An ICO, short for initial coin offering, is an event where a project raises capital by selling cryptocurrencies. The best ICO crypto projects come with the potential to generate sizable returns – given that individuals are able to identify the right project to invest in.
This guide explores the best crypto ICOs to consider and what risks to take into account before making an investment. We also offer a list of the best upcoming ICOs for 2023.
The 17 Best Crypto ICOs in 2023
Let us start by taking a look at the best ICOs that are to set take place this year. We’ll analyze the new crypto ICOs listed below in the next section.
- Love Hate Inu – Best ICO Crypto Project with Unique Vote-to-Earn Meme Coin
- Fight Out – Top Train to Earn Crypto ICO Offering Huge Bonuses
- Metropoly – Crypto Presale to Grab the Attention of Crypto and Non-Crypto Investors
- C+Charge – Promising ICO Pioneering the EV Charging Payments Industry
- Swords of Blood – A Low Supply P2E Game With a Strong Narrative
- RobotEra – Metaverse and P2E Project in Ongoing Presale
- Securedverse – FPS P2E Game with its ICO Currently Underway
- Tamadoge – Top New Meme Coin Project Pumping in 2023
- Battle Infinity – Exciting Gaming Platform and Metaverse Project
- Lucky Block – Market-Leading Crypto and Bitcoin Casino
- Lixiana – Decentralized Marketplace With Native Token
- VisaMetaFi – Peer-to-Peer Crypto Payment Method
- Chain of Legends – Play to Earn Game with Digital Token
- SubQuery – Blockchain Developer Toolkit for Web3
- Koakuma – MultiPlayer NFT Game
- Pixel Hub – Play to Earn Arcade Game
- Fusotao – Verification Protocol With Decentralized Infrastructure
A Closer Look at the Best ICO Crypto Projects
Before investing in a new crypto ICO, it’s vital to research the project behind the new token. To determine the top projects for our crypto ICO list, we evaluated the platform’s prospects as well as its roadmap.
In the following sections, we discuss the best ICO crypto projects that are set to launch in 2022. As such many of these altcoins are also considered to be the best future cryptos.
Finding the best crypto presale to invest in is easier said than done. Typically, investors will search for niches and gaps in the market that have huge potential. This is where Love Hate Inu comes in.
1. Love Hate Inu – Best ICO Crypto Project with Unique Vote-to-Earn Meme Coin
Love Hate Inu is an innovative meme coin Vote-to-Earn platform that rewards users when they stake and vote on meme polls.
With its first presale stage underway it’s making waves in the crypto scene as investors flock to get in at the ground level. But what exactly is Love Hate Inu and why is it proving so popular in 2023?
What is Love Hate Inu?
One of the most distinctive features of Love Hate Inu Crypto is its utility as a meme coin. This unique platform offers users a chance to engage in exciting voting polls, covering everything from politics to entertainment and social issues.
But that’s not all – Love Hate Inu encourages healthy discussions and debates to foster a lively community. And the best part? You’ll earn valuable tokens while participating!
The developers of this project understand the importance of fairness, transparency, and security in the voting process. That’s why the platform is built on blockchain technology, ensuring that every vote is accounted for and verified.
With Love Hate Inu, users can rest assured that their opinions matter and that their participation in the polls will make a difference. So join Love Hate Inu today and let your voice be heard!
What does Stake to Vote mean?
According to the Love Hate Inu whitepaper participants can stake tokens to qualify to vote in polls, then use votes to earn $LHINU.
Utilizing a Real-Time Staking mechanism for participants ensures that the voting process remains free from spam and manipulation. This is achieved by mandating users to stake their tokens for a minimum of 30 days.
In order to participate in a poll, users are required to stake their $LHINU tokens. The amount of voting power a participant holds is determined by the volume of tokens they stake, and the length of time they stake them for. Consequently, staking a larger quantity of $LHINU tokens or staking them for a longer duration results in higher voting power.
Is it worth buying Love Hate Inu?
Having launched only two weeks ago, the presale has already raised $1.5 million in stage 2. Each stage last just 7.5 days and at the time of writing tokens cost $0.00009.
However, by the eighth and final stage, LHINU will have increased 62% in price to $0.000145, making it one of the best ICOs to invest in right now.
