Cryptocurrency IDOs (IDOs in this article are the same as presales) allow investors to buy crypto assets at deep discounts, but finding a project worth participating in and striking a balance between high risk and high reward is not always the case. An easy thing. In the following, veDAO Research Institute first leads everyone to analyze how to find the most worth investing in crypto IDO projects.



1. How to find the most worthy IDO encryption project for investment

As the crypto market continues to develop, IDO has more and more new crypto projects every month. From an investment perspective, this means more opportunities. At the same time, how to evaluate new crypto projects and whether the project’s crypto asset IDO is worth participating in is becoming increasingly difficult and important.

1.1. Where to find IDO’s encryption projects?

Investors can look for upcoming and ongoing IDO crypto projects from various crypto information platforms, including the following platforms:

  • Crypto data aggregators: such as Coinmarketcap and CoinGecko;

  • Specialized crypto project token IDO websites: such as veDAO, CoinSniper, Pinksale, ICO Drops, etc.;

  • Social media websites: such as Twitter and Facebook;

  • Online forums: such as Telegram, discord, Reddit, Quora, etc.

1.2. Read the white paper

By monitoring the above-mentioned encryption information platforms in real time, you can basically fully grasp the IDO information of the latest encryption tokens. IDO's encryption projects are generally start-up encryption projects, and start-up projects generally do not have quantifiable historical data. Researching start-up projects and distinguishing which ones are potentially worthy of investment and which ones are crypto scams is a crucial part of the entire investment decision-making process.

Researching a project generally starts by reading the project's white paper, which reveals information such as the project's goals, strategy, and future plans. Then you need to review the project's roadmap and understand the project team's implementation of the roadmap. If a crypto project doesn’t have a white paper or roadmap, that’s a red flag. Of course, this does not mean that every project with a white paper is a good project. Through the project's white paper, you need to understand the business logic of the project, whether the project has real value, and its innovations.

1.3. View the development team

The team behind a crypto project is one of the important factors that determines its longevity. Good crypto projects have experienced team members who know their respective industries inside and out. For example, excellent x-to earn project team members are familiar with blockchain technology and GameFi concepts. Meme tokens are usually anonymous to the team, and investors need to look at other aspects of the project to ensure its reliability - such as smart contract audits, token economics, etc.

1.4. Analyze token economics

When looking for the best IDO crypto projects, you should also pay attention to the project’s token economics. While many crypto project IDOs start with a multi-billion token cap, most projects burn tokens after project launch. This “deflationary” system could reduce supply, thereby driving up the value of the token—at least in theory. In summary, it is important for investors to understand as much as possible about the token economic model of a new crypto project before taking the plunge.

1.5. Follow the project social media

Today’s cryptosphere, social media platforms, and online forums have the power to make or destroy a crypto token. Dogecoin is a good example, with Elon Musk’s tweets and discussions on subreddits sending the coin’s price skyrocketing. Therefore, understanding the operation of the project's social media can help investors discover the next potential crypto project token. But investors shouldn’t just look at a project’s social media, they must also conduct more background research to understand the feasibility of the project, as social media follower counts can easily be manipulated and engagement on posts needs to be tracked.

1.6. Pay attention to encryption trend hotspots

Crypto investment practice shows that it is crucial to keep up with the latest trends and hot spots in the crypto market, as this can bring huge market returns. Like any other asset class, crypto assets also have trend cycles and hot spots. In the early days, first was the overall potential of blockchain technology, then DeFi products, then layer 2s, gamefi, and then metaverse and NFT-related projects. Since 2023, AI has been dominating the market hot spots, and tokens related to artificial intelligence have been one of the tokens with the largest increase. The most popular recently are BRC-20 related theme tokens. The crypto asset IDO project related to current market hot spots is relatively worthy of attention.

2. Take stock of the best encryption projects currently under IDO

Above, veDAO Research Institute briefly introduces the process of screening encrypted IDO projects. Next, based on the current trends and the recent situation of IDO encryption projects, we list some popular IDO encryption projects that are worth investing in.

2.1、AIdog



The AiDoge encryption project is a new blockchain project that combines the strengths of two recent popular crypto assets, one is the meme currency Meme, and the other is artificial intelligence. AiDoge allows users to access an artificial intelligence-driven meme generation system and be rewarded for the best memes. This requires users to convert their $AI tokens into credits on AiDoge, enter a text prompt, and then go through an AI-powered meme generator that processes the text input and creates a new meme. These memes will be shared on a public wall—where community members can view each other's work. AiDoge also has a voting mechanism where people can vote on memes and the winner will be rewarded with $AI tokens.

$AI can also be staked, and stakers can be rewarded with points and APY earnings proportional to the amount staked. Other staking benefits include access to new meme templates, special contests, and platform enhancements. AiDoge uses a multi-layered protection system to ensure the security of staking tokens and uses audited staking contracts.

