Holding an ICO or Initial Coin Offering allows a new crypto project to raise funds by creating a new coin, app, or service and selling it to potential investors on public sale.
Investors who find the project rewarding can purchase the project’s token at ICO to help the company raise capital and also receive a discount compared to its potential future value.
There are many new crypto ICOs on the market, which makes it a little daunting to choose the right one for you – in this guide we pick out some of the best based on online reviews and Reddit chatter.
Top Crypto ICOs of 2024
Here’s our list of the top crypto ICOs this year, which we’ll take a detailed look at in this guide:
- Pepe Unchained – Top Crypto ICO With a Layer 2 Blockchain
- The Meme Games – Trending Crypto ICO Carried Out in a Gamified Manner
- PlayDoge – ICO With a Growing Community and Exciting Utility
- WienerAI – Top Crypto ICO Fusing Dog Meme with AI
- Shiba Shootout – Trending ICO Speculated to Explode in 2024
- Base Dawgz – Base Jumping Meme Coin Poised to be Among Top Crypto ICOs
- Mega Dice – Online Crypto Casino with Upcoming ICO
- 99Bitcoins – Promising L2E Educational Platform with Upcoming ICO
A Detailed Look at the Best ICO Crypto Projects
We have minutely reviewed the below-mentioned ICO crypto projects and have incorporated all the details so you can successfully decide on the best crypto ICOs worth investing in.
Pepe Unchained – Top Crypto ICO With a Layer 2 Blockchain
Pepe Unchained ($PEPU) is a notable ICO in the cryptocurrency space, combining the viral appeal of meme coins with innovative Layer 2 technology. This new project has already demonstrated significant investor interest, raising $340,000 within hours of its presale launch.
What sets Pepe Unchained apart is its unique approach to solving Ethereum’s scalability issues. As a Layer 2 solution, it promises to process transactions up to 100 times faster than the Ethereum mainnet while significantly reducing costs. This makes it an attractive platform for both casual users and developers of complex decentralized applications.
The project’s tokenomics are particularly compelling, with an eye-catching 21,000% APY offered for early stakers. While this rate is expected to decrease as more participants join, it presents a lucrative opportunity for early adopters to potentially multiply their holdings rapidly.
Pepe Unchained aims to build a comprehensive ecosystem around its $PEPU token, with plans for seamless integration between the Pepe Chain and Ethereum. This strategic approach, combined with the project’s commitment to community engagement and transparency, positions Pepe Unchained as a promising contender in the ICO landscape.
For investors looking to participate, the presale is accessible through popular cryptocurrencies like ETH, USDT, and BNB, with a user-friendly purchase process via the official website.
The Meme Games – Trending Crypto ICO Carried Out in a Gamified Manner
The Meme Games project is among one of the high-potential ICOs in the space right now, thanks to its compelling concept and innovative features. This ICO has quickly captured attention with its creative approach, blending a gamified presale, enticing staking options, and a timely Olympic-themed design.
Part of The Meme Games’ appeal is its gamified presale model. Unlike typical ICOs, this project offers investors the chance to participate in an interactive experience where they can bet on virtual sports events featuring popular memecoin mascots like Pepe and Shiba Inu. With correct predictions earning a 25% bonus on purchases, this unique promotional strategy not only makes the presale more engaging but also provides an exciting incentive for participation.
The project’s Olympic theme adds another layer of allure. By aligning with the global excitement surrounding the upcoming Olympic Games, The Meme Games taps into a broad and enthusiastic audience. This strategic theme not only captures current public interest but also enhances the project’s visibility and relevance in the crypto space.
Staking opportunities also manage to enhance the investment potential of The Meme Games. Offering exceptionally high APY rates exceeding 2000%, the project provides a lucrative opportunity for investors to earn substantial passive income. This attractive staking feature encourages early investment and helps to stabilize the token’s value by reducing the circulating supply.
With over $160k already raised during the presale, The Meme Games has demonstrated strong initial support and investor confidence. This early success underscores the project’s promise and sets a solid foundation for its ICO.
PlayDoge – ICO With a Growing Community and Exciting Utility
PlayDoge is currently one of the most promising ICOs to invest in, offering a unique concept coupled with actual utility—an uncommon combination in the memecoin space. Unlike many memecoins that thrive purely on hype, PlayDoge integrates a meaningful use case through its Play-to-Earn (P2E) gaming ecosystem, creating a compelling reason for both gamers and investors to engage with the platform.
