9 Best IEO Cryptos to Buy This Year - Biggest Initial Exchange Offerings
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
Initial exchange offerings (IEOs) enable crypto startups to raise funds from the public by offering their native token in exchange for another digital asset, such as USDT, ETH, or BTC.
However, unlike an ICO, the IEO listing is facilitated by a crypto exchange, which perhaps offers more of a safeguard for investors.
In this guide, we discuss the 9 best initial exchange offerings this year.
The 9 Best Initial Exchange Offerings Happening in 2023
For a quick overview of the best initial exchange offerings this year, check out the list below:
- Love Hate Inu - Best IEO Offering Meme Utility Token and Vote-to-Earn Rewards
- Fight Out - Upcoming IEO with Innovative Move-to-Earn Fitness App
- C+Charge - New IEO Crypto Helping Offset Carbon Emissions
- RobotEra - Emerging P2E Crypto IEO Gaining User Traction
- DeFi Coin - Decentralized Exchange Project Built for the Community
- Share Internet Data - Peer-to-Peer Internet Sharing Platform
- Orion Protocol - Access DEX and CEX Platforms via a Single Ecosystem
- Sportscash - NFT Marketplace for the Sports Industry
- COTI - Decentralized App for Customized Payment Solutions
Analyzing the Best IEO Cryptos to Invest in
Searching for the best IEO crypto listings requires investors to conduct their own due diligence on both the project and the exchange that is hosting the fundraising campaign.
Therefore, in this section, we take a much closer look at the best IEO cryptos of 2023.
1. Love Hate Inu - Best IEO Offering Meme Utility Token and Vote-to-Earn Rewards
Love Hate Inu is a groundbreaking Vote-to-Earn platform that utilizes meme coins to reward users for staking and voting in various meme polls.
The platform is generating a buzz within the crypto community, attracting investors eager to join in the presale phase before the IEO. But what makes Love Hate Inu stand out in 2023?
A Unique Meme Coin Platform
Love Hate Inu distinguishes itself as a meme coin platform where users can engage in voting polls, ranging various topics from politics and entertainment to social issues.
Additionally, Love Hate Inu fosters a vibrant community by promoting constructive discussions and debates. The most enticing aspect? Users earn valuable tokens while voicing their opinions.
A Commitment to Fairness and Security
The project's developers recognize the importance of ensuring voting fairness, transparency, and security.
Consequently, Love Hate Inu leverages blockchain technology to guarantee accurate and verifiable vote counts. Users can trust that their opinions are valued, and their participation in polls will make an impact. Don't hesitate to join Love Hate Inu and let your voice be heard!
The Love Hate Inu whitepaper explains that participants must stake tokens to become eligible to vote in polls and subsequently earn $LHINU.
The platform employs a real-time Staking mechanism, safeguarding the voting process from spam and manipulation by requiring users to stake tokens for a minimum of 30 days.
To partake in a poll, users must stake their $LHINU tokens. A participant's voting power depends on the number of tokens and the staking duration. As a result, staking more $LHINU tokens or staking for an extended period leads to increased voting power.
Is Love Hate Inu Worth the Investment?
Within two weeks of its launch, Love Hate Inu's presale has already secured over $2 million in its second stage. Each stage spans 7.5 days, with tokens currently priced at $0.000095 USDT. However, by the eighth and final stage, LHINU's price will have escalated to $0.000145 USDT while preparing for its IEO.
Love Hate Inu is transforming the online survey market by pioneering a blockchain-based voting platform that produces incontrovertible results through distributed ledger technology. Combining the appeal of crypto memes and a robust community, Love Hate Inu is poised to become the preeminent online polling platform.
Stay updated on the latest project news by joining the Love Hate Inu Telegram group.
|Presale Started||8 March 2023|
|Purchase Methods||ETH, USDT, Credit Card|
2. Fight Out - Upcoming IEO with Innovative Move-to-Earn Fitness App
Fight Out is a new-age fitness app that empowers people with the necessary resources to meet their health goals. By incentivizing users to finish their daily exercise routines, the project keeps them inspired and progressing toward their goals.
The platform has accumulated over $4.7 million USDT in funding during its presale rounds and is set for its IEO, which is scheduled to go live on a centralized exchange on April 5th.
