ICO Lab

Educating the world on cryptocurrency and ICO

How it works

Ethereum ERC20 tokens to take a lead

ICO being a fundraising tool for new companies or startups to develop their project. The fund is exchanged by the blockchain cryptocurrency or tokens. ICOs have their root from 2013 and the popular Blockchain network for creating ICO projects is ‘Ethereum’ in the crypto-market. It has created 500+ cryptocurrencies and it is known to be the top blockchain for ICO projects with quality making. Many projects have been launched as Ethereum ICOs by using ERC20, ERC777 or ERC223 and many independently separate from the blockchain after creating the tokens or ICO.

Although, Ethereum has produced great and competitive ICOs to the market since their launch. Below mentioned are few of the top up and coming cryptocurrency that is extremely excellent:

Maker (MKR)

Basic Attention Token (BAT)

Binance Coin (BNB)

OmiseGo (OMG)

0x (ZRX)

The Ethereum platform is great in a way that they provide detailed information on the smart contracts which are modern and essential for the crypto-market to follow at the rapid growth. In the meanwhile, there are hundreds of cryptocurrencies that are yet to be launched from the Ethereum blockchain, while it is known to be the powerhouse of ICOs.

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