A wave of latest Layer-1, Layer-2, DeFi such MegaETH, Monad.. are making ready to launch their tokens.
Among the many lots of of tasks at present in testnet or with introduced TGE plans, a couple of stand out because of their robust consumer traction and spectacular fundraising efficiency.
This text highlights the ten most notable tasks, chosen primarily based on two key standards: actual consumer engagement and the quantity of capital efficiently raised.
Prime 10 Finest Tasks Earlier than TGE
Polymarket
Polymarket is among the most noteworthy upcoming tasks, functioning as a decentralized prediction market the place customers can wager on real-world occasion outcomes. The platform has shortly gained over a million customers, because of its transparency, intuitive interface, and excessive sensible utility.
With over $70 million in funding from distinguished backers like Normal Catalyst, Peter Thiel, and Balaji Srinivasan, Polymarket is seen as a possible enter knowledge layer for future DeFi protocols. As a decentralized prediction mannequin, it may additionally function an “oracle” layer inside the broader Web3 ecosystem.
Supply: Dune
Farcaster
Farcaster is a decentralized social networking protocol that’s gaining vital consideration for its open structure and the flexibility to let anybody construct social apps on high of its infrastructure. In contrast to centralized Web2 platforms, Farcaster shops all interplay knowledge on-chain, guaranteeing consumer knowledge possession.
The undertaking has raised roughly $150 million and at present has over 350,000 lively accounts. One among Farcaster’s standout options is “frames,” which permits customers to work together instantly with content material from different apps with out leaving the platform.
Just lately, the undertaking’s founders – Dan Romero, have hinted at potential airdrop farming mechanisms, resembling creating frames, every day engagement, and constructing purposes utilizing the Farcaster protocol.
Given its present development momentum, Farcaster is broadly anticipated to launch a token in 2025, probably accompanied by a serious airdrop marketing campaign for lively contributors.
MetaMask
MetaMask, the decentralized pockets developed by ConsenSys, is at present probably the most broadly used purposes within the Web3 area, boasting over 30 million month-to-month lively customers. Because of its browser-native integration and multi-chain help, MetaMask serves as the first gateway for tens of millions of customers coming into the world of DeFi and NFTs.
Though MetaMask has not but launched a token, the event staff has hinted at a possible retroactive airdrop. With over $200 million in funding, the query is not if MetaMask will launch a token, however when.
Supply: Dune
Monad
Monad is an rising Layer-1 blockchain aiming to compete instantly with Ethereum by adopting a parallelized EVM structure, which permits for sooner and extra cost-efficient transaction processing. What units Monad aside is its capability to execute transactions in parallel, in contrast to Ethereum’s conventional sequential mannequin.
With over $225 million in funding from main traders resembling Polychain and Paradigm, Monad has launched its testnet and attracted vital neighborhood participation by means of initiatives just like the Monad2048 recreation. Its deal with neighborhood constructing previous to token launch displays a long-term technique, and the undertaking is extremely regarded for its TGE potential in 2025.
MegaETH
MegaETH is a brand new Layer-2 community on Ethereum, designed for parallel processing and constructed with excessive efficiency in thoughts. The undertaking gained vital consideration locally after asserting the completion of a $20 million seed funding spherical in June 2024.
The spherical was led by Dragonfly Capital, with participation from funds resembling Figment Capital, Robotic Ventures, Huge Mind Holdings, and distinguished angel traders together with Vitalik Buterin (Ethereum co-founder) and Joseph Lubin (ConsenSys CEO).
MegaETH’s roadmap features a public testnet launch in early fall 2025 and a mainnet launch by the top of 2025. Upon mainnet launch, MegaETH plans to introduce a local token, which might be used for staking, ecosystem rewards, and governance by means of a DAO.
Learn extra: MegaETH Airdrop Information: Earn the Unique Airdrop Distribution
Karak
Karak is a undertaking working within the rising discipline of restaking, competing instantly with EigenLayer – the present chief on this sector. Restaking is a novel development permitting customers to leverage staked property to take part in further providers, aiming to maximise returns.
Having raised roughly $50 million, Karak has drawn consideration on account of its numerous vary of AVS choices and lively improvement neighborhood. With engaging tokenomics and robust real-world demand, Karak is poised to grow to be probably the most vital restaking tokens to launch this yr.
Succinct
Succinct is creating a ZK verifier service as a plug-in, permitting straightforward integration into any blockchain. This answer goals to simplify the verification course of utilizing zero-knowledge proofs – a important part in high-security purposes and rollups.
Backed by over $55 million from distinguished traders like Paradigm and Robotic Ventures, Succinct positions itself as an infrastructure layer for the zk discipline, much like what Chainlink provides for knowledge oracles. If it launches a token, Succinct may considerably broaden by means of a mannequin that incentivizes utilization and verifier staking.
OpenSea
OpenSea, the oldest and largest NFT market, has raised over $425 million and was a logo of the NFT wave throughout 2021–2022. Regardless of going through robust competitors from platforms resembling Blur and Magic Eden, OpenSea continues to take care of excessive buying and selling volumes and a secure consumer base.
Launching a local token may set off a brand new development wave for OpenSea, particularly because the NFT market enters a restoration cycle. If applied with a good distribution mannequin like a retroactive airdrop, OpenSea’s token may grow to be a major catalyst for your complete NFT ecosystem.
Linea
ConsenSys, the corporate behind MetaMask, developed Linea as a Layer-2 zkEVM answer. Linea goals to mix the safety of ZK Rollups with EVM compatibility and is actively testing its community on each the testnet and mainnet by means of campaigns like Linea Voyage.
Though Linea has confirmed its token launch, the staff has repeatedly delayed the precise deployment. Nevertheless, this hasn’t dampened neighborhood expectations, particularly provided that the platform has attracted tens of millions of take a look at customers and accrued vital engagement by means of clearly structured retroactive campaigns.
With its substantial consumer base and robust backing from the ConsenSys ecosystem, the chance of Linea conducting a retroactive airdrop stays very excessive. This presents a major alternative for early adopters, particularly those that have actively contributed by means of take a look at campaigns from early 2024 till now.
Despite the fact that there’s no remaining official affirmation relating to the precise timing of the token launch, given the precedents set by tasks like Arbitrum and Optimism, the potential for a retroactive airdrop from Linea stays robust. This definitely provides a pretty alternative for customers actively participating early with the ecosystem.
GiveRep
GiveRep is an rising SocialFi platform constructed on the Sui blockchain, designed to remodel your social media engagement into measurable on-chain popularity factors referred to as $REP. By interacting on X with Web3-related content material, customers can earn $REP factors, which can qualify them for future airdrops and different rewards.
Along with the ten tasks highlighted above, different initiatives resembling Somnia, Lens Chain, Linera, Mitosis, Summary, and extra additionally deserve consideration on account of their lively improvement efforts and the numerous potential of their ecosystems.
Learn extra: Buying and selling with Free Crypto Alerts in Night Dealer Channel
