Which startups raising funds through ICOs are most likely to succeed? Using Aingel‘s AI based Deal Flow Analyzer, we generate an Inception Score™ that helps investors identify the next game changing companies in the blockchain space.
Here are the top 31 blockchain startups our algorithm picked out of 252 ICOs that launched from October to December 2017:
1. Linda Healthcare
Inception Score™: 99%
ICO Date: 17 Nov — 18 Dec
Founded: 2017
Number of Founders: 5
Headquarters: US
Linda Healthcare is developing natural language processing for primary care. The Linda Health Coin (LNDA) allows people to purchase Crypto Health Insurance via an AI Virtual Medical Assistant App.
2. SyncFab
Inception Score™: 97%
ICO Date: 15 Nov 2017–15 Feb 2018
Founded: 2013
Number of Founders: 4
Headquarters: US
SyncFab is a blockchain based P2P manufacturing network that matches purchasers with manufacturers. The company is creating a platform for the virtual e-commerce supply chain, data mobilization and machine learning.
3. Proof
Inception Score™: 96%
Amount Raised: USD $1,700,000
ICO Date: 1 Nov — 1 Dec
Founded: 2016
Number of Founders: 3
Headquarters: South Korea
Proof, Inc. is a blockchain based platform that allows users to invest in real estate shares starting from USD $2. Proof acquires high-yielding discounted properties and offers ownership stakes as “Smart tokens” on the Proof market, making real estate investments more accessible to medium and lower income people.
4. Rentberry
Inception Score™: 95%
Amount Raised: USD $3,965,000
ICO Date: 05 Dec. 2017–26 Jan 2018
Founded: 2015
Number of Founders: 3
Headquarters: US
Rentberry is a decentralized rental platform that connects tenants and landlords. It provides tenants with a way to reduce the requirements on rental security deposits, and currently manages over 224,000 properties in 5,000 cities across the US.
5. GUTS
Inception Score™: 94%
ICO Date: 15 Nov — 15 Dec
Founded: 2016
Number of Founders: 4
Headquarters: The Netherlands
GUTS is a blockchain based ticketing system that registers the ownership of SMART-tickets. The system aims at eliminating fraud as each ticket can only be sold at a fixed price, and users are not allowed to make profit from the resale.
6. White Rabbit
Inception Score™: 94%
Presale: 27 Nov — 22 Dec
Founded: 2017
Number of Founders: 5
Headquarters: Norway
White Rabbit is a plug-in for major internet browsers that allows users to securely pay for content streamed to their devices based on recognition of films or television series that are being watched.
7. LiveTree ADEPT
Inception Score™: 94%
ICO Date: 01–15 Dec
Founded: 2015
Number of Founders: 5
Headquarters: UK
LiveTree’s Advanced Decentralized Entertainment Platform for Transparent distribution (ADEPT) is a next generation open platform that enables people to own what they watch, be part of it and get a cut of it.
8. Insights Network
Inception Score™: 94%
ICO Date: 12–27 Dec
Founded: 2017
Number of Founders: 3
Headquarters: Cayman Islands
Insights Network is a marketing research firm that matches providers and requesters of data through a blockchain network that rewards participants in Insights (INS) tokens.
9. SPECTRE
Inception Score™: 93%
ICO Date: 17 Nov — 10 Dec
Amount Raise: USD $6,403,261
Founded: 2017
Number of Founders: 4
Headquarters: UK
SPECTRE is an Ethereum blockchain based broker-free financial trading platform that eliminates brokers from the system, promising to hand power over to the retail traders. Short for Speculative Tokenized Trading Exchange, the platform predicts financial markets with a tokenized liquidity pool owned by ICO investors.
10. Crypterium
Inception Score™: 92%
ICO Date: 31 Oct 2017–13 Jan 2018
Founded: 2017
Number of Founders: 4
Headquarters: Cyprus
Crypterium is a crypto-bank on a mission to offer an integrated banking service for innovative blockchain based ideas. Crypterium will provide the same services offered by traditional banks through crypto-assets such as tokens and cryptocurrencies as opposed to money.
11. DOVU
Inception Score™: 90%
ICO Date: 3–17 Oct
Amount raised: $12,000,000
Founded: 2016
Number of Founders: 3
Headquarters: UK
DOVU is a mobility cryptocurrency powered by blockchain that aims at simplifying access to transport data and facilitating payments for mobility services through one global token, which can be used for buying bus and train tickets, renting bikes or cars and sharing personal vehicles.
