Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
An initial coin offering, or ICO, is a popular way for crypto projects to generate publicity and raise capital. Much like crowdfunding, ICOs allow the community to have a tangible impact on a project’s growth – while also providing scope for investors to realize substantial returns in the future.
This article discusses 10 of the best crypto ICOs available right now, covering what they are and why they are so highly regarded, before exploring the key factors to bear in mind when making an ICO investment decision.
Listed below are ten of the best ICO cryptos available to investors, derived through in-depth research and analysis. We’ll discuss each of these ICOs in the following section, providing the information needed to make an informed investment decision.
Investing in an ICO can be risky, given that the project in question will still be in its infancy and is not yet established. However, those with a higher risk tolerance level are often handsomely rewarded since the best ICOs often go on to produce huge returns in the future.
With that in mind, let’s take a closer look at the best crypto ICOs listed above, exploring why they are so sought-after:
Topping our initial coin offering list is meme coin sensation Tamadoge. For those unaware, Tamadoge is a first-of-its-kind ‘hybrid meme coin’, combining play-to-earn (P2E) mechanics and NFTs into one rich metaverse.
Within Tamadoge’s world, players can mint ‘Tamadoge Pets’ and use them in the ecosystem’s built-in PvP battle mechanism. By battling against other players, skilled gamers can earn rewards denominated in TAMA – Tamadoge’s native ERC-20 token.
TAMA is the token that will underpin the entire ‘Tamaverse’ – used to purchase in-game items and additional Tamadoge Pets – and we’ve named the token the best crypto presale of 2022.
However, this new ICO crypto for 2022 also looks to have an exciting future from an investment standpoint since the supply of TAMA tokens is capped at two billion.
Moreover, 5% of the tokens used on in-game transactions will be burned – reducing the supply over time and helping drive the price higher.
This burn mechanism could prove to be highly beneficial, given the Tamadoge team’s plans for the future. These plans include an augmented-reality (AR) app and Tamadoge-themed arcade games, which will help attract more players to the platform.
At the time of writing, Tamadoge is still in its presale phase, although more than 70% of the token reserve has already been sold – equating to around $12 million raised for the project.
Given that the allocation is selling out fast, early investors have a limited time to obtain TAMA at a discount ahead of the token’s LBank listing in the coming weeks.
Prospective investors looking to learn more about this cryptocurrency ICO can join Tamadoge’s Telegram group to keep tabs on the project’s progress.
Visit Tamadoge
Another of the best new crypto projects to be aware of is Battle Infinity. Battle Infinity has solidified itself as one of the most exciting metaverse projects to launch in 2022, thanks to its unique P2E mechanisms and fantasy sports features.
The fantasy sports element, dubbed the IBAT Premier League, offers a decentralized way for gamers to create sports teams and earn tokenized rewards.
At launch, this cryptocurrency ICO will focus solely on cricket – however, Battle Infinity’s team has noted that additional sports will be added in the future.
This means those with in-depth knowledge of a sport and its players can leverage their expertise and generate a recurring income stream in IBAT – Battle Infinity’s native BEP-20 token.
Aside from the IBAT Premier League, Battle Infinity’s ecosystem also features a P2E multiplayer gaming store, a DeFi token swapping mechanism, an NFT marketplace, and even a staking service.
All of these elements combine to ensure Battle Infinity offers an ‘all-in-one’ platform where users can play and earn, whilst interacting with others.
Battle Infinity emerged as one of the best ICO crypto projects earlier this year when the project’s presale allocation sold out 66 days ahead of schedule. The incredible hype created by this initial coin offering prompted Battle Infinity’s developers to bring forward IBAT’s PancakeSwap listing.
Since the PancakeSwap listing, IBAT has also been listed on leading crypto exchange LBank – which resulted in the token’s price nearly doubling in a matter of days – with listings planned for the coming months.
Those interested in learning more about Battle Infinity and IBAT can do so by joining the project’s official Telegram group.
Visit Battle Infinity
Although Tamadoge and Battle Infinity hold the top two spots on our crypto ICO list, Wombat Exchange is another exciting project to consider.
