Best Upcoming ICOs to Invest in 2024 Why Trust Us ICO Bench was created by a team of crypto experts to help our readers find the latest initial coin offerings and cryptocurrency presales. All content follows a strict editorial policy that ensures factual accuracy, neutrality, and helpfulness. We aim to provide insightful content that helps our readers make informed decisions while stressing the importance of prioritizing safety and risk management. All information in our content is based on meticulous research carried out by our team of writers and editors. We use reputable sources to find relevant projects and ensure that all content is regularly updated for accuracy. The information provided by ICO Bench should be used for research purposes only and should not be taken as investment advice. Why Trust Us ICO Bench was created by a team of crypto experts to help our readers find the latest initial coin offerings and cryptocurrency presales. All content follows a strict editorial policy that ensures factual accuracy, neutrality, and helpfulness. We aim to provide insightful content that helps our readers make informed decisions while stressing the importance of prioritizing safety and risk management. All information in our content is based on meticulous research carried out by our team of writers and editors. We use reputable sources to find relevant projects and ensure that all content is regularly updated for accuracy. The information provided by ICO Bench should be used for research purposes only and should not be taken as investment advice. Upcoming ICOs X All Ongoing Upcoming Ended Last Updated On Monday, 15-Jul-24 17:58:23 UTC ICO NAME CURRENT STAGE PLATFORM START DATE END DATE ROI [USD] PlayDoge PRESALE STAGE 1Ended 14 days ago BNB May 28, 2024 Jul 01, 2024 -Earn crypto by raising your own Doge pet! Sealana PRESALE STAGE 1Ended 15 days ago Solana May 01, 2024 Jun 30, 2024 -The Best ‘Send-to-Wallet’ Solana ICO WienerAI PRESALE STAGE 1Ended 15 days ago Ethereum Apr 25, 2024 Jun 30, 2024 -AI Meme Coin With Staking Rewards Base Dawgz PRESALE STAGE 1Ends in 14 days Multi Chain May 30, 2024 Jul 30, 2024 -The most exciting multi-chain meme coin for adventurous investors MegaDice PRESALE STAGE 1Ended 15 days ago Solana Apr 17, 2024 Jun 30, 2024 -Fast-Selling GambleFi Presale 99Bitcoins PRESALE STAGE 1Ended 21 days ago Ethereum Apr 10, 2024 Jun 24, 2024 -Established Media Platform Coin with Huge Community 5th Scape PRESALE STAGE 5Ended 44 days ago Ethereum Jan 08, 2024 Jun 01, 2024 -Combining Crypto with VR SpongeBob V2 ICOEnds in 77 days ethereum Dec 18, 2023 Sep 30, 2024 - Smog Final presale stage Ended 44 days ago Solana Feb 07, 2024 Jun 01, 2024 -The biggest Solana airdrop in history ICOs (initial coin offerings) allow you to invest in new cryptocurrencies before they trade on exchanges. Not only will you be able to invest in a new project from the ground up – but ICOs typically offer a discount to early investors. The challenging part is knowing which ICOs to invest in. In this guide, we reveal 10 upcoming ICOs that could produce significant gains. Pepe Unchained ($PEPU) PEPE Unchained is a new and improved version of the original Pepe coin looking to 100x.Built on the Ethereum Layer 2 blockchain it offers scalability, speed and efficiency.$PEPU project offers double staking rewards with a current APY of 130,151%. Project Launched June 2024 Purchase MethodsETHUSDTBank CardBNB+1 more Learn More WienerAI ($WAI) New meme crypto with AI-driven predictive trading featuresWienerAI can find new crypto opportunities and users can swap, MEV-free, via DEXsInvestors can buy and stake $WAI tokens to earn 299% p/a passive rewards Project Launched April 2024 Purchase MethodsETHUSDTBNBMATIC+1 more Learn More PlayDoge ($PLAY) Fresh off the BSC, PlayDoge breathes new life to trending Doge meme with virtual Tamagotchi-style pet. $PLAY holders can earn rewards and extra tokens by caring for the virtual pet. The $PLAY token comes with tons of utility and staking opportunities with APY rewards currently over 700%. Project Launched May 2024 Purchase MethodsBNBETHBank Card Learn More Shiba Shootout ($SHIBASHOOT) Shiba Shootout is a SHIB-inspired Wild-West-themed meme project with tons of utility.Early investors can buy and stake $SHIBASHOOT for massive rewards of 2,288% p/a. Join the 'Posse Rewards' referral program and earn extra rewards for both you and your referrals. Project Launched April 2024 Purchase MethodsETHUSDTBank CardBNB+1 more Learn More Base Dawgz (DAWGZ) Available on four major blockchain networks (ETH, SOL, AVAX, BNB)Presale price will increase 5% every 5 daysSupporters may be eligible for airdrop rewards Project Launched May 2024 Purchase MethodsETHUSDT Learn More Mega Dice Token ($DICE) The world's top GameFi SOL crypto, $DICE, offers the ultimate casino token experience. $DICE is the native token of the established and reputable global casino brand with over 50k loyal players.Buy and hold $DICE tokens to enter the $2,250,000+ USD airdrop. Presale has raised over $1.2M so far. Project Launched April 2024 Purchase MethodsSOLETHBNB Learn More 99Bitcoins Token ($99BTC) 99Bitcoins introduces its native $99BTC utility token as the face of Learn-to-Earn crypto model with presale already raising $1.7M.Launching on a BRC-20 powered platform this enables developers and crypto enthusiasts to build dApps on the BTC network.Buy, stake, learn and earn 99BTC tokens, with trading signals, tools and educational features all at your fingertips. Project Launched April 2024 Purchase MethodsETHUSDTBank CardBNB+1 more Learn More Sponge V2 ($SPONGE) Missed out on $SPONGE's 100x surge in 2023? Sponge V2 tokens are here and ready to exceed its records!