At its core, PlayDoge introduces a nostalgic, Tamagotchi-inspired virtual world where users can nurture and grow their Doge characters. This innovative approach not only revives fond memories for many but also offers a tangible gaming experience that rewards players with $PLAY tokens. This model ensures continuous user engagement and adds intrinsic value to the token beyond mere speculation.
PlayDoge’s strategic positioning is further strengthened by its robust infrastructure. Built on the BEP-20 standard, the project benefits from lower transaction fees and faster processing times, making it an attractive option for investors. The project’s contract has been thoroughly audited by SolidProof, providing an additional layer of security and transparency that reassures potential investors of its credibility.
Moreover, PlayDoge’s presale phase has already shown remarkable success, with the initial funding goal met within just two days. This rapid achievement highlights the strong market interest and investor confidence in the project. With a current price of just $0.0045 per token, PlayDoge presents an accessible entry point for early investors looking to maximize their returns.
The project’s utility extends beyond gaming. Investors can also stake their tokens for substantial rewards, adding another dimension to its appeal. The flexibility to purchase $PLAY tokens using BNB, ETH, USDT, or bank cards further broadens its accessibility, inviting a diverse group of investors to participate. As it continues to develop and expand, PlayDoge is poised to deliver significant returns, making it a must-watch project in the crypto space.
WienerAI – Top Crypto ICO Fusing Dog Meme with AI
WienerAI is one of the most interesting ICOs of the year for meme coin investors, and a trailblazer in fusing cutting-edge artificial intelligence technology with the well-known dog meme. It describes its central character – the peculiar doge – as the most powerful cybernetic entity in the universe and the first Wiener-Dog-AI hybrid ever made. What is interesting is the fresh twist the project gives to the potential and performance of the crypto-favorite dog meme.
Seemingly eccentric, the project comes with a compelling narrative – a futuristic mad scientist unintentionally fused hot dog DNA with his cutting-edge cybernetic dog AI project, leading to the WienerAI doge. Investors will find the technical translation of this fusion just as intriguing. The combination of blockchain technology and AI allows WienerAI infinite upgrades to platform memory, sophisticated knowledge, and rich features.
WienerAI also claims its support to the Sausage Army, a community-driven initiative where users work together to determine the platform’s future course. This approach, when combined with a novel meme-AI-staking hybrid concept, encourages investment and community building in a growing ecosystem. The project tokenomics framework is also appealing. Liquidity and community engagement are given top priority, and funds are set aside for marketing, presale, stake, and community rewards.
The native token of the project, $WAI, is an Ethereum network-based ERC20 token. Early investors can get daily staking rewards while $WAI is in its ongoing presale with a low entry barrier. Eager investors have contributed over $400,000 to the presale in a matter of days, before the token makes it big with its launch on international exchanges.
Shiba Shootout – Trending ICO Speculated to Explode in 2024
Shiba Shootout can be a trending ICO poised for significant growth post-launch. With a diverse range of features and a compelling Wild West theme, the project has captured the interest of investors looking for both entertainment and profitability.
The project’s standout features include high-yield staking offering APY rates over 2000%, a dynamic Lucky Lasso Lottery with substantial crypto rewards, and a community-centric referral program. These features not only provide multiple avenues for earning but also foster active engagement within the community.
Set in the fictional town of Shiba Gulch, the project’s narrative introduces charismatic Shiba Inu characters like Marshal Shiba and the Shiba Sharpshooters, adding depth and appeal to its thematic storyline. This creative backdrop not only resonates with memecoin enthusiasts but also attracts gamers seeking immersive gaming experiences.
With over $500k raised in its presale phase, Shiba Shootout is nearing the completion of its ICO. The successful funding round indicates strong investor confidence and sets the stage for potential exchange listings post-launch.
As the project moves towards its next milestones, including platform enhancements and expanded community outreach, the anticipation for its official launch and subsequent exchange listings could trigger significant market interest and price appreciation. Investors looking to capitalize on early-stage growth and potential market momentum may find Shiba Shootout an attractive addition to their portfolio.
Base Dawgz – Base Jumping Meme Coin Poised to be Among Top Crypto ICOs
With its novel twist on the popular dog meme, Base Dawgz is a multi-chain meta meme project injecting a shot of adrenaline into the world of crypto memes. Base Dawgz stands out with its emphasis on community building, multi-chain capabilities, and projected staking incentives, making it an intriguing newcomer and one of the top crypto ICOs to look out for.