12. Jibrel Network
Inception Score™: 90%
ICO Date: 27 Nov 2017–26 Jan 2018
Founded: 2017
Number of Founders: 3
Headquarters: Switzerland
The Jibrel Network provides financial assets in currencies, equities, commodities among others as ERC-20 tokens on the Ethereum blockchain. Jibrel allows anyone to tokenize real-world assets, allowing autonomous organizations to diversify crypto-holdings into stable assets.
13. Bankera
Inception Score™: 90%
Amount raised: USD $43.9M
ICO Date: 27 Nov 2017–27 Feb 2018
Founded: 2017
Number of Founders: 1
Headquarters: Lithuania
Bankera is a digital fintech solution that provides blockchain-based banking services similar to regular banks. Its digital bank aims at decreasing banking costs for consumers and promises businesses improved cash flow.
14. Horizon State
Inception Score™: 90%
ICO Date: 16–30 Oct
Amount raised: USD $1,000,000
Founded: 2017
Number of Founders: 4
Headquarters: Australia
Horizon State is a blockchain based voting system that prevents tampering with results, and seeks to override current outdated means of decision making and engagement through its digital ballot box.
15. Wys (Wys Token)
Inception Score™: 89%
PreICO Date: 17 Nov 2017–31 Jan 2018
ICO Date: 31 Jan — 28 Feb 2018
Founded: 2017
Number of Founders: 3
Headquarters: Germany
Wysker is the first blockchain-powered mobile shopping app, which allows users to earn wys tokens for product views and turns consumer data into discounts.
16. Utrust
Inception Score™: 88%
ICO Date: 2–20 Nov
Founded: 2017
Number of Founders: 3
Headquarters: Switzerland
UTRUST is a payment platform that allows buyers to pay online with their most preferred cryptocurrencies, offering payment protection that minimizes the risk of fraud.
17. CrowdHolding
Inception Score™: 88%
ICO Date: 1 Nov 2017–31 March 2018
Founded: 2016
Amount Raised: USD $343,000
Number of Founders: 3
Headquarters: UK
CrowdHolding is a social network that connects start-ups with individuals. New products are shared on the platform with companies pledging a percentage of their earnings to individuals on the network in exchange for feedback.
18. WaBi
Inception Score™: 88%
ICO Date: 28 Nov — 27 Jan 2018
Founded: 2013
Number of Founders: 2
Headquarters: Singapore
WaBi is developing a global blockchain based loyalty program using a cryptocoin to reward consumers for their purchases, providing discounts, bonus points and improved delivery terms with each purchase.
19. BitDegree
Inception Score™: 86%
ICO Date: 01 Dec 2017- 01 Jan 2018
Founded: 2017
Number of Founders: 4
Headquarters: Lithuania
BitDegree is a blockchain-powered online education platform that provides token scholarships and talent acquisition in the tech space, offering students online courses with a reward system and achievement tracking.
20. MedCredits
Inception Score™: 86%
ICO Date: 17 Oct — 30 Nov
Founded: 2016
Number of Founders: 1
Headquarters: US
MedCredits is a blockchain based platform that connects patients with a global network of doctors, providing more efficient and affordable healthcare. It allows patients to access healthcare by submitting their cases remotely and receiving near instant diagnoses.
21. VLB
Inception Score™: 85%
ICO Date: 27 Nov — 17 Dec
Founded: 2016
Number of Founders: 3
Headquarters: Estonia
VLB stands for Vehicle Lifecycle Blockchain, which is bringing numerous car-related industries such as OEMs, dealers, manufacturers, claim managers, banks, car owners and insurance companies into an integrated vehicle lifecycle system.
22. BlockMason (Credit Protocol)
Inception Score™: 85%
ICO Date: 8 Oct — 8 Nov
Founded: 2016
Number of Founders: 3
Headquarters: Belize
BlockMason is introducing a platform that creates, tracks and settles debts. Through its Credit Protocol, all forms of debt and credit requests on the blockchain (e.g., consumer loans, university meal vouchers, gift cards, etc.) will be recorded.
