This month’s edition of the Top IDO and project launches brings us an exciting mix of robust DeFi protocols, NFT experiences, and niche blockchain use cases with tremendous potential. With Ethereum breaking a new all-time high, the timing couldn’t be better for new launches. This list represents some of the most exciting projects in May based on concept, launch execution, investor backing, and traction within the crypto community.
1. Wilder World ($WILD)
Wilder World is a community-owned, fully decentralized, liquid NFT market and social platform started by acclaimed artist and entrepreneur Frank Wilder. In collaboration with Zero.Space, Wilder World enables multi-leveled, photorealistic and mixed reality worlds where Wilders roam freely, acquire virtual land and express themselves through unique avatars, decorative assets and fashionable accessories. Wilder World is fully owned and governed by its community — creators, players and fans alike are enabled to participate via the Wilder DAO on the Ethereum blockchain.
Wilder World is conducting an IDO today on May 11th on Polkastarter.
2. SteakBank ($SBF)
SteakBank is a multi-asset staking platform for users to participate in validating the respective chain, while at the same time freeing the value locked in it. This is done by issuing a BEP20 liquid derivative token representing the staked token’s value on the Binance Smart Chain (BSC). The company has attracted over $20 million in total value locked (TVL) and counting due to greater APY with compounded yields and attractive staking rewards using SteakBank’s automated dynamic staking strategy.
SteakBank will be offering a community sale and listing on May 11th.
3. Spherium ($SPH)
Spherium is a decentralized and borderless financial ecosystem that aims to provide a circular consensus economy for DeFi while offering a convenient solution to the current fragmentation seen in the industry. Spherium does this by offering a unified platform that offers cross-platform functionality, mobile-first AMM, decentralized money markets, a user-friendly experience, and multi-wallet integration. Spherium will offer users complete control of their finances while being able to manage and trade assets on large liquidity pools cost-effectively & efficiently.
Spherium will be conducting an IDO in May, with more details to follow.
4. ArGo ($ARGO)
ArGo provides a decentralized, secure, and permanent deployment of web d’Apps that safeguards the integrity of the internet. It improves the centralized internet’s strengths while getting rid of the weaknesses created through centralization. Most importantly, ArGo ensures that you influence the direction of the new web through a tokenized governance model. Using Arweave, ArGo’s blockchain protocol, ArGo allows user data to be distributed among numerous miners and allows for the securing of data from central control, while ensuring privacy.
ArGo will be conducting an IDO on May 12th on PAID Ignition.
5. PERI Finance ($PERI)
PERI Finance is fresh off of a $4.7 million fund raise from some of the leading blockchain investors looking to support PERI’s mission of building a decentralized cross-chain synthetic issuance and derivative exchange protocol that provides unlimited liquidity on the Polkadot network. PERI provides an opportunity for users to access a wide range of traditional and crypto assets in the forms of leveraged and non-leveraged synthetic products. This comes with additional benefits such as lower GAS fees, fast transactions, and strong security from front-running bots and flash loans.
6. Plutos Network ($PLUT)
Plutos Network is a cross-chain synthetic issuance platform which introduces mining incentives and staking rewards to users. By integrating blockchains such as Polkadot, BSC, and Solana, enabling on-chain and cross-chain liquidity and trading, Plutos Network is to offer users synthetic issuance and trading services for a wide range of synthetic products which are sustainable, profitable, and disruptive to the traditional derivative market.
Plutos is launching an IDO tentatively at the end of May with more details to follow.
7. EPIK Prime ($EPIK)
EPIK Prime is an NFT platform working with AAA gaming platforms and giant entertainment IP brands to create in-game NFT goods and marketplaces. It is widely considered to be the leading B2B NFT platform with years of experience as the world’s leading digital agency putting brands into games. Their roster includes some of the biggest names in the entertainment industry such as Tencent, Garena, Universal, and more. With a collaborative and macro view of growing the industry as a whole, EPIK Prime works with hundreds of crypto and non-crypto companies and is well positioned to be one of the most influential and important players in the space.
EPIK Prime will be tentatively conducting an IDO on DaoMaker with more details to follow.
8. NFTify ($N1)
NFTify is building the Shopify for NFTs using blockchain technology and advanced e-commerce features and functionality. Using NFTify, small businesses can create their own NFT store without coding and easily issue NFTs while maintaining the integrity of their store by protecting against fakes and copyright infringements. The fully customizable platform will also reap other benefits such as low costs and ease of use by being built on PolkaFoundry for Polkadot. NFTify recently announced it raised $2.1 million from some of the leading blockchain investors.
NFTify will conduct a Dual IDO on the PAID Ignition and PolkaFoundry Red Kite launchpads.
9. Dfyn ($DFYN)
Dfyn is a multi-chain DEX that is blockchain agnostic, scalable, highly liquid, and fast. Dfyn will allow the DeFi community to seamlessly do inter-blockchain swaps and is looking at solving the problem of liquidity fragmentation across wrapped assets on different blockchains by leveraging the XCLP (Cross-Chain Liquidity Protocol) developed by the Router Protocol. Dfyn’s first instance on Polygon Network is live and has seen over 100,000 transactions with nearly $3 million in community liquidity.
Dfyn will be conducting an IDO on Polkastarter on May 10th at 1:00 pm UTC.
10. Ethermon ($EMON)
Established in 2017, Ethermon is a pioneer of Ethereum-based blockchain gaming and one of the most robust NFT ecosystems in the industry. The interactive experience allows players to collect Ether Mons (“Mons”) to participate in a growing range of play-to-earn game modes, from a 2D turn-based web version and a 3D open world of Decentraland’s metaverse. Within Decentraland, players can even participate in PVE battles and interact with their Mons in 3D. Ethermon is currently one of the most highly anticipated project launches and for good reason.
Ethermon will be conducting an IDO on Polkastarter on May 18th.
11. ScaleSwap ($SCA)
ScaleSwap is the first fair IDO launchpad focused on transparency and a long-term vision to transform IDOs into a more sustainable and community-driven launch strategy. Using an ETH layer 2 scaling protocol, users will get to enjoy low fees and convenience, not to mention more say in what projects they want to support. ScaleSwap plans to release a fully customizable autopilot pool participation functionality, innovative swap service offerings, and an instant mass-airdrop tool – all firsts in the launchpad ecosystem.
ScaleSwap will be launching an IDO on its platform in late May.
12. 0x_nodes ($BIOS)
0x_nodes is a cross-chain yield aggregation network that allows users to move, acquire, and build yield-bearing strategies with non-native assets across EVM and non-EVM-based blockchains. As a modularized protocol utilizing collateralized assets through synthetic swaps, users will also benefit from a safe, secure, and convenient experience. The company’s native token, $BIOS, will act as a reward token that collects protocol fees through an enhanced yield aggregation algorithm.
$BIOS will be offered in an upcoming IDO on IDO on May 16-17 and a TGE on May 18th.
Solanium is quickly becoming one of the most talked-about projects in the Solana ecosystem. As the first Solana-based launchpad, Solanium is the first project to introduce decentralized fundraising, time-weighted token staking, and governance voting to the Solana ecosystem. Solanium will offer an all-in-one solution for Solana that includes an integrated wallet, DEX, and transaction management. Users will get to experience full convenience and control over their assets by using the Solanium platform.
Solanium launched a whitelist public sale and airdrop on May 7th.