MEXC Research: Overview of 15 New Projects (EFI, PLUT, CHAOS, etc.)
Overview of New Projects
This overview is based on real-time and dynamic cryptocurrency market data. It covers the primary and secondary market dynamics of the latest projects on the public blockchains, Polkadot ecosystem, DeFi, NFT, storage, and other tracks. In this issue, the list of new projects includes EFI, ICONS, PLUT, CHAOS, LITH, TRADE, FORM, and others.
Project Name: EFI (Efinity)
Project Introduction: Efinity is a cross-chain NFT public chain system based on Ethereum and Polkadot. It was developed by the Enjin team, who created the ERC-1155 NFT standard on Ethereum. Efinity will be able to provide an accessible and scalable solution through its partnership with Polkadot. Transaction fees on Efinity are designed to stay in the background, and end-users do not even need a blockchain wallet to confirm transactions within six seconds.
Information about the public sale: Efinity will open EFI public offerings in Coinlist on June 24, with a purchase limit of $100–500 USD per user and a public offering price of $0.20 USD. EFI will be released linearly for nine months, starting on August 4, 2021. Specific rules can be viewed by clicking on the link: https://coinlist.co/efinity-community-sale/
Information about private sale: Previously, Efinity raised $38.9 million USD in funding, with private sale of tokens at $0.05 USD, $0.06 USD, and $0.075 USD. Investment institutions that participated in the sale include Crypto.com Capital, DFG Group, Hashed, BlockTower, Blockchain.com Ventures, Hypersphere, LD Capital, HashKey Capital, Arrington XRP Capital, and others.
Project Name: POLO (PolkaPlay)
Project Introduction: Polkaplay is an NFT platform for content creation where users can create images, short videos, NFT, share content, and receive POLO awards.
Information about public sale: Polkaplay will offer POLO on Poolz and BSC Station on June 25 at a token price of $0.008 USD. Specific rules can be viewed by clicking on the link below: https://www.cryptonewsz.com/polkaplay-ido-on-poolz-finance-and-bsc-station/
Project Name: PLUT (Plutos Network)
Project Introduction: Plutos Network is a cross-chain synthetic asset issuance and derivative trading protocol that provides mining incentives and Staking benefits to users. By integrating blockchains such as Solana, Polkadot, and BSC to achieve on-chain and cross-chain liquidity and transactions, Plutos Network will provide users with issuance and trading services for a variety of sustainable and profitable synthetic products and connect traditional derivative markets.
Information about public sale: Plutos Network launched an IDO on TrustPad on June 22, selling PLUT for $0.30 USD with a maximum limit of $125,000 USD. Specific rules can be viewed by clicking on the link below:
Project Name: BACON (BaconDAO)
Project Introduction: BaconDAO is a community-driven incubator for cryptocurrencies and NFTs. In addition, BaconDAO publishes market analysis information every day to help investors make decisions.
Information about the public sale: BaconDAO launched Pre-IDO in Genpad on June 20, selling BACON tokens at a token price of $0.04 USD with a maximum limit of $80,000 USD. Specific rules can be viewed by clicking on the link below:
Project Name: TRADE (Polytrade)
Project Introduction: Polytrade is a blockchain-based decentralized lending protocol designed to optimize traditional receivables financing accounts. By connecting buyers, sellers, insurance companies, and investors, Polytrade brings safe and insured real-world assets to the cryptocurrency world. Although the project will start with trade financing as its focus, it will eventually develop into a full-stack lending protocol for small businesses.
Information about the public sale: Polytrade announced that it will hold an IDO in Polkastarter and sell TRADE tokens. It will soon release detailed information about the whitelist process, maximum and minimum limits, the number of whitelist addresses, and the schedule.
Information about private sale: Previously, Polytrade announced its $1.2 million USD financing round with 33 times oversubscription. The investors that participated include LD Capital, Axia8 Ventures, Spark Digital Capital, and others.
Project Name: ICONS (SportsIcon)
Project Introduction: SportsIcon is a blockchain project to make NFT-based sports scenes. The business model is to work with different athletes to develop 15 to 20 NFTs that represent iconic moments in their sports careers. These digital collections will include existing shots as well as exclusive content specifically created for collections by athletes and digital artists.
Information about the public sale: SportsIcon will launch an IDO on the Moostarter platform on June 23 at a price of $0.40 USD with a maximum limit $72,720 USD. Specific rules can be viewed by clicking on the link below:
Information about private sale: SportsIcon has previously completed a financing round led by celebrities in the sports industry, such as former NBA champion Andrew Bogut and NBA Top Shot founder and CEO of Dapper Labs, Roham Gharegozlou. Another well-known investor is Chad Hurley, the founder and former CEO of YouTube.
