Those who have been in the crypto space for a while know that the best way to multiply your money in crypto is to find an interesting project, and invest in it before it is listed on the exchanges. Most crypto projects before they are listed first go through the IDO phase on the launchpads and during this phase, you have the opportunity to buy the token at a cheap price to maximize your profits when the token launches. In this video, we will share with you the best upcoming IDO and ICO projects that you should definitely invest in.
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The very first project on our list is going to be 5ire.
5ire is a layer 1 blockchain ecosystem designed with economic and environmental sustainability at its core. They are one of India’s fastest-growing unicorns, enabled by a community with people from all over the world.
Their goal is to make blockchain sustainable and accessible to over a billion people by 2030. 5irechain’s primary goal is to create a user-centric sustainability-driven ecosystem. This is achieved by embedding sustainability in the network’s base layers and the upper decision-making that democratically commands the network.
5irechain is a Nominated Proof-of-Stake blockchain with validators that bring sustainability from the off-chain and governance mechanisms that assure the empowerment of working groups and decentralized organizations that work toward the implementation of the 2030 Agenda, thus bringing a shift from a for-profit paradigm to a for-benefit by altering the core concepts and leverage the true power of blockchain as a source of truth and multilayered oracles as the tools to bring forth this true power of DLT technologies and offering the most secure and advanced collaboratives tools that are based on E2E encryption data exchange open-source protocols to help DAOs and working groups at bringing forth value off-chain, to the world.
For the moment the date of the IDO is not known yet, but a private sale is planned for December 15, 2022. And they plan to raise over $120 million during the IDO, which is quite interesting. But what makes us so optimistic about this project is their community. They have over 350,000 followers just on Twitter. And we all know that the success of a project depends in part on its community. The bigger the community, the more likely it is that the project will reach unexpected heights.
Another very interesting upcoming project is FlyGuyz. The pre-sale is currently underway and will end on December 15. The next token sale will take place from January 1 to January 25, 2023.
FlyGuyz will be introducing a high-quality, mainstream, ultimate fighting game to the blockchain. The users who hold $Flyy Tokens are an active part of the FlyGuyz ecosystem and earn rewards in the form of $Flyy Tokens! Mint your NFT character or rent a virtual one from the in-game marketplace. Take your NFT characters, build up your fighting skills, and fight other players head-to-head to the death!
In this ecosystem, $Flyy tokens will have a great deal of in-game utility. From in-game store purchases of character & skill upgrades to reviving your character by using the costly life essence points, your time in the Fighting Grounds must be treasured at all costs!
The Sacred Fighting Grounds will be ruled and governed by, "The Law of the Fly." By utilizing a DAO platform, they encourage the community to establish and vote on the most important features and updates of the game. Collectively managing and developing ideas for the future of the game.
So, basically, their mission is to revolutionize the traditional world of gaming. FlyGuyz integrates gaming with the Metaverse and Blockchain, providing a completely decentralized experience that gives users and creators direct ownership of their in-game items in their ecosystem. FlyGuyz foundation is built on the same values of the blockchain, which allows a community to create, invest, play, and earn together in an environment of complete transparency.
By participating in their IDO, you are sure to multiply your money exponentially. The third private sale prize itself is triple the price of the first. So, the earlier you participate, the bigger your reward will be.
In order to be as fair as possible, DAO voting power will be given to two types of holders that have a minimum stake in the $FLYY ecosystem. Holding at least 10,000 $FLYY and/or 1+ FLYGUYZ NFT will empower someone with a vote in the DAO. This minimum stake guarantees a seat at the table, but each person only has one vote in any matter. This effectively stops whales from being able to buy the vote and decentralizes ownership to a fair point. Regardless, this project has a lot to offer. Feel free to check out their website if you want more info.
The next project is even more interesting than the previous ones. It is about Lend Finance.
Lend is a natural extension of the TEN Finance Ecosystem and a decentralized lending protocol for individuals and protocols to access financial services.
Lend is the first lending protocol on BNB Chain, Ethereum, and Polygon to share revenue fees generated by the platform directly back to token holders.
The Lend protocol establishes pools of algorithmically derived interest rate models, based on the current supply and demand of each respective asset. Users can use LEND to lend any supported assets on their markets for others to borrow and earn interest, and also use the provided capital as collateral to borrow another supported asset.
Lend opens up the possibility of lending and borrowing crypto assets without the need to negotiate terms of maturity, interest rate, or collateral with any peer or counterparty.
Lend offers a wide range of tokens on their money markets, support for different tokens will constantly be updated, and they will endeavor to always provide a market for the most liquid assets available.
The IDO for this project will run from December 14, 2022, to December 21, 2022.
The token supply is 1 billion tokens, and 20% of this supply will be allocated to the IDO.
This project is really very interesting, especially as there are multiple ways to earn passive income by providing liquidity to LEND markets, supplying assets, and a share of protocol revenue by locking or staking your LEND tokens.
By locking or staking your LEND tokens, you are able to earn a share of all revenue earned directly from the LEND protocol, a first of its kind in the DeFi space! So don't hesitate to take a look at this project.
That was the last project on our list. If you want us to feature more projects like this, let us know in the comments section below. And remember, absolutely everything said in this video should not be taken as investment advice. So do your own research before investing in these projects.
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