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Home Blog Page 3565

Fixing Nigeria’s Illusion And Making It A Real Giant [video]

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Statistically, if you are supporting 5 children on a salary of $1,000 per month, you will struggle to provide them better support than someone who  supports three children on a monthly salary of $10,000. In other words, despite how prudent you could be on that $1,000 salary, there is a ceiling on that financial management efficiency.

That takes me to Nigeria where despite having 3x the population of South Africa, South Africa spends close to $100 billion more than Nigeria. To be honest,  even if Nigeria judiciously manages the $33 billion, it will struggle to catch up to deliver decent services to what South Africa does. Of course, with SUVs, yachts, etc as priorities, the “little” $33 billion does not even get into the right things. And that is the national tragedy.

Of course, this is not to say that $33b is not a lot. My point remains that Nigeria needs “effective growth” so that it can have resources to advance its citizens. Why that word “effective” before “growth”? I am not talking of just GDP growth which tracks the aggregate of production activities for finished goods, I am talking about formalizing the economy.

Nigeria does not have effective growth and that is why even though our GDP could be higher than South Africa’s, they have resources to spend more than we. Their market capitalization as a share of GDP is about 280% while Nigeria is below 30%. With that, the market cap of one South African bank can buy all the major banks in the Nigerian stock  exchange, and one South African company can use less than 50% of its value to buy every company listed in Nigeria’s stock exchange!

How do we get Nigeria back? I have shared some ideas here.

Merit-based system – no nation has advanced better than its ability to inspire, motivate and reward via merit. Without a nationally transparent merit-based system, Nigeria cannot progress.

Pragmatic Innovation – focus on what works, over the purity of scoring political goals. The implication is that we have to seek and execute the best ideas irrespective of where they may be coming. I gave an example of how the same team of Central Bank leaders who kept our exchange rate stable for years, within 2012 to 2015, blew it up later. Yes, we must allow data to work and follow the best ideas.

Honest Leadership – the citizens are smarter and can only take cues from their leaders. People willingly pay taxes when taxes work in their lives, they say. If we preach one thing and do another thing, you lose the citizens.

Integrate Rural and Urban Nigeria – we need to have a functioning postal service, to bridge the huge gap between rural and urban Nigeria. I explained how years ago, secondary school kids used to have American and European pen pals, relying 100% on NIPOST. A reliable postal service will unlock massive latent opportunities across Nigeria, from agro to arts to entertainment, in this globalizing world.

Put Rural Wealth in Nigeria’s Balance Sheet /Property Rights – those lands (subject to the land use act), houses, etc should be digitized and recorded so that even those in rural Nigeria can enter the formal economy. It is unfortunate that a man with 100 hectares is considered poor because he has no papers to share with banks, to access credits to train his kids and support his family. Simply, Nigeria must advance its property rights governance, not just in land and physical properties but also intellectual properties.

Comment on Feed

Comment 1: While what you posit is evidently true. How does a nation achieve effective growth, economic-wise? If the nation refuses to allocate the scarce resources it has in the direction of the desired growth, can she grow?

Growth believe is a two-way factor. In agriculture, water and sunlight is needed for plants to grow, but in the desert where you have abundant sunlight, lavishly allocated, plants find it difficult to grow. To grow plants in the desert, it would require a higher level of thinking to develop a controlled environment where the abundance of the sun doesn’t hinder the growth of the crop.

Nigeria’s problem is not lack of resource to engineer growth. I think we have too much. Probably more than we the citizens are aware of. That can be the only reason why our leaders will prefer to buy yachts and SUVs rather than invest in the critical sectors of the economy for tomorrow’s growth.

Comment 2: To put the gap in better context, Nigeria’s 2024 budget per capital is $165, while that of South Africa is $2,225 using Prof’s posted figures. Now you see how huge the gap is. Not adding the fact that Nigeria’s budget is hardly 70% implemented.

What I Told The Senator!

Development and Education Budget – and How Nations Rise

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One of the indicators that can reveal the level of development of a country is the way it allocates its education budget. Education is a key factor for economic growth, social cohesion and human well-being.

However, not all countries invest in education in the same way or with the same efficiency. In this blog post, we will explore some of the aspects that determine how the education budget is spent and what are the implications for development.

The first aspect to consider is the size of the education budget. According to UNESCO, the global average public expenditure on education as a percentage of GDP was 4.8% in 2018. However, there is a wide variation among regions and countries.

For example, Sub-Saharan Africa had an average of 4.5%, while Europe and North America had an average of 5.1%. Within each region, there are also significant differences. For instance, Norway spent 7.9% of its GDP on education, while Greece spent only 3.5%. These figures reflect the different priorities and capacities of each country to invest in education.

The second aspect to consider is the distribution of the education budget among different levels and types of education. Generally speaking, countries that spend more on pre-primary and primary education tend to have higher enrolment rates, lower dropout rates and better learning outcomes. These are the foundations for lifelong learning and skills development.

On the other hand, countries that spend more on tertiary education tend to have higher innovation rates, higher productivity and higher income levels. These are the drivers for economic competitiveness and social mobility. However, there is no optimal formula for allocating the education budget. Each country has to balance its short-term and long-term needs, as well as its equity and efficiency goals.

The third aspect to consider is the quality of the education spending. This refers to how effectively and efficiently the resources are used to achieve the desired outcomes. Quality of spending depends on many factors, such as governance, accountability, transparency, management, monitoring and evaluation.

It also depends on how well the education system is aligned with the labour market and the society’s needs and aspirations. Quality of spending can be measured by indicators such as student-teacher ratio, teacher qualification, learning materials, infrastructure, student assessment, etc.

How the education budget is spent is a sign of underdevelopment or development of a country. It reflects not only the number of resources available, but also the vision, strategy and performance of the education system. A well-spent education budget can contribute to economic growth, social cohesion and human well-being. A poorly spent education budget can lead to wasted potential, social exclusion and human suffering.

Franklin Templeton’s Spot Bitcoin ETF Delayed till January 2024

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The US Securities and Exchange Commission (SEC) has postponed its decision on whether to approve a spot Bitcoin exchange-traded fund (ETF) proposed by Franklin Templeton, one of the largest asset managers in the world. The SEC announced on Tuesday that it would extend the review period for the Franklin Bitcoin ETF Trust by another 45 days, pushing the deadline to January 26, 2022.

The Franklin Bitcoin ETF Trust aims to provide exposure to Bitcoin by holding the cryptocurrency in a segregated custodial account and tracking the performance of the Fidelity Bitcoin Index PR. The ETF would trade on the NYSE Arca exchange under the ticker symbol FBTC. Franklin Templeton filed its application for the ETF in September, joining a growing list of firms seeking to launch a spot Bitcoin ETF in the US.

However, the SEC has not approved any spot Bitcoin ETFs yet, despite receiving dozens of applications from various companies. Why is that? The main reason is that the SEC is concerned about the potential for fraud, manipulation, and investor protection issues in the Bitcoin market. The SEC believes that the Bitcoin market is not sufficiently regulated, transparent, or mature to support a spot Bitcoin ETF. The SEC also worries that a spot Bitcoin ETF may expose investors to additional risks, such as hacking, theft, or loss of access to their Bitcoin holdings.

In contrast, the SEC has recently approved several futures-based Bitcoin ETFs, which track the price of Bitcoin futures contracts rather than the underlying asset. These ETFs have attracted significant interest from investors, with the first one, ProShares Bitcoin Strategy ETF (BITO), reaching over $1 billion in assets under management in less than a week.