$AI’s IDO will distribute 500 billion tokens through 20 rounds, with the allocated amount being 50% of the total token supply. 25 billion tokens will be distributed in each round, and the price of the token IDO will increase in each stage - by the final round, the price per $AI will reach $0.0000336, which is currently the last round. IDO aims to raise US$14.9 million before listing on the exchange in the third quarter of 2023. It has currently raised nearly US$9 million. There is no lock-up period for IDO tokens.

The AiDoge developers are anonymous, which should generally be seen as a red flag, but is quite common among meme projects, with developers such as Dogecoin, Shiba Inu, and Pepe being anonymous. The $AI token smart contract passed Certik's audit, and the tokens obtained by the project team have a 10-year lock-up period, highlighting the long-term confidence of AiDoge developers in the project. For more detailed information about the AiDoge project and the IDO website address, please refer to the link below:

More information about the project: https://app.vedao.com/projects/b011d8911ecc52413a2d8811a19db52530bf23c102b1a578fe8d88f905f2eebd



2.2、Ecoterra



The best choice for investors with ESG preferences, the Ecoterra crypto project is a blockchain-based green ecosystem powered by crypto token incentives. Here are the four major features of the Ecoterra ecosystem:



Because the Recycle2Earn app is supported in all countries using Reverse Vending Machines (RVMs), it can tap into a large international market. The project is of global significance as people become increasingly concerned about the environment. As the native cryptographic token of the Ecoterra ecosystem, in addition to being used for payment and rewards, ecoterra also has more usage scenarios and benefits.

For example, holding ecoterra tokens allows users to participate in activities such as beach cleanups or tree planting, as well as access courses on ecoterra’s online platform, and support green energy projects. Staking ecoterra can result in higher APY returns.

Ecoterra has a clear and ambitious roadmap, and the ongoing IDO provides good entry opportunities. Ecoterra is currently in the 6th stage of IDO, and the token price is only $0.0085. After 9 rounds of IDO, the price will reach $0.01, and the project has raised more than $3.9 million in the past month. For more detailed information about the Ecoterra project and the IDO website address, please refer to the link below:

More information on the project: https://app.vedao.com/projects/65c78b7d311397a34b96c9068053e92e7c12e48df10eb7c6a137d651e219cfcb



2.3、yPredict



Predicting price movements in the crypto market is difficult, even with years of experience in macro, crypto fundamentals, and technical analysis. Artificial intelligence (AI) technology has made significant progress in recent months and should have important applications in predicting prices. AI models can analyze large amounts of data related to price predictions and discover trends that are imperceptible to the human eye. Excellent models can provide traders with valuable market advantages. yPredict’s platform gives market participants a trading edge through advanced predictive models and data insights built by top AI developers and quantitative analysts. By purchasing a subscription using the native token YPRED, users can access AI models developed by AI developers, financial analysts and crypto experts on the yPredict platform. yPredict will also provide technical analysis of various crypto assets and use more than 25 chart patterns for users to choose from.

YPRED tokens can also be used to participate in the platform’s Learn 2 Earn feature, which allows users to access educational content, take tests and exams, and earn tokens. yPredict also has a “Play and Earn” feature where one can predict token price activity. Participants with the best performance can win token rewards. By staking tokens, you can earn a portion of yPredict AI’s revenue, and 10% of the revenue will be distributed to stakers every time there is a new subscription.

The supply of YPRED tokens is 100 million, of which 80 million are allocated to IDO. Currently in the fourth phase of an eight-round IDO, YPRED’s current price is $0.07 per token. By the final round, the price will increase by 70% to $0.12 per token. After the IDO ends, yPredict plans to list the token on cryptocurrency exchanges. Since then, more than $1 million has been raised for the project. For more detailed information about the yPredict project and the IDO website address, please refer to the link below:

More information about the project: https://app.vedao.com/projects/1fa2e8115de28a7fef91b6cb0a4219062ce71dca3fad0493941a95b55629a84d



2.4、DeeLance



DeeLance is a decentralized freelance crypto platform that connects recruiters with professional workers in the Metaverse. Through DeeLance’s metaverse, freelancers and recruiters can connect through online lobbies and offices. Users can leverage DLANCE tokens to purchase office space in the Metaverse, advertise their services, and purchase goods from the marketplace. DeeLance will also launch a recruitment platform that will tap top talents, expand and integrate the talent pool, create long-term career paths for talents, and allow the best professionals to find the most suitable positions.

DeeLance also provides educational resources and offers ambassador and affiliate programs.

DLANCE is DeeLance’s native token. DLANCE tokens can be used to trade NFTs on the market.

DeeLance will use smart contracts to ensure freelancers receive their income securely and at set times. DeeLance will charge a 2% client fee, which is lower than top freelance platforms like UpWork.

