An ICO (Initial Coin Offering) is a public sale campaign run by a new cryptocurrency startup that wants to raise funds to continue the project.
It is similar to an IPO (Initial Public Offering) where a company offers a part of its shares to early investors. However, there are many differences between the two. If you are looking for the right ICO to invest in 2021, you can find some tips here.
Whether you are investing in an ICO, an IPO or in the stock market, you actually invest in the company’s trust and reputation and not in its shares. So, research about the company first before making any investment.
Features Of A Great ICO
Here are some things to look for while investing in an ICO
Backed by a team of highly experienced, qualified and somewhat famous people and businessmen.
- A bitcointalk.org profile with regular updates and communication.
- A clear project timeline with focus on each stage and the availability of proper documentation, including a white paper, presentation, video, etc.
- Existence in media and on famous bitcoin communities.
- A definite purpose and range of applications of the token
- Limit on the number of coins
- A healthy distribution and development timeline for the token
- Evaluate the White Paper
- Check the quality of the code
What Is The Best ICO To Invest In 2021?
ICO stands for Initial Coin Offering, it was the first crowdfunding option to surface in the blockchain ecosystem. ICOs enabled anyone, from anywhere, to finance the development of a company or project. In return for their investment, investors will receive several utility tokens, or user tokens. These tokens represent future access to a company’s product or service.
Anyone with little technical knowledge can launch an ICO easily. As we stated above, there is not a lot of regulation on ICOs, so if you can establish the technology, you can launch an ICO.
Therefore, of all the funding methods, ICOs are the easiest to set up as a scam. Once ICOs were the most preferred option for fundraising, it was so popular that every company that wanted to raise money for their project or product was blindly choosing it. Because of its popularity, it also becomes a favorite for scammers and fraudulent activities.
But after observing all the risks, companies have taken some steps to make it more secure and trustworthy. ICOs are still happening but with more security and better planning. However finding authentic ICOs is still a job that will require some effort, but to help you in a better way we have prepared a list of best ICOs Projects to Invest in 2021.
Top 5 Best ICO Projects to invest in 2021
There are hundreds of ICOs running currently, they all have their own concept and are aimed at different purposes. Some are valued very high and some are still at the bottom. However, we found 5 best ICO Projects you can invest in 2021 and we listed them below for you.
1. Libra Ecosystem
Libra Ecosystem is a blockchain-based platform developed to solve existing problems and to improve the eCommerce sector. This will help businesses generate more revenue to investors, sellers, and it also allows users to transact via cryptocurrencies in a secure environment. The platform has Libra Coin and Libra Wallet.
The project aims to add more payment options to e-commerce, especially payment modes that accept Ethereum based cryptocurrencies. The project will provide financial support on the one hand, and on the other hand, it will eliminate middlemen from the complete system. The project will also reduce the price of goods and services while keeping the sellers at a profit. Libro IEO provides a great opportunity to generate a good return on your investment.
Official Website: https://libraecosystem.com/
Coin Price: $0.4206
2. POICoin ICO
POICoin is Africa’s first coin in value exchange and empowerment, and aims to revive Africa’s dying economy. It is an Ethereum-based token that costs $0.25 on an IEO and $0.15 on its own ICO. The ICO project is solving some of the common and well-known problems of the African continent. It incorporates the latest technology to bring together existing and new blockchain users and then give them better access to finance, markets and the ecosystem with dApps.
PoiCoin users and almost every part of the POICoin ecosystem will make better profits and get easier access to finance for their business and a marketplace. Additionally, they will have access to all goods/services and can pay using PoiCoin through the dashboard or DApps.
Current Value: $0.15
Buy POIs: https://poicoin.net/
3. SOUL Token
The SOUL token (SLT) is essentially a charity token, designed to help communities around the world. The SOUL team uses the transaction fees collected from users who invest and trade in tokens to contribute to official charities around the world.
The SOUL token is a DeFi token based on the Binance Smart Chain. As a community-powered token, they designed it to help contribute to charities. The token helps investors increase the value of their funds through buying and holding.
Crypto investors willing to invest in a significant project with a long-term perspective can buy SOUL tokens to hold and make profit.
Coin Price: $0.0000036
4. AiChain ICO
AiChain is the combination of artificial intelligence and blockchain technology. It is a smart block chain based marketplace for trading digital goods and assets tailored to the interests of the AiChain community. It facilitates automatic matching of buyers and sellers through an artificial intelligence approach.
AIchain is the project that can play a vital role in making this digital revolution smart. It is a long-term project that aims to improve, simplify and make Artificial Intelligence and Machine Learning development accessible to students and developers. The project combines traditional and smart contracts, block chains and a futuristic idea of connecting people and operating by analyzing users’ preferences.
5. ENEDEX
This is the first Polkadot Moonbeam Crosschain DEX for energy derivatives for trading and launchpad for renewable energy projects. ENEDEX enables a market for miners to securely issue collateralized synthetic assets, a market for traders to gain exposure to them, and a platform for entrepreneurs to develop new projects speeding up the energy transition creating a sustainable environment.
Coin Price: $0.05
Source: www.coinideology.com