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Active ICO, IDO & IEO List – Ongoing ICOs in 2024

Kane Pepi
Kane Pepi | Verified by Alan Draper
Last updated: | 22 min read
Active ICOs

Looking to invest in an initial coin offering (ICO), but not sure where to find suitable projects? You’ve come to the right place.

This page reveals the best active ICO campaigns for May 2024. We analyze each ICO, as well as IDOs (Initial Dex Offerings) and IEOs (Initial Exchange Offerings), covering the upside potential, risk considerations, and anything else you need to know. Read on to find the next 1,000x crypto ICO.

  • First truly multi-chain Doge token, promising interoperability across major blockchains
  • Easy to buy and claim $DOGEVERSE tokens during presale phase
  • Could be the next Doge-inspired coin to explode ahead of Doge Day
Project Launched
April 2024
Meta
Meme, Multi-Chain
Purchase Methods
  • ETH
    ETH
  • usdt
    usdt
  • Infinitely upgradeable AI meme coin, with modular technological capabilities.
  • Huge staking rewards available everyday during presale.
  • Presale price rises every two days - buy now to benefit from best price before listing.
Project Launched
April 2024
Meta
Stake-to-earn, Meme
Purchase Methods
  • ETH
    ETH
  • usdt
    usdt
  • First of its kind daily rewards based on the performance of Mega Dice Casino
  • $DICE holders can enjoy 25% rev-share through the Mega Dice Referral Program
  • $2,250,000+ USD airdrop for casino players
Project Launched
April 2024
Meta
GambleFi
Purchase Methods
  • Solana
    Solana
  • ETH
    ETH
  • bnb
    bnb
  • Learn-to-Earn platform that rewards users for learning about crypto
  • Stake $99BTC tokens in secure smart contract to earn passive rewards
  • Get the edge in fast-moving markets with expert crypto trading signals
Project Launched
April 2024
Meta
Learn-to-Earn
Purchase Methods
  • ETH
    ETH
  • usdt
    usdt
  • Bank Card
    Bank Card
  • bnb
    bnb
  • +1 more
  • Innovatives VR & AR Gaming Project
  • Aiming to Raise $15M Across 12 Rounds
  • Token Holders Get Lifetime Access to VR Content
Project Launched
January 2024
Meta
VR
Purchase Methods
  • ETH
    ETH
  • usdt
    usdt
  • Bank Card
    Bank Card
  • Trending meme coin with P2E utility & staking rewards
  • Price up 10x in past month, rumors of Binance listing
  • 12k+ holders and growing
Project Launched
December 2023
Meta
Meme, P2E
Purchase Methods
  • Bank Card
    Bank Card
  • usdt
    usdt
  • ETH
    ETH
  • Buy and hold $SMOG to generate and earn airdrop points
  • 35% of supply reserved for future airdrop rewards
  • Viral potential after pumping over 1000%
Project Launched
February 2024
Meta
Meme, P2E
Purchase Methods
  • usdt
    usdt
  • Solana
    Solana
  • Native BSC token
  • Audited by Coinsult
  • Long-term rewards for holders
Project Launched
2023
Meta
AI
Purchase Methods
  • bnb
    bnb
  • usdt
    usdt
  • Bank Card
    Bank Card
  • Access to huge fee revenue through staking
  • 50% of 10bn token supply available at presale stage
  • 85% of fees go back to the community
Project Launched
March 2024
Meta
CasinoFi
Purchase Methods
  • usdt
    usdt
  • bnb
    bnb
  • ETH
    ETH
  • New meme coin offering an immersive experience via high-stakes battles
  • Participants can buy and stake $SHIBASHOOT tokens for rewards in excess of 25,000% p/a
  • Token holders can cast votes on key project decisions and try their luck in the 'Lucky Lasso Lotteries'
Project Launched
April 2024
Purchase Methods
  • ETH
    ETH
  • usdt
    usdt
  • bnb
    bnb
  • First crypto-based lending platform, allowing loans up to 75% of the total Memereum assets.
  • Comprehensive insurance coverage for digital coins and precious metals, including gold and silver.
  • High-value holders get state-of-the-art NFTs, valued over $1,500 in the open market.
Project Launched
March 2024
Meta
Insurance
Purchase Methods
  • bnb
    bnb
  • usdt
    usdt
  • ETH
    ETH
  • Innovative AI crypto casino offering staking, airdrops and custom games
  • $HPLT presale has raised over $400k so far with +60M bets placed by +150k users
  • Offers daily staking rewards, hype NFTs and is fully audited by Certik
Project Launched
March 2022
Purchase Methods
  • bnb
    bnb
  • ETH
    ETH
  • usdt
    usdt

List of Active ICOs in 2024


We’ve sourced a list of active ICO campaigns that have the potential to explode. To ensure investors are well diversified, we covered a wide range of project types.

