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Most platforms that offer blockchain-based solutions also launch their own native tokens. The implication of this is simple - there’s always a bunch of new Initial Coin Offerings (ICOs) every month. Don’t believe it?
In 2016, there were just 644 cryptocurrencies to invest in. This has grown to a whopping 7,557 in the span of 5 years. Investors are known to scour through these upcoming cryptos to find the next big thing.
In this blog, we’ll take a look at 5 such top upcoming cryptos for December 2021.
The top upcoming cryptocurrencies on this list have been sorted based on their ICO/IDO/IEO fundraising goal. You’ll come across names from DeFi, NFTs, Crypto Security, and more.
What is it: Unigrid (UGD) is a blockchain platform conceptualized in 2019. It claims to be the next evolution of the internet.
What makes it exciting: Unigrid is a distributed network that is immune to eavesdropping. The data you save on Unigrid will be permanently stored and spread across encrypted shards. These shards will be present in multiple locations.
When is it launching: The Unigrid ICO will run from 01-12-2021 to 31-12-2021 with the goal of raising $20,000,000. The minimum ICO investment amount is $10,000 USD while BTC, ETH, USDT, USD, EUR, SEK can also be used. You can consult a Cube wealth coach or download a Cube Wealth App.
What is it: Crypto Shield (SHIELD) is a platform that helps its users earn passive income through crypto and access scam alerts, shield protection, and crypto audits.
What makes it exciting: Their native token SHIELD is a deflationary cryptocurrency. A deflationary token burns or decreases its market supply over time. The finite nature of deflationary tokens is known to boost the perceived value of the cryptocurrency.
When is it launching: Crypto Shield has put up 100,000,000 SHIELD tokens for sale in its upcoming ICO that’ll run between 01-12-2021 to 30-12-2021. SHIELD is looking to raise $2,000,000 with a soft cap of $1,000,000.
What is it: Humans (HEART) is a blockchain platform that allows users to create digital assets with the use of AI and related technologies. This is known as “synthetic media”, which can be used to generate NFTs.
What makes it exciting: The users of Humans can monetize the digital likeness by owning and creating them while transforming them into NFTs that have greater transparency and governance.
When is it launching: Humans is looking to raise $1,170,000 by putting up 78,000,000 HEART tokens on offer with an Initial Dex Offering (IDO) between 06-12-2021 and 07-12-2021 on Polkastarter. You can consult a Cube wealth coach or download a Cube Wealth App.
What is it: SeedOn (SEON) is a blockchain-based crowdfunding platform that’s aiming to add more traceability and transparency for investors. This is basically a way to challenge traditional crowdfunding websites.
What makes it exciting: SEON will be the sole currency of transactions on the SeedOn platform. The money raised on the platform will be released in tranches with SeedOn's Smart Contract Escrow mode. This will allegedly make crowdfunding more efficient.
When is it launching: SeedOn is looking to raise $1,200,000 with a soft cap of $700,000 through the sale of 120,000,000 SEON tokens. The ICO will run between 15-12-2021 and 15-01-2022.
What is it: Notable (NBL) is a blockchain platform that aims to revolutionize the use of NFTs and the use of its native crypto token NBL.
What makes it exciting: Notable will allow NFT investors to access real-life experiences like event passes and dinners. NFT creators can link their digital assets to real-world experiences as well.
When is it launching: Notable is looking to raise $1,019,700 by offering 11,330,000 NBL tokens through an IDO between 15-12-2021 and 16-12-2021.
FAQs
Ans. To identify and research upcoming cryptocurrencies, you can use cryptocurrency news websites, social media platforms, and forums. Websites like CoinMarketCap, CoinGecko, and CoinDesk provide information about recent and upcoming listings. Due diligence is crucial before investing in any new cryptocurrency
Ans. Investing in upcoming cryptocurrencies can be risky. These newer coins often lack a track record, making it challenging to assess their long-term viability. It's crucial to conduct thorough research, scrutinize the project's whitepaper, understand the team behind it, and consider the technology's potential. Always exercise caution and consider your risk tolerance before investing.
Ans. An ICO is a fundraising method used by cryptocurrency projects to raise capital. During an ICO, investors purchase tokens or coins at an early stage of a project, often at a discounted price, with the hope that their value will increase over time. Be aware that some ICOs may be fraudulent or high-risk, so due diligence is essential.
Ans. I cannot provide specific investment recommendations as the cryptocurrency market is highly volatile, and the suitability of a cryptocurrency for investment varies from person to person. It's advisable to consult with a financial advisor or do extensive research to make informed investment decisions.
Not so long ago, the blockchain was associated only with Bitcoin and a handful of other indie applications.
But now, the world of crypto is growing rapidly with the growing use cases and future possibilities powered by the blockchain. It’s the de-facto technology for cryptocurrencies, decentralized finance, NFTs, and more.
This has led to a new culture in the world of decentralized technology - ICOs, which only means one thing, more upcoming cryptos! Keep an eye on this space for more upcoming crypto updates every month. You can consult a Cube wealth coach or download a Cube Wealth App.
Note: Facts & figures are true as of 25-11-2021. None of the information shared here is to be construed as investment advice. Exercise caution when investing in unregulated assets like cryptocurrency.
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