Overview of Top Ukraine’s ICOs is the first-ever analytical research of the most successful Ukrainian projects, which made a public offer of tokens, created by joined forces of the Ukrainian Venture Capital and Private Equity Association UVCA and the Ukrainian company Hacken with the support of the Ministry of Digital Transformation. The research shows the potential of the crypto industry of Ukraine. Ukrainian startups attracted $ 171 million in investments by cryptocurrency fundraising. Overview of Top Ukraine’s ICOs reveals the crypto market capitalization, the features of Ukrainian companies and their tokens, the number of funds raised, and the social media community.

1. Overview of Tоp
Ukraine’s ICOs
RESEARCH PARTNERS
INFORMATION PARTNER

2. Overview of Tоp
Ukraine’s ICOs
CONTENT
UKRAINE'S CRYPTOINDUSTRY HIGHLIGHTS
FOREWORD
SPECIAL THANKS
UKRAINE'S MAJOR CRYPTOCURRENCY COMPANIES
THE OVERVIEW OF UKRAINE'S ICOs
UKRAINE'S PROJECTS ON THE WORLD MAP
OVERVIEW OF UKRAINE'S TOKENS
SOCIAL MEDIA COMMUNITY
AMOUNT RAISED FOR ICO
APPENDIX
METHODOLOGY AND INFORMATION SOURCES USED IN THE REPORT
ABOUT RESEARCH PARTNERS

3. FOREWORD
Cryptocurrency fundraising initiatives through ICO have already given life to successful Ukraine's startups and attracted $ 171M
investment to the country.
The socio-economic disruption caused by the pandemic has brought new challenges for international business and cooperation.
In such a situation, the issuance of tokens may constitute a driving force for hundreds of new Ukraine's unicorns.
Cryptocurrencies are revolutionizing the Ukraine's financial market and a popular financial tool for savings among individuals,
diversify funding for startups alongside traditional financial instruments. This research demonstrates the potential of the Ukraine's
cryptocurrency market in retrospect. Collaboration with the government to create an enabling environment for cryptocurrency
turnover in Ukraine will amplify the positive signal to investors and stakeholders on a global map.
The study of companies issuing crypto tokens is incredibly important for the complex analysis of state of the virtual asset market
in Ukraine. I'm confident that such a research will facilitate the development of the virtual asset ecosystem and the
implementation of mechanisms necessary to improve the state of business in this area, as well as provide grounds for refining legal
regulation of this new industry.
Overview of Tоp Ukraine’s ICOs
Dmytro Budorin, CEO Hacken
Olga Afanasyeva, CEO UVCA
Alex Bornyakov, the Deputy Minister for the digital
transformation of Ukraine

4. SPECIAL
THANKS
Overview of Tоp
Ukraine’s ICOs
IRYNA
HORDIICHUK
OLGA
AFANASYEVA
DMYTRO
BUDORIN
VICTORIA
LYTVYN

5. UKRAINE'S CRYPTOINDUSTRY HIGHLIGHTS
Overview of Tоp
Ukraine’s ICOs
Cryptocurrencies became the instruments for ‘disrupting’ the traditional financial systems, accompanying the
need for the appearance of research papers, and policy reports. The cryptocurrency price jump in 2017-2018
affected this business and became very profitable and popular among investors and individuals in the world
including Ukraine. The cryptocurrency price jump in 2017-2018 affected this business and became very profitable
and popular among investors and individuals in the world including Ukraine.
Ukraine was no exception in this thread according to the
highlights facts, numbers, and trends of TOP Ukrainian
cryptocurrency companies and ICO projects displayed in this
overview.
Nowadays Ukraine is a leading country in the adoption of
cryptocurrency across the globe and has the highest volume of
transactions made in cryptocurrency according to a study
performed by the analytical blockchain company The Chainalysis.
Over a 12-month period from July 2019 to June 2020, Ukraine sent
$8.2 billion worth of cryptocurrency and received $8 billion worth.
Generally, the volume of transactions in Ukraine with virtual assets
is estimated by experts about 150-200 million dollars daily, and the
capitalization is more than 2 billion dollars.
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6. UKRAINE'S MAJOR CRYPTOCURRENCY COMPANIES
A solid foundation
of fully-fledged
cybersecurity
products that
protect individuals
and companies from
cyber threats.
Building the future
of financial services.
Delivered solutions:
Apollo National
Currency, Apollo
Government Bank
Platform, Apollo
DEX, KNOX
EXCHANGE, Gold
Secured Currency.
Upgrades and
delivers a new
security standard
and apps to address
the challenges of
the Web 3.0.
< 50 < 50
> 50
COMPANY
NAME
SECTOR
SHORT
PITCH
TEAM
LOCATION
TEAM
SIZE
CYBERSECURITY FINTECH
End-to-end real
estate transaction
management
platform that
facilitates real estate
transactions online.
> 50
MARKETPLACE
A global marketplace
enabling secure
trading of in-game
items to help
developers attract
more players, make
more money, and
increase the lifetime
value of their game.
< 50
MARKETPLACE CYBERSECURITY
DMARKET
Overview of Tоp
Ukraine’s ICOs

