A closer look at IEO cryptocurrencies
IEOs can be an excellent way for projects to raise capital whilst also adding a significant degree of credibility. This is of major importance to investors, as they’re much more likely to invest in a project with a level of legitimacy.
With that in mind, let’s dive in and discuss the IEO crypto projects of the year:
1. Lucky Block (LBLOCK) – Overall best IEO crypto for 2022
Lucky Block is a crypto-gaming platform that offers daily competitions hosted on the Binance Smart Chain. These competitions are fully-decentralized, significantly boosting their fairness and transparency.
LBLOCK is the native BEP-20 token of the Lucky Block ecosystem and has several important use cases. This token was also purchased by speculative investors earlier in 2022 to gain exposure to Lucky Block’s growth. Ultimately, this proved to be a wise move, as LBLOCK’s price surged by over 3,000% after the token went live on PancakeSwap.
Although the token has been consolidating for the past few weeks, the price could be set for a rebound thanks to the upcoming release of ‘LBLOCK v2’. Rather than using the BEP-20 standard, LBLOCK v2 is an ERC-20 token, which is compatible with the Ethereum blockchain.
Not only does this mean LBLOCK v2 has the potential to be integrated into the vast universe of dApps constructed on Ethereum, but it also provides a clear pathway toward centralized exchange (CEX) listings. Several listings have already been announced, as LBank will offer the token from July 25th onwards, whilst MECX will follow suit on August 1st.
Ultimately, this token will have many exciting benefits since it doesn’t feature…
