Active ICO List in March 2024

Kane Pepi

Last updated: February 14, 2024 08:26 EST | 21 min read

Looking to invest in an initial coin offering (ICO), but not sure where to find suitable projects? You’ve come to the right place.

This page reveals the best active ICO campaigns for March 2024. We analyze each ICO, covering the upside potential, risk considerations, and anything else you need to know. Read on to find the next 1,000x crypto ICO.

Active ICOs in March 2024 Reviewed

Read on to learn more about the active ICO list above. We’ll reveal everything you need to know to make an informed decision. This includes an overview of the project, its use cases, what risks to consider, and details of the ICO itself.

1. Sponge V2 – Invest in the Next 1,000x Meme Coin ICO, With Sponge V1 Producing 100x Gains Last Year  

Sponge V2 is one of the best meme coins to buy right now. Like many meme coins, Sponge V2 doesn’t have any use cases or intrinsic value. What it does have is a proven track record. This is because Sponge V2 is the continuation of Sponge V1 – which produced gains of over 10,000% last year.

Sponge V1 is being merged into Sponge V2, meaning more than 13,000 existing token holders will make the transition. This is in addition to thousands of social media followers and Telegram members. The Sponge V2 team already has a huge marketing budget, so some commentators believe that similar gains could be replicated.

Sponge V2 is also expected to secure several centralized exchange listings after the ICO finishes. This is because Sponge V1 is already listed on many exchanges, so applications should be fast-tracked. Sponge V2 is running a stake-to-bridge ICO. New investors can buy Sponge V1 tokens directly, which are then bridged to V2. ICO investors also earn staking rewards of 196%.

2. Bitcoin Minetrix – Overall Best Active ICO, an Innovative Stake-to-Mine Concept Raising Nearly $10.8 Million

Bitcoin Minetrix is revolutionizing the way crypto investors mine PoW coins. You’ll be joining thousands of other investors who have invested almost $10.8 million collectively. This means Bitcoin Minetrix will be one of the most successful ICOs of 2024. Growth investors are attracted to its innovative stake-to-mine concept.

This is because Bitcoin Minetrix allows people to mine Bitcoin from home without technical know-how. Nor do users need to purchase expensive mining equipment or spend vast amounts on electricity. Instead, users can stake BTCMTX tokens, generate credits, and then exchange these credits for Bitcoin mining power.

This concept is similar to cloud mining but without centralization, long contract time frames, and high minimum investments. Bitcoin Minetrix is an inclusive project that allows anyone to mine Bitcoin. To invest in the Bitcoin Minetrix ICO, you can use a credit card, ETH, or USDT. BNB and MATIC are also accepted, but you’ll lose out on staking rewards of 63%.

3. Meme Kombat – Next Big Blockchain Gaming Project With Over $8.7 Million Raised From Early Investors 

We found that Meme Kombat is one of the best crypto ICOs to invest in blockchain gaming. According to a Markets and Markets study, the blockchain gaming industry will grow to $65.7  billion by 2027. Meme Kombat will capitalize on this through its stake-to-bet ecosystem. Put simply, Meme Kombat has developed a ‘meme battle’ game.

Backed by blockchain, smart contracts, and artificial intelligence (AI), battles are contested by two meme characters. This may include Pepe, Sponge, Bonk, Shib, Doge, or FLOKI. Before the battle begins, players can place bets on the outcome. Bets are placed with MK tokens, native to Meme Kombat.

However, a minimum quantity of MK tokens also needs to be staked. This is the only way to access the Meme Kombat betting dashboard. Meme Kombat will also enable players to wager in-play bets. This means bets can be placed while battles are still unfolding. The Meme Kombat ICO is selling 50% of the MK token supply. MK will be listed on exchanges after the ICO.

4. eTukTuk – Invest in the Future of Green Transportation, With Electric Tuk-Tuk Vehicles For Emerging Countries

Next is eTukTuk, an active ICO project that will appeal to green investors. Almost $1 million has been raised so far, illustrating a strong appetite for eTukTuk’s concept. It manufactures sustainable tuk-tuk vehicles that run on electricity. This will reduce the current reliance on internal combustion engines.