23. Mobius
Inception Score™: 84%
ICO Date: 22 Nov — 8 Dec
Founded: 2017
Number of Founders: 2
Headquarters: US
Mobius aims at connecting developers to the blockchain ecosystem by integrating blockchains into apps, devices and data streams. Developers can distribute and grow blockchain applications that can be adopted by the masses through the live DApp Store.
24. Earth Dollar
Inception Score™: 84%
ICO Date: 11 Nov 2017–11 Jan 2018
Founded: 2014
Number of Founders: 4
Headquarters: Worldwide
Earth Dollar is a blockchain based cryptocurrency that supports the health of the Planet with traditional currency features to create a more sustainable economic system.
25. WELL
Inception Score™: 84%
ICO Date: 01–31 Dec
Founded: 2015
Number of Founders: 1
Headquarters: US
WELL directly connects patients worldwide with healthcare professionals, including doctors, therapists, psychologists among others. The WELL tokens will solve cross-border payments and data accessibility, making it possible for quality healthcare providers to serve anyone, anywhere in the world.
26. Aurora
Inception Score™: 83%
ICO Date: 11 Dec 2017–11 Jan 2018
Founded: 2016
Number of Founders: 3
Headquarters: Panama
Aurora is a suite of decentralized applications and protocols that comprise an autonomous banking and finance platform to anyone in the world across geographic locations and social classes.
27. INS Ecosystem
Inception Score™: 83%
ICO Date: 04–25 Dec
Founded: 2016
Number of Founders: 2
Headquarters: Russia
Launching and scaling the online grocery sector in Russia, INS Ecosystem connects consumers and grocery manufacturers to facilitate operations and tokenize consumer loyalty rewards.
28. Crypto20
Inception Score™: 82%
ICO Date: 16 Oct — 30 Nov
Founded: 2017
Number of Founders: 4
Headquarters: Cayman Islands
Crypto20 is a cryptocurrency index fund that uses ICO funding for purchasing crypto assets and keeping track of the crypto market performance. It helps investors own a diverse crypto-portfolio by facilitating decision making, cutting out brokers, and addressing volatility and high risk.
29. Grid+
Inception Score™: 81%
ICO Date: 30 Oct — 13 Nov
Founded: 2017
Amount Raised: $27,700,000
Number of Founders: 3
Headquarters: US
Grid+ allows consumers to buy and sell energy at the most economic price in realtime through wholesale electricity markets, promising to reduce bills by around 40%. A smart device predicts usage and purchases electricity ahead of time from the most cost-effective markets.
30. ReOrder
Inception Score™: 81%
ICO Date: 7 Nov — Unknown
Founded: 2016
Number of Founders: 3
Headquarters: US
ReOrder is a blockchain based automation technology that uses cryptocurrencies to allow clients to increase efficiency and sales of retail enterprises including restaurants, hotels, etc.
31. Wala
Inception Score™: 80%
ICO Date: 01–11 Dec
Founded: 2015
Number of Founders: 2
Headquarters: South Africa
Wala is a financial platform that offers emerging market consumers and the unbanked population accessible and affordable financial services. It aspires to remove barriers and increase banking accessibility for everyone.
How do we score companies?
The Inception Score is based on a Monte Carlo wrapped machine learning algorithm developed at NYU where we analyzed more than 6,000 startup founders based on their educational background, work history, startup experience and personality (deduced using AI from analyzing their digital footprint).
We input this data into our patent-pending algorithm which then generates multiple seed-stage investment portfolios of startups predicted to be successful. The percentage represents the number of times each startup is selected in 1,000 iterations of portfolio generation. With backtesting, overall accuracy is 95% and true positive rate is 70%.
READERS OF THIS POST ARE NOT TO CONSTRUE THE CONTENTS HEREIN OR ANY PRIOR OR SUBSEQUENT COMMUNICATION FROM THE AUTHOR AS LEGAL, TAX, OR INVESTMENT ADVICE. EACH READER SHOULD CONSULT WITH AND RELY ON ITS OWN PERSONAL COUNSEL, ACCOUNTANT, OR OTHER ADVISORS AS TO LEGAL, TAX, AND ECONOMIC IMPLICATIONS OF THE INFORMATION DESCRIBED HEREIN AND ITS SUITABILITY FOR THE READER.
Originally posted on Aingel