Find the 16 best ongoing ICOs listed below:

  1. Dogeverse – User-friendly multi-chain DOGE-inspired token, over $2.2M raised within a week.
  2. Slothana – Solana-based meme coin offering an innovative airdrop model, raised over $10 million through its presale.
  3. 99Bitcoins – Learn-to-earn crypto offers huge staking APYs. Over $190K raised in hours.
  4. 5th Scape – A new virtual reality ecosystem that connects with blockchain technology, 5th Scape has developed immersive games and a proprietary VR headset
  5. Sponge V2 – Sponge V2 is a meme coin project with huge upside potential. Its predecessor – Sponge V1, produced gains of over 100x in 2023
  6. Smog – Dragon-themed meme coin providing SOL airdrops to token holders.
  7. Bitcoin Minetrix – A Trending active ICO, with almost $10.8 million raised. Bitcoin Minetrix is revolutionizing the Bitcoin mining industry
  8. eTukTuk – Popular with green investors, eTukTuk is bringing electric tuk-tuks to emerging economies. Invest in the future of sustainable transportation
  9. Dogecoin20 – An eco-friendly alternative to Dogecoin,  over 2000% APY, set to launch on Doge Day (April 20th).
  10. Scorpion Casino – A regulated crypto gambling site with a native token SCORP, giving players a daily share of the casino’s profits. Over $4.2 million raised so far
  11. Hypeloot – Provably fair casino with exclusive games, Hypeloot is disrupting the traditional gambling scene. ICO investors can secure an 81% upside
  12. Soulmate AI – Allows users to create a virtual girlfriend that functions on AI, features include sexting, voice and text chat, and even selfies
  13. ENCORE-DEFI – This ongoing ICO is developing a decentralized finance platform with token swaps, high APY products, and cross-chain functionality
  14. Cogwise – Leveraging advanced AI, Cogwise has developed virtual finance advisors that specialize in crypto. This popular ICO has raised almost $7 million so far
  15. Pikamoon – With over $4.6 million raised from early investors, Pikamoon will be one of the biggest play-to-earn metaverse games in 2024
  16. Stabble – A new decentralized trading platform on the Solana network, Stabble offers slippage-free orders, margin liquidity, and perpetual swaps

Active ICOs in May 2024 Reviewed


Read on to learn more about the active ICO, IDO and IEO list above. We’ll reveal everything you need to know to make an informed decision. This includes an overview of the project, its use cases, what risks to consider, and details of the ICO itself.

1. Dogeverse – User-friendly multi-chain DOGE-inspired token, over $2.2M raised within a week

Dogeverse has captured the imagination of a diverse range of crypto communities with its multichain posture. Before migrating to BNB, Polygon, Solana, Base, and Avalanche, Dogeverse was first launched on Ethereum.

To ensure a smooth navigation between these chains, Dogeverse has integrated Wormhole and Portal Bridge technologies, distinguishing itself from traditional meme coin offerings. 

Dogeverse ICO

Another key selling point of Dogeverse is its standard staking model, allowing early movers to maximize their holdings. According to its whitepaper, not less than 10% of the project’s total supply has been dedicated to staking rewards. This rewarding feature introduces additional utility to the project, motivating investors to hold their tokens so as to make more gains. 

Meanwhile, the ICO of the project is presently in its first stage and early movers can get their hands on the token for as low as $0.00292. The token’s price is expected to increase in a few hours as the meme coin moves into the next stage of its ICO. The ICO is soft-capped at $8.835 million and the campaign will go through 10 stages before transiting to its hard cap stages.

With over $2 million raised, Dogeverse has already earned the trust of savvy investors looking to increase their bags amid the ongoing meme coin mania.

Visit Dogeverse

2. Slothana – Solana-based Meme Coin offering an Innovative Airdrop Model, raised over $10 million through its ICO

Slothana is another top crypto ICO that is attracting a huge frenzy among investors. The ICO adopted a “no cap” approach, allowing early movers to acquire the token as much as they like. This flexibility and simplicity have largely contributed to the success of the campaign, helping the project raise over $10 million in early investments within the first two weeks of going live.