$SPONGE v2 is an ERC-20 token offering 141% p/a rewards and a P2E game in which players can earn more $SPONGE. Over $1M worth of $SPONGE tokens have been staked and bridged already. Project Launched December 2023 Purchase MethodsMATICUSDTBank Card Learn More eTukTuk ($TUK) Rewarding and fun P2E taxi-based game allowing players to earn rewards for completing tasks and driving fast.80% annual rewards are up for grabs when you buy and stake $TUK tokens. Early presale investors gain exclusive access to special in-game rewards and bonuses. Over $3.5M raised so far! Project Launched June 2023 Purchase MethodsETHBNBUSDTBank Card+1 more Learn More DOGE2014 (DOGE2014) DOGE2014 enters the meme scene celebrating DOGE's 10-year market dominance.As an ERC20 PoS token participants can buy and stake DOGE2014 tokens to earn APY rewards. Currently offering its native tokens via presale, DOGE2014 aims to 10x. Project Launched June 2024 Purchase MethodsBank CardETHUSDT Learn More SpacePay (SPY) Empowering the future of crypto payments for customers and merchants, SpacePay makes buying goods and services with crypto easy. With SpacePay businesses can begin accepting crypto payments from an ever-growing global crypto community. SPY token presale offers buyers the chance to get their hands on the project's utility token. SPY holders can enter airdrops, vote on the future of the project, earn revenue share, and more. Project Launched May 2024 Purchase MethodsETHUSDTUSDCBank CardBNBMATICAVAXBASE+5 more Learn More Upcoming Token Sale List Below you’ll find the upcoming ICO list for 2024. Keep scrolling to find our full review of each project. Pepe Unchained (PEPU): Enter the world of blockchain pet ownership. WienerAI (WAI): The meme token that will upgrade itself! WienerAI is a loveable weenie dog who will stay top dog with the help of AI. PlayDoge (PLAY): Your gateway to profitable doge gaming. Shiba Shootout (SHIBASHOOT): Join the posse and earn rewards in the crypto frontier. Base Dawgz (DAWGZ): Join the thrilling multi-chain adventure that will reward early investors. Sealana (SEAL): The best SOL meme coin to buy during meme token season that could provide 100x returns. MegaDice (DICE): The latest gamblefi token to be launched by a popular crypto casino. 99Bitcoins (99BTC): The first learn-to-earn crypto platform that will reward users for learning how to invest. Sponge V2 ($SPONGE): A continuation of the Sponge Meme Coin Saga, rooted in ‘SpongeBob’ Nostalgia. eTukTuk (TUK): The best play-to-earn crypto game with multiple ways to earn. SpacePay (SPY): Offers a revolutionary POS system with exclusive rewards for $SPY holders, raised over $180K in presale. The projects on the above list are reviewed in the following sections of this guide. 10 New Crypto ICOs To Consider You’ll need to consider the risks before investing in new crypto ICOs. While some ICOs go on to generate gains of over 10,000% – others crash and burn. Below, we examine the 10 best upcoming ICOs for 2024 in our comprehensive review. 1. Pepe Unchained – Enter the World of Blockchain Pet Ownership Enter the captivating world of blockchain pet ownership with Pepe Unchained, a play-to-earn game that brings the iconic Pepe meme to life. Adopt, nurture, and customize your digital Pepe pets while exploring a vibrant virtual environment. To join Pepe Unchained, players must acquire $PEPE tokens, available at a discounted rate during the presale phase. These tokens unlock exclusive in-game content and opportunities to earn additional $PEPE tokens through various gameplay challenges and achievements. Operated on the BNB blockchain, Pepe Unchained ensures secure transactions and supports a dynamic in-game economy with its 10 billion $PEPE token supply. Players can stake tokens for passive rewards and enhance their virtual pet ownership experience with personalized in-game purchases. Explore Pepe Unchained today and discover a new dimension of digital pet ownership and blockchain rewards. Visit Pepe Unchained Your money is at risk. 2. WienerAI (WAI) – The loveable meme token that can upgrade itself One of the biggest challenges faced by meme tokens is the challenge of staying relevant in a space where new projects are launched daily. WienerAI Coin is the latest meme token that will solve this problem through the use of advanced AI. The loveable weenie dog meme coin will use artificial intelligence to regularly upgrade itself, allowing the project to continue growing over time. WienerAI is an ERC20 token built on Ethereum. Investors can stake their WAI tokens fr passive rewards – the earlier you start staking, the more rewards you will receive. The project aims to use viral marketing and FOMO to attract investors and provide presale buyers with generous returns. You can buy WienerAI with ETH from the presale website. Visit WienerAI Your money is at risk. 3. PlayDoge (PLAY) – Your Gateway to Profitable Doge Gaming Transforming the 90’s classic, playDoge rewards players with crypto tokens for raising a digital Doge pet. playDoge, the ultimate Tamagotchi upgrade, features real-value rewards, social elements, and advanced mini games. Earn crypto rewards by engaging in the ecosystem on your phone. The playDoge ecosystem is supported by the PLAY utility token. Users need to hold PLAY coins to play, unlock special features, and purchase in-game assets. PLAY tokens are also distributed to players as rewards. Built on the Binance Smart Chain, purchase playDoge by swapping BNB for PLAY through the official presale website. Visit PlayDoge Your money is at risk. 4. Shiba Shooutout – Join the Posse and Earn Rewards in the Crypto Frontier Shiba Shootout, a Wild West-themed meme coin, takes a unique spin on the Shiba Inu legacy. Launched on April 20, 2024, with 2.2 billion tokens, it offers 35% of its supply in presale, including staking rewards. This project stands out with its practical utilities, making it more than just a meme. Posse Rewards is a standout feature, incentivizing users to expand their network by rewarding both referrers and new members. Additionally, Campfire Stories rewards those who share captivating crypto tales, fostering a lively and engaging community atmosphere. The upcoming roadmap includes exciting milestones like the debut of