Moreover, eTukTuk builds its electric tuk-tuks with local, sustainable materials. It will initially roll out vehicles in Sri Lanka. This is where the eTukTuk team is headquartered. After that, it will expand into other Asian countries. eTukTuk vehicles are compliant with existing electric charging stations.

This ensures that drivers can easily charge their eTukTuks without needing additional upgrades. eTukTuk vehicles will also come with AI integration. This will help drivers find the most efficient routes, based on real-time traffic data. The eTukTuk ICO accepts BNB and USDT (BEP-20). ICO investors get staking rewards of 223%. ETH is also supported but isn’t eligible for staking.

5. 5th Scape – Virtual Reality Gaming Ecosystem With a Proprietary VR Headset, ICO Investors Get an Immediate Upside of 434%

Those looking to invest in the future of virtual reality (VR) should consider 5th Scape. This active ICO project has developed an entire gaming ecosystem. Not only does this include immersive VR games but also a VR headset. It has also developed a VR gaming chair. Used collectively, players can enjoy unparalleled gaming experiences.

Some of the games developed so far include Cage Conquest (combat and strategic training), Immersive Kickoff (soccer), Thrust Hunter (racing), and Epic Cricket Arena (cricket). Players holding 5SCAPE tokens can enjoy all supported games for free. This covers lifetime access, meaning 5SCAPE has a solid long-term use case.

80% of the 5SCAPE token supply will sold to ICO investors. That said, there’s an eight-week vesting period on the first 40% purchased. The balance is vested over eight months. Nonetheless, the 5th Scape ICO offers a huge discount for early investors. Today, you’ll pay just $0.00187 per token. After the ICO. 5SCAPE will be listed on exchanges at $0.01 – an upside of 434%.

6. Green Bitcoin – Decentralized Bitcoin Price Prediction Game With Huge Rewards, Almost $1 Million Raised in ICO Funding

We found that Green Bitcoin is another active ICO that investors should keep an eye on. It has developed a decentralized predict-to-earn game. Users are required to stake their GBTC tokens to access the portal. They can then enter their Bitcoin price prediction. A week later, those with the most accurate prediction win GBTC rewards.

Those keeping their GBTC tokens staked can then enter a prediction for the following week. Not only does staking allow holders to access the predict-to-earn dashboard, but they’ll also earn APYs of 286%. This is earned regardless of how accurate price predictions are. What’s more, tokens can be unstaked after the weekly prediction contest has closed.

Green Bitcoin is an Ethereum-based cryptocurrency, so transactions are considerably more energy-efficient than the original Bitcoin. Its ongoing ICO has raised almost $1 million so far. Currently, ICO investors are paying just $0.4786 per GBTC token. The Green Bitcoin ICO accepts ETH, USDT, and credit cards. BNB is also accepted but won’t be eligible for staking.

7. Scotty the AI – Trending Meme Coin With Several Use Cases, Including Decentralized Token Swaps and an AI Assistant   

Combining cunning and intelligence, Scotty the AI is a meme character that has been turned into a cryptocurrency. While the main objective is price appreciation, Scotty the AI has also developed some use cases for its native token, SCOTTY. This includes ScottyChat, an AI-powered virtual assistant.

ScottyChat helps users discover new cryptocurrencies, assess risks and upside potentials, and learn complex concepts. Another use case is Scotty Swap. This is a user-friendly decentralized exchange. It enables users to swap cryptocurrencies without using a centralized exchange. Simply connect a wallet, choose which tokens to swap, and complete the transfer.

Currently, Scotty Swap supports just three tokens, SCOTTY, ETH, and BNB, That said, additional tokens will be added in due course. The ICO is now in full swing, with almost $360,000 raised so far. The ICO price is currently at $0.0052 per SCOTTY. This price will increase in the next five days. ICO investors also get staking APYs of 366%.

8. ScapesMania – Innovative Web 3.0 Game With Metaverse Experiences, Over $6M in ICO Funding     

Next is ScapesMania, a blockchain gaming project that has already raised over $6 million from ICO investors. Those wishing to invest will need to wait for the Token Generation Event (TGE), which is scheduled from February 26th to March 9th. ScapesMania will collect your email address and Telegram username.

