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Top 10 ICOs that Broke the $1 Million Funding Mark in Less Than a Day in 2017

  • 12 January 2018
  • Joseph Maurice

Thanks to blockchain technology, major disruptions are happening almost across all industries, ushering in a more efficient and transparent world order. The biggest changes are occurring in the financial sector from the literal concept of money to the way businesses raise financing.

In 2017, Initial Coin Offering (ICO), the blockchain way of raising capital from the public, emerged as the top trend in startup funding with some companies raising millions in a matter of seconds. Here are the top 10 ICOs that managed to fundraise over $1 million in less than a day.


Founded by the former Mozilla CEO and the founder of JavaScript, Brendan Eich, Brave is a free, open source web-browser that allows fast and secure web surfing by blocking ads and trackers that violate user’s privacy.

The platform applies the blockchain technology to enable users to anonymously reward content makers.

Block ads and trackers – Brave

In May 2017, Brave broke record by raising $35 million from its ICO, in less than thirty seconds.


Status.im is an open source web browser and messaging platform designed to allow interaction with decentralized applications on the ethereum platform.

The aim is to enable Smartphone users across the globe to own and control their data, wealth and digital identity.

Status.im ICO happened in June 2017 and was a huge success, managing to raise over $100 million in less than 3 hours.


FileCoin utilizes the blockchain technology to enable users to rent their unused digital storage space online and get rewarded in the process.

Individuals willing to share their extra storage get paid for using the Filecoin mining software to fulfill storage requests on the Filecoin market.

Payments are made in Filecoins which can then be exchanged for USD, BTC, ETH and more.


FileCoin ICO has been identified as the largest in 2017 after raising $257 million. According to Coindesk, the token sale raised over $200 million in the first 60 minutes.


Bancor is a platform that leverages the blockchain and smart contracts technology to enable startups to easily launch, manage, and trade their own tokens.

The aim of the platform is to open up the token sale market to everyone including those without technical know-how.


In June 2017, Bancor issued an ICO that became very successful after managing to raise $153 million in less than three hours.



Qtum is a hybrid platform that develops blockchain applications that are executable on mobile devices and are compatible with most of the existing blockchain ecosystems.

Qtum ICO happened in March 2017 and was very successful after raising $15.6 million in 4.8 days.

In the first 90 minutes of the token sale, the platform had raised $10 million, which translates to around 70% of the total sale.


Aragon is a decentralized management platform that uses smart contracts to provide basic company management features such as governance, accounting, cap table management, payroll, fundraising, and others.

Through its May 2017 ICO, the platform managed to fundraise $25 million in under fifteen minutes.


Blockchain Capital (BCAP)

Blockchain Capital is the first VC firm dedicated to investing in entrepreneurs who are fostering innovation in the blockchain economy.

In April 2017, the firm raised over $10 million in six hours through the sale of its tokens.

Following the ICO, the firm announced that it will be investing in Parity Technologies, the creator of the Parity Ethereum Platform.

Blockchain Capital –


The ICON project aims to connect blockchain communities and enable them to transact with each other without requiring intermediaries.

ICON is also working on a blockchain-based open source environment to allow different organizations such as hospitals, universities, financial institutions and government departments in a country to connect and interact with each other freely.

ICON Network

ICON token sale took place in September 2017 and was a huge success, managing to raise $45 million in around six hours.


SwissBorg is a decentralized platform that provides B2B and B2C crypto wealth management technology, products and services.

The project aims to revolutionize the wealth management industry with a community-centric approach powered by Ethereum and Smart Shares.


Swissborg Ecosystem

SwissBorg token sale opened on December 7th and managed to fundraise over $10 million in the first 12 hours.



SingularityNET is a decentralized marketplace for AI founded by Hanson Robotics, the company behind the famous robot Sophia.

The platform makes it possible for anyone to buy and sell AI at scale.

The SingularityNET token sale happened on the 19th of December 2017 and managed to raise $36 million in one minute.

About Joseph Maurice

Joe is a financial writer with over five years of experience writing about the stock and commodity markets. He is a CPA and a finance graduate, currently pursuing a professional course in insurance. As a copywriter and an online marketer, he is happy writing about startups, business news, company trends, real estate, derivatives, foreign exchange, commodities, stock and debt instruments.