With almost every sector being touched by initial coin offerings, the electronics industry is no exception. Despite the fact there are fewer electronics ICOs available in comparison to hot hitters like cryptocurrency, financial investments, and casino gambling, the electronics ICO offerings have something unique to give to benefactors. As the technology industry continues to increase, so too do projects that look to make our current technology more efficient. This has given a rise to electronic projects like artificial intelligence drone economies, digital collectibles, the decentralization of intellectual property, and even insurance networks that cut costs for safe drivers. Even “smaller time” projects are jumping into the mix, with electronics ICOs focusing on creating unified ecosystems for luxury watches, and even goods and service marketplaces. Current blockchain technology is set to revolutionize the consumer electronics market by making it more transparent, honest, and safe.
With blockchain technology, consumers will be able to enjoy digital ownership of electronics by combating counterfeiting, choosing responsible consumption, and having access to tamper-proof product history when it comes to a product’s maintenance, handling, and manufacturing processes. In addition to this, the blockchain allows electronics ICOs to use its ability to track complex supply chains, bringing product authenticity, higher ethical standards, and active consumer participation to the consumer electronics industry. An example of this would be the fact that consumers would be able to verify and validate the value of the products they are purchasing due to transparent business practices.
Although projects related to ICO electronics are fewer than other industries, the intersection between blockchain technology and consumer electronics has the possibility to open up huge business possibilities from manufacturer to buyer. To see more about the currently available pre-ICO and active electronics ICO projects, check out our complete list. Available information includes the project name, project mission, team portfolio, project website, token name, token value, token platform, and current milestones achieved.