It will then notify you when the TGE is scheduled. Although you won’t get ICO pricing, you’ll still enter the market at a very early stage. So what is ScapesMania, and how does it work? In a nutshell, ScapesMania is a metaverse game that allows users to play games, explore, socialize, and build virtual real estate.

Players can also buy, earn, or sell in-game assets. This includes energy, decorative items, and boosters. ScapesMania will launch a mobile app on iOS and Android. This ensures the game also appeals to traditional gamers, rather than just Web 3.0 enthusiasts. ScapesMania has received a BNB grant, so could be listed on the Binance exchange after the TGE. 

9. Scorpion Casino – Regulated Crypto Casino and Sportsbook Offering SCORP Holders a Share of Daily Profits      

The next active ICO to check out is Scorpion Casino. Aiming to become one of the best Bitcoin casinos, this ICO offers exposure to the blockchain gambling industry. Scorpion Casino has secured licensing from the Governor of Curaçao, ensuring a safe experience. It supports hundreds of games, including blackjack, video poker, baccarat, slots, and roulette.

This is in addition to sports betting, covering tennis, basketball, American football, soccer, and more. Generous bonuses and promotions are also offered to new and existing players. The Scorpion Casino ICO – which has already raised over $4.2 million, is selling SCORP tokens. SCORP holders receive a share of Scorpion Casino’s profits.

Every day, profits are used to purchase SCORP from public exchanges. Some tokens are used for daily staking rewards, while the balance is sent to a burn address. The latter reduces SCORP’s supply over time. After the ongoing ICO, SCORP will be listed on the Bitmart exchange at $0.05. The current ICO price is just $0.029, so investors can get a 72% upside.

10. Hypeloot – New Provably Fair Casino With Exclusive Games, Token Buybacks, and Profit Sharing

Next is Hypeloot, another active ICO from the blockchain gambling industry. This Hypeloot specializes in provably fair games. These are gambling games that leverage blockchain technology for fair outcomes. Unlike conventional casino games, provably fair results can be verified independently.

Popular games include crypto crash, dice, plinko, and wheel. Hypeloot will also license games from Softswiss. This will include table games with live dealers, covering roulette, blackjack, and baccarat. This is in addition to slot games with high RTPs. Hypeloot incentivizes players to gamble with its native token, HPLT.

In doing so, HPLT holders receive daily staking rewards. This is funded from casino profits. Hypeloot also buys HPLT back from the open market and removes the tokens from the circulating supply. This makes Hypeloot a deflationary currency. The Hypeloot ICO has raised over $300,000 so far. Based on current prices, ICO investors can secure an 81% upside.

11. Soulmate AI – AI-Generated Virtual Girlfriends With Voice Messages, Sexting, and Selfie Images 

Having found a huge gap in the market, Soulmate AI has created a sea-change in online dating. In a nutshell, this project enables users to create an AI-backed virtual girlfriend. Their appearance is completely customizable. Users can then ‘sext’ their virtual girlfriend, send and receive selfies, and share voice messages.

Soulmate AI operates as a decentralized autonomous organization (DAO). This means those holding its native token, SAI, have a say in how the project is run. Moreover, users will access Soulmate AI via an iOS or Android app. This means its ecosystem will also appeal to users outside of the crypto space.

Soulmate AI is in the midst of its ICO campaign. Investors are currently paying just $0.1 per SAI. The ICO price will increase in just over two days. Payments can be made with ETH, USDT, USDC, or BSC. Credit card acceptance will be launched soon. SAI tokens will be launched on exchanges in May 2024.

12. ENCORE-DEFI – New Decentralized Finance Platform Offering Token Swaps, Earning Yields, and Advanced Tools 

Investors might also consider ENCORE-DEFI. This project is developing a decentralized finance (DeFi) platform that comes packed with features. While ENCORE-DEFI is built on Ethereum, it offers cross-chain functionality. This means users can swap tokens from different blockchain standards.