This launch is expected to drive up $FGHT’s value, which is projected to reach $0.033 USDT. Investors can purchase $FGHT tokens at a reduced price of $0.02516 USDT each before the official launch.
Fight Out has integrated its own currency called "REPS" within the app to incentivize users. Users can receive the in-app currency by finishing their workouts and daily fitness challenges. REPS can be redeemed for exclusive membership perks, NFTs, etc.
Moreover, the M2E project delivers a one-of-a-kind and interactive experience by enabling users to create custom NFT Avatars that mirror their actual-life fitness progression. This innovative feature allows users to gain a deeper perspective of their fitness journey and maintain motivation to reach their goals.
The M2E platform has formed connections with acclaimed MMA fighters such as Amanda Ribas and Taila Santos. This has boosted its reputation among fitness enthusiasts.
These collaborations with top UFC athletes will further solidify Fight Out’s credibility in the M2E sector. Additionally, the platform’s whitepaper explains its features, allowing users to gain a deeper understanding.
$FGHT Bonuses & Tokenomics
The project’s digital token, $FGHT, uses Ethereum and follows the ERC-20 protocol. During the pre-sale phase, buyers can acquire 45% of the total token supply, which is capped at 10 billion tokens.
$FGHT tokens allow users to take part in the platform’s tournaments and purchase REPS with a 25% extra bonus.
To encourage early buying of the $FGHT tokens, the platform also provides a bonus that starts from 10% for purchases of $500 with a vesting time of six months.
Buyers can stay informed by joining the Fight Out Telegram community for the latest updates.
|Presale Started||December 12|
|Purchase Methods||ETH, USDT, Transak|
3. C+Charge - New IEO Crypto Helping Offset Carbon Emissions
C+Charge is an innovative EV charging application that simplifies the vehicle charging experience while promoting environmental sustainability. With C+Charge, EV owners can receive carbon credits for their green actions, benefiting both the individual and the planet.
The project has the potential to be a top IEO crypto while already receiving an outstanding response from investors, raising over $1.7 million USDT during its presale phase.
The $CCHG token can currently be purchased at a discounted rate of $0.017 USDT. As the next presale stage approaches, the token's value is set to rise to $0.018 USDT.
C+Charge platform has devised a new method for EV owners to charge their cars by implementing a sustainable incentive program. EV drivers can earn carbon credits in their digital wallets using the project’s $CCHG tokens to make payments for charging their EVs.
The project also provides a range of features to improve the overall charging experience for EV drivers. A significant feature of the C+Charge app is the real-time monitoring of carbon credit balances. The project’s app offers additional advantages like current information on charging station availability, transparent pricing, easy payment options, and charging station recommendations.
The C+Charge app is equipped with an exceptional feature that uses geolocation technology to make it effortless for EV owners to locate the closest charging stations with just a few clicks.
The C+Charge whitepaper delves deep into the platform's features, including its groundbreaking sustainable incentive program.
$CCHG platform runs on the Binance Smart Chain and is native to the C+Charge project. The token has a limited supply of 1 billion units. Of these, the platform's presale rounds will make available 40% of the $CCHG tokens for purchase.
The $CCHG token is uniquely designed with a "burning" mechanism that sets it apart from other tokens. When the token is used to pay for EV charging, a portion is permanently removed, keeping the supply scarce and increasing the token's value for EV owners.
To stay up-to-date on the latest developments, individuals can join C+Charge's Telegram channel.
|Presale Started||December 16|
|Purchase Methods||BNB, USDT, Transak|
4. RobotEra - Emerging P2E Crypto IEO Gaining User Traction
RobotEra is a revolutionary platform that combines the best of both worlds - an immersive metaverse and the opportunity to earn rewards through gameplay.
Users of RobotEra will find themselves immersed in an unparalleled gaming experience, where they can not only explore and develop their digital assets but also play a crucial role in the rebuilding of a broken world through interactive gameplay.
The platform has already garnered significant interest from players and investors as it prepares for its IEO, raising over $954,000 USDT in its presale rounds. At press time, $TARO can be purchased at a discounted rate of only $0.02 USDT. However, the value of $TARO will jump to $0.025 in the upcoming presale round.
