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HomeCrypto NewsSeedworld IDO Is on the Horizon, as Part of the IDO Comeback
Crypto News

Seedworld IDO Is on the Horizon, as Part of the IDO Comeback

With improving market conditions, IDOs are making their way back into the market. We look at 3 upcoming IDOs, including the Seedworld IDO.

SStu L•Oct 23, 2024
Seedworld

IDOs are starting to make a comeback in the market. This is a sign that market conditions are getting better. Projects are feeling more comfortable launching this quarter than in the first half of the year. And some IDOs can give us face-melting returns if they have the combination of, 

  • Good project

  • Good narrative like AI for instance

  • Decent tokenomics

  • Good timing when hitting the market

  • And a little good fortune.

Today we have 3 we think fit these criteria and are worth a second look. The Seedworld and other IDOs are coming up soon, so get yourself ready by whitelisting on your favorite launchpads.

Kima Network ($KIMA)

Our first early-stage opportunity today is Kima Network. Kima is in DeFi and calls itself a money transfer protocol. Its goal is to let anyone send any money they want, while the recipient receives any money they want. And that means any currency across Web2 or token across Web3. One way they are making this happen is their deep partnership and incubation with Mastercard.

RWA platforms offering asset tokenization and seamless e-commerce payments from anyone, anywhere in the world are just 2 practical high-value use cases you get from Kima Network’s system. 

We talk about interoperability a lot here and how valuable it is. But few protocols are able to make it happen. Chains by definition can’t as they are limited by their technology. Even wallets often have gaps with either the Solana ecosystem, Cosmos IBC ecosystem, or Bitcoin and its ecosystem.

So the idea of all money anywhere in and the money you want coming back out is a simple idea, but far from easy. Mastercard’s payment rails and stablecoin payment rails do make it easier. Yet, no one has cracked the code on this yet.

But Kima Network thinks they will. Their team is an amazing mix of crypto executives and Web2 leaders from tech and payments.

Kima also uses TEE or Trusted Execution Environments to ensure there is at least some transactional privacy, so everyone can’t see all your transactions on-chain. TEE is the same privacy tech that Secret Network uses.

The $KIMA Token

Given this powerful backing, you can expect that not long after the IDO that there will be CEX listings for the $KIMA token.

The IDO will take place on ChainGPT where they will raise $650,000 at an opening price of 21.4c per $KIMA.  That price is based in USDT and on the Arbitrum network.

The IDO is listed as upcoming, so stay tuned to ChainGPT and Kima Network’s X account for the details.

Solstorm ($STORM)

Our next opportunity is Solstorm. This is a Solana project. It’s borne from Solana being a victim of its own successes. The successes we are talking about here are in memecoins. Solana clearly dominates the market now in this crazy corner of crypto. And Solstorm has a Meme OTC marketplace for memecoin traders to trade with each other. 

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The memecoin success created a problem, though. Creating a memecoin or any coin on SOL or an SPL token is easier than ever. So what do more involved apps and protocols do when trying to launch their projects? Like the Solana equivalent of Uniswap or maybe a decentralized bridge. What do they do?

Many of the current apps and protocols did like Orca but started elsewhere and migrated over to Solana. But a DeFi protocol or a game or a bridge? What do they do?

Solstorm wants to solve this problem with an automated SOL-only launchpad. If you check out their projects list, you can see they are launching memecoins too. That’s a smart strategy, especially for now. As Solana grows, utility projects will need places to launch too. That’s Solstorm’s goal. Aside from the launchpad and the meme OTC marketplace, they also offer

  • Staking many SOL and SPL tokens including memes
  • Quests to earn $STORM tokens as part of an upcoming airdrop
  • Full DEX with swapping, bridging and an Onramper integration to on-ramp and off-ramp to fiat
  • And a leaderboard and whaleboard for both wallet tracking and gamifying the experience.

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The $STORM Token

The $STORM token IDO will take place soon with our friends at Seedify. Registration hasn’t started yet, but we expect it any day now. This IDO will be refundable and payable in USDT on Solana. 

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If you like what you’ve heard on this one or think investing in Solana memecoin infrastructure is for you, then there is still time to sign up on Seedify so you can get on the whitelist. But I wouldn’t wait too long to get that taken care of.

Seedworld ($SWORLD)

Seedworld is bringing user-generated content and gaming together in a way we’ve never seen before. UGC is one of the hot ways for projects to get noticed and get traction early. Seedworld has this built into the platform.

It’s so interactive that you can create a set of tasks to get through a complex of caves, and then everyone playing the game gets to go on the quest you created.

Seedworld has an in-game currency called $AME. It and the $SWORLD token work hand-in-hand with each other. $SWORLD is the way to connect your Seedworld money with the outside world.

Their first game is a survival game called Beyond The Keep. It’s a PvP game with the UGC element I described earlier.

The $SWORLD Token

The $SWORLD token will have its IDO on Seedify. No date has been set yet. But it is coming soon, so we recommend you getting registered and whitelisted right away so you don’t miss it.

Disclaimer

The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment and informational purposes only. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance of the writer/reviewers, and their risk tolerance may be different from yours.

We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments, so please do your due diligence. This article has been sponsored by Seedworld.

Copyright Altcoin Buzz Pte Ltd.

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