Many digital tokens begin to increase in value as they trade in cryptocurrency exchanges after the Initial Coin Offering and issuing of them to investors backing their ideas. However, the rate of increase in value varies and some increase in value more than others.
Below are seven outstanding performers in the crypto scenes by ROI since they started. ICOstats website tracks the data.
NXT, which was started in November 2013 by an anonymous developer called BCNext, has seen a increase of 8,245,436 percent in ROI so far. The coin raised $16,800 worth of Bitcoin in 2013. The coin is trading at $1.385 as at the time of writing.
It uses a Proof of Stake consensus algorithm for the digital currency NXT. It offers peer-to-peer trading, offers a data cloud storage, and allows users to create a voting system and control their data and money. It is available for individual users, businesses and developers.
IOTA has gained a ROI of 901,422 percent since starting in 2015.
The project brings the good of Internet of Things to blockchain using a transactional IoT settlement layer. Instead of using a full blockchain for transactions, it employs Tangle to help solve scalability and transaction fee issues witnessed in other cryptocurrencies.
It fully decentralizes entire ledger to create a zero-fee transaction system by requiring the person sending funds to verify at the same time he sends them.
The coin raised $400,000 in a December 15 ICO with each coin selling at $0.001 and 1 billion of IOTA distributed. The price is now $3.917 as at the time of this writing.
Without need for much explanation, Ethereum is a public, open-source distributed ledger platform that allows creation of smart contracts and decentralized applications (DApps). The platform is now full of applications from a range of use cases from all business and non-commerce fields.
Born in 2013, the project had a ROI of 229,615 percent and ETH price was $715.377 as at the time of this writing. The crowdsale price during the 2014 ICO was $0.311. The project garnered $16 million in the ICO. Besides, ETH is the second largest digital currency in terms of market capitalization after Bitcoin.
Now known as AntiShares, NEO is a Chinese blockchain start-up. It has garnered a ROI of 190,487 percent as at the time of this writing, since creation in 2015.
They are developing blockchain for digital asset ownership with a legal proof-of-ownership acceptable by the larger society. Many find it worth for combining smart contracts and digital assets to create a “smart assets platform.”
Since October 2015 when the price of one token traded for $0.032, the price was $60.607 at the time of this writing.
U.K.-based Stratis blockchain-as-a-service platform targets financial institutions looking for blockchain-based industrial solutions.
The project, which raised 915 BTC in 5 weeks in a November 2016 ICO, has seen ROI increase to 142,209 percent as at the time of this writing. The price was $10.350 at the time of this writing.
With nStratis, enterprises can develop customized blockchain applications and build, test and deploy custom private blockchains using Stratis as the main blockchain and underlying network.
Stratis platform is compatible with .NET and C# and appeals to veteran users of Microsoft products.
Ark, which is a Delegated Proof of Stake (DPoS) system derived from Lisk, has a ROI of 62,948 percent and a price of $6.276 at the time of this writing.
The blockchain uses custom SmartBridge technology to link chains and create a virtual scalable spiderweb of endless use-cases. The system allows applications to be used outside the bounds of their own blockchain. For instance, Ethereum smart contract can be executed outside Ethereum blockchain or rather, in a different blockchain.
Lisk held its ICO in February 2016 and raised $6 million. Price was $0.076 at the time of crowdsale but has now increased to $20.445. The ROI was 26,636 percent at the time of this writing.
QTUM is a Proof of Stake smart contract compatible blockchain because it uses the Ethereum Virtual Machine (EVM), which is combined with Bitcoin’s Unspent Transaction Output (UTXO) model. The two are bridged using an “Account Abstract Layer.”
QTUM has gained a ROI of 18,301 percent, with a price of $53.717, which is a good increase from the price of $0.292 at the February 2016 ICO. The company raised $14,887,694 in that ICO.
The combination means smart contracts and decentralized applications can work on the tried and tested foundation of Bitcoin. The block size is still 2 MB with block time of 120 seconds.🔥212 Views