a mini-game and listings on major exchanges such as CoinGecko and CoinMarketCap. These steps are designed to broaden the token’s reach and increase its market presence, positioning Shiba Shootout for broader appeal. For those seeking passive income, the Cactus Staking feature offers increasing rewards over time, while the Savings Saddlebags provide extra incentives for locking up tokens. These features make Shiba Shootout attractive to both active and passive investors alike. Visit Shiba Shootout Your money is at risk. 5. Base Dawgz (DAWGZ) – The adrenaline-packed crypto presale that will launch on 4 chains Base Dawgz Token is an exciting cryptocurrency project that brings the thrill of adventure to the blockchain world. It stands out by offering a multi-chain experience, operating across Ethereum (ETH), Solana (SOL), Binance Smart Chain (BSC), and Avalanche (AVAX). This multi-chain functionality, facilitated by advanced Web3 technologies like Wormhole and Portal Bridge, offers significant benefits, making it a standout project in the crypto space. One of the primary advantages of a multi-chain approach is seamless interoperability. Base Dawgz allows users to interact across multiple blockchain ecosystems without the limitations typically associated with single-chain projects. This means users can move assets effortlessly between chains, accessing a broader range of decentralized applications (dApps) and services. By leveraging multiple chains, Base Dawgz can offer enhanced scalability, lower transaction fees, and improved security, ensuring a robust and versatile user experience. The presale phase of $DAWGZ tokens presents an excellent investment opportunity. During the presale, early supporters can purchase $DAWGZ tokens at a starting price of $0.00479. This price is set to increase by 5% every five days, creating a tiered pricing structure that rewards early participation. Investing in the presale allows investors to secure tokens at a lower cost, potentially yielding significant returns as the project progresses and the token value appreciates. Visit Base Dawgz Your money is at risk. 6. MegaDice (DICE) – The best gamblefi crypto and upcoming ICO DICE is the new cryptocurrency that has been launched by the MegaDice crypto casino platform. DICE serves multiple functions within the ecosystem, offering users access to bonus features, airdrops, and providing utility across the platform’s operations. Holders of DICE have the opportunity to stake their tokens, allowing them to earn rewards for contributing to the security and stability of the MegaDice network. DICE holders also stand to benefit from the platform’s revenue-sharing model, wherein a portion of the earnings from the MegaDice platform, including transaction fees and profits, are distributed among token holders. This mechanism provides an additional incentive for holding DICE tokens and participating in the MegaDice ecosystem. You can invest early by participating before the private pre sale ends. It is possible to buy DICE with SOL during the presale for a very low token price. Visit MegaDice Your money is at risk. 7. 99Bitcoins (99BTC) – Learn-to-earn crypto project and best ICO for long-term investors Investors with a lower risk appetite should consider long-term investment opportunities that might not explode but could gain significant value over time. One of the best long-term ICOs to watch right now is 99Bitcoins – the first learn-to-earn platform that will reward users for learning how to invest in crypto. The new learn-to-earn platform is the latest addition to the reputable 99Bitcoins platform, which was established years ago and has since become one of the most well-known crypto education sites. The new platform aims to be one of the best tools for learning how to invest in crypto. The 99Bitcoins platform will offer comprehensive guides, courses, signals, expert insight and social trading features. Users will be rewarded with 99BTC tokens for taking part in the ecosystem and completing courses. The 99BTC token is a BRC-20 token that can be used to access platform features, reward learnings and access exclusive benefits. The token is currently available to buy via presale, which has been ongoing since April 2024. The price of 99BTC will go up at each stage of the presale, offering guaranteed rewards for the earliest investors. After the presale, 99Bitcoins will launch on exchanges and investors will be able to use their coins to access the educational platform and earn further rewards. Visit 99Bitcoins Your money is at risk. 8. Sponge V2 (SPONGEV2) – Top Meme Coin ICO with Stake-to-Bridge Model, Over 2,300% APY, and Impressive Presale Momentum in the Crypto Market After the resounding success of Sponge, the meme coin, which is based on the famous Nickelodeon TV character “SpongeBob,” is back with the V2 launch but with more fun and excitement. During the launch of the original Sponge in May 2023, the meme coin had a blast, having secured a 100x. Now, the project is all set to offer early adopters yet another opportunity to enjoy hilarious memes, community-building, and significant upside. After all, ‘tis the season of meme coins with BONK and WIF helping traders and investors make life-changing money in a matter of days. So, this ICO for you to invest in is Sponge V2, which is the continuation of Sponge V1, but instead of having a presale or ICO, it has developed a stake-to-bridge model for users to own Sponge V2 tokens. As per this model, you need to first have Sponge V1 tokens, which, if you already own them, are great, and if you don’t, then you must buy them first. To buy V1 tokens, just go to the Sponge website and exchange your ETH or USDT for Sponge V1. Then, lock in your tokens permanently in the staking pool to get an equivalent amount of Sponge V2 tokens. These V1 tokens will continue to accrue V2 tokens for the next 4 years. Sponge V2 tokens will be released after the stake-to-bridge phase is over, and then they will be