The cryptocurrency industry is going through a challenging time, but its growth continues, also with new cryptocurrencies and projects joining the space funded by token pre-sales known as Initial Coin Offering (ICO), Initial DEX Offering (IDO) or Exchange offers (IEO) are initially known.
Over the coming period, the industry will welcome several digital assets in this way, including Koakuma (KKMA), LEND (LEND), SOLA-X (SAX), and Kryptview (KVT), all of which have set their first fundraising schedules in three months in 2023.
Koakuma (KKMA)
The native token of a play-to-earn (P2E) MMORPG adventure game Koakuma, KKMA serves as a payment method for upgrading, enchanting, forging, smelting skill runes, making purchases, and game management.
Its IDO is scheduled to start on December 31, 2022, during which 5 million ERC20 (built on the Ethereum blockchain) KKMA tokens will be available for purchase at a price of $0.03. The goal of the fundraising process is to raise at least $150,000.
LENT (LENT)
Created on the BNB Smart Chain, LEND is a BEP20 token of the eponymous multi-chain lending protocol, facilitating lending and borrowing on Ethereum (ETH), BNB Chain and Polygon (MATIC), for which the ICO will take place on May 4th It will begin on January 01, 2023 and is scheduled to be completed by January 11, 2023 according to CoinMarketCap data retrieved on December 26th.
During the sale, buyers can purchase 5 million LEND (0.5% of the total supply) at a price of $0.07 with the goal of raising $350,000. The soft cap (minimum amount that needs to be raised for the ICO to be successful) is $50,000, with a personal cap of between $100 and $10,000.
SOLA-X (SAX)
Between March 24th and March 31st, 2023 there will be an IDO for SOLA-X (SAX), the intelligent liquidity protocol built on the Solana (SOL) blockchain, with the aim of automating market makers (AMMs) through the development of flexibility and dynamism to reinvent liquidity pools.
With this in mind, the first sale offers 20 million SAX (4% of total supply) priced at $0.05, with a soft cap of $100,000 and a fundraising goal of $1 million. The personal ceiling for the project is between 100 and 2,000 USDC.
Cryptoview (KVT)
Finally, KVT is a utility token of Kryptview, an automatically structured data platform for crypto community research and insight sharing that rewards users for their contribution to creating rigorous fundamental analysis of digital assets.
Buyers can purchase 37,352,941 BEP20 KVT tokens between March 26 and March 31, 2023, representing 12.5% of the coin’s total supply at a price of $0.5 and a personal cap of between $200 and $6,000.
Whether these tokens succeed in convincing investors that they are worth their time and money remains to be seen. Additionally, their future success will depend on the feasibility of the underlying projects, sentiment in the broader crypto market, as well as global macroeconomic conditions.
Disclaimer: The content of this website should not be construed as investment advice. Investing is speculative. When investing, your capital is at risk.
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