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Top 10 Biggest ICOs (by Return on Investment) Ever Launched

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Biggest ICOs

In the rough waves of cryptocurrency investing, the greatest hype, disappointment, and opportunities can be found in the ICO market. Popularised by Ethereum in 2014, after the blockchain network raised more than $15 million from a crowdsale, ICOs have become synonymous with high risk/high return investments.

If you are keen on following cryptocurrency trends, you probably already know everything there is about ICOs. You know that you need to research a lot, learn about the ICO team and ask yourself several important questions before investing in an ICO.

If you know little about the industry, you run the risk of investing in an ICO doomed to fail. 46% of ICOs have reportedly failed in 2017, and a lot more of them don’t generate a return on investment for their investors. On the flipside, there are ICOs that have generated several thousand percent in returns for their token holders. 

In this article, you will discover the ten most successful ICOs (measured by return on investment) that have taken place to date.

Nxt (600,000%)

ICO Price: $0.000017

All-Time High Price: $1.7

Current ROI: 600,000%

Ranked number 102 on Coinmarketcap, Nxt is a platform that was developed in 2013 to offer financial services over the blockchain. Over time, the network hosted an ICO and developed a decentralized apps’ development platform.

Nxt consists of a cryptocurrency, a decentralized exchange, a voting mechanism, and a messaging application.

While its ICO only raised $16,800, those who invested have seen their funds produce returns of more than 50,000 percent annually since 2013.

IOTA (225,000%)

ICO Price: $0.63

All-Time High Price: $5.23

Current ROI: 225,000%

IOTA has positioned itself as the cryptocurrency network for the Internet of Things. IOTA aims to improve your relationship with Internet-connected devices and gadgets like your refrigerator, CCTV cameras, your car, and TV by conveying communications and transactions through a distributed network.

Thanks to the growth of the IoT industry, IOTA attracted a lot of attention with its fast and secure zero-fee payments. Investors who participated in the 2015 ICO, enjoyed an ROI of more than 100 percent in just a few months before the IOTA price exploded to its current prices. 

Ethereum (150,000%)

ICO Price: $0.311

All-Time High Price: $1,420

Current ROI: 150,000%

Ethereum is the largest blockchain platform for building decentralized applications. Four years ago, the platform was just an idea being promoted in the form of a crowdsale. Investors who contributed to the ICO helped the network raise $15 million and in return, their investment has generated an ROI of more than 160,000 percent. 

Apart from decentralised apps, Ethereum also pioneered the idea of using smart contracts to facilitate secure and trustless transactions. With the combination of smart contracts and its decentralised apps platforms, Ethereum helped popularise ICOs and increase their adoption amongst altcoin investors.

NEO (100,000%)

ICO Price: $0.032

All-Time High Price: $180

Current ROI: 100,000%

Dubbed the Chinese Ethereum, NEO is the most successful cryptocurrency network based in China. It was launched in the same year as Ethereum but grew in popularity after gaining the support of the Chinese government and Microsoft.

Like Ethereum, NEO is a blockchain platform for building decentralised applications that are enabled by smart contracts and digital tokens. 

Spectrecoin (51,000%)

ICO Price: 0.001

All-Time High Price: $5.51

Current ROI: 51,000%

Spectrecoin ranks amongst the top 10 best ICOs of all time thanks to its privacy features and staking service that allows investors to earn up to five percent in passive income annually. As a privacy coin, Spectrecoin enables users to transact anonymously at transaction speeds of just 30 seconds with very low fees.

Spectrecoin combines ring signatures with Tor integration to shield users’ transactional details. In countries where Tor is banned, the network uses a unique OBFS4 bridge support. 

However, it should be noted that Spectrecoin’s market capitalisation is extremely low compared to the other tokens listed in this article. At a total market capitalisation of only $6.5 million, the success of Spectrecoin (XSPEC) must be taken with a grain of salt and it should not be mentioned in the same breath as the leading anonymous cryptocurrency projects such as ZCash, Monero, and PIVX. Furthermore, some bitcoin community members believe that XSPEC is a scam.

Stratis (40,000%)

ICO Price: $0.007

All-Time High Price: $21

Current ROI: 40,000%

Another Ethereum competitor, Stratis, differentiates itself by providing developers a toolkit that supports common programming languages such as C# and .NET framework. Ethereum, by contrast, supports a rare language known as Solidity.

Stratis’ ICO was a huge success from day one and within six months, Stratis ICO investors were counting an ROI of over 1000 percent.

Ark (12,000%)

ICO Price: $0.01

All-Time High Price: $10

Current ROI: 12,000%

Ark is a cryptocurrency network designed for efficiency. It was developed to integrate easily with other blockchain projects. Ark’s team consists of a wide pool of developers sourced from eleven countries around the world.

