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With the 2024 US election on the horizon, crypto has become a focal point, with former U.S. President Donald Trump adopting a pro-crypto stance. Additionally, introducing an Ether spot ETF generates excitement and optimism among investors.
These positive developments in the digital asset space are prompting many to consider adjusting their portfolios. New cryptocurrency releases, listings, & presales today are also attracting significant attention. InsideBitcoins aids in this process by curating top tokens and providing detailed insights into their features, utilities, and market prospects.
New Cryptocurrency Releases, Listings, and Presales Today
MPAA Launchpad stands out as an innovative platform on the Base blockchain, designed specifically for creating and trading memecoins. In addition, 99Bitcoin has significantly impacted the blockchain space through its distinctive education platform, garnered substantial market attention, and raised over $2.6 million in its presale.
Meanwhile, Thetanuts Finance is making waves with its decentralized on-chain options protocol, which focuses on altcoin options. Furthermore, Hats.finance is working to integrate Web3 security into the development lifecycle, thus empowering the next generation of crypto users. However, amidst these developments, a major crypto selloff has erased $367 billion in value as both Bitcoin and Ether experienced substantial declines.
1. MPAA (MPAA)
MPAA Launchpad is a pioneering platform on the Base blockchain for creating and trading memecoins. MPAA simplifies token issuance as a decentralized autonomous organization (DAO), enabling anyone to create tokens in seconds with minimal fees. The platform ensures security, transparency, and efficiency, making it accessible to a broad audience.
MPAA’s mission is to democratize memecoin creation and trading, fostering a community centered on global culture and crypto. It aspires to be a leading social finance (SocialFi) platform where users can communicate, share ideas, and engage with trends in a crypto-native way. By reducing entry barriers and ensuring a secure environment, MPAA envisions blending financial innovation with cultural expression, promoting decentralized finance and community engagement.
MPAA’s ease of access, cultural engagement, community interaction, and strong security measures set it apart. Its intuitive interface requires no coding knowledge, allowing anyone to create and trade tokens effortlessly. The MPAA offers users a unique space to express and capitalize on internet culture by aligning with contemporary cultural trends.
Furthermore, the MPAA has forged strategic partnerships to enhance its ecosystem. It has collaborated with Value, known for its user-friendly interface and multi-chain support on Solana and EVM chains, providing more trading options. Another key collaboration is with Star Protocol, an Omni identity protocol powered by LayerZero, which supports MPAA’s mission of fostering innovation in the blockchain ecosystem.
We’re thrilled to announce that we are now listed on @MEXC_Official
Get ready to trade and track $MPAA on one of the world’s leading crypto exchanges! pic.twitter.com/ASb0Trs7cQ
— MPAA (@MPAAfirst) July 30, 2024
In addition, MPAA partners with Azen Protocol, which tokenizes computing resources and applications for efficient management and promotes technological advancements. Moreover, it collaborates with the Koi Foundation, driving the development of Koi BTC, an AI-driven game economy powered by Bitcoin liquidity. Lastly, MPAA has partnered with SecondLiveReal, expanding into the TON ecosystem with its social platform, offering users opportunities to play, earn, and receive token airdrops.
2. 99Bitcoins (99BTC)
99Bitcoin’s entry into the blockchain arena through its unique education platform is gaining market attention, with over $2.6 million raised in its presale. Although the project is new, it draws on the extensive experience of the 99Bitcoins media outlet, established in 2013. A key development in their plan to enhance crypto education is the introduction of the 99BTC token. Initially available as an ERC-20 token, it will transition to Bitcoin’s BRC20 framework later.
The platform includes a Learn-to-Earn feature combining gamified content with financial incentives. Users can gain blockchain knowledge through interactive courses and quizzes on the platform and earn 99BTC tokens directly in their wallets upon completing these educational activities.
Market experts see the project as an opportunity for users to earn money online, highlighting the innovative potential of crypto technology to transform financial models. The project offers an annual percentage yield (APY) of 672%, with the current token price at $0.00116.
The tokenomics, detailed in the whitepaper, show thoughtful distribution. Out of a capped total supply of 99 billion tokens, 10.5% is allocated for presale buyers, 14% for staking rewards, and 44.5% for community incentives and project growth.
Only 1 day left until the end of the $99BTC presale! 🚨
Get your tokens before it's too late. #Presale ends on August 6th at 9:30 AM UTC.
Buy and stake now for over 600% rewards! 🔥
Join now 👉 https://t.co/9aJ5rE5LY3#99Bitcoins #Crypto #BTC #Airdrop pic.twitter.com/Pusxej6v5h
— 99Bitcoins (@99BitcoinsHQ) August 5, 2024
Overall, 99Bitcoin’s unique market approach offers an interesting opportunity for crypto investors looking for learning and potential financial returns. Meanwhile, the presale is set to conclude within the next 24 hours, offering investors a window to capitalize on this opportunity.
