What are the Most Successful Initial Coin Offerings of All Time?

Most initial coin offerings (ICOs) fail to see the coins they launch achieve meaningful success, and a large percentage of those that do succeed turn out to be scams. However, investors keep a close eye on the ICO market for the next big thing. They could be well to look for ICOs that are most similar to the most successful ones in terms of design. On this page, we'll take a look at some of the most notable ICOs ever.

What are the Benefits of ICOs

When it comes to starting or expanding a business, ICOs can provide several advantages. Initial public offerings (IPOs) and other forms of capital raising have high entrance requirements. Once you get the hang of it, starting a currency for a project is relatively straightforward. The following are just a few of the many benefits of ICOs.

• The Token Sale Is Open To All

• You Can sell tokens All Over The World

• Token Liquidity Premium in the Economy

• Reduction in the Entry Barrier

• The Business Model That Beats the "Free" Business Model

• Instant Buy-in

What are the Best Initial Coin Offerings of All Time?

· NEO

Known initially as NEO (NEO), It is a Chinese open-source blockchain project. China's Ethereum is one of the most common, but it's not an official name—it's a nickname. Smart contracts and decentralized trade are two of NEO's distinguishing features.

Due in no small part to the support of the Chinese government, Microsoft Corp. (MSFT), and other big corporations, the company had an enormous ICO. If you were willing to put money into NEO when it was just over 3 cents, you could make a lot of money over the years if you were patient. 1 NEO was trading at around $40 on September 27, 2021.

· Ethereum

Ethereum is one of the most successful ICOS. The second-largest digital currency, in terms of market capitalization, is Ethereum. Ethereum is digital money and the foundation for decentralized applications that use smart contracts, whereas Bitcoin is only a cryptocurrency.

On September 27, 2021, the price of one Ether token was $3.128, a handsome return on investment (ROI) for those who bought it during the ICO. At its inception in November 2016, Alias Alias went by the name of "Spectrecoin" because of its emphasis on privacy.

One of the advantages of the coin is that it may be transmitted and received anywhere in the globe anonymously. However, Alias has yet to get into the mainstream since it pushes the limits of what governments are ready to accept from digital currencies. A $0.001 investment made at the end of 2016 during the ICO would be worth about $0.15 on September 27, 2021, a considerable return on investment.

· Stratis

Stratis is another currency that has yet to make it big in the digital currency world. The company, situated in the United Kingdom, takes excellent satisfaction in offering a platform that can be used with a wide range of programming languages, making it simple for companies to develop their specialized apps.

That Microsoft (MSFT) supported, the Stratis ICO resulted in a massive success for the token sale. Over five weeks, the initiative raised approximately 1,000 BTC, and individuals paid just $0.01 for each token. The cryptocurrency's value will be $1.89 on September 27, 2021.

· Ark

Ark was created with efficiency in mind. The digital currency platform enables this to integrate different cryptocurrencies into the network's blockchain quickly. When it comes to Ark, it's hard not to think that it was meant to succeed.

During the ICO, each token costs just $0.04. As of September 27, 2021, one Ark token was trading at $1.60 per token, down from approximately $11 at its peak.

· NXT

BCNext, a developer that goes by the name of NXT, created the platform in 2013. Since its inception, this has been one of the most successful initial coin offerings (ICOs). NXT was built to serve the financial services industry as a blockchain platform.

At the ICO, the NXT development team earned around $16,800 in bitcoin by selling tokens for just $0.0000168 each.

The money raised was utilized to further the platform's in-house currency. NXT tokens reached a high of $2.15 apiece at their peak. NXT was trading at just about $0.01 on September 27, 2021. 8

In several of the above ICOs, the tokens themselves aren't well-known at this time. Timing a sale of cryptocurrency tokens is nearly impossible, given the wild price swings that have accompanied bitcoin's meteoric rise and decline.

Identifying which fresh initial coin offerings (ICOs) are likely to have the same success level as the ventures mentioned above might be even more difficult for the budding investor in digital currency.

· Filecoin

With the promise of creating a decentralized data storage marketplace as disruptive as Airbnb has been for hoteliers, Protocol Labs received $257 million in September 2017. Filecoin's token debuted at $26 and peaked at $63 before dipping to $31 in October 2020; when trading on FIL, the anticipated project finally launched.

More than an exabyte of storage capacity (more than 500 times more data than is housed in all US research libraries) has been committed to Filecoin by users in exchange for tokens. The company's CEO, Juan Benet, started last November.

· DragonCoin

For Dragon Coin (DRG), an online casino payment system for Southeast Asia, Macau-based Dragon Inc. sparked an ICO in March 2018. A $320 million rush by both retail and institutional investors to buy in what appeared to be an unregulated gaming coin.

The New York Times reported that Cambridge Analytica, a notorious political consulting firm, was at the core of Dragon Coin's promotion effort. Dragon's well-known relationships, including one with Visa, were also exposed as shams in a piece published by The New York Times. Dragon has disputed the statements made in the press release.

· EOS

Blockchain startup Block sells EOS, a digital currency token. Within five days of offering its ICO, one company has amassed USD 185 million in funding. It began trading at USD 0.925 and quickly rose to almost USD 5 within a few days of its initial introduction.

As a replacement for the Ethereum blockchain network, EOS gives app developers database access, account permissions and scheduling capabilities. Its extensive ecosystem makes it possible for developers to work without being concerned about the implementation of complex cryptography.

Conclusion

Prices of cryptocurrencies have been volatile, increasing and plummeting at the drop of a hat. Cryptocurrencies are here to stay for the time being. An issuer may have difficulty timing the sale of tokens to maximize funding for their initiatives, but if they give value and do not rely on luck, they can boost their chances of success with ICO.