Crypto Gloom

Today’s New Cryptocurrency Launches, Listings, and Presales – MPAA, Hat, Thetanuts Finance

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As the 2024 US presidential election approaches, cryptocurrencies have become a focus, with former US President Donald Trump taking a pro-crypto stance. The introduction of an Ether spot ETF has also created excitement and optimism among investors.

These positive developments in the digital asset space have many people considering adjusting their portfolios. Today’s New Cryptocurrency Launches, Listings, and Pre-Sale Also receiving significant attention, InsideBitcoins helps in this process by selecting the best tokens and providing detailed insights into their functions, utility, and market outlook.

Today’s New Cryptocurrency Launches, Listings, and Pre-Sale

MPAA Launchpad stands out as an innovative platform on the Base blockchain, specifically designed for creating and trading memecoins. Additionally, 99Bitcoin has made a significant impact in the blockchain space with its unique educational platform, gaining significant market attention and raising over $2.6 million in its pre-sale.

Meanwhile, Thetanuts Finance is making waves with a decentralized on-chain options protocol focused on altcoin options. Furthermore, Hats.finance is working to empower the next generation of cryptocurrency users by integrating Web3 security into the development lifecycle. However, amidst these developments, there are major Selling Cryptocurrency Bitcoin and Ether both experienced significant declines, wiping out $367 billion in value.

1. MPAA

MPAA Launchpad is a pioneering platform for creating and trading memecoins on the Base blockchain. MPAA is a decentralized autonomous organization (DAO) that simplifies token issuance, allowing anyone to create tokens in seconds with minimal fees. The platform ensures security, transparency, and efficiency, making it accessible to a wide audience.

MPAA’s mission is to democratize the creation and trading of Memecoins and foster a community centered around global culture and cryptocurrencies. We aspire to be the leading social finance (SocialFi) platform where users can communicate, share ideas, and participate in trends in a crypto-native way. By reducing barriers to entry and ensuring a safe environment, MPAA envisions blending financial innovation and cultural expression, and fostering decentralized finance and community engagement.

MPAA Price Chart

MPAA’s easy access, cultural engagement, community interaction, and strong security measures set it apart. The intuitive interface requires no coding knowledge, making it easy for anyone to create and trade tokens. MPAA provides users with a unique space to express and utilize Internet culture in line with modern cultural trends.

MPAA has also established strategic partnerships to strengthen its ecosystem. It has partnered with Value, known for its user-friendly interface and multi-chain support for Solana and EVM chains, to provide more transaction options. Another major collaboration is with Star Protocol, an Omni ID protocol powered by LayerZero, to support MPAA’s mission to foster innovation in the blockchain ecosystem.

MPAA is also working with Azen Protocol, which tokenizes computing resources and applications for efficient management and accelerates technological advancement. It is also working with Koi Foundation to advance the development of Koi BTC, an AI-driven gaming economy powered by Bitcoin liquidity. Finally, MPAA is working with SecondLiveReal to expand into the TON ecosystem as a social platform, giving users the opportunity to play, earn, and receive token airdrops.

2. 99 Bitcoin (99BTC)

99 Bitcoin’s The company’s foray into the blockchain space through a unique educational platform has attracted market attention, with over $2.6 million raised in its pre-sale. The project is new, but leverages the extensive experience of the 99Bitcoins media outlet, which was founded in 2013. A significant development in its plans to enhance cryptocurrency education is the introduction of the 99BTC token, which was initially offered as an ERC-20 token but later converted to Bitcoin’s BRC20 framework.

The platform features a Learn-to-Earn feature that combines gamified content with financial incentives. Users 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 this project as an opportunity for users to make money online, highlighting the revolutionary potential of cryptocurrencies to change financial models. The project offers an annual percentage yield (APY) of 672%, and the current token price is $0.00116.