listed on crypto exchanges, with the project aiming to have it on tier 1 CEXs. For this, 10% of the 150 billion total supply is reserved for CEX liquidity. As for the rest of the supply, 7.50% is set aside for marketing, and 26.93% is available for early investors. A major chunk of supply, i.e., 43.09%, is for staking rewards. This is why almost 700 million SPONGE tokens are already staked. The thing is, in addition to getting V2 tokens equal to your V1 tokens, you also earn V2 tokens at a variable APY, which is currently more than 2,300%. The team has also allocated 4.47% of SPONGE V2 supply for game development, while 8% is for P2E rewards. The Play-to-Earn (P2E) game the project is developing will bring additional utility to the token as users will be able to buy credits with SPONGE V2 as well as earn more tokens. SPONGE V2 launch is coming at a time when the market is rejoicing in bullish momentum ahead of two biggest bullish events: the potential approval of the first Bitcoin Spot ETF in the US and Bitcoin halving, which can be the perfect catalyst for sending the entire market including Sponge V2 higher. So, this is the perfect time to get in early before SPONGE V2 potentially becomes the next billion-dollar meme coin. For real-time updates, you can join the Sponge V2 Telegram group or Discord channel. Hard Cap NA Total Tokens 150 billion Tokens available in presale Depends on Staking Blockchain Ethereum Token type ERC-20 Minimum Purchase None Purchase with USDT, ETH, Card Visit Sponge V2 Token Presale 9. eTukTuk (TUK) – The best play-to-earn crypto game with fast-selling presale eTukTuk is a new play-to-earn cryptocurrency project that offers multiple ways to earn and maximize your investment. The game is set in Sri Lanka and sees players racing around busy streets to complete taxi journeys. The ecosystem will be supported by the $TUK utility token which is currently available to buy at a discounted price through presale. It operates on the BSc standard. The eTukTuk ICO was recently launched, so you can still invest in stage one. This means you’ll currently pay just $0.024. This represents a 40% discount from exchange-listing prices. Token symbol TUK ICO supply 200,000,000 TUK Token type BEP-20 Payment methods ETH, BNB, USDC, USDT, ADA Listing price Not stated Visit eTukTuk ICO 10. SpacePay (SPY) – Offers a Revolutionary POS System with Exclusive Rewards For $SPY Holders SpacePay ($SPY) is an upcoming ICO creating a next-gen payment system that makes it easy for people to use crypto to buy everyday things in local stores. It has an APK (Android Application Package) that makes paying with crypto easy. What’s unique about this system is that customers can pay using the cryptos of their choice, and the vendors would receive the money in their local fiat currency. SpacePay recently launched its native token ($SPY) via a presale– where early buyers can buy these tokens for just $0.00147 each. This presale secured over $180k in only a few days of the official launch, showing strong investor traction. SpacePay’s flexible system works with over 325 crypto wallets and various payment terminals. The platform also has exclusive rewards for $SPY token holders. For instance, they can receive bonus $SPY tokens every month for frequently using the app for payments. They can also vote on important decisions about SpacePay and join special webinars with the team in charge. Moreover, SpacePay shares some of its profits from transaction fees with $SPY token holders. This startup from London has already raised $750,000 from private investors, showing high investor trust. SpacePay has a good chance of being listed on big crypto exchanges, especially given its strong start. You can join the SpacePay Telegram group and follow it on X (Twitter) to keep up with the latest presale updates. Token symbol SPY Presale supply 34 Billion SPY Token type Ethereum Payment methods ETH, USDT, USDC, Card Visit SpacePay What is an upcoming ICO? An ICO, or initial coin offering, is a fundraising process used by new cryptocurrency projects. Also referred to as a ‘crypto presale‘, ICOs follow a similar concept to stock IPOs (initial public offerings). For example, ICOs collect funds from investors before their crypto tokens are launched on an exchange. This is the same as buying IPO shares before being listed on a stock exchange, such as the NASDAQ. However, instead of selling shares, ICO projects offer investors their newly created digital tokens. For example, when Ethereum held its ICO in 2014, it sold ETH tokens to early investors. ETH has since increased in value by over a million percent. As an ICO investor, you’ll be investing capital into a brand-new concept. While you can invest from the ground up, it also means that the risks are high. Just like an IPO stock, there is no guarantee that the ICO will be a success. After all, once the tokens are listed on crypto exchanges, the project’s success will be determined by market forces. For example, if more people buy the tokens after the ICO, this will help increase their value. But if too many ICO investors cash out, the value of the tokens will decline. Nonetheless, many upcoming crypto projects offer a discounted price. This means you’ll pay a lower price when compared to the exchange listing – which happens once the IPO has finished. For instance, yPredict’s ICO is selling YPRED tokens at $0.10. After the ICO, YPRED will be listed on an exchange at $0.12. This means that the yPredict ICO offers a discount of over 16%. Another benefit is that most ICOs list on exchanges with a micro-valuation. This enables you to target large gains, as micro-cap cryptocurrencies have more room to grow. Ultimately, the main appeal with crypto ICOs is the huge growth potential. It’s not uncommon for post-ICO tokens to increase by 10,000% or more. This can happen in a matter of days or weeks if the ICO project creates hype. Equally, however, new cryptocurrencies can also trade below their ICO price; so