What were the biggest ICOs of 2018?

What were the biggest ICOs of 2018?
Jumia Anniversary

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.

Get Loans up to ₦5,000,000 Compare Loan Offers, Apply Here
Apply for a Loan in Minutes

Jumia Anniversary Voucher

Infographic source: https://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%.

Get Quick Loan

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%.

Jumia Anniversary Sale

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

Paschal Okafor is NaijaTechGuide Team Lead. The article What were the biggest ICOs of 2018? was written by NaijaTechGuide Team. The article was last modified: November 22nd, 2018

Jumia Anniversary

NaijaTechGuide may receive financial compensation for products/services purchased through affiliate links on this site. See full Affiliate Disclosure Here