An ICO, short for initial coin offering, is an event where a project raises capital by selling cryptocurrencies.
ICOs come with the potential to generate sizable returns – given that individuals are able to identify the right project to invest in.
This guide explores the best crypto ICOs to consider and what risks to take into account before making an investment. We also offer a list of the best upcoming ICOs for 2022.
The 10 Best Crypto ICOs in 2022
Let us start by taking a look at the best crypto ICOs that are to set take place in 2022.
- Lixiana – Decentralized Marketplace With Native Token
- VisaMetaFi – Peer-to-Peer Crypto Payment Method
- Chain of Legends – Play to Earn Game with Digital Token
- SubQuery – Blockchain Developer Toolkit for Web3
- Koakuma – MultiPlayer NFT Game
- Pixel Hub – Play to Earn Arcade Game
- Fusotao – Verification Protocol With Decentralized Infrastructure
- Juniverse Token – Food Company With Tokenized Games
- Bioviratech – Blockchain-Based Vaccine Distribution
- Entice – Multi-Faceted Crypto Ecosystem
We analyze the new crypto ICOs listed above in the next section.
Cryptoassets are a volatile financial asset so conducting your own market research is vital before investing any capital.
A Closer Look at the Best ICO Crypto Projects
Before investing in a new crypto ICO, it is crucial to research the project behind the digital token. To determine the top projects for our crypto ICO list, we evaluated the platform’s prospects as well as its roadmap.
In the following sections, we discuss the best ICO crypto projects that are set to launch in 2022.
1. Lixiana – Decentralized Marketplace With Native Token
Lixiana was created in early 2022 with the idea to set up a decentralized marketplace for digital assets, resources, and services. The platform is still in its initial stages and is in the phase of developing the frontend features of its marketplace.
Nevertheless, Lixiana has already managed to secure partnerships with several merchants who will be selling its services and products on the platform.
Lixiana has designed a digital token, Lixi, which will be used to power this marketplace. Lixiana users will be able to pay for products and services using the Lixi token. The ICO for Lixi tokens will commence on 1st July 2022 and will continue until 15th September 2022.
Lixiana also comes with a crypto wallet that can be used to store Bitcoin, Ethereum, Binance Coins, and Lixi tokens. The wallet also doubles up as a platform to trade digital assets. Moreover, users of the Lixiana wallet will also be able to receive Lixi tokens as weekly bonuses.
Lixi coins can be purchased by exchanging BNB tokens. The minimum transaction amount required is 0.01 BNB. To get started, users can buy BNB tokens via a regulated broker such as eToro.
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2. VisaMetaFi – Peer-to-Peer Crypto Payment Method
VisaMetaFi features a decentralized crypto payment system that can be used across blockchain-based platforms and online merchants. This includes Web3, DeFi, DAO, Metaverse, and MetaFi. Individuals can use the MetaFi visa card in order to make payments in both real and virtual worlds.
Through VisaMetaFi, individuals can transfer stablecoins to any part of the world and crucially – without paying any transaction fees. Ever wondered how to earn interest on stablecoins in 2022?
There is also no need to swap digital coins or convert crypto to fiat to make a payment – as everything will be processed by VisaMetaFi. The company has partnered with many merchants, such as Booking.com, Wise, Now Payments, and more.
The first four phases of the project have been completed successfully – and the project has already managed to reach 50,000 new users. According to the roadmap of the project, the next phase is to launch the digital token VisaMetaFi (VISA). At the ICO, the platform plans to sell 20% of the total supply of the coin.
The VISA token is built on the Binance Chain and can be purchased using BUSD coins. The initial price is set at $0.000009 per token. The ICO of VisaMetaFi will start on July 1, 2022, and will continue until October 1, 2022.
3. Chain of Legends – Play to Earn Game with Digital Token
Chain of Legends is emerging as one of the best play to earn games of 2022. The game has several aspects to keep players engaged – such as mining, adventures, challenges, battles, and more. As the game progresses, gamers will need to work in teams to earn NFTs as rewards.
New players can participate in the game without paying anything, as it offers one free NFT to start with. However, to get ahead, gamers will have to buy NFTs using CLEG tokens. There is a total supply of 1 billion CLEG tokens, out of which 600 million are set aside for use in the play to earn game.
