As someone who has been navigating the cryptocurrency landscape since its early days, I must say that this week’s lineup of Token Generation Events (TGE) is truly exciting! Each project offers a unique blend of innovation and potential, making it an intriguing time for investors and enthusiasts alike.
This week, numerous cryptocurrency initiatives are preparing for their Token Sale Events (TSEs). During these occurrences, the projects’ tokens become available, providing traders and investors with an opportunity to invest early in potentially successful endeavors.
Token Generating Events (TGEs) frequently capture interest and enhance liquidity, which makes them crucial events for both creators and contributors. Let’s explore the highly anticipated TGEs that are taking place this week.
Zircuit (ZRC)
On November 25th, at 10:00 a.m. UTC, Zircuit, a zero-knowledge rollup that’s compatible with EVM, conducted its Token Generation Event. Noteworthy exchanges like Bybit, MEXC, Gate.io, and KuCoin have planned to list Zircuit. These platforms have already confirmed the listings on X (previously known as Twitter).
The project emphasizes community ownership, allocating 21% of its tokens to community initiatives.
As a researcher, I am thrilled to share that our L2 project stands out as the most community-oriented, with a substantial 21% dedicated for community airdrops. Out of this portion, 12.45% is already claimable, and there are no prerequisites needed to do so. Moreover, another 13.08% has been earmarked for future community projects. Lastly, it’s important to note that the team and investors will have a 12-month cliff before they can access their share, ensuring our community’s continued involvement and support.
Significantly, Zircuit has attracted interest from prominent entities such as Binance and cryptocurrency experts. These influential figures express confidence in its potential, particularly as Ethereum‘s ecosystem tokens are currently experiencing a resurgence.
RWA Inc. (RWA)
In a private funding round and a public token sale, this tokenization platform managed to gather $1.18 million in private investments and an additional $800,000 during its public offering. Valued at $10 million, the Token Generation Event (TGE) took place on November 25th at 10:00 a.m. UTC, and subsequently got listed on exchanges such as KuCoin, Gate.io, and MEXC.
1) For the project, an overwhelming amount of community backing has been evident, as the fundraising phases were quickly exhausted, setting new speed records. Approximately 20,000 individuals took part in the public sale, demonstrating a substantial level of trust among investors.
RWA Inc. announced that their fundraising event was exceptionally successful, amassing 800,000 USD through Decubate, Eesee, and Ape Terminal in an astonishingly short period of time! With a collective total of more than 20,000 participants, the funding round on Decubate alone surpassed the initial offering stage, while the remaining allocation was snapped up in less than a minute! This indicates that the community’s enthusiasm for RWA Inc. is running high!
HashKey (HSK)
On November 26th at 10:00 a.m. UTC, HashKey – a broad digital asset financial services company – is planning to launch its Token Generation Event (TGE). After the TGE, the listings will be made available on platforms such as HashKey Exchange, KuCoin, BingX, and Gate.io.
This project, valued at $1.2 billion following a successful $100,000 public sale of tokens, is poised for sustained growth within its ecosystem over the long term. Its strategy involves limiting the total number of tokens to 1 billion and dedicating 20% of quarterly net profits towards purchasing back these tokens.
HashKey has created a token called HSK, with a maximum supply set at one billion units. This token won’t be sold during fundraising events through private or public sales on HashKeyChain. Instead, it will remain within the HashKey ecosystem. Furthermore, HashKeyGroup has committed to buying back 20% of the circulating HSK tokens each quarter using their net profits.
Kima Network (KIMA)
In the role of a cross-environmental money transfer system, Kima Network has successfully secured $11.2 million in private investments and an additional $940,000 during its public offering. The Token Generation Event (TGE) is set for November 26 at 1:00 p.m. UTC, followed closely by a listing on Gate.io.