The SEC considers futures-based Bitcoin ETFs to be less risky than spot Bitcoin ETFs, because they rely on regulated and transparent futures markets, rather than unregulated and opaque spot markets. Futures-based Bitcoin ETFs also do not require the ETF provider to hold or custody any physical Bitcoin, which reduces the operational and security challenges.

The crypto industry and investors are eagerly awaiting the SEC’s verdict on spot Bitcoin ETFs, as they are seen as a more direct and efficient way to gain exposure to the cryptocurrency than futures-based ETFs. Spot Bitcoin ETFs would also lower the barriers to entry for retail investors, who may not have access to futures markets or may not want to deal with the complexities and risks of futures contracts. Spot Bitcoin ETFs would also create more demand for physical Bitcoin, which could have a positive impact on its price and liquidity.

However, some analysts and experts have cautioned that spot Bitcoin ETFs may not be approved anytime soon, as the SEC may want to see more regulatory clarity and oversight in the Bitcoin market before giving its green light. The SEC may also want to coordinate with other regulators, such as the Commodity Futures Trading Commission (CFTC) and the Financial Industry Regulatory Authority (FINRA), to ensure a consistent and comprehensive regulatory framework for crypto assets.

Additionally, some legal challenges may arise from the classification of Bitcoin as a commodity rather than a security, which could affect the jurisdiction and authority of the SEC over spot Bitcoin ETFs.

Future Promising Coins in November 2023 and How to Find Them

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The coin market is growing every day as new projects are constantly released. In particular, the coin market in 2023 recovered more than 2 trillion won in losses from 2022.

Many investors are looking forward to newly launched platforms that are expected to generate significant profits in the short and long term.

If you are looking for a promising coin for the future, take a close look at the projects covered in this guide. In this guide, we introduce projects that have high growth potential and are worth investing in. Let’s take a look at promising coins in November 2023.

Promising Coins This Year

  1. Bitcoin ETF Token (BTCETF) – ERC 20 coin closely related to the SEC’s approval of the Bitcoin spot ETF. You can maximize your profits with a high APY.
  2. Bitcoin Minetrix (BTCMTX) – A promising coin project that uses a new mechanism that allows ordinary users without special knowledge or equipment to mine Bitcoin. You can stake $BTCMTX tokens and mine Bitcoin. After pre-sale began, more than $100,000 was raised in a short period of time.
  3. Meme Kombat (MK) – A new ERC20 coin that lets you battle in the arena with meme coins. Graphics were created using cutting-edge AI technology to add vitality. A promising coin that has introduced a new model to the meme coin industry and is expected to see explosive growth.
  4. TG.Casino (TGC) – A new casino platform with a current APY of 3,395%, no KYC verification required, and fast deposits and withdrawals. It raised $150,000 in just 24 hours of pre-sale. A promising coin that has brought about innovation in the casino industry with an improved reward and profit distribution structure.
  5. yPredict – All-in-one web 3 platform with advanced coin analysis features. The coin analysis function can lower the risk of transactions and increase ROI.
  6. Launchpad XYZ – Web 3 project development platform. We provide information to help coin traders make better investments.
  7. Chimpzee – Eco-friendly blockchain platform. If you contribute to animal protection and climate change action, you can receive a native token CHMPZ.
  8. XRP20 – A project created under the influence of Ripple. It provides staking rewards and a burn mechanism.
  9. Wall Street Memes (WSM) – A new meme coin developed and released by a team with a community of over 1 million people. The pre-sale raised over $9 million in just a few weeks, which is expected to result in significant returns for token holders.
  10. Polkadot (DOT) – ‘Internet of Blockchains’ with the fastest transaction speed. Provides a 15% staking reward. The fastest blockchain internet in the space as judged by total transaction speed. It also offers the highest staking rewards available at 15%.
  11. GALA – P2E coin game where you earn NFTs and coins through game play. It provides staking-based voting with a unique governance model.
  12. Loopring (LRC) – Open-source and incentive-based coin exchange protocol. We want to create an xkRollup exchange and payment protocol on Ethereum.
  13. dYdX (DYDX) – Decentralized, low-cost, decentralized, non-custodial coin exchange with low fees. It is an innovative OTC marketplace that facilitates unlimited transactions through smart contracts.

Analysis Of Promising Future Coins By Experts

Below, we introduce the promising coins in 2023 in detail. Let’s closely check information on promising future coins and find good investment opportunities to achieve notable profits this year. You never know. Couldn’t the promising coin I invested in generate profits exceeding 1,000 times?

1. Bitcoin ETF Token – A promising future coin that can maximize profits with an APY of over 10,000%

Bitcoin ETF Token ($BTCETF) is a promising coin that has increased growth potential by smartly leveraging the SEC’s approval of the Bitcoin spot ETF.

Once the approval of the Bitcoin spot ETF, a hot potato in the coin market, is confirmed, a bull market is expected to open in the coin market. Accordingly, overall coin growth is expected, and Bitcoin ETF tokens are also expected to grow under this influence.

In addition, Bitcoin ETF tokens provide rewards to investors based on the progress of Bitcoin spot ETF approval. Bitcoin ETF token rewards

  • When $BTCETF token trading volume reaches $100 million,
  • When the first Bitcoin ETF was approved,
  • When the first Bitcoin ETF was launched,
  • When the total assets of all Bitcoin ETFs reach $1 billion,
  • When the Bitcoin price exceeds $100,000

Bitcoin ETF tokens also have high staking APY. Staking APY is 10,000% in the early stages of pre-sale and decreases as more tokens are staked.

Bitcoin ETF token investors can maximize profits through Bitcoin spot ETF progress and staking APY.

Bitcoin ETF tokens are currently undergoing pre-sale. The pre-sale consists of a total of 10 stages and the selling price increases as the stage increases. The pre-sale price for the first stage is $0.005, and the pre-sale price for the last stage 10 is $0.0068.

Of the total token supply of 2.1 billion tokens, 840 million tokens, or about 40%, have been allocated for pre-sale, and 84,000 tokens will be sold in stages. 525 million tokens were allocated to staking rewards and 210 million tokens to liquidity pools.

25% of tokens are burned whenever a milestone related to the Bitcoin spot ETF is achieved. The burn tax on transactions is 5%, and this also decreases as each milestone is achieved.

More detailed information about Bitcoin ETF tokens can be found on Twitter, Telegram, and whitepaper. In particular, Bitcoin spot ETF information is updated in real-time on Twitter and Telegram.

Hard Cap $4.956 million
Presale Token Quantity 840 million tokens
Blockchain Ethereum Network
Token Type ERC-20
Means Of Purchase USDT, ETH, BNB, MATIC, card

Visit the Bitcoin ETF Token website

2. Bitcoin Minetrix – A Promising Coin Project That Allows You To Mine Bitcoin Without Any Special Knowledge Or Equipment

Bitcoin Minetrix ($BTCMTX) introduced a new paradigm called stake-to-mine to the coin market. On the Bitcoin Minetrix platform, you can mine Bitcoin without any special knowledge or equipment.

You can mine Bitcoin by staking $BTCMTX, the native token of Bitcoin Minetrix. To mine Bitcoin, you only need to prepare a minimum investment of $10.

Additionally, a mobile app is scheduled to be released soon, making Bitcoin mining easier and faster. You can check key daily, weekly, and monthly metrics on the integrated dashboard.

