If there is one major difference between the initial coin offering boom of 2017 and the current IDO scene, it is that the latter is founded on egalitarian principles such as community and inclusion.
This difference is evident in the way IDOs (short for initial DEX offer) reserve allocations to public backers rather than to pump-and-dump speculators; In fact, participants must “qualify” to participate in such rounds. These criteria include levels of engagement and long-term support, which means giving real stakeholders an advantage over those who can execute the fastest transactions with the most gas possible.
In fact, one recent analysis suggested that IDOs eventually have the potential to replace IPOs as the primary means by which companies raise funds and list them publicly. While it’s still early days, one thing is for sure: IDOs represent a great opportunity for investors to step into the ground floor of a promising venture. From thousands of active pre-IDO players to heavily overcrowded whitelists, the current portfolio of offerings includes a proven portfolio of teams and concepts with the potential to disrupt the industry as a whole.
In no particular order, here are the top five upcoming IDOs based on community, traction, excitement, and opportunity.
Swash aims to rebalance the $3 trillion data economy in a way that is user-centric and maintains privacy. Founded two years ago by a team of cybersecurity and blockchain veterans, the project allows businesses, developers, and individuals to benefit from a reimagined collaborative ecosystem where businesses gain access to high-quality data at scale — and end users take back their valuable information. a personality.
Swash’s IDO whitelist recently closed at over 45,000 orders, the event started at the Gnosis Auction and will conclude the next day at 23:59:59 UTC. The Local Cross-Chain Governance and Utility Token ($SWASH) has various functions within the ecosystem, particularly as an exchange unit for buying and selling data and services. A step-by-step guide to participating in Swash IDO is available here.
Ariadne is a chain-neutral DeFi marketplace focused on lowering fees and eliminating friction in decentralized finance. By reducing exchange and bridging costs for both EVM and non-EVM blockchains — including Polygon, BSC, Ethereum, and Aurora (NEAR) — Ariadne makes it easier to capitalize on various opportunities in this current bull market.
With plans to support additional networks early next year (Avalanche, Phantom), the project could be a godsend for DeFi traders operating across multiple chains. Ariadne’s IDO is made on the Impossible Launchpad, with a pool of $150,000 of ARDN tokens dedicated to standard and unlimited sale, about 1.2% of the total supply. All the details – staking limits, vesting schedule, etc. – can be found here.
Another project with DeFi optimization on its mind is Pollen, an asset management tool that goes beyond cropping and AMMs. Built around a community-governed consensus layer, the dApp allows users to coordinate custom asset pools that are constantly recalibrated and improved based on market opportunities and conditions.
Meanwhile, the protocol’s original token represents a reward system that incentivizes traders to actively create proposals to improve portfolios for the benefit of society. Pollen is currently preparing to sell the US dollar PLN token on November 8 via the Launchpool platform on BSC, with the process ending nine days later on November 17. All relevant details are available at the link above.
4. Pocket Square
Pocket Arena is a project that operates at the intersection of gaming and DeFi – or gamefi, as it is now known. NFT Game Portal is a mobile-first NFT game portal, founded at the height of the original ICO boom, Pocket Arena supports several major venture capital funds (Signum Capital, Unanimous Capital) and is currently focused on promoting Castle Defense, a medieval game skill, Where players wage war, form guilds, buy and rent plots, and earn tokens.
Pocket Arena IDO will see 750K POC tokens available. The event appears on the PAID network’s ignition launch pad, and the event gives supporters the opportunity to pocket, as it were, the auxiliary tokens required to interact with the rapidly growing NFT protocol. After launch, there are plans to include the POC in the flagship BSC-based DEX PancakeSwap.
5. Good Games Guild
Good Games Guild is another gamefi project that catches the eye in the cryptosphere. This blockchain-based gaming hub aims to create the world’s largest virtual global economy by generating value for gamers and NFT collectors alike. A bold ambition, for sure, but he will face fierce competition in the coming years.
Before you even think about world domination, GGG is gearing up to launch an IDO trio on Seedify, Ignition, and MoonStarter in early November. Collectively, IDO will help the platform raise $360,000, with 1.2 million original tokens for grabs. Backed by several high-profile venture capital firms (AU21 Capital, NGC Ventures), Good Games Guild is built on the belief that “everyone can make a living from gaming”. Whether this is true or not, his IDO is designed to attract a lot of attention.