7. UKRAINE'S MAJOR CRYPTOCURRENCY COMPANIES
(continue)
The new standard of
aviation safety,
embodied in a line
of innovative
products.
Blockchain backed
lottery platform
focused on
developing games
and protocols that
are entirely
transparent.
Custom AI solutions
and a best-in-class
machine learning
platform to
transform
businesses.
A platform that allows
to meet the business
needs of high-quality
leads and provide an
opportunity to
communicate with
these leads to achieve
the goals set by
involving the maximum
number of people in the
data collection process.
Fully operational
long-term rental
platform that leverages
blockchain
infrastructure to ensure
seamless rental
experience and allows
for crowdsourcing to
help tenants save
billions in rental
security deposits.
< 50 < 50 < 50 < 50
> 50
COMPANY
NAME
SECTOR
SHORT
PITCH
TEAM
LOCATION
TEAM
SIZE
AEROSPACE GAMING AI SAAS MARKETPLACE
Overview of Tоp
Ukraine’s ICOs

8. UKRAINE'S MAJOR CRYPTOCURRENCY COMPANIES
(continue)
Infrastructure
platform and payment
gateway for Esports
and Gaming, that aims
to help millions of
gamers find
teammates, improve
skills, manage teams,
and earn money.
Fintech and
blockchain solutions
for daily use.
Globally distributed
computing power for
Natural Language
Processing that helps
people to transcribe
their voice
communications into a
text with 1 click as well
as provides companies
with a simple and cheap
solution for speech.
A tokenized
closed-end fund
designed to reduce
risks and technical
barriers to investing
in blockchain space.
< 50 < 50 < 50 < 50
COMPANY
NAME
SECTOR
SHORT
PITCH
TEAM
LOCATION
TEAM
SIZE
MARKETPLACE FINTECH AI
INFORMATION
SERVICES
Anryze
Overview of Tоp
Ukraine’s ICOs

9. OVERVIEW OF UKRAINE'S TOKENS Overview of Tоp
Ukraine’s ICOs
COMPANY NAME
TOKEN NAME
ICO YEAR
FUNDS RAISED
MARKET CAP
ALL-TIME HIGH
MAIN
EXCHANGE
HAI
2017
$3.5M
$33.3M
$0.173
ALP
2017
NDA
$24.7M
$0.004
PRO
2017
$15.1M
$13.6M
$5.15
DMT
2017
$19.0M
$21.6M
$1.83
REM
2018
$20.0M
$4.2M
$0.03
* MARKET CAP DATA IS AS OF FEBRUARY 26, 2021
DMARKET

10. OVERVIEW OF UKRAINE'S TOKENS (continue)
COMPANY NAME
TOKEN NAME
ICO YEAR
FUNDS RAISED
MARKET CAP
ALL-TIME HIGH
MAIN
EXCHANGE
ARNX
2017
$4.9M
$2.4M
$9.26
TFL
2017
$5.9M
$1.8M
$455.47
NTK
2017
$51.0M
$1.0M
$0.721
SNOV
2018
$2.1M
$0.6M
$0.465
BERRY
2017
$30.0M
$0.3M
$0.115
* MARKET CAP DATA IS AS OF FEBRUARY 26, 2021
Overview of Tоp
Ukraine’s ICOs

11. OVERVIEW OF UKRAINE'S TOKENS (continue)
COMPANY NAME
TOKEN NAME
ICO YEAR
FUNDS RAISED
MARKET CAP
ALL-TIME HIGH
MAIN
EXCHANGE
* MARKET CAP DATA IS AS OF FEBRUARY 26, 2021
DREAM
2017
$10.1M
n/a
$0.893
PTI
2019
$0.4M
n/a
$0.399
RYZ
2017
$1.7M
n/a
n/a
TAAS
2017
$7.7M
n/a
n/a
n/a n/a
Anryze
Overview of Tоp
Ukraine’s ICOs

