Best ICO, IEO, IDO List 2021- Top Ongoing and Upcoming Token Sales
Initial Coin Offering or ICO is a fundraising platform for investors or individuals who offer a unit of their cryptocurrencies in exchange for their bitcoins or Ethereum. The main idea is to raise funds for their business operations and its development. There are many ongoing and upcoming ICOs which makes it difficult to identify scams and choose the Best ICO to make an investment. In this article, we have listed some handpicked and best ICO in 2019-20.
Do you know What is STO? Similar to ICO it is another fundraising mechanism.
In the present scenario, ICOs are gaining its popularity rapidly as it is considered a faster and cheaper mode of fundraising than the traditional mechanisms. Another important feature of ICOs is its liquidity, the returns are much faster and higher and thus it is often considered to be much more profitable.
Best ICO, IEO, IDO List 2021- Top Ongoing and Upcoming Token Sales
Token sales are Initial Coin Offerings or ICOs that are used to issue new cryptocurrencies in exchange for old and existing crypto coins. Ethereum blockchain was the first to offer ICOs on smart contract platforms. ICOs are crowdfunding platforms to generate new cryptocurrencies for funding new projects. They are mostly done to buy new Bitcoins or Ether. They are now popularly known as ITOs or Initial Token Offerings and STOs (Security Token Offerings) for generating securities.
How does it work?
To participate, you first need to register for a cryptocurrency exchange. The registration process may take some time as they need KYC or AML verification. Then set up and connect your crypto wallet to the exchange. Most token sales are done on the Ethereum blockchain. So, choose a wallet that supports Ethereum like MyEtherWallet or MetaMask. You can also connect your web wallet to a hardware wallet like Trezor or Ledger Nano for the safekeeping of your funds.
ICOs do not accept fiat currencies. If you do not have cryptocurrencies, you can transfer some money from your bank account and exchange them for bitcoin or Ether to your cryptocurrency exchange wallet.
For participation in ICOs, you have to pay a token amount as transaction fees. After the ICO sale ends, the tokens will be transferred to your account wallet and you may need some days to redeem your tokens.
Here we have listed the top ICO exchanges for token sales.
APIS ICO
The APIS blockchain protocol is a platform for integrating decentralized application development and blockchain consulting. APIS is layer one and two-agnostic that helps it to integrate with several blockchain platforms like Ethereum, Binance, Solana, etc. API is the utility token of the platform. API stakeholders can earn staking rewards and also participate in the governance protocol of the platform. In November 2020, APIS released 10 million API tokens in the ICO.
CrossPad
CrossPad is a multichain platform for EVM blockchain fundraising. It is a single platform for cross-chain communication between several blockchain ecosystems like Ethereum, Huobi, Binance, MATIC, etc. Furthermore, CrossPad allows you to synchronize multiple wallets on a single platform so that you can stake, swap, and exchange cryptos, and earn rewards. The APIS platform has an intuitive interface, a ‘no-fee bridge’ for managing your funds, launching dAPPs, and stake tokens from multi-chain pools. CrossPad has recently announced its IDO launch from May 2, 2021, till June 2, 2021. The ICO will presumably initiate a token sale of 27,500,000 at a $0.02 price.
Smartlink
Smartlink is a decentralized end-to-end escrow payment platform where you can buy, sell, or swap cryptocurrencies. The Web 3.0 platform is built on the Tezos blockchain network and offers various escrow tools and services at low fees. The platform is scalable and highly secure that leverages instant processing of payments. SMAK is the native token of Smartlink. Users staking SMAK tokens will get escrow fee exemption and earn rewards. Smartlink ICO is scheduled to be launched on May 5, 2021, and will end on June 30, 2021. It anticipates raising a token sale of $2,000,000 at a $0.01 ICO price.
Genesis Shards
Genesis Shards is a permission-less DeFi platform based on Polkadot that issues non-fungible tokens (NFTs) and offers cross-chain liquidity for pre-IDO (initial DEX-offering) tokens. $GS is the utility token of the Genesis network. $GS token holders can get a reduction in transaction fees and give governance power to members based on the amount of token holding. In March 2021, Genesis reportedly raised $2.7 million to launch in its pre-IDO marketplace.
Subsocial
Based on Web 3.0 technology, Subsocial is a decentralized web UI to launch marketplaces and popular social networks that are censorship-resistant without the monopoly of global censorship. Subsocial works on the Substrate blockchain network and allows cross-chain communication with other blockchain networks like Polkadot, etc. Subsocial wishes to raise an ICO cap of $500,000 at a $0.175 price.
ECO
The ECO ICO was an online event that was hosted in Dublin, September 2020. The event was organized online due to pandemic restrictions, but nonetheless, it was a successful one. Built on the Ethereum blockchain, the Eco app can be downloaded into your mobile phone where you can take part in token sales. ERC20 is the utility token of the platform. Online registration fees are very low, so anyone can take part. ECO has raised $26,000,000 in the past and the future seems very promising.
