12 Best Crypto ICOs to Invest in 2023

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

An initial coin offering, or ICO, is a popular way for crypto projects to generate publicity and raise capital. Much like crowdfunding, ICOs allow the community to have a tangible impact on a project's growth – while also providing scope for investors to realize substantial returns in the future.

This article discusses 12 of the best crypto ICOs available right now, covering what they are and why they are so highly regarded, before exploring the key factors to bear in mind when making an ICO investment decision.

The 12 Best Crypto ICOs to Invest in Right Now

Listed below are 12 of the best ICO cryptos available to investors, derived through in-depth research and analysis. We’ll discuss each of these ICOs in the following section, providing the information needed to make an informed investment decision.

• Love Hate Inu (LHINU) - Best Vote-to-Earn Meme Crypto ICO To Invest In Right Now
• Fight Out (FGHT) - New Crypto ICO Offering Rewards for Active Lifestyle
• Metropoly (METRO) - NFT Marketplace Backed by Income-Generating Real Estate
• C+Charge (CCHG) - Green Crypto Project Rewarding EV Drivers
• RobotEra (TARO) - Newly Launched Crypto Reward and Game Token
• Wombat Exchange (WOM) – Upcoming ICOs in DeFi Space With Huge Potential
• CryptoCitizen (CCASH) – Top Initial Coin Offering in the Blockchain Gaming Sector
• Byepix (EPIX) – Best ICO Cryptocurrency for Generating Tokenized Rewards
• Heroes of Mavia (MAVIA) – Battle-Builder Game with P2E Features
• WeSendIt (WSI) - Decentralized File Sharing Platform with New Crypto Token
• Kryptview (KVT) – New ‘Research-to-Earn’ Ecosystem with Unique Use Case
• Goons of Balatroon (GOB) – ICO Crypto for Trading Card Enthusiasts

The Best New ICO Crypto Projects Reviewed

Investing in an ICO can be risky, given that the project in question will still be in its infancy and is not yet established. However, those with a higher risk tolerance level are often handsomely rewarded since the best ICOs often go on to produce huge returns in the future.

With that in mind, let’s take a closer look at the best crypto ICOs listed above, exploring why they are so sought-after:

1. Love Hate Inu (LHINU) - Best Vote-to-Earn Meme Crypto ICO To Invest In Right Now

When investing in new ICO projects, it's essential to determine their practicality for long-term growth. 

Love Hate Inu is a platform that combines blockchain technology with the viral nature of memes to offer the world’s first vote-to-earn platform.

Users who participate and vote on several polls can earn $LHINU, the platform's native token.
Now in its initial presale stage, the project raised over $385,000 in less than a week and is already making major waves in the crypto community.

Tokens are available for purchase in the presale's first stage for $0.000085 each - however, this rate will rise in eight installments over 60 days, with tokens to reach $0.000145 at the end of the presale, a 70.5% rise from the initial price.

What is Love Hate Inu?

Love Hate Inu offers an innovative platform where users stake their votes on meme polls and earn rewards. 

With blockchain-based voting and distributed ledger technology, the platform guarantees the honesty of survey results, fundamentally changing the nature of online surveys - an industry that is already worth more than $3 billion.

Stake-to-Vote

The Love Hate Inu platform offers fun voting characters and a simple interface for managing and submitting votes. Token-based voting ensures anonymity, eliminates spam and manipulation, and encourages user participation through stake-to-vote incentives.

According to the project's whitepaper, the platform's user-friendly interface makes it easy for users to submit and manage their votes through the management dashboard.

Moreover, Love Hate Inu allows the community to share in the platform's earnings through polls conducted via the dashboard. Users can participate in the platform's growth and development by earning rewards and contributing to the community's decision-making process.

Why Should You Buy $LHINU?

Love Hate Inu's innovative polling platform is powered by both social interaction and the virality of crypto memes, making it worth considering for investment.

Moreover, 90% of the platform's 100 billion tokens can be bought via the presale phases, protecting investments from rug-pulling. The remaining 10% of tokens will fund exchange listings, user incentives, and continued liquidity.

The project’s Telegram channel is an excellent resource for staying informed. 