Project Name: FORM (Formation Fi)
Project Introduction: Formation Fi is a cross-chain yield aggregation platform. By introducing an algorithm to adjust the benchmark index on the main blockchain network, Formation Fi innovates how a portfolio is built and highly composable.
Information about the public sale: The Formation Fi token FORM was launched on June 18 on Pancakeswap and Uniswap with a public sale price of $0.03 USD and an initial market value of $223,219 USD. The other rules can be viewed by clicking on the link below: https://twitter.com/FormationFi/status/1404819005035233283
Information about private sale: Formation Fi previously announced the completion of a $3.3 million strategic financing round that attracted investment from the founders of well-known DeFi and Layer2 projects, including Bancor, Synthetix, and Polygon.
Project Name: TECH (Cryptomeda)
Project Introduction: Cryptomeda is a decentralized NFT ecosystem where users can trade NFT, manage game items, or participate in project voting. Cryptomeda is designed to create an interesting and secure NFT entertainment ecosystem for users.
Information about the public sale: Cryptomeda is offering the token TECH on the Cardstarter platform at a token price of $0.014 USD. Details of the schedule and whitelist will be released soon. For more info, click:
Information about private sale: Cryptomeda previously announced the completion of a $2.7 million financing round, led by AU21 Capital, X21, and Metrix Capital, and followed by Spark Digital, Blocksync Ventures, GD10 Ventures, Lotus Capital, Moonwhale, Kardia Ventures, and others.
Project Name: HAKA (Tribe One)
Project Introduction: Tribe One is a BSC-based AI-driven NFT and DeFi investment platform that covers credit risk, lending, storage, etc., to help users reach a true peer-to-peer, frictionless DeFi world.
Information about the public sale: TribeOne announced that it will launch an IDO on Ignition on June 23, selling HAKA in tokens at a public sale price of $0.11 USD with a maximum limit of $150,000 USD and an initial market value of $660,000 USD. The rules can be found by clicking the link below:
Project Name: NFTB (NFTb)
Project Introduction: NFTb is an NFT and digital commodity market based on the Binance Smart Chain. It provides a secure platform for both parties to conduct transactions.
Information about the public sale: NFTb completed its public sale on Bounce Certified on June 21 and sold NFTB for $120,000 USD at a unit price of $0.006 USD. Specific rules can be viewed by clicking on the link below:
Project Name: PINK (Dot Finance)
Project Introduction: DOT Finance is a DeFi application based on the Polkadot ecosystem, built at Polkadot’s base layer, and provides end-to-end solutions for DeFi and Web3.0 as a whole.
Information about the public sale: The Dot Finance token PINK was offered on June 18 on Ignition Launchpad at an IDO price of $0.0825 USD and an IDO cap of $300,000 USD. This launch was supported by PAID Network, Poolz, and BSCPad. Specific rules can be viewed by clicking on the link：
Project Name: CHAOS (ZKCHAOS)
Project Introduction: ZKCHAOS (CHAOS) is an anonymous trading protocol based on Layer2 and an NFT+ blockchain game platform.
Information about the public sale: ZKCHAOS has completed its public sale at Bounce.finance and BSC Station at a token price of $0.25 USD, with an expected sales volume of 640,000 tokens. It was launched on PancakeSwap on June 23.
Project Name: LITH (Lithium Finance)
Project Introduction: Lithium Finance is a decentralized oracle protocol that prices real-world illiquid assets.
Information about the public sale: On June 24, Lithium will hold its pre-IDO through Convergence and Solkastarter. A total of $100,000 USD worth of ƒLITH will be sold where $70,000 USD worth of tokens will be sold on Convergence, and the other $30,000 worth of tokens USD will be sold on Polkastarter. In the Pre-IDO, ƒLITH will sell for $0.0045 USD per token, and each user can purchase up to $200 ƒLITH. ƒLITH can be converted to LITH at a ratio of 1:1 six months after the pool closes.
Project Name: RNBW (HaloDAO)
Project Introduction: HaloDAO is a stablecoin protocol designed to bridge traditional and decentralized finance.
Information about the public sale: HaloDAO will hold a public sale on SushiSwap MISO on June 24. Users who are on the whitelist and passed KYC can participate in RNBW public sales. The total sales volume of this round of RNBW is 1 million tokens, and the token price is $0.35 USD.
Project Name: SCA (ScaleSwap)
Project Introduction: ScaleSwap is a Polygon-based, multi-chain trading platform that provides participant pools and allows users to enjoy the convenience of Polygon-supported L2 technologies such as fast transactions and low costs.
Information about the public sale: ScaleSwap will be launched on Layer-2 (Polygon) on June 25, 221, with a total sales volume of 500,000 tokens and a token price of $0.25 USD.
*This article is for sharing market information only. It does not represent the view of MEXC Research, nor is it a recommendation for investment.
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