As defined by its whitepaper, Wombat Exchange is a ‘multi-chain stableswap’ hosted on the BNB Chain. This exchange allows market participants to swap stablecoins with little-to-no slippage while also generating a yield through staking.
Wombat Exchange prides itself on being accessible for beginners, featuring a straightforward user interface and an open liquidity pool, meaning users only need to hold one stablecoin.
This unique approach has already prompted several leading companies to invest in Wombat Exchange, including Animoca Brands, Hailstone Ventures, and Shima Capital.
This upcoming ICO will focus on WOM – Wombat Exchange’s native governance token. WOM is crucial to voting on governance proposals and providing liquidity with stablecoins.
With more than 52,000 people following Wombat Exchange’s official Twitter account, this project could turn out to be the best ICO cryptocurrency in the DeFi niche for 2022.
Another of the best ICO cryptos to keep an eye on is CryptoCitizen, the latest addition to the ever-growing blockchain gaming sector, offering a free P2E metaverse complete with an overarching storyline.
The game also features MMORPG elements, ensuring it appeals to a broad audience. The CryptoCitizen ecosystem comprises several components: a shooting game, a racing game, and a PvP fighting arena.
Players can earn CCASH through skilled gameplay, which they can use to increase their ‘Citizen Ranking’ and access NFT drops.
Alpha testing is still ongoing for the CryptoCitizen team, although the project has generated tremendous buzz already.
More than 165,000 people currently follow CryptoCitizen’s official Twitter account – and given the team was present at Gamescom 2022, the hype is likely to continue building around this new project.
Byepix is described as an ‘all-in-one Web3-based super metaverse platform’, combining an array of exciting elements related to the crypto space.
These include DeFi, NFTs, GameFi, P2E, and more – enabling a flourishing ecosystem that offers everything prospective players might need. Like other metaverse platforms, Byepix allows players to generate tokenized rewards by completing tasks in the built-in ‘Gems Hunter’ game.
In addition, Byepix will also enable players to purchase plots of land in its rich virtual world, which can be developed and sold for a profit.
Most of Byepix’s focus is on providing ways for players to earn income in a fun way, whether that be through the project’s affiliate program, social tasks (Social2Earn), or investing in the game’s native token, EPIX.
With the project’s ICO set to go live on September 8, Byepix looks likely to have a successful end to 2022 – setting it up perfectly for 2023.
Heroes of Mavia could be one of the best crypto ICOs in the blockchain gaming niche due to its appealing ‘base building’ features.
Within the Heroes of Mavia ecosystem, players can create their own armies and conquer enemy bases – allowing them to earn Ruby tokens in the process.
Ruby tokens can then be used to upgrade a user’s base, strengthen their army, and solidify defenses.
However, aside from the battle mechanics, Heroes of Mavia also has a built-in NFT marketplace, live battle streaming features, and even a ‘Base Partnership Manager’ for users to collaborate and generate passive income.
Like many of the best ICO cryptos, Heroes of Mavia has already attracted massive attention from prospective investors on social media.
The game is backed by leading entities like Binance Labs and Animoca Brands – meaning all eyes will be on Heroes of Mavia ahead of its Beta phase launch in Q4 2022.
WeSendIt is a crypto enterprise that offers decentralized solutions for file sharing and cloud storage. Over three million customers across 150 countries have already partnered with WeSendIt due to the company’s stellar reputation in the sector, which has been built up over 10 years of consistent results.
WeSendIt has recently announced ‘WeSendIt 3.0’, which will allow the platform’s users to earn tokenized rewards by sending data.
This BEP-20 token will have various use cases within WeSendIt’s system, such as advertising, subscription discounts, and scalable data storage. Users can also earn WSI tokens simply by referring others to the platform.
The private sale of WSI tokens is scheduled to begin in September 2022, with the presale coming in November 2022.
However, WeSendIt’s team has set its sights on obtaining an exchange listing by the end of the year – making this one of the best ICOs from a speculative standpoint.
As stated by CoinMarketCap, Kryptview is a data platform dedicated to community research on tokens and cryptos.