proceed with caution. Are ICOs the Same as Presales? ICOs follow the same concept as presales. In fact, the two terms are used interchangeably. That being said, due to regulatory issues with ICOs in certain countries, ‘presale’ is now more commonly used by newly launched projects. Nonetheless, both ICOs and presales give you access to new cryptocurrencies before they launch on exchanges. How do Initial Coin Offerings Work? If you’re new to ICOs, you should understand how the process works before buying ICO tokens. In this section, we explain everything there is to know about upcoming initial coin offerings as a beginner. Key Takeaways of the ICO Investment Process The standard ICO investment process is as follows: The ICO project creates a brand-new cryptocurrency token via a smart contract. This will usually be through a secondary blockchain, such as Ethereum or Binance Smart Chain. Once the ICO launches, it will usually have a private funding round for select investors. Once the main round begins, anyone can invest. Most ICOs accept established cryptocurrencies as payment, such as BNB or ETH. Some will also support debit/credit cards via a third-party processor. After the ICO finishes, you’ll receive your tokens. The ICO tokens will then be listed on at least one exchange. This allows anyone to buy or sell the tokens. Initial Concept and Whitepaper Development Before the ICO takes place, the cryptocurrency project will need to complete some initial steps. For example, it will create a whitepaper, which details the ins and outs of the project. This gives ICO investors a 360-degree view of what the project is all about. For example, the project’s concept, what issues it solves, and what steps it will take to achieve its goals. The whitepaper should also outline a clear roadmap. This highlights specific objectives and when the project aims to complete them. The roadmap should also be referenced long after the ICO finishes. As an investor, this will enable you to keep track of the project’s progress. Smart Contract Development Once the whitepaper has been created, the ICO project will need to take care of its technical framework. With the odd exception, an overwhelming majority of ICO tokens are built on a secondary blockchain. While Binance Smart Chain is also popular, the Ethereum blockchain dominates this space. It’s simple for an ICO project to build on top of Ethereum. In doing so, it becomes an ‘ERC20 token’. This simply means that it follows the Ethereum standard and that it can handle smart contracts and NFTs. Irrespective of the chosen blockchain, the ICO project will have a unique smart contract address. This will be published to the ICO community, enabling anyone to audit the underlying code. That said, the best ICOs will use a respected smart contract auditor for this process. Examples include CertiK, Solidproof, and Consensys Diligence – but several others exist. The auditing process ensures that the smart contract is secure. In other words, the smart contract should not have any weaknesses that could be exploited by scammers. Moreover, the smart contract should not allow the ICO project to withdraw liquidity before a certain timeframe. Nor should it allow the project to restrict sell orders or limited transactions. If there are any issues identified during the audit process, this will be included in its final report. As such, ICO projects are incentivized to get it right the first time. If they don’t, it can take a while for smart contract revisions to be made. By this point, the ICO project might have already lost credibility. New Crypto Token Creation Once the smart contract has been deployed, a new cryptocurrency token will be created. These tokens are what you will be purchasing during the ICO campaign. They will operate like any other cryptocurrency, meaning that the tokens are stored in wallets. Moreover, the ICO tokens can be transferred on a wallet-to-wallet basis. All transactions will appear on the respective blockchain network – ensuring full transparency. Most ICO projects create a finite supply of tokens. This ensures that the supply is capped and that the project doesn’t suffer from inflation. Pre-ICO Marketing and Awareness Before the ICO launches, it will need to undertake a solid marketing campaign. Otherwise, it won’t be able to attract any investors. After all, new crypto ICOs launch pretty much every day. This means the ICO market has very quickly become oversaturated. Not all ICOs will have sufficient funding, however. These projects will often struggle to get their ICO campaign off the ground. While organic marketing can yield results, the most successful ICOs are able to target a huge audience. Just remember – the more investors the ICO attracts, the more capital it will raise. Conversely, this will give the ICO project sufficient funding to meet its objectives. Not to mention more funds for marketing after the ICO finishes. Raising a lot of capital during an ICO is also a marketing perk in itself. Private ICO Stage When researching the best ICOs, we found that some projects offer a ‘private’ round before launching to the public. This usually reserves a tiny percentage of ICO tokens for accredited or well-known investors. For instance, if an investor is looking to inject a 6-figure sum into the ICO, they’ll often get a private round allocation. This means buying the ICO tokens at a slightly lower entry price. In other cases, private-stage ICOs are available to those completing certain tasks. For instance, the project might ask users to follow their social media channels or share their whitepaper on Reddit. Alternatively, we also found ICOs that run a lottery-style selection process. Interested parties provide their wallet address to the ICO, which grants them entry to the draw. Winners of the draw will receive access to the private ICO stage. Main ICO Stage Projects will sell the majority of their ICO allocation during the main fundraising round. This means that