5 Best Upcoming ICOs For July 2021
Initial coin offerings (ICOs) are still relevant in the crypto space. However, finding the best upcoming ICOs in this market is difficult.
ICOs date back to the early days of Bitcoin and the boom of alternative currencies (altcoins for short). Regulators have kicked against the practice citing fraud and manipulation as reasons behind their misgiving. However, ICOs are here to stay so long as cryptocurrencies continue to be a hot topic in the financial space. In this article, we will highlight five of the best upcoming ICOs for July so you can pick the one that interests you.
1. DeversiFi (DVF)
Starting off our list of best upcoming ICOs is decentralized exchange (DEX) platform DeversiFi. According to its website, DeversiFi enables anyone to gain access to decentralized finance (DeFi) opportunities on Ethereum easily. It allows users to invest, trade, provide liquidity, and earn interest on their investment.
Built using the StarkWare zkSTARK layer two scaling solution, DeversiFi is a top-notch professional, self-custodial exchange. It boasts over 9,000 transactions per second (TPS) making it one of the fastest DEX platforms in operation by UI or API.
Stemming from an Ethfinex origin, the platform launched an independent service in mid-2020. It is fully decentralized and carries a community-driven ethos even into its distributed body of developers.
Looking at leveraging the burgeoning DeFi space, DeversiFi enables professional traders to place trades securely from their private wallets.
Following on the same path of centralized exchanges, DeversiFi allows traders to place trades in milliseconds while almost paying nothing in gas fees. User privacy is also guaranteed as DeversiFi claims that it has no access to user funds.
DeversiFi also offers trading through its API documentation allowing users to properly manage their portfolio.
The Ethereum-focused DEX has the backing of notable investors like Consensys, BitFinex, StarkWare, Ledger, and several others.
It will be launching its DVF governance token on its DeversiFi Launch Market (DLM) on the 8th and will be going public on July 10. 2021.
2. Axia Coin (AXC)
Second, on our list of best upcoming ICOs is the ubiquitous global currency Axia coin.
Sporting a separate service through its Axia Capital Bank, Axiacoin enables users to participate in the global financial markets by eliminating geographical and socio-economic barriers. AXC claims to be an asset-supported global currency that wants to change the way people interact with money and bring an end to the traditional system.
Utilizing a dual blockchain structure, Axia coin enables users to transact easily without being restricted by any particular fiat currency. This way, they can utilize the digital token anywhere in the world without needing to resort to exchange services in the places they travel to.
Using innovative smart contracts technology, Axia coin lowers participant costs making users enjoy the full value for their money.
Unlike Bitcoin, it aims to become a medium of exchange aside from enabling trustless transfer of value.
Launching fully on July 7, Axia coin will make 13,170,005,000 AXC available for a reported price of $1.25. You can grab some AXC on the popular Bitcoin exchange BitMart Launchpad.
3. DeFiCity (DFC)
Third on our list of best upcoming ICOs is the gaming platform DeFiCity. Borrowing from the leaf of popular virtual reality platform Decentraland, DeFiCity aims to gamify DeFi yield farming.
Users will be able to manage their DeFi yields through the web platform. DeFiCity is looking at a means of attracting more users to the booming DeFi space and says it plans to make DeFi as fun as playing a game. This will see users perform all their key activities on the platform like buying a plot of virtual land, create customizable non-fungible token-based (NFTs) city, integrate their farms, and start making gains.
Alongside this, users will be able to easily track key performance yield farming indicators from a single, visually-appealing in-game dashboard without ever needing to leave their game.
This can be especially useful if you have your funds spread across several DeFi platforms and can be a fun way for users to interact with the DeFi space without needing to open multiple accounts across various protocols.
DeFiCity’s ICO will be coming up on July 16 and will end the same day on DuckStarter Launchpad. The protocol will be releasing 100,000,000 DFC and has raised 2.7 million DFC from its May launch on crypto exchange Poolz. 1 DFC will go for about $0.09.
4. Qredo (QRDO)
Another best upcoming ICOs you should keep your ears peeled for is layer 2 decentralized protocol Qredo. The DeFi protocol which sports a trustless multi-party computation (MPC) technology allows anyone to automatically sign off transactions that meet institutional governance and security needs.
This way, DeFi users do not have to worry about losing their private keys again as they can easily automate transactions on the Qredo network.
Qredo uses an interoperable layer-two network that contains an immutable asset registry that enables cross-chain settlement among siloed blockchain networks. On top of this, it runs a layer three decentralized communication architecture which allows information to be attached to transactions and supports encrypted trade negotiations.
Qredo will be launching on Coinlist on July 8 and will offer up an initial 112,160,000 QRDO up for sale. Each QRDO token will go for a reported $0.225.
5. Moma Protocol (MOMAT)
Last on our list of best upcoming ICOs is the DeFi lending platform Moma Protocol. Seeking to bring liquidity to the largely underfunded DeFi space, Moma offers a proprietary customizable smart contract factory (SCF) which enables users to access its four core services, including Factory, Launch Pool, Lending Pool and Aggregator.
By this, Moma Protocol is aiming to produce, manage, accelerate, and aggregate the lending markets thereby enabling a fully functional liquidity pool. It will be offering 500,000 MOMAT for $0.36.