What does it take for a cryptocurrency to get noticed in 2016? There have been thousands of cryptocurrencies since Bitcoin, so what can you bring new to the table? Well, how about some good ‘ol fashioned tokenized fiat, mixed with a decentralized exchange on the blockchain, garnished with a scalability solution that will allow significant scalability. Well, that’s HEAT in a nutshell.

The ICO is currently ongoing. You can buy some HEAT tokens here before launch. I cannot comment on how successful the project will be, but the Finnish project looks quite promising, and definitely seems to have a better thought-out product than most of the pumps-and-dumps infecting this space.

Oh, and did I mention the 32 page whitepaper is also out (surprisingly, they released the whitepaper while the ICO was ongoing instead of before. That may have made some people gloss over this one). You can read it here.

The Bitcointalk thread is not too exciting in terms of numbers. Much less discussion than Lisk and Waves, but the discussion quality is much higher. No whiny “when is the price going to rise? this is a scam” type of post from ignorant newbies. They didn’t do a signature spamming campaign, which gets an A+ from this Crypto Captain for not spamming Bitcointalk.

All in all, promising ICO for sure. Raised a fair amount of money, but nowhere close to Waves for example. It remains to be seen how successful this will be in the marketplace.