While the Ark price has lowered from an all-time of nearly $11 to the current $1.5, Ark held one of the most successful ICOs of all time. It’s also a popular project in general and ranks number 70 on Coinmarketcap.

Lisk (7,000%)

ICO Price: $0.076

All-Time High Price: $39

Current ROI: 7,000%

Like Ethereum and NEO, Lisk is a platform for developing decentralised apps that are backed by smart contracts. The project differentiates itself from competitors by supporting DApps that are coded using JavaScript and run on side chains for speed, security, and fast scalability.

While selling their then unknown Lisk token for $0.076 in early 2016, Lisk raised 14,000 BTC. By April the same year, Lisk was already available on the best cryptocurrency exchanges, trading at $1.33, 10,000 percent higher than its ICO price. Investors who held onto their Lisk tokens went on to earn an ROI of 190,000 percent.

Storj (7,000%)

ICO Price: $0.009

All-Time High Price: $2.43

Current ROI: 7,000%

Storj is a blockchain-based data storage network. It was developed in 2013 and held an ICO in mid-2014. The network is open-source and run by the community invested in the Storj token.

Storj has plans to launch a cloud-based decentralised storage network later in 2018.

Augur (5,000%)

ICO Price: $0.63

All-Time High Price: $110

Current ROI: 5,000%

Augur is a prediction marketplace for any event, sports activity or anything bound to happen in the future. The network is based on the blockchain and predictions are enabled by smart contracts. Payments are automated and anyone is allowed to open an event for prediction.

From politics to sports, futures to ceremonies, anyone can choose an event, buy shares to align to a certain prediction or sell shares to short the prediction and earn after the event occurs and the community ascertains that your predictions were correct.

Not All ICOs Outperform, Always “DYOR”

altcoin rally overWhile not every ICO will produce a return on investment of more than 50 percent, some of the most successful ICOs of all time have recorded ROIs of above 50,000 percent. At the same time, many ICOs fail and its token generate no returns, Hence, always do your own research (“DYOR”) to ensure the viability of the investment. 

Start by researching about each project and only invest if you are confident about the project’s potential success. Keep in mind that ICOs are highly risky investments and only invest an amount you would be willing to lose. 

This article was contributed by Ben Mash. Ben is a cryptocurrency journalist with a penchant for the blockchain technology since 2014. He occasionally reviews altcoins and ICOs, offer investment guides and guest posts on leading websites in the industry. 

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How to Cash Out Bitcoin to Naira Using Cryptofully

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Bitcoin to Naira

Over the past few months, Nigeria’s central bank has made it difficult for traders to cash out bitcoin to naira, restricting crypto companies from having a Nigerian bank account. But there is now a cheap and efficient way to cash out your bitcoin to naira.

In this guide, you will learn how to convert your BTC to NGN and receive the money in your bank account within minutes using Cryptofully.

Getting Started on Cryptofully 

Cryptofully is a peer-to-peer payments app that allows you to easily convert bitcoin to naira and automatically settles into your Naira bank account.

Using Cryptofully, you can cash out your bitcoin from anywhere in the world into any Nigerian bank account. The platform also supports US dollars and payment options, including Visa, Mastercard, Google Pay, and Apple Pay.

Cryptofully leverages a local network of peer-to-peer (P2P) traders, enabling it to convert BTC to NGN within minutes. With this P2P system, you are not looking for a peer to buy your bitcoin. Cryptofully automatically matches your trade to the best peer and makes it seamless for the user.  

All that’s needed to cash out bitcoin to naira using Cryptofully is to sign up, complete the KYC, add a bank account and convert your bitcoin to cash.

How to Cash Out Bitcoin to Nigerian Naira

You can cash out your bitcoin to your Nigerian bank account using either the Cryptofully website or mobile app. 

Download the Cryptofully App

mobile app

Step 1: Create an account

  1. Get the app on iOS or Android.
  2. Open the app and register with your email address and verify the email address.
  3. Start the KYC process. Visit Profile, click to Add bank, and add your BVN. You can also add your bank account in this section.

Step 2: Cash Out Your Bitcoin to Naira

  1. Type in the amount you want to cash out.
  2. Then choose to send via bitcoin.
  3. On the following page, you can add your bank account details in the recipient field.
  4. On the last page, you can see a Bitcoin wallet address. Send your bitcoin to that wallet address and within a few minutes, the equivalent amount in naira will settle in your bank account. 
  5. Cryptofully matches you to a peer instantly who sends the money to your naira bank account.

