ICO Watch

Immunefi is building a full-stack security platform for crypto, an AI-powered protection platform that unifies audits, bug bounties, monitoring, and threat detection to stop hacks before they happen; since 2020, it has prevented $25 billion in losses while securing 650+ protocols. The $IMU token aims to align incentives across protocols, security researchers, and community members, intending to power the entire Immunefi ecosystem.

Zama is a crosschain confidentiality layer that uses fully homomorphic encryption (FHE) to power confidential smart contracts and assets on existing public blockchains, with the $ZAMA token used to pay USD-denominated protocol fees and to secure and govern the network via staking. The raise is starting at a $55M Floor FDV.

Octra is an upcoming, general-purpose confidential computing L1 that allows computations on data while keeping that data fully private using fully homomorphic encryption (FHE); the $OCT token will serve as a gas token for computations and transactions on the network. As of Dec. 19th, 2025, the Octra public sale has been postponed indefinitely.

Trove is a perp DEX for collectibles, RWAs, equities, and prediction markets. Users with 250,000 - 10,000,000 Trove points get 10% - 20% more filled on their contributions, than users without Trove points.

Infinex is a crosschain, non-custodial "crypto superapp" that offers CEX-like UX around trading and portfolio management while keeping assets fully onchain under user control; the $INX token will facilitate governance, incentives, and revenue sharing. Registrations begin December 27th. Post sale, a further 2% will be sold via Uniswap CCA.

Ranger Finance is a decentralized finance trading infrastructure platform built on Solana.

Solstice is a yield stablecoin protocol on Solana, anchored by USX, a Solana-native stablecoin with $325m+ TVL, and YieldVault, which offers institutional-grade delta-neutral strategies to users; the $SLX token will be used for governance, enabling holders to vote on protocol parameters including risk budgets, incentive allocations, and ecosystem decisions as the protocol decentralizes over time.

Gensyn is a decentralized compute L2 purpose-built for machine learning, allowing independent computers to jointly train and run AI models without centralized cloud providers; details about the $AI token are scarce for now, but presumably it will be used for to pay for machine learning tasks and beyond.

Rainbow is a popular self-custodial wallet for EVM networks that offers user-friendly mobile and desktop experiences; the $RNBW token will be used for rewards and revenue-sharing via buybacks.

Football.fun (part of the broader Sport.Fun ecosystem) is an onchain fantasy sports platform on Base where users collect, trade, and own shares of real-world football (soccer) players as tokenized assets; the $FUN token will power utilities like buybacks and player rewards across multiple sports.

Aztec is a privacy-first Layer 2 on Ethereum that enables fully encrypted smart contracts and private transactions through zero-knowledge proofs (ZKPs) and client-side proving, ensuring user data remains confidential while retaining network auditability; the $AZTEC token will be used to incentivize the decentralized network of sequencers and provers while enabling protocol governance.​

Monad is a high-performance Layer 1 blockchain that utilizes parallel execution and highly technical optimization to supercharge the Ethereum Virtual Machine (EVM), offering developers full EVM compatibility with substantially higher throughput; the $MON token is used to pay for transaction gas fees and to secure the network via Proof-of-Stake consensus.

MegaETH is a high-performance, EVM-compatible Layer 2 that brands itself as the "first Real-Time Blockchain," capable of processing over 100,000 transactions per second with millisecond latency by decoupling transaction execution from state updates; the $MEGA token is expected to serve as the native gas token for the network and facilitate decentralized governance. For the sale: U.S. accredited investors only.