DeeLance has set an IDO goal of $6.8 million. The current IDO price of DLANCE is US$0.033. As the IDO proceeds, the price of DLANCE will jump to US$0.048 in the course of six rounds. To date, IDO has raised more than $850,000. The project later plans to launch DLANCE on cryptocurrency exchanges in the second quarter of 2023. For more detailed information about the DeeLance project and the IDO website, please refer to the link below:

More information about the project: https://app.vedao.com/projects/13da2ad8920e7c35e0b055d7dbcf426915d03dad9427d493aea3a67b2d572725



2.5、Launchpad XYZ



launchpad

Launchpad XYZ not only provides users with the tools they need to trade and invest in the cryptocurrency world, but the platform also features an education section to help newbies get started. At the same time, the project also has a newsletter called Trading Edge, which aims to provide users with alpha strategies from experienced traders and investors. Users can subscribe by registering. The Alpha strategy section will help users improve their ability to generate profits from Web3. ability.

Launchpad XYZ also provides users with the opportunity to enter the Metaverse and earn while playing through its Metaverse Library and Web3 Game Center. The LPX token is the economic backbone of the Launchpad XYZ ecosystem. Staking at least 10,000 LPX tokens can obtain many benefits: including fee discounts, partner discounts, access to NFT minting whitelist, participation in IDO, and community reputation badges, etc.

The IDO of Launchpad XYZ's token LPX is in the second stage and has currently exceeded US$490,000 and reached US$1.55 million. When it enters the third stage, the price of LPX will also rise from US$0.035 to US$0.0445. Only 25 million tokens will be allocated in each phase, which means that once they are snapped up, the token price will increase. Over the next nine IDO phases, the price of LPX will gradually increase to $0.0565, which is also the price at which the token will be listed in the third quarter of 2023. Major cryptocurrency news and analysis websites such as Cryptonews.com, Business 2 Community, and Techopedia have listed Launchpad XYZ as one of their top cryptocurrency IDO projects of the year. For more detailed information about the Launchpad XYZ project and the IDO website address, please refer to the link below:

More information about the project: https://app.vedao.com/projects/c7e3205485e17e877e3707fb56044d8120beff295d751081580def2ecbff65ca



2.6、Chimpzee

The Chimpzee project provides novel solutions to environmental and social problems, and the project is dedicated to saving the earth and its animals. Chimpzee allows users to earn passive income while contributing to environmental causes. It offers a variety of features to support the cause, including "Play to Earn," "Shop to Earn," and "Trade to Earn" features in the form of a Chimpzee store, an NFT marketplace, and a Zero Tolerance game.

Chimpzee has a Chimpzee NFT Pass, holding it gives users the opportunity to earn the most passive income and also increases the CHMPZ tokens earned on interactions with various elements of the ecosystem.

Chimpzee also offers a custom Chimpzee AI Avatar mobile app that allows users to build a personalized AI-developed chimpanzee avatar. Personalized Chimpzee NFT passes require the consumption of NFT diamond passes, and NFT diamond passes need to be purchased through project tokens.

The project token CHMPZ will conduct 4 rounds of IDO with a total of 40 billion CHMPZ. Currently still in the first phase, 1 CHMPZ costs $0.0005, and by the final phase they will cost $0.0011 — a 120% increase, with nearly $170,000 raised so far.

Users who participate in the first round of IDO can also purchase diamond NFT passes at a discounted price. Only participants in the first round can purchase this pass, and it will not be available in subsequent rounds. Diamond NFT can be pledged, and staking can earn 20% APY. IDOs in subsequent rounds can buy corresponding NFTs in subsequent rounds, but the staking yield will gradually decrease.

For more detailed information about the Chimpzee project and the IDO website address, please refer to the link below:

More information on the project: https://app.vedao.com/projects/e3bba65f0136456f1cb24727a2e7914ee9a554622cc8949ecc6c8120d0175965



2.7、MindAI



MindAI’s main product is TMCX, a new cryptocurrency exchange launched by MindAI in the second quarter of 2023. MindAI plans to combine artificial intelligence technologies such as deep learning, computer vision, and NLP (natural language processing) to make crypto transactions more secure and reliable. AI technology will provide detailed insights into transaction details, perform advanced image generation, detect fraud and monitor crypto transactions in real-time. The exchange will offer leveraged and spot trading, including trading pairs for BTC, ETH, TMC and other tokens. MindAI will charge a flat fee of 0.25% per transaction. The platform will comply with all regulatory requirements and apply for a license in Italy immediately upon the conclusion of the IDO.

The cryptocurrency exchange will utilize TMC (The MindAI’s project token) to complete payments, and the token can also be used to purchase AI models as well as discounts on transaction fees. TMC's IDO will include eight rounds, with a total supply of 300 million, 50% of which will be IDOed. 15 million tokens have been reserved for exchange listing in Q2 2023. Currently, TMC is priced at $0.2 per token and is in its final round. For more detailed information about the MindAI project and the IDO website address, please refer to the link below:

More information about the project: https://app.vedao.com/projects/6b9ca51687e93778aebcff45016cdd0d1d7aa4b84b39b6972eceadba40f37874



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