<p>I know at least two such ICO's <a href="http://ecobit.io" rel="nofollow noreferrer">EcoBit</a>, which claims to be the <strong>"WORLD'S FIRST-EVER GREEN BLOCKCHAIN PROJECT"</strong>. </p>

<p>One thing that I like about the project is they have actually started physical work and have posted videos of their progress on their Facebook page (do check them out).</p>

<p>Another one that I know so far is <a href="http://mona.co" rel="nofollow noreferrer">mona.co</a>,</p>

<blockquote>
  <p>Introducing Monaco - world's best cryptocurrency card. Spend and send
  money globally at perfect interbank exchange rates, saving EUR30-40 on
  every EUR500 equivalent spent.</p>
</blockquote>

CC BY-SA 3.0
2017-07-03T22:49:37.787Z
2017-07-03T22:49:37.787Z
Sufiyan Ghori
<p>I'm doing some research on ICO's and wanted to see if there has been any ICO's that is backed by a physical product provided by a company? Aside from just funding the coin's development, the coin can function as an in store credit system? Which company or coins had this implemented?</p>

CC BY-SA 3.0
2017-05-30T21:09:35.083Z
I don't think "posting on stackexchange" quite counts as "doing some research". (at least, not serious research)
abelenky
<ico-initial-coin-offering>
Have there been any ICO (Initial Coin Offerings) that has been backed by redemption of a physical product?
Patoshi パトシ
# Have there been any ICO (Initial Coin Offerings) that has been backed by redemption of a physical product?

(Asked by: username_0 on 2017-05-30)

I'm doing some research on ICO's and wanted to see if there has been any ICO's that is backed by a physical product provided by a company? Aside from just funding the coin's development, the coin can function as an in store credit system? Which company or coins had this implemented?

**Tags:** ico-initial-coin-offering

> **Comments:**
> **username_1**: I don't think "posting on stackexchange" quite counts as "doing some research". (at least, not serious research)  

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## 1 answers

### Answer by username_2 on 2017-07-03. Score: 0 | Accepted answer

I know at least two such ICO's [EcoBit](http://ecobit.io), which claims to be the **"WORLD'S FIRST-EVER GREEN BLOCKCHAIN PROJECT"**.

One thing that I like about the project is they have actually started physical work and have posted videos of their progress on their Facebook page (do check them out).

Another one that I know so far is [mona.co](http://mona.co),

> Introducing Monaco - world's best cryptocurrency card. Spend and send
> money globally at perfect interbank exchange rates, saving EUR30-40 on
> every EUR500 equivalent spent.


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