Overall, Love Hate Inu's unique approach to blockchain-based polling makes it an exciting project to watch in the crypto world.

2. Fight Out (FGHT) -  New Crypto ICO Offering Rewards for Active Lifestyle

Fight Out is set to revolutionize the move-to-earn and fitness worlds and offers presale investors the chance to earn up to 67% extra in bonus tokens.

The presale has already secured $5.45 million of investment, with the price of FGHT tokens increasing in price every week to a max of $0.0333 on March 31, 2023 - where it will then be listed on numerous exchanges from April 5.

The bonus is given out depending on the size of the purchase and how long investors choose to lock their tokens and there is also zero vesting available. There is also a referral program where holders can earn 5% USDT if new investors use their link.

Fight Out has allocated 9% of the 10 billion tokens to the presale and another 4.5% to the bonus scheme, with 10% for exchange liquidity. The remaining tokens will be unlocked over five years and will fund future development. Waiting for the coin to ICO may mean that investors will have to buy $FGHT tokens for high prices.

Besides the affordable pricing and availability, Fight Out rewards users for leading an active lifestyle by strengthening their bodies through the ecosystem's app. Users receive in-app currency REPS as rewards for completing workouts and challenges, as well as for growing the community and earning badges. 

More REPS can be purchased with $FGHT tokens and then redeemed for subscriptions, NFTs, merchandise, personal training sessions, training equipment and supplements.

The project also has a metaverse and play-to-earn opportunities, with users able to earn additional tokens through player-vs-player fitness challenges and games.

Besides the additional exposure that $FGHT tokens will receive once listed on exchanges, more attention could be drawn to its ICO from celebrities. 

Fight Out has already partnered with two UFC stars - Taila Santos and Amanda Ribas - British boxing star Savannah Marshall and American Ninja Warrior Tremayne Dortch to act as project ambassadors, with more set to be announced in future.

Investors can receive up-to-date information about Fight Out's ICO by joining the Telegram channel. And more information about the coin and the project is available on the whitepaper.

Now's the best time to buy $FGHT tokens because they'll be in short supply during the ICO. High demand and low supply usually result in soaring asset prices.

3. Metropoly - NFT Marketplace Backed by Real-World Income Generating Real Estate

Metropoly is next on the list due to its groundbreaking NFT marketplace that allows investors to begin their real estate portfolio in a matter of seconds.

Metropoly is the world’s first NFT marketplace filled with real-world properties, providing holders with a passive income and has now raised more than $800,000 in its presale.

The project is groundbreaking because it’s changing how real estate investment is conducted for the better by integrating modern technology into the sector. 

As a result, Metropoly is democratizing real estate investment and opening the doors for everyday crypto investors to diversify away from risky assets into real estate with as little as $100. Furthermore, there’s no need for banks, credit checks, or paperwork when investing in real estate through Metropoly.

Investors can start with as little as $100 because the properties in the Metropoly portfolio are fractionalized. 

This means they are broken down into tiny pieces and then individually tokenized as NFTs. As a result, investors in the marketplace simply have to purchase one of these NFTs to invest in real-world real estate.

Holders of the NFTs are entitled to all of the regular real estate ownership rights. For example, they can take advantage of any capital appreciation by selling their NFT on the marketplace anytime. Furthermore, holders receive a passive income through one of the most reliable cash flow sources - rental yield

The rental yield is completely passive because the Metropoly team manages all the property maintenance in the portfolio. Furthermore, they also ensure a tenant is paying rent there every month. Therefore, NFT holders simply need to hold the NFT and have the rental yield distributed to their wallet each month in stablecoins.

Metropoly is currently hosting a presale for its native token, METRO, which will be the main utility token on the platform. Investors can use METRO on the marketplace and receive rewards through cashback when paying in METRO. There is also a Metropoly giveaway for a Burj Khalifa Apartment worth $1 million. To enter, contestants must complete all the tasks on the list.

4. C+Charge (CCHG) - Green Crypto Project Rewarding EV Drivers

C+Charge is an intriguing new eco-friendly crypto project that will incentivize ownership of electric vehicles (EVs) by offering rewards and greater efficiency.