RobotEra allows users to explore a new virtual world by designing, sharing, and trading digital assets across various NFT communities. The project's ultimate goal is to build a metaverse that seamlessly combines elements of entertainment, social interaction, creativity, and exploration.
The platform allows players to enter different virtual realms and offers a wide range of experiences. From virtual theme parks and state-of-the-art virtual museums to other immersive adventures within the RobotEra ecosystem, users will find something that matches their interests.
The project also provides players with various ways to earn extra income. Through trading NFTs, staking TARO tokens, investing in virtual properties, or participating in mining activities, players have plenty of opportunities to monetize their involvement in the RobotEra ecosystem.
$TARO Presale Performance
The initial presale round of the platform has been gaining a lot of traction, with over 38 million tokens sold out of its 90 million token target.
The whitepaper provides in-depth information for those interested in learning more about the platform's capabilities. Additionally, interested parties can stay updated on the project's developments by joining the official Telegram channel.
|Presale Started||November 2022|
|Purchase with||ETH or USDT|
|Min Investment||1,000 TARO|
5. DeFi Coin - New Decentralized Exchange Project Built for the Community
Next up on this list of the best IEO crypto projects of 2023 is DeFi Coin. This up-and-coming project is building a decentralized exchange that is not only user-friendly but packed with features. At the forefront of this will be the ability to buy and sell crypto tokens instantly and anonymously, with no requirement to provide any personal details.
The process simply requires the buyer to connect their crypto wallet to the exchange - which is branded as DeFi Swap. Through an automated market maker protocol, buyers can purchase their required tokens without needing a seller. Once the DeFi Swap exchange is launched - which is expected to happen in the coming weeks, the initial focus will be on BSc tokens.
However, the team of developers is working on cross-chain functionality, which will likely support popular blockchain networks like Ethereum and Bitcoin. In the meantime, the DeFi Swap exchange will also be launching its staking facility in addition to a yield farming tool. Both of these features enable investors to generate a passive yield without requiring a third party.
Those with an interest in DeFi Swap can invest in this project by purchasing DeFi Coin tokens from PancakewSwap Taking into account that the project has been working on the development of its exchange for nearly one year, the price of DeFi Coin will attract value investors. This is because the project carries a market capitalization of just $1 million.
6. Share Internet Data - Peer-to-Peer Internet Sharing Platform
Share Internet Data is the next project that makes this list of the best IEO crypto listings for 2023. In its most basic form, the project is building a peer-to-peer platform that enables users to share their internet resources with those in need.
This can be achieved through the Share Internet Data mobile app for iOS and Android. After connecting to the system and sharing internet resources, users can earn rewards in the form of points.
2 points are paid for each shared connection, with can be converted into 20 MB worth of bandwidth. Share Internet Data will also be launching its SID token via the upcoming IEO. In total, the project is looking to raise up to 80 million EUR.
7. Orion Protocol - Access DEX and CEX Platforms via a Single Ecosystem
Orion Protocol is another option to consider when searching for the best initial exchange offerings this year. This project is building an ecosystem that will enable token holders to access a wide range of CEXs, DEXs, and swap pools - without needing to leave the user's wallet.
One such advantage that this will bring is that there is no requirement to use multiple exchanges to access preferred tokens. Instead, investors can trade via Orion Protocol and access a plethora of exchanges in one single place.
In turn, this also means that investors will have access to the best price possible when buying and selling digital assets. According to third-party sources, Orion Protocol will be launching its ORN token via an IEO later this year. The total hard cap that the project aims to reach is $4 million. The IEO will accept BTC, ETH, and HOLO.
8. Sportscash - NFT Marketplace for the Sports Industry
Sportscash could be the best IEO crypto launch this year for those with a passion for sports. This project is building an NFT marketplace that aims to attract sporting stakeholders - from fans and clubs to advertisers and agents.
The marketplace will enable stakeholders to create and sell their respective NFTs via a decentralized ecosystem that is fueled by the SCOneX token. In total, this project is looking to raise $2 million via its IEO launch.
Bonuses are on offer for earlier investors, with the first and second IEO round offering an additional 25% and 10% in SCOneX tokens. The Sportscash IEO will accept a range of digital assets as payment, inclusive of Bitcoin, Ethereum, Waves, and XRP.