While Base Dawgz is minted on the Base blockchain, it can be stored and retrieved from various leading blockchains, including Solana, Ethereum, Avalanche, and BNB Chain. The project uses Wormhole and Portal Bridge compatibility to facilitate this seamless cross-chain communication.
In addition, Base Dawgz promotes community involvement by giving users points for sharing $DAWGZ material on social media. Users can exchange these points for native $DAWGZ tokens, creating a virtuous circle. The upcoming staking functionality ensures that users will gain benefits for holding $DAWGZ, eyeing long-term investments.
The $DAWGZ coin, with a total supply of 8,453,000,000 and well-structured tokenomics for equitable distribution, further helps maintain the project’s wide and diverse ecosystem. Base Dawgz smart contracts were extensively inspected by renowned blockchain security company Solid Proof, proving its strong commitment to security.
The $DAWGZ token is being made available in presale at a price of $0.00479 per token, with a $5 minimum commitment. There will be a 5% price increase after every seven-day campaign period. The low presale price offers an alluring entry point for early investors.
Mega Dice – Online Crypto Casino with Upcoming ICO
Mega Dice ($DICE) is a Telegram-based online casino that pays out its players in cryptocurrencies. Holders of the native token $DICE can wager on sports, play games, and win rewards. Launched in 2022, the cryptocurrency sportsbook only began the presale of its native token, $DICE, in April 2024. Mega Dice has so far shown promise with its platform security and efficiency, rich user experience, and unique performance-based incentives. The platform has raised over $377K in a matter of hours since launching its presale for its native $DICE tokens.
The platform had a sizable user base by the time it opened up for the current $DICE native token presale. Mega Dice has a Curacao license, which adds to its trust and reputation. It is also the only online casino that offers players daily performance-based rewards and is among the select few cryptocurrency casinos with the fastest growth rates.
Mega Dice offers various games across sportsbook, casino, slots, game shows, crash games, and betting event categories for all player levels. As part of its game lineup, the sportsbook has partnered with publishers such as Evolution and Pragmatic Play to provide over 5,000 games for 50,000 platform users. Players also need not go through the cumbersome KYC process before enjoying games. Users have also responded favorably to the $500 welcome package that includes free spins and deposit bonuses.
Mega Dice now hopes to make trading with $DICE possible for cryptocurrency investors who aren’t already a part of its user base with the launch of its native token. It only makes sense that cryptocurrency investors are becoming more interested in and aware of the platform. Other attractive factors include Mega Dice’s promising potential, strategic roadmap, and strong presale performance thus far.
99Bitcoins – Promising L2E Educational Platform with Upcoming ICO
99Bitcoins is one of the best ICO cryptos to have launched this year and has investors beelined for its ongoing presale. In the few days since the project’s revised Learn-to-Earn token went on sale, it has already raised over $5.87 million. 99Bitcoins is eyeing a launch on several leading crypto exchanges by the third quarter of 2024.
99Bitcoins is using the novel Learn-to-Earn (L2E) ecosystem to make cryptocurrency education profitable, interesting, and enjoyable. Users can win rewards upon completing course modules, interactive tutorials, and tests and improving their understanding of cryptocurrencies. The new-age crypto learning platform supports various learning styles, including hands-on and visual learning.
The synchronous L2E platform plans to include features like news feeds, trading signals, and token price charts in addition to guides on virtual currencies like Peercoin, Litecoin, Namecoin, and Feathercoin over time. The multi-phased, clear timelines of the 99Bitcoins presale have received much appreciation by cryptocurrency experts.
$99BTC holders can also stake the token for dynamic rewards, paid out on every Ethereum block from a dedicated percentage of the total funds. With a community of over 2 million platform subscribers and nearly 709k social media followers, 99Bitcoins is undoubtedly one of the best ICO cryptos to look out for in 2024. The token’s special use case and potential gives early adopters a unique chance to be part of the project’s development.
What is a Crypto ICO?
An ICO is one of the most popular and hassle-free methods of raising funds for early-stage projects, mostly related to crypto.
The companies put a certain number of tokens to be given out during the ICO event to accumulate capital for the business. Whereas in return, the investors receive the tokens and make their way early in the project.
To participate in an ICO, you must possess the basic knowledge of crypto wallets and exchanges. Not just that, you must have an established digital currency as, mostly, the companies require you to pay in that— BTC and ETH being the most popular ones.