The project, nurtured by ChainGPT, spans across ten different blockchain networks and has more than 800,000 distinct testnet wallets in use. It has the support of significant industry figures like Mastercard’s FinSec Innovation Lab and Outlier Ventures. With over 200 integrated decentralized applications (dApps) within its network, this indicates that it could potentially be widely adopted by a broad user base.
Investors involved in the private round of ChainGPT’s KIMA project can collect their tokens through a designated claiming platform. The token collection period is set for 1:30 PM UTC on November 26th, as confirmed by ChainGPT.
World of Dypians (WOD)
In the gaming world, the highly anticipated MMORPG titled “World of Dypians,” which can be found on Epic Games, has set its Token Generation Event (TGE) for November 27 at 11:00 a.m. UTC. This project has garnered $5.3 million in private investments and an additional $850,000 from public funding sources. After the TGE, it is expected that the game’s tokens will be listed on KuCoin and Gate.io.
The game boasts support from notable figures like BNB Chain, Manta Network, and Core, while fostering community involvement via initiatives such as the Gate.io Startup Voting Campaign offering a prize of $5,000.
As an analyst, I’ve observed that prominent organizations have taken a keen interest in World of Dypians. It appears to them that this project is genuine and substantial. [User’s comment on platform x]
Plena Finance (PLENA)
For approximately three years, Plena has been the pioneer in using Account Abstraction technology as the foundation for its Crypto Super App, a whole year ahead of Vitalik Buterin’s published paper on this tech. This innovative platform seamlessly blends the user-friendly nature of centralized applications while ensuring complete control over assets. By employing sophisticated account abstraction technology, Plena removes the requirement for its users to possess native tokens or have prior blockchain expertise.
This makes it easy for them to perform complex transactions. Beyond trading, Plena incorporates social networking and smart investment tools like chatting, sharing market insights, and Dollar-Cost Averaging, offering a secure, social, and sophisticated platform for community engagement and profitability.
On November 27 at noon UTC, the cryptocurrency all-in-one app, utilizing account abstraction technology, is set to debut its tokens. This ambitious project, with an estimated worth of $25 million, has successfully secured $6.3 million in private funding and an additional $500,000 publicly. The initial listing will be managed by Gate.io, and the team has already interacted with their community through airdrop promotions.
Major (MAJOR)
In simpler terms, the play-to-earn game known as Major, which is compatible with Telegram, has set its Token Generation Event (TGE) for November 28 at noon Universal Time Coordinated (UTC). After the TGE, the game will become available on trading platforms like Bybit, KuCoin, OKX, and Bitget. The innovative gameplay and task-based reward system of Major have attracted early enthusiasts.
Additionally to the Token Generation Event (TGE), the project includes a wallet within Telegram, allowing users to conduct transactions such as buying, selling, and transferring our primary cryptocurrency at no cost.
The MAJOR token is coming to your Telegram Wallet on November 28! Prepare to receive, trade, and send MAJOR tokens with your friends on Telegram without any charges. Keep an eye out as we’ll inform you when it’s time for you to claim your MAJOR tokens in the wallet.” – Telegram Wallet announcement.
Shieldeum (SDM)
Shieldeum, an AI-driven decentralized network for physical infrastructure (DePIN), is gearing up for its Token Generation Event (TGE) on November 28 at 1:00 p.m. UTC. The project has successfully secured $1.8 million in private investments and an additional $415,000 from public funding rounds, valuing the company at $9 million. After the TGE, listings will be available on exchanges such as KuCoin, MEXC, Gate.io, and PancakeSwap.
As a crypto investor, I’m keeping a close eye on the recent launches of tokens like Zircuit and HashKey. These Token Generation Events (TGEs) could potentially stir up quite a storm in the cryptocurrency market this week. Each TGE presents exciting chances for both investors and enthusiasts to delve into fresh blockchain innovations. Once these tokens become available on major exchanges, we’ll be eagerly monitoring their performance and assessing their potential impact on the broader crypto landscape.
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2024-11-25 19:11