In addition to being able to easily mine Bitcoin, Bitcoin Minetrix has the advantage of being eco-friendly. This is because it uses the Ethereum blockchain, which has less environmental pollution and is cheaper.

The total token supply is 4 billion tokens, of which 2.8 billion tokens are pre-sold. The pre-sale is conducted in a total of 10 stages, and the token sale price in stage 1 is $0.011, and in stage 10, it is set at $0.0119.

To purchase tokens in the presale, you must have a compatible Web 3 wallet. Tokens can be purchased with USDT, ETH, and BNB.

More information about Bitcoin Minetrix can be found on Twitter and  Telegram.

Hard Cap $32,000,000
Presale Token Quantity 2,800,000,000 tokens
Blockchain Ethereum Network
Token Type ERC-20
Means Of Purchase USDT, ETH, BNB

 

Visit the Bitcoin Minetrix website

3. Meme Kombat ($Mk) – Coin Combat Platform Where You Can Enjoy Real-Time Battles With Meme Characters

Meme Kombat ($MK) is a promising coin expected to see explosive growth. Meme Kombat is different from other meme coins. It boasts a unique model of collecting meme coins to conduct battles and make profits.

In Season 1, Doji, Floki, Baby Doji, Milady, Kishu, Mong, and Pepe. You can battle with Pepe 2, Shiva, Sponge, and Wojack coins. As the season progresses, the way the battle progresses improves, and the number of coins available increases.

The method of generating profits by conducting battles with meme coins is expected to attract a lot of attention from coin investors thanks to the popularity and growth of meme tokens. This is because, in Mim Kombat Arena, you can battle with Mim Coins that have numerous online followers.

The meme to be used in the battle is randomly selected by AI, and battle participants can participate in the battle by checking scheduled events and examining their stats. The meme graphics used in meme battles are rendered by advanced AI to make the battle more vivid while maintaining the existing characteristics of the meme.

Meme Kombat put a lot of effort into its visuals. This is because whether a meme is popular is determined by how good the quality of the meme is.

The advantage of Meme Kombat is that it provides a high APY of 112% and its reliability has been proven by completing a smart contract audit. But what’s even better is that the founder has made his LinkedIn profile public, making it public. This is not common in the coin industry.

The total token supply is 12 million tokens, of which 6 million tokens are used for pre-sale. The pre-sale price is $1.667 and the hard cap is $10 million. Presale tokens can be purchased with USDT, BNB, and ETH, and are available through 7 major Web 3 wallets.

More information about Meme Kombat can be found in the white paper, Telegram, and Twitter.

The return on meme combat predicted by experts is 10 to 100 times.

Meme Kombat is a promising coin that will grow significantly in 2023. The creative idea of ??collecting all meme coins on one platform will attract the attention of investors seeking high risk and high returns.

Hard Cap $10,000,000
Token Total Supply 12,000,000
Presale Token Supply 6,000,000
Blockchain Ethereum Network
Token Type ERC-20
Minimum Purchase Quantity 100 tokens
Means Of Purchase USDT, ETH, BNB

Visit the Meme Kombat website

4. Tg.Casino – A New Casino Platform Operated On Telegram That Does Not Require Kyc Verification And Boasts A High Rate Of Return Of 3,395% APY

TG.Casino ($TGC) is a promising coin casino platform that can be accessed directly from Telegram. There is no need to verify KYC, register an account, or log in with an email to use TG.Casion. Even deposit and withdrawal speeds are fast. It brought about innovation in the online casino market in terms of user and market accessibility.

Telegram is the world’s largest messenger app and is especially widely used by coin investors. In other words, if you use Telegram as a means of operating a coin, there is no need to set a separate target or provide much explanation about the use of the coin.

If you have coins and a Telegram account, you can deposit, play games, and withdraw immediately at TG.Casino. There is no need to download any other software.

TG.Casino not only introduces a new model to the market but also has the advantage of operating 100% legally. TG.Casino is licensed and based in Curaçao. You can enjoy hundreds of games and over 30 sports on the platform.

The pre-sale APY is very high at 3,395%. However, a better source of revenue is the casino model. A portion of casino profits are reinvested through token burning to increase the value of $TGC. In other words, the casino does not unilaterally pay profits to users. User participation affects profits.

The pre-sale token supply is 40 million tokens, which is equivalent to 40% of the total token supply. The pre-sale price is $0.125, and the hard cap is $5 million. In the pre-sale, various Web3 wallets are available and tokens can be purchased with UDST, BNB, and ETH.

More information about TG, Casino can be found on Telegram, Twitter, and whitepaper.

Hard Cap $5,000,000
Token Total Supply 100 million tokens
Presale Token Supply 40 million tokens
Blockchain Ethereum
Token Type ERC-20
Minimum Purchase Amount 100 tokens
Means Of Purchase USDT, ETH, BNB

Visit the TG.Casino website

5. Ypredict – Coin Analysis And Trading Platform That Allows You To Use User-created AI Price Prediction Models

yPredict is an all-in-one coin analysis platform that uses AI to provide valuable information to users. Through the information provided by yPredict, users can find profitable trading options and generate high profits.

The goal of the platform is to provide users with promising future coin trading information by building a reliable coin price prediction ecosystem.

Monthly subscription fees for the platform are paid with the native token, $YPRED. If you subscribe to the yPredict service, you can check data-based insights through an artificial intelligence-based prediction model.

You can earn tokens by solving coin quizzes or playing P2E games on the platform. Additionally, tokens are awarded for creating AI-based price-prediction models. The entire system operates on the Polygon blockchain, enabling fast transaction speeds and long-term operation.

A pre-sale for $YPRED tokens is currently underway, and tokens can be purchased at a low price during the pre-sale period. The pre-sale amount raised so far is $2.5 million. The token sale price in the final stage of pre-sale is $0.12. yPredict can be purchased at a low price and has great growth potential. Not only that, it offers many more benefits.

By using the various AI-based functions provided by yPredict, you can grow into a coin investor who consistently earns profits.

Presale Start Date Q1 2023
Means Of Purchase MATIC, ETH, BNB, USDT, credit cards
Chain polygon
Minimum Investment Amount 200YPRED
Hard Cap $6,500,000

6. Launchpad XYZ – Web 3 Dashboard With Everything You Need For Coin Trading

Launchpad XYZ is a new Web 3 coin analysis and trading platform. Coins are highly volatile and have many regulations and other issues to consider, making it difficult to explore investment opportunities.

Launchpad’s main goal is to provide traders and investors with great coin and NFT investment opportunities through versatile tools.

Users can use the tool to view ongoing presales, minting opportunities, and time-critical trading options.

Launchpad analyzes the market in real-time and provides users with coin price data, NFT market data, new token pre-sale information, and opportunities to enter the latest Metaverse platform.

Additionally, it provides a decentralized token exchange and a built-in NFT marketplace, allowing users to conclude transactions immediately.

Launchpad XYZ provides all important information in one dashboard. All functions can be used with the native token $LPX. Token holders can enjoy various benefits such as token trading and staking.

As it is a new platform that has never existed before, it is a promising coin whose value is expected to increase by 2025 if successful. If you visit the official Launchpad XYZ website now, you can purchase $LPX tokens at a low price during the pre-sale period.