In essence, this feat showcases huge community trust and investors’ interest in Slothana. While it derives its value from speculative trading and the growth of its community alone, Slothana’s distinctive launch structure, strategic marketing, and launch timing positions it as one of the most promising meme coin sensations in the crypto town.  

Slothana

SLOTH will debut on exchanges by April 20th’s “Doge Day” – a day marking the annual celebration of meme coin culture across the world. Interestingly, this year’s anniversary also coincides with the next Bitcoin halving event. As such, Slothana has been tipped to record a flourishing outing when it goes live on exchanges. 

Visit Slothana

3. 99Bitcoins – Learn-to-Earn Crypto, offering attractive APY rewards

99Bitcoins stands out by offering unlimited benefits to holders. By providing a platform that offers a combination of exclusive trading signals and strategies and VIP community mentorship, 99Bitcoins seeks to improve the learning experience in the crypto world. What sets 99Bitcoins apart is its Learn-to-Earn and BRC-20 standards. As the first L2E token, 99Bitcoin appeals to major crypto newbies who are seeking to find their way in the industry.

The 99Bitcoins platform offers educational courses to crypto enthusiasts, providing them with materials that support them in understanding the pros and cons of the crypto market. Likewise, the platform also provides news content, aiding users to catch up with the latest happenings in the crypto landscape. On 99Bitcoins, there are more than 70 trading courses available for traders to immerse themselves and make a reasonable profit.

99Bitcoins

Like others on this list, this token can be staked to earn massive rewards. This aspect of the token provides holders with immense value. Finally, anyone who advance through 99Bitcoins extensive curriculum and participate in its community will earn up to $99BTC.

Visit 99Bitcoins

4. 5th Scape – Virtual Reality Gaming Ecosystem With a Proprietary VR Headset, ICO Investors Get an Immediate Upside of 434%

Those looking to invest in the future of virtual reality (VR) should consider 5th Scape. This active ICO project has developed an entire gaming ecosystem. Not only does this include immersive VR games but also a VR headset. It has also developed a VR gaming chair. Used collectively, players can enjoy unparalleled gaming experiences.

Some of the games developed so far include Cage Conquest (combat and strategic training), Immersive Kickoff (soccer), Thrust Hunter (racing), and Epic Cricket Arena (cricket). Players holding 5SCAPE tokens can enjoy all supported games for free. This covers lifetime access, meaning 5SCAPE has a solid long-term use case.

5th Scape review

80% of the 5SCAPE token supply will sold to ICO investors. That said, there’s an eight-week vesting period on the first 40% purchased. The balance is vested over eight months. Nonetheless, the 5th Scape ICO offers a huge discount for early investors. Today, you’ll pay just $0.00187 per token. After the ICO. 5SCAPE will be listed on exchanges at $0.01 – an upside of 434%.

Visit 5th SCAPE

5. Sponge V2 – Invest in the Next 1,000x Meme Coin ICO, With Sponge V1 Producing 100x Gains Last Year  

Sponge V2 is one of the best meme coins to buy right now. Like many meme coins, Sponge V2 doesn’t have any use cases or intrinsic value. What it does have is a proven track record. This is because Sponge V2 is the continuation of Sponge V1 – which produced gains of over 10,000% last year.

Sponge V1 is being merged into Sponge V2, meaning more than 13,000 existing token holders will make the transition. This is in addition to thousands of social media followers and Telegram members. The Sponge V2 team already has a huge marketing budget, so some commentators believe that similar gains could be replicated.

Sponge V2 ICO review

Sponge V2 is also expected to secure several centralized exchange listings after the ICO finishes. This is because Sponge V1 is already listed on many exchanges, so applications should be fast-tracked. Sponge V2 is running a stake-to-bridge ICO. New investors can buy Sponge V1 tokens directly, which are then bridged to V2. ICO investors also earn staking rewards of 196%.

Visit Sponge V2

6. Smog – Dragon-themed Meme Coin, providing SOL airdrop for token holders

Smog has become one of the hottest meme coins in the market right now, thanks to its distinctive aesthetics. With plans to launch numerous airdrop campaigns at strategics periods, this project has demonstrated its unflinching commitment to prioritizing community engagement and rewards.

