Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
An initial coin offering, or ICO, is a popular way for crypto projects to generate publicity and raise capital. Much like crowdfunding, ICOs allow the community to have a tangible impact on a project’s growth – while also providing scope for investors to realize substantial returns in the future.
This article discusses 15 of the best crypto ICOs available right now, covering what they are and why they are so highly regarded, before exploring the key factors to bear in mind when making an ICO investment decision.
The 15 Best Crypto ICOs to Invest in Right Now
Listed below are 15 of the best ICO cryptos available to investors, derived through in-depth research and analysis. We’ll discuss each of these ICOs in the following section, providing the information needed to make an informed investment decision.
Meta Masters Guild (MEMAG) – Overall Best Web3 Gaming Crypto ICOFightOut (FGHT) – New Crypto ICO Offering Rewards for Active LifestyleDash 2 Trade – Popular Crypto ICO for an Analytical Crypto Platform with Automated TradingRobotEra (TARO) – Newly Launched Crypto Reward and Game TokenIMPT (IMPT) – Sustainable Crypto ICO that is Fighting Climate CrisisTamadoge (TAMA) – Top Crypto ICO that is Pumping on ExchangesBattle Infinity (IBAT) – Exciting New Crypto ICO in the Metaverse NicheWombat Exchange (WOM) – One of the Best Upcoming ICOs in DeFiCryptoCitizen (CCASH) – Top Initial Coin Offering in the Blockchain Gaming SectorByepix (EPIX) – Best ICO Cryptocurrency for Generating Tokenized RewardsHeroes of Mavia (MAVIA) – Battle-Builder Game with P2E FeaturesWeSendIt (WSI) – Decentralized File Sharing Platform with New Crypto TokenKryptview (KVT) – New ‘Research-to-Earn’ Ecosystem with Unique Use CaseGoons of Balatroon (GOB) – Best ICO Crypto for Trading Card EnthusiastsCowSwap (COW) – Innovative DEX Aggregator with ‘Gasless’ ApproachInvest in Meta Masters Guild NowThe Best New ICO Crypto Projects Reviewed
Investing in an ICO can be risky, given that the project in question will still be in its infancy and is not yet established. However, those with a higher risk tolerance level are often handsomely rewarded since the best ICOs often go on to produce huge returns in the future.
With that in mind, let’s take a closer look at the best crypto ICOs listed above, exploring why they are so sought-after:
1.Meta Masters Guild (MEMAG) – Overall Best Web3 Gaming Crypto ICO
With the recent presale launch of Meta Masters Guild’s $MEMAG token, this Web3 gaming project is one of the hottest new tokens to purchase in 2023. Currently, on stage one of a seven-round presale, Meta Masters Guild is looking to collect nearly $5 million. Over the course of the presale, we will witness the token surge by 228%.
$MEMAG is the native cryptocurrency of the world’s first ever decentralized and Web3-focused mobile-gaming platform. While all of Meta Master Guild’s games will offer in-game rewards, the platform wants to offer top-quality gaming experiences.
The buzz surrounding the MEMAG presale can be credited to the token’s offerings within the ecosystem. MEMAG can be used to purchase GEMS, the in-game currency. Gems are used within the in-game store to collect valuable NFTs and use them within the mobile games.
The Meta Masters Guild whitepaper has laid out plans and is currently developing three upcoming cryptocurrency mobile games. Players can collect Gems and rewards through Meta Kart Racers, a PvP racing game. Through NFT Raids’ fantasy fighting platform, members can battle multiple warrior classes in different environments.
$MEMAG will also be used within Meta Masters World, the upcoming metaverse of this cryptocurrency project. On the metaverse, players can access an environment where all items are minted as NFTs. These NFTs will be available to purchase on an online marketplace. This top utility token can also be staked within the ecosystem to garner further rewards.
The ongoing ICO has allocated 35% of MEMAG’s 1 billion total token supply. Still on stage one, MEMAG can be purchased for only $0.007. However, the seventh round price is set at $0.023 – a 228% price jump. Meta Masters Guild has already raised more than $67,000. The presale hard cap is set at $4.97 million.
|Presale Stage||Price||Amount of Tokens||Raise Value|
Readers can join the Telegram Channel to track the latest developments of this cryptocurrency.
