A combination of factors, such as higher institutional investment in the cryptocurrency market, the NFT (non-fungible token) boom and the popularity of meme coins such as Dogecoin DOGE/USD and SafeMoon SAFEMOON/USD, has led to a massive number of new cryptos entering the market in 2021.
More than 2,655 new crypto assets were added to its database by data aggregator CoinMarketCap this year. Other platforms like CoinGecko and Coinpaprika added 3,064 and 2000 new crypto assets, respectively.
Let’s look at 7 of these upcoming ICO (Initial Coin Offering), IDO (Initial Dex Offering) and IEO (Initial Exchange Offering) that have promising concepts.
Polytrade
IEO: Aug. 16-17, 2021
IDO: Aug. 18, 2021
Polytrade is one of the upcoming platforms in the DeFi space that aims to revolutionize the future of trade finance. The blockchain-based protocol connects buyers, sellers, investors and insurers to provide various benefits such as timely investments, streamlined credit facilities and interest payments.
It will tokenize real-world invoices and bring them on-chain into the DeFi platform.
Escrow Protocol
ICO: Aug. 30 – Oct. 1, 2021
Escrow Protocol is a blockchain-based Web3 Oracle platform that lets investors fund startups with extensive control over their contributions.
Funds are put into escrow accounts and released according to pre-determined completion of project milestones. Moreover, investors receive interest payments through auto-staked yield farming, while their funds are held on the platform.
Creator Platform
IDO: Sept. 8, 2021
Creator Platform is a blockchain-as-a-service that lets businesses build dApps (DeFi, no-code smart contracts, NFT, or any applications), cost-effectively in a cutting-edge technology environment. Through the IDO, the company aims to raise $400,000 in total.
Quarashi Network (QUA)
ICO: Oct. 1 – Dec. 1, 2021 (Pre-sale through Sept. 1, 2021)
Quarashi Network will provide an extensive list of solutions with complete user anonymity and privacy,…