This unique platform rewards users for in-depth analysis of crypto projects, providing a clear incentive to participate in the Kryptview ecosystem.
Aiming to be the first ‘research-to-earn’ platform to hit the mainstream, the Kryptview project has already received backing from major players such as The Blox and Matters.
Interestingly, the platform’s users can add ‘research bounties’ to specific assets, enticing researchers to provide information and generate income.
The Kryptview token (KVT) is used for rewards distribution and additional perks, making it a crucial part of the ecosystem.
The KVT ICO is set to go live on October 13th and will see 12.5% of the total supply being offered to early investors – allowing them to benefit from price increases if the token becomes listed on major exchanges in the future.
Goons of Balatroon may well end up as one of the best crypto ICOs for those interested in trading card games.
Put simply, Goons of Balatroon follows a similar structure to the super-popular Gods Unchained game, meaning players can build a deck of cards and battle against other factions.
The exciting thing about this game is that it’s free to play, meaning there are no barriers to entry for beginners. Each card is structured as an NFT, providing true ownership and ensuring that cyber attackers cannot alter the card’s attributes.
Over 250 cards are available to own in the Goons of Balatroon ecosystem, with players able to earn GOB tokens by winning battles.
Finally, Goons of Balatroon has already been backed by leading funds such as Maven Capital and SkyVision Capital, providing the foundation for a successful ICO.
Rounding off our list of the best crypto ICOs to buy is CowSwap. CowSwap is a Meta DEX aggregator, meaning market participants can swap tokens using gasless orders.
Moreover, CowSwap aggregates pricing data from various sources, ensuring the best price is always offered.
Like other DeFi protocols, CowSwap allows users to provide liquidity and generate a yield for doing so. The protocol itself is structured as a decentralized autonomous organization (DAO), meaning governance is handled by holders of CowSwap’s native token, vCOW.
Given the rapid growth of the DeFi sector, CowSwap’s low-fee approach is likely to appeal to a broad audience of potential investors.
In addition, since CowSwap works with the entire universe of ERC-20 tokens, this puts the exchange in a prime position to benefit from ‘The Merge’ – Ethereum’s upcoming transition to a Proof-of-Stake (PoS) consensus protocol.
Gemini defines a crypto ICO as a type of blockchain-enabled crowdfunding that allows a crypto project to raise funds by selling tokens.
The tokens that are offered tend to have a use case within the project itself, meaning early investors can become a part of the community before the project has even launched.
Most of the time, crypto ICOs will allow investors to purchase tokens at a discounted price relative to their eventual listing price. This is done to entice investors to participate in the ICO and generate publicity, which is crucial to a project’s growth.
The concept of crypto ICOs is not new, having been around since the early 2010s. Ethereum is one of the most notable projects to begin its life as an ICO, as early investors were able to acquire ETH for just $0.31 per token back in 2014.
Given that ETH tokens are now valued at around $1,700 – and has been as high as $4,800 – it’s clear why ICOs are so popular with risk-seeking investors.
However, it’s also essential to bear in mind that crypto ICOs are generally unregulated, meaning they are not supervised or policed by leading institutions.
As such, investors looking to participate in crypto ICOs must do their due diligence and be aware of the risks before deciding to purchase tokens.
Visit Tamadoge
Initial coin offerings are scheduled events that last for a specific amount of time which is decided on by the project’s team. The team will set a date for the ICO and determine their fundraising goal.
This goal will usually have a soft cap and a hard cap, which state the minimum and maximum number of tokens to be sold. Once the ICO has gone live, the purchasing process tends to look something like this:
As the process above highlights, all that’s required to participate in an ICO is a crypto wallet and some digital currency holdings to make the exchange. However, this does mean prospective investors must own some crypto ahead of the ICO.
Visit Tamadoge
Finding the best crypto ICOs can be challenging – especially given how saturated the crypto market is. However, the three strategies below can help separate the high-potential ICOs from those that are likely to fall by the wayside:
One of the most important things to do when considering an ICO investment is to review the project’s whitepaper and roadmap. These elements help inform whether the project will have longevity or not, which is a crucial factor in an ICO’s success.
