Top 10 ICO Projects of 2017 (Projects With Highest Investments & Brief Info)

in #cryptocurrency4 years ago

Hi fellow Steemers! As you all know, 2017 was an important year for ICO(Initial Coin Offering). Initially launched by the Ethereum network in 2014, the fundraising method has become one of the most important agenda items of 2017, even-though it has been used very little at the beginning of the year. But in the end, ICO's networks provided $ 3.5 billion in cash in this year alone.


What is ICO?

An unregulated means by which funds are raised for a new cryptocurrency venture. An Initial Coin Offering (ICO) is used by startups to bypass the rigorous and regulated capital-raising process required by venture capitalists or banks. In an ICO campaign, a percentage of the cryptocurrency is sold to early backers of the project in exchange for legal tender or other cryptocurrencies, but usually for Bitcoin.

TOP 10 ICO'S of 2017

Off3r is a website that allows people to compare investment opportunities. This website has made a list that brings together the most prominent projects of the year 2017. I have compiled them in the list below with brief informations for each of them. Enjoy.

[10] Salt / 48 Million Dollars

ICO date: August

Location: USA

What it does: Cryptocurrency-backed loans

[9] WAX / 68 Million Dollars

ICO date: November

Location: USA

What it does: It offers technology that allows people to build online markets in a free format.

[8] TenX / 80 Million Dollars

ICO date: June

Location: Singapore

What it does: A debit card that allows you to spend your crypt money for daily use

[7] Kin / 89 Million Dollars

ICO date: September

Location: Canada

What it does: A currency developed by Kik, a video messaging application.

[6] QASH / 106 Million Dollars

ICO date: November

Location: Tokyo

What it does: Form of a payment for financial services

[5] Status / 107 Million Dollars

ICO date: June

Location: Switzerland

What it does: Decentralized application browser, an interface that makes it easier for people to use Ethereum.

[4] Polkadot / 145 Million Dollars

ICO date: October

Location: Switzerland

What it does: A technology that allows people to use multiple blockchains at the same time.

[3] The Bancor Protocol / 153 Million Dollars

ICO date: June

Company Location: Israel

What it does: A decentralized trading system for ethereum

[2] Tezos / 232 Million Dollars

ICO date: July

Location: USA

What it does: A new blockchain that aims to be more reliable than Bitcoin and Ethereum.

[1] FileCoin / 257 Million Dollars

ICO date: September

Location: USA

What it does: Blockchain-based data storage.



I think TenX will 10x (☞゚∀゚)☞.
Tho i still think Mineable coin > ICO/Tokens because they are supported by their own blockchain. I have seen hybrids (ICO & Mineable) coming up and i think that is more stable than the token approach.

Nice article, you should include Fast Invest ICO great team with already operating FinTech business!

Very informative post. ICOs are a way to earn also in the crypto space.

How do you search for ICO's? Is there a site they all advertise? Appreciated your post!!

You can use this website to track ICO's:

This information is incredible, thank you very much.


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I would also add to this list the TokenGo project, which will deal with the issue of coins for other projects that will conduct their own ICO.

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