anybody can invest. Most ICOs only accept cryptocurrencies as payment. This is usually an established cryptocurrency like BNB or ETH. We also found that some projects accept credit cards. To ensure the ICO is compliant with anti-money laundering regulations, it will use a licensed third-party processor. The processor is legally required to perform a KYC process on the investor. This means asking the investor to upload some ID. A KYC process isn’t required when paying with cryptocurrencies. Either way, most ICOs are run directly on the project’s website. You’ll need to connect a wallet to its website. This is the wallet where you will receive your ICO tokens. You will likely receive your tokens after the ICO campaign has finished. This will happen on a specified date or once the hard cap total is reached – whichever comes first. What is an ICO Soft Cap and Hard Cap? Two terms you’re likely to see when investing in ICOs are ‘soft cap’ and ‘hard cap’. Both refer to specific targets of the ICO campaign. The soft cap target is the minimum amount the project can raise to meet its goal. If it doesn’t reach the soft card target, ICO investors will be refunded. The project will then need to seek alternative funding. The hard cap target is the maximum amount the project will attempt to raise. Once the hard cap is met, the ICO is over. The newly created tokens will then be listed on an exchange. After the ICO has Finished As noted above, the ICO campaign will usually finish once one of two things happens: The hard cap target is reached The ICO deadline has been reached Either way, you’ll likely receive your ICO tokens once the fundraising campaign is over. When it is, the ICO project will list its tokens on a cryptocurrency exchange. This is similar to a stock IPO listing its shares on the NASDAQ or NYSE. In other words, the cryptocurrency exchange listing allows the general public to buy the respective tokens. The best ICOs will secure exchange listings before the campaign has finished. However, most ICOs struggle to arrange centralized exchange listings. Instead, they initially opt for a decentralized exchange like Uniswap. Decentralized exchanges have no listing criteria – the project simply needs to add the smart contract to the platform. They also need to add liquidity so that the tokens can be traded. Either way, once the ICO tokens are listed on exchanges – their performance is dictated by market forces. If the ICO does a good job with marketing, it will continue to attract investors. And as more investors buy the tokens on exchanges, their value will increase. However, there is no guarantee that this will be the case. Why Invest in Upcoming Crypto ICOs? We’ll now examine why crypto ICOs continue to raise significant amounts of capital from investors. ICOs Offer Huge Profit Potential ICOs attract investors who seek huge profit potential. Even more so than established cryptocurrencies like Bitcoin and Cardano. To illustrate the growth potential of successful ICOs, let’s look at a couple of case studies. Ethereum ICO (2014) One of the earliest ICOs was run by Ethereum – which is now the world’s second-largest cryptocurrency by market capitalization. Ethereum’s ICO offered cryptocurrency enthusiasts a completely new concept – the ability to develop and execute smart contracts. This showed that cryptocurrencies and blockchain could offer so much more than just financial transactions. Therefore, the Ethereum ICO was a huge success. According to CNBC, the Ethereum ICO raised over 31,000 BTC. At the time, this amounted to approximately $18.3 million. 60 million ETH tokens were sold to early investors at just $0.31 each. So, had you invested in the Ethereum ICO in 2014, you could have bought 1,000 ETH for just $310. Since its ICO, Ethereum has gone through many market cycles. Nonetheless, Ethereum hit its all-time high in late 2021 – $4,891. Compared to its ICO price of $0.31, that’s gains of 15,777x. As such, your $310 ICO investment would have been worth almost $5 million by November 2021. Naturally, it’s simply not possible for a traditional asset, such as stocks, to grow by this much in such a short period of time. Filecoin ICO (2017) Another case study that we will explore is Filecoin. In a nutshell, Filecoin describes itself as an Interplanetary File System. It enables users to store data on a peer-to-peer basis. Meaning – users can access decentralized storage networks in exchange for FIL, Filecoin’s native token. According to TechCrunch, the Filecoin ICO was launched in August 2017. There were two main stages to the ICO. First, ‘advisors’ had access to the private round stage, which priced FIL tokens at $0.75 each. This raised $52 million from investors. The main ICO round offered FIL tokens at $1 each. The main ICO round raised over $200 million, making it one of the biggest of its kind. After the ICO, FIL was listed on crypto exchanges. $11.48. This meant an immediate upside of over 10x for ICO investors. But that wasn’t all – Filecoin went on to hit all-time highs of $237.24 in April 2021. When compared to its ICO price of $1, this represents gains of over 237x. That’s $23,700 for every $100 invested. However, like many cryptocurrencies, the value of Filecoin has since declined – it’s now trading at just $3.16. Lucky Block ICO (2022) A more recent example of how ICOs can explode in value is Lucky Block. This innovative project bridges the gap between online gambling and blockchain technology. It enables players to register a gambling account anonymously – meaning no intrusive KYC process. Lucky Block has its own casino and sportsbook, and players benefit from instant payouts. The Lucky Block ICO was launched in early 2022. It enabled early investors to buy LBLOCK tokens at just $0.00015 each. After the ICO raised its hard cap target of approximately $5.7 million, it was listed on various cryptocurrency exchanges. As per CoinMarketCap data, Lucky Block hit an all-time high of $0.009617 in February 2022. This