The craze for cryptocurrency IPOs: A review of the new round of wealth opportunities

Original author: 1912212.eth, Foresight News

The sentiment in the crypto market is improving, and the time for new project launches is approaching. Will this be a new round of wealth opportunities? Here are the upcoming projects for official launches, as Foresight News reviews market opportunities to help you prepare.

Momentum on Buildpad (October 27, 6 PM)

MMT is the native token of Momentum Finance, a DEX based on Sui, conducting a community sale through Buildpad with a fundraising target of $4.5 million. The sale runs from October 27, 2025, 6:00 PM to October 28, requiring KYC completion by October 25, and supports BNB and SUI. The TGE is scheduled for October 31, with a full unlock at launch; the target FDV for primary stakers (minimum $3,000 LP) is $250 million, and $350 million for secondary. Refunds will be processed by October 31, 6 PM.

In 2023, Momentum completed a $5 million seed round led by Jump. In March 2025, Momentum raised $10 million, led by Varys Capital, with participation from the Sui Foundation. Even as VCs become increasingly cautious, Momentum completed a strategic financing round in June this year at a $100 million valuation, led by OKX Ventures, with participation from Coinbase Ventures.

zkPass on Kaito (October 27, 8 PM)

zkPass is building a verifiable internet, a decentralized oracle network based on zero-knowledge transport layer security protocol (zkTLS), allowing users to generate cryptographic proofs from their private network data. It enables any application to securely verify facts from HTTPS sources without disclosing personal information or modifying existing systems. The project launches through KaitoAI Capital Launchpad, aiming to raise $2 million from October 27, 8 PM to November 3, with an FDV of $100 million. Participants must connect their wallets, complete zkTLS proof, and stake KAITO to enhance allocation, with 30% reserved for verification community members. 50% will unlock at TGE, and the remaining 50% will unlock after 3 months. Minimum/maximum subscription amounts: $1,000 - $250,000.

In August 2023, zkPass completed a $2.5 million seed round with participation from Binance Labs, Sequoia China, OKX Ventures, and others. In October 2024, zkPass completed a $12.5 million Series A round, reaching a valuation of $100 million, with participation from dao5, Animoca Brands, and Flow Traders.

MegaETH on Sonar (October 27, 9 PM)

MegaETH is a Layer 2 protocol that will be publicly sold through Sonar (via Echo), with a total supply of 10 billion tokens, of which 500 million tokens (5%) will be sold in this public sale. The payment method is USDT, with a maximum purchase limit of $186,282 per person and a minimum of $2,650. The starting price is $0.0001 (with a $1 million FDV), and the maximum price cap is $0.0999 (with a $999 million FDV).

In June 2024, MegaETH developer MegaLabs announced the completion of a $20 million seed round led by Dragonfly. In December of the same year, MegaETH completed a $10 million financing through the Echo platform.

FightFight on Holo (October 27, 10 PM)

FIGHT is the official IP token for combat sports, built on the BNB Chain and in collaboration with UFC. Starting from October 27, 2025, at 10 PM, the target is $750,000 but has already overraised over $15 million (2099% oversubscribed), with an FDV of $150 million, and the TGE will occur after fundraising; KYC is required for claims. (Related link: https://launch.holoworld.com/ico/fight)

The highlight is fan interaction, where fans can earn Fighting Points through Fight ID for predictions, merchandise, and combat community rewards. As a "sports" token, it transforms fans into on-chain ownership, offers excess refunds, and plans to migrate to Solana—ideal for sports crypto enthusiasts, focusing on viral adoption and real-world connections.

LegionLegion on useTria is a merit-based crypto fundraising platform compliant with MiCA regulations, integrated with useTria for launches, expected to start in November 2025 (exact date to be confirmed). The seed round aims to raise $5 million, revitalizing ICO transparency, focusing on investor accountability and Kraken distribution. Key features include on-chain merit scoring for allocation, empowering sustainable projects. For new project experts, this serves as a regulatory entry point for early trading, minimizing rug pulls through audits—positioned as a leader in the 2025 ICO revival, suitable for compliant, high-yield farming.

Infinex on Sonar (November)

Infinex is a "new type of Crypto application designed for humanity," specifically closer to "chain abstraction," where a series of complex concepts such as wallet addresses, cross-chain bridging, mnemonics, and gas will be abstracted away, allowing users to access more DeFi applications seamlessly, similar to using CeFi products without needing to understand these concepts.

Infinex was founded by Synthetix founder Kain Warwick and raised $67.7 million through NFT sales in September 2024, with public buyers including institutions like Wintermute, Solana Ventures, and industry figures such as Solana founder Anatoly Yakovenko and Aave founder Stani Kulechov.

It may launch through Sonar, expected to start in November 2025 (exact date to be confirmed). Kain revealed that the TGE is expected between late December and early January, with a pre-sale on Sonar before the TGE.

Beamable Network on Metaplex (November 6)

Beamable Network is a DePIN layer for on-chain gaming infrastructure on Solana, aimed at changing the way gaming back-end infrastructure is built and operated. The project will launch through Metaplex, with a pre-sale scheduled for November 6, 2025. It expands decentralized tools for developers, featuring Genesis revenue sharing and NFT integration.

In February 2025, Beamable completed a $13.5 million Series A round, led by Bitkraft Ventures.