To back up the growing number of decentralized applications, networks and ecosystems, multiple DeFi coins and tokens were developed and launched for the public use. We know how hard it is to keep pace with emerging cryptocurrencies that are being launched every day. That’s why we have curated a list of TOP DeFi coins and tokens the crypto community can invest in at the early token sale stages. Discover the most promising ICOs, IDOs, and IEOs from the world of decentralized finance, each with its detailed review and precise analysis based on CoinLaunch Score, which takes into account 80+ token-related metrics.
When the world is overflown with emerging DeFi applications and services, DeFi crypto tokens and coins are being added to many traders’ watchlists. You may be wondering, how to determine really trustworthy DeFi crypto coins among the infinite flow of new projects. Fortunately, we have developed a platform that can assist you in that matter.
CoinLaunch is a comprehensive crypto ranking platform of all ICO, IDO & IEO token sales from the world of decentralized finance. We find, review, and select the best upcoming and active DeFi token offerings to save your time and effort you would have made on researching lucrative crypto investments by yourself. Our specialists with a financial, marketing and blockchain technology background have reviewed dozens of DeFi projects and developed a special rating system - CoinLaunch Score. The scoring model evaluates the potential of a new project based on >80 token-related factors to help you get the most clear picture of the desired investment potential.
DeFi ICO is a fundraising method that implies selling tokens of Decentralized Finance projects directly to investors via ICO platforms, like CoinList or TokenSoft, or directly via a project’s website. Usually, if you want to participate in an ICO event, you must pass KYC/AML verification.
On the other hand, DeFi IDO is a fundraising method by which DeFi tokens are sold on DEXes or related launchpads with a requirement to stake, hold or use a DEX or launchpad’s native token. IDOs are conducted through liquidity pools or direct decentralized token sale events controlled and processed by smart contracts, where investors can buy them via a user’s non-custodial crypto wallet and without passing KYC/AML verification.
There are a few proven methods of how you can spot DeFi crypto projects in their early stages:
Decentralized ICO tokens were issued through an ICO fundraising campaign that usually takes place in the ICO platform or a website of the project, while Decentralized IDO tokens were launched through a decentralized exchange fundraising campaign on the special crypto launchpad. IEO DeFi tokens, on the other hand, were issued through an exchange-based fundraising campaign, where a blockchain project partners with an exchange to launch and sell their new tokens to investors.
Depending on what the term “success” means to you.
The main goal of DeFi crypto tokens is to incentivize people to participate in the decentralized economy and use various Dapps. These cryptocurrencies power DeFI applications and networks that are meant to transform the operation of standard financial systems, respectively, to eliminate (or at least reduce) the need for third parties. These coins give their users access to a set of different financial services and mechanics, like liquidity provision and staking, completely excluding intermediaries from the operation process.
The DeFi service market is still at the early stage of development and is a field for innovation. The majority of DeFi projects are an experiment. That is why it is still too early to talk about the absolute reliability of decentralization. Decentralized finance was programmed to create a financial system that would function independently from traditional economic and political systems. However, due to certain problems of insufficient decentralization of DeFi, there is a risk that the autonomous economy may completely fall into the hands of private developers. Nevertheless, there are several TRUE DeFI projects like Curve Finance, MakerDAO and AAve that proved their real decentralized nature and sustainability.