Hard Cap $12,500,000
Total Token Amount 10 billion
Blockchain Ethereum
Token Type ERC-20
Presale Token Quantity 250 million tokens

7. Chimpzee – An Eco-Friendly Coin Where You Can Be Rewarded With Tokens For Contributing To Animal Protection

Recently, there has been a growing movement to solve environmental and social problems by combining positive influence with coins. Chimpzee was born as part of this movement. Chimpzy is an eco-friendly coin project to save endangered animals around the world.

Unlike other platforms that give tokens for playing games, Chimpzy provides rewards when users contribute to eco-friendly projects.

Users can use a variety of Shop to Earn, Trade to Earn, Play to Earn options and an NFT marketplace at Chimpzy Shop. All mechanics run the native coin CHMPZ and ChimpZ passport holders can get more tokens.

The Chimpzy platform plans to launch an AI-based mobile app. Avatars created with the mobile app can be used on the Chimpzy passport.

CHMPZ token presale is currently underway. If you invest now, you can receive bonus coins and other exclusive benefits. Chimpzy Diamond NFT Passport is the most valuable reward, but pre-sale quantities are limited.

If you do not purchase now, the token sale price will increase upon listing. Chimpzy is one of the promising coins.

Token Symbol CHMPZ
Token Total Supply 200 billion tokens
Presale Token Quantity 40 billion tokens
Chain Ethereum
Means Of Purchase ETH, USDT, credit card

 

8. Wall Street Memes – New Meme Coin With A Community Of Over 1 Million People

Wall Street Memes ($WSM) will be the next meme trendsetter. There is already a huge community supporting Wall Street Memes.

The platform was developed by Wall Street Bulls. Wall Street Bulls is the same Reddit community that put the world’s largest hedge fund out of business during the 2021 game stock incident.

Wall Street Bulls launched the Wall Street Bulls NFT Collection, raising over $2.5 million in 32 minutes.

Wall Street Memes raised millions of dollars shortly after the presale began, with a total amount raised of $10 million at the end of the presale. As the community is strong, it is expected to grow even more in the next few months, and it can be said to be a meme coin with a high investment value.

The Wall Street Memes community is already famous online. In particular, it is well known that Elon Musk mentioned it on Twitter. If you also mention Elon Musk or the $WSM token, the value of the token can increase 1,000 times in just one day.

Unlike other meme coin startups, Wall Street Memes is designed according to the highest industry standards. We planned to maintain token value for a long period of time by limiting dumping through reasonable token distribution and allocation.

If you invest in Wall Street Memes now, you have a chance to win $50,000 worth of $WSM tokens. Even if you invest later, it is expected that you will be able to earn a large profit by the end of 2023. You can learn how to purchase coins in the Wall Street Memes Buying Guide.

Hard Cap $30,577,000
Presale Token Quantity 1 billion tokens
Blockchain Ethereum
Token Type ERC-20
Means Of Purchase USDT, ETH

Visit the Wall Street Memes website

9. Polkadot (DOT) – The Fast Network That Ties Together Web 3

Polkadot (DOT) is a protocol designed to facilitate data transfer between blockchains, and is called the ‘Internet of blockchains’. Polkadot’s multi-chain ecosystem is designed to be fast and scalable.

By implementing Polkadot’s 1,000 tps asynchronous backup upgrade, you can increase the speed from 100,000 tps to 1,000,000 tps.

If it reaches 1,000,000 tps, it will become the world’s fastest blockchain. Bitcoin’s maximum tps is about 7, and Ethereum’s current tps is 12. In the coin world, 1,000,000,000 tps is a huge number. There is no coin that has reached 100,000 tps.

There are over 570 projects built on the Polkadot network. Polkadot also provides staking rewards of approximately 15%. There are few high-quality networks that offer this much staking rewards. Solana and Algorand’s staking rewards are good at around 7%, but they don’t compare to the 15% APY.

DOT is currently selling for $5. The growth potential of DOT is that Polkadot offers the highest staking rewards, has excellent use cases for interoperability, has the potential to be the fastest blockchain in the world, and has over 570 projects already using its network. appears to be high. DOT can be purchased on all major exchanges.

10. Gala – A Platform Where You Can Earn NFTs and Coins Through Games

Gala is a project suitable for game enthusiasts. GALA tokens are used on a platform designed for blockchain gaming. Players using the platform can exchange cottonized in-game assets on the Gala Marketplace.

This is because Gala games can be played through NFTs. Additionally, Gala Games’ special governance model supports users to create attractive titles through staking-based voting.

The player-owned node network is the foundation of the Gala gaming ecosystem. Users run Gala nodes on their personal computers. All games are tested on the Coin Discord community. Gala tokens are used to purchase in-game items, exchange currency, and stake.

All in-game items are owned by the player. The Gala platform also has sections dedicated to movies and music, as well as a metaverse.

11. Loopring (LRC) – Open Source And Incentive-Based Trading Protocol

The Loopring platform develops user-facing solutions, infrastructure, and protocols. The goal of the project is to create the best zkRollup transaction and payment protocol on Ethereum. Loopring targets users around the world.

According to the Loopring white paper, Loopring has increased scalability while maintaining security. Loopring’s zkRollup throughput is up to 2,025 tps. This is about 1,000 times more than Ethereum.

Loopring protocol is based on the LRC token. LRC token holders receive 70% of the collected fees. An additional 20% is paid to Loopring DAO. 10% of the fee is burned.

Loopring recently signed a partnership with ProtocolGemini, a coin development studio. The studio plans to use the Web 3 gaming protocol, including Metaverse and playable NFTs.

12. dYdX (DYDX) – Low-Cost Perpetual Options Trading Platform

dYdX (DYDX) is the best new coin for investors interested in perpetual options trading on the blockchain. The dYdX exchange is an OTC marketplace that facilitates perpetual option trading and uses smart contracts.

dYdX is a non-custodial exchange and also supports margin trading. The platform supports many cryptocurrencies and does not charge fees for perpetual options trading and margin trading. The minimum deposit is $10, and KYC verification is not required.

They also created a governance token, DYDX, to allow the community to control layer 2 protocols. The dYdX community allows partners, traders, and liquidity providers to collaborate and manage the protocol through shared control. The goal of the dYdX exchange is to provide traders with the safety of a DEX with the speed and convenience of a CEX.

Is It Worth Investing In This Year’s And Future’s Promising Coins Introduced In This Guide?

The answer is of course ‘yes’. Most of the platforms introduced in this guide are currently in pre-sale or have recently been released. In other words, the token price is low.

Of course, there is no guarantee that the platform you invest in will grow significantly. However, since it is a coin that has just been released, it is worth investing in.

Almost all coins increase in value when they are listed. However, the next large coin appears to grow gradually.

Predicting Future Promising Coins – Step-by-Step Guide

It is not difficult to predict coins with growth potential. However, this only applies if you know exactly where to investigate.

There are already thousands of coins on the market, and as many coins are released every day, finding coins with high growth potential requires thorough research and a deep understanding of blockchain technology and the coin market.

You can find promising coins in 2023 by referring to the method introduced below.

Find information on social media

You can check accurate coin news in real time on social media channels such as Twitter and Reddit. Most coin platforms have designated subreddits, where thousands or more users share their experiences.

Therefore, it is good to find coin-related data, such as new projects, on social media channels.

Check ICO

ICO stands for Initial Coin Offering, which means initial coin offering. The process that most coin startups go through to raise funds needed for project development is ICO. Investors buy tokens at a discount in an ICO and sell them later when the price rises.

Most of the current major coins were initially just digital tokens with no value. However, it exceeded expectations and brought great profits to investors. However, many new coins turn out to be scams, so you should research every source you can to find a good ICO coin.

