Review of 7 Recent Hot New Token Launches

Original | Odaily (@OdailyChina)

Author | Asher (@Asher_ 0210)

Zama Conducts Token Sale on Its Own Platform

Project Overview

Zama is a company specializing in Fully Homomorphic Encryption (FHE) technology, which is considered one of the most cutting-edge innovations in the field of privacy computing. To date, Zama has completed two rounds of financing, raising a total of $130 million. In March 2024, Zama announced the completion of a $73 million Series A round co-led by Multicoin Capital and Protocol Labs. In June 2025, Zama announced the completion of a $57 million Series B round led by Blockchange Ventures and Pantera Capital.

Participation Guide and Details

Auction Pre-registration Link: https://www.zama.org/auction;

Auction Method: Sealed-bid Dutch auction (For a detailed explanation, read: Is Zama's Public Sale Too Complex? A Guide to Understanding Sealed Dutch Auctions);

Auction Time: Scheduled for January 12-15, with token claiming starting on January 20;

Public Sale Allocation: 10% of the total token supply, with 8% sold via auction and 2% sold at a fixed price post-auction (with a cap of $10,000 per person);

Lock-up Status: Zama tokens purchased in the auction will be fully unlocked.

Octra Conducts Token Sale on the Sonar Platform

Project Overview

Octra is a privacy-focused Layer 1 project, an FHE blockchain network supporting isolated execution environments. Regarding token distribution, early investors hold 18%, Octra Labs holds 15%, and the remaining 67% is allocated to the community, including early users, validators, ecosystem grants, Echo participants, and this public sale. No single investor holds more than 3% of the tokens.

In September 2024, Octra announced the completion of a $4 million Pre-Seed funding round led by Finality Capital, with participation from Big Brain Holdings, Karatage, Presto, Builder Capital, and others.

Participation Guide and Details

Octra announced it will conduct a public token sale on Sonar (an ICO platform founded by Echo and recently acquired by Coinbase):

• Official Account of the Token Sale Platform: https://x.com/echodotxyz (The specific token sale website has not been announced yet, but account registration is now open);
• Event Start Time: December 18;
• Sale Quantity: 10% of the total token supply. Notably, the team stated that if demand is strong, the allocation ratio may be increased;
• Sale Model: Fixed price of $0.2. This sale aims to raise $20 million, corresponding to a Fully Diluted Valuation (FDV) of $200 million;
• Unlock Status: Not yet announced.

Rainbow Conducts Token Sale on the CoinList Platform

Project Overview

Rainbow is a Web3 wallet project designed to help users easily explore and manage their assets through a clean, intuitive, and secure user interface, including NFT collections, DeFi app connections, and cross-chain bridging. Rainbow emphasizes a design philosophy of "fun, simple, and secure," akin to a "Robinhood" tailored for Web3, lowering the barrier to entry for newcomers into the crypto world. It supports ENS domain integration and provides a seamless experience on both mobile and desktop.

To date, Rainbow has raised nearly $20 million in funding.

Participation Guide and Details

Rainbow announced it will conduct a public token sale on CoinList:

• Token Sale Website: https://coinlist.co/rainbow;
• Event Start Time: 1:00 AM Beijing Time on December 12;
• Sale Quantity: 3% of the total token supply, equating to 30 million RNBW tokens;
• Sale Model: Fixed price of $0.1;
• Unlock Status: Fully unlocked at TGE (US users will be unlocked one year after TGE);
• Minimum Investment Amount: $100.

Gensyn Conducts Token Sale on Its Own Platform

Project Overview

Gensyn is an open network for decentralized AI systems. In March 2022, Gensyn announced the completion of a $6.5 million seed funding round led by Eden Block. In June 2023, Gensyn announced the completion of a $43 million Series A funding round led by a16z.