C+Charge users earn carbon credit rewards simply for recharging their vehicle, while the mobile app provides crucial information such as the nearest charging station, waiting times and prices - which had all previously been difficult to reliably obtain.

Carbon credits are permits that allow the holder to offset their carbon footprint by funding and supporting ecological and regeneration projects around the world - one credit equals one ton of carbon dioxide.

C+Charge has partnered with Flowcarbon - which secured $70 million of VC investment in 2022 - to offer Goodness Nature Tokens to users, which are 1:1 backed by carbon credits from verified and vetted carbon programs.

The C+Charge mobile app, where users can purchase, store and use their CCHG tokens, will also be the hub for EV drivers finding that crucial information that makes ownership more practical, convenient and efficient.

As well as the obvious green benefits, the CCHG token presale is also offering great value to investors.

Through eight stages the price will increase by 80% before it reaches exchanges - now in stage 6, more than $2.75 million has been raised, with one crypto whale seeing the huge potential of the project and securing $100,000 of CCHG during stage 1.

Tokens are on sale for $0.019 at the time of writing and will increase to $0.0235 in stage 8.

C+Charge has a circulating supply of 1 billion tokens and 40% has been allocated to the presale, with 8% to exchange liquidity. 

However, the project has also revealed that any unsold CCHG tokens during the presale stages will be subject to a token burn to reduce the total supply - so far, more than 35 million tokens have been burned. 

The C+Charge whitepaper and Telegram group contain more information about CCHG and the project.

Visit C+Charge Presale Now

5. RobotEra (TARO) - Newly Launched Crypto Reward and Game Token

$TARO is another top crypto to invest in as the native token of play-to-earn game RobotEra - with imminent exchange listings after its presale.

Investors have an opportunity to get even better asset prices than during ICOs if they capitalize on the first stage of $TARO's presale.

Investors can buy RobotEra crypto for just $0.02 before the price increases to $0.025 during the second stage of the presale. 

By the time the presale ends, tokens will be selling for $0.032 each and early investors will own an asset that has appreciated by 60% before reaching the wider market.

Many P2E tokens surge during their ICOs because investors value them over regular altcoins due to their inherent nature of providing returns with in-game assets. 

Several crypto game tokens held more of their value than other crypto assets during crashes, owing to the rewards on offer and use case during market downturns. 

RobotEra players use TARO tokens to buy NFT robots and metaverse plots of land to rebuild the planet Taro after it was destroyed. 

The game is billed as one of the best play-to-earn games as it offers numerous streams to earn rewards from both the NFT robots and metaverse land with all assets being upgradeable, customizable and, ultimately, sellable. 

On the metaverse plots, players can build infrastructure and buildings, or mine the land for minerals.

Players can monetize their land in numerous ways, such as renting out billboards to advertisers or charging admission to museums, events, and concerts.

Players can also earn a passive income by staking their coins, while RobotEra enables players to use build new NFT robots, customize and upgrade them and sell them on the open market.

Players will not need coding knowledge to build in the metaverse or improve their robots, instead using the games custom tools - which also allow for dynamic 3D scenes, sounds, user interaction, physics, payments and more.

The project also uses a multiverse system that allows players connect to other worlds and communities both online and offline.

In fact, RobotEra - which is an LBank Labs project - anticipates that new use cases will emerge in the game with few limitations on what players are able to build and develop.

Updates about the presale and the coin's listings on exchanges are available on the Telegram channel.

The RobotEra whitepaper states that only 3% of the 1.8 billion token supply will be available for exchanges, with the remainder will be for various uses such as P2E rewards and the treasury.

But 15% (270 million tokens) of that supply is available during the presale - that far exceeds the ICO, and investors should act now before the coin enters the third stage of the presale and increases in value to $0.032.

Buy $TARO Tokens Now

6. Wombat Exchange (WOM) - Upcoming ICOs in DeFi Space With Huge Potential

Although Tamadoge and Battle Infinity hold the top two spots on our crypto ICO list, Wombat Exchange is another exciting project to consider. 

As defined by its whitepaper, Wombat Exchange is a ‘multi-chain stableswap' hosted on the BNB Chain. This exchange allows market participants to swap stablecoins with little-to-no slippage while also generating a yield through staking.

