These are the top performing IDOs of 2021. 2021 was a massive year of growth for the major cryptocurrencies, and most of them have had positive returns since the start of the year.

But the majority of the top performing cryptocurrencies of the year were launched after IDOs – a form of fundraising commonly used by decentralized exchanges (DEXs) and Launchpad.

Widely touted as a more democratic method of raising capital, is one of the most popular ways users get early on to new projects. While IDOs are not always profitable, some IDOs perform impressively even after they have been listed.

The article covers some of the top performing IDOs of the year to find out their success stories.

Top 20 best performing IDOs in 2021 | Source: CoinMarketCap

Overall, many IDOs have achieved over 100-fold growth since their introduction, while the strongest projects achieve over 200-fold growth. These top performing projects can be broken down into 5 categories:

Metaverse

Metaverse is a completely immersive, permissionless, very popular environment based on blockchain technologies and is an area that offers attractive prospects.

Investors seem to agree, saying the asset this year is none other than Bloktopia – a virtual reality metaverse platform that represents a 21-story high-tech virtual tower. The platform achieved an ROI 558 times the IDO price.

Hence, $ 100 invested in an IDO is now worth more than $ 55,000.

With Metaverse-based projects just emerging and on the rise, there could be more prominent names in the coming months.

Launchpad

Launchpads are relatively new in the blockchain area, but are quickly becoming one of the most popular parts of the pure CeDeFi or DeFi infrastructure, as they use censorship to give users an insight into already established projects in the early stages.

A total of 7 of the 20 top performing IDOs of this year were launchpads, many of which are in the BlueZilla ecosystem. The best performer of the year is StarLaunch, a covered launchpad for projects on Solana that is trading at 270 times the IDO price.

PulseChain-specific Launchpad, PulsePad, ranks 2nd with 254x winnings, while Blockchain game-focused Launchpad GameFi ranks third with an impressive 240x revenue.

In addition, the top 20 Launchpad list also includes GameZone (for game tokens and NFT projects), NFTLaunch (for NFT projects), VelasPad (for Velas ecosystem projects) and ADAPad (for projects). Cardano ecosystem).

In particular, these launchpads provide access to other IDOs as well, and many of them work just as well, making double the profit.

FUCKING GAMESBlockchain

The blockchain gaming sector has gained significant momentum in recent months thanks to a wave of innovation and growth in the play-to-earn (P2E) sector.

Thanks to the overwhelming success of blockchain gaming giants like Axie Infinity and The Sandbox, 8 of ROI’s top 20 IDOs fall into this category.

At the top of the list is Velhalla, the first play-to-earn game on the Velas platform. Velhalla brings the IDO participants 189.6 times more profit. Next up is Thetan Arena, a survival battle game that has grown 186 times since launch.

There are also a host of other popular games such as Cryowar, My Neighbor Alice, Wilder World, Star Atlas, DeRace, and Crabada – each with a win multiplier of over 100 times.

NFT

Perhaps surprising to some, but only an NFT-focused project will do.

Despite strong demand for NFT collections, many projects that focus primarily on NFT are rarely among the absolute best performers.

But Opulous (originally launched on DAO Maker) seems to be the project that paved the way. The platform aims to pioneer a new form of Music NFT that gives creators a new way to monetize their work.

DeFi

Although DeFi was still a trend at the beginning of the year, many projects are now starting to cool off. However, some of this year’s top performing IDOs are in the DeFi category.

Unizen, the CeDeFi aggregator and exchange, currently holds the title of the best performing IDO DeFi this year after the IDO price rose 127 times.

On the other hand, Cake Monster is one of the few DeFi meme hybrids that does an IDO and currently trades 100x. 20th place now belongs to the first decentralized exchange (DEX) WagyuSwap on Velas, which has achieved a decent growth factor of 85 times.

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