The best ICOs tend to have detailed whitepapers that clearly explain what the project looks to accomplish and how it plans to do so. It’s also wise to ensure the whitepaper is grammatically correct and has no obvious spelling errors, which tend to be a hallmark of a hastily-formulated project.
Another helpful tactic to find the best crypto ICOs is to use social media. Social media platforms such as Twitter and Reddit have become valuable resources for crypto investors since they can offer real-time insight into a project’s progress.
With marketing playing a massive role in an ICO’s success, most development teams will emphasize social media to foster strong community backing.
Thus, prospective investors can quickly identify projects with high potential by keeping tabs on ICO cryptos that are generating buzz on Twitter and Reddit.
Finally, investors can also use an ICO calendar to keep track of current and upcoming ICOs.
The CoinMarketCap ICO Calendar is widely used in this regard, as it clearly shows the start date, end date, and funding goal for the scores of forthcoming projects.
Although ICOs are undoubtedly a widespread phenomenon within the crypto market, can they be considered a good investment? Detailed below are three reasons why crypto ICOs may be appealing to speculative investors:
Taking part in an ICO allows investors to become part of a growing community at the very beginning of the project’s life cycle. This has the added benefit of enabling like-minded people to interact with each other and form relationships whilst also providing feedback to the project’s development team.
Naturally, one of the main benefits of investing in an ICO is the vast returns potential that they can offer. Since most ICOs offer tokens at a reduced price point, early investors are in a great position to benefit if/when the token is listed on a major exchange.
A prime example of this was the EOS ICO, which saw investors generate quadruple-digit returns once the token was listed on centralized exchanges.
Finally, many ICO cryptos will offer exclusive benefits to entice early investors. The specific benefits can vary wildly but may include premium NFTs or access to merchandise.
There may even be private Discord servers that only ICO investors can join, providing an incentive to participate.
In summary, this article has taken an in-depth look at 10 of the best crypto ICOs to launch in 2022, covering what they offer and why they have generated such high momentum.
Thanks to the innovative use cases displayed by these projects, investors remain eager to see how well they can perform in the weeks and months ahead.
Tamadoge remains top of our initial coin offering list, thanks to the unparalleled buzz generated through the project’s presale.
Unlike other projects, Tamadoge offers a unique approach within the meme coin niche and has already generated $12 million in funding – hinting that the future could be exceedingly bright for investors.
Visit Tamadoge
How does an ICO in cryptocurrency work?
When an upcoming ICO is announced, early investors will have the opportunity to buy tokens using a ‘bridge’ cryptocurrency – such as ETH or BNB. The project’s team will provide a crypto wallet address to send funds to in return for tokens, with the token price being either fixed or variable, depending on demand.
Is investing in ICO crypto a good idea?
Investing in upcoming ICOs is inherently risky since projects are still in the early stages of their lifespan, so nobody knows for certain whether they will be successful. However, investors with a higher risk appetite can often generate considerable returns when an ICO crypto is listed on a major exchange since they will have been able to acquire tokens at a discounted price.
How do I buy crypto ICO?
Participating in an ICO is as simple as heading to the project’s official website and connecting a crypto wallet. Following this, investors will be able to buy tokens using a bridge currency (e.g. ETH, BNB), after which the project’s team will send the relevant number of tokens to the investor’s wallet.
Was Ethereum an ICO crypto?
Yes – Ethereum started as an ICO in 2014, raising over 7,000,000 ETH (around $2.2 million) in the first 12 hours of tokens going live. By the end of Ethereum’s presale, the development team had raised a remarkable $18.3 million for the project.
What are the best crypto ICOs to buy in 2022?
Topping our crypto ICO list is Tamadoge since this project has already raised over $8.5 million and sold out its Beta sale allocation two months ahead of schedule. Aside from Tamadoge, Battle Infinity is also an intriguing prospect since this project combines fantasy sports features and P2E gaming in a unique way.
A quick 3min read about today's crypto news!
About Author