Invest in Meta Masters Guild Now2. FightOut (FGHT) – New Crypto ICO Offering Rewards for Active Lifestyle
FGHT is currently on presale and then destined for centralized exchanges in Q1 2023. FightOut developed a move to earn platform rewarding users with tokens for completing workouts and challenges.
One of the reasons that the FGHT ICO is expected to be successful is that FightOut has allocated only 10% of the total token supply to liquidity on exchanges. Investors value scarce assets, and FGHT will be exactly that once it’s listed.
FightOut has allocated 90% of the 10 billion tokens to the presale. Waiting for the coin to ICO may mean that investors will have to buy $FGHT tokens for high prices.
Investors wanting easy access to a low-priced coin should get in on FightOut’s presale while it’s priced at $0.016.
Besides the affordable pricing and availability, FightOut rewards users for leading an active lifestyle by strengthening their bodies through the ecosystem’s app. Users receive in-app currency REPS as rewards for completing workouts and challenges, as well as for growing the community and earning badges.
More REPS can be purchased with $FGHT tokens and then redeemed for subscriptions, NFTs, merchandise and membership to real-world FightOut gyms, which will be located in major metropolitan areas globally.
Besides the additional exposure that $FGHT tokens will receive once listed on exchanges, more attention could be drawn to its ICO from celebrities. FightOut is in talks with professional fighters to act as the brand’s ambassadors.
Investors can receive up-to-date information about FightOut’s ICO by joining the Telegram channel. And more information about the coin and the project is available on the whitepaper.
Now’s the best time to buy $FGHT tokens because they’ll be in short supply during the ICO. High demand and low supply usually result in soaring asset prices.
|Presale Started||December 14|
|Purchase Methods||ETH, USDT, Transak|
Visit FightOut Presale Now
3. Dash 2 Trade – Popular Crypto ICO for an Analytical Crypto Platform with Automated Trading
Dash 2 Trade (D2T) is a new crypto ICO creating an all-encompassing platform designed to help traders and investors find exciting new opportunities through the use of a wide range of analytics-driven tools.
The project’s presale launched on October 19 and went on to raise over $400,000 within just 24 hours, leading many to consider the project the best crypto ICO – it has now raised $6 million in just two weeks.
The project is currently in the third of nine presale phases and the project’s native D2T tokens are currently being sold for $0.0513.
The figure incrementally increases as the presale progresses in order to afford early investors the best value.
As such, it could be a good idea to stock up on tokens during these early stages in order to profit immediately after the token lists.
While it’s fairly straightforward to participate in the D2T presale, we’ve created a guide detailing the ins and outs of how to buy Dash 2 Trade.
|Price Stage||Amount Raised In Stage||Token Allocation|
As stated in the Dash 2 Trade whitepaper, while there is a free plan, access to the main Dash 2 Trade features is restricted to members. In order to bolster demand, memberships can be purchased using the D2T token in the following levels.
Free – The free plan provides basic access to Dash 2 Trade but doesn’t include any advanced features.Starter (400 D2T per month) – The starter plan grants users access to most Dash 2 Trade features but doesn’t include professional-grade data. Premium (1000 D2T per month or 9,600 D2T yearly) – For frequent traders or enterprise clients, the premium plan offers access to every feature on the Dash 2 Trade platform as well as providing access to professional-level metrics.
The Dash 2 Trade platform is packed with features designed to improve the trading and investing experience.
One of the most notable is a bespoke system to track and rank crypto ICOs and presales based on profit potential and risk.
However, the platform also contains a social sentiment analyzer, and a platform to backtest trading strategies.
Dash 2 Trade is perhaps the best crypto ICO on the market right now, not only for its merit as an investment but also for its use as a tool to find new ICOs with potential.
Check out the project today to buy D2T tokens while they’re still selling for a comparative discount and join the Dash 2 Trade Telegram to hear about any updates early.
|Presale Started||October 19|
|Purchase Methods||ETH, USDT, Transak|
|Min Investment||1,000 D2T|
Visit Dash 2 Trade Presale Now
4. RobotEra (TARO) – Newly Launched Crypto Reward and Game Token
$TARO is another top crypto to invest in as the native token of play to earn game RobotEra – with imminent exchange listings after its presale.
Investors have an opportunity to get even better asset prices than during ICOs if they capitalize on the first stage of $TARO’s presale.
Investors can buy RobotEra crypto for just $0.02 before the price increases to $0.025 during the second stage of the presale.