9. COTI - Decentralized App for Customized Payment Solutions
The final project to be discussed on this list of the best upcoming IEOs this year is COTI. This project is looking to develop a decentralized app that enables consumers, businesses, and government entities to access customized payment solutions.
COTI claims that this will provide a gateway for cheaper and faster payments, in a burden-free manner. The gateway runs in conjunction with Trustchain, which COTI claims can process up to 100,000 transactions per second.
The COTI initial exchange offering is currently live and as of writing, has raised over $3 million. This represents 10% of its $30 million hard cap target. The IEO supports payment in BTC, ETH, and fiat.
What is an IEO?
An initial exchange offering, or IEO, enables new cryptocurrency projects to launch their native digital token to investors. The process is largely similar to an initial coin offering (ICO), insofar as IEOs allow projects to raise much-needed capital.
In most cases, the project will create its own token in exchange for large-cap digital assets, such as Ethereum or Solana. In turn, investors will receive the project's token after the IEO has concluded.
The main difference between IEOs and ICOs is that the former is conducted via a crypto exchange. This means that in order to access the fundraising campaign, investors will need to open an account with the exchange in question.
The theory is that by opting for an IEO, investors are provided with an additional safeguard. This is because the exchange will be responsible for performing due diligence on the IEO project and its founders. However, this doesn't guarantee that the crypto startup is legitimate.
As such, IEO investors are advised to do their own research. This is also the case for those looking to invest in the best crypto STOs in 2023.
How do Crypto Initial Exchange Offerings Work?
Although no two crypto IEOs are the same, the end-to-end process is largely similar across all listings.
First and foremost, the crypto startup will contact their preferred exchange for the IEO listing, alongside an application that outlines the fundamentals of the project. The ball is then in the court of the exchange, which will determine whether or not it wishes to host the IEO.
If it does, the crypto project will then release information on the fundraising campaign. In some cases, there will be just one IEO, while in others, there could be multiple. Each IEO will have its own hard cap total, which refers to the total amount of capital it wishes to raise.
For example, Tamadoge set its hard cap at $19 million - which the project raised in its entirety. Once the IEO goes live, investors will then need to exchange a supported digital asset for their desired number of tokens.
If the exchange is centralized, then this means that the investor will need to manually deposit the tokens through a standard wallet transfer. If the IEO is held on a DEX, then the investor can simply connect their wallet to the platform and initiate the exchange.
After the IEO has concluded - either because it has reached its hard cap total or the investment phase is closed, investors will then receive their presale tokens. In many cases, the project will then proceed to officially list its token on an exchange, meaning it can be traded by the public.
How to Find the Best Upcoming IEOs?
As we discuss in more detail shortly, the best IEO cryptos often offer investors an opportunity to buy into a project at the very start of its journey.
In turn, this means investing in a project while it carries a modest market capitalization, meaning that there is plenty of upside potential to target.
However, finding the best IEO crypto projects is the hard part - considering how many listings are being initiated in this space.
The first step in finding the best IEO cryptos is to spend some time researching leading launchpads. Top IEO exchanges include the likes of Binance, Kucoin, and FTX.
By heading over to these platforms, investors can explore whether any IEOs are about to be launched.
If this is the case, the platform will offer full details on the IEO in terms of the total token allocation, also price, and links to the project's website and whitepaper.
Some IEOs are conducted on lesser-known exchanges, especially when the project prefers decentralized exchanges.
As such, it is also worth using a third-party website that specializes in IEO (and ICO/IDO) listing announcements.
This will ensure that upcoming IEOs are not missed. Some third-party platforms in this space also offer an alert service, which means investors will receive an email when a new IEO announcement has been made.
Whitepaper and Due Diligence
Having access to upcoming IEO listings is the easy part. Knowing which projects represent a worthy investment is significantly more challenging.
A good starting point in this regard is to visit the IEO project's website and download the whitepaper.
A legitimate crypto startup will offer a highly comprehensive whitepaper that explains everything there is to know about the venture - including but limited to its long-term objectives, roadmap targets, background information on the development team, and the tokenomics of its native digital currency.