At the heart of Smog’s viral success is its embracement of a transparent business model. Unlike most meme coins, Smog comes with a stipulated tokenomics to enhance the growth of its ecosystem, its liquidity and community engagement. Overall, Smog has a total supply of 1.4 billion, out of which 35% has been dedicated to its airdrop events.

Smog

Smog first made its debut on Solana before transiting to Ethereum with the help of PortalBridge, thereby exposing it to a wider audience. While offering better accessibility with Ethereum, Smog also caters to traders seeking rapid transaction speed and low costs with its presence on Solana. Above all, Smog has a staking utility, giving it long-term potential.

Visit Smog

7. Bitcoin Minetrix – Overall Best Active ICO, an Innovative Stake-to-Mine Concept Raising Nearly $10.8 Million

Bitcoin Minetrix is revolutionizing the way crypto investors mine PoW coins. You’ll be joining thousands of other investors who have invested almost $10.8 million collectively. This means Bitcoin Minetrix will be one of the most successful ICOs of 2024. Growth investors are attracted to its innovative stake-to-mine concept.

This is because Bitcoin Minetrix allows people to mine Bitcoin from home without technical know-how. Nor do users need to purchase expensive mining equipment or spend vast amounts on electricity. Instead, users can stake BTCMTX tokens, generate credits, and then exchange these credits for Bitcoin mining power.

Bitcoin Minetrix ICO

This concept is similar to cloud mining but without centralization, long contract time frames, and high minimum investments. Bitcoin Minetrix is an inclusive project that allows anyone to mine Bitcoin. To invest in the Bitcoin Minetrix ICO, you can use a credit card, ETH, or USDT. BNB and MATIC are also accepted, but you’ll lose out on staking rewards of 63%.

Visit Bitcoin Minetrix

8. eTukTuk – Invest in the Future of Green Transportation, With Electric Tuk-Tuk Vehicles For Emerging Countries

Next is eTukTuk, an active ICO project that will appeal to green investors. Almost $1 million has been raised so far, illustrating a strong appetite for eTukTuk’s concept. It manufactures sustainable tuk-tuk vehicles that run on electricity. This will reduce the current reliance on internal combustion engines.

Moreover, eTukTuk builds its electric tuk-tuks with local, sustainable materials. It will initially roll out vehicles in Sri Lanka. This is where the eTukTuk team is headquartered. After that, it will expand into other Asian countries. eTukTuk vehicles are compliant with existing electric charging stations.

eTukTuk ICO review

This ensures that drivers can easily charge their eTukTuks without needing additional upgrades. eTukTuk vehicles will also come with AI integration. This will help drivers find the most efficient routes, based on real-time traffic data. The eTukTuk ICO accepts BNB and USDT (BEP-20). ICO investors get staking rewards of 223%. ETH is also supported but isn’t eligible for staking.

Visit eTukTuk

9. Dogecoin20 – An Eco-friendly Alternative to Dogecoin

Dogecoin20 is another active ICO project that has gained traction in the crypto town. Though inspired by the meme coin king, Dogecoin, Dogecoin20 has distinguished itself by broadening its utility spectrum, allowing its holders to earn passive rewards while also benefiting from potential market gains.

Unlike its predecessor, Dogecoin20 is built on the Ethereum network, leveraging the smart contract functionality to facilitate staking rewards and eliminate the delayed throughput encountered with Dogecoin. In essence, Dogecoin20’s lucrative stake-to-earn mechanic, Dogecoin20’s limited token supply, doge-inspired branding and extensive marketing strategy have helped captured the attention of savvy investors. Despite hitting its $10 million fundraising target, the demand for the token doesn’t seem to be slowing down yet.

dogecoin20

Meanwhile, Dogecoin20 will officially make its market debut on April 20 with a listing on Uniswap. This date is quite significant as it coincides with the annual “Doge Day,” marking the celebration of meme coin culture. Before then, investors still have the opportunity to buy DOGE20 at a cheaper rate.

Visit Dogecoin20

10. Scorpion Casino – Regulated Crypto Casino and Sportsbook Offering SCORP Holders a Share of Daily Profits      

The next active ICO to check out is Scorpion Casino. Aiming to become one of the best Bitcoin casinos, this ICO offers exposure to the blockchain gambling industry. Scorpion Casino has secured licensing from the Governor of Curaçao, ensuring a safe experience. It supports hundreds of games, including blackjack, video poker, baccarat, slots, and roulette.

