready to invest in you.

After 65 Years of Evolution, What’s the Future of Fintech?

When asked about fintech, members of the public often think of payment solutions such as contactless card payments (an industry which is now worth more than $5 billion monthly in the UK alone).

These services are the product of over 65 years of continued technological development and, over this time, fintech has completely revolutionized financial services, from ATMs to trading apps. In this post, we’ll review the ways that fintech has changed the financial markets and offer some thoughts on fintech’s future.

Fintech’s Evolution: A Timeline

One of the first major fintech breakthroughs was credit cards, which were introduced to the mass market in the 1950s. As well as offering convenient lines of credit, these cards made people far less reliant on cash.

Following this, in the 1960s, we saw ATMs first appear on the high street. Bank customers gained time as they didn’t have to queue at their branches for everyday banking activities, such as checking their balance or withdrawing cash. However, the rollout of ATMs was slow and in some countries such as Ireland, ATMs were not installed until the 1980s.

Fast forward to the 1970s and electronic stock trading began on trading floors. This sped up transactions, as trades could be executed at the touch of a button. However, it would still be another 40 years until online trading platforms such as MetaTrader 4 were created, which would mean that trades can now be completed on almost any device. Platforms such as IG even offer multiple options from web-based solutions to mobile and tablet trading apps.

In the 1980s, banks first embraced mainframe computers, which allowed them to improve their record-keeping systems and use more sophisticated data sets within their technology, helping to improve the products and services they could offer.

Finally, the rise of the internet in the 1990s and 2000s allowed e-commerce businesses to flourish, creating an entirely new forum for financial transactions. In 2017, global e-commerce sales reached $2.3 trillion, with 1.66 billion people worldwide buying goods online.

Fintech now and in the future

These technological improvements have created a new financial infrastructure. As well as creating customer-facing solutions, providers have also underpinned this with risk management technology, trade processing software and data analysis tools.

The future of fintech appears to be a continued digitization of products, including digital wallets such as eWallet, payment apps like LevelUp and robo-advisors for wealth management like Betterment.

With many fintech start-ups now exploring larger-scale funding strategies, many experts are wondering how much these companies can disrupt the current financial ecosystem and replace traditional banking.

Until now, retail banking has continued as normal, with fintech provisions complementing traditional banking services. However, many fintech companies are gaining more customers and try to compete with institutional banks. With some banks now beginning to close branches, retreat from the high street and invest in their own fintech solutions, such as Bank of America’s new chatbot, we have reached a stage where banks are clearly concerned by the fintech revolution.

However, overall, it does still appear likely that banks will not disappear completely due to the public’s reliance on them for services such as payslip payments, with the banking industry in the US still worth $17.4 trillion in assets.