Visit the Cryptofully Website

Cryptofully Platform

You don’t need to sign up or log in with any details on the website to start using it

  1. Go to the Cryptofully website at www.cryptofully.com.
  2. Specify the amount of bitcoin you want to cash out to naira. You can use either the Floating Rate or Fixed Rate. The Floating Rate means the exchange rate can change based on changes in bitcoin prices, and the Fixed Rate means you can lock in an exchange rate for your transaction.
  3. The naira amount equivalent you will get in your bank account will appear below.
  4. On the following page, you will see a space to fill in the preferred bank account you want to receive your money.
  5. Then, you will be shown a Bitcoin wallet address. 
  6. Copy the wallet address and do a transfer to the address. The Cryptofully system matches you immediately to a peer.
  7. The peer sends the money and the money settles in your naira bank account.

Since the Central Bank of Nigeria enacted draconian measures against crypto companies, preventing them from having banking relationships, the peer-to-peer bitcoin trade has flourished in the West African country.

Peer-to-peer payment apps, like Cryptofully, are enabling Nigerians to continue using bitcoin for remittances, payments, and as an investment.

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How to Trade Cryptocurrency on Sikix.io

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Sikix Dashboard

Sikix is a decentralized exchange that allows users to have full control over their funds while trading digital assets. In this guide, you will learn how to trade cryptocurrency on Sikix.

Opening an Account on Sikix

To start trading on Sikix, you have to create an account.

Here are the steps you will take:

  • Visit the Sikix website
  • Click “Register Account”

Sikix

  • Enter an account name and password
  • Hit “Confirm”
  • Save the seed file to your computer and click “I’ve Backed It Up.” You should store your seed phrase safely because the platform cannot restore it for you.
  • Click the settings icon to verify your email address and phone number

Sikix.io

  • Next, go to “Balance” to deposit crypto or fiat into your account. For instance, if you want to deposit BTC, go to bitcoin on the list, click “Deposit” and copy the address provided. Transfer bitcoin to the address and click “Confirm.” Note that the minimum amount of BTC that you can deposit is 0.01.

Sikix Dashboard

  • Once the bitcoin hits your account, you should see the total balance and the USD equivalent displayed on the balance page.

On Sikix, the most common base currencies are USDT and the Nigerian naira (NGN). You can deposit both of them before you start trading. But that does not prevent you from depositing any of the other supported cryptocurrencies.

Depositing Local Currency to Your Account

To deposit naira, follow these instructions:

  • Go to “Balance”
  • Search for NGN on the list and click “Deposit”
  • Enter the amount you want to deposit. The platform will display the fees and the amount you will deposit.

Sikix Exchange

  • The platform will redirect you to a new page where you will enter your card details. Alternatively, you can use any of the other payment methods listed.

Sikix Trading

  • Once the transaction is complete, you should see your newly deposited funds on the balance page.

How to Trade Cryptocurrency on Sikix

Assuming that you deposited USDT in your account, here is how you can trade on Sikix:

  • Go to “Trade”
  • On the left-hand side of the screen, select a trading pair from the drop-down menu. For instance, you can choose the ETH/USDT trading pair. That means that you can buy ether with USDT. Note that the graph shows how the price of ETH is changing against USDT. You can view this change over different periods.

SIKIX DEX

  • On the right-hand side of the screen, select the green box. This box represents the bidding price, which is the maximum amount that you are willing to pay for ETH. The red box represents the asking price, the minimum price that a seller is willing to accept. You can choose to trade at these levels.
  • Alternatively, you can make your purchase through a limit or market order. The limit order allows you to buy ETH at a fixed price. Conversely, a market order enables you to buy ETH at the best market price.
  • Once you have entered the amounts, click “Buy ETH” to open your order. If you placed a market order, your purchase will take place immediately. However, you will have to wait to get a match if you placed a limit order.
  • When your order goes through, an ETH balance should reflect in your account.

Presently, the exchange supports BTC, USDT, ETH, BCH, XLM, XRP, NGN, and CMT with a plan to add more digital currencies in the future.

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The Complete Beginner’s Guide to TerraCredit (CREDIT)

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TerraCredit

Ever come across TerraCredit or TerraBit and wondered what they are? In this guide, we explore the TerraCredit ecosystem and provide an in-depth beginner’s guide to one of the fastest-growing crypto projects in Africa.

What is TerraCredit (CREDIT)?

CREDITTerraCredit (CREDIT) is a decentralised cryptocurrency at the heart of a digital payment ecosystem. The developers behind the cryptocurrency built CREDIT as a “viable replacement to cash and a rewarding option” – especially for users in developing markets.

CREDIT is the native currency of the TerraBit platform, a payment platform tailored towards the unbanked.

At the time of writing, the cryptocurrency is in the top 1,000 coins by market cap on CoinGecko. At the time of writing, CREDIT was trading at $0.00614 per coin.