Check out Coin News Daily

Checking the latest coin news every day is also a good way to find promising future coins.

By checking the latest coin news, you can find promising future coins with high growth value, and do not miss out on good investment opportunities.

Another Way To Find Promising Future Coins

There are other ways to find promising future coins. The best way is to join an active coin community such as Discord, Twitter, or Telegram. In this community, you can check new coin IEO information and the latest coin news.

It is also a good idea to create an account at a famous coin exchange that conducts IEO, such as CoinGecko, MEXC Global, or Uniswap.

You can also check the latest IEOs on coin platforms such as Wipredict and Dash2Trade, and use AI solutions to predict coin prices.

Other popular investment platforms allow you to copy-trade whale investors by paying a fee. Copy trading is a trading method that lowers risk and increases profits.

It is also a good idea to carefully look at pre-sale coins that are good for investment. In the pre-sale, most tokens can be purchased at a discounted price. If you purchase tokens at the beginning of the pre-sale, you can earn at least 200% profit when listed.

Most early investors in newly launched coins made profits of more than 100 times. However, before investing, you must analyze the platform white paper to check whether the project follows industry standards.

The best way to profit from the coin market

You can make quick profits in the coin market. However, you can quickly earn a lot of profits only if you know good investments. In general, the best way to make money is day trading. However, day trading requires a good understanding of the coin market, so it is not a useful option for novice investors.

You can also make money through token staking, play-to-earn games, and giveaways. Staking is the most preferred method for coin traders and is available on many coin platforms.

Meanwhile, the play-to-earn method is popular in the coin market. This is because when you play video games, you can earn profits by receiving rewards in coins, so you can kill two birds with one stone: fun and profit.

There are many ways to make money with coins. However, if you want to earn high profits, it is best to invest in new coin projects during the pre-sale period. You can earn high profits by purchasing tokens at a low price in the pre-sale and selling them when the token value is high.

Conclusion

In this guide, we covered promising coins in 2023 in detail. There are coins that are good for short-term profits, and there are also coins that require long-term profits.

In addition to the information provided in this guide, we recommend that you use the results of your own research on promising future coins for investment. You should always keep in mind that the coin market is highly volatile.

Among the promising coins in this guide, the most recommended coin is the Bitcoin ETF token. Rewards are paid depending on the Bitcoin spot ETF approval status, and with an APY of over 10,000%, it is a good coin to purchase with a solid reward metric.

Invest In The Best 9 ICO Coins in 2023

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An ICO or “Initial Coin Offering” offers the best opportunity to invest in a new cryptocurrency. Investors can buy these in the ICO before the coin is publicly traded. We show the best upcoming ICOs with potential.

11 Best Crypto ICOs 2023 – Initial Coin Offerings Ranked

  • Bitcoin ETF Token – The ICO Token Bitcoin ETF Token offers you a wide range of earning opportunities thanks to staking options and a deflationary roadmap; Entry into the presale is currently particularly cheap.
  • Bitcoin Minetrix – A new ICO project tries to turn Bitcoin mining on its head with a new approach. The field dominated by companies is to be broken up using the stake-to-mine approach.
  • Meme Kombat – ICO with big plans; Project wants to create a battle arena for meme coins & create diverse applications for native $MK tokens; ICO price is constant at $1,667.
  • Casino – Brand new gambling coin combines gambling and cryptocurrencies; Project with a lot of growth potential with a market cap of just $5 million.
  • Launchpad – Crypto platform that wants to support informed investment decisions via Web3. Market data is collected and made available in your own ecosystem.
  • yPredict – a brand new crypto project with an innovative AI approach to predict cryptocurrency prices so that better investment decisions can be made.
  • Chimpzee – an exciting project to protect the rainforest; Web3 technology platform with official certificate for more security; very good P2E game and also NFT marketplace and shop-2-earn option.
  • SOLA-X – intelligent liquidity protocol that changes the way automated market makers are designed within the Solana ecosystem. A minimum investment of $10,000 is required.
  • Incentive – similar to LHINU, a survey platform. Reputable vote-to-earn surveys are shared here. Anyone who takes part in these earns tokens.
  • ASTL – an investment platform for AI crypto mining. The token sale takes place privately. You can become a member and green energy sources are supported.
  • LuxWorld – Lifestyle and travel platform that uses NFTs and its own tokens. Travelers earn LUX tokens by participating.

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Invest in the best ICOs – it’s worth it here

When new cryptocurrencies come onto the market, there are various ways in which they are distributed among investors. The most well-known variant is to buy a coin in an ICO. However, it can often be difficult to find attractive tokens in the presale among a large number of new projects. We test the current Coin Launch Tokens regularly. Below we present the best initial coin offerings for 2023 in more detail.

1. Bitcoin ETF Token – Brand new token with high return potential

We have recently taken a closer look at a rather small, but probably quite fast ICO. We are talking about the Bitcoin ETF token.

The first legal basis for the creation of Bitcoin ETFs was created two years ago. To date, however, no such ETF has been finally approved. If you don’t want to wait any longer but want to participate in this exciting development, you can invest in the Bitcoin ETF token.

The special features of Bitcoin ETF tokens:

  • Staking opportunity: Investors have chances to earn passive rewards at a dynamic interest rate.
  • Visionary: The introduction of new ETFs is expected to add billions of dollars to the crypto market.
  • Potential returns: Participation in the presale should be worthwhile due to the expected Bitcoin ETF hype.

The Bitcoin ETF Token is a revolutionary speculative token whose development is tied to real events. Are there key events in the development of Bitcoin ETFs, such as B. the launch of the first Bitcoin ETF, 5% of all Bitcoin ETF tokens are burned?

This allows up to 25% of all tokens to be burned, potentially leading to significant price growth. If you want to buy Bitcoin ETF tokens, you can currently do so in the presale for $0.005. Once the SEC officially approves crypto ETFs, the coin will increase significantly in value. So getting in early can be worth it. This is also shown by our Bitcoin ETF token forecast.

Presale started November 2023
Purchase method ETH, USDT, BNB, USD
Chain Ethereum
Hard cap $4,956,000
Token Total 2,100,000,000
Max investment None

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2. Bitcoin Minetrix – Project with new stake-to-mine infrastructure

Bitcoin Minetrix should not be missing from our crypto ICO comparison. You may not have even heard of this project. But after our test of the new project at the beginning of the week, we decided to include this contender in our ranking. But what is this crypto ICO raising money for?

The special features of Bitcoin Minetrix:

  • Revolutionary: Mining is becoming accessible again – without any major investments or technical know-how.
  • Passive income: Staking opportunity opens up opportunities for long-term returns.
  • Eco-friendly: Bitcoin Minetrix uses cloud mining, which is more environmentally friendly than mining.
  • Also for small investors: No high investment required, presale token price is only $0.011.

The initial coin offering from Bitcoin Minetrix is ??all about a new infrastructure that has never existed in this form before stake-to-mine. This new infrastructure is intended to enable private investors to have shares in Bitcoin mining cheaply and, on the other hand, in an uncomplicated and fraud-free manner. And that too without expensive hardware.

The ICO price of a single token is only $0.011. So there is a lot of scope for you here. In total, the developers hope to raise up to $3 million through the ICO in order to continue developing the new staking platform as usual. Our Bitcoin Minetrix forecast shows that the chances of this happening are good.

