Early Token Offerings on TON: Overview of ESTO 2024
The TON blockchain world is developing rapidly, and Early Token Offerings (ESTO) play a key role in this process. These offerings not only allow startups to raise funds but also give investors the opportunity to enter projects at the earliest stages.
Why Invest Early?
Early-stage tokens offer unique opportunities. When you invest before listing, you often buy tokens at a price significantly lower than the market rate. Once the project hits the exchange, the token price can skyrocket, giving early investors an advantage. Plus, many projects offer high APY staking and bonuses for those who support them from the beginning.
Participating in Presales
A presale is a practice used by crypto projects before their Initial Coin Offering (ICO), where tokens are sold to interested parties at a predetermined price. This is beneficial for both developers and investors, and it often generates hype around the project before its market debut. However, this phase carries risks: if the project fails, investors may be left with worthless tokens.
Check out our article to learn more about how to participate in presales and the pros and cons of doing so.
Swap.coffee Presale
The Swap.coffee presale in June was one of the most successful this year, raising 200,000 TON ($1,180,000) in less than two days.
Swap.coffee is a DeFi project for secure over-the-counter (OTC) crypto transactions. The platform uses blockchain and smart contracts, ensuring security and transparency without intermediaries. Users control the terms of deals, and the interface is user-friendly even for beginners.
The CES token is supported by staking and limited issuance. Transaction fees are distributed among stakers, providing a steady income and stable token value.
Things Token Presale
Things Token is the first project on the TON blockchain aimed at tokenizing real-world assets (RWA). Its primary goal is to simplify the buying and selling of assets through an innovative platform. The project includes two tokens: $THNGP, which gives voting rights in the DAO and participates in mining, and $THNG, freely tradable for transactions.
The $THNGP token presale began on June 14, 2024, on DYOR.io. Fifty percent of the issuance will be distributed through mining, and 20% through the presale. Users can already start mining. The DAO will operate through a mini-app in Telegram, allowing $THNGP holders to vote on key project decisions.
The asset tokenization platform is scheduled to launch this year, providing users with the opportunity to tokenize and trade real assets.
Initial DEX Offering (IDO)
Another way to participate in early-stage investments is through Initial DEX Offerings (IDOs). Unlike ICOs, IDOs take place on decentralized platforms, allowing projects to gain liquidity and transparency immediately. To participate in an IDO, investors add liquidity to trading pools on DEXs, receiving project tokens in return. This method is safer and more efficient as DEX already supports interactions between investors and the project.
STORM IDO
The STORM token was launched on the Magic launchpad in July.
The STORM token is a crucial element of the Storm Trade exchange ecosystem, connecting stakeholders, traders, and liquidity providers. With a total supply of 1 billion tokens, STORM is designed to improve liquidity efficiency and optimize the trading experience on the platform.
STORM Tokenomics includes the following:
Ticker: STORM
Total Supply: 1,000,000,000 STORM
Token Distribution:
- IDO: 4.2%
- Community and Ecosystem: 30%
- Investors: 17.9%
- Advisors: 5%
- Liquidity: 10%
- Team: 15%
- Airdrop: 3.5%
- Reserve: 14.4%
Main Features of STORM:
- Commission Distribution: 30% of the protocol’s fees are distributed among stakers.
- Payment of Fees: STORM tokens can be used to pay fees on Storm Trade.
- Discounts: Users can lock STORM tokens to receive discounts on trading fees.
- Access to Exclusive Community: Owners of Market Makers NFT will gain access to the exclusive Storm Trade community.
- Ambassador Rewards: In the future, users will be able to earn STORM tokens through an ambassador program.
Airdrop Hunts
Airdrops are another exciting way to receive tokens early. Projects distribute free tokens to early users in exchange for completing tasks such as community participation, providing liquidity, staking, and more. This is an effective way for projects to attract attention and build an active community, while users gain the chance to enter projects with little or no investment.
Upcoming Airdrops in 2024
Lost Dogs is a Telegram game from the creators of Notcoin, where players make decisions that affect the story. This is not just a clicker, but a quest with NFT characters. The game lasts six weeks, where the community’s daily choices determine the storyline. Players earn $NOT and $WOOF - the in-game currency - by participating in votes and completing tasks. Over 85% of the total $WOOF supply has been mined in just 42 days, and the remaining tokens will be distributed in two activities planned for October. After this, preparations for listing will begin, which could become one of the largest meme coin events of the year.
