Top Successful ICOs, Worth To Have a Glance
ICO, abbreviated as Initial Coin Offerings, is one of the buzz words of 2017.
The market for ICOs has been experiencing a great boom these days. Blockchain projects have increased above $1 billion from the beginning of the year simply by distributing their personal digital tokens to venture capitalists, who want to back their business strategy, product, or service.
Most of these digital tokens start to increase their value when they are used in digital transactions. Not every ICO token has performed well, there have been topmost 5 digital currencies that were launched over ICOs that have coped to become marvelous outperformers in the digital currency cosmos. Based on the investigation done by ICOStats, these are the top 5 ICO tokens, which are proven to be most successful based on Return On Investment (ROI)-
4. NEO (formerly AntShares)
1. NXT (1,477,000 Percent ROI)
NXT project is one of the biggest standing blockchain technology projects today. NXT project was launched in the month of November by an unknown developer named BCNext.
NXT had held an ICO on the BitcoinTalk Forum in September 2013, where it had succeeded to raise about $16,800 worth of bitcoin to start its open source blockchain platform that exploits the proof-of-stake harmony mechanism for its innate digital currency –called as NXT.
It was majorly built as a blockchain platform for financial and applications services. NXT has its own messaging system, asset exchange and a market that enables anybody like small companies, corporations, and banks to progress their own blockchain applications.
During the ICO back in the month of September 2013, one NXT coin was sold for $0.0000168 and now the value is $0.249 per coin. It shows that NXT has made a great ROI for its investors of beyond 1,477,000 percent, simply by making it the utmost profitable ICO coin of present day market.
Why This Worked
NXT was one of the first service platforms of blockchain and has managed to build a strong communal of devoted developers, and has endured the test of time to be the most active blockchain projects currently. In way of rising interest for blockchain benefits, NXT is well-positioned to deliver the best that is reflected in the worth of its digital currency.
2. IOTA (332,500 Percent ROI)
IOTA is developing a transactional IoT settlement layer just by joining elements of blockchain technology with Internet of Things.
IOTA token is the major digital currency that will not use a complete blockchain to make transactions. As an alternative, IOTA makes use of a Tangle that solves both scalability and transaction fee concerns confronted by digital currencies like bitcoin by necessitating the person who sends capitals to make a verification at the same time he or she directs the funds. This completely decentralizes the complete ledger used to maintain IOTA transactions and generates a zero-fee transaction structure, as no fees essential to be paid to the members in the system to validate transactions.
IOTA made its initial coin offerings in November and December 2015 and has managed to rise above $400,000. Throughout the crowdsale, IOTA coins were sold for less than $0.001 and one billion IOTA tokens were retailed through the ICO.
The IOTA (MIOTA) token had started trading openly on exchanges about one a half years later on 13th June, 2017, at a value of $0.63. Now, the cost of one IOTA token is $1.43 that marks around 330,000 percent return on investment as the initial coin offering in the year 2015.
Why This Worked
IOTA is mounting its own cryptography and is moving cryptocurrencies to the next level by letting zero-free digital currency transactions without the necessity for an actual blockchain. This eases most of the scaling concerns that blockchain-based digital currencies typically face and thus lets the use of its digital currency on a much bigger scale. Hereafter, it could be used for IoT networks that is the project’s major aim.
3. Ethereum (152,500 Percent ROI)
Ethereum is an open-source, public distributed ledger platform that consents for the establishment of smart contracts and decentralized applications (DApps). The Ethereum project was launched in the year 2013 by Vitalik Buterin and from there it has grown into one of the biggest blockchain projects in the present market.
Ethereum project’s smart contracts platform has assembled a lot of attention from a broad range of industries since it could possibly be used to streamline and digitize inefficient business procedures in the coming future. This is the reason why Ethereum’s digital coinage Ether has perceived such a marvelous increase in value from its launch.
Ethereum project had its ICO in 2014, where it had sold around 11.9 million ether tokens to rise $16 million. Ether’s price at the time of the crowd sale credited to $0.311.
Ether token carries the ticker ETH and has turned out to be the secondmost largest digital currency as per market capitalization. By November 29, 2017, Ether’s price was $519.85. Now, ether was trading at $472.50 that marks around 152,000 percent increase in its value from the start.
Why This Worked
Ethereum project was built for the development of smart contracts and decentralized applications, which have the prospective to become innovative technologies in both public and private sector. Because of Ethereum network ’s high potential for mass implementation, its digital currency has grown much value from its launch.
4. NEO (previously AntShares) (114,000 Percent ROI)
NEO is one of the famous ICO, that was rebranded from AntShares, which is a Chinese blockchain startup that is evolving a blockchain for digital ability ownership. NEO’s intention is to form a blockchain that signifies legal proof-of-ownership that is well-recognized by the wider society. The project has accomplished to gather a lot of responsiveness from the bitcoin communal for joining both smart contracts and digital assets to form a “smart assets platform”.
NEO had conducted its ICO in the month of October 2015, where it had sold 17.5 million tokens and has managed to raise about $550,000, where ICOs were quite a newfangled phenomenon in the digital transactions market. NEO token that carries the ticker NEO, was launched in 2015 with a worth of $0.032.
Again, in September 2016, NEO had held a second crowdsale to finance the expansion of its platform. In its second coin offering, NEO has sold around 22.5 million tokens and has managed to raise about $4.5 million.
Now, the NEO token cost is $36.20. This marks a striking 114,000 percent convention from its first crowdsale in the year 2015. By August 14, 2017, NEO’s price was $48.01.
Why This Worked
NEO is the China’s first public blockchain ventures. Thus, it has managed to gain more attention from the investors as China is a marketplace with big potential for blockchain solicitations but, at the similar time, it is a market hard to enter for foreign commerce. NEO is, thus, being professed as a promising blockchain venture that can fund on its local first-mover benefit. This is valued into its token.
5. Stratis (81,000 Percent ROI)
The Stratis is a startup that provides a blockchain service-oriented platform intended at financial organizations that wish to create business solutions by using blockchain technology. The UK based company has assembled a development platform named nStratis that lets enterprises to progress customized blockchain applications and form their own personal blockchains by using Stratis’ blockchain as the basic network.
As the startup’s growth tools are essentially targeted at Microsoft products, Microsoft has placed the Stratis’ Blockchain-as-a-Service (BaaS) to its Azure cloud service that is targeted to businesses that wish to build in-house blockchain resolutions.
When Stratis project had held its ICO in June 2016, the firm has managed to raise about $600,000 value of digital currency that was reckoned as a big success for the mission.
Stratis’ token transmits the same name and originates with the ticker (STRAT). It was distributed at a price of $0.007 per token.
The stratis token’s high price was $11.47 marked on June 5th, 2017. Now, Stratis cost is $5.90. That grades an 81,000 percent return on investment for initial token holders in a single year.
Why This Worked
The players behind Stratis has urbanized one of the world’s prominent blockchain-as-a-service platforms that has the potential to be embraced by a big range of companies and public sector organizations. The value of its digital token imitates this potential.
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