Love Hate Inu is revolutionizing the online survey market by introducing the inaugural blockchain-based voting platform that is capable of recording indisputable results via distributed ledger technology. Fused with the influence of crypto memes and a strong community, Love Hate Inu will emerge as the sole online polling platform of significance.
. Join the Love Hate Inu Telegram group for the latest news surrounding the project and follow the link to participate in the presale today!
|Tokens available in presale||90,000,000,000|
|Tokens for Listing||10,000,000,000|
|Minimum Purchase||10 $LHINU|
|Purchase with||USDT, ETH, Bank Card|
Love Hate Inu - Next Big Meme Coin
- First Web3 Vote to Earn Platform
- Vote on Current Topics and Earn $LHINU Tokens
- Secure, Reliable and Anonymous Voting
- Rug Pull Proof - 90% of Tokens Available in Presale
- Accumulate Voting Power by Staking $LHINU Tokens
2. Fight Out – Top Train to Earn Crypto ICO Offering Huge Bonuses
Fight Out is our second choice for the best crypto ICOs as it has already raised $5.75 million in its presale and is offering huge bonuses to early investors.
The project is set to revolutionize the play-to-earn space by allowing users to earn rewards by following the train-to-earn model. Users can leverage $FGHT, the native token, to purchase the Fight Out fitness app and complete challenges, and earn rewards by working towards their fitness goals.
This ecosystem will allow users to access multiple P2E challenges, compete against other community members and engage in fantasy MMA battles. Unlike other cryptos, this is an inexpensive project to partake in.
Each member can mint their own Soulbound NFT avatars – The Avatar can grow in value through real-life training, competing in challenges, and completing workouts.
REPS, is an off-chain token and the in-app currency of Fight Out. These tokens can be earned or bought by $FGHT. One can use REPS to purchase training equipment and apparel.
Native token FGHT is destined for exchanges on April 5 after its presale ends on March 31 – investors value scarce assets, and that’s exactly what FGHT will be when listed on exchanges, with only 10% of the total token supply allocated to liquidity.
Various exchanges, including Uniswap, BKEX, LBank and BitForex, have already confirmed listings for FGHT, such is the hype around the project.
Once FGHT trades on exchanges, demand for the token is likely to soar because of the limited availability amongst the numerous investors who will receive exposure to it.
To avoid high prices, investors should buy FGHT tokens while they’re on presale – and move fast as the price increases every seven days.
Buyers an also earn up to 67% in bonus tokens depending on their investment and vesting period. For example, an investment of $500 will trigger a 10% bonus and a $50,000 purchase will return an extra 25%.
Investors can choose not to vest their tokens but will receive a further 10% for a three-month vesting period with a maximum of 42% in bonuses by locking them for 36 months.
The crypto community will scramble to buy FGHT when it hits the exchanges – but in the meantime, users can look forward to the mobile app, which rewards users for pursuing an active lifestyle.
More information about this coin’s ICO is available on the Telegram group. Investors can find out more about the project by reading the Fight Out whitepaper.
|Presale Started||December 14|
|Purchase Methods||ETH, USDT, Transak|
3. Metropoly – Crypto Presale to Grab the Attention of Crypto and Non-Crypto Investors
Real estate is one of the best hedges against inflation. But it is also one of the least accessible. An average investor can’t break into the market due to the high financial barriers. The endless hassles like paperwork, middlemen, and regulations worsen the situation.
This is where Metropoly steps in. It allows you to invest in the global real estate market for as little as $100 and has now raised more than $1 million in its presale.
Metropoly is the world’s first NFT marketplace backed 100% by real-world properties. More than one year in the making, the platform aims to revolutionize the real estate market by tokenizing real estate properties into NFTs and then making them available for retail investors as fractional NFTs.
The assets generate regular rental income and long-term value like a real-world property. And you need not worry about the paperwork, maintenance, or finding tenants. The team takes care of all of that.
To get a look of the marketplace and how it functions, check out the Metropoly Marketplace Beta.