Presale started Sept 2023
Purchase method ETH, USDT, BNB
Chain Ethereum
Hard cap $32 million
Minimum investment $10
Max investment None

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3. Meme Kombat – A combination of blockchain, AI and gaming

Meme Kombat enters the ICO Arena and should feel right at home here. Because the arena idea is at the heart of the project. But let’s start from the beginning. What are we dealing with with this ICO token?

The special features of Meme Kombat:

  • Lucrative gaming platform: From active betting to passive betting, there are rewards for all users.
  • Community Focus: A large amount of $MK tokens are reserved for community rewards.
  • Transparency: All bets, results, and rewards are recorded and processed on the blockchain.

The initial coin offering of the Meme Kombat token, $MK, began just this week. It is offered at an affordable presale price of $1,667. A total of 6,000,000 Meme Kombat Tokens are available for sale. This means that half of the total coin supplies will be distributed to the growing Meme Kombat community during the presale.

Despite the constant presale price, it can be worthwhile to get involved in the initial coin offering early. If you buy $MK today, the purchased tokens will be automatically staked and you will start earning passive returns before launch. The ICO will take place on the official Meme Kombat site; Payments are accepted in the form of crypto coins.

Presale started Sept 2023
Purchase method ETH, USDT, BNB
Chain Ethereum
Hard cap $10,000,000
Minimum investment 5 MK$
Minimum investment No limit

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4. TG.Casino – Innovative casino coin with great growth potential

The new TG.Casino token offers a new crypto ICO with great growth potential. This is a promising cryptocurrency on the Ethereum blockchain that is being used as a stake in a new crypto casino.

The special features of TG.Casino:

  • Interesting investment: $TGC can either be used for staking or in Telegram Casino.
  • Web3-based technology: Casino is a combination of modern technology & classic gaming experience.
  • Regular Rewards: For players who actively play at Telegram Casino.

The coin is currently still in presale and is not yet publicly tradable. In the presale, early investors have the opportunity to purchase the TG.Casino token at a discounted price of $0.125. A maximum of $5 million in total tokens will be issued, which means there is still plenty of room for growth.

The project is entirely aimed at rewarding the community, as 60% of all profits go back to the token holders. The casino itself is not based on a browser platform like classic online casinos. Instead, the Telegram messaging service is used to access an extensive range of games. The associated anonymity and freedom could attract numerous players.

Presale started September 2023
Purchase method ETH, USDT
Chain Ethereum
In total 100,000,000 tokens
Presale tokens 40%
Hard cap $5,000,000

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5. Launchpad XYZ – Cryptocurrency analysis models and forecasts

To help investors make smart purchases of Web3 projects, the largest Web3 crypto platform was created in early 2023.

Launchpad

The special features of Launchpad XYZ:

  • Innovative project: Clear all-in-one solution for Web3 applications.
  • Modern trading terminal: Allows investors to make well-founded analyses and forecasts.
  • Staking Opportunity: Investors can maximize their exposure to the Launchpad XYZ ecosystem.

Launchpad XYZ is essentially a learning environment for novice crypto investors. However, experienced traders can choose from many resources tailored to their specific needs in terms of research, market data, sentiment, and the like.

On Launchpad XYZ, for example, amateur traders can learn from the insights of experienced professionals. Financial professionals can use the platform’s data to find promising investments and make informed decisions.

Additionally, the information presented on Launchpad XYZ can help investors avoid buying and selling coins based on their emotions or the views of others.

This gives traders access to more information than ever before about the overall trading decisions being made in the market. The biggest new coins will therefore be easily accessible to traders. This also explains the positive Launchpad XYZ forecast for the coming years.

Presale started April 2023
Purchase method ETH, USDT, BNB, credit card
Chain Ethereum
Hard cap $12,500,000
Minimum investment 100 tokens
Max investment None

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6. yPredict – strong AI crypto platform for investments

The crypto financial evangelists are currently talking about yPredict.ai. Everyone in the community was curious to see whether this initiative would be worthwhile and whether YPRED might even become bigger than LHINU or other meme coins.

The special features of yPredict:

  • AI-based: Enables particularly accurate analyses and forecasts for investors.
  • High benefits: including market forecasts, a marketplace for AI developers & trading terminal.
  • High staking returns: Up to 45% can be achieved per quarter.

Traders, financial professionals, and AI/ML specialists all became a team to offer traders the best AI-based analysis tools and platforms. From now on, this will provide spectacular insights and analysis so that traders can use the tools for the most modern financial forecasting approaches and metrics.

Through yPredict, traders also have access to professional advice and strategies to conquer the complexities of today’s financial markets. In these circumstances, a poor decision can be attributed to both high background noise and a lack of information.

Because many investors rely entirely on unreliable sources. YPRED changes everything by giving traders the best tools to make good decisions.

Financial data scientists can use yPredict’s AI-driven prediction marketplace to monetize their prediction models and earn income.

This market allows data scientists to charge a monthly membership fee for the results and signals their predictive models produce.

Here the data scientists do not have to worry about the mechanics of trading. Instead, they can offer their models’ predictions as a service to anyone interested. These and many other features can be proof that this new coin is likely to multiply by 100x soon.

Presales started Q1 2023
Purchase method MATIC, ETH, USDT, credit card
Chain Polygon
Hard cap 6,507,511 USDT
Minimum investment 200 tokens
Max investment No limit

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7. Chimpzee – green ICO token with lots of rewards

A cryptocurrency that reserves 10% of the entire coin supply for charity… sounds exciting. And above all, sustainable. This is Chimpzee, the brand new ICO with Cyberscope certification and a successful security audit from Solidity Finance. The goal of the $CHMPZ token is clear. Supporters should be able to earn income while protecting the environment and animals.

The special features of Chimpzee:

  • ICO with a mission: The rainforest is to be reforested with 20,000 trees.
  • Web3 Platform: Numerous functions such as Shop-2-Earn, Trade-2-Earn & Play-2-Earn.
  • Potential: Increasing the spread of meme currencies strengthens market success.

To achieve this, Chimpzee has the goal of planting 20,000 trees in the Brazilian rainforest, together with the organization One Tree Planted. 1200 have already been successfully planted. How can you support the project? With Chimpzee’s Shop-2-Earn, Trade-2-Earn, and Play-2-Earn approach.

This cryptocurrency combines several functions on how to participate in the project. There are also bonuses and raffles. The ICO Coin Chimpzee is currently in the first stage of pre-sales. Four stages are planned, over which a total of 40 billion tokens will be distributed.

Presale started June 2023
Purchase method ETH
Chain Ethereum
In total 200,000,000,000
Minimum investment none
Max investment None

8. SOLA-X – Solana based Smart-Luiqidity protocol

cm is an innovative crypto project that wants to redesign automated market makes (AMMs) within the Solana ecosystem. A unique liquidity pool is to be developed for this purpose. This allows investors to place their assets directly in a pool and benefit from attractive interest rates across the entire market.

The assets are then automatically distributed across different liquidity pools to achieve the highest return. All fees received are redistributed to the individual investors by providing liquidity. The project thus offers automatic pool selection and the best interest rates. Since the staking pools also support multiple cryptocurrencies, investors are offered greater flexibility.

The special features of SOLA-X:

  • Problem-solving: Implementing Wormhole Token Bridge & DeFi 2.0 Smart Liquidity Protocol.
  • Competitive Advantage: Pioneer in AMM architecture on Solana
  • Cheap entry: Early supporters expect low prices in the presale.