This is in addition to sports betting, covering tennis, basketball, American football, soccer, and more. Generous bonuses and promotions are also offered to new and existing players. The Scorpion Casino ICO – which has already raised over $4.2 million, is selling SCORP tokens. SCORP holders receive a share of Scorpion Casino’s profits.

Scorpion Casino review

Every day, profits are used to purchase SCORP from public exchanges. Some tokens are used for daily staking rewards, while the balance is sent to a burn address. The latter reduces SCORP’s supply over time. After the ongoing ICO, SCORP will be listed on the Bitmart exchange at $0.05. The current ICO price is just $0.029, so investors can get a 72% upside.

Visit Scorpion Casino

11. Hypeloot – New Provably Fair Casino With Exclusive Games, Token Buybacks, and Profit Sharing

Next is Hypeloot, another active ICO from the blockchain gambling industry. This Hypeloot specializes in provably fair games. These are gambling games that leverage blockchain technology for fair outcomes. Unlike conventional casino games, provably fair results can be verified independently.

Popular games include crypto crash, dice, plinko, and wheel. Hypeloot will also license games from Softswiss. This will include table games with live dealers, covering roulette, blackjack, and baccarat. This is in addition to slot games with high RTPs. Hypeloot incentivizes players to gamble with its native token, HPLT.

Hypeloot reviews

In doing so, HPLT holders receive daily staking rewards. This is funded from casino profits. Hypeloot also buys HPLT back from the open market and removes the tokens from the circulating supply. This makes Hypeloot a deflationary currency. The Hypeloot ICO has raised over $300,000 so far. Based on current prices, ICO investors can secure an 81% upside.

Visit Hypeloot

12. Soulmate AI – AI-Generated Virtual Girlfriends With Voice Messages, Sexting, and Selfie Images 

Having found a huge gap in the market, Soulmate AI has created a sea-change in online dating. In a nutshell, this project enables users to create an AI-backed virtual girlfriend. Their appearance is completely customizable. Users can then ‘sext’ their virtual girlfriend, send and receive selfies, and share voice messages.

Soulmate AI operates as a decentralized autonomous organization (DAO). This means those holding its native token, SAI, have a say in how the project is run. Moreover, users will access Soulmate AI via an iOS or Android app. This means its ecosystem will also appeal to users outside of the crypto space.

Soulmate AI review

Soulmate AI is in the midst of its ICO campaign. Investors are currently paying just $0.1 per SAI. The ICO price will increase in just over two days. Payments can be made with ETH, USDT, USDC, or BSC. Credit card acceptance will be launched soon. SAI tokens will be launched on exchanges in May 2024.

Visit Soulmate AI

13. ENCORE-DEFI – New Decentralized Finance Platform Offering Token Swaps, Earning Yields, and Advanced Tools 

Investors might also consider ENCORE-DEFI. This project is developing a decentralized finance (DeFi) platform that comes packed with features. While ENCORE-DEFI is built on Ethereum, it offers cross-chain functionality. This means users can swap tokens from different blockchain standards.

For instance, swapping ETH (Ethereum) for LTC (Litecoin). In addition, ENCORE-DEFI will also launch staking pools. Users can deposit their idle crypto tokens and earn dynamic APYs. There will also be a token tracking tool. This enables users to seamlessly manage and rebalance their crypto portfolios.

ENCORE-DEFI ICO

Another feature is that ENCORE-DEFI operates as a DAO. This ensures token ENC holders can vote on key proposals. In terms of the ongoing ICO, ENCORE-DEFI is selling ENC tokens at $0.02 each. The ICO will run for another 107 days. The hard cap target is set at almost $30 million.

Visit Encore DeFi

14. Cogwise – AI-Backed Financial Advisors Specializing in Crypto, Almost $7 Million in ICO Funding

We found that Cogwise is also one of the best ongoing ICOs to consider. This project leverages AI to create expert crypto advisors. Users have one-on-one access with their advisor through text-based conversations. For example, the user can ask for a list of trending cryptocurrencies or feedback on an upcoming ICO.

Cogwise will also offer AI-based smart alerts. This helps users stay informed about key market developments. For instance, if a whale makes a large withdrawal from an exchange, you’d be notified. Cogwise can also help users create smart contracts. No technical knowledge is required, simply answer some basic questions.

Cogwise ICO review

The Cogwise ICO is going very well, with almost $7 million raised so far. The current ICO price is just $0.042 per COGW. After the ICO, COGW will be listed on exchanges at $0.065. That’s a 54% upside from current prices. Investors can swap ETH or USDT for COGW.

