ββSome of the recent private fundraising events among blockchain startups you should know about. November 2024, part 2.
ββNamada will launch its mainnet on December 3. This will commence Phase 1 of mainnet. NAM token transfers will be enabled at Phase 5. Namada is a POS L1 for interchain asset-agnostic privacy built on the Anoma protocol and by Anoma team.
ββA modular Layer 2 Sophon will release its mainnet on December 18th. Token transfers to be enabled in Q1 2025.
ββA modular Layer 1 that provides Chain Abstraction infrastructure, Particle Network will release its bridgeless trading product on December 3. Users will be able to buy/sell any token without bridging.
ββCrypto fundraising platform Legion is offering Pulse Protocol token sale starting Nov 27. Any user can apply for allocation. The project will evaluate and select investors according to their applications. Round valuation: $30M. Token vesting: 1y cliff, 2y vesting from TGE.
ββHyperliquid announced that the genesis event for HYPE token will occur at 07:30 UTC on November 29. The max supply of HYPE is 1B tokens. 310M tokens are allocated for eligible participants in the genesis event. These tokens will be fully unlocked.
ββUpdated: ββA short list of the upcoming TGEs, primary listings, product releases you should know about.
ββBitcoin monthly returns: 2011-2024. BTC is up around 37% in November and +129% YTD.
ββA look back at the digital assets launched in November 2024 and the public token distribution methods they used. Sorted by fully diluted valuation.
HYPE, MORPHO, OL, ZRC - Airdrop.
ORA, PNUT, HSK, CHILLGUY - via exchange listing.
PEAQ, SUPRA - public sale + airdrop.
HYPE, MORPHO, OL, ZRC - Airdrop.
ORA, PNUT, HSK, CHILLGUY - via exchange listing.
PEAQ, SUPRA - public sale + airdrop.
ββThe walletless Layer 1 blockchain XION will launch its token on December 5. XION plans to airdrop 5% of the total token supply. Total token supply: 200M XION. XION will be available on Bitget Launchpool & Bybit Launchpool. Trading start time: 10:00 AM (UTC).
ββMovement Labs will launch its token MOVE on December 9. OKX is the first CEX that will list MOVE token at 2:00 PM on December 9 (UTC).
ββLayer-2 rollup network Glacier will have a public sale starting December 11. 6% of the total GLC supply will be available at $0.033 per token at $33M fully diluted valuation. $2M to be raised. No vesting. GLC listing date: December 18th.
ββEthereum Layer 2 Superseed will have a public token sale on December 9. $20M to be raised during public round for 20% of the total token supply at $100M fully diluted valuation. KYC verification is required.
ββBitcoin has crossed $100,000 on Thursday, December 5. BTC price is 144% up year-to-date. New all-time high: $104,088.
ββXION will have a primary listing on December 5. Bybit, Bitget, KuCoin, BingX, MEXC and Gate will enable XION trading around 10:00 AM on December 5, 2024 (UTC). Maximum Supply: 200M XION. Initial circulating supply: 25.6M XION (12.78%).
ββCrypto fundraising platform Legion is offering Almanak token sale starting December 5. Any user can apply for allocation. The project will evaluate and select investors according to their applications. Round valuation: $45M. Token vesting: 30% at TGE, 70% linearly, over 24 months with 6 months cliff. Almanak is building AI-powered agent platform.
ββBitcoin L2 developer Botanix Labs announced testnet release. According to the blog post it will be the first EVM-equivalent Layer 2 on Bitcoin. Earlier this year startup raised $11.5M from Polychain, Placeholder and others.
ββNexus Labs will be launching a new Nexus network testnet on December 9. Nexus Labs is building a distributed prover network. The testnet is available for every user and it will remain open till December 13. Earlier this year startup raised $25M from Pantera and Lightspeed and others.
ββEthereum-based NFT collection Pudgy Penguins will launch its token PENGU on Solana in December 2024. 25.9% of the supply is set to be distributed to the Pudgy Penguins community, while 24.12% will be distributed to other communities and new "Huddle" members.
ββBinance Will List Across Protocol (ACX) and Orca (ORCA) on December 6. Trading will go live at 13:00 (UTC).