By the time the presale ends, tokens will be selling for $0.032 each and early investors will own an asset that has appreciated by 60% before reaching the wider market.
|Stage 1||90 million tokens||$0.02||$1,800,000|
|Stage 2||90 million tokens||$0.025||$2,250,000|
|Stage 3||90million tokens||$0.032||$2,880,000|
Many P2E tokens surge during their ICOs because investors value them over regular altcoins due to their inherent nature of providing returns with in-game assets.
Several crypto game tokens held more of their value than other crypto assets during crashes, owing to the rewards on offer and use case during market downturns.
RobotEra players use TARO tokens to buy NFT robots and metaverse plots of land to rebuild the planet Taro after it was destroyed.
The game is billed as one of the best play-to-earn games as it offers numerous streams to earn rewards from both the NFT robots and metaverse land with all assets being upgradeable, customizable and, ultimately, sellable.
On the metaverse plots, players can build infrastructure and buildings, or mine the land for minerals.
Players can monetize their land in numerous ways, such as renting out billboards to advertisers or charging admission to museums or events and concerts
Players can also earn a passive income by staking their coins, while RobotEra enables players to use build new NFT robots, customize and upgrade them and sell them on the open market.
Players will not need coding knowledge to build in the metaverse or improve their robots, instead using the games custom tools – which also allow for dynamic 3D scenes, sounds, user interaction, physics, payments and more.
The project also uses a multiverse system that allows players connect to other worlds and communities both online and offline.
In fact, RobotEra – which is an LBank Labs project – anticipates that new use cases will emerge in the game with few limitations on what players are able to build and develop.
Updates about the presale and the coin’s listings on exchanges are available on the Telegram channel.
The RobotEra whitepaper states that only 3% of the 1.8 billion token supply will be available for exchanges, with the remainder will be for various uses such as P2E rewards and the treasury.
But 15% (270 million tokens) of that supply is available during the presale – that far exceeds the ICO, and investors should act now before the coin enters the third stage of the presale and increases in value to $0.032.
|Presale Started||November 2022|
|Purchase Methods||ETH, USDT|
|Min Investment||1,000 TARO|
Buy $TARO Tokens Now
5. IMPT (IMPT) – Overall Best Crypto ICO that is Fighting Climate Crisis
While many ICOs can be risky as crypto projects fail to make promises on their roadmap or lose steam when it becomes clear there is no real use case for them, IMPT is a new project that appears to have a big future.
Arguably the greatest concern of the 21st century is the climate crisis – and one that IMPT wants to tackle head-on.
The project has already agreed on partnerships with more than 10,000 retailers and businesses – many of them globally recognizable firms such as Samsung, LEGO, Amazon, and Microsoft – with users earning carbon credits through shopping.
IMPT will turn carbon credits into NFTs that can be used to offset a user’s carbon footprint as they fund environmentally friendly projects that have been fully vetted and verified.
The voluntary carbon market is estimated to grow 50-fold to $100 billion by 2030, according to Bloomberg, and the carbon credit NFTs will have value as long-term investments.
They can be bought, sold and held, or even retired, with each retired carbon credit returning a unique NFT that will also have value.
The IMPT team is fully doxxed and has years of senior experience in a variety of commerce and telecoms businesses.
The project sold out the first stage of its presale in just three weeks – four weeks ahead of schedule – and has now raised nearly $13 million, making it one of our best crypto presale projects of the year.
Now in phase 2, tokens are on sale for $0.023 each meaning $100 of investment will return 4,347 IMPT tokens.
The price then jumps to $0.028 for the third and final stage – a 55% increase from stage 1 – meaning $100 returns just 3,571 tokens.
Read more information in the IMPT whitepaper and join the Telegram group for the latest news.
|End Date||January 31 (stage 2)|
|Vesting||Unlock Token Generation Event|
|Team||Denis Creighton (CEO), Mike English (CTO), Hugh Phelan (CLO)|
6. Tamadoge (TAMA) – Top Crypto ICO that is Pumping on Exchanges
One of the best emerging cryptos in the space is Tamadoge after it sold out its ICO in just eight weeks to raise $19 million and is now pumping following its initial exchange offering (IEO) on OKX.
For those unaware, Tamadoge is a first-of-its-kind ‘hybrid meme coin’, combining play-to-earn (P2E) mechanics and one of the best new NFTs into one rich metaverse.
