The Concept Of An ICO

 Initial Coin Offering (ICO) is just like Initial Public Offering (IPO) in the cryptocurrency world. When a cryptocurrency company tries to raise funds for manufacturing more coins and expand the business, they usually go for ICO which is quite an effective way of increasing the supporters. 



Many startup candidates offer products and services in return for these coins when such a phenomenon occurs. 


The advantage of ICO is that you can utilize the coins at a much cheaper rate and expect to get great returns in the future. 


It is considered a means of crowdfunding. 


The future of ICO is something beyond anyone’s prediction. The point is the scope of any cryptocurrency depends on the number of users. As the number of users increases, the value of the cryptocurrency increases too. The only way to increase the number of users is to distribute the coins as much as you can. Therefore, it could be done only through ICO. 


So it is better to say the future of cryptocurrencies depends on ICO. The only problem is that it costs a lot in the creation of cryptocurrencies. 


Here is a list of best performing ICOs in terms of return of investment (ROI):


  1. NXT

One of the oldest and full-advances Blockchain platforms that permits them to build their own blockchain-related applications. It has its own possession exchange, marketplace, and messaging system. The ROI it reached was 1,265,555% out of the edge.


  1. IOTA

It is an innovative project, its main objective is to provide its services to the new market that are planning to look ahead in the future. IOTA crypto is an amazing offering from the crypto world to the people because it can find use on appliances and other objects connected to the internet. IOTA managed to reach the ROI at 424,084 %.


  1. NEO

Originally known as Antshares - China’s first blockchain platform launched in February 2014 referred to as China’s Ethereum because of its similarity with Ethereum Blockchain. NEO gained more than 300,000% within a short period of time. 


  1. Ethereum 

People who have a keen interest in cryptocurrency and stay updated are aware of the term, Ethereum. It is an open-source distributed ledger that allows users to create and run dApps to implement and use smart contracts. It gained 279,843% ROI. 



So, this was the list of best-performing ICOs in terms of return of investment. It clearly shows how billions of people have drawn their attention towards it. The future of ICO seems to be bright nowadays. This is because many people are turning their attention from the popular cryptos to the ICOs coming from crypto firms all around the world. 

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