9 Best IEO Cryptos to Buy This Year - Biggest Initial Exchange Offerings
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
Initial exchange offerings (IEOs) enable crypto startups to raise funds from the public by offering their native token in exchange for another digital asset, such as USDT, ETH, or BTC.
However, unlike an ICO, the IEO listing is facilitated by a crypto exchange, which perhaps offers more of a safeguard for investors.
In this guide, we discuss the 9 best initial exchange offerings this year.
For a quick overview of the best initial exchange offerings this year, check out the list below:
Searching for the best IEO crypto listings requires investors to conduct their own due diligence on both the project and the exchange that is hosting the fundraising campaign.
Therefore, in this section, we take a much closer look at the best IEO cryptos of 2022.
One of the most successful crypto startups of the year is Tamadoge. This project launched its fundraising campaign in Q3 2022 and successfully hit its hard cap total of $19 million in just two months. Tamadoge is building a much-anticipated metaverse world that enables players to enjoy play-to-earn games (P2E).
The P2E game hosted by Tamadoge will focus on a Tamagotchi-style virtual pet that is created after minting an Ethereum-based NFT. Each Tamadoge pet will have its own characteristics, such of which are much rarer than others. This is, however, based on the randomness of the underlying smart contract that backs the Tamadoge ecosystem.
Players can earn TAMA tokens by playing the Tamadoge P2E game. One such mechanism in this regard will enable players to enter battles with their virtual pets. The more successful battles, the more TAMA
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