August 1, 2023 – Singapore, Singapore
Launchpad delivers 142.4% ROI YTD thanks to carefully curated selection of AI projects.
Leading IDO launchpad, Enjinstarter, announced today that its stable of AI-powered Web 3.0 projects has earned investors an average ROI of 142.4% YTD in 2023.
This puts Enjinstarter firmly in the top three of IDO providers worldwide, according to industry-leading ranking service, CryptoRank.
Continued success in Q2 comes on the back of a successful Q1 in which Enjinstarter was ranked by TokenHunter as the top-performing IDO launchpad with an average ROI of 538.5%.
Prakash Somosundram, co-founder and CEO of Enjinstarter, said,
“Our number-one goal is to deliver maximum value to our IDO participants. We conduct an exhaustive study of every launchpad applicant to bring our token holders a carefully curated selection of projects set to revolutionize the industry.
“At the beginning of the year, our team correctly identified the growing trend towards generative AI and was quick to adapt. Our overall success this year can be attributed to our team’s ability to find the best among a proliferation of AI-powered Web 3.0 projects.”
2023 has been the year of AI. The continued evolution of OpenAI’s GPT algorithm has led to a proliferation of generative AI-powered apps.
Of the 13 IDOs conducted by Enjinstarter so far this year, eight leverage the power of AI.
- ChainGPT Infrastructure enabling the future of Web 3.0 innovation with AI
- Orbofi AI Advanced platform for creating AI-generated content and fine-tuned AI models
- Eldarune AI-powered RPG with PvE and PvP modes
- Cogito Protocol A decentralized and AI-driven tracercoin called GCOIN
- KAIF Platform AI-powered DeSoc (decentralized society) platform
- HyperGPT A Web 3.0-based AI marketplace
- DexCheck AI-boosted analytics for crypto and NFT trading
- SophiaVerse An advanced artificial general intelligence initiative revolutionizing the world of AI and gaming
The top performing IDO launched through Enjinstarter in 2023 is ChainGPT with an ROI of 704% at the time of writing. SophiaVerse is a close second at 602%. Data provided by CryptoRank.
Building on the success of its IDO launchpad, Enjinstarter plans to build two additional launchpads.
The first is an INO platform to connect utility-driven NFT projects with investors. The second is a platform specifically designed for Web 3.0 climate startups to raise funds from impact investors.
Looking…
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