Since there is no company that has a monopoly over online real estate investments yet, investors are piling in on the Metropoly presale. It can witness a massive price increase of up to 300% profit on launch. So grab them early to make use of the price discounts. (Use the bonus code Launch20 to get an additional 20% on your purchase.)
|Currencies supported||USDT, ETH, BNB|
|Token launch||After the presale is sold out or on April 1, 2023|
Here are more factors that strengthen the growth potential of Metropoly.
- Partnership with ChainAdoption, which has worked with Polkadot, Tron, and EOS.
- Partnership with Tenset, which incubated Metahero and Everdome Coin. Both coins have made more than 20x returns after launch.
- Certik audit, mitigating the risks of hacks.
- Strategic partnerships with more than twenty crypto influencers, including Travladd and Upnext Crypto.
More importantly, Metropoly is giving away a massive property in Dubai – a Burj Khalifa apartment worth $1m. The winner will also earn up to $100k yearly from rent.
You can earn eligibility for the draw by completing all the tasks in the contest. You must hold METRO worth at least $100 at the time of the draw.
4. C+Charge (CCHG) – Promising ICO Pioneering the EV Charging Payments Industry
C+Charge is a new-age payments app that enables mass adoption of carbon credits by rewarding EV owners for charging their vehicles.
The project has already caught user attention while raising more than $3.25 million since it launched.
However, there is limited time left before CCHG heads to exchanges, with the presale now in its final round and tokens on sale for $0.0235 – the project will have its IEO on March 31 on BitMart
One crypto whale has seen the potential of the project, making a purchase of $100,000 in CCHG tokens during stage 1.
The project has also announced that any unsold tokens will be burned after each stage – with more than 70 million so far taken out of the supply.
C+Charge has successfully identified the gaps in the EV charging payments industry and devised an effective structure to reward EV drivers with carbon credits for charging their vehicles at EV charging stations.
EV owners have the option to offset their carbon footprint by simply using the $CCHG tokens to make payments for charging their EVs and receive carbon credits in return. The users can then store the $CCHG tokens and carbon credits in their crypto wallets.
Moreover, C+Charge has built an app for EV drivers that seamlessly helps them track their carbon credit balances. Vehicle owners can also see real-time data relating to pricing, waiting times at charging stations, and so on.
The platform’s unique app also has a geolocation feature that enables EV drivers to conveniently locate the nearest charging station.
Users can also read the project’s whitepaper to get a deeper understanding of its features.
To stay updated, users can consider joining the C+Charge Telegram channel.
ETH, USDT, Transak
5. Swords of Blood – A Low Supply P2E Game With a Strong Narrative
Undoubtedly, the gaming market in the crypto space is rapidly growing. Currently, there are numerous intriguing games that leverage the potential of blockchain technology. Top developers recognize that the best approach is to merge crypto-based systems with an engaging storyline to create a captivating gaming experience.
Swords of Blood is a standout game in the crowded crypto gaming market, thanks to its captivating narrative that distinguishes it from its peers. The game takes place in the fallen world of Ezura, where players assume various roles, such as a battle mage or warrior, among other classes, and seek the best loot to embark on wonderfully crafted quests. The game has garnered significant support from major investors such as Shugo Ventures, Magnus Capital, Master Ventures, Metavest, Fundamental Labs, and Krypital Group, among other notable names.
Swords of Blood will support cross-play and be accessible on both mobile and PC platforms. It will be free-to-play, and the developers have emphasized that the primary goal is to provide an enjoyable gaming experience, with earning opportunities coming second. If you are familiar with traditional hack n’ slash games with a focus on loot, you will feel comfortable playing Swords of Blood. Players can acquire powerful weapons and armor, craft items, and forge strong weapons to create powerful characters tailored to their play style.
For players who enjoy more competitive gameplay, Swords of Blood also offers PvP. Imagine the excitement of testing the strongest character builds against other players.
SWDTKN is the token that will fuel Swords of Blood, and as expected, the project will conduct a presale with benefits for early adopters and investors, such as exclusive access to the game’s closed beta, automatic whitelisting to Swords of Blood NFT sales, phygital giveaways, and more.
6. RobotEra – Metaverse and P2E Project in Ongoing Presale
One of the hottest new ICO tokens to invest in right now is TARO – the native token of the RobotEra game. This cryptocurrency project centers around metaverse-based gaming platform similar to The Sandbox and Decentraland.
