Cryptocurrency has brought not only a secure means of transacting business online but also a way of making a huge return on investment. Crypto investment is no doubt one of the investments that yield unbelievable profits within a short time.
Several Initial Coin Offers (ICOs) have made various investors richer than they ever thought was possible. In this post, we shall take a look at some of those ICOs that brought the highest profits to investors.
NXT – 12,857,042 percent ROI
NXT conducted its ICO on September 28, 2013, where it was sold at $0.0000168 per token. The ICO raked in $16,800 worth of bitcoin, needed to develop its new open-source blockchain platform that makes use of proof-of-stake consensus mechanism for its traditional cryptocurrency known as NXT. Its primary aim was to improve some bitcoin features.
NXT rose to its All-Time high of $2.16 on December 23, 2017, thereby raking in 12,857,042% return on investment for its investors. This is arguably the most profitable ICO ever launched.
Spectrecoin – 673,900 percent ROI
Spectrecoin adds Blockchain together with a tokenized signature scheme to achieve a network that values anonymity and privacy above every other thing. It uses the Tor network to raise the privacy level of its network.
Spectrecoin conducted its ICO from November 18, 2016, to January 6, 2017. The team raised the sum of $15,500 through the sale of 19 million tokens, at the price of $0.001 per token.
The coin got to an all-time high of $6.74 on January 2, 2018, garnering 673,900% ROI. This makes Spectrecoin one of the best performing coins in terms of return on investment.
NEO (Formerly Antshares) – 615,056 percent ROI
NEO makes use of smart contract applications, but equally, include digitized assets and decentralized commerce.
The Chinese developers designed this Blockchain to represent legal proof-of-ownership and to be accepted not only in the cryptocurrency community but by the larger society. NEO is popularly called the Chinese Ethereum because of its Chinese background.
Its ICO was done in October 2015, where they raised $556,500 through the sale of 17.5 million tokens. At the time, each token was sold for $0.032. Nevertheless, NEO experienced its All-Time High price of $196.85 on January 15, 2018, to generate ROI of 615,056%.
IOTA – 568,900 percent ROI
This project’s name is a synecdoche that was derived from the term IoT, otherwise known as the “Internet of Things”. IOTA held its ICO at the end of 2015. It was conceived to represent a future where different ‘things’ like automatic service providers, cars, fridge, etc. could communicate with each other.
IOTA is run on a system known as Tangle, thereby making it the only primary cryptocurrency that does not make use of a full Blockchain in performing transactions.
During its ICO, a token was sold at $0.001, raising a total of over $400,000. However, the value of the coin went as high as $5.69 on December 19, 2017, raking in 568,900% ROI.
Ethereum – 460,633 percent ROI
Ethereum has become relatively widespread, being the second most capitalized cryptocurrency. Vitalik Buterin developed the platform. It was designed as an open-source distributed ledger platform. Their aim was to help users make use of smart contracts as well as create and run decentralized applications (dapps).
Ethereum sold 50 million tokens to raise the sum of $15.5 during its ICO in 2014. A token then was sold at $0.311. The later went as high as $1,432.88 on January 13, 2018, thereby earning a whopping 460,633% ROI.
Stratis – 323,614 percent ROI
Stratis provides end-to-end solutions to enable businesses to test and deploy Blockchain applications. The project makes use of the slogan, “We make Blockchain easy for you”.
Microsoft added Stratis’ Blockchain-as-a-service (BaaS) to its Azure cloud service to enable businesses to create in-house Blockchain solutions.
Stratis raised the sum of $600,000 worth of cryptocurrency during its ICO in June 2016. The company sold each token for $0.007. Stratis rose to $22.66 on January 8, 2018, representing 323,614% ROI.
Ark – 99,800 percent ROI
Ark’s goal is to create an entire ecosystem of linked Blockchains; basically bringing them together into one massive “spiderweb of use-cases”. They aim to help join other cryptocurrencies into Blockchain.
Ark held its ICO in November to December 2016 and generated $950,000. It sold its token at just $0.01. Later, Ark’s coin value went up to $9.99 on January 9, 2018, to rake in 99,800% ROI for investors who participated in the ICO.
Lisk – 51,623 percent ROI
Lisk is the first modular Blockchain platform in the world. It has a mainchain that hosts the LSK currency and acts as the center of all sidechains. Lisk offers a platform that gives developers the liberty to build their applications, house them on their customized sidechains as well as launch ICOs.
The company held its ICO in February and March 2016, where they raised $5.7 million. Lisk sold its token at $0.076 at the time. However, its value rose to $39.31 on January 7, 2018, thereby earning 51,623% ROI for investors.
Storj – 34,677 percent ROI
Storj is a decentralized next-generation cloud storage solution that offers payment to users who are willing to allow other users on the network to hire their hard drive space. It has moved from the Bitcoin network to the Ethereum network to make its solution better, though initially built as a DApp.
Storj launched its ICO in 2014, selling a token for $0.009. This eventually climaxed at $3.13 on January 9, 2018, to earn investors 34,677% ROI.
QTUM – 33,190 percent ROI
QTUM connects Ethereum’s smart contracts with Bitcoin Core’s stable Blockchain, deploying a proof-of-stake algorithm for verification. The purpose of the project is to swell the range of applications that make use of smart contracts, particularly for their businesses.
QTUM did its ICO in March 2017, generating $15.6 million in 117 hours. It sold its token for $0.3, but the token rose to $99.87 on January 7, 2018, to rake in 33,190% ROI for investors.