The Holy Grail of cryptocurrency investing is finding the 100x low market cap gem before it even makes it to the market. This requires you to participate in Initial Coin Offerings (ICOs) or token presales. The returns on these investments can be easily 100x or more.
Here are some of the best platforms to participate in promising and legit ICOs without the fear of getting rekt.
1. Binance Launchpad
One of the most well-known platforms for token presales is the Binance Launchpad.
All projects launched on the Binance Launchpad in the past had been quite successful so far. The latest launch on Binance was the Tokocrypto token launch. One $TKO was sold for ten cents and you were able to sell it immediately after the allocation for more than $3!
What you need to have if you want to participate in a token sale on the Binance Launchpad is $BNB, I mean a lot of $BNB. You need your $BNB to subscribe for the sale. After the allocation calculation is completed, Binance will deduct the corresponding amount of $BNB from your account based on your final token allocation. As there are many people participating in these presales, you really need to have a lot of $BNB to get a significant number of the newly issued token in the final allocation.
I have also discovered the CoinList exchange, as a great place to find promising ICOs. Coinlist says about itself that "CoinList is where you get access to the best new tokens before they list on other exchanges".
Right now, you can register for the clover presale which is a foundational layer for cross‑chain compatibility. The Community Sale begins on the 20th of April.
Clover is a DeFi service platform running on the Polkadot blockchain providing an easy-to-use interoperable blockchain infrastructure through its extensive support for Ethereum’s EVM-based applications. It creates a multi-chain framework for DeFi applications. You can find out more about Clover here. This is a presale that I have personally registered for as I am not only a big fan of Polkastarter but I also believe that interoperability is the future of blockchain.
In the past, Coinlist successfully did token sales for Casper, Flow, and Rally.
The next one is Polkastarter, a great platform to find newly issued tokens running on the Polkadot blockchain. If you want to participate in an ICO on Polkastarter, you need to get whitelisted first. Then you will find two pools, one $POLS pool, and one non $POLS pool. $POLS is the native cryptocurrency of Polkastarter and it is definitely beneficial to hold $POLS as your chances for the allocation are much higher. However, you can also join if you don´t hold $POLS.
The next upcoming pools on Polkastarter are EPNS, Genisis Shards, Polkadex, and Cere Network.
4. DuckDAO Incubator
You also should have heard about Duck DAO which is a decentralized incubator that helps promising projects achieve their full potential by leveraging the investment power.
If you like to participate in an ICO on DuckDAO, you need to hold their native token which is called DuckDaoDaim ($DDIM). The more $DDIM tokens you are holding, the more allocation is available. You need to hold 10 $DDIM tokens which are already worth around $1000!
Another thing that you have to do is joining DuckDAO´s Telegram group. Make sure that you join the right group as there are also a lot of scam groups on Telegram. Before you join, make sure to hold $DDIM in your Metamask wallet. The bot in the Telegram group will then detect the amount of $DDIM tokens in your wallet. Then you get redirected to the group that you qualify for and that´s basically it: You are in. Read all the pinned messages and get yourself familiar with the process and ask any questions you might have to get yourself ready for the allocation.
5. DAO Maker
The last platform that I like to recommend to watch out for ICOs is DAO Maker. DAO Maker is an incubator leveraging the power of Social Mining and omnipresent exposure in order to help projects acquire a community. Then DAO Maker uses the project's token to convert the community into value-adding and value-assessing members of a DAO. It´s a new kind of fundraising system called Dynamic Coin Offering (DYCO).
A Dynamic Coin Offering offers its participants the ability to refund any token, no matter if they are still holding it or sold it at a profit.
All of the circulating supply is backed by $USDC for the first 16 months after the DYCO and remains static during this time. If the token value falls below the refund level, all DYCO participants can generate risk-free profits by buying tokens from the market and refunding them. Refunded tokens are automatically burned reducing the circulating supply.
You can find all live and upcoming DYCOs here on the DAO Maker homepage.
My Final Conclusion
These are my favorite places to watch out for the next 100x low market cap gems before they even entered the market.
Please keep in mind that your participation in ICOs frequently requires you to pass the KYC if it's on Binance, Coinlist, or wherever. Check the list of supported jurisdictions. If your jurisdiction is not supported then don´t waste any time and simply move on to the next presale.
I also need to mention that my intention is also not to replace your own research. The thing is that I may look smart on my profile pic but nevertheless, I am not your financial sensei. 🤓 However, my post really reflects my own opinion.
Nothing in my post is sponsored, it really reflects my own opinion and I hope that I could provide you with some interesting and useful information about ICOs and token presales.
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