Original | Odaily Planet Daily (@OdailyChina)
The Web 3 new project season is here again.
Recently, Echo's Sonar platform has attracted widespread attention for its unexpected returns from Plasma's new project offerings. Meanwhile, several new project offering platforms have launched new projects one after another, further pushing the excitement of the new project sector to new heights.
Rumor has it: Participate in Plasma's new project offering with a deposit of 1 USD to receive over 10,000 USD worth of XPL tokens.
Below, Odaily Planet Daily summarizes three new project offerings that are still open for participation and are currently the most discussed: Limitless, Momentum, and YieldBasis.
Limitless on the Kaito Platform
Limitless Project Introduction
Limitless is currently the largest prediction market platform in the Base ecosystem, with nearly 400 million USD in trading volume for cryptocurrency and stock price predictions. The founder previously developed a viral consumer AI product, supported by a16z, with 300 million downloads.
On July 1, Limitless announced the completion of a 4 million USD strategic round of financing, with investments from Coinbase Ventures, 1 confirmation, Maelstrom, Collider, etc. The company had previously completed a 3 million USD seed round, bringing the total financing to 7 million USD. The new funds are intended to prepare for the upcoming TGE.
New Project Offering on the Kaito Platform
Participation website: https://yaps.kaito.ai/capital-launchpad
Participation conditions: Complete KYC certification on the Kaito platform and stake more than 5,000 sKATIO tokens, with a limit of 1,000 to 250,000 USD.
TGE Unlocking Situation: 50% unlock at TGE, remaining 50% unlock 6 months after TGE.
Current fundraising data: Over 50 million USD raised, 50 times oversubscribed.
Is KYC certification required: Yes, and KYC from mainland China cannot be passed.
Activity deadline: October 5.
Momentum on the Buidlpad Platform
Momentum Project Introduction
Momentum is the centralized liquidity engine of Move, formerly known as Momentum Safe, providing solutions such as Multi-Sig Treasury Management, Token Vesting, and Liquidity Provisioning. Currently, Momentum has completed 10 million USD in financing.
New Project Offering on the Buidlpad Platform
Currently, Momentum's liquidity provision activity on the new project offering platform Buidlpad is preparing for future new project offerings, so to gain more new project shares, more liquidity must be provided in this activity.
Participation website: https://buidlpad.com/hodl/momentum
Participation conditions: Connect a SUI ecosystem wallet, select a qualifying pool, and then click "Add Liquidity." The more liquidity added, the more new project shares obtained (click here for detailed tutorial to jump to the official operation document), with a current total TVL exceeding 220 million USD.
Eligible liquidity pools: SUI–USDC, suiUSDT–USDC, LBTC–wBTC, xBTC–wBTC, xSUI–SUI.
Is KYC certification required: Yes, and KYC from mainland China cannot be passed.
Activity deadline: October 19.
YieldBasis on the Legion and Kraken Platforms
YieldBasis Project Introduction
YieldBasis is a DeFi protocol aimed at solving the core pain point of impermanent loss for liquidity providers (LP) in automated market makers (AMM). The project was developed by Michael Egorov, the founder of Curve Finance, who established YieldBasis in 2024. From the beginning, the project has focused on achieving a "zero impermanent loss" liquidity provision standard through mathematically elegant methods, allowing users holding assets like BTC and ETH to safely earn market-making profits without worrying about losses from price fluctuations.
YieldBasis completed a round of 5 million USD in venture capital in February 2025, with a token valuation of 50 million USD.
New Project Offering on the Legion and Kraken Platforms
Note: Legion has a points threshold for participation, with a limit of 5 million USD, while Kraken participates on a first-come, first-served basis, with a limit of 20 million USD. It is worth mentioning that YieldBasis is Kraken's first launch project.
Activity start date: Legion will open for quota applications at 10 PM Beijing time on September 29, and Kraken will "grab shares" at 10 PM Beijing time on October 1.
TGE Unlocking Situation: 100% unlock at TGE.
Is KYC certification required: Yes, and KYC from mainland China cannot be passed (however, KYC from mainland China can be passed on Kraken).
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