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3 Token Launches This Coming Week
Here are some unique tokens launching this week on zkSync and Arbitrum. Learn more about how and when you can participate.
Image by the author using dall-e
Everyone wants to find the next project that will skyrocket when it launches. So there’s something (understandably) alluring about the prospects of a new token potentially doing a 3–4X in its first days of trading. But getting in a token generation event (TGE) does not guarantee fast riches. On the contrary, many token launches leave early investors with regretful monetary hangovers.
The crypto market has been contracting this past week, so if this environment continues into next week, we may see less interest in participating in TGEs. Or, we could speculators chasing their losses in these high alpha events.
I’m not certain I will participate in these three token launches, but they have captured my attention for various reasons. And, even if I don’t invest in the presales, I still want to keep an eye on these projects because I believe they all have investing narratives.
Token Generation Event#1: Cruze Finance
Cruze Finance Logo
Launching on Ramses Exchange Launchpad (Arbitrum)
Hard cap being raised: $5 million
Purchase Token: USDC
Presale price: $0.25 fixed until cap fills
Sale type: Public, open to everyone
Dates: April 24-May 1 (or until it hits the hard cap)
Ramses Exchange is beginning its launchpad with a big project, Cruze Finance. With a fully doxxed team and a live beta platform, https://www.app.cruize.finance/vaults, Cruze Finance is a worthy project to research.
According to its docs, “Cruize Finance provides volatility-protected yield opportunities on crypto. The protocol provides vaults for users to stake their capital and generate safer yields using combinations of derivatives and bonds in pre-packaged instruments called structured products.”
And, looking at its vaults page, it appears Cruze Finance wants to deliver its vaulters high APRs.
The tokenomics for their two tokens, $CRUZE and $ARMADA, are unique and provide utility, including a share of protocol revenue. Additionally, there are incentives for early investors and veRAM holders. You can read more about the presale here: https://tokenomics.cruize.finance/liquidity-generation-event.
Cruze Finance Discord Link: https://discord.com/invite/tACTMsMYbd
Token Generation Event #2: GND Protocol
Launching on GMD Protocol (Arbitrum)
Hard cap being raised: $690,000
Purchase Token: USDC
Presale price: $50 for private presale, $70 for public presale
Sale type: Private; if not filled, it opens to the public
Dates: April 24, 10 PM EST
I read the docs for GND Protocol, and it‘s complicated. Here’s how the docs describe the platform: “GND Protocol is the mother protocol of $gmUSD, a Yield-Bearing, Fully-Backed Stablecoin built on top of Uniswap V3’s liquidity engine and farm. We effectively employ Gain Protocol’s $gDAI, GMD Protocol’s $gmdUSDC, and GND FARM, a powerful yield-generating resource.”
However, I am deeply impressed with GMD Protocol (and invested in $GMD), so even though I don’t completely understand the intricacies at a level I feel confident explaining, I believe the project has strong fundamentals.
$GND has a very limited supply (max is 100,000 tokens) and will use protocol revenue to pay out rewards to its holders and buyback and burn tokens. The platform has already created partnerships, and the GMD’s team record shows they are very good at building relationships.
I’d encourage you to read the docs and pay close attention to token distribution on presale purchases. Two tokens will be issued: $GND and $xGND, and you should have a good idea of what you are buying if you participate.
The private presale will be open to $GMD stakers; if it doesn’t fill, the public presale is open to everyone.
GND Protocol Discord Link: discord.gg/RQqyUjPrRW
Token Generation Event #3: Reactor Fusion
Launching on Velocore Launchpad (zkSync)
Softcap is 100 ETH with target raise of 500 ETH
Purchase Token: ETH
Presale price: Fair launch auction method — price starts at 0.00003846 ETH and increases after the first 500 ETH has been raised. Fair launch auction method — price starts at 0.00003846 ETH and increases after the first 500 ETH has been raised.
Sale type: Public
Dates: April 21-April 23
Reactor Fusion is a lending and borrowing platform launching on zkSync. According to the docs, “ReactorFusion, a native lending and borrowing market on zkSync era, is based on Compound Finance and offers unique bribe-reward tokenomics. By combining these powerful elements, ReactorFusion paves the way for a clear, logical, and innovative approach to DeFi lending markets in the zkSync era ecosystem.
With the ambition to become the leading platform in zkSync era, ReactorFusion strives to provide the most advantageous incentives for money markets and maintain the deepest liquidity within the ecosystem. In doing so, the platform aims to transform the decentralized financial landscape and provide users with a sophisticated lending and borrowing experience.”
Like Sonne Finance on Optimism and Mare Finance on KAVA, Reactor Fusion will have a close relationship with Velocore creating a symbiotic relationship. However, the dev team states Reactor Fusion is not a fork of these other platforms and has unique value propositions, such as automated reward distribution and per-second compound interest.
Rewards from the Reactor Fusion platform and Velocore farming will be distributed to $RF stakers. Reactor Fusion will be one of the first lending protocols to launch on zkSync. Be sure to read the docs to understand the platform, its tokenomics, and more details about the launch: https://docs.reactorfusion.xyz/
At the time of writing, 458 ETH have already been raised. However, it’s a fair launch where everyone gets the $RF token at the same price. The presale ends on April 23. If you want to participate, here is a referral link: https://app.velocore.xyz/launchpad/reactorfusion?rf=9Ni3f51f. If you use this link, I get a 2% commission in $RF tokens on any ETH referred (with no impact to the referred party). I appreciate it if you decide to use the link, but it’s not required to participate in the presale.
Reactor Fusion Discord Link: https://discord.com/invite/fYRHDqzzXN
Key Takeaways
All three platforms are launching in the coming week, and I imagine they will reach their caps. I haven’t participated in any of them and haven’t decided if I will. But this is a great starting point if you want to take a closer look at these projects and get in on the ground floor.
I have not been paid or sponsored to write this article. I am investing in $RAM, neadRAM,$GMD, and $VC at the time of writing.
This information should not be taken as investment advice. Digital assets like crypto and NFTs involve risk, so you should always perform due diligence before investing.
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