For instance, swapping ETH (Ethereum) for LTC (Litecoin). In addition, ENCORE-DEFI will also launch staking pools. Users can deposit their idle crypto tokens and earn dynamic APYs. There will also be a token tracking tool. This enables users to seamlessly manage and rebalance their crypto portfolios.

Another feature is that ENCORE-DEFI operates as a DAO. This ensures token ENC holders can vote on key proposals. In terms of the ongoing ICO, ENCORE-DEFI is selling ENC tokens at $0.02 each. The ICO will run for another 107 days. The hard cap target is set at almost $30 million.

13. Cogwise – AI-Backed Financial Advisors Specializing in Crypto, Almost $7 Million in ICO Funding

We found that Cogwise is also one of the best ongoing ICOs to consider. This project leverages AI to create expert crypto advisors. Users have one-on-one access with their advisor through text-based conversations. For example, the user can ask for a list of trending cryptocurrencies or feedback on an upcoming ICO.

Cogwise will also offer AI-based smart alerts. This helps users stay informed about key market developments. For instance, if a whale makes a large withdrawal from an exchange, you’d be notified. Cogwise can also help users create smart contracts. No technical knowledge is required, simply answer some basic questions.

The Cogwise ICO is going very well, with almost $7 million raised so far. The current ICO price is just $0.042 per COGW. After the ICO, COGW will be listed on exchanges at $0.065. That’s a 54% upside from current prices. Investors can swap ETH or USDT for COGW.

14. Pikamoon – Play-to-Earn Metaverse Game With Immersive Experiences, In-Game Assets, and Over $4.6 Million in ICO Funding

If you’re looking to invest in metaverse gaming, consider Pikamoon. This innovative project is now in stage 3 of its ICO campaign. This allows investors to buy PIKA tokens at just $0.0006, a 14% discount from the exchange listing price. So far, the Pikamoon ICO has raised more than $4.6 million from early backers.

The Pikamoon metaverse, called the ‘Pikaverse’, comes with many gaming angles. Players begin by creating an avatar and searching for in-game assets. Being approached by a monster will trigger a battle. Winning earns players free PIKA tokens. The tokens can be used to purchase in-game upgrades or sold on public exchanges.

Any in-game assets, such as weapons and spells, are backed by unique NFTs. These can be traded on the Pikamoon marketplace for PIKA. ICO investors are also incentivized with first-generation NFTs. Just 27,018 will ever exist, ensuring rarity and the potential for value appreciation.

15. Stabble – Decentralized Trading Platform Without Slippage, Also Offers Margin Liquidity and Perpetual Swaps 

Another ICO from the DeFi space is Stabble. This DeFi project has a unique selling point; it eliminates slippage. This is a major pain point when trading on decentralized exchanges, as slippage means traders get an unfavorable price. On Stabble, the price you see is the price you pay.

Stabble achieves this by splitting smart contracts when executing trades. This results in arbitrage and smart liquidity routing. What’s more, Stabble also offers margin liquidity trading, not to mention perpetual swaps. This means users can trade leveraged crypto markets.

As a DeFi platform, Stabble offers complete anonymity. Users can begin trading as soon as they’ve connected a wallet. According to CoinMarketCap, the Stabble ICO will run until February 29th, 2024. Just over 0.5% of the total supply will sold in the current round. Stabble operates on the Solana network, so the ICO only accepts SOL tokens.

How to Find Active ICOs Early

We mentioned that early-bird investors get the most favorable ICO price. This means it’s beneficial to find active ICOs at the earliest stage possible.

Here’s some tips that can help you discover active ICOs early:

• ICO Listing Websites: There are several websites dedicated to ICO listings. This should show all upcoming and active ICOs, alongside links to whitepapers and websites. ICOBench, for instance, is a great starting point.
• Reddit: Join Reddit groups that are exclusively focused on ICOs. Consider r/CryptocurrencyICO and r/ico, which have over 186,000 and 51,000 followers respectively.
• X: X (formally Twitter) is hugely popular with crypto investors. Use hashtags like #ICO or #presale to see what’s available. This is often the most effective way to find active ICOs early.
• Telegram: There are many Telegram groups dedicated to crypto ICOs. Use the search bar, type in ‘ICO’, and explore groups with large followings. While some Telegram groups charge subscription fees, this can pay for itself after just one successful ICO investment.
• CoinMarketCap: You can also check out CoinMarketCap, which offers an upcoming ICO calendar. Currently, however, only one upcoming ICO is listed.