Visit Cogwise

15. Pikamoon – Play-to-Earn Metaverse Game With Immersive Experiences, In-Game Assets, and Over $4.6 Million in ICO Funding

If you’re looking to invest in metaverse gaming, consider Pikamoon. This innovative project is now in stage 3 of its ICO campaign. This allows investors to buy PIKA tokens at just $0.0006, a 14% discount from the exchange listing price. So far, the Pikamoon ICO has raised more than $4.6 million from early backers.

The Pikamoon metaverse, called the ‘Pikaverse’, comes with many gaming angles. Players begin by creating an avatar and searching for in-game assets. Being approached by a monster will trigger a battle. Winning earns players free PIKA tokens. The tokens can be used to purchase in-game upgrades or sold on public exchanges.

Pikamoon ICO review

Any in-game assets, such as weapons and spells, are backed by unique NFTs. These can be traded on the Pikamoon marketplace for PIKA. ICO investors are also incentivized with first-generation NFTs. Just 27,018 will ever exist, ensuring rarity and the potential for value appreciation.

Visit Pikamoon

16. Stabble – Decentralized Trading Platform Without Slippage, Also Offers Margin Liquidity and Perpetual Swaps 

Another ICO from the DeFi space is Stabble. This DeFi project has a unique selling point; it eliminates slippage. This is a major pain point when trading on decentralized exchanges, as slippage means traders get an unfavorable price. On Stabble, the price you see is the price you pay.

Stabble achieves this by splitting smart contracts when executing trades. This results in arbitrage and smart liquidity routing. What’s more, Stabble also offers margin liquidity trading, not to mention perpetual swaps. This means users can trade leveraged crypto markets.

Stabble ICO review

As a DeFi platform, Stabble offers complete anonymity. Users can begin trading as soon as they’ve connected a wallet. Just over 0.5% of the total supply will sold in the current round. Stabble operates on the Solana network, so the ICO only accepts SOL tokens.

Visit Stabble

What are Active ICOs?


ICOs are initial coin offerings, which allow you to invest in brand-new crypto projects. ‘Active’ ICOs are still ongoing, meaning you can invest before the fundraising campaign concludes.

After the ICO finishes, the tokens are normally listed on crypto exchanges. Depending on what ICO stage you invested in, this could provide an immediate upside. This is because early-stage investors typically get the lowest token price.

Most active ICOs accept crypto payments like ETH, USDT, and BNB. You can sometimes invest with a credit card too, but this will require KYC. Always consider the risks of ICOs; the value of your tokens could go to zero.

Active ICO List


Coin Start Date Sale Type
$DOGEVERSE April 2024 ICO
$SLOTH March 2024 ICO
$99BTC April 2024 ICO
$5THSCAPE January 2024 ICO
$SPONGEV2 December 2023 ICO
$SMOG February 2024 ICO
$TUK October 2023 ICO
$BTCMTX September 2023 ICO
$DOGECOIN20 March 2024 ICO
$HYPELOOT March 2022 ICO

What’s the Difference between Active ICOs, IDOs, and IEOs?


ICOs, IDOs, and IEOs are all methods of raising funds for cryptocurrency projects, but they differ in several key aspects. Active ICOs are typically conducted by the project team independently, without the involvement of a third-party platform. This means that the project team is responsible for marketing, token distribution, and other aspects of the fundraising process.

Active IDOs are a more recent innovation in fundraising, specifically designed for decentralized finance (DeFi) projects. In an IDO, tokens are offered directly to investors through decentralized exchanges (DEXs) rather than traditional centralized exchanges.

Active IEOs are similar to active ICOs but involve collaboration with a centralized cryptocurrency exchange. In an IEO, the exchange acts as a trusted intermediary, vetting projects and conducting due diligence on behalf of investors. Exchanges typically charge listing fees and take a percentage of the tokens sold as compensation, which can vary depending on the exchange and the terms of the agreement.

How to Find Active ICOs Early


We mentioned that early-bird investors get the most favorable ICO price. This means it’s beneficial to find active ICOs at the earliest stage possible.