The ICO for the CLEG tokens will take place on July 3, 2022. Out of the 1 billion supply, about 6 million coins will be available for sale, at a price of $0.008 per token. The sale is public and the platform accepts payment in USDT.
Moreover, Chain of Legends has set up a deflationary system that limits token mining. This is done by burning the CLEG coins aggressively and reducing rewards over time. This way, the platform suggests that the scarcity of CLEG tokens will help them gain more value in the future.
4. SubQuery Network – Blockchain Developer Toolkit for Web3
Due to the way decentralized data is currently being stored, it takes a considerably long time to build complex applications This is where SubQuery comes in. This network aims to build a solution to address the inefficient processing and querying of blockchain data.
It functions as an open-source, data-as-a-service provider, making it easy for developers to retrieve information from blockchain networks.
It aggregates and organizes data from Polkadot, Substrate, and Avalanche – and is planning to offer support for new blockchains in the future. The SQT is the best utility token of this network, which will be provided as an incentive for participation.
The token will also be used to carry out transactions within the SubQuery Network. Individuals can buy the SQT token during the ICO, which is planned to start on July 19, 2022. Only 9% of the total SQT supply is allocated for the event, and at a starting price of $0.0275 per coin.
The first round of the ICO is only accessible to whitelisted users, whereas the second and third are open to the public. Investors can buy SQT tokens by exchanging USDC on the Ethereum network.
5. Koakuma – MultiPlayer NFT Game
Koakuma is also one of the most awaited crypto games of 2022. This multiplayer online ARPG game features combat systems set on a graphic-intense metaverse. In the game, players will have to complete challenges and fight battles using specifically designed NFTs.
The project is built on Polygon and Binance Smart Chain networks. The game is still in the early stages, however, it is possible to try out the demo.
Like most other crypto projects, Koakuma also has a native digital token, $KKMA, which will be used for governance.
While players can earn these tokens as in-game rewards, it will also be possible to purchase the $KKMA coins in primary and secondary markets. The ICO will take place on July 21, 2022, and is accessible to the public.
6. Pixel Hub – Play to Earn Arcade Game
Pixel Hub is one of the best NFT games for those who prefer an arcade-style interface. The platform is created on the Binance Smart Chain network and is available on both desktop and mobile devices. At the time of writing, it features over 20 different games.
The game has already caught the attention of avid players – the next step in this project’s roadmap is the ICO of its native utility token, PHT. This is the in-game currency that users can earn by playing games. However, those who hold PHT tokens in a non-custodial wallet such as MetaMask will also be able to earn rewards through ‘reflections’.
To elaborate, 3% of every transaction on Pixel Hub is distributed among existing PHT holders. In addition to this, players will also be able to play against others by entering PHT tokens into a pot. And a percentage of these tokens are burned regularly in every tournament, making PHT a defamatory coin.
The presale for PHT tokens will commence on July 15, 2022. To take part in the ICO, public investors will have to wait until August 15, 2022.
7. Fusotao – Verification Protocol With Decentralized Infrastructure
Fusotao is an application chain that holds users’ assets and verifies the matching transactions via off-chain exchange services. It is based on order books and charges no gas fees for transactions.
Developers and matchers can sign up on this platform and earn rewards for their efforts.
The incentives will be offered in the form of TAO tokens. In addition to this, those who hold TAO coins can stake them on Fusotao to collect extra rewards. TAO tokens will also be distributed among users of the Fusotao decentralized exchange.
The initial coin offering of TAO tokens is estimated to take place on July 25, 2022. According to the platform, the coin will go on sale on multiple DEXs, Details surrounding pricing and other core specifics of the ICO are yet to be announced.
8. Juniverse Token – Food Company With Tokenized Games
An increasing number of new companies are coming up with innovative ways to make money with crypto – Juniverse is one of them. This company manufactures food and healthcare products from Jaboticaba, a fruit that is native to Malaysia.
It plans to promote the use of superfruits across the world, through food products, pharmaceutical medicines, and by building a network of health clubs in different locations in Asia.
It has also launched a health app in order to create awareness of its products. Interestingly, the app features gamified health-related tasks and upon completing them, users can collect Juniverse tokens as rewards.
