Q1 Top-tier projects cluster TGE? A quick overview of 11 key projects' important updates

Author: Nan Zhi, Odaily Planet Daily

According to @layerggofficial statistics and disclosures, dozens of projects are expected to have their TGE or launch mainnet in Q1 of 2025, including heavyweight projects like Berachain, Linea, and OpenSea.

However, an investigation by Odaily revealed that most of the disclosed TGE/mainnet timelines for these projects do not have official announcements backing them, and many are merely community rumors or completely lack any relevant information.

So which key projects have explicitly or implicitly indicated they are about to go live? What important developments or participation opportunities do these projects have recently? Odaily will summarize in this article.

Berachain

• Launch time: Possibly Q1 2025, but no official announcement.

• Financing amount: Series B - $100 million, valuation $1.5 billion; Series A - $42 million, valuation $420 million.

• Recent developments: Engaged in pre-deposit activities with multiple projects, offering early rewards, including Ethena, StakeStone, etc. As of January 8, total deposit amount reached $1 billion.

Monad

• Launch time: Rumored to launch a public testnet in Q1, no official announcement.

• Financing amount: Undisclosed round - amount undisclosed (OKX Ventures); Undisclosed round - $225 million, valuation $3 billion; Seed round - $19 million.

• Recent developments: Started phased rollout of the testnet in November, established the Monad Foundation on December 17. Early January posts hinted at upcoming events.

Abstract

• Launch time: Official announcement states mainnet will launch in January 2025.

• Financing amount: Undisclosed round - $11 million.

• Recent developments: Recently, social media tasks can be participated in, or operations like NFT minting and testnet interactions can be performed. See "How to layout and closely relate to the Abstract airdrop?" "With the imminent token issuance of Fat Penguin, can PENGU, Abstract, and OpenSea achieve a threefold benefit?"

Nillion

• Launch time: Official announcement states mainnet will launch in February 2025.

• Financing amount: Undisclosed round - $25 million; Series A - $20 million, valuation $400 million.

• Recent developments: Interactions with staking and validator nodes are available, see "Interaction Guide: The 'Global Blind Computer' Nillion raises $25 million." Collaborating with numerous AI projects, including Build On Nillion, Thales_ai, Four Pillars, etc.

Story

• Launch time: Official statements hint at a potential mainnet launch soon.

• Financing amount: Series B - $80 million, valuation $2.25 billion; Series A - $25 million; Undisclosed round - $29.3 million.

• Recent developments: Launched a joint task with Binance Wallet lasting three weeks, with clear token rewards. Other interaction content includes testnet leading, ecological project check-ins, purchasing NFTs, etc. Readers can find detailed operation tutorials through social media.

Initia

• Launch time: Rumored to launch mainnet in Q1, no official announcement. The latest mainnet-related announcement was released on December 19, 2024, stating that the mainnet progress is at 78% and undergoing security audits.

• Financing amount: Community round - $2.5 million, valuation $250 million; Series A - $14 million, valuation $350 million; Seed round - $7.5 million; Undisclosed round - amount undisclosed (Binance Labs).

• Recent developments: Activities related to the testnet are still ongoing, including four modules: XP, Swap, Sake, and VIP. Readers can find detailed operation tutorials through social media.

OpenSea

• Launch time: Not yet clear.

• Financing amount: Series C - $300 million, valuation $13.3 billion; Series B - $100 million, valuation $1.5 billion; Series A - $23 million; Strategic financing - $2.1 million; Seed round - $2 million.

• Recent developments: On December 20, the OpenSea Foundation's official Twitter account went live and posted its first tweet "ocean enters the chat." On December 28, a spokesperson for the OpenSea Foundation responded to token issuance rumors: "More information will be announced soon," but no further information has been provided since.

StakeStone

• Launch time: Rumored to have TGE in Q1. StakeStone officially responded to Layergg's launch time form.

• Financing amount: Undisclosed round - $22 million; Undisclosed round - amount undisclosed (Binance Labs).

• Recent developments: Collaborated with Berachain to launch the beraSTONE deposit activity, clearly stating that participants will receive STO (StakeStone tokens) rewards.

Particle Network

• Launch time: Product has launched, and V2 may be released soon; TGE has no official announcement.

• Financing amount: Undisclosed round - amount undisclosed (Binance Labs); Series A - $15 million; Strategic financing - amount undisclosed; Seed round - $7 million, valuation $15 million; Pre-seed round - $1.5 million, valuation $3 million.

• Recent developments: Launched trading platform UniversalX on December 4, the product will soon upgrade to V2.

Lens

• Launch time: Official announcement states mainnet is about to launch, specific date not yet released.

• Financing amount: Undisclosed round - $31 million; Seed round - $15 million; Undisclosed round - amount undisclosed.

• Recent developments: Apart from the imminent mainnet announcement, there are no other significant developments.

Orbiter Finance

• Launch time: Rumored to have TGE in Q1. On January 14, the official Twitter account posted a tweet after a long time, stating "20", it is uncertain whether this is a countdown or has other meanings.

• Financing amount: Series A - amount undisclosed, valuation $200 million; Seed round - $3.2 million, valuation $4 million.

• Recent developments: No significant developments.