With TARO, players purchase Robots – the in-game NFT avatars that allow players access the RobotEra ecosystem – and Land NFTs.
On the TARO planet, there are 7 different continents – each containing unique attributes and characteristics.
Players can access these elements by holding Robot NFTs. The RobotEra whitepaper states that players can also submit their own artwork to be displayed within the metaverse’s museums, participate in challenges to earn rewards and build an interactive ecosystem.
The project has been KYC verified by CoinSniper, and the smart contracts audited by SharkTeam.
Currently undergoing its initial coin offering, TARO is listing 270 million tokens on presale.
Each presale round will list 90 million tokens in an effort to raise $6.93 million in total. Currently, in its first presale stage, TARO is priced at $0.020 per token.
Early investors can buy TARO at a considerable discount during the first round before the price increases to $0.032 by the final stage – more than $1 million has been raised so far.
Join the Telegram channel to keep track of the RobotEra ICO as it develops.
|Presale Started||Q4 2022|
|Purchase Methods||ETH, USDT|
|Min Investment||1,000 TARO|
7. Securedverse – A FPS P2E Game with its ICO Currently Underway
The P2E sector has seen a lot of impressive projects enter the crypto market in the past year. One of the most fascinating of these is Securedverse, an exciting P2E game with straightforward yet exhilarating gameplay.
The game has many benefits, as described below, and has the potential to take many by surprise as an unexpected success in 2023.
Securedverse is a P2E game that is categorized as a First Person Shooter (FPS), offering players simple controls and ‘intense combat’, according to the developers.
The game is being developed by Portsea Games, a company with a strong track record of creating VR games with rich features.
Competitive battles will be available for players to showcase their skills and passion and earn SVC rewards. The leaderboard system is designed to encourage users to continue playing the game and earn SVC.
In the future, various game modes will be added to allow players to earn SVC in ways that don’t require high levels of skill.
Securedverse’s development team has outlined further features for the game, such as the option to stake the SVC token at a later time.
Additionally, the team plans to introduce VR features in the later stages of development, which are expected to attract a wide audience.
Securedverse is presently holding its presale, allowing investors to obtain SVC tokens at the lowest possible price point during the first stage.
At this point, each SVC token is priced at $0.0143, but the price will increase to $0.0186 in the next stage – the team has made 273 million SVC tokens available for purchase in the presale.
Moving forward, the Securedverse team has ambitious plans for the game, with several exciting developments on the horizon.
The first half of 2023 will be focused on the presale – but once the presale is over, the game will launch.
After this, the team will concentrate on adding new maps, heroes, and game modes to enhance the overall player experience.
Later, the team intends to introduce staking, a UI/UX update, and special events to keep players engaged.
8. Tamadoge – Top New Meme Coin Project Pumping in 2023
Tamadoge is an upcoming play-to-earn and meme coin ecosystem with metaverse aspects – a Tamaverse – in which players earn TAMA while they play.
The project has been surging since the turn of the year due to a raft of announcements, including the release of four Tamadoge Arcade games and the appointment of a new CEO and Head of Gaming.
Super Doge, Rocket Doge, To The Moon and Tama Blast are fun and addictive old-school platform games that see players collect coins and work their way up a leaderboard for weekly and monthly prizes.
There is one more Tamadoge Arcade game to be released – Tamadoge Run – with the main Tamadoge game and an augmented reality app also on the way.
In the main Tamadoge game, based on Tamagotchi, players can buy NFTs that enable them to feed their pets and even look after them cosmetically.
Because players look after their pets, they develop and grow and can then battle other players for prizes and rewards.
Last year, TAMA sold out its presale in less than eight weeks, raising $19 million before listing on OKX, where it pumped up to an all-time high of $0.194 – a 2,000% increase from its presale price – making it among the best ICOs of 2022.
Since release, TAMA has remained a top 5-10 meme coin by volume and also has several major advantages over rivals.
It has a supply of just 2 billion – compared to 132 billion and rising for Dogecoin – and is also deflationary, with 5% of transactions in the pet store (where players upgrade their pets) burned.
