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A look back at the digital assets launched in May 2024 and the public token distribution methods they used. Sorted by fully diluted valuation.
BB, NOT, MODE, NYAN, PARAM - CEX farming + airdrop
MON, LFT, SQD - Public sale+airdrop.
DRIFT, HLG - Airdrop.
Ethereum L2 Taiko will launch its token TAIKO on June 5. Taiko claim page is live. 5% of the initial token supply will be available for claiming by Taiko users.
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L2 Fuel Network announced its public testnet on Sepolia. Users can get testnet ETH, try bridging assets to Fuel. Fuel raised $81M during several rounds from Blockchain Capital, Stratos, CoinFund, Bain Capital and others.
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Neynar, a company providing tools for developers to build decentralized social networks, announced its Series A funding of $11M led by Haun Ventures with participation from a16z, CSX, Coinbase Ventures, and Union Square Ventures.
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A Bitcoin staking infrastructure project Babylon Chain raises $70M. The round was led by Paradigm with participation from Polychain, Bullish Capital, Hashkey Capital and others.
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Web3 gaming startup Ultiverse (ULTI) will be available for farming on OKX Jumpstart as of June 3. Users will be able to stake their BTC or ETH on OKX App to farm ULTI tokens till June 6. 3% (300M ULTI) of the total token supply to be offered on the platform. ULTI trading will go live on June 6.
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TAP Protocol (TAP) will have a token sale on CoinList stating May 29. Users can apply for allocation till June 5. 1.57M TAP (7.5% of the total supply) to be offered at $3.57 per token at $75M fully diluted valuation. Vesting: 10% at TGE + 12 months linear release. Tap Protocol is building a Bitcoin Ordinals-based development platform.
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Bybit ByStarter is hosting Taiko (TKO) token sale at $2B FDV. Registration period: May 29-June 6. 1M TKO (0.1% of 1B total supply of TKO) to be offered on the platform at $2 per token ($2B FDV). Users are required to hold 100+ USDT on Bybit in order to participate.
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