Within Tamadoge’s world, players can mint ‘Tamadoge Pets’ and use them in the ecosystem’s built-in PvP battle mechanism. By battling against other players, skilled gamers can earn rewards denominated in TAMA – Tamadoge’s native ERC-20 token.
TAMA is the token that will underpin the entire ‘Tamaverse’ – used to purchase in-game items and additional Tamadoge Pets – and we previously named the token among the best crypto presales of 2022.
However, this new ICO crypto also looks to have an exciting future from an investment standpoint since the supply of TAMA tokens is capped at two billion.
Moreover, 5% of the tokens used on in-game transactions will be burned – reducing the supply over time and helping drive the price higher.
This burn mechanism could prove to be highly beneficial, given the Tamadoge team’s plans for the future. These plans include an augmented-reality (AR) app and Tamadoge-themed arcade games, which will help attract more players to the platform, and both planned for Q3 2023.
Tamadoge enjoyed an extremely successful presale, raising $19 million to sell out its total allocation fast, in less than eight weeks, despite the wider crypto bear market.
The project is 100% secure having had its contract fully audited by SolidProof and team KYC verified by CoinSniper ahead of the presale, while the developers are doxxed.
OKX is now listing the coin on both its centralized and decentralized exchanges and in the week since listing TAMA has experienced stunning gains – reaching an all-time high of $0.19, nearly 2,000% above its presale price.
The Ultra Rare NFT Pets also became the top trending collection on OpenSea at launch, with the 100 NFTs – which have the best stats in the game – selling our for a combined 250 ETH.
With massive trading volume, which has been top five since launch, and development continuing in its P2E game, analysts are predicting more gains in the weeks ahead.
TAMA has now listed on Gate.io – the fifth-largest exchange by volume – with more listings in the pipeline.
Prospective investors looking to learn more about this cryptocurrency should join Tamadoge’s Telegram group or follow its Twitter page.
Buy TAMA on OKX
Buy TAMA on OKX DEX
7. Battle Infinity (IBAT) – Exciting New Crypto ICO in the Metaverse Niche
Another of the best new crypto projects to be aware of is Battle Infinity. Battle Infinity solidified itself as one of the most exciting metaverse projects to launch in 2022, thanks to its unique P2E mechanisms and fantasy sports features.
The fantasy sports element, dubbed the IBAT Premier League, offers a decentralized way for gamers to create sports teams and earn tokenized rewards.
At launch, this cryptocurrency ICO will focus solely on cricket – however, Battle Infinity’s team has noted that additional sports will be added in the future.
This means those with in-depth knowledge of a sport and its players can leverage their expertise and generate a recurring income stream in IBAT – Battle Infinity’s native BEP-20 token.
Aside from the IBAT Premier League, Battle Infinity’s ecosystem also features a P2E multiplayer gaming store, a DeFi token swapping mechanism, an NFT marketplace, and even a staking service.
All of these elements combine to ensure Battle Infinity offers an ‘all-in-one’ platform where users can play and earn, whilst interacting with others.
Battle Infinity emerged as one of the best ICO crypto projects earlier this year when the project’s presale allocation sold out 66 days ahead of schedule. The incredible hype created by this initial coin offering prompted Battle Infinity’s developers to bring forward IBAT’s PancakeSwap listing.
Since the PancakeSwap listing, IBAT has also been listed on leading crypto exchange LBank – which resulted in the token’s price nearly doubling in a matter of days – with listings planned for the coming months.
Those interested in learning more about Battle Infinity and IBAT can do so by joining the project’s official Telegram group.
Visit Battle Infinity
8. Wombat Exchange (WOM) – One of the Best Upcoming ICOs in the DeFi Sector
Although Tamadoge and Battle Infinity hold the top two spots on our crypto ICO list, Wombat Exchange is another exciting project to consider.
As defined by its whitepaper, Wombat Exchange is a ‘multi-chain stableswap’ hosted on the BNB Chain. This exchange allows market participants to swap stablecoins with little-to-no slippage while also generating a yield through staking.
Wombat Exchange prides itself on being accessible for beginners, featuring a straightforward user interface and an open liquidity pool, meaning users only need to hold one stablecoin.
This unique approach has already prompted several leading companies to invest in Wombat Exchange, including Animoca Brands, Hailstone Ventures, and Shima Capital.
This upcoming ICO will focus on WOM – Wombat Exchange’s native governance token. WOM is crucial to voting on governance proposals and providing liquidity with stablecoins.
