Initial coin offering refers to a fundraising project similar to an initial public offering for stocks. It emerged with the rise of the cryptocurrency market and served to promote the projects surrounding new cryptocurrencies and tokens. It doesn’t have to be directly linked to the launch of a new cryptocurrency. Successful ICO projects have the potential to significantly impact the market, providing valuable opportunities for both the project and its investors.

More and more often, projects are promoting the launch of new technology, software and online service. The owners of digital tokens related to projects become the owners of capital in a startup company that stands behind these projects.

Ethereum is considered one of the most successful ICOs. As per the latest reports, there were thousands of successful ICOs so far, but the truth is that rare are the projects that reach that level of notoriety as Ethereum. Among the most successful are also IOTA, NEO, Stratis, EOST projects.

Where to find the right ICO- ICO listings sites

But how to spot the right ICO and where to find concise information about them? Well, it’s quite easy to find the ICO for your future investment.

There are a plethora of specialized websites, the most popular being the Coinmarketcap. In their ICO calendar, you can check the recent ICOs, ongoing projects and details related to the project’s start and end date, initial market cap, link to the project website, community and developers behind the project, audit reports and many more.

What makes a successful ICO?

Similar to an IPO, the ICO project needs to state the maximum amount of coins planned to issue, the team members working on the project, as well as the business model and the product behind it.

Early investors involved in the projects can also be a guarantee for the success of a project, as well as the number of coins allocated to the founders. A detailed overview of the ICO needs to be presented in the White paper document.

Are ICOs still popular?

Yes, they are. Although ICOs are not as popular as they were a few years ago, they still exist. This shift means that project quality is improving. It also shows that the cryptocurrency market is consolidating. Successful ICOs signal market maturity. In contrast, failed projects make investors and the public more cautious. But when ICOs succeed, they show the potential to drive innovation and growth in the crypto space.

Some of the upcoming ICOs to consider

Concerning the success factors we mentioned before, here is the list of the best ICOs in 2021 to consider.

• The first is Scaleswap, an ICO project to harness the power of the EThereum network. The sale of the token takes place in July 2021 via their website.
• (DEX) platform DeversiFi enables anyone to have access to DeFi opportunities on Ethereum. It enables users to provide liquidity, trade and invest, and earn interest based on their investment.
• The Axia coin ICO project allows users to participate in the financial markets by changing the way investors interact with money by eliminating socioeconomic barriers.
• DeFiCity is an upcoming ICOs and gaming platform that allows borrowing from the popular VR platform Decentraland aiming to gamify yield farming.
• Qredo (QRDO) represents a decentralized protocol enabling encrypted trade negotiations.

How to buy and ICO

Once you read the project’s white paper and confirm it meets your investment criteria, the process is simple. First, buy Bitcoin or Ethereum. Then, go to the project’s official website and transfer your crypto to your wallet. To purchase ICO tokens, send your crypto to the project’s address. Always use the official ICO website to avoid scams. Before buying, carefully review and double-check all information related to the project launch.