ICO can also be perceived as crowdfunding and creates a win-win situation for both the investors and the companies.
However, one must acknowledge that seeking a lucrative or best ICO can be downright challenging and risky as you never know how the project will come out in the future.
How Does a Crypto ICO Work?
Firstly, the organization planning to roll out the ICO will determine the coin’s structure.
These are of three types:
- Fixed supply and fixed price.
- Fixed supply and dynamic price.
- Dynamic supply and fixed price.
Afterward, the company announces some necessary details about the ICO, such as its price, release date, etc., in advance. And some information regarding its token as well— use cases, the total number of supply, allocations, etc.
Once the ICO hits the market, investors can buy the new currency by sending funds to a crypto wallet address. This mostly involves sending other prominent cryptocurrencies to make the purchase. However, some accept fiat currency as well. Once done, investors have to share the address of their wallets to receive the tokens.
ICOs are equivalent to an Initial Public Offering (IPO). However, one major drawback of the ICO, which even makes it extremely speculative, is that it does not have any regulating authorities. Meaning that they are not obliged to any legal monetary statements or business strategies.
Often a crypto ICO takes place over the company’s website, adding to its risk factors. Any project or company wanting to raise funds can form a coin and an ICO as no regulations are involved.
And since all the processes take place over the company’s websites, it makes it even riskier as the company may run away with all the accumulated funds. Hence, it is crucial to do the necessary research and then proceed further with the project.
Your capital is at risk
How to Find the Top New Crypto ICOs
Apart from ICOs, IDOs and IEOs are also investors’ choices to make money from an early-stage project.
That said, it is not easy to choose between one method or the best ICO to invest in.
However, you can consider the following points while seeking the best ICO cryptos:
White Paper
The first and foremost step when looking for the best ICO crypto is to look for the project’s white paper. White papers are report or guide that tells about an organization and its strategies related to its project.
A white paper that is strategically planned depicts credibility and future success. However, one that is poorly carried out or shows no practical approach represents a lack of potential.
Team and Partnerships
Once the white paper seems to be on point, consider checking the founders and partners of the project because if they are experienced or well-known founders, the project is most likely to be on the good side.
Make sure to cross-check whether the project has any blogs or social posts around the partnerships, as these can be deceiving too.
Tokenomics and Allocations
As mentioned, the company also announces a few details about its digital token before the ICO launch, and one must not refrain from reviewing them.
Check the percentage of tokens the project plans to distribute among investors, founders, team members, and partners, as a good ICO project will always balance the distributed tokens.
Also see our updated guide to upcoming ICOs of 2024.
Are ICO Cryptos a Good Investment?
ICO crypto being a good investment or not depends on several aspects such as its business plan, future potential, marketing strategies, and more.
Below are some of the advantages of a good ICO crypto:
Low Entry Price
Early-stage projects tend to sell their tokens at a relatively low token price, allowing the investors to obtain the token at a fairly good deal.
Unlock Rewards
Some crypto projects open the doors of earning for their investors even without selling the token or waiting for its price to soar. Investors can simply stake digital assets and earn rewards.
Moreover, they can also be used to grab rare NFTs even before they get launched.
First Mover Advantage
Investing in an early-stage project allows investors to get their hands on a project even before its launch on public platforms.
This means that the investors have a chance of experiencing a profit if the project hits the market at a higher price.
However, this can only happen if the coin turns out to be profitable. If the coin’s demand falls, investors may have to face loss.
Risks of Crypto ICOs
Following are the risks associated with the crypto ICOs:
- Crypto projects are volatile. Therefore, their value fluctuates from time to time and cannot be easily predicted.
- There are chances of higher risks as there are no regulations involved.
- Many startups that are unable to convince VC firms to invest turn to ICOs to raise funding.
It is recommended to scrutinize a project minutely and then move ahead to avoid any future loss. It’s also still possible to profit by buying some of the best altcoins on the market today that completed their ICOs many years ago.
Conclusion
Crypto ICO allows investors to experience the earlier phase of a project that may or may not be rewarding. As discussed, all of this depends on the project one invests in and how it turns out to be.
The above guide will help you choose the right crypto ICO to invest in. But again, it is recommended to DYOR (Do Your Own Research) before investing to avoid any potential loss.
One of the emerging players in the list of upcoming crypto ICOs is Pepe Unchained.
