WordPress Hosti
HomeCryptocurrencyWhat were the Biggest ICOs of 2018?

What were the Biggest ICOs of 2018?

Best Jumia Tech Week Deals

Initial Coin Offerings (ICOs) are becoming an attractive fundraising method for companies looking to launch projects, with several startups and established companies choosing ICOs over IPOs (Initial Public Offering in stock markets), amid low regulatory requirements and the potential to raise high levels of funding.

In exchange for funds and support, investors receive a new cryptocurrency coin which they hope will rise in value with the success of the company. Investors can make big gains by investing in the right ICOs at the right time.

The infographic below shows eleven companies that have received millions of dollars from investors using an ICO to expand their businesses. Their token prices appreciated significantly since launching, resulting in a massive return on investment for their investors.

Infographic source: icowatchlist.com

What were the biggest ICOs of 2018?

Stratis (STRAT) is the biggest ICO of 2018 considering the high return on investment. The UK-based platform sold its first coin at just $0.0073 in 2016 but is now trading at around $1.54, representing an ROI of 23,629.35%.

NEO (NEO) is another example of a token that has generated huge returns for investors. After launching in 2016 with a token price of $0.1590, the NEO coin is currently trading around $16.57, representing an ROI of 14,177.50%.

- Advertisement -Fiverr Business

The success of startups depends on the nature of the solutions they offer to the world. Populous (PPT), for instance, has developed a blockchain focusing on an invoicing system for small businesses, which has been applauded by business owners. Thus, its coin price increased sharply to a current rate of $3.50, compared to its starting price of $0.2522 in June 2017.

Considering the performance of the above ICOs, it appears that one can turn a modest investment into millions by investing in the right startups. The success for the investor is dependent on their potential to pick businesses that show the potential for success.

Related Topics

AliExpress 11 11 Sales
NaijaTechGuide may receive financial compensation for products/services purchased through affiliate links on this site. See full Affiliate Disclosure Here
NaijaTechGuide Team
NaijaTechGuide Team
NaijaTechGuide Team is made up of Experienced Tech Enthusiasts and Professionals led my Paschal Okafor, a graduate of Electrical and Electronics Engineering with over 17 years of Experience writing about Technology. Some of us were writing about Mobile Phones before the first Android Phones and iPhones were launched.

Recommended Read on NaijaTechGuide

Best Marketing Automation Software 2024

You need the best marketing automation software to scale your business fast and convert...

Best Content Marketing Tools for 2024

As a content marketer, you have a lot of tasks to accomplish. You need...

Best VPN Services Providers for 2024

The internet is one of the greatest achievements of humanity, but it is also...

Best Laptops for Students 2024: 11 Top Picks to Choose From

So, you are a student who is looking to get the best laptop they...

Samsung Phones and Prices in Nigeria 2024

Samsung Galaxy Phones are the secret of Samsung's dominance in the smartphone market. Samsung...

Cheap Android Phones 2024 – Price, Specs, and Best Deals

Android phones are the most popular smartphone category. The popularity of Android phones are...

Best Android Phones 2024 – Price, Specs, and Best Deals

New Android Phones are launched into the market every week. This means that if...

Best Web Hosting Services for Building Websites in 2024

A good and reliable web hosting service will make a big difference for your...
Fiverr Business

More like this

The Ethical Considerations of Bitcoin Investment

Bitcoin, the first decentralized cryptocurrency, has won massive recognition and interest from individuals and...

Analyzing Market Trends: A Guide to Successful Bitcoin Investment

Investing in Bitcoin, the pioneering cryptocurrency, calls for a deep knowledge of marketplace developments...

A Step-by-Step Guide for Beginners: Investing in Bitcoin

Bitcoin, the pioneering cryptocurrency, has captured the imagination of investors worldwide with its ability...