With more than 52,000 people following Wombat Exchange’s official Twitter account, this project could turn out to be the best ICO cryptocurrency in the DeFi niche for 2023.
9. CryptoCitizen (CCASH) – Top Initial Coin Offering in the Blockchain Gaming Sector
Another of the best ICO cryptos to keep an eye on is CryptoCitizen, the latest addition to the ever-growing blockchain gaming sector, offering a free P2E metaverse complete with an overarching storyline.
The game also features MMORPG elements, ensuring it appeals to a broad audience. The CryptoCitizen ecosystem comprises several components: a shooting game, a racing game, and a PvP fighting arena.
Players can earn CCASH through skilled gameplay, which they can use to increase their ‘Citizen Ranking’ and access NFT drops.
Alpha testing is still ongoing for the CryptoCitizen team, although the project has generated tremendous buzz already.
More than 165,000 people currently follow CryptoCitizen’s official Twitter account – and given the team was present at Gamescom 2022, the hype is likely to continue building around this new project.
10. Byepix (EPIX) – Best ICO Cryptocurrency for Generating Tokenized Rewards
Byepix is described as an ‘all-in-one Web3-based super metaverse platform’, combining an array of exciting elements related to the crypto space.
These include DeFi, NFTs, GameFi, P2E, and more – enabling a flourishing ecosystem that offers everything prospective players might need. Like other metaverse platforms, Byepix allows players to generate tokenized rewards by completing tasks in the built-in ‘Gems Hunter’ game.
In addition, Byepix will also enable players to purchase plots of land in its rich virtual world, which can be developed and sold for a profit.
Most of Byepix’s focus is on providing ways for players to earn income in a fun way, whether that be through the project’s affiliate program, social tasks (Social2Earn), or investing in the game’s native token, EPIX.
Byepix looks perfectly set up for 2023.
11. Heroes of Mavia (MAVIA) – Battle-Builder Game with P2E Features
Heroes of Mavia could be one of the best crypto ICOs in the blockchain gaming niche due to its appealing ‘base building’ features.
Within the Heroes of Mavia ecosystem, players can create their own armies and conquer enemy bases – allowing them to earn Ruby tokens in the process.
Ruby tokens can then be used to upgrade a user’s base, strengthen their army, and solidify defenses.
However, aside from the battle mechanics, Heroes of Mavia also has a built-in NFT marketplace, live battle streaming features, and even a ‘Base Partnership Manager’ for users to collaborate and generate passive income.
Like many of the best ICO cryptos, Heroes of Mavia has already attracted massive attention from prospective investors on social media.
The game is backed by leading entities like Binance Labs and Animoca Brands – meaning all eyes will be on Heroes of Mavia ahead of its Beta phase launch in Q4 2022.
12. WeSendIt (WSI) – Decentralized File Sharing Platform with New Crypto Token
WeSendIt is a crypto enterprise that offers decentralized solutions for file sharing and cloud storage. Over three million customers across 150 countries have already partnered with WeSendIt due to the company’s stellar reputation in the sector, which has been built up over 10 years of consistent results.
WeSendIt has recently announced ‘WeSendIt 3.0’, which will allow the platform’s users to earn tokenized rewards by sending data.
This BEP-20 token will have various use cases within WeSendIt’s system, such as advertising, subscription discounts, and scalable data storage. Users can also earn WSI tokens simply by referring others to the platform.
The private sale of WSI tokens is scheduled to begin in September 2022, with the presale coming in November 2022.
However, WeSendIt’s team has set its sights on obtaining an exchange listing by the end of the year – making this one of the best ICOs from a speculative standpoint.
13. Kryptview (KVT) – New ‘Research-to-Earn’ Ecosystem with Unique Use Case
As stated by CoinMarketCap, Kryptview is a data platform dedicated to community research on tokens and cryptos.
This unique platform rewards users for in-depth analysis of crypto projects, providing a clear incentive to participate in the Kryptview ecosystem.
Aiming to be the first ‘research-to-earn’ platform to hit the mainstream, the Kryptview project has already received backing from major players such as The Blox and Matters.
Interestingly, the platform’s users can add ‘research bounties’ to specific assets, enticing researchers to provide information and generate income.
The Kryptview token (KVT) is used for rewards distribution and additional perks, making it a crucial part of the ecosystem.
The KVT ICO is set to go live on October 13th and will see 12.5% of the total supply being offered to early investors – allowing them to benefit from price increases if the token becomes listed on major exchanges in the future.