Follow the Tamadoge Telegram Channel to stay updated with the latest news surrounding Tamadoge. Telegram admins will never DM you first.
9. Battle Infinity (IBAT) – New Upcoming ICO on LBank
After its successful IDO on PancakeSwap where the price pumped 450% since listing on day one (and 700% from its presale valuation), another of the best crypto ICOs to invest in may be Battle Infinity. Their next exchange listing has now been announced as LBank on August 26th.
This upcoming project looks to combine P2E gaming with a rich virtual world, providing scope for income generation and community building. What’s more, Battle Infinity’s ecosystem also contains DeFi elements – meaning there’s an opportunity for everyone.
Battle Infinity’s platform has six components, each offering a unique use case. IBAT Premier League is Battle Infinity’s fantasy sports league component, which is blockchain-based and uses NFTs. Within this league, users can construct their own teams and generate points based on real-world performances – with rewards given to successful teams.
Rewards are distributed in $IBAT, Battle Infinity’s native token. This rewards token can also be used in the other components of Battle Infinity’s platform, such as the built-in NFT marketplace (IBAT Battle Market) or the platform’s DeFi exchange (IBAT Swap). There’s even a crypto staking mechanism that offers solo/duo staking and NFT crates.
Battle Infinity also plans to offer plots of virtual land within the metaverse, which users can use as advertising space via virtual billboards. From an investment standpoint, $IBAT will have a built-in ‘antidump’ feature, which will help maintain a price floor, thereby reducing volatility.
Overall, these features combine to make Battle Infinity one of the best ICO cryptos of the year – which prospective investors can learn more about by visiting the project’s official Telegram group.
IBAT’s presale managed to sell out within 24 days of launch, then more early buyers stepped in on PancakeSwap seeing the price grow from around $0.0015 at presale to a high so far of $0.011. At the time of writing the IBAT market cap is $60 million.
10. Lucky Block – Market-Leading Crypto and Bitcoin Casino
Lucky Block has now launched a market-leading new crypto casino where players can wager on thousands of games and get enticing welcome bonuses.
The native LBLOCK token will soon be added as a payment option on the casino and pumped by more than 70% after the casino went live at the end of 2022.
LBLOCK tokens are also deflationary, with a 1% rolling monthly burn, meaning they will become more scarce and more valuable over time.
Signing up to the casino takes less than a minute with no KYC verification needed, with players able to use more than 10 cryptos – including BTC, ETH and DOGE – to play, with no fees or limits on deposits or withdrawals and a minimum deposit of just $1.
New players can earn also take advantage of an enticing welcome bonus, with Lucky Block offering a 200% matched first deposit (up to 10,000 EUR or equivalent) plus 50 free spins.
Lucky Block offers more than 2,700 slots games as well as classic casino games such as poker, blackjack and roulette with virtual and live dealers.
It is also a leading sportsbook with thousands of pre-game and in-play markets available.
11. Lixiana – Decentralized Marketplace With Native Token
Lixiana was created in early 2022 and has the potential to be one of the best ICOs of the year, with the idea to set up a decentralized marketplace for digital assets, resources, and services. The platform is still in its initial stages and is in the phase of developing the frontend features of its marketplace.
Nevertheless, Lixiana has already managed to secure partnerships with several merchants who will be selling its services and products on the platform.
Lixiana has designed a digital token, Lixi, which will be used to power this marketplace. Lixiana users will be able to pay for products and services using the Lixi token. The ICO for Lixi tokens will commence on 1st July 2022 and will continue until 15th September 2022.
Lixiana also comes with a crypto wallet that can be used to store Bitcoin, Ethereum, Binance Coins, and Lixi tokens. The wallet also doubles up as a platform to trade digital assets. Moreover, users of the Lixiana wallet will also be able to receive Lixi tokens as weekly bonuses.
Lixi coins can be purchased by exchanging BNB tokens. The minimum transaction amount required is 0.01 BNB. To get started, users can buy BNB tokens via a regulated broker such as eToro.
Your capital is at risk. 68% of retail investor accounts lose money when trading CFDs with this provider.
