Launchpad Enjinstarter has emerged as a top player in the Initial DEX Offering (IDO) space, providing investors with impressive returns on their investments in AI-powered Web3 projects. According to CryptoRank, Enjinstarter has delivered an average return on investment (ROI) of 142.4% year-to-date (YTD) in 2023, placing it among the top three IDO providers globally.
Enjinstarter’s success in the second quarter builds upon its outstanding performance in the first quarter, where it was ranked as the top-performing IDO launchpad by TokenHunter, boasting an average ROI of 538.49%. The platform’s commitment to delivering maximum value to IDO participants is evident in its meticulous selection process for projects that have the potential to revolutionize the industry.
The year 2023 has witnessed a surge in AI-powered projects, fueled by the continuous evolution of OpenAI’s GPT algorithm. Out of the 13 IDOs conducted by Enjinstarter this year, eight leverage the power of AI. These projects include ChainGPT, an infrastructure enabling Web3 innovation with AI, Orbofi AI, an advanced platform for creating AI-generated content, and Eldarune, an AI-powered RPG with PvE and PvP modes.
Among the IDOs launched through Enjinstarter, ChainGPT stands out as the top performer with an ROI of 704%, followed closely by SophiaVerse with 602% ROI. Enjinstarter’s track record of success has positioned it as a reliable platform for investors seeking lucrative opportunities in the AI space.
Building on its IDO launchpad success, Enjinstarter has ambitious plans to develop two additional launchpads. The first platform aims to connect utility-driven NFT projects with investors, while the second platform focuses on supporting Web3 climate startups in raising funds from impact investors.
Looking ahead, Enjinstarter has five IDO projects in the pipeline, including SeaPad, Kvants AI, Boss Fighters, AITECH, and Backstage. Additionally, the platform is set to release an expansive storytelling AI NFT game based on an advanced earth concept, where factions embark on quests and battles within the Enjinstarter ecosystem to earn rewards.
Since its inception in 2021, Enjinstarter has played a pivotal role in launching over 80 Web3 projects and platforms. The platform’s commitment to innovation and its growing community of over 200,000 members across various social platforms have solidified its position as a leading player in the Web3 ecosystem.
Enjinstarter’s success has not gone unnoticed, as it recently raised $5 million in its Series A funding round from True Global Ventures 4 Plus, a venture capital firm specializing in tech entrepreneurs. The company has also received initial approval from Dubai’s Virtual Assets Regulatory Authority, indicating progress towards obtaining full permission to operate within Dubai.
Enjinstarter’s dedication to supporting promising Web3 projects, its expanding consulting practice, and its membership in the Open Metaverse Alliance further highlight its commitment to driving innovation in the blockchain and AI space.
In conclusion, Enjinstarter’s IDO investors have reaped significant rewards through their investments in AI-powered Web3 projects. With its strategic selection process, Enjinstarter continues to position itself as a reliable launchpad for investors seeking high ROI opportunities in the rapidly evolving world of AI and blockchain.