14. Goons of Balatroon (GOB) – Best ICO Crypto for Trading Card Enthusiasts
Goons of Balatroon may well end up as one of the best crypto ICOs for those interested in trading card games.
Put simply, Goons of Balatroon follows a similar structure to the super-popular Gods Unchained game, meaning players can build a deck of cards and battle against other factions.
The exciting thing about this game is that it’s free to play, meaning there are no barriers to entry for beginners. Each card is structured as an NFT, providing true ownership and ensuring that cyber attackers cannot alter the card’s attributes.
Over 250 cards are available to own in the Goons of Balatroon ecosystem, with players able to earn GOB tokens by winning battles.
Finally, Goons of Balatroon has already been backed by leading funds such as Maven Capital and SkyVision Capital, providing the foundation for a successful ICO.
15. CowSwap (COW) – Innovative DEX Aggregator with ‘Gasless’ Approach
Rounding off our list of the best crypto ICOs to buy is CowSwap. CowSwap is a Meta DEX aggregator, meaning market participants can swap tokens using gasless orders.
Moreover, CowSwap aggregates pricing data from various sources, ensuring the best price is always offered.
Like other DeFi protocols, CowSwap allows users to provide liquidity and generate a yield for doing so. The protocol itself is structured as a decentralized autonomous organization (DAO), meaning governance is handled by holders of CowSwap’s native token, vCOW.
Given the rapid growth of the DeFi sector, CowSwap’s low-fee approach is likely to appeal to a broad audience of potential investors.
In addition, since CowSwap works with the entire universe of ERC-20 tokens, this puts the exchange in a prime position to benefit from ‘The Merge’ – Ethereum’s upcoming transition to a Proof-of-Stake (PoS) consensus protocol.
What is a Crypto ICO?
Gemini defines a crypto ICO as a type of blockchain-enabled crowdfunding that allows a crypto project to raise funds by selling tokens.
The tokens that are offered tend to have a use case within the project itself, meaning early investors can become a part of the community before the project has even launched.
Most of the time, crypto ICOs will allow investors to purchase tokens at a discounted price relative to their eventual listing price. This is done to entice investors to participate in the ICO and generate publicity, which is crucial to a project’s growth.
The concept of crypto ICOs is not new, having been around since the early 2010s. Ethereum is one of the most notable projects to begin its life as an ICO, as early investors were able to acquire ETH for just $0.31 per token back in 2014.
Given that ETH tokens are now valued at around $1,700 – and has been as high as $4,800 – it’s clear why ICOs are so popular with risk-seeking investors.
However, it’s also essential to bear in mind that crypto ICOs are generally unregulated, meaning they are not supervised or policed by leading institutions.
As such, investors looking to participate in crypto ICOs must do their due diligence and be aware of the risks before deciding to purchase tokens.
Ever wondered what the difference between ICOs and STOs (security token offerings) is? Read our article on the best crypto STOs for more information.
How do Initial Coin Offerings Work?
Initial coin offerings are scheduled events that last for a specific amount of time which is decided on by the project’s team. The team will set a date for the ICO and determine their fundraising goal.
This goal will usually have a soft cap and a hard cap, which state the minimum and maximum number of tokens to be sold. Once the ICO has gone live, the purchasing process tends to look something like this:
Investors will go to the project’s official website to participate in the ICOThe website will display the token’s price and the currency used for the exchange – example ‘bridge’ currencies include ETH and BNBA wallet address will be provided by the project’s team, to which investors must send funds to acquire tokensThe investor will then send their investment amount to the wallet address before providing their own wallet address to receive their ICO tokens post-purchase
As the process above highlights, all that’s required to participate in an ICO is a crypto wallet and some digital currency holdings to make the exchange. However, this does mean prospective investors must own some crypto ahead of the ICO.
How to Find the Best New ICO Cryptos
Finding the best crypto ICOs can be challenging – especially given how saturated the crypto market is.
Websites such as CoinMarketCap, Twitter, Reddit/CryptoCurrency, CoinList and CoinGecko are great for helping you find new projects – but it is vitally important you conduct thorough and detailed research in all projects before deciding to invest in them.
Strong indicators you are in good hands include a doxxed and public development team, a clear roadmap and whitepaper, and strong social media following – although beware of bots and spam accounts.