3. Thetanuts Finance (NUTS)
Thetanuts Finance is a decentralized on-chain options protocol focusing on altcoin options. It allows users to take long or short positions on these options. Initially launched in September 2021, the protocol introduced Basic Vaults, which sold out-of-money (OTM) European cash-settled options to accredited market makers. This setup generated yields for users through option premiums.
With the v3 upgrade, Thetanuts Finance is now pivoting towards a more decentralized protocol, specifically targeting altcoin options. The new v3 architecture leverages existing Basic Vault LP Tokens to enable new use cases in on-chain options trading. This functionality is facilitated by a Lending Market and Uniswap v3 Pools, all integrated within the v3 interface.
The Basic Vault LP Tokens represented as $XYZ-C (Call Basic Vault LP Token) and $XYZ-P (Put Basic Vault LP Token), are fungible and transferrable tokens representing Basic Vault positions. Consequently, these tokens are crucial to all Thetanuts Finance v3 platform trading strategies.
Moreover, the governance token of the Thetanuts Finance ecosystem, $NUTS, plays a key role in achieving the protocol’s long-term goals of decentralization, governance, and incentives. Holders of $NUTS can stake their tokens to become $veNUTS on a 1:1 basis. Therefore, these $veNUTS holders can participate in gauge voting for various components within the ecosystem. Additionally, they can engage in governance, contributing to the long-term direction of Thetanuts Finance.
As the latest epoch concludes, all Basic Vaults expired out-of-the-money (OTM) except for the ARB Put vault, which expired in-the-money (ITM). However, the option premiums did offset the losses, resulting in a positive return for Thetanauts. 🥜🥜🥜
Check out our Weekly Round Up… pic.twitter.com/wuoB7VKlNb
— Thetanuts Finance (@ThetanutsFi) August 2, 2024
Furthermore, value accrual is another important aspect, with fees earned by Thetanuts Finance being accrued to the Treasury, controlled by the Thetanuts Finance DAO once governance is active. Holders can also lock their $veNUTS for up to 12 months for Boosted Emissions, receiving up to 1.5x increased liquidity incentives on the platform. However, they cannot vest their $veNUTS during this lock-up period.
In addition to these developments, Thetanuts Finance recently completed a $17M institutional funding round led by Polychain, Hyperchain Capital, and Magnus Fund. This funding supports their goal of creating a dynamic altcoin option market and advancing structured DeFi products.
4. Hat (HAT)
Hats.finance aims to integrate Web3 security into the development lifecycle, empowering the next generation of crypto users. Their approach transcends traditional security models by creating a transparent, decentralized ecosystem incentivizing secure coding practices.
Using tools like audit competitions and incentive mechanisms, they foster a culture of security awareness and shared responsibility across Web3. Furthermore, this decentralized governance and permissionless platform offers enhanced transparency and ownership in the security process for all users. Ultimately, Hats.finance aspires to foster a cycle where security and innovation can flourish, making Web3 a secure and accessible space for everyone.
Moreover, Hats.finance employs a layered strategy to address security and development challenges in Web3. Initially focusing on security infrastructure, they plan to expand towards incentivized open-source development. Their approach builds on existing decentralized infrastructure and utilizes IPFS for storage.
By providing a Web2-like user experience, Hats.finance reduces barriers to entry and encourages broader adoption. As each challenge is tackled, attention shifts to the next obstacle, promoting continuous improvement and innovation.
DeSec is the way for projects like @metromxyz 🫡.
This is why their first public audit competition was a success:
✅ In 14 days, 65 vulnerabilities were found, 9 valid: 4 Medium and 5 Low:
📖 Findings shared allowed @metromxyz to introduce, improve, and enhance key… pic.twitter.com/9bBZU8CXul— Hats.Finance 🦇🔊 (@HatsFinance) August 2, 2024
Meanwhile, their smart contract audit competitions stand out by allowing open participation from a diverse pool of experts. A small fee is required for each on-chain vulnerability report to ensure quality. Unlike other platforms, Hats.finance rewards only the first submitter of each verified vulnerability, thus reducing redundant submissions and ensuring projects pay only for unique findings.
Key features include public and private competitions, quick launch and access, and a pay-for-results model. These features enable real-time vulnerability management, direct communication, and rapid resolution, leading to more secure smart contracts.
Hats.finance has partnered with Nautilus Chain and Meter to enhance security and introduced the “Skin in the Game” initiative with Shieldify. They have also welcomed Ponyswap, adding an extra security layer through a decentralized bug bounty vault.
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