The Next Investment Opportunities? A Review of Potential Projects to Issue Tokens on the Sui Public Chain
Since the launch of the Sui Network mainnet, ecological projects on the public chain have been launching on the mainnet like mushrooms after the rain, and some projects have already conducted initial token distributions.
Recently, the DEX Cetus based on Sui and Aptos concluded a hot IDO, attracting a total of 108 million SUI, exceeding the hard cap by over 1350% (the hard cap was only 800,000 SUI). In addition, the Launchpad platform SuiPad has also completed its IDO, with the public round selling out within 55 seconds. Currently, the tokens have been listed on centralized exchanges such as KuCoin and Gate.
These successful IDOs demonstrate the market's favor for the projects and also reflect the market's attention to the Sui public chain ecological projects. This article will review the SUI Network ecological projects that are about to conduct IDOs and share potential speculative opportunities with you.
WispSwap
WispSwap is a decentralized exchange and DeFi platform on the Sui blockchain. The platform offers a range of diverse financial products, including trading, lending, farming, collateral, prediction markets, and launchpad, making it a one-stop shop for DeFi users. The platform strives to enhance user experience and maximize returns through innovative and carefully designed mechanisms.
Project Information Query:
https://app.vedao.com/projects/d97707f4e062872edcac2c815f097db192bc96d9d41001dc50512832cb2d97f4
IDO Details:
https://medium.com/@wispswap/wispswap-ido-ea477463f69b
Whitelist Round (Presale)
- Presale Round Time: May 18th 10am UTC – May 19th 10am UTC
- Price: 1 WISP = 0.05 SUI
- Vesting Period: 60% unlocked at TGE, 40% as veWISP unlock
- Eligibility: Requires a whitelist pass, as follows:
- Active users who joined WispSwap Discord early as early contributors
- Members with Master Wisp, Ancient Wisp, and OG roles
- Sprout Wisp and Adept Wisp will also have the opportunity to obtain whitelist passes, considering the user's WispSwap points
Public Round
- Time: May 19th 10am UTC – May 23rd 10am UTC
- Price: 1 WISP = 0.062 SUI
- Vesting Period: 60% unlocked at TGE, 40% as veWISP unlock
- Eligibility: Open to everyone, first come first served, but each wallet can submit a maximum of 2500 SUI (approximately 40,322 WISP)
After the public round is completed, the WISP tokens will be sold at TGE. After TGE, WISP tokens will be listed on WispSwap DEX and other major exchanges, with an initial price of 1 WISP = 0.07 SUI.
Meadow
Meadow is a launchpad on the Sui blockchain. As a decentralized incubator, Meadow provides various tools for blockchain innovators interested in the Sui blockchain, especially game projects. Meadow has a unique tier system, where both investors and project owners can benefit from using various launchpads. In addition, it provides strong protection measures—a insurance system to prevent fraud and the possibility of failure.
Project Information Query:
https://app.vedao.com/projects/133482d294ccae3a1246fd5d19a3770dd49cb1f8fa322c67dc4f3441eca84d9e
Public Sale
Sale Time: May 19th 1pm UTC – May 22nd 1pm UTC
Sale Link:
https://app.meadowlaunch.com/project/0
Price: 1 MED = 0.11 SUI
Hard Cap: 795,970 SUI
Token Sale Quantity: 7,000,000 MED (unsold tokens will be burned)
Vesting Period: 20% unlocked at May 26th 1pm UTC TGE, remaining 20% unlocked weekly (in four installments, June 2nd, 9th, 16th, 23rd (1pm UTC))
Whitelist Bonus Token Pool
The meaning of this bonus pool is that members in the whitelist who purchase more than a certain amount of MED tokens in the public sale can receive more token rewards from the bonus pool. The distribution of bonus tokens is proportional to the amount you invest and the number of users who invest.
Specific calculation: (Your investment amount / total investment amount of whitelist users) * 1,130,000 = the reward tokens you receive
Conditions for Whitelisting:
- Win a Meadow partner giveaway on Twitter
- Open a ticket in Meadow Discord, explaining how you have contributed to Meadow's growth
- Complete designated tasks on Zealy
https://zealy.io/c/meadowlaunch/questboard
- Have a legendary or hero role in Meadow Discord, contribute over 1000 SUI in the public sale, and then open a ticket
- Fill out this Google form, where a few users will be selected to join the whitelist every day
https://docs.google.com/forms/d/e/1FAIpQLSddAl0iEhLgWQqCyY4zFKHOhWSxrGvhXQZg8AfC3xJAaDP6HQ/viewform
Betta
Betta is a multi-chain NFT market based on the Sui network, supporting basic functions such as offering, listing, buying, and selling NFTs. Builders, creators, and artists can create their NFTs and collections without coding. In addition, Betta is developing P2P features, allowing users to sell/buy/exchange their accessory assets on Betta, such as accounts, work, and Web3 opportunities. Betta also supports some random games on the Sui network, where users can participate in lotteries, coin flips, and number guessing to earn BETTA tokens.
