Top performing ICOs in November

Top performing ICOs in November

ICO
December 15, 2017 by Anupam
Top ICOs in November

Initial Coin Offerings are arguably the most economically powerful tech to come out of the blockchain revolution yet, they allow capital to be raised on a global scale and with a high degree of flexibility when compared to traditional fundraising methods. In this brave new world of ICOs, it doesn’t matter whether you’re a startup founder in Singapore or an investor in Canada.

ICO mania has reached ever higher heights in 2017, the number of new ICOs on any given day is astronomically high and the hundreds of millions in capital that can be raised with little more than a whitepaper and a website can be hard to comprehend, particularly for people used to a much more risk-averse investment culture.    

Below is a list of ICOs which have performed particularly well in terms of ROI in the previous month. This is a list of coins that have done well after they have hit the exchange. ROI is measured against coin price in USD at the beginning of November, the beginning of this week – 

Mercury (MER) 2535% ROI

Mercury token (MER) shot up from a price of $0.02 last month to $0.5281 at the time of writing of this article, a whopping 2535% increase.

Mercury terms itself as a Waves-powered provenance token. It is one of the tokens issued as part of the Darcus project. According to the Darcus project website, it enables collaborative cross-chain communication and timestamping from the Jupiter blockchain to Waves and Waves to Jupiter. Jupiter being another token issued as part of the Darcus project. One of the use cases for Mercury will be Metis – a public, decentralized, encrypted message service which is set to launch this winter.

Santiment (SAN) 1355% ROI

Santiment (SAN) token had a surge of 1355% from a price of $0.242 to $3.53.

Santiment aims to provide financial market data for cryptocurrency markets, playing a similar role to what Bloomberg and Thomson Reuters currently do in traditional financial markets. Santiment plans to offer datafeeds and content streams and a superior updated database of cryptocurrency projects.

Decentraland (MANA) 760% ROI

Decentraland (MANA) token rose from a price of $0.01 on November 12 to a current price of $0.08903, producing an ROI of 760%.

Decentraland is perhaps one of the more futuristic projects in the ICO space, a decidedly hard title to earn. It is is a virtual reality platform that runs on the Ethereum blockchain, accessible through a VR-headset or even through a browser. Users can purchase an immutable record of land ownership in the Decentraland, and create virtual worlds.

Revain (R)  647% ROI

Revain (R) token saw its price rally from a price of $0.07 to $0.52, should you have invested in it, you would have seen an impressive growth of 647%.

Revain is a review platform based on the blockchain, which allows it to ensure the legitimacy of all feedback and it purports to have an economic model that is genuine and legitimate. Reviews are stored as fragments on the blockchain, ensuring immutability. The internal token of the system is called RVN and is supposed to be used to motivate participants.

Blocktix (TIX)  609% ROI

Blocktix (TIX) rose from a price of $0.14 on November 12 to a current price of $1.01, an ROI of 609%.

Blocktix aims to create a platform to replace the currently fragmented market of event ticket distribution (Ticketmaster, Eventbrite), ticket transfer and event promotion. Objectives of the project include effectively lowering overhead for ticket distributors and event promoters, providing a secure counterfeit-proof ticket solution using the Ethereum blockchain, discouraging ticket trading (scalping) and incentivizing event advertisement viewing.   

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