12. VisaMetaFi – Peer-to-Peer Crypto Payment Method
VisaMetaFi features a decentralized crypto payment system that can be used across blockchain-based platforms and online merchants. This includes Web3, DeFi, DAO, Metaverse, and MetaFi. Individuals can use the MetaFi visa card in order to make payments in both real and virtual worlds.
Through VisaMetaFi, individuals can transfer stablecoins to any part of the world and crucially – without paying any transaction fees.
There is also no need to swap digital coins or convert crypto to fiat to make a payment – as everything will be processed by VisaMetaFi. The company has partnered with many merchants, such as Booking.com, Wise, Now Payments, and more.
The first four phases of the project have been completed successfully – and the project has already managed to reach 50,000 new users. According to the roadmap of the project, the next phase is to launch the digital token VisaMetaFi (VISA). At the ICO, the platform plans to sell 20% of the total supply of the coin.
The VISA token is built on the Binance Chain and can be purchased using BUSD coins. The initial price is set at $0.000009 per token. The ICO of VisaMetaFi will start on July 1, 2022, and will continue until October 1, 2022.
13. Chain of Legends – Play to Earn Game with Digital Token
Chain of Legends is a new play to earn crypto game. The game has several aspects to keep players engaged – such as mining, adventures, challenges, battles, and more. As the game progresses, gamers will need to work in teams to earn NFTs as rewards.
New players can participate in the game without paying anything, as it offers one free NFT to start with. However, to get ahead, gamers will have to buy NFTs using CLEG tokens. There is a total supply of 1 billion CLEG tokens, out of which 600 million are set aside for use in the play to earn game.
The ICO for the CLEG tokens will take place on July 3, 2022. Out of the 1 billion supply, about 6 million coins will be available for sale at a low price – like all the best ICOs – at a price of $0.008 per token. The sale is public and the platform accepts payment in USDT.
Moreover, Chain of Legends has set up a deflationary system that limits token mining. This is done by burning the CLEG coins aggressively and reducing rewards over time. This way, the platform suggests that the scarcity of CLEG tokens will help them gain more value in the future.
14. SubQuery Network – Blockchain Developer Toolkit for Web3
Due to the way decentralized data is currently being stored, it takes a considerably long time to build complex applications This is where SubQuery comes in. This network aims to build a solution to address the inefficient processing and querying of blockchain data.
It functions as an open-source, data-as-a-service provider, making it easy for developers to retrieve information from blockchain networks.
It aggregates and organizes data from Polkadot, Substrate, and Avalanche – and is planning to offer support for new blockchains in the future. SQT is the utility token of this network, which will be provided as an incentive for participation.
The token will also be used to carry out transactions within the SubQuery Network. Individuals can buy the SQT token during the ICO, which is planned to start on July 19, 2022. Only 9% of the total SQT supply is allocated for the event, and at a starting price of $0.0275 per coin.
The first round of the ICO is only accessible to whitelisted users, whereas the second and third are open to the public. Investors can buy SQT tokens by exchanging USDC on the Ethereum network.
15. Koakuma – MultiPlayer NFT Game
Koakuma is also one of the most awaited crypto games of 2023. This multiplayer online ARPG game features combat systems set on a graphic-intense metaverse. In the game, players will have to complete challenges and fight battles using specifically designed NFTs.
The project is built on Polygon and Binance Smart Chain networks. The game is still in the early stages, however, it is possible to try out the demo.
Like the other best ICO crypto projects, Koakuma also has a native digital token, $KKMA, which will be used for governance.
While players can earn these tokens as in-game rewards, it will also be possible to purchase the $KKMA coins in primary and secondary markets. The ICO will take place on July 21, 2022, and is accessible to the public.
16. Pixel Hub – Play to Earn Arcade Game
Pixel Hub is one of the best NFT games for those who prefer an arcade-style interface. The platform is created on the Binance Smart Chain network and is available on both desktop and mobile devices. At the time of writing, it features over 20 different games.
The game has already caught the attention of avid players – the next step in this project’s roadmap is the ICO of its native utility token, PHT. This is the in-game currency that users can earn by playing games. However, those who hold PHT tokens in a non-custodial wallet such as MetaMask will also be able to earn rewards through ‘reflections’.
