This article takes stock of the important developments of the 11 leading projects that will be issued in Q1.

Original | Odaily Planet Daily

Author｜Nan Zhi

According to @layerggofficial statistics and disclosures, in the first quarter of 2025, dozens of TGE projects will launch mainnets, including many king-level projects such as Berachain, Linea, and OpenSea.

However, according to Odaily's investigation, most of the TGE/mainnet times disclosed in the project are not actually endorsed by official announcements. Most of them are just community rumors or even without any relevant information at all.

So which key projects are stated or hinted at coming online soon? What are the recent important developments or opportunities for participation in these projects? Odaily will conduct a review and summary in this article.

Berachain

• Time to go online: It may be Q1 of 2025, but there is no official announcement.

• Amount of financing: Series B - US$100 million, valued at US$1.5 billion; Series A - US$42 million, valued at US$420 million.
• Recent developments: Launching pre-deposit activities with multiple projects and providing early rewards, including Ethena, StakeStone, etc. As of January 8, the cumulative deposit amount reached US$1 billion.

Monad

• Launch time: It is rumored that a public test network will be launched in Q1, but there is no official announcement.
• Amount raised: Undisclosed round - Undisclosed amount (OKX Ventures); Undisclosed round - $225 million, valuation $3 billion; Seed round - $19 million.
• Recent developments: The test network will be launched in phases in November, and the Monad Foundation will be established on December 17. In early January, a series of posts were posted suggesting that an incident had occurred.

Abstract

• Launch time: Official announcement will be launched on the mainnet in January 2025

• Amount raised: Undisclosed round - $11 million.
• Recent developments: In the near future, you can participate in social media tasks, or perform operations such as NFT minting and testnet interaction.

Nillion

• Launch time: It is clearly announced that the mainnet will be launched in February 2025
• Funding amount: Undisclosed round - $25 million; Series A - $20 million, valuation $400 million.
• Recent news: Staking and validator node interaction are available. Cooperate with a large number of AI projects, including Build On Nillion, Thales_ai, Four Pillars, etc.

Story

• Launch time: The official statement hints that it may be launched on the mainnet in the near future.
• Amount raised: Series B - $80 million, valued at $2.25 billion; Series A - $25 million; undisclosed round - $29.3 million.
• Recent news: Launched a joint task with Binance Wallet, lasting three weeks, with clear token rewards. Other interactive contents include test network access, ecological project sign-in, NFT purchase, etc. Readers can find detailed operation tutorials through social media.

Initia

• Launch time: It is rumored that the mainnet will be launched in Q1. There is no official announcement at this time. The latest official mainnet-related announcement was released on December 19, 2024. The article stated that the progress of the mainnet was 78% and a security audit was under way.
• Funding amount: Community round - $2.5 million, valued at $250 million; Series A - $14 million, valued at $350 million; Seed round - $7.5 million; Undisclosed round - undisclosed amount (Binance Labs).
• Recent developments: The relevant activities of the test network are still in progress, including four modules: XP, Swap, Sake and VIP. Readers can find detailed operation tutorials through social media.

OpenSea

• Time to go online: Not clear yet
• Amount of financing: Series C - US$300 million, valued at US$13.3 billion; Series B - US$100 million, valued at US$15 billion; Series A - US$23 million; Strategic financing - US$2.1 million; Seed round - US$2 million.
• Recent developments: On December 20, the official website of the OpenSea Foundation was launched and the first tweet "ocean enters the chat" was released. On December 28, a spokesperson of the OpenSea Foundation responded to the currency issuance rumors: "More information will be announced soon." There is no information since then.

StakeStone

• Launch time: Rumor has it that it will be in Q1 TGE. StakeStone officially responded to Layergg’s launch time form.
• Amount raised: Undisclosed round - $22 million; Undisclosed round - Undisclosed amount (Binance Labs).
• Recent news: Cooperating with Berachain, launching beraSTONE deposit activity, clearly stating that participants will receive STO (StakeStone token) rewards.

Particle Network

Launch time: The product has been launched, and V2 may be launched in the near future. There is no official announcement from TGE.

Amount raised: Undisclosed round - undisclosed amount (Binance Labs); Series A

• $15 million; Strategic round - undisclosed amount; Seed - $7 million at $150 million valuation; Pre-Seed - $1.5 million , valued at $30 million.

Recent news: The trading platform UniversalX was launched on December 4, and the product will be upgraded to V2 in the near future.

Lens

• Online time: The official announcement is that the mainnet will be online soon, and the specific date has not yet been released.
• Amount raised: Undisclosed round - $31 million; Seed round - $15 million; Undisclosed round - undisclosed amount.
• Recent developments: Apart from the announcement about the upcoming mainnet, there are no other important developments yet.

Orbiter Finance

• Launch time: Rumor has it that it will be in Q1 TGE. On January 14, the official Twitter posted a tweet for the first time in a long time, with the content "20". It is not yet clear whether it is a countdown or other meaning.
• Amount of financing: Series A - undisclosed amount, valuation $200 million; Seed round - $3.2 million, valuation $40 million.
• Recent updates: No important updates.