Catizen is a cryptocurrency game-bot in Telegram that combines gaming with crypto trading. Players create and develop a cat house where they breed virtual cats, which can be crossed to mine in-game currency. Progress in the game unlocks new features and boosts that accelerate coin mining. The more and higher-level the cats, the greater the income they generate. Catizen announced that its CATI token will launch on September 20, following a delay from July. It is expected that an airdrop will take place on the day of the launch or shortly after.
Furthermore, airdrops are also expected from several projects this year, such as Hamster Kombat, MemeFi, X Empire, TapSwap, and Blum, which we highlighted in this article.
Fair Launch
In a Fair Launch, there are no privileged participants - everyone has an equal chance to buy tokens. Everyone gets equal access to the project, and token distribution is conducted fairly and transparently. This can apply to all other ESTOs; for example, an IDO can be a Fair Launch, but a Fair Launch is not necessarily an IDO.
TON CAT ($TCAT)
TCAT launched on the GasPump launchpad and became one of the most successful tokens on the platform.
GasPump is a launchpad on TON that allows anyone to easily launch their token, providing a fair launch with guaranteed liquidity.
TCAT is a meme token created in honor of meow, the founder of Jupiter Exchange. The project is now run by the GHOST group, promoting the PPP (Player Pump Player) concept, aimed at collaboration rather than competition like in the PVP (Player vs Player) model. The $TCAT project reduces the number of circulating tokens through burning, making them more valuable.
Participation in Launchpads
Launchpads are specialized platforms where crypto projects raise funds before their public launch. By participating through a launchpad, investors get early access to token sales, buying them at low prices or through staking. They simplify the token launch process and make it safe and convenient for all participants.
A good launchpad should prioritize thorough research and deep project evaluation before launching them. This hidden but extremely important part of the process is essential for investor confidence. After conducting all necessary checks, the launchpad opens the token sale, where participants have the opportunity to buy project tokens at the earliest stage, gaining an advantage over the mass market.
Several launchpads exist on the TON blockchain. Let’s take a closer look at some of them.
Tonstarter
Tonstarter is a leading platform based on The Open Network, providing teams the opportunity to raise capital through public and private token sales, as well as incubate their products. Thanks to carefully selected projects, investors gain access only to the most verified initiatives.
This platform is not limited to IDOs. Tonstarter represents a complete ecosystem for supporting and developing projects at all stages of their lifecycle. An important advantage and sign of high trust in the platform is its close collaboration with key representatives of the TON Foundation, and project financing and incubation are supported by The Open Platform (ex FS Labs).
TON INU
TON INU Launchpad is a convenient platform for launching cryptocurrency projects on the TON blockchain, allowing users to create and manage presales. The platform guarantees security and transparency, attracting the attention of investors and the community.
Ton Inu offers a wide range of tools and services, including:
- A launchpad for safely launching tokens
- Jetton Creator for easy token creation
- Locker for liquidity locking
- Airdrops for token distribution
- BuyBot for transaction notifications
- TON INU Scanner and TON INU Tracker for tracking information about tokens and wallets on the TON blockchain.
These tools help develop projects and interact with the TON ecosystem as efficiently as possible.
PizzaTon
PizzaTON is a powerful Web3 platform created to support innovative projects and connect them with active communities. Key features of PizzaTON Launchpad include:
- Minting for Jetton, NFT, and SBT
- LNFT Launchpad for creating, auctioning, and distributing LNFT collections
- Token pre-sales for liquidity raising
- Airdrop Management for managing and distributing airdrops
- Token Swap for token exchanges on the platform
- Token Locker for ensuring the security of investors’ tokens.
PizzaTON provides equal opportunities for all participants and protects investors from fraud, ensuring transparency and fairness.
Conclusion
The TON blockchain offers a wide range of opportunities and activities for those ready to immerse themselves in its ecosystem. Here, everyone can participate in exciting events at the earliest stages, such as IDOs, launchpads, airdrops, and much more. For users, this is not just a chance to support young projects, but also an opportunity to acquire tokens on favorable terms and take advantage of bonuses that are not always available at later stages.
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