means that in just one month of trading, Lucky Block’s ICO generated gains of 64x. This shows just how quickly an ICO project can grow if it’s managed correctly. Many ICOs Offer an Immediate Upside Potential The framework used by ICOs will vary. That said, when searching for the best ICOs, we found that many offer an immediate upside. This is because many ICOs have various stages, each with a slightly higher price. However, ICO upsides are never guaranteed. For example, if all ICO investors have the same plan – to sell the tokens immediately once listed, it will create a price decline. On the flip side, if the ICO has a strong marketing campaign in place and it creates a lot of hype – the tokens could continue increasing. This is why it’s important to have a clear strategy in place before the ICO tokens are listed on an exchange. There are Many ICOs to Choose From; Invest in a Concept You Believe in Although the ICO market is oversaturated, this also comes with its benefits. Put simply, having such a large number of ICOs to choose from allows you to invest in a concept you believe in. For example, if you’re passionate about the future of artificial intelligence and predictive models, you might like yPredict. This project will offer a subscription-based ecosystem that is built by data scientists and quant traders. If you’re more interested in sustainable investment causes, you might like eTukTuk. This project allows investors to earn passive income through staking and play-to-earn rewards. eTukTuk tokens power the eTukTuk EV ecosystem which aims to reduce carbon emissions in developing countries. Some of you might instead want to focus on meme coins. After all, meme coins are super-hot in the cryptocurrency markets right now. Even though the broader markets are bearish, meme coins like Pepe have generated huge returns. That being said, the cryptocurrency markets are unpredictable. Trends can change at a moment’s notice, so it’s best to diversify across many different ICOs. You usually only need to invest a few dollars in each ICO, as minimum requirements rarely apply. ICO Investments are Suitable for Short and Long-Term Strategies ICOs are suitable for all types of investor profiles. This includes both short and long-term strategies. For example, if you’re looking for a quick entry and exit, you might consider an ICO that offers an immediate upside. This means buying the ICO token at a lower price than its exchange listing. Once the exchange listing takes place, you can then offload your tokens and lock in your gains. Some investors prefer to hold onto their ICO tokens for several days or weeks after the exchange listing. This is because some ICO tokens can generate significant returns in a short period of time. For example, it took just three weeks for Pepe to generate returns of 70x. And as noted earlier, Lucky Block required just a month to grow by 64x. All that being said, if you’re looking for ‘life-changing’ gains, then you might need to consider a much longer-term strategy. History suggests that the best-performing ICO investments were held for several years. For instance, while Ethereum has grown by 15,777x since its 2014 IPO, investors needed to wait until late 2021 to achieve these gains. Crucially, if you’re investing in an ICO with solid utility and a huge target market, long-term investing is often the way to go. But you will need to regularly check in on your investments. For instance, assessing the project’s progress in comparison to its roadmap objectives. As long as it continues to meet its goal, you could see continued growth. How to Find the Best New ICOs to Invest in Finding the best upcoming crypto ICO can be a cumbersome task. Not only are there a significant number of ICOs launching every week, but very few offer a viable investment prospect. We’ll now point you in the right direction so that you can find quality new crypto ICOs with ease. ICO Calendars A great starting point is the ICOBench.com website. Our upcoming ICO calendar offers real-time information on the best upcoming launches. You can view key information such as the name of the ICO project, which blockchain network it is built on, and the start and end dates. You’ll also find a link directly to the ICO project’s website. This enables you to do your own research – something that is crucial when investing in ICOs. In addition, CoinMarketCap also has an upcoming ICO calendar, albeit, with a limited number of entries. Join Reddit Groups Many investors use Reddit to find the best coin listings. Newly launched projects – especially those on a tight budget, will use Reddit to spread the word about their fundraising campaign. They’ll also post information on why their project could be huge and reply to any questions from the Reddit community. Consider joining the r/ICO subreddit, which has over 53,000 members. Another subreddit to join is r/ICOAnalysis. With over 33,000 members, the group is aimed at in-depth discussions and analysis of ICOs. If you’re looking for a much larger subreddit, check out r/SatoshiStreetBets. While this isn’t specifically linked to presales, the focus is on finding the next 100x cryptocurrencies. Some of the best altcoins have appeared in this group, so it’s worth joining. IEOs via Established Exchanges While not strictly an ICO, IEOs (initial exchange offerings) work much the same. So what is an IEO? In simple terms, IEOs allow new cryptocurrency projects to raise funds via a reputable exchange. This means that the exchange takes care of the fundamentals – such as collecting cryptocurrencies from investors and distributing tokens after the IEO. One of the core benefits of IEOs is that exchanges can KYC their clients. Not only does this provide a safe environment for investors, but it also opens the door to fiat money purchases. In other words, IEOs allow investors to buy tokens with a debit/credit card or bank wire. Crucially, just like ICOs, IEOs will be traded on exchanges after they are