A list of the most successful ICOs in 2018
Anybody with the knowledge about blockchain technology and cryptocurrencies will agree that Initial Coin Offering (ICO) is the most trending topic. Through ICOs, companies raise huge amount of money that enables them to initiate startups that attract investors, and as a result they reap good profits. A successful ICO is determined by factors such as a positive investment rating, a very low risk score, a well-developed social media management strategy, a team of qualified professionals etc. With all this factors in place, such an ICO will raise huge amounts of money for further development and whatever project it initiates, there are high chances that it will be successful.
Industries with successful ICOs include media/social services, healthcare, gambling/gaming, blockchain industry, financial services and trading. We will discuss the most successful ICOs this year so far. Their potential growth, the team behind it and the strength that come with each product are some of the factors considered when doing the analysis.
- Telegram ICO
Telegram Open Network (TON) was launched to solve problems common to all cryptocurrencies and make them more easily accessible. The main objective of TON architecture is to create a wide user base, easy to use interface and allow speed and scalability. TON is flexible which makes it good for use cases such as storage or automated transactions. TON will be linked with the telegram app, which has over 200 million users globally and most crypto-enthusiasts are familiar with it. Telegram raised $1.7 Billion from a private sale of its tokens and did not even need to raise from public.
- Kodak ICO
If you were born in the 90s or before then you have heard or you know of the Kodak cameras that were used then before the evolution of digital cameras and smartphones. This year, the Kodak company launched it coin dubbed KODAKcoin. The main aim of this token is to protect the photographer’s rights using blockchain by enabling them to carry their creator’s information. This will make the information traceable, something that every photographer would see fascinating. The branding of photographs could be almost instantaneous. This promptness combined with internet-connected cameras would prove an invaluable tool to photography professionals.
- COINTED TOKEN
Cointed is a company whose aim is to change money-using cryptocurrency. Cointed has set up a network of Crypto ATMS that can support any currency listed on the exchange. The Cointed company token is called CTD and it facilitates the acquisition of the ATM machines. The ATMs come in two models: one-way and two-way and are highly functional and allow users to exchange cryptocurrency to fiat currency and vice versa. The platform is user friendly and charges low transaction fees.
Cointed Company is an already established company and the ATMs are already operational, this makes their management and technology sound, hence leaving no doubts of whether they can succeed.
Envion is a device that combines solar power, high-tech mining and global community. It is based on electricity prices. Envion’s token is called ENV and it raised over $100 million. The main objective of Envion is to distribute mobile mining gadgets that can make use of cheap energy, generating usable heat and mining cryptocurrencies. All this activities are supervised by their custom-made platform. Envion is setting up an army of miner and will use blockchain network to connect them.
Bankera completed their successful ICO in February this year and are planning to launch their exchange in the second quarter of 2018. The main aim of this exchange is to offer a trading solution for the next level of tokens and cryptocoins. Additionally, the exchange is purposed to provide low fees, offer high liquidity and a transparent order book. Cryptocurrencies to be supported by Bankera include Bitcoin, Ethereum, NEM, and Dash among others. Bankera raised $150 Million from their token sales.
Zeepin is the first customized platform that provides protection, recognition, connection and support for everyone in the creative industry globally. Zeepin completed its token (ZTP) sales this January that raised over $59Million. Zeepin aims at launching a borderless and transparent new economy using its own ZTP cryptocurrency. Zeepin helps in building trust among parties, protect copyrights, form global creative teams and attract funding.
WePower is a blockchain based green energy trading platform. WePower fuels renewable energy production by enabling developers to raise capital by selling their energy production upfront in the form of tradable smart energy contracts. The token sale campaign of WePower successfully raised $40 Million and has an aim of finding solutions to important issues of funds access for energy developers and direct investment access for final consumers. Notably, WePower prioritizes transparency and speed in energy trading and their token can be used for earning purposes and long-term investment.
Electrify is a retail electricity marketplace in southeast-Asia that address the importance of security and transparency in energy consumption. This marketplace will enable energy users in Southeast-Asia to source for energy using Electrify’s peer-to-peer trading platform (synergy) from commercial energy suppliers or buy directly from a private producer. Electrify aims at developing a decentralized energy marketplace that runs in the blockchain. They completed their token sales in March this year and sold tokens worth $30Million.
DAOStack concluded its successful token sale last month, May 2018, with a total token sale of $30Million. DAOStack powers companies that are decentralized to be able to fund, market and make fast and innovative decisions at scale. DAOStack aims at enabling the effective governance of self-organizing collectives and is powered by Ethereum.
Rentberry is a transparent negotiation platform that units tenants and property owners when they are about the business of renting and leasing houses. Involved parties sign an e-signing rental agreement and online rental payments. Additionally, Rentberry provides the ability to submit custom offers.
Rentberry completed its successful token sales in March this year and did a total sale of over $29Million. Today this company offers its users an operational long-term rental platform based on blockchain technology as they are convinced rental space is the next industry to be disrupted by this evolving technology.
The list of successful ICOs in 2018 is endless. They are many and we cannot cover them all in one article. To learn more about the various ICOs that have successfully completed their token sale campaign kindly click here. You can also learn more about ICO marketing strategies.
Investing in ICOs is risk taking. However, when you decide to invest in them, do not forget to put into consideration the product, the team behind it and the community it is targeting.