The Juniverse digital token also has other use cases within this ecosystem. For instance, users can stake these tokens to earn a share of transaction fees on the network, as well as a part of the profits from sales.
The tokens will be issued through an ICO happening in October 2022. The Juniverse tokens are priced at $1 per coin and can be purchased using USDT.
9. Bioviratech – Blockchain-Based Vaccine Distribution
Bioviratech was founded during the COVID-19 pandemic, in order to facilitate the fair distribution of vaccines. The platform is working with pharmaceutical companies to create 360 million contracts for vaccines, in case a future pandemic arises.
This way, Bioviratech presents an alternative to circumvent government and regulatory limitations on the distribution of vaccines.
Those who hold Bioviratech USD (BVTD) will be able to exchange their tokens for vaccines. However, bear in mind that the cost of the vaccine won’t be included when purchasing this coin. The platform intends to distribute these tokens through crypto airdrops, but individuals will also be able to purchase them through exchanges.
Moreover, there will be a limit to the number of tokens a person can buy – which will help with the fair allocation of vaccines. The project is being marketed internationally, in both public and private countries. The ICO of Bioviratech USD will happen on September 25, 2022.
However, individuals will be able to get their hands on BVTD tokens through private and presale events happening in July and August. The price of a single coin is $1, and the platform accepts payments via BNB, ETH, USDT, Mastercard, and VISA cards.
10. Entice – Multi-Faceted Crypto Ecosystem
Entice has positioned itself as one of the best new NFT projects to invest in right now. The purpose of the project is to create a digital crypto ecosystem of play to earn games, NFTs, and exchanges.
It even plans to build a crypto bank for digital tokens, which comes with fixed deposit plans and other features. And all this will be powered by the Entice Coin (NTIC).
At the time of writing, the platform has already started offering Entice Coins through a presale launch. Individuals can buy this token by connecting their MetaMask wallet to the Entice platform and by paying in MATIC coins.
A single Entice Coin is available for $0.13 during the presale. However, the official initial coin offering will take place in November 2022. During the public sale, the price of the token will be increased to $0.26.
The platform has also set up sales of Entice NFTs, which can be used within the game. To get started, individuals can buy MATIC from eToro and transfer the coins to the MetMask wallet.
What is a Crypto ICO?
An ICO is a popular method of raising capital for early stage crypto projects. In simple terms, blockchain-based companies or start-ups mint a certain number of their native digital tokens and offer them to investors – in return for funds.
For these companies, an initial coin offering is a relatively hassle-free way to generate money. On the other hand, for investors, an ICO comes with an opportunity to get in on the early stages of a project.
To give an example, the ICO of Ethereum took place in July 2014, at less than $1 per token. It ended up raising over $18 million and went on to become the second-largest cryptocurrency by market capitalization.
Today, to buy Ethereum, investors will have to pay more than $1,000 per coin. With that said, Ethereum has previously hit highs of nearly $4,000.
It is important to stress that finding the best ICO cryptocurrency can be incredibly challenging, especially, when there is no way of knowing how the project might turn out.
In other words, investors should exercise a high degree of caution when looking for the best crypto ICO to invest in.
How do Initial Coin Offerings Work?
When a company decides to host a new crypto ICO, it will announce all necessary details about the event in advance. This includes the date, specified rules, and the buying process.
The platform will also provide information regarding its digital token – such as the total supply, allocation, and use cases.
- The process typically involves visiting the project’s website to find the ICO information.
- Investors will then have to send funds to a specific crypto wallet address to make the payment.
- The price of the digital token is determined by the project ahead of the ICO.
- Most projects require a specific cryptocurrency from investors – which is often determined by the blockchain that the token operates on.
- Once the payment is made, investors can provide their wallet address to receive the digital tokens.
An ICO has many parallels with an initial public offering (IPO) for stocks. However, the main difference is that there is no financial authority regulating ICOs. This lack of regulation also makes initial coin offerings extremely risky.
For instance, any project that wants to raise money can launch digital coins and hold an ICO. They are not legally obliged to publish any financial statements or business plan.
Therefore, it ultimately falls into the hands of the investor to sufficiently research the project. As such, it can be incredibly difficult to find the best ICO crypto project to invest in.
Also, bear in mind that most projects accept payment for their ICO cryptos in digital tokens like BNB or ETH. This means that before setting out to invest in an ICO – investors might need to secure the required digital currency.
