With the cryptocurrency market continuing to feel the effects of inflation and rising interest rates, it’s likely that many investors will increasingly look to the future. This means smaller altcoins, as well as projects that have just started, and therefore still have plenty of future gains. One way to identify future big players in the cryptocurrency market is to focus on ICOs and token presales, as the best ones can offer a way to buy altcoins early at very low prices. .
Accordingly, this article compiles the best new crypto ICOs to invest in right now. This includes tokens whose ICOs are still ongoing, as well as tokens whose ICOs have just ended.
New Crypto ICOs to Invest in September 22
One of the most exciting new altcoins on the market, TAMA is the metaverse/gaming native token for earning pet-themed Tamadoge. Running on Ethereum, Tamadoge will allow users to create NFT-based pets, breed them, and use them to battle other players.
The pre-sale of TAMA started at the beginning of August and has just ended. Starting with a relatively modest goal of $2 million, he ended up raising $19 million. Such an overshoot is an incredibly encouraging sign for its future growth and development, and with its first CEX listing to be announced tomorrow, the coin could start paying dividends to its early investors soon enough.
Broadly comparable to something like Axie Infinity, Tamadoge’s play-to-win platform will give users the ability to battle their Tamadoge pets and earn rewards for doing so. Additionally, players will also be able to sell their NFT-based Tamadoges on the secondary market, offering real profit potential.
With already more than 68,000 users on Twitter, it is very likely that Tamadoge will attract many players once its gaming metaverse launches. As such, it could become one of the most successful crypto ICOs of the year.
Neptune Mutual (NPM)
Neptune Mutual is a decentralized insurance provider, facilitating parametric hedge pools that provide risk insurance against the cryptocurrency market. This raised $5.3 million in private funding in May this year, after the successful launch of its testnet.
As described in the press release announcing this increase, Neptune Mutual functions as a “marketplace for parametric protection of digital assets against hacks and exploits. Stakeholders can choose to take on one or more roles, for example, a hedge pool creator may also choose to become a liquidity provider.”
He has planned an IDO for his NPM token on Poolz, although there is no fixed date for this token sale at the time of writing. Within the Neptune Mutual ecosystem, NPM functions as a utility token, allowing holders to participate in insurance pools.
Magic Square (SQR)
Magic Square is an upcoming decentralized web3 app store. Running on the Solana blockchain, it combines a Decentralized Autonomous Organization (DAO) with the crypto equivalent of Apple’s App Store.
It will organize a first DEX offer (IDO) on Poolz, from September 26th. Within the Magic Square ecosystem, SQR will primarily function as a governance tokenoffering cardholders the opportunity to participate in community votes and to use certain features of the Magic Square ecosystem (such as accessing and downloading applications).
According Magic Square page on ICO Drops, 15.5% of the maximum supply of SQR, or one billion SQR, will be made available by the next IDO. In the future, it will be possible to stake SQR as well as use it in the Magic Square platform, although this staking functionality is not to be returned until the end of 2023.
Magic Square launched its app store beta in August and currently has over 100,000 Twitter followers. Given this progress, it seems like a promising new platform.
Blood Swords (SWORD)
Powered by the Solana blockchain, Swords of Blood is a blockchain-based RPG game that promises to combine game-to-win features with genuinely playable hack-n-slash game mechanics. This has already accumulated more than 74,000 followers on Twittersince opening an account in February.
Encouragingly, Swords of Blood is set to launch its beta server in the coming days, giving players a chance at what it will really be like to play. This contrasts positively with some upcoming platforms, which released their native tokens without doing the same for their actual products.
Regarding the Swords of Blood ICO, it started on september 1st and raised $3.9 million of a $5 million goal. However, the game developers actually put the sale on hold, time to update its tokenomics and game economy.
This break may disappoint some, but it shows that the developers of Swords of Blood are taking their project very seriously. New ICO details will be released shortly, through the game’s official channels.
Infinity Battle (IBAT)
IBAT successfully closed its pre-sale late last month, raising over $4 million within weeks. Since then, it has received listings on PancakeSwap, LBANK Exchange, and Coin98, testifying to its rapid growth.
In terms of current prices, the IBAT has increased by 3.5% in the last 24 hours, reaching $0.00309640. However, this represents a decline of 13% in a week and 26% in a fortnight, despite the coin being up more than 100% from its pre-sale price of $0.0015.
Based on Binance Smart Chain, IBAT is the native token of Battle Infinity is a sports-themed gaming metaverse. Still under development, it will feature a variety of NFT-based games, including the IBAT Premier League.
The latter will allow players to create their own fantasy sports teams made up of NFTs of real athletes. These teams will then be able to compete against each other, with the winners receiving crypto-based rewards.
Over time, Battle Infinity will also expand to incorporate other crypto and NFT-based games. On top of that, it will also involve a staking feature, which is now set to launch on September 24.
This is in addition to its own DEX and an NFT marketplace, meaning Battle Infinity aims to become a thriving platform.