The three strategies below can help separate the high-potential ICOs from those that are likely to fall by the wayside:
Review the Project’s Whitepaper and Roadmap
One of the most important things to do when considering an ICO investment is to review the project’s whitepaper and roadmap. These elements help inform whether the project will have longevity or not, which is a crucial factor in an ICO’s success.
The best ICOs tend to have detailed whitepapers that clearly explain what the project looks to accomplish and how it plans to do so.
It’s also wise to ensure the whitepaper is grammatically correct and has no obvious spelling errors, which tend to be a hallmark of a hastily formulated project.
Use Social Media
Another helpful tactic to find the best crypto ICOs is to use social media. Social media platforms such as Twitter and Reddit have become valuable resources for crypto investors since they can offer real-time insight into a project’s progress.
With marketing playing a massive role in an ICO’s success, most development teams will emphasize social media to foster strong community backing.
Thus, prospective investors can quickly identify projects with high potential by keeping tabs on ICO cryptos that are generating buzz on Twitter and Reddit.
Make Use of an ICO Calendar
Finally, investors can also use an ICO calendar to keep track of current and upcoming ICOs.
The CoinMarketCap ICO Calendar is widely used in this regard, as it clearly shows the start date, end date, and funding goal for the scores of forthcoming projects.
Are ICOs a Good Investment?
Although ICOs are undoubtedly a widespread phenomenon within the crypto market, can they be considered a good investment? Detailed below are three reasons why crypto ICOs may be appealing to speculative investors:
Become Part of a Growing Community
Taking part in an ICO allows investors to become part of a growing community at the very beginning of the project’s life cycle. This has the added benefit of enabling like-minded people to interact with each other and form relationships whilst also providing feedback to the project’s development team.
Huge Returns Potential
Naturally, one of the main benefits of investing in an ICO is the vast returns potential that they can offer. Since most ICOs offer tokens at a reduced price point, early investors are in a great position to benefit if/when the token is listed on a major exchange.
A prime example of this was the EOS ICO, which saw investors generate quadruple-digit returns once the token was listed on centralized exchanges.
Finally, many ICO cryptos will offer exclusive benefits to entice early investors. The specific benefits can vary wildly but may include premium NFTs or access to merchandise.
There may even be private Discord servers that only ICO investors can join, providing an incentive to participate.
Best Crypto ICOs – Conclusion
In summary, this article has taken an in-depth look at 15 of the best crypto ICOs to launch in 2023, covering what they offer and why they have generated such high momentum.
Thanks to the innovative use cases displayed by these projects, investors remain eager to see how well they can perform in the weeks and months ahead.
One of the best crypto ICOs right now is Meta Masters Guild (MEMAG) – a mobile-based gaming platform. This cryptocurrency will leverage blockchain technology to offer NFT-based gaming opportunities and its own metaverse ecosystem.
While the current presale price is $0.007, the MEMAG token will be priced at a 228% premium by the seventh and final round.
Invest in Meta Masters Guild NowFAQs
How does an ICO in cryptocurrency work?
When an upcoming ICO is announced, early investors will have the opportunity to buy tokens using a ‘bridge’ cryptocurrency – such as ETH or BNB. The project’s team will provide a crypto wallet address to send funds to in return for tokens, with the token price being either fixed or variable, depending on demand.
Is investing in ICO crypto a good idea?
Investing in upcoming ICOs is inherently risky since projects are still in the early stages of their lifespan, so nobody knows for certain whether they will be successful. However, investors with a higher risk appetite can often generate considerable returns when an ICO crypto is listed on a major exchange since they will have been able to acquire tokens at a discounted price.
How do I buy crypto ICO?
Participating in an ICO is as simple as heading to the project’s official website and connecting a crypto wallet. Following this, investors will be able to buy tokens using a bridge currency (e.g. ETH, BNB), after which the project’s team will send the relevant number of tokens to the investor’s wallet.
Was Ethereum an ICO crypto?
Yes – Ethereum started as an ICO in 2014, raising over 7,000,000 ETH (around $2.2 million) in the first 12 hours of tokens going live. By the end of Ethereum’s presale, the development team had raised a remarkable $18.3 million for the project.
What are the best crypto ICOs to buy in 2023?
Out of all the projects we’ve reviewed, FightOut’s FGHT token offers the most in the way of intrinsic value and upside potential. Aside from FGHT, RobotEra and IMPT are two other high-potential projects that are also in their presale phase.