Wombat Exchange prides itself on being accessible for beginners, featuring a straightforward user interface and an open liquidity pool, meaning users only need to hold one stablecoin.

This unique approach has already prompted several leading companies to invest in Wombat Exchange, including Animoca Brands, Hailstone Ventures, and Shima Capital.

This upcoming ICO will focus on WOM – Wombat Exchange's native governance token. WOM is crucial to voting on governance proposals and providing liquidity with stablecoins. 

With more than 52,000 people following Wombat Exchange's official Twitter account, this project could turn out to be the best ICO cryptocurrency in the DeFi niche for 2023.

7. CryptoCitizen (CCASH) - Top Initial Coin Offering in the Blockchain Gaming Sector

Another of the best ICO cryptos to keep an eye on is CryptoCitizen, the latest addition to the ever-growing blockchain gaming sector, offering a free P2E metaverse complete with an overarching storyline. 

The game also features MMORPG elements, ensuring it appeals to a broad audience. The CryptoCitizen ecosystem comprises several components: a shooting game, a racing game, and a PvP fighting arena. 

Players can earn CCASH through skilled gameplay, which they can use to increase their 'Citizen Ranking' and access NFT drops.

Alpha testing is still ongoing for the CryptoCitizen team, although the project has generated tremendous buzz already. 

More than 165,000 people currently follow CryptoCitizen’s official Twitter account – and given the team was present at Gamescom 2022, the hype is likely to continue building around this new project.

8. Byepix (EPIX) - Best ICO Cryptocurrency for Generating Tokenized Rewards

Byepix is described as an ‘all-in-one Web3-based super metaverse platform’, combining an array of exciting elements related to the crypto space. 

These include DeFi, NFTs, GameFi, P2E, and more – enabling a flourishing ecosystem that offers everything prospective players might need. Like other metaverse platforms, Byepix allows players to generate tokenized rewards by completing tasks in the built-in ‘Gems Hunter’ game.

In addition, Byepix will also enable players to purchase plots of land in its rich virtual world, which can be developed and sold for a profit.

Most of Byepix’s focus is on providing ways for players to earn income in a fun way, whether that be through the project’s affiliate program, social tasks (Social2Earn), or investing in the game’s native token, EPIX.

Byepix looks perfectly set up for 2023.

9. Heroes of Mavia (MAVIA) - Battle-Builder Game with P2E Features

Heroes of Mavia could be one of the best crypto ICOs in the blockchain gaming niche due to its appealing 'base building' features. 

Within the Heroes of Mavia ecosystem, players can create their own armies and conquer enemy bases – allowing them to earn Ruby tokens in the process.

Ruby tokens can then be used to upgrade a user’s base, strengthen their army, and solidify defenses.

However, aside from the battle mechanics, Heroes of Mavia also has a built-in NFT marketplace, live battle streaming features, and even a ‘Base Partnership Manager’ for users to collaborate and generate passive income.

Like many of the best ICO cryptos, Heroes of Mavia has already attracted massive attention from prospective investors on social media. 

The game is backed by leading entities like Binance Labs and Animoca Brands – meaning all eyes will be on Heroes of Mavia ahead of its Beta phase launch in Q4 2022.

10. WeSendIt (WSI) – Decentralized File Sharing Platform with New Crypto Token

WeSendIt is a crypto enterprise that offers decentralized solutions for file sharing and cloud storage. Over three million customers across 150 countries have already partnered with WeSendIt due to the company’s stellar reputation in the sector, which has been built up over 10 years of consistent results.

WeSendIt has recently announced ‘WeSendIt 3.0’, which will allow the platform’s users to earn tokenized rewards by sending data. 

This BEP-20 token will have various use cases within WeSendIt’s system, such as advertising, subscription discounts, and scalable data storage. Users can also earn WSI tokens simply by referring others to the platform.

The private sale of WSI tokens is scheduled to begin in September 2022, with the presale coming in November 2022. 

However, WeSendIt’s team has set its sights on obtaining an exchange listing by the end of the year – making this one of the best ICOs from a speculative standpoint.

11. Kryptview (KVT) – New ‘Research-to-Earn’ Ecosystem with Unique Use Case

As stated by CoinMarketCap, Kryptview is a data platform dedicated to community research on tokens and cryptos. 