To elaborate, 3% of every transaction on Pixel Hub is distributed among existing PHT holders. In addition to this, players will also be able to play against others by entering PHT tokens into a pot. And a percentage of these tokens are burned regularly in every tournament, making PHT a defamatory coin.
The presale for PHT tokens will commence on July 15, 2022. To take part in the ICO, public investors will have to wait until August 15, 2022.
17. Fusotao – Verification Protocol With Decentralized Infrastructure
Fusotao is an application chain that holds users’ assets and verifies the matching transactions via off-chain exchange services. It is based on order books and charges no gas fees for transactions.
Developers and matchers can sign up on this platform and earn rewards for their efforts.
The incentives will be offered in the form of TAO tokens. In addition to this, those who hold TAO coins can stake them on Fusotao to collect extra rewards. TAO tokens will also be distributed among users of the Fusotao decentralized exchange.
The initial coin offering of TAO tokens is estimated to take place on July 25, 2022. According to the platform, the coin will go on sale on multiple DEXs, Details surrounding pricing and other core specifics of the ICO are yet to be announced.
What is a Crypto ICO?
An ICO is a popular method of raising capital for early-stage crypto projects.
In simple terms, blockchain-based companies or start-ups mint a certain number of their native digital tokens and offer them to investors – in return for funds. For security tokens, often the term STO (security token offering) is used.
For these companies, an initial coin offering is a relatively hassle-free way to generate money. On the other hand, for investors, an ICO comes with an opportunity to get in on the early stages of a project.
To give an example, the ICO of Ethereum took place in July 2014, at less than $1 per token. It ended up raising over $18 million and went on to become the second-largest cryptocurrency by market capitalization.
Today, to buy Ethereum, investors will have to pay more than $1,000 per coin. With that said, Ethereum has previously hit highs of nearly $4,000.
It is important to stress that finding the best ICO cryptocurrency can be incredibly challenging, especially, when there is no way of knowing how the project might turn out.
In other words, investors should exercise a high degree of caution when looking for the best ICO to invest in.
How do Initial Coin Offerings Work?
When a company decides to host a new crypto ICO, it will announce all necessary details about the event in advance. This includes the date, specified rules, and the buying process.
The platform will also provide information regarding its digital token – such as the total supply, allocation, and use cases.
- The process typically involves visiting the project’s website to find the ICO information.
- Investors will then have to send funds to a specific crypto wallet address to make the payment.
- The price of the digital token is determined by the project ahead of the ICO.
- Most projects require a specific cryptocurrency from investors – which is often determined by the blockchain that the token operates on.
- Once the payment is made, investors can provide their wallet address to receive the digital tokens.
An ICO has many parallels with an upcoming IPO (initial public offering) for stocks. However, the main difference is that there is no financial authority regulating ICOs. This lack of regulation also makes initial coin offerings extremely risky.
For instance, any project that wants to raise money can launch digital coins and hold an ICO. They are not legally obliged to publish any financial statements or business plan.
Therefore, it ultimately falls into the hands of the investor to sufficiently research the project. As such, it can be incredibly difficult to find the best ICO crypto project to invest in.
Also, bear in mind that most projects accept payment for their ICO cryptos in digital tokens like BNB or ETH. This means that before setting out to invest in an ICO – investors might need to secure the required digital currency.
eToro is perhaps the best altcoin exchange that individuals can use to buy cryptocurrency. It is a regulated online broker that charges highly competitive fees. It also allows users to make crypto investments from just $10.
Your capital is at risk. 68% of retail investor accounts lose money when trading CFDs with this provider.
How to Find the Best ICO Crypto Projects
Finding the right early-stage project is no easy task. Today, there is an abundance of new investment opportunities that comes with the promise of high returns.
For example, ICOs are not the only way for crypto projects to raise money. When looking for new coins, investors might also want to keep an eye out for the best crypto IDOs and IEOs.
No matter the chosen path, there are a few metrics that individuals can and should consider when searching for the best ICO crypto for 2023.
Check the Whitepaper
The first step to researching the best ICO crypto is to read the project’s white paper. This document tells prospective investors about the company behind the ICO, and its future strategies.
A poorly or vaguely written white paper is an indication that the project is not fully planned out.