Highlights About CREDIT

  • Name: TerraCredit
  • Ticker/Symbol: CREDIT
  • Max supply: 86,000,000
  • Blockchain: Native
  • Consensus mechanism: Proof of Stake (POS)
  • Established: 2017**

The cryptocurrency is built on a native Proof-of-Stake blockchain, requiring less from network validators, allowing more people to participate in the network. Currently, the Terracredit blockchain has over 12,000 individual network validators. The decentralised nature of validators makes it difficult to perform a 51 % attack on the blockchain.

What’s more, transaction fees on the Terra blockchain are very low. In contrast, most of the top cryptocurrencies have become very expensive to use due to fees. TerraCredit allows you to transact with fees as low as $0.00000003.

Moreover, CREDIT transactions are fast. They confirm in seconds Quicker transactions are made possible because of the low fees and the availability of several validators.

TerraCredit can be stored on native or third-party wallets. The native CREDIT wallet is available on desktops running Windows, Linux, and Mac OS. You can also download the mobile application for Android. Conversely, if you prefer third-party applications, there are many options like MyCointainer to choose from. 

What is TerraBit?

TerraBitTerraBit is a global payments platform that allows you to store cryptocurrencies and exchange them for fiat on a single app. It is also the native wallet of TerraCredit.

TerraBit supports CREDIT and bitcoin (BTC). It also supports fiat currencies like the naira (NGN), rand (ZAR), and peso (COP). You can deposit these currencies directly on the app to purchase cryptocurrencies.

Besides buying crypto, you can also sell crypto in the app and withdraw it to your bank account. This feature has made it very popular in developing markets like Nigeria, Colombia, and Kenya.

TerraBit also has a merchants interface that makes it possible for you to accept crypto payments. If you are a business owner, you can accept crypto payments in person via the app. It is extra easy doing the same online by just sending your crypto address.

Finally, the app comes with extra features, such as web staking.

Highlights of TerraBit

  • Trade cryptocurrencies on-the-go
  • Support for fiat currencies: NGN, ZAR, COP
  • Merchant interface to accept crypto payments
  • QR payments

Future features coming to TerraBit includes more fiat options for markets like Ghana. Virtual credit cards are also on the roadmap. These cards will make it possible for you to spend your crypto wherever bank cards are accepted.

TeraCredit Features

TerraCredit has several features that have seen an upgrade after the latest hard fork. As mentioned earlier, TerraCredit deploys the most modern blockchain technology. This makes it decentralised, fast, private, and easy to use. Here is a deeper look at the leading features of TerraCredit:

Proof of Stake: TerraCredit runs on a Proof of Stake (POS) consensus algorithm. Compared to other consensus algorithms like Proof of Work, POS is more lightweight and easier to participate in. Easy participation allows more individuals to play a role in confirming transactions. Without a broader pool of validators on a network, it becomes centralised.

The few validators get to control the affairs of the project. Also, bad actors can take advantage of this to attack the blockchain. You can participate in securing the TerraCredit network via staking or masternodes. Securing the network also rewards you through the creation of new coins. 

Decentralised Autonomous Organisation (DAO): The latest TerraCredit hard fork brought a new governance model. Masternodes operate the TerraCredit DAO. Aside from helping secure the network, masternodes contribute to the governance of the project. The DAO gets funds directly from the blockchain, which are allocated to approved proposals. Anyone can submit a proposal that masternodes vote on. Each masternode has one vote. Having a DAO with funds directly from the blockchain ensures the development and marketing of the project.

Swiftx: TerraCredit (CREDIT) enables swift transactions using the masternode infrastructure. Swiftx ensures “near-instantaneous” transactions. This feature aims to put TerraCredit in the same league as major payment processors like Visa and MasterCard. 

Coin mixing: Mixing makes transactions private. Instead of sending transactions directly from your wallet to another, coin mixing takes the coins through several transactions (mixing) before the final destination. This feature gives CREDIT privacy utility.

Ways to Earn CREDIT in 2020

TerraBit

There are two main ways to earn CREDIT in 2020. Both methods allow you to earn passive income since they require only a simple set up at the initial stages.

Web Staking

You can stake CREDIT via the native wallet. All you have to do is load your wallet with CREDIT and turn on staking to get started. It is simpler than mining and lowers the barrier of entry. You can stake 0.000000001 CREDIT and above. Rewards are paid daily into your wallet after you begin web staking.

Masternodes

Masternodes, on the other hand, come with more requirements. You need to hold at least 50,000 CREDIT as collateral for your masternode. After, you have to set up a node with the wallet. You can do this using a hosting service or do it yourself using basic hardware like Raspberry Pi.

Masternode owners receive rewards every block for securing the network and participating in the governance process. 

The Bottom Line

TerraCredit continues to grow beyond the TerraBit platform. CREDIT has been added to several exchanges, payment processors, and wallets recently, while its web staking functionality offers users a way to generate investment income on their CREDIT holdings. 

To learn more about TerraCredit, check out the project’s website.

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