SOLA-X is a key pioneer in the area of ??AMM architecture on Solana and therefore has an important competitive advantage. Investors can buy the native SAX token in the ICO and expect favorable prices as early supporters. If the project proves to be successful, holders of the tokens will not only earn passively from the liquidity fees but also from the increase in the value of the cryptocurrency.

Presales started March 24, 2023
Purchase method SOL
Chain Solana
Hard cap 500,000,000 SAX
Minimum investment Not specified
Max investment Not specified

9. Incentive – Earn crypto rewards with surveys

Incentive is a crypto project that wants to reward users for completing surveys. There are already many providers in this area who reward participants with vouchers and transfers, but none of them are yet really using the blockchain effectively. Incentive wants to unite the industry with blockchain technology, whereby rewards will be credited in the form of cryptocurrencies.

The platform’s token is called INC and is intended to be used for the reward system. The high transaction speed of the Polygon network ensures many transactions and low fees. In addition, INC transactions cannot be subsequently changed or manipulated, making survey participation anonymous and fraud-proof.

The special features of Incentive:

  • Innovative: Effective use of blockchain technology on a survey platform.
  • Cheap transactions: Thanks to the high transaction speed of the Polygon network.
  • Cheap entry: ICO Coin can be purchased cheaply in the presale.

The ICO Coin can be purchased cheaply in the presale, even before the cryptocurrency is publicly traded. This often creates good buying opportunities if a project establishes itself on the market in the long term.

Presales started Q1 2023
Purchase method MATIC
Chain Polygon
Hard cap 100,000,000,000 INC
Minimum investment Not specified
Max investment Not specified

10. ASTL – Crypto mining with the help of AI

ASTL is a new crypto project that specializes in mining cryptocurrencies. The company behind the ICO Coin has its own data centers for mining. Unlike many other mining farms, the company uses green energy and artificial intelligence to make its use as effective as possible.

Anyone who invests in the ASTL token will receive a direct share of the profits from mining. Returns are to be credited in USDT and are proportional to each investor’s ICO investment. A total of three different packages are offered in which investors can invest.

The special features of ASTL:

  • AI integration: Crypto mining with the help of artificial intelligence & our own “green” energy.
  • Profitable mining: Latest mining equipment and smart management of energy distribution.
  • Rewards: Each owner of the ASTL token package will receive a monthly fixed reward in USDT.

The potentially high returns look promising. That’s why it can be worthwhile to buy the ASTL token in the ICO. The cryptocurrency is currently being sold for a price of 0.25 US dollars, which means that it is still possible to get started cheaply.

Presales started Q1 2023
Purchase method BTC, ETH, DOGE, LTC, XMR, VISA
Chain Binance Smart Chain
Hard cap 50,000,000 ASTL
Minimum investment 100 USDT
Max investment 1,500,000 USDT

11. LuxWorld – WEB3 Lifestyle App with ICO

With LuxWorld, traveling is combined with the advantages of Web3. On the one hand, great added value for travelers should be offered here and, on the other hand, rewards for traveling should be distributed. With the help of the LuxWorld app, these wishes will soon become reality, so that rewards can be unlocked by traveling and discovering new places.

The entire project works by using the blockchain, which means that many processes are carried out automatically. Ultimately, LuxWorld is based on the concept of social fi, which combines social areas of life with financial incentives. In order to ultimately earn rewards from traveling, so-called check-ins must be carried out. This verifies that the trip actually took place.

The special features of LuxWorld:

  • Web3 lifestyle app: Combines NFT gamification and interactive social fi layout.
  • “Travel to Earn”: LUX dollars can be earned while traveling with luggage NFTs & check-ins.
  • Passive Income: LUX holders can staking and generate income.

In addition to using the platform as a traveler, investors can also purchase check-in nodes as NFTs. This makes you a location owner and allows you to receive additional rewards when checking in at other destinations. By investing in LuxWorld’s ICO coin early in the presale, you can speculate on a price increase.

Presales started Q1 2023
Purchase method USDT, BUSD, ETH, BNB
Chain Arbitrium One
Hard cap 2,000,000,000 LUX
Minimum investment Not specified
Max investment Not specified

What is an Initial Coin Offering (ICO)?

An initial coin offering or ICO is used to raise funds for a new crypto project. To do this, the project issues a token in a presale before the cryptocurrency is publicly traded. The token often has a significant function in the context of the project, which can increase its value.

Ultimately, the model of ICOs is very similar to that of crowdfunding campaigns. Capital is invested in a project that often does not yet have a fully developed product. Instead, the vision and background of the founders are used to assess whether it could be a successful venture. For example, ICObench.com offers an overview of brand-new ICOs.

The tokens received can be traded on a crypto exchange at a later date like all other cryptocurrencies. However, to protect investors, the project team’s coins have a lock-up period, which means they are often only distributed to the team months later.

Overall, ICOs have had a significant positive impact on the crypto market. Many of the tokens are cryptocurrencies with a future. Some of the largest and most important cryptocurrencies were originally funded using the method. The most well-known example is Ethereum. The cryptocurrency has now become the second largest in the world.

How do ICOs work?

How ICOs work is based on the sale of a cryptocurrency to finance a project in the crypto sector. For this purpose, the team behind the presale first creates a white paper that describes the entire project in more detail. Potential investors then use this to find out more about the project. In addition, the ICO team usually needs a website to enable presales with a simple user interface.

Once the ICO coin is available for pre-sale, investors can connect their wallet to the website. Now the project’s token is sold in exchange for payment with another cryptocurrency. As soon as the transaction is processed on the blockchain, the tokens are either credited or the tokens are claimed.

Often the purchased cryptocurrency is only transferred to the wallet after the pre-sale has been completed. The reason for this is usually to prevent premature trading of the token.

Are crypto ICOs good investments?

ICO investments can be lucrative and bring high returns. Some can also lead to a crypto bull run. However, not every ICO coin is automatically a financial success. There are numerous projects that fail or do not meet their milestones. It is therefore important to always carry out intensive research in advance in order to identify new, promising cryptocurrencies.

A strong community should often not be underestimated. However, there should be fundamental added value in order to achieve a positive price development in the long term. If a project offers both a strong community and high value, it can be a good investment.

Early chance to invest in innovative crypto projects

A particularly big advantage of ICOs is the chance to be one of the early investors in an innovative project. Early investors get the best prices, which are often far cheaper than the introductory price at the start of public trading. There have been some projects in the past that have increased in value more than a thousandfold since the ICO presale.

Potential for high returns

Thanks to the cheap entry into the ICO, investors can expect a high return if the project is successful. The valuations in the ICO phase are often very low, meaning that the market capitalization of the projects is usually only a fraction of successful coins. This allows exponential increases in value, which can lead to huge returns.

ICO vs IPO – what is the difference?

Both the ICO and the IPO serve as a means of raising capital to raise funds for a company. In the world of stocks, companies have the opportunity to obtain additional capital by selling securities. This involves converting a private company into a publicly traded stock corporation. With the IPO or initial public offering, the shares are sold on the stock exchange for the first time.

An ICO, on the other hand, offers an alternative form of raising capital. Instead of stocks, digital crypto tokens are issued here that are stored on the blockchain. The ICO route involves far fewer regulations and framework conditions than the classic IPO.

How do you find safe and reputable ICOs?

Finding safe and reputable ICO drops is not always easy. There are always founders here who pursue a promising idea but want to remain unknown. Likewise, the idea can be too ambitious and is doomed to failure from the start. There are several factors that should be taken into account before purchasing a new cryptocurrency in ICO.