This unique platform rewards users for in-depth analysis of crypto projects, providing a clear incentive to participate in the Kryptview ecosystem.

Aiming to be the first ‘research-to-earn’ platform to hit the mainstream, the Kryptview project has already received backing from major players such as The Blox and Matters. 

Interestingly, the platform's users can add 'research bounties' to specific assets, enticing researchers to provide information and generate income.

The Kryptview token (KVT) is used for rewards distribution and additional perks, making it a crucial part of the ecosystem. 

The KVT ICO is set to go live on October 13^th and will see 12.5% of the total supply being offered to early investors – allowing them to benefit from price increases if the token becomes listed on major exchanges in the future.

12. Goons of Balatroon (GOB) – ICO Crypto for Trading Card Enthusiasts

Goons of Balatroon may well end up as one of the best crypto ICOs for those interested in trading card games. 

Put simply, Goons of Balatroon follows a similar structure to the super-popular Gods Unchained game, meaning players can build a deck of cards and battle against other factions.

The exciting thing about this game is that it's free to play, meaning there are no barriers to entry for beginners. Each card is structured as an NFT, providing true ownership and ensuring that cyber attackers cannot alter the card's attributes.

Over 250 cards are available to own in the Goons of Balatroon ecosystem, with players able to earn GOB tokens by winning battles. 

Finally, Goons of Balatroon has already been backed by leading funds such as Maven Capital and SkyVision Capital, providing the foundation for a successful ICO.

What is a Crypto ICO?

Gemini defines a crypto ICO as a type of blockchain-enabled crowdfunding that allows a crypto project to raise funds by selling tokens. 

The tokens that are offered tend to have a use case within the project itself, meaning early investors can become a part of the community before the project has even launched.

Most of the time, crypto ICOs will allow investors to purchase tokens at a discounted price relative to their eventual listing price. This is done to entice investors to participate in the ICO and generate publicity, which is crucial to a project's growth.

The concept of crypto ICOs is not new, having been around since the early 2010s. Ethereum is one of the most notable projects to begin its life as an ICO, as early investors were able to acquire ETH for just $0.31 per token back in 2014. 

Given that ETH tokens are now valued at around $1,700 - and has been as high as $4,800 - it's clear why ICOs are so popular with risk-seeking investors.

However, it's also essential to bear in mind that crypto ICOs are generally unregulated, meaning they are not supervised or policed by leading institutions.

As such, investors looking to participate in crypto ICOs must do their due diligence and be aware of the risks before deciding to purchase tokens.

Ever wondered what the difference between ICOs and STOs (security token offerings) is? Read our article on the best crypto STOs for more information.  

How do Initial Coin Offerings Work?

Initial coin offerings are scheduled events that last for a specific amount of time which is decided on by the project's team. The team will set a date for the ICO and determine their fundraising goal. 

This goal will usually have a soft cap and a hard cap, which state the minimum and maximum number of tokens to be sold. Once the ICO has gone live, the purchasing process tends to look something like this:

• Investors will go to the project’s official website to participate in the ICO
• The website will display the token’s price and the currency used for the exchange – example ‘bridge’ currencies include ETH and BNB
• A wallet address will be provided by the project's team, to which investors must send funds to acquire tokens
• The investor will then send their investment amount to the wallet address before providing their own wallet address to receive their ICO tokens post-purchase

As the process above highlights, all that’s required to participate in an ICO is a crypto wallet and some digital currency holdings to make the exchange. However, this does mean prospective investors must own some crypto ahead of the ICO.

How to Find the Best New ICO Cryptos

Finding the best crypto ICOs can be challenging – especially given how saturated the crypto market is. 

Websites such as CoinMarketCap, Twitter, Reddit/CryptoCurrency, CoinList and CoinGecko are great for helping you find new projects - but it is vitally important you conduct thorough and detailed research in all projects before deciding to invest in them.

Strong indicators you are in good hands include a doxxed and public development team, a clear roadmap and whitepaper, and strong social media following - although beware of bots and spam accounts.