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How to Find the Top New Crypto ICOs
Finding the right early-stage project is no easy task. Today, there is an abundance of new investment opportunities that comes with the promise of high returns.
No matter the chosen path, there are a few metrics that individuals can and should consider when searching for the best ICO crypto for 2022.
Check the White Paper
The first step to researching an ICO crypto is to read the project’s white paper. This document tells prospective investors about the company behind the ICO, and its future strategies.
A poorly or vaguely written white paper is an indication that the project is not fully planned out.
A white paper typically includes the following details:
- The amount of money the project plans to raise
- How the funds will be used
- The business plan of the project
- The timeline of the ICO
- Background information regarding the founders and the team member of the project
It is not only sufficient for a company to have ambitious plans – but the best projects will also have a practical approach and a clearly laid-out plan on how to achieve their goals.
That being said, a good white paper does not guarantee success. Nevertheless, an incomplete or problematic white paper can be considered a sign of trouble.
Team and Partnerships
After looking at the white paper, the next aspect to consider is the team behind the project. If the project has experienced founders, then it can be a sign of market validation.
It is common for start-ups to list their team members and partners. However, many early stage crypto projects have been known to exaggerate their partnerships with other companies.
However, it would be a smart move to verify the credentials of the team and any claimed partnerships. An easy way to get additional information would be to look around the project’s blog or social media page.
If there is no post that details the specific nature of the partnership, it might be a red flag.
Tokenomics and Allocation
When looking for the best crypto ICO for 2022, it is also important to look at token allocation.
A company conducting the ICO should clearly indicate the maximum supply of the coin, as well as how the tokens will be distributed among the different parties involved.
For instance, a certain percentage of digital coins will always be distributed among founders, team members, and partners. The best ICO crypto projects will strike a balance between fair distribution of digital tokens and future reserves.
Are ICO Cryptos a Good Investment?
Some ICO cryptos have the prospect to turn into a good investment. However, it often depends on the specifics of the individual project, its target market, future potential, and more.
Nevertheless, there are some common advantages to investing in a crypto ICO – which we discuss below.
Low Entry Price
One of the best ways to make money with cryptocurrency is to invest in an early-stage project. Moreover, investing in an ICO allows individuals to obtain a low entry price.
Today, crypto projects also present their investors with different ways to earn money. It is no longer necessary to wait for the price of a digital coin to go up in order to realize a profit.
Instead, investors have the option to stake their digital assets and earn passive income, without having to sell their tokens.
Moreover, some digital tokens are also part of a gaming ecosystem and can be used to purchase NFTs. This means that early investors get a chance to buy rare NFTs before others can.
First Mover Advantage
Depending on the project, investors might also be able to benefit from the early bird advantage. Investors will be to unlock the benefits of owning the coin before it even becomes accessible via public exchanges.
Moreover, if the demand increases, the price of the coin will be higher when it hits the market, and early investors can sell at a profit.
This means that investing in an ICO can be very lucrative. This is, of course, assuming that the project continues to raise interest from buyers. If there is no demand for the token after the ICO, then the value of the coin can easily plunge.
Risks of Crypto ICOs
As noted, there is a high level of risk associated with cryptocurrency ICOs.
- While there are plenty of success stories, there are also many cases where investors have become a victim of a scam – where the project shuts down after raising money from its ICO campaign
- These days, many start-ups are turning to ICOs as a strategy to generate money, because they are unable to convince VC firms to invest in them.
- This is why it is of utmost importance to do sufficient research before investing in a crypto project.
Investors should take into account the metrics we mentioned above, and analyze the potential prior to risking their money in a
Cryptocurrency ICOs offer the chance to get in on the ground floor of a startup with high potential. However, given the volatile nature of the crypto industry, we suggest that investors build a diversified portfolio of assets, and not put their entire capital into an ICO.
Nonetheless, this guide has discussed some of the best crypto ICO projects to consider for 2022. Before proceeding, investors should spend time studying the different projects from our initial coin offering list – which will assist in making an informed decision.
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Next 10x Crypto – Lucky Block (LBLOCK)
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- 10,000 NFTs Minted – nftlaunchpad.com
Cryptoassets are a highly volatile unregulated investment product. Your capital is at risk.