Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. A crypto IDO, which stands for Initial DEX Offering, is the practice of selling new crypto tokens by hosting them on decentralized exchanges (DEXes). First seen as early as 2013, IDOs are an increasingly popular way of raising funds for the further development of crypto projects, especially as centralized platforms fell out of favor among investors in 2023. IDO cryptos are a profitable way of getting your hands on the tokens of new crypto projects that might have the potential to boom in the future. However, choosing the right one is not as easy as it may sound. The crypto industry has been the hottest topic ever since it came into the limelight, and many new crypto projects are released every now and then. In this guide we compare the top IDO crypto projects – and with every IDO crypto listing, we review what the project offers and its future potential. Upcoming Crypto IDOs – Top List Here’s a brief look at the best crypto IDOs of this year. You can find a detailed view of each IDO right after this section. Bitcoin Minetrix – Overall the Best Crypto IDO of 2023 Bitcoin ETF Token – Crypto IDO With Massive Growth Potential Meme Kombat – Combining Decentralization with AI-Powered Crypto Gaming TG.Casino – One of the Best IDO Crypto Casino Tokens with Potential Launchpad XYZ – Crypto IDO Simplifying Web 3 yPredict – An AI Crypto IDO of 2023 Chimpzee – Green Crypto IDO of 2023 A Detailed Look at the Best IDO Crypto Projects We’ve explored the following top 10 IDO cryptos in detail to bring you this comprehensive guide, including their goals and future potential: Bitcoin Minetrix – Overall the Best Crypto IDO of 2023 Bitcoin Minetrix is one of the best IDO crypto tokens to buy this year and has drawn interest from crypto enthusiasts worldwide. The platform combines the ideas of staking and mining to provide a tokenized cloud mining ecosystem characterized by safety, low entry barriers, and no upfront payments. The official whitepaper explains that users can stake the platform’s native $BTCMTX tokens in return for mining credits. The $BTCMTX ERC-20 tokens are non-transferable and are burned in return for mining time or a percentage of the mining yields. To buy and stake BTCMTX tokens, users of Bitcoin Minetrix only need an Ethereum-compatible wallet, such as MetaMask. Through its novel stake-to-mine concept, Bitcoin Minetrix attempts to address the issue of high hardware prices and misleading scams that have discouraged users from BTC mining. This approach has earned the interest of several investors already. The token raised more than $100,000 in just one day after being announced as a presale. Bitcoin Minetrix’s presale has a soft cap target of slightly over $15 million divided into 10 phases. Interested investors should eye Bitcoin Minetrix as one of the best IDO cryptos of 2023 and take full advantage of the presale prices immediately. Visit Bitcoin Minetrix Presale Bitcoin ETF Token – Crypto IDO With Massive Growth Potential If you are an investor and enthusiast of the frontrunner crypto Bitcoin, then the Bitcoin ETF Token may be a great option to consider as an IDO. This project was introduced very recently and has since garnered attention from the wider crypto community. The Bitcoin ETF Token is a project created to supposedly celebrate the milestones that Bitcoin is set to achieve in the upcoming months and years. The project, as its name suggests, has been developed thanks to the increasing hype of a potential Bitcoin ETF being made available to investors shortly. While not a lot of information about the ETF has been provided yet, it is likely to happen, which could then propel the price of BTC to a substantial sum thereafter. As the project has been made to celebrate the launch of not just a single ETF but also other achievements of Bitcoin, the developers have already created a roadmap that features exciting project updates as soon as each milestone is reached. All these updates (which include token burns and a reduction in tax) have been designed to increase the demand for the project, which could help the token rise in value even further in the future. The native token for the project is BTCETF, which has been created with strong tokenomics to ensure the sustainability of the project in the long term. Investors may also stake this token for impressive returns and make passive income simply for holding the tokens this way. With a contract code audited by Coinsult and a trending concept as its main selling point, the Bitcoin ETF Token’s IDO could be a lucrative opportunity for investors to consider at the moment if they are looking to make major gains. Visit Bitcoin ETF Token Presale Meme Kombat – Combining Decentralization with AI-Powered Crypto Gaming One of the best IDO crypto to buy in 2023, Meme Kombat combines the competitive thrill of battle arenas with the fascinating world of memes. The project takes on a novel approach to P2E gaming using cutting-edge technology and the decentralized power of the Ethereum network. As of now, the project offers three primary services. First, Automated Battles on Meme Kombat bring Meme Coins to life. They direct on-chain combat using cutting-edge AI technology. The second feature is Gambling, which allows token holders of the platform’s native crypto token, $MK, to place wagers on battle outcomes. Successful bettors may collect significant rewards, including extra $MK tokens. The third and final feature is Staking $MK tokens, which enables token holders to earn a passive Annual Percentage Yield (APY) of 112%. $MK is all about participation and community engagement, and many tokens have been kept aside for community rewards. Half of the token supply is available during the ongoing $MK presale in anticipation of the platform’s launch. 