3 Initial Coin Offerings Have the Potential to Make Money on the TON Blockchain
2024-08-21Bittime - Initial Coin Offering (ICO) or presale is a means of raising funds through offering a new type of coin or new cryptocurrency service. The coin in question is a crypto asset.
The Open Network (TON) as a blockchain supported by the Telegram messaging application with almost 1 billion users, is also holding an ICO program, called TON Presale.
So, this article will discuss projects that are currently conducting presales and have the potential to make a profit on the TON blockchain. Anything? Let's discuss it together!
What is TON Presale?
TON Presale or ICO is an opportunity for investors to purchase new tokens operating on the TON blockchain before the tokens are listed on crypto exchanges. This is similar to an initial public offering (IPO) on the stock market, but investors receive digital tokens instead of shares.
Despite the risks associated with early-stage projects, presales offer the potential for huge profits. Because traded tokens are usually sold at a discount compared to the listing price on the exchange later.
Also read: TON Ventures Launches with Funds of $40 Million
How to Invest in TON Presale?
Want to take part in TON's ICO program? Investing in TON Presale is relatively simple. The following is the tutorial:
1. Visit the official website of the project you want to invest in.
2. Search for the presale dashboard and copy the unique wallet address provided.
3. Prepare a TON wallet such as Tonkeeper or TON wallet in the Telegram application.
4. Transfer TON coins to the presale address you copied.
5. Wait for the presale tokens to be transferred to your wallet after the investment is confirmed.
Make sure to always do your due diligence and only invest in projects you believe in after in-depth research.
Initial Coin Offering Potential for Profit at TON Presale
There are at least three crypto projects worth paying attention to in the TON Presale program. All three have advantages and profit potential that attract attention. The following is the explanation:
1. Tonald Token (TONALD$)
Tonald Token is a Political Finance (PolitiFi) project based on Donald Trump that is attracting great attention. As one of the first PolitiFi tokens on the TON network, TONALD$ has great potential following in the successful footsteps of other Trump-related tokens such as MAGA and MAGA Hat.
With a presale price of approximately $0.00099130434 per TONALD$, it offers an attractive entry point for early investors.
Superiority:
- One of the first Trump tokens on TON
- Competitive presale prices
- 23% of supply is allocated to marketing
Also read: Latest Developments in Toncoin (TON)
2. Things Primary Token (THINGP)
THINGP is a project that aims to build a decentralized ecosystem for real-world asset (RWA) tokens on the TON blockchain.
With a focus on tokenizing various traditional assets such as real estate and luxury goods, THINGP has a unique use case on the TON network. Presale sells 20% of total supply of 500 million THINGP.
Superiority:
- Pioneer in RWA tokenization on TON
- Huge growth potential in the RWA market
- Affordable minimum investment (approx. $170)
3. POO (POO)
POO is a utility token that supports the Godex DeFi platform on the TON network. With features like anonymous token swaps, staking, and cross-chain bridges, POO offers exposure to TON's growing DeFi ecosystem.
The presale aims to raise approximately $375,000 with 45% of the total supply being sold to investors.
Superiority:
- Backing of a comprehensive DeFi platform
- Utility features include staking and swap fee discounts
- Low initial market capitalization (under $1 million)
Conclusion
Investment in the TON ICO offers an exciting opportunity for investors seeking high growth potential in the rapidly developing blockchain ecosystem. Tonald Token, Things Primary Token, and POO each represent a different sector - from politics-based meme coins to real-world asset tokenization and DeFi.
That is the discussion regarding 3 Initial Coin Offerings with the Potential to Make Money on the TON Blockchain. So, are you interested in choosing these three promising crypto projects?
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