Top ICO Platforms: Reviews and Comparison
Written By
Onuorah Ifeanyi karisContent and Scriptwriter
Reviewed By
Franklin IzuchukwuCrypto Writer, Business Writer and Radiographer
With the continuous growth in the cryptocurrency market, ICOs remain the most effective means through which blockchain startups raise funds, providing crypto investors early investment opportunity and exposure to a blockchain network.
Crypto enthusiasts and investors looking to participate in ICOs need an ICO platform, and choosing the right platform is one of the important steps to successful participation.Â
We review here five of the best blockchain ICO platforms, detailing key features, pros, and cons while giving safety tips to investors.
CoinList ICO Launchpad
Binance Launchpad
AscendEX ICO Platform
OKX Jumpstart
Bybit Launchpad
Comparison of top ICO platforms
5.0 | 4.5 | 4.2 | 4.0 | 3.9 | |
|---|---|---|---|---|---|
Overview | |||||
Founded on | 2017 | 2019 | 2018 | 2019 | 2021 |
Founder | Reuven Cohen and Randy Clemems, CEO and COO respectively | Changpeng Zhao | George Cao | Star Xu | Ben Zhou |
Platform Type | IEO Platform (Initial Exchange Offering) | IEO Platform | IEO Platform | IEO Platform | IEO Platform |
Total Funds Raised | $516.3m | $517.26M | $50m+ | $13.4m+ | $6.6m+ |
Total Token Sold | 78 | 15 | 5 | 5 | 35 |
5.0 | 4.5 |
|---|---|
Overview | |
Founded on 2017 | Founded on 2019 |
Founder Reuven Cohen and Randy Clemems, CEO and COO respectively | Founder Changpeng Zhao |
Platform Type IEO Platform (Initial Exchange Offering) | Platform Type IEO Platform |
Total Funds Raised $516.3m | Total Funds Raised $517.26M |
Total Token Sold 78 | Total Token Sold 15 |
Safety Tips for Investors
ICOs can be a good investment, but they come with big risks. Here are some tips on how to reduce those risks:
- Research the Platform: The platform must be well-respected, with a good history behind it.
- Verify Project Details: Go through the project's whitepaper, team, and token details.
- Know KYC Requirements: Never expose personal info to any site that is not secure and trustworthy.
- Avoid Phishing Scams: Be wary of a fake email or website that mimics an actual ICO platform.
- Diversify: Spread your investments; don't put all your money in one project or platform.
- Be Wary of Too-Good-to-Be-True Offers: High profits with no risks may be a sign of possible scams; thus, do not let your greed get the best of you.
Conclusion
The world of ICO platforms is huge and dynamic, each with different features and advantages.
Whether the focus is on careful checking, worldwide access, or new ways to participate, there is a platform that will serve your needs. Investors can navigate the ICO market successfully by always being informed and cautious.