12. TOKENS BY MARKET CAPITALIZATION
Overview of Tоp
Ukraine’s ICOs
Hacken
Apollo Fintech
DMarket
Propy
Remme
Aeron
True Flip
Neuromation
Snovio
Rentberry
* DATA IS AS OF FEBRUARY 26, 2021 5 10
0 20
15 30
25 mUSD

13. SOCIAL MEDIA COMMUNITY
Success in the cryptocurrency industry depends not only on a valuable product but also on a strong community
around it with an effective management system. The crypto ecosystem is built on the community spirit.
Telegram
NUMBER OF SUBSCRIBERS
Apollo Fintech
Aeron
DMarket
Hacken
Dream Team
Propy
Rentberry
Remme
Neoromation
Paytomat
True Flip
Anryze
Snovio
0 20 000 40 000 60 000 80 000 100 000
Overview of Tоp
Ukraine’s ICOs

14. Hacken DMarket Dream Team Propy Snovio Anryze Rentberry TAAS Remme Neuromation Paytomat
GRAND TOTAL: $171.4M
51
30
20
10
3,5
mUSD
2017 2018 2019
Overview of Tоp
Ukraine’s ICOs
AMOUNT OF FUNDS RAISED FOR ICO FROM 2017 TO 2019

15. UKRAINE'S PROJECTS ON THE WORLD MAP
JURISDICTION OF THE EXCHANGE***
JURISDICTION OF INCORPORATION**
TEAM LOCATION*
UKRAINE 4
CYPRUS 1
MALTA 1
COSTA RICA 1
UKRAINE 10
ESTONIA 1
USA 2
USA 3
USA 7
SINGAPORE 1
SINGAPORE 1
SOUTH KOREA 1
JAPAN 1
SEYCHELLES 2
CAYMAN ISLANDS 2
footnotes:
* Some companies have several jurisdictions
** Non-Public Information about 2 team's location
*** Including companies list their shares on more than one exchange
UNITED
KINGDOM 3
HONG KONG 2
Overview of Tоp
Ukraine’s ICOs

16. METHODOLOGY AND INFORMATION SOURCES USED IN THE REPORT
The overview is based on 14 Ukraine's ICO projects. The information was collected from the UVCA &
Hacken survey conducted in December 2020 - January 2021, as well as public data.
The public data was collected from publicly available sources such as reliable industry reports, analytics
platforms, news sources, companies’ websites, press releases, etc. The collected data was reviewed and
analyzed for reliability according to a systematic process of quality checks. The aggregated results of
the survey are presented in the Overview.
PUBLIC SOURCES
Industry reports:
The Chainalysis 2020 Geography of Cryptocurrency Report
The Cryptocurrencies and the Future of Money 2019 - IE Center for the Governance of Change
Analytics platforms:
https://www.crunchbase.com
https://www.ath.ooo
https://www.coingecko.com
https://www.icorating.com

17. ABOUT RESEARCH PARTNERS
INFORMATION PARTNER
Hacken provides a full range of top-class cybersecurity services protecting companies,
blockchain protocols, and thousand of users worldwide.
Hacken was founded in 2017 in Ukraine by security specialists and hackers to deliver
cybersecurity solutions to companies and individuals, making histories of success.
Now Hacken is a leading cybersecurity consulting company with an essential focus on
blockchain security. Hacken Cybersecurity Services is a part of Hacken Group, including
CER.live, HackenAI, and HackenProof. From June 2020, CER.live is the unique
cybersecurity data provider for CoinGecko Trust Score.
hacken.io
uvca.eu
thedigital.gov.ua
Ukrainian Venture Capital and Private Equity Association (UVCA) shapes the future
direction of the venture capital and private equity industry in Ukraine by promoting its
investment opportunities, advocating the interests of the industry before policymakers,
and improving the local business climate. Established by the example of Invest Europe,
UVCA currently unites over 50 members – leaders of the international and Ukrainian
investment markets. UVCA facilitates the transfer of knowledge and capital among
startups and businesses by building bridges between Ukrainian and global ecosystems.
UVCA makes a constructive contribution to shaping legislation on both pan-industry and
sector-specific scales that has an impact LPs, GPs, and their portfolio companies.
The Ministry of Digital Transformation is a government ministry in Ukraine responsible
for the formation and implementation of state policy in the field of digitalization, open
data, electronic information resources, interoperability, implementation of electronic
services and digital literacy. Established in September 2019.
The Ministry is the central certification body in the field of electronic trust services and
is also responsible for the development of broadband access to the Internet,
telecommunications networks, and the IT industry.