2017 has been a year of ICO, keeping more and more new ICO names in the newspapers and smashing the total money raised by ICO in previous years several times. Of course, the crowdsale practice is only at its beginning, and 2018 promises to rocket the ICO numbers to new horizons. Being a good ground for new companies to gather funds for their ambitious projects, ICO also arouse interest among investors as those are becoming a good investment more often. How to find the best ICO to invest in 2018 if you’re just hopping on the train?
Lots of ICOs copy each other’s strategy and marketing tactics, so looking through some of the best fundraisers of 2017 is a good starter in finding a great ICO to invest in. Once familiar with these, you can easily find a new pearl in future.
1. Filecoin: $257 mln – http://filecoin.io/
Filecoin is a blockchain-based scalable interpretation of IPFS which gives an opportunity to host remote files in a cloud and to make them accessible anywhere, anytime, with competitive pricing, and to host someone’s encrypted files as a part of the said cloud, for a payment, if you have spare disk space.
2. Tezos: $232 mln – https://www.tezos.com/
Tezos is a self-governed blockchain that established a digital commonwealth. It facilitates fomral verification. Literally, it checks if the code governing transactions is correct and improves security of the smart contracts.
3. EOS: $185 mln – https://eos.io/
EOS brings the idea of cloud-based computing to an extreme. EOS.IO offers an ultra-fast and capable turing-complete blockchain that works like a specific operation system for the DApps built upon it. Unlike Ethereum smart contracts, EOS is capable of supporting enterprise-level applications with databases, authentication, asynchronous computing and more.
4. Paragon: $183 mln – https://paragoncoin.com/
The main idea behind Paragon is fighting cannabis black market and rising social awareness, by implementing blockchain technology in the cannabis product supply chain to fight counterfeit products and promote licensed and legal use.
5. Bancor: $153 mln – https://www.bancor.network/
Bancor is a start-up offering direct token-to-token exchange on Ethereum network, as well as an ERC20 liquidity network for token exchangers which can connect their markets without complex integration, which can potentially strengthen both the traded tokens and the exchanges with enhanced pools.
6. Status: $90 mln – https://status.im/
Status is a blockchain-based messenger with extended capabilities of crypto and token transfer, building DApp bots, managing internal smart contracts etc. Currently, the Status beta is available on Android and iOS phones.
7. Tenx: $64 mln – https://www.tenx.tech/
TenX is not yet another one company building a Bitcoin-to-fiat bank card. They do work on their own implementation of ATM-withdrawable crypto wallet, but the backbone of it is the COMIT network, which is able to connect different blockchains. Using COMIT, TenX card users will be able to have access to any cryptocurrency or token in an instant with an open exchange rate.
8. MobileGo: $53 mln – https://mobilego.io/
MobileGo by GameCredits is purposed to become a payment and betting medium in decentralized online gaming communities: one token for them all! An untethered token will bring possibility to have one wallet for several games for the players, and one big liquidity pool for traders and betters.
9. SONM: $42 mln – https://sonm.io/
Sonm is a decentralized computing network for running a virtual fog supercomputer. Giant and resource-demanding tasks like DNA sequencing are spread out to smaller tasks (fog droplets), which are executed by miners for a reward.
10. Civic: $33 mln – https://www.civic.com/
The Civic Secure Identity Platform offers a blockchain-based KYC solution for 3rd parties, that would eliminate the need for going through the due diligence protocols multiple times and keep the customers’ vulnerable data encrypted.
Apart from any specialized ICO rating website, there are some criteria you can use to choose some of the top ICO in 2018, some of them are obvious, others are less obvious but still very useful.
First and foremost, the idea is the most important part of a project. It should solve problems of lots of people or businesses, which probably will be also interested in an investment. Naturally, if the idea is fresh, it may pop out, if not — some ICO with the same idea probably have already failed, and the new ones definitely will fail as well.
Take a look at the website. A qualitative ICO website will be bespoke, and not based on an off-the-shelf CMS like WordPress, and will be hosted on a secure hosting (look for https protocol) and will have all required information just within a few clicks.
The top ICO website in 2018 should contain such essential information like the team behind the project, it’s roadmap (the more realistic, the better), link to a well designed white paper, with unique text. If you run it through a text analysis tools and find a copy paste — the project is one step closer to scam.
Nowadays, most great ICO have an up and running MVP which allows potential investors and users to test the basic functionality of offered solution before investment. An MVP shows serious intentions and that the development of the product is already started, so your investment will give you some result and is not worthless at all.
As almost any blockchain-based product, ICO should be completely transparent. One should easily view the ICO smart contract source code and address to recheck all the movements on the crowdsale wallet and detect possible fraud. Viewing the source code will also help to see token vesting for the team members for half a year or even more. Unlike the regular investors, who will receive their tokens right away, good teams lock theirs for some time as an insurance of their concentrated work on the project at least for the sake of keeping the token exchange rates high to the moment they will be able to change tokens to actual money.
Most successful ICOs have a strong team behind them, as well as recognized advisors and well-established partners. Their media channels, like Twitter, Facebook, and Telegram should be active and have many followers.
Finally, you should be interested in the token listing on the exchanges. You want to sell them after some time, after all! Best 2018 ICO tokens are often listed on exchanges before trading to sow the intention, sometimes even before the ICO itself, if there is a pre-agreement. That’s the case with good ICO and you should also keep an eye on that.
The 2018 has only started, with even more ICOs appearing out there. Of course, it is to soon to come up with an ICO rating for this year, but we will start it with the top ICO 2018 and will expand the list on a constant basis.
Bankex: $100 mln – https://bankex.com
Bankera: $124 mln – http://bankera.com
Rentberry: $25 mln – https://rentberry.cryptonomos.com
Selfkey: $21 mln – https://selfkey.org/
Medicalchain: $24 mln – https://medicalchain.com/
Envion: $100 mln – https://www.envion.org/
Finom: $41 mln – https://finom.io/