After reading through the whitepaper, IEO investors are then advised to conduct independent research on each and every claim that has been made.
Only then should investors consider their next move.
Are IEO Coins a Good Investment?
IEOs, in addition to ICOs and IDOs, will not be suitable for all investor profiles.
As such, before researching upcoming initial exchange offerings this year, beginners are advised to make the following considerations:
Lowest Token Price Possible
First and foremost, in a similar nature to stock IPOs, crypto IEOs typically reward earlier investors with the best price possible on the respective token.
In fact, the earlier that an investor gains exposure to IEO, the more favorable the cost price often is.
For example, during the Tamadoge presale, the token price increased gradually as each tranche of tokens was sold.
The vast majority of IEOs are utilized by new crypto startups. This means that because the project is still in its infancy, it will carry a small market capitalization.
This is not too dissimilar to investing in a traditional startup long before its IPO campaign.
For example, when Lucky Block completed its presale campaign in early 2022, it carried a market valuation of just $16 million. In just a month of trading, Lucky Block went on to reach a valuation of over $1 billion. This represents growth of over 6,000%.
Crucially, although risker when compared to large-cap projects, IEOs with a small valuation offer a much higher upside potential.
Perhaps the most anticipated part of the IEO investment process is when the respective token is listed on a public exchange for trading.
This should not be confused with the exchange that the token is listed on for the purpose of the IEO. Nevertheless, the initial exchange listing offers an opportunity to those that missed out on the IEO fundraising campaign.
If the project is solid and has created subsequent levels of hype, this can result in a huge wave of buying pressure after the exchange listing.
If this is the case, this can benefit IEO investors greatly.
How to Invest in $LHINU
On its way to becoming a successful IEO, Love Hate Inu is still in its presale stage. It offers buyers an excellent opportunity to make high returns, given its discounted rate.
The steps below outline the process of buying $LHINU
Step 1: Get a Wallet
First, make sure you have a cryptocurrency wallet such as MetaMask or TrustWallet. These can be downloaded from their respective websites.
Step 2: Connect
Next, connect your wallet to the $LHINU presale website by clicking on the "Connect Wallet" button. Verify that you have enough funds available for the purchase and, if not, consider using a service like Transak to acquire them.
Step 3: Buy $LHINU
Once you have the necessary funds, you can purchase $LHINU by clicking "buy with ETH" or "buy with USDT" and entering the desired quantity.
Step 4: Claim
Once the transaction fee is confirmed, the purchase will be complete, and you can redeem your tokens once the presale concludes.
This guide has ranked the best upcoming IEOs in the market right now, in addition to a selection of presales that have recently been listed on an exchange for the first time.
Overall, from an investment perspective, Love Hate Inu is the best upcoming IEO - with its revolutionary platform that offers industry-leading vote-to-earn rewards for voicing opinions on several pressing issues ranging from entertainment to politics.
What is an IEO in crypto?
An IEO refers to an initial exchange listing. The process enables newly launched cryptocurrency projects to raise funds from the public by selling their native token. An IEO is different from an ICO, not least because the fundraising campaign is facilitated by an exchange. The best IEO exchanges include Binance and Kucoin.
How do IEOs work?
The cryptocurrency startup will make a predefined number of tokens available to early investors. The fundraising campaign will be hosted by an exchange, which usually means that investors will need to open an account and make a deposit in crypto. Then, the investor can swap a supported crypto asset for the token being offered via the IEO.
What is the difference between IEO and IDO?
Both IEOs and IDOs (initial direct offerings) enable investors to gain exposure to a newly launched cryptocurrency project. The investment process is, however, different. An IEO will offer access to the new cryptocurrency token via an exchange. An IDO, on the other hand, will list its token directly on a decentralized exchange. This is also known as a 'fair launch' - as after the listing, market forces will dictate the price of the token.
Are IEO cryptos worth it?
New IEOs are best suited for investors that wish to target above-average returns and are prepared to take on additional risk to achieve this goal. For instance, while some IEOs go on to generate returns of 100x, others fail completely.
What are the best upcoming IEOs?
One of the best IEOs to keep an eye on in 2023 is Love Hate Inu. This project is building a cutting-edge platform that will offer high vote-to-earn rewards.