The token economics detailed in the whitepaper demonstrate a thoughtful distribution: 10.5% of the total token supply of 99 billion will be allocated to pre-sale purchasers, 14% to staking rewards, and 44.5% to community incentives and project growth.

Overall, 99 Bitcoin’s The unique market approach provides an exciting opportunity for cryptocurrency investors looking for learning and potential financial gains. Meanwhile, the pre-sale will close within 24 hours, giving investors the opportunity to take advantage of this opportunity.

Visit 99Bitcoins Presale

3. ThetaNuts Finance (NUTS)

Thetanuts Finance is a decentralized on-chain options protocol focused on altcoin options. It allows users to take long or short positions on these options. First launched in September 2021, the protocol introduced Basic Vaults, which sold out-of-money (OTM) European cash-settled options to authorized market makers. This setup generated revenue for users through option premiums.

With the v3 upgrade, Thetanuts Finance is now transitioning to a more decentralized protocol, specifically targeting altcoin options. The new v3 architecture enables new use cases for on-chain options trading by leveraging the existing Basic Vault LP tokens. This functionality is facilitated by the Lending Market and Uniswap v3 Pools, both of which are integrated into the v3 interface.

NUTS Price Chart

Basic Vault LP tokens, represented by $XYZ-C (Call Basic Vault LP Token) and $XYZ-P (Put Basic Vault LP Token), are fungible and transferable tokens that represent Basic Vault positions. As a result, these tokens are essential to all Thetanuts Finance v3 platform trading strategies.

In addition, $NUTS, the governance token of the Thetanuts Finance ecosystem, plays a vital role in achieving the long-term goals of the protocol: decentralization, governance, and incentives. $NUTS holders can stake their tokens to become $veNUTS on a 1:1 basis. As a result, these $veNUTS holders can participate in gauge voting for various components within the ecosystem. They can also participate in governance and contribute to the long-term direction of Thetanuts Finance.

Also, value accumulation is another important aspect, the fees earned by Thetanuts Finance will be accumulated in the treasury controlled by the Thetanuts Finance DAO once governance is activated. Holders can lock their $veNUTS for up to 12 months to receive Boosted Emissions, which will increase liquidity incentives on the platform by up to 1.5x. However, during this lockup period, $veNUTS cannot be vested.

In addition to these developments, Thetanuts Finance recently completed a $17 million institutional funding round led by Polychain, Hyperchain Capital, and Magnus Fund. The funds support the goal of creating a dynamic altcoin options market and developing structured DeFi products.

4. (Hat)

Hats.finance aims to empower the next generation of cryptocurrency users by integrating Web3 security into the development lifecycle. Their approach goes beyond traditional security models by creating a transparent and decentralized ecosystem that incentivizes secure coding practices.

Using tools like gratitude competitions and incentive mechanisms, we foster a culture of security awareness and shared responsibility across Web3. Furthermore, this decentralized governance and permissionless platform provides all users with increased transparency and ownership in the security process. Ultimately, Hats.finance seeks to foster a cycle where security and innovation can thrive, making Web3 a safe and accessible space for everyone.

hat price chart

Hats.finance also uses a layered strategy to address the security and development challenges of Web3. Initially focused on security infrastructure, they plan to expand into incentivized open source development. Their approach builds on existing decentralized infrastructure and utilizes IPFS for storage.

Hats.finance lowers the barrier to entry and encourages wider adoption by providing a Web2-like user experience. As each challenge is solved, attention shifts to the next hurdle, encouraging continuous improvement and innovation.

Meanwhile, their smart contract audit competition stands 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, reducing duplicate submissions and ensuring projects only pay for unique results.

Key features include public and private competition, rapid release and access, and pay-for-results models. These features enable real-time vulnerability management, direct communication, and rapid resolution, resulting in more secure smart contracts.

Hats.finance has partnered with Nautilus Chain and Meter to enhance security, introduced the “Skin in the Game” initiative with Shieldify, and welcomed Ponyswap to add an extra layer of security through a decentralized bug bounty vault.

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