Here’s some tips that can help you discover active ICOs early:

  • ICO Listing Websites: There are several websites dedicated to ICO listings. This should show all upcoming and active ICOs, alongside links to whitepapers and websites. ICOBench, for instance, is a great starting point.
  • Reddit: Join Reddit groups that are exclusively focused on ICOs. Consider r/CryptocurrencyICO and r/ico, which have over 186,000 and 51,000 followers respectively.
  • X: X (formally Twitter) is hugely popular with crypto investors. Use hashtags like #ICO or #presale to see what’s available. This is often the most effective way to find active ICOs early.
  • Telegram: There are many Telegram groups dedicated to crypto ICOs. Use the search bar, type in ‘ICO’, and explore groups with large followings. While some Telegram groups charge subscription fees, this can pay for itself after just one successful ICO investment.
  • CoinMarketCap: You can also check out CoinMarketCap, which offers an upcoming ICO calendar. Currently, however, only one upcoming ICO is listed.

Methodology: How We Rate Ongoing ICOs


We revealed 15 of the best ongoing ICOs earlier, ranking each project based on the potential rewards. We’ll now explain our methodology. This will enable you to find your own ICO investments in an informed manner.

Fastest Selling ICOs

Our methodology placed a strong emphasis on fast-selling ICOs. Put otherwise, we prioritized ICOs that are trending in the broader crypto community. After all, should the ICO reach its hard cap target earlier than expected, this can create FOMO (fear of missing out).

Therefore, once the ICO tokens are listed on exchanges, new investors will be keen to gain exposure. Dogeverse, for example, has already raised over $2 million within a week. This means these projects have a solid chance of blowing up after the ICO concludes.

Clear Auditing and Tokenomics

In addition to the upside potential, risk considerations also need to be made. This starts with an analysis of the smart contract. For example, has the ICO project had its smart contract audited by a reputable third party? Some established smart contract auditors to look for include Consensys, Certik, and SolidProof.

Consensys smart contract audit

Our methodology also dived into the tokenomics. This ensures the ICO tokens can operate in transparent, fair, and stable market conditions. For instance, how many tokens will be issued, and what percentage will be sold to ICO investors? What’s more, explore what blockchain standard the tokens operate on (e.g. ERC-20) and whether transactions are taxed.

Compelling Roadmap and Whitepaper

The roadmap and whitepaper also helped us rank the best active ICO campaigns. Starting with the whitepaper, this outlines the goals of the crypto project. For instance, what products/services it plans to offer and what real-world problems are solved. The whitepaper should also explain the use cases for the ICO tokens, if any.

The roadmap is equally as important. This details a timeline strategy for the ICO project. For example, what development and marketing objectives it aims to achieve, and when. Investors pay close attention to roadmap progression. Hitting targets on time is a good sign and can attract new investors. Missing a roadmap target will have the opposite impact.

Where Can I Find ICO Whitepapers?

  • Most ICO projects provide a whitepaper link on their website.
  • A PDF will be downloaded, allowing you to read the whitepaper at your leisure.
  • If any segments of the whitepaper don’t make sense, consider joining the ICO’s Telegram group – 24/7 support is normally offered by verified admins.

Conclusion


Active ICO campaigns allow you to invest in new cryptocurrencies from the ground up. Oftentimes, the earlier you get in, the lower the ICO price.

In our view, the overall best active ICO to check out is Dogeverse. With over $2.1M already staked and bridged, Dogeverse is generating lots of hype, especially ahead of Doge Day. It allows users to buy and stake to earn DOGEVERSE tokens. Could this multichain wonder that is Cosmo outperform rival Doge-themed coins? The whales certainly seem to think so. Follow the link below and explore the staking-focused meme token that everyone is talking about in 2024.

Visit Dogeverse

Active ICO FAQs

What is an active ICO?

Active ICOs are initially coin offerings that are still live. This means you can still invest at favorable ICO prices.

What’s the difference between active ICOs and IDOs?

Initial coin offerings (ICOs) allow new projects to sell their crypto tokens directly to investors. Initial DEX offerings (IDOs) hold their fundraising campaigns on a decentralized exchange.

Should I invest in ICOs?

Some of the most successful cryptocurrencies began life as ICOs, including Ethereum and Filecoin. However, while ICOs can produce significant gains, they’re also risky.

References 

  1. Blockchain Gaming Market Analysis, Industry Size & Forecast (Markets and Markets)
  2. Five Things To Know About ICOs (SEC)
  3. Advancing Clean Transportation and Vehicle Systems and Technologies (U.S. Department of Energy)
  4. Ethereum’s Energy Revamp Is No Guarantee of Global Climate Gains (Bloomberg)