ICOs raised nearly US$ 5 billion over the entire year in 2017, while in 2018, US$7.8 billion have been raised already[1]. Clearly, ICOs have emerged as the new age crowdfunding and the number of companies who are choosing to take the ICO route for fundraising are on the rise. Without a doubt, the cryptocurrency token is ‘the new thing’ all over the world. Though many ICOs surfaces every now and then, not every one of them has the potential to make you earn billions.
Let’s take a look at some of the best ICOs of 2017 and 2018. Several companies that launched their ICOs in 2017 mainly focused on the exchange between various cryptocurrency tokens. However, since the year 2018, a lot of innovations have been witnessed.
#1. Global Jobcoin
As the name itself gives some hints, Global Jobcoin acts as a payment solution in the employment platform. After being integrated into leading job portals, these tokens can be awarded and transferred as payment for contractual and freelancer services.
Success formula:
It is a project with ongoing progress, with success in several European countries. Through this ICO, they thrive to expand it worldwide. Its enormous potential is likely to contribute towards its huge success.
#2. Worldcore
Having a Worldcore account is likely to resolve the gap between every currency module. This digital financial institution will facilitate monetary transfer between electronic currency, fiat currency or cryptocurrency with few clicks.
Success formula: This Czech Republic-based company was established in 2015 and handled over 100 Million transaction volume till now. It is likely to achieve noteworthy success all over the world as well.
#3. Utrust
Utrust adds all the benefits of cryptocurrency to the current payment transaction module. This interface facilitates the user to make purchases and transactions in both physical and online platforms. The consumer-protection feature freezes the payment, made by the consumer until the entire transaction is completed, i.e. the product/service is delivered to the consumer.
Success formula: Despite having few competitors, the future of Utrust is certainly positive as it provides the consumer with protection. Despite their extensive security, in case a payment conflict arises, the company will interfere and resolve the same. This competitive advantage is likely to attract more consumers than its competitors.
#4. Filecoin
It is considered as the most successful ICOs of 2017 due to its exceptionally high fundraised amount. The $257 Million is certainly a noteworthy figure. Filecoin is a project revolving around the data storage utilization. The party allowing other parties to store backup/data on their server or computer will receive Filecoin as payment.
Success formula: Sharing and safekeeping of data is something people do among peers to peers. Making money out of it is certainly a unique concept that made it a huge success. Sharing unused storage is all one has to do in order to become a Filecoin miner.
#5. TenX
The ultimate payment gateway for every traveller out there. This platform will enable transaction among several virtual currencies over various blockchains. This card will unlock every payment issue one might face, particularly while traveling. Sending and receiving fund on a global scale is just a few clicks away.
Success formula: Cryptocurrency is likely to rule a significant proportion of overall currency in the world. Therefore, the need for real-time transactions is extremely crucial. Locking/ unlocking feature and 0 % conversion fee makes it a huge success.
Now, let’s roll on to the current year 2018. As per the survey conducted by ICO Rating Agencies, the estimated number of cryptocurrencies emerging in 2018 is likely to surpass that of the previous year. The Quarter 1 of 2018 itself has already witnessed several ICOs with unique ideas and business plan.
#1 TON [TELEGRAM]
Telegram Open Network or shortly abbreviated as TON launched GRAM token in the year 2018. It aimed to be integrated with the Telegram app to act as a single, un-substitutable digital wallet for online payment.
Success formula: TON is likely to be a success, as its building block, the messaging app Telegram, has 200 million active users and plans are on to extend the blockchain based platform into a range of services like payments, file storage, censor-proof browsing and decentralized apps that will be hosted on the platform. Collaborating several blockchains will eliminate the need for shuffling between multiple platforms. It will act as a singular universal interface for online payment, a winning concept, all the way.
#2. COINTED TOKEN
Cointed Token is all set with real potential. This ICO strives to provide the ultimate bi-directional interface between cryptocurrency and fiat money, for a minimal charge.
Success Formula:
Cointed Token has potential to make you earn millions, as it is not a project still struggling with blueprints and great ideas. It has already surpassed its initial stages. Several Crypto ATM machines are already established in Austria and other European countries. It is only a matter of time before it reaches its full potential.
# 3. Envion
Envion is one of its kind mobile mining unit that strives to resolve the issue of the power crisis. The mobile mining project will address the mismanagement of electricity generation in power plants with the help of the cryptographic blockchain system.
Success formula: The severe consequences of depletion of natural resources can be clearly seen all around us. With climate change seemingly a reality, renewable and sustainable energy projects are sure to rule the world in the upcoming years.
#4. CryGen
CRYO token is being issued to ensure the perfect preservation of human organs. This will include cryogenic retention and preservation of DNA, tissues, organs and even the entire bodies. This can be used in future for donation or grafting.
Reason for its success-
Cryogenic preservation has been a thing of sci-fi movies in the past, but with the right motivation, its potential is huge. The Eurasian Company KrioRus is all set to make it happen in near future. Upon completion, its scope will be huge and desired by every capable individual.
#5. KODAK ICO
Kodak Coin is all set to resolve the ever-growing issue of copyright infringement in the realms of photography. The blockchain structure will ensure that every worthy snapshot is registered in the database along with photographer’s digital right.
Reason for its success-
Photography is becoming more than just a hobby, and more of a passion these days. But sadly, this paradigm shift is somewhat being infiltrated by copyright infringement. Kodak Coin is certain to be a success due to its unique idea and enormous potential.
Before investing in any ICO project, going through its Whitepaper and analysis of its potential in terms of the returns it offers on investment; in depth; is extremely crucial.
References-
http://bitcoinist.com/5-best-icos-2018-might-make-millionaire/
https://icostats.com/roi-since-ico
[1] https://cryptoslate.com/most-successful-icos-of-2018-so-far/