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1. Analyze team

The team behind an ICO coin is the most important indicator of the success or failure of a project. That’s why it’s important to always check the team before investing. In many cases, the LinkedIn profiles can be accessed directly via the project website. Here the previous work experience of the team members can be checked and verified.

This makes it possible to quickly assess whether the team might be able to achieve the set milestones. Often there are consultants on the team who have already worked on previous ICOs.

2. Valuate tokens

Also important to evaluate is the token and the properties associated with it. The tokenomics in the white paper can help with this. Here you can see how many coins are distributed to the individual stakeholders. You can also see how large the entire supply is and what blocking periods exist for the team tokens. What is particularly important here is whether it is an inflationary cryptocurrency or whether the supply is fixed.

3. Check safety standards

If you want to buy a coin in the ICO, you should always be careful and check all security standards. When purchasing, your crypto wallet is connected to the website, which could fundamentally allow a hacker attack. That’s why it’s even more important to check in advance what security checks have taken place. You can also search for other investors on Reddit or Twitter who are publicly analyzing the smart contract.

This is how you find the best ICOs in 2023

Finding the best ICOs in 2023 doesn’t have to be difficult if you follow a few basic research procedures. It is also important to know where to research in order to locate them. We recommend using the following sources to buy a promising cryptocurrency in ICO.

Read white paper

The white paper is the most important source of information when it comes to the content and scope of a project. Not only the vision, but also the entire plan, functionality, and roadmap are described in detail here. This gives interested investors a deep insight into the design of the project and possible implementation.

Use social media

In order to be informed about new ICOs, it is important to be present on social media. Twitter is currently probably the most important source of information in the area of ??cryptocurrencies. All promising crypto projects are represented here and announce important announcements and details in their tweets.

When researching social media, it is important to be careful not to fall for fake accounts. In addition to countless informative accounts, there are unfortunately numerous fraudsters who are aiming to gain access to your wallet.

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Follow crypto experts and news

New ICO drops are often announced by well-known crypto experts. However, it can also be worthwhile to follow news from the crypto sector. In both cases, objective reporting should be ensured in order to obtain honest opinions about the upcoming ICO. It is also important to always find multiple sources of information to verify statements.

Discord and Telegram

Discord and Telegram have also developed into popular platforms in the crypto sector in recent years. Almost every project is represented on one of the two media in order to maintain exchange with the community. Not only are there plenty of opportunities to get in direct contact with the team. You can also seek contact with other investors.

The following steps show how investors can become part of a Discord or Telegram community:

  • Participation in crypto communities
  • Participate in discussions
  • Join channels with ICO announcements

Follow Reddit

Reddit is also interesting as a source for ICOs. The forums are used by many experienced crypto investors to exchange ideas or announce new projects. We regularly test the channels and see which Reddit cryptocurrencies are trending.

Past ICOs with high returns

In order to find profitable ICOs in the future, it is also important to take a look at the past. That’s why we’ve presented some successful presales in more detail here. You can use these to find some clues that are crucial for success in advance sales.

The following projects can also be worthwhile in order to find a suitable entry point even after the ICO has taken place.

BTC20 – will this be the new Bitcoin?

$BTC20 builds on the memory of BTC’s emergence as the first cryptocurrency ever. But the technical implementation could hardly be more opposite. Through staking, BTC20 is significantly more environmentally friendly.

Because it is based on the Ethereum blockchain, it can also be used much more flexibly. 6.05 million BTC20 tokens were available in the presale – as many tokens as BTC had in circulation when it first broke $1.

Thug Life – Meme Coin with hype potential

The Thug Life Token represents the shared experience of fighting in the world of Web3. Many investors have had bad experiences recently and lost money due to unsuccessful meme coins.

That’s why Thug Life focuses on cohesion and humor and turns the traditional world of cryptocurrencies on its head. This is all about commitment to the community.

Battle Infinity

A connection between blockchain and the gaming industry was excitingly anticipated. The Battle Infinity project has proven to be a pioneer in many aspects.

Players can not only earn cryptocurrencies in the game but also experience incredible gaming fun. However, the price has now fallen somewhat, which may offer an exciting entry opportunity.

Lucky Block

Lucky Block also had a successful presale. The online casino is known for its huge variety of games and deposits with cryptocurrencies. In the first quarter of 2022, the LBLOCK token was issued in the ICO. This brings investors numerous advantages to the casino website.

The success of the token and the excellent gambling offer make Lucky Block our currently best Bitcoin casino. Since the presale has now been completed, the token must be purchased via a crypto exchange.

Tamadoge

The well-known MEME cryptocurrency Tamadoge got off to a rapid start in 2022 immediately after the ICO. Since then, the price has been declining, which offers room for new entry opportunities. The concept is primarily based on community cohesion but also includes pets as NFTs that can be used to compete against other players in battles.

Using rankings, the best players are regularly identified and rewarded with cryptocurrency.

DeFi Coin

As the self-proclaimed future of algorithmic trading, DeFi Coin has promised a lot to new users. Holders of the token are intended to passively earn cryptocurrencies with reflections and liquidity pools.

The smart contract has been checked by SolidProof and has successfully passed the audit. Accordingly, the coin with its innovative approach is still worth a look even after the successful presale.

Are crypto ICOs legal?

So far there is no law in the Philippines that prohibits buying cryptocurrencies in ICOs. Investors can therefore still take part in the pre-sales without hesitation and benefit from low prices. However, in some countries the laws can be far stricter, causing some ICOs to require further data to verify identity.

Normally, however, you can easily participate in most ICOs without revealing your identity. There is currently no unified solution at the global level. That’s why some projects secure themselves with a KYC in order to meet global requirements.

Overall, investors can legally buy a cryptocurrency in the Philippines in the ICO and take advantage of the low prices in the presale. However, investors should be aware of the risk if, for example, the project is operated from abroad where there is no legal protection from the state. Should a project based in the Philippines be financed with an ICO, investors have some additional security.

Are crypto ICOs safe?

In addition to legality, investors often ask themselves whether an ICO itself is even safe. There are various ICO treatises and analyses that reveal the possibility of fraud.

In general, however, it can be said that the crypto ICOs listed here are not fraudulent. The providers and platforms are safe. Of course, investing in a newly started project is always risky. But the potential return is also impressive.

How do you invest in ICOs?

There are hardly any requirements to invest in ICOs. All you need is a decentralized crypto wallet with enough cryptocurrency. As soon as the research has been completed and a promising project has been found, the wallet can be used to participate in the ICO.

To do this, you must first go to the advance booking website. A connection to the crypto wallet is then established. All that is often required is the selection of the wallet used and confirmation of this. The desired amount of cryptocurrency for the ICO can now be selected.

Finally, all you need to do is approve the transaction in the wallet. The cryptocurrencies are then exchanged automatically using the smart contract. However, it should be noted that the purchased coins are often not immediately displayed in the wallet. The reason for this is that the release of ICO coins usually only takes place after the presale has ended.

Conclusion – Buying Ico Can Be Worthwhile

Investing in an ICO coin offers high returns and many benefits for early investors. There have always been successful ICOs that have established themselves on the market over time and have brought enormous profits, especially to early supporters. However, there are also numerous tokens in the presale that have not been able to prove themselves.

It is therefore important to always carry out extensive research in order to minimize the risk as much as possible. This increases the chance of placing a profitable ICO investment enormously.

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