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​​Some of the recent private fundraising events among blockchain startups you should know about. December 2024, part 1.


​​L2 Fuel Network will have a public token sale on Legion starting December 12th. ​​$2.5M to be raised. Any user can apply for allocation. The project will evaluate and select investors according to their applications. Round valuation: $200M. Token vesting: 100% at TGE.


​​Avalanche announced a $250M funding round with participation from Galaxy Digital, Dragonfly, ParaFi Capital and others. Avalanche recently released its Avalanche9000 testnet, that aims to reduce Avalanche blockchain deployment and transaction costs.


​​Impossible Finance will host Fuel Network (FUEL) token sale starting December 17th. $1.8M worth of FUEL tokens to be sold during this round at $200M fully diluted valuation without vesting. Sale formats: proportional among IDIA token stakers, whitelist sale for Fuel community and public FCFS.


​​Layer-2 rollup network Glacier will have a second round of public sale for its community. Those who were trying to participate or/and active community members can apply to get whitelisted for the second round. 4.5% of the total token supply to be offered.


​​Fuel Network released its token metrics and will launch FUEL token within next two weeks. According to the blog Legion, Impossible Finance, and Bitget will be used in “community expansion effort”. Legion and Impossible Finance are public fundraising platforms. FUEL public token sale can be expected.


​​Web traffic to crypto exchanges in November 2024. According to the data from SimilarWeb in November a cumulative web traffic to cryptocurrency exchanges has increased by 31%.


​​Magic Eden (ME) will have a primary listing on December 10. Binance, OKX, Gate, KuCoin, MEXC, Bybit, Bitget will enable ME trading around 2:00 PM (UTC) on Dec 10.


​​Binance will offer Movement (MOVE) airdrop to BNB holders. 2% (200M MOVE) of max token supply (10B MOVE) to be offered. Users are required to subscribe to Simple Earn/Locked products with their BNB in order to participate. Binance will list MOVE on December 9, 13:00 AM (UTC).


​​Movement Network (MOVE) will have a primary listing on December 9. OKX, Coinbase, Bybit, Bitget, KuCoin, BingX, MEXC and Gate will enable MOVE trading around 12:00 PM, Dec 09 (UTC).


​​Updated: ​​A short list of the upcoming TGEs, primary listings, product releases you should know about.


​​Binance Will List Across Protocol (ACX) and Orca (ORCA) on December 6. Trading will go live at 13:00 (UTC).


​​Ethereum-based NFT collection Pudgy Penguins will launch its token PENGU on Solana in December 2024. 25.9% of the supply is set to be distributed to the Pudgy Penguins community, while 24.12% will be distributed to other communities and new "Huddle" members.


​​Nexus Labs will be launching a new Nexus network testnet on December 9. Nexus Labs is building a distributed prover network. The testnet is available for every user and it will remain open till December 13. Earlier this year startup raised $25M from Pantera and Lightspeed and others.


​​Bitcoin L2 developer Botanix Labs announced testnet release. According to the blog post it will be the first EVM-equivalent Layer 2 on Bitcoin. Earlier this year startup raised $11.5M from Polychain, Placeholder and others.


​​Crypto fundraising platform Legion is offering Almanak token sale starting December 5. Any user can apply for allocation. The project will evaluate and select investors according to their applications. Round valuation: $45M. Token vesting: 30% at TGE, 70% linearly, over 24 months with 6 months cliff. Almanak is building AI-powered agent platform.


​​XION will have a primary listing on December 5. Bybit, Bitget, KuCoin, BingX, MEXC and Gate will enable XION trading around 10:00 AM on December 5, 2024 (UTC). Maximum Supply: 200M XION. Initial circulating supply: 25.6M XION (12.78%).


​​Bitcoin has crossed $100,000 on Thursday, December 5. BTC price is 144% up year-to-date. New all-time high: $104,088.


​​Ethereum Layer 2 Superseed will have a public token sale on December 9. $20M to be raised during public round for 20% of the total token supply at $100M fully diluted valuation. KYC verification is required.


​​Layer-2 rollup network Glacier will have a public sale starting December 11. 6% of the total GLC supply will be available at $0.033 per token at $33M fully diluted valuation. $2M to be raised. No vesting. GLC listing date: December 18th.

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