10% of the total supply is reserved for pairing with a liquidity pool on a decentralized exchange. With a hard cap of $10,000,000 and a token price of $1.667, Meme Kombat is one of the best IDO crypto coins for early investors seeking exceptional gains. Visit Meme Kombat Presale TG.Casino – One of the Best IDO Crypto Casino Tokens with Potential The all-new TG.Casino combines the efficiency of crypto transactions with the unparalleled potential of the messaging platform Telegram to take the online casino experience a notch higher. The platform delivers various games without the hassles of KYC, the option of anonymous gaming, high roller opportunities, and stake rewards. TG.Casino aims to address the long-standing concerns of traditional casinos, including transaction delays, high costs, and questionable transparency. Licensed by the Curacao Gaming Commission and powered by the blockchain, the platform ensures safety, security, and fairness. The platform’s native cryptocurrency token $TGC is a unique digital asset that offers users unrivaled benefits and rewards. Currently on presale, $TGC is a potent gaming crypto coin investors may consider for passive revenue streams, high-roller rewards, and a growing community. Its unique concept and features make TG.Casino one of the best IDO crypto projects to invest in 2023. Visit TG.Casino Presale Launchpad XYZ – Crypto IDO Simplifying Web 3 Launchpad XYZ is a revolutionary blockchain-based crypto project that simplifies the complex world of Web 3.0 investments by providing users with smart data, analytics, and insights on crypto and NFT investments. It is an all-in-one dashboard that aims to make Web3 investing accessible to everyone, including beginners. The platform provides a wide range of features to simplify Web 3.0 investments, including access to high-value fractional assets such as supercars and real estate, a decentralized exchange (DEX) to trade NFTs and swap tokens, and exclusive access to private ICOs. Launchpad XYZ incentivizes users to hold and stake their proprietary token, LPX, to gain access to exclusive features like ICO and NFT mint alerts and passive rewards. Launchpad’s Launchpad XYZ Quotient tool is an artificial intelligence-based risk-reward scoring system that helps investors make informed decisions. The platform also allows investors to own a small fraction of high-value assets, such as the $20 million Bugatti La Voiture Noire or the $200 million hotel in London, by investing even with limited resources. The LPX token sale is currently taking place through the presale, with 250 million tokens up for grabs. Early investment during the pre-sale is encouraged to take advantage of the reduced prices. After the pre-sale ends, LPX tokens will be available for purchase on the Launchpad XYZ exchange for double the initial price. Launchpad XYZ aims to make it easier for crypto investors to make smart investment decisions in the complex world of Web 3.0. Whether you are a beginner or a seasoned investor, Launchpad’s all-in-one dashboard and unique features make it worth a look. Visit Launchpad XYZ Presale yPredict – An AI Crypto IDO of 2023 yPredict is an excitingly new platform that leverages a combination of data science, artificial intelligence, and machine learning to analyze market trends, identify patterns, and generate accurate predictions about the future of various cryptocurrencies. With yPredict, users gain access to valuable insights on cryptocurrency investments through the use of predictive analytics. The platform offers a comprehensive range of advanced tools and techniques, enabling users to make informed investment decisions in the ever-changing and unpredictable cryptocurrency landscape. Keep yourself in the loop with the latest updates on cryptocurrency market trends with yPredict.ai’s real-time monitoring and alerts. This platform offers advanced tools and techniques that make successful investments in the volatile world of cryptocurrency more accessible than ever before. yPredict.ai caters to all cryptocurrency investors with its easy-to-use platform. Its intuitive interface is easy to navigate, and predictive analytics technology equips investors with the tools needed to make confident decisions in the volatile crypto world. While the platform hasn’t been launched yet, investors can become a part of the project by participating in the YPRED presale currently live on the official website. YPRED is the native utility token of the project, and available to purchase for $0.05 in the current round of the presale, and the price will increase to $0.07 in the subsequent round, until the tokens list for $0.12 on centralized exchanges. Visit yPredict Presale Chimpzee – Green Crypto IDO of 2023 Chimpzee is a new Web3 project that is aimed at protecting endangered wildlife, combating climate change, and safeguarding our natural environment. The project is incentivising individuals and businesses to take the necessary steps to help our environment replenish. The project is introducing a self-sustaining NFT marketplace, where users can engage in trade and in return earn a share of the profit accrued through the tradings. This model is unprecedented and Chimpzee is the first project to introduce it. In addition to this, the project also has a commercial hub with a Shop-to-Earn model. Here users can purchase merchandise and gear and in return can contribute to environmental protection, as a percentage of the proceeds will go to a charity which works for these causes. Another key feature is its Play-to-Earn feature, where users will earn rewards in the form of CHMPZ tokens to participate in the ecosystem’s Zero Tolerance Game. The project also has an NFT passport component, via which holders of these passports will stand to gain access to increased earning potential and exciting rewards and bonuses. However, these passports are limited and can be bought by mostly those who participate in the project’s presale. Chimpzee is currently holding a presale for their native token, CHMPZ, where each token is priced at $0.0007. The presale is currently in stage 7 of the 16-stage presale. The price of the token will continue to increase as the presale moves from one stage to another. Experts recommend investing in this token now while it is still available at a highly discounted price. Visit Chimpzee Presale What is a Crypto IDO? Understanding an IDO