A white paper typically includes the following details:
- The amount of money the project plans to raise
- How the funds will be used
- The business plan of the project
- The timeline of the ICO
- Background information regarding the founders and the team member of the project
It is not only sufficient for a company to have ambitious plans – but the best projects will also have a practical approach and a clearly laid-out plan on how to achieve their goals.
Team and Partnerships
After looking at the white paper, the next aspect to consider is the team behind the project. If the project has experienced founders, then it can be a sign of market validation.
It is common for start-ups to list their team members and partners. However, many early stage crypto projects have been known to exaggerate their partnerships with other companies.
However, it would be a smart move to verify the credentials of the team and any claimed partnerships. An easy way to get additional information would be to look around the project’s blog or social media page.
If there is no post that details the specific nature of the partnership, it might be a red flag.
Tokenomics and Allocation
When looking for the best ICO for 2023, it is also important to look at token allocation.
A company conducting the ICO should clearly indicate the maximum supply of the coin, as well as how the tokens will be distributed among the different parties involved.
For instance, a certain percentage of digital coins will always be distributed among founders, team members, and partners. The best ICO crypto projects will strike a balance between fair distribution of digital tokens and future reserves.
Also see our guide on how to buy a coin before it launches.
Are the Best ICO Cryptos a Good Investment?
Some ICO cryptos have the prospect to turn into a good investment. However, it often depends on the specifics of the individual project, its target market, future potential, and more.
Nevertheless, there are some common advantages to investing in a crypto ICO – which we discuss below.
Low Entry Price
One of the best ways to make money with cryptocurrency is to invest in an early-stage project. Moreover, investing in an ICO allows individuals to obtain a low entry price.
Today, crypto projects also present their investors with different ways to earn money. It is no longer necessary to wait for the price of a digital coin to go up in order to realize a profit.
Instead, investors have the option to stake their digital assets and earn passive income, without having to sell their tokens.
Moreover, some digital tokens are also part of a gaming ecosystem and can be used to purchase NFTs. This means that early investors get a chance to buy rare NFTs before others can.
First Mover Advantage
Depending on the project, investors might also be able to benefit from the early bird advantage. Investors will be to unlock the benefits of owning the coin before it even becomes accessible via public exchanges.
Moreover, if the demand increases, the price of the coin will be higher when it hits the market, and early investors can sell at a profit.
This means that investing in an ICO can be very lucrative. This is, of course, assuming that the project continues to raise interest from buyers. If there is no demand for the token after the ICO, then the value of the coin can easily plunge.
Risks of Crypto ICOs
As noted, a high-risk level is associated with cryptocurrency ICOs:
- While there are plenty of success stories, there are also many cases where investors have become a victim of a scam – where the project shuts down after raising money from its ICO campaign
- These days, many start-ups are turning to ICOs as a strategy to generate money, because they are unable to convince VC firms to invest in them.
- This is why it is of utmost importance to do sufficient research before investing in a crypto project.
Investors should take into account the metrics we mentioned above, and analyze the potential prior to risking their money in an ICO.
Cryptocurrency ICOs offer the chance to get in on the ground floor of a startup with high potential. However, given the volatile nature of the crypto industry, we suggest that investors build a diversified portfolio of assets, and not put their entire capital into an ICO.
Nonetheless, this guide has discussed some of the best ICO projects to consider for 2023. Before proceeding, investors should spend time studying the different projects from our initial coin offering list – which will assist in making an informed decision.
Our number one for the best crypto ICO is Love Hate Inu ($LHINU), a new vote-to-earn meme coin project that has so far raised $1.5 million in just two weeks since it launched.. The project allows users to vote on current topics and earn $LHINU tokens in the meantime.
The presale will last for 60 days with the eighth and final stage set to sell for $0.000145.
Love Hate Inu - Next Big Meme Coin
- First Web3 Vote to Earn Platform
- Vote on Current Topics and Earn $LHINU Tokens
- Secure, Reliable and Anonymous Voting
- Rug Pull Proof - 90% of Tokens Available in Presale
- Accumulate Voting Power by Staking $LHINU Tokens
What is an ICO in cryptocurrency?
Is ICO crypto a good investment?
How do I get crypto ICO?
Is Ethereum an ICO?
What are the best new ICO crypto for 2023?