Project Information Query:
https://app.vedao.com/projects/4bf1c49cbee79c15976a425f790a3346921f3720d37aa6926db6e140f1baeee5
IDO Details:
Sale Time: May 26th 14:00 UTC – May 27th 14:00 UTC
Sale Platform: Bayswap
Price: 1 BETTA = 0.0085 SUI
BETTA Foundation Member Price: 1 BETTA = 0.008 SUI
Hard Cap: 48,000 SUI
Token Sale Quantity: 6,000,000 BETTA (6% of total supply)
Minimum Investment Amount: 1 SUI
Maximum Investment Amount: 200 SUI
Trading Date: May 28th 14:00 UTC 100% TGE ownership
After TGE, BETTA tokens will be listed on Bayswap, Suiswap, Bluemove Dex, and other major decentralized exchanges, with an initial price of 1 BETTA = 0.009 SUI. The listing on centralized exchanges is planned for 3-6 months later.
IDO Airdrop Activity:
To celebrate the IDO on Bayswap, the project will give 25 BETTA tokens to each OAT holder who completes the tasks. Participation link:
https://galxe.com/bettasuimarket/campaign/GCbJUUXqH7
YouSUI
YouSUI is an integrated platform running on the Sui blockchain, including DEX, Launchpad, NFT Marketplace, social platform for games running on Sui, DeFi, Metaverse projects, and Bridge. YouSUI is collaborating with dozens of game development partners and is a collaborative platform supporting projects outside the Sui public chain ecosystem, such as Polygon, Binance, Klaytn, Solana, and Ethereum protocol projects. YouSUI has announced its first incubation project, HOOD, scheduled for launch on July 25th.
Project Information Query:
https://app.vedao.com/projects/9bef15b77155c0e7c724a06dce3cadff0c50d3655183c2b7313e3c1f8cbf4e77
YouSUI's first IDO Launchpad is scheduled for June 21st, and the XUI token is a versatile utility token that can be used for Launchpad, DEX exchange fee discounts, NFT collection, and minting. Specific IDO information has not been announced yet, but if you obtain OG status, you can receive a guaranteed allocation for the IDO, and the purchase price is 1 XUI = $0.25.
YouSUI has a total of 500 OG roles, dedicated to recognizing members who have shown extraordinary dedication and contributions to the community. In addition, the top 50 OG roles will be awarded to users who win the upcoming event (event details have not been disclosed yet).
OG roles will be awarded to users who meet one of the following conditions:
- Reach level 20 on YouSUI Discord and rank below 1000 in the leadership committee of YouSUI's Crew3.
- Currently active promotional ambassadors
- Winners of community giveaways
Abyss World
Abyss World is a flagship open-world AAA ARPG game funded by the Sui development team Mysten Labs. The game is promoted to have multiple game modes, where players can engage in large-scale PVP battles at The Grand Colosseum, small-scale PVP battles at The Battle Arena, and play in PVE mode at Central City.
Abyss World is still under development and is listed on Steam, allowing players to add the game to their wishlist on Steam to track the latest developments. Currently, Abyss World has nearly 120,000 global Steam wishlist reservations and will conduct its first public test next month.
Project Information Query:
https://app.vedao.com/projects/480fd99d5559a448e6dcc2af8d8676d78d88c5a94e0f9e8936466beda6f96b2c
Abyss World's IDO will be conducted on the Sui public chain's Launchpad platform SuiPad, also the first IDO project on SuiPad. The specific date has not been announced yet, but Abyss World has released an IDO warm-up invitation competition, aimed at increasing community participation and providing attractive rewards to participants. Participate in the competition and invite your friends to join the competition for a chance to receive a whitelist for the IDO and purchase 100 U with a 20% discount.
How to Participate in the Invitation Competition:
- Log in via Discord
- Complete check-in tasks to earn 5 AWC per day
- After checking in, complete social tasks to earn AWC. For example, follow Twitter and join Abyss World Discord, where you can earn 25 AWC for each task completed
- After completing social tasks, you can generate your own invitation link to invite your friends to participate in the event. The more friends you invite, the more AWC rewards you can receive. There is also a chance to receive a whitelist for the IDO and purchase 100 U with a 20% discount.
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