According to Coinschedule, over $3.7 billion dollars have been raised through ICOs in 2017 with the largest campaign raising $257 million in a month. The meteoric rise of this new form of startups financing has proven to be disruptive, threatening to take over the traditional ways of startup financing among them early-stage VC funding.
In 2018, the trend is expected to continue with the rise of ICO 2.0. Here are the top 10 ICOs we believe will be on top of the game this year.
WePower is a global blockchain-based greed energy trading platform that allows users to invest or trade in tokenized green energy at scale.
In October 2017, the firm raised $3 million in a public token pre-sale.
The main ICO is expected to kick-off in February 1st, 2018 and end in February 14th, 2018.
According to WePower, over 36,800 investors are already registered for the token sale. The ICO will have a soft cap of $5 million and a hard cap of $35 million.
Covesting is a blockchain-based platform that allows inexperienced investors to copy the trading strategy of top cryptocurrency traders across the globe.
In a pre-ICO that happened between 20th October 2017 and 19th November 2017, the platform raised over $1.1 million in funding, achieving its set soft cap.
The public token sale started in November 24th, 2017 and is scheduled to close on 15th January 2018. The ICO has been rated as “Stable +” by ICORating, a rating agency that issues independent analytical research on ICO projects.
Covesting has appeared on Yahoo Finance, CNBC, Finance Magnates, Business Insider, and the Huffington Post as one of the most anticipated ICO projects in 2018.
Cypherium is a platform that aims to address the weaknesses of the current blockchain infrastructure, the main one being transaction scalability.
The developers of the platform include executives from Amazon, Google, and Microsoft.
According to ICODrops, Cypherium aims to fundraise $25 million in its ongoing tokens pre-sale. The public sale is expected to happen sometime this year.
Loci’s InnVenn platform leverages on the blockchain technology to enable inventors to find and claim their ideas and also create, buy and sell intellectual property.
According to Loci CEO, John Wise, the goal of the project is to eliminate the high costs, time wastage, and the lack of transparency witnessed in the traditional ways of patenting.
The platform’s public token sale started on 8th of December 2017 and will be ending on 31st December 2017. The hard cap for the token sale is $19 million.
RightMesh is a blockchain-based platform that aims to enable mobile connectivity to the masses without depending on expensive and fallible infrastructure and without requiring central control.
The project partners include Bitcoin Suisse, FirstCoin, FASKEN and Melrose Public Relations.
According to TokenMarket, Left™, an 80-person multinational and the parent company behind RightMesh has invested more than $5 million on the platform.
The platform token sale will open on 13th February 2018 and end on 27th February 2018.
RentBerry platform utilizes the blockchain and smart contracts technology to enable landlords and tenants to complete all rent related tasks in a single location without requiring a middleman.
The platform has been operating in the U.S. since 2015 and is expected to go global in 2018.
RentBerry token sale opened on 5th of December, 2017 and is scheduled to close on the 26th of January 2018. The ICO has a soft cap of $3 million and a hard cap of $30 million.
Telcoin is an ethereum-based cryptocurrency that can be distributed to mobile networks through their operators.
The goal is to enable digital currencies accessibility to everyone including those without a traditional bank account.
The Telcoin ICO started on Dec 11, 2017 and is scheduled to end on Feb 10, 2018. As indicated on their website, the ICO is already a success having achieved its soft cap of $10 million.
Telcoin has been featured on Bloomberg, CNBC, Yahoo Finance, Business Insider, Inc, Coin Telegraph, and South China Morning Post.
Thrive applies the blockchain and smart contracts technology to establish a meritocratic and community-based premium advertisement marketplace where all the participants get rewarded for their contributions.
Thrive token sale will be opening on the 15th of March 2018 and will be closing on the 5th of April 2018.
The ICO target is €25 million.
Carblox is a decentralized vehicle registry platform that utilizes blockchain and IoT to help buy and sell vehicles and vehicle-related services in a secure and transparent manner.
The public token sale will be opening on January 10, 2018, and is scheduled to close on February 10, 2018.
Given their revolutionary technology and the enormous size of the vehicle industry, the ICO is anticipated to be big.
Peerity is an activity network that aims to disrupt the world of social media by allowing users to own their data as well as rewarding them for their activity within their communities.
The goal is to eliminate the “people as a product” model adopted by the traditional social media companies, and allow people to be in control of their data.
Peerity token sale will open on the 1st of February 2018 and end on the 2nd of March 2018.