is as crucial as knowing the best crypto IDO platform. As we’ve already discussed the best IDO crypto platforms, let’s move ahead with what a crypto IDO is. IDO or Initial DEX Offering is a crowdfunding method where the new crypto token or coins gets introduced on the DEX (decentralized exchanges) to raise capital. The funds will further be used in the development or marketing side of things for the project. IDOs allow people to buy the tokens at a relatively lower price before they are listed on the centralized exchange platforms like Coinbase or Binance. How Does a Crypto IDO Work? The working of a crypto IDO is quite straightforward. Firstly, a fixed number of tokens will be allotted on the platform at a fixed value. Users will then lock the funds in return for their tokens and get them during the token generation event (TGE). Usually, the tokens get locked up for a shorter period; this entirely depends on one project to another and typically lasts for months. The IDOs are available or accessed with the help of decentralized exchange launchpads such as TrustPad. These fundraising platforms are specifically designed for early-stage investors that promise safety and temporarily maintain the raised funds. IDO VS ICO IDO and ICO may appear similar, but they certainly aren’t. Here’s how you can differentiate between them. ICO stands for Initial Coin Offering. This is also a fundraising technique where a company willing to raise funds to build an app or coin can do it by launching an ICO. Unlike IDO, the fundraising gets conducted by the project that is launching the ICO, i.e., the company itself. When it comes to the ICOs, they offer a greater number of tokens for lesser money and are usually private and seek investors with larger capital. Also, the investors must wait for a listing on an exchange to then buy cryptocurrency tokens they are interested in, as they are not immediately available with ICOs. Here are a few notable benefits of IDOs over ICOs one must consider: Lockup period— There are no lockup periods when it comes to IDOs, and instant tradings can be done, whereas ICOs come with a vesting time that may last up to months Liquidity— There’s enough liquidity with IDOs that allows for trading immediately as they are listed on exchanges Listings— IDOs tend to save a lot of raised funds as they get listed on the decentralized exchange and do not have to spend on exchange listing like ICOs, which later cost hefty amounts How to Find the Top New Crypto IDOs Looking for the best IDO crypto can be a daunting task. However, the following are a few things that you can look after while seeking the best IDO crypto: Utility – This is one of the most critical factors that one must consider while choosing the IDO crypto. A project must solve a problem and provide additional value that existing projects aren’t offering. Investors – It’s always good to keep an eye on whether famous personalities or organizations have shown interest in an ICO. Mainly because well-known investors involved in any project indicate that the project may lead to future success. Whitepaper – This one may come out as pretty obvious, but it can be an effective way of leading to the right crypto IDO. Every project comes with a whitepaper that demonstrates how the project works. Leave behind any crypto IDO projects that don’t have a clear strategy for achieving their objectives. However, a project that clearly explains its working, strategies, and tokenomics may have high potential. Are IDO Cryptos a Good Investment? Defining IDO cryptos as good or bad investments might not be the right way as every IDO crypto is distinctive and brings different values onto the table. Below are a few reasons why IDO cryptos are a good choice: Low Cost Usually, the IDO crypto tokens get traded at a relatively lower price as a gesture to reward the investors. This is one of the best ways of making money from crypto in an early-stage project. However, it’s advised to DYOR (Do Your Own Research) before investing and acknowledge that the token’s price can even fall below its initial IDO value. Also see our guide to the best cheap cryptos. First Mover Advantage Often participating in a crypto IDO rewards you if you are one of its early investors. You can acquire the asset at a fairly lower price, which can be lucrative in the coming future. But, this will only happen if the demand for the asset shoots up following its launch. Things can go down the hill if there is no demand. Accessibility IDOs are much more accessible when compared with ICOs. They open the doors for a common person to invest in the projects; even the basic knowledge around crypto and how DEX works would be enough to get started. Conclusion The above-listed IDOs are some of the most promising projects that may even turn out to be more profitable in the coming times. However, it’s always safe and recommended to conduct research about a project before investing, as the prices may fluctuate. Our top IDO pick is Bitcoin Minetrix. It has significant upsides thanks to its unique stake-to-mine utility. New Crypto Mining Platform - Bitcoin Minetrix Rating Audited By Coinsult Decentralized, Secure Cloud Mining Earn Free Bitcoin Daily Native Token On Presale Now - BTCMTX Staking Rewards - Over 100% APY Learn More Read More Best DEX Coins to Buy Best DAO Crypto Projects FAQs on Crypto IDO Projects What is an IDO in Crypto? IDO is short for Initial Dex Offering. It comes when the asset becomes available on the DEX for the first time. Is it wise to Invest in IDO? Any crypto asset has investment risks. However, IDOs can be a great investment, depending on your needs. How to get IDO? You can browse IDOs through TrustPad, or gain awareness of them through social media platforms. What are the best crypto IDOs this year? The assets we have listed include some of the most promising IDOs set to take place on DEX platforms this year. The IDO that we are the most bullish on is Wall Street Memes. It has a strong community backing it up and it is making news midst the memecoin mania, which can push it up once it gets released as an IDO.