Best TGEs to Watch This Week: QUILL, NET, DYOR, and More
December 2, 2024
This week sees several major token generation events (TGEs) across diverse sectors, including decentralized finance (DeFi), gaming, liquidity markets, and decentralized exchanges (DEXs).
A TGE represents an important milestone for cryptocurrency projects, involving the creation and distribution of tokens to investors, users, or the public. It often follows fundraising and product development, and serves as a crucial step in launching a new token. Here’s an overview of the top TGEs to watch this week.
Ink Finance (QUILL)
Ink Finance, a DeFi engine designed for protocols, DAOs, and real-world assets (RWAs), has already made a strong impact. After a $5 million private fundraising round, its public token offering has raised $3.3 million, backed by Republic Capital, Draper Dragon, and Revere VC, among others.
The project’s TGE event will take place on Monday, December 2, at 10:00 AM UTC, and listings are planned on KuCoin and BingX exchanges. As of the latest round, the project was valued at $60 million.
“We are opening the next chapter of collaborative DeFi,” Ink Finance said.
Meanwhile, ahead of TGE, the project said it has partnered with Ape Terminal, a launchpad known for its strong security and transparency, to ensure a smooth and secure initial DEX offering (IDO). Amid the TGE frenzy, the team also warned users about fake QUILL tokens, a common challenge in crypto markets.
Nektar Network, a liquidity marketplace and infrastructure, simplifies liquidity aggregation via a decentralized asset manager (DAM). The project recently successfully completed its public token launch pool. It was valued at $100 million as of the last round.
The project has also been actively preparing for its TGE, scheduled for December 3, 12:00 PM UTC. The token will also be listed on Gate.io and MEXC. With plans to make the NET token transferable, the platform boasts a growing user base and robust infrastructure. The TGE could pave the way for Nektar to redefine liquidity markets.
DYOR LABS aims to revolutionize crypto discovery and trading. It has raised $3.5 million in private funding and $720,000 in an IPO. The latest round valued the venture at $10.5 million.
MetaFight, an MMA-inspired card game on Immutable, combines blockchain technology with the passion of combat sports. After raising nearly $1 million in private funding and $650,000 through an IPO, the project was valued at $17.5 million in its latest round.
Upcoming milestones include the launch of the MetaFight Experience and the beta version of its game.
Altcoinist (ALTT)
Ahead of TGE, scheduled for December 4, Altcoinist has hosted three IDOs across leading launch platforms like Seedify and ChainGPT Pad, further strengthening its presence in the market.
Goat
GOATS offers a peer-to-peer (P2E) gaming ecosystem where users earn rewards by collecting points. Its unique IPO structure is based on mining rather than traditional fundraising. The TGE date is December 5, 10:00 AM UTC, with plans to list on KuCoin, Bitget, Gate.io, and BitMart.
The project announced a loyalty reward for users who hold their GOATS tokens in the app until December 5, adding a 10% bonus to their balance.
“This is more than just an inclusion—it’s the beginning of a bold new chapter for GOATS,” the team confirmed.
Synfutures (F)
SynFutures, a decentralized derivatives exchange, is introducing its F token in conjunction with the launch of the SynFutures Foundation. TGE is December 6, 10:00 AM UTC, and plans to list on Bybit and Gate.io. With $36 million in private funding raised, the project aims to create a permissionless financial system.
The F token will offer governance rights, airdrop increases, fee discounts, and rewards to its holders. The total supply of 10 billion will be distributed among community members, the foundation’s treasury, and other stakeholders.
“SynFutures will oversee growth, manage proposals, and collaborate with partners,” the team said in a recent announcement.
This week’s TGEs represent a diverse array of new projects in the blockchain space, ranging from DeFi solutions to gaming platforms and liquidity pools. These launches signal continued innovation in the cryptocurrency sector, providing opportunities for investors and tech enthusiasts alike.