ICO is the new buzz word for investors now! ICOs are Initial Coin Offerings and soon they will rise in value when they jump into the trade on currency exchanges! Of course, not all the ICOs in the world are successful. The majority of them are experimental, and the risk pays off in some cases. For instance, EOS had started its trading at $0.9 and look at its marvelous numbers now!
One must be cautious while picking up the ICOs to invest in! In this article, we’ll round up 5 best ICOs which we think may perform well in 2020. Let’s dive in!
1. Neo
Neo is nicknamed as China’s Ethereum. The Chinese are innovating a new Blockchain program that may get wider-acceptance and stong proof-of-ownership. Neo project is a blend of decentralized commerce, smart contract applications, digitized identification and assets. Neo was mostly underestimated and mostly ignored by the investors during ICO. Once the big guns like Alibaba and Microsoft have backed the project, the hype for its ICO was skyrocketed.
2. Menapay
The Middle East and North Africa countries are represented as MENA region. The main goal of Menapay is to provide a way to secure and faster payments at a lower price. Menapay’s ICO MPAY is up for sale until March 15th, 2019. The initial token price is $0.165. It’s accepting deposits from Litecoin, Ethereum, Bitcoin, Fiat currencies, Bitcoin Cash, etc.
3. Ark
Ark stands for integration. The goal of Ark is to integrate all other cryptocurrencies in its own Blockchain. It’s that unique idea that has triggered interest in the investors. The ICO price kicked off at $0.01 when it was started in November 2016. Now, it’s priced over $10 and certainly a good investment option in 2019. You can know more about this on Bitcoin Revolution
4. BTT – BitTorrent
BitTorrent needs no introduction. Over a billion users all over the planet use this incredible file-sharing platform. The main reason for the huge ICO price of BTT is TRON. The billion-dollar company has acquired it at $100 million. Crypto experts believe that BTT is one of the best ICOs to invest in 2020.
5. Membrana
Membrana is one of the few platforms that helps both the traders and participators to interact in an organized way. It has already made a good name as a trust management platform for cryptocurrencies. Membrana is all geared up to start its trade in 2019. The Membrana’s ICO will start its a trade on April 10th of 2019 and the initial token price is set at US$0.02. The users who invest in this ICO will get MBN tokens. These tokens help the investors to get huge discounts on deployment fees. They can also be used for closing the gap between exchanges and participants.
Wrapping up…
ICOs are awesome, but you need to be super-cautious! They are like high reward vs. high-risk things. You cannot just read a few blogs and forums and jump on the investment train. We recommend you to learn the basics and do your research before throwing in cash into ICOs.