Participation Guide and Details

• Token Sale Website: https://token.gensyn.network/;
• Event Start Time: December 15;
• Sale Quantity: 5% of the total token supply (the sale quantity is 3% of the total supply, with an additional bonus quantity of 2% of the total supply);
• Sale Model: English auction with a valuation cap. Specifically, the valuation floor is $1 million FDV ($0.0001 per token), and the cap is $1 billion FDV ($0.1 per token), with a minimum price increment of $0.0001;
• Unlock Status: Fully unlocked at TGE (US users will be unlocked one year after TGE). Choosing to lock tokens yields an additional 10% token reward;
• Minimum Investment Amount: $100.

Infinex Conducts Token Sale on the Sonar Platform

Project Overview

Infinex is a decentralized finance platform launched by Synthetix founder Kain Warwick in April 2024. The project aims to bridge the gap between CeFi and DeFi, offering a smooth user experience similar to centralized exchanges while maintaining the non-custodial nature and security of decentralized services.

Participation Guide and Details

On November 27, Infinex, a new project created by Synthetix founder Kain Warwick, officially announced its upcoming TGE, planning a public sale on Sonar with a $300 million FDV. It intends to sell 5% of the INX token supply, aiming to raise $15 million, and has chosen Sonar as the token sale platform.

According to Infinex's official introduction, this public sale will offer two participation paths: a guaranteed allocation and a lottery-based allocation. The guaranteed allocation is for users holding Patron NFTs in a liquid (unlocked) state. The specific guarantee strategy is as follows:

• 1 Patron NFT: $2,000 allocation;
• 5 Patron NFTs: $15,000 allocation;
• 25 Patron NFTs: $100,000 allocation;
• 100 Patron NFTs: $500,000 allocation;
• Allocations follow a cumulative mechanism. For example, if you hold 32 liquid Patron NFTs, your allocation would be: 100,000 + 15,000 + 2,000 + 2,000 = $119,000.

The lottery-based allocation is open to all users; anyone can apply to participate. The specific rules are as follows:

• Minimum subscription amount is $200, maximum subscription amount is $5,000;
• If subscription demand exceeds the limit, orders will be allocated via lottery;
• Each order has an equal chance of being selected. If selected, the order's subscription will be fully allocated;
• Unfulfilled orders will be automatically refunded.

It is worth noting that this public sale will have a one-year lock-up period, but it includes an early unlock clause. The specific design for early unlock is as follows:

• At TGE, if early unlock is chosen, the subscription price becomes based on a $1 billion FDV valuation;
• During the one-year lock-up period, this price will linearly decrease to the initially set $300 million FDV;
• If INX's trading price post-listing is higher than the real-time early unlock price, some public sale participants may choose to unlock early, thereby smoothing the unlock curve.

Fogo Conducts Token Sale on Its Own Platform

Project Overview

Fogo is a new Layer 1 blockchain based on the Solana Virtual Machine (SVM). Its technical architecture aims to address the performance bottlenecks of existing blockchains, providing a more efficient and lower-cost transaction experience. Fogo has currently completed seed and community funding rounds, raising a total of $13.5 million.

Participation Guide and Details

• Token Sale Website: https://presale.fogo.io/. The USDC transfer function is now open. Users can pre-transfer USDC to the Fogo wallet (Transfer Tutorial: https://community-docs.fogo.io/getting-started/transferring-to-fogo)
• Event Start Time: December 17;
• Sale Quantity: 2% of the total token supply;
• Sale Model: First-come, first-served; price unknown;
• Unlock Status: Fully unlocked at TGE (US users will be unlocked one year after TGE). Choosing to lock tokens yields an additional 10% token reward;
• Minimum Investment Amount: $100.

Football.Fun Conducts Token Sale on the Legion Platform and Kraken Exchange

Project Overview

Football.Fun is a sports prediction market platform deployed on the Base network. On July 18, Football.Fun announced the completion of a $2 million seed funding round led by sports-focused investment firm 6th Man Ventures (6MV), with other investors including Devmons, Zee Prime Capital, Sfermion, and The Operating Group.

Participation Guide and Details

On December 9, Football.Fun announced it will conduct a public token sale on the Legion platform and Kraken exchange. Specific details have not been announced yet. Currently, KYC verification for both token sale platforms can be completed using a passport.