Methodology: How We Rate Ongoing ICOs

We revealed 15 of the best ongoing ICOs earlier, ranking each project based on the potential rewards. We’ll now explain our methodology. This will enable you to find your own ICO investments in an informed manner.

Fastest Selling ICOs

Our methodology placed a strong emphasis on fast-selling ICOs. Put otherwise, we prioritized ICOs that are trending in the broader crypto community. After all, should the ICO reach its hard cap target earlier than expected, this can create FOMO (fear of missing out).

Therefore, once the ICO tokens are listed on exchanges, new investors will be keen to gain exposure. Bitcoin Minetrix, for example, has already raised nearly $10.8 million. Similarly, Meme Kombat has raised more than $8.7 million. This means these projects have a solid chance of blowing up after the ICO concludes.

Clear Auditing and Tokenomics

In addition to the upside potential, risk considerations also need to be made. This starts with an analysis of the smart contract. For example, has the ICO project had its smart contract audited by a reputable third party? Some established smart contract auditors to look for include Consensys, Certik, and SolidProof.

Our methodology also dived into the tokenomics. This ensures the ICO tokens can operate in transparent, fair, and stable market conditions. For instance, how many tokens will be issued, and what percentage will be sold to ICO investors? What’s more, explore what blockchain standard the tokens operate on (e.g. ERC-20) and whether transactions are taxed.

Compelling Roadmap and Whitepaper

The roadmap and whitepaper also helped us rank the best active ICO campaigns. Starting with the whitepaper, this outlines the goals of the crypto project. For instance, what products/services it plans to offer and what real-world problems are solved. The whitepaper should also explain the use cases for the ICO tokens, if any.

The roadmap is equally as important. This details a timeline strategy for the ICO project. For example, what development and marketing objectives it aims to achieve, and when. Investors pay close attention to roadmap progression. Hitting targets on time is a good sign and can attract new investors. Missing a roadmap target will have the opposite impact.

Conclusion

Active ICO campaigns allow you to invest in new cryptocurrencies from the ground up. Oftentimes, the earlier you get in, the lower the ICO price.

In our view, the overall best ICO to check out is Sponge V2. With over $8.5M already staked and bridged, Sponge V2 is generating lots of hype. It allows users to buy and stake to earn Sponge v2 tokens with 195% p/a rewards on Ethereum. Could Sponge V2 outperform its previous success when it soared by 4,000% after its launch in May 2023? Follow the link below and explore the staking-focused meme token that everyone is talking about in 2024.

FAQs

What is an active ICO?

Active ICOs are initially coin offerings that are still live. This means you can still invest at favorable ICO prices.

What’s the difference between active ICOs and IDOs?

Initial coin offerings (ICOs) allow new projects to sell their crypto tokens directly to investors. Initial DEX offerings (IDOs) hold their fundraising campaigns on a decentralized exchange.

Should I invest in ICOs?

Some of the most successful cryptocurrencies began life as ICOs, including Ethereum and Filecoin. However, while ICOs can produce significant gains, they’re also risky.

References 

1. Blockchain Gaming Market Analysis, Industry Size & Forecast (Markets and Markets)
2. Five Things To Know About ICOs (SEC)
3. Advancing Clean Transportation and Vehicle Systems and Technologies (U.S. Department of Energy)
4. Ethereum’s Energy Revamp Is No Guarantee of Global Climate Gains (Bloomberg)

About the Author

Kane Pepi

Kane Pepi is a financial, gambling and cryptocurrency writer with over 2,000 published works, including on platforms like InsideBitcoins and Motley Fool. He specializes in cryptocurrency guides, exchange and wallet reviews, and covers new crypto projects for Cryptonews.com. His expertise includes asset valuation, portfolio management, and financial crime prevention. Pepi holds a Bachelor's in Finance, a Master’s in Financial Crime, and is pursuing a Doctorate in money laundering in crypto and blockchain. He can be connected with on LinkedIn.

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