The three strategies below can help separate the high-potential ICOs from those that are likely to fall by the wayside:

Review the Project’s Whitepaper and Roadmap

One of the most important things to do when considering an ICO investment is to review the project’s whitepaper and roadmap. These elements help inform whether the project will have longevity or not, which is a crucial factor in an ICO's success.

The best ICOs tend to have detailed whitepapers that clearly explain what the project looks to accomplish and how it plans to do so. 

It’s also wise to ensure the whitepaper is grammatically correct and has no obvious spelling errors, which tend to be a hallmark of a hastily formulated project.

Use Social Media

Another helpful tactic to find the best crypto ICOs is to use social media. Social media platforms such as Twitter and Reddit have become valuable resources for crypto investors since they can offer real-time insight into a project's progress.

With marketing playing a massive role in an ICO's success, most development teams will emphasize social media to foster strong community backing. 

Thus, prospective investors can quickly identify projects with high potential by keeping tabs on ICO cryptos that are generating buzz on Twitter and Reddit.

Make Use of an ICO Calendar

Finally, investors can also use an ICO calendar to keep track of current and upcoming ICOs. 

The CoinMarketCap ICO Calendar is widely used in this regard, as it clearly shows the start date, end date, and funding goal for the scores of forthcoming projects.

Are ICOs a Good Investment?

Although ICOs are undoubtedly a widespread phenomenon within the crypto market, can they be considered a good investment? Detailed below are three reasons why crypto ICOs may be appealing to speculative investors:

Become Part of a Growing Community

Taking part in an ICO allows investors to become part of a growing community at the very beginning of the project’s life cycle. This has the added benefit of enabling like-minded people to interact with each other and form relationships whilst also providing feedback to the project’s development team.

Huge Returns Potential

Naturally, one of the main benefits of investing in an ICO is the vast returns potential that they can offer. Since most ICOs offer tokens at a reduced price point, early investors are in a great position to benefit if/when the token is listed on a major exchange. 

A prime example of this was the EOS ICO, which saw investors generate quadruple-digit returns once the token was listed on centralized exchanges.

Exclusive Perks

Finally, many ICO cryptos will offer exclusive benefits to entice early investors. The specific benefits can vary wildly but may include premium NFTs or access to merchandise. 

There may even be private Discord servers that only ICO investors can join, providing an incentive to participate.

Best Crypto ICOs – Conclusion

In summary, this article has taken an in-depth look at the best crypto ICOs to launch in 2023, covering what they offer and why they have generated such high momentum. 

Thanks to the innovative use cases displayed by these projects, investors remain eager to see how well they can perform in the weeks and months ahead.

The overall best crypto ICO right now is Love Hate Inu - this exciting new vote-to-earn project will revolutionize the web 3.0 voting ecosystem, rewarding users for participating in several surveys and polls.

It has already raised more than $385,000 in its presale less than a week after launching.

FAQs

How does an ICO in cryptocurrency work?

When an upcoming ICO is announced, early investors will have the opportunity to buy tokens using a ‘bridge’ cryptocurrency – such as ETH or BNB. The project’s team will provide a crypto wallet address to send funds to in return for tokens, with the token price being either fixed or variable, depending on demand.

Is investing in ICO crypto a good idea?

Investing in upcoming ICOs is inherently risky since projects are still in the early stages of their lifespan, so nobody knows for certain whether they will be successful. However, investors with a higher risk appetite can often generate considerable returns when an ICO crypto is listed on a major exchange since they will have been able to acquire tokens at a discounted price.

How do I buy crypto ICO?

Participating in an ICO is as simple as heading to the project’s official website and connecting a crypto wallet. Following this, investors will be able to buy tokens using a bridge currency (e.g. ETH, BNB), after which the project’s team will send the relevant number of tokens to the investor’s wallet.

Was Ethereum an ICO crypto?

Yes – Ethereum started as an ICO in 2014, raising over 7,000,000 ETH (around $2.2 million) in the first 12 hours of tokens going live. By the end of Ethereum's presale, the development team had raised a remarkable $18.3 million for the project.

What are the best crypto ICOs to buy in 2023?

Out of all the projects we've reviewed, Love Hate Inu, Fight Out, Metropoly, and C+Charge offer the most intrinsic value and upside potential.