completed. Naturally, this will usually be the same exchange that facilitated the IEO. Binance was one of the first pioneers of IEOs. It facilitates IEOs through the Binance Launchpad. BitTorrent Token was the first IEO to launch on Binance – it raised its hard cap target of $7.1 million in under 15 minutes. After the IEO, BitTorrent Token was listed on exchanges at $0.0004684. Just over two years later, BitTorrent Token hit all-time highs of $0.01426 – meaning early investors secured gains of nearly 3,000%. Binance isn’t the only IEO platform to research. You can also consider the following providers: KuCoin Spotlight Huobi Prime OKEx Jumpstart Gate.io Startup Another benefit of IEOs is that they can instantly reach a huge audience. For example, exchanges like Binance and Huobi have millions of active traders. Check Out Popular YouTubers That Specialize in ICOs YouTube is home to many crypto enthusiasts, some of which specialize in ICO presales and the best cryptos. For example, Jacob Bury’s YouTube channel is a popular destination for ICO investors. Bury does all of the hard work behind the scenes and presents his findings via concise video reviews. This includes finding ICOs, researching the whitepaper, and evaluating its price potential. Jacob Bury tipped Lucky Block in the first stage of its January 2022 ICO. As we mentioned earlier, Lucky Block investors saw gains of 64x after the ICO finished. Telegram Channels Dedicated to ICOs Telegram is also worth checking out when searching for the best ICOs. You’ll need to do some research to find suitable groups, as there isn’t a centralized directory available. Nonetheless, you’ll find suitable groups by searching for something like ‘Telegram ICO Channels’ on Google. For example, we came across the ICO SPEAKS NEWS channel, which has over 530,000 subscribers. This popular channel not only covers ICOs but it also reviews them. Crucially, ICO SPEAKS NEWS has a huge audience, so its recommendations can lead to a lot of investor interest. Potential Risks of Investing in ICOs We must stress that the risk of loss when investing in ICOs is very high. This is a very oversaturated market and there is only so much investor capital available. In other words, not all ICO projects can generate gains of 10x or more – especially in today’s bearish cycle. On the contrary, many ICO investments will result in a loss. Let’s break down some of the key risks to consider when searching for potential ICOs. ICO Tokens Decline in Price After the Exchange Listing One of the biggest risks is that the ICO tokens decline in value after the exchange listing. For example, suppose you buy an ICO token at $1. After the ICO, the project lists the token on an exchange at $1.20. In theory, this offers an ICO upside of 20%. However, as soon as the tokens are listed, the price declines to $0.80 within minutes. There could be several reasons why this happens. First, due to the immediate upside available, many ICO investors might have instantly cashed their gains out. This can push the token’s price down rapidly – meaning if you missed out, you’re now looking at an ICO loss. Of course, the price can reverse if more buyers enter the market. Newly launched cryptocurrencies can also decline below their ICO price if the project’s team begins dumping their tokens. The best way to prevent this is to avoid ICOs that don’t have a vesting agreement in place. For example, the smart contract might prevent the team from selling their tokens for at least one year after the ICO finishes. Scam Projects, Hacks, and Smart Contract Vulnerabilities There are many scams related to the ICO industry. You can avoid becoming a victim by knowing what to look for. First, consider that some ICOs are simply scams themselves. The ICO will come up with an innovative ‘idea’ and create a solid whitepaper. It will then collect funds from investors, even though it has no intention of working towards its whitepaper objectives. Instead, the ICO is simply looking to collect as much money as it can before disappearing. The scam ICO can sell the established cryptocurrencies that it raised. Fortunately, blockchain analytics are becoming more advanced, so many ICO scammers are being identified when they attempt to cash out. Another scam to look for is ‘imitation websites’. Here’s how it works; a scammer creates a website that imitates a legitimate ICO. The scammer will run a Google ad campaign, targeting search terms related to the ICO campaign. Unwittingly, somebody visits the imitation website and connects their wallet. The scammers then steal all of the cryptocurrency tokens held in the victim’s wallet. To avoid becoming a victim yourself, always check that you are visiting the ICO’s official website. You can usually verify this through other channels, such as Telegram or Reddit. In addition, you’ll need to ensure that the ICO’s smart contract has been adequately audited. If there are any contract vulnerabilities identified, it’s best to walk away. For example, in late 2021, the BBC reported on an ICO scam called Squid Game token. After launching, the token went from $0.01 to $2,856 in less than a week. While investors were seeing life-changing gains, there was one caveat – Squid Game token’s smart contract prevented people from selling. Once the scam was identified, the Squid Game token lost 99% of its value in minutes. Conclusion In summary, ICOs enable investment in new cryptocurrencies before they trade on exchanges. Among the 14 top ICOs for 2024, PlayDoge is our top choice. It is a trending new meme token on 6 different blockchains offering huge staking rewards, low fees and fast transactions. Visit PlayDoge FAQs What is the best upcoming ICO? WienerAI (WAI) is the ICO to watch. It has garnered significant attention in its initial phase, offering impressive APYs. How do I find upcoming ICOs? To find upcoming ICOs before they launch, check out ICO listing websites and calendars. Reddit is also a great way to find potential ICOs.