Popular IDO Projects Review: ORDG, BL2, SolMash, and Port3 Network

CN
1 year ago

Original | Odaily Planet Daily

Author | Asher

Editor | Qin Xiaofeng

Inventory of popular IDO projects: ORDG, BL2, SolMash and Port3 Network

In the past week, the overall market sentiment has declined, and most of the popular tokens have also experienced a pullback. However, there is still one sector that continues to attract the attention of various communities: Launchpad. Odaily Planet Daily has compiled a list of recent high-profile IDO projects. (Note: Some projects are relatively new and may lack fundamental support, so prices may fluctuate significantly. Please be sure to pay attention to the risks.)

ORDG: The first GameFi project in the Stacks ecosystem

Inventory of popular IDO projects: ORDG, BL2, SolMash and Port3 Network

Image source: Official Twitter

Ordz Games is the first GameFi project in the Stacks ecosystem and the first truly meaningful GameFi project in the Bitcoin ecosystem. Investment institutions include Waterdrop Capital, Unisat, Shenyu, Sora, etc., and its native token is OG. In this round of the market, Ordz Games announced the suspension of OG token trading and re-launched the IDO sale on the ALEX platform (Ordz Games is also the first IDO project on this platform), while renaming the token to ORDG.

Inventory of popular IDO projects: ORDG, BL2, SolMash and Port3 Network

IDO on ALEX platform

The IDO sale of ORDG on the ALEX platform has ended. The original plan was to raise 2.35 BTC, but due to the project's popularity, the final oversubscription reached 81.7 times, raising over 192 BTC, with a single ticket winning probability of only 1.22%.

Inventory of popular IDO projects: ORDG, BL2, SolMash and Port3 Network

ORDG fundraising situation

Currently, ORDG can be traded on the ALEX platform. In addition, the cross-chain recharge and withdrawal from the BTC chain to the Stacks chain have also been opened at 3:00 pm on January 8th, Beijing time.

Inventory of popular IDO projects: ORDG, BL2, SolMash and Port3 Network

$ORDG cross-chain transactions

Official Twitter: https://twitter.com/OrdzGames;

Official website: https://www.ordz.games/.

BL2: The latest Launchpad project on the TurtSat platform

Inventory of popular IDO projects: ORDG, BL2, SolMash and Port3 Network

Image source: Official Twitter

BL2 is built on the VM universal protocol and the BTC security layer, aiming to establish a dynamic BTC Layer2 ecosystem by creating dApps and smart contract platforms. It is worth noting that BL2T is the first BTC Layer2 project on the TurtSat platform.

Inventory of popular IDO projects: ORDG, BL2, SolMash and Port3 Network

Introduction to BL2

Because BL2T is launched on TurtSat, only whitelisted users can participate. The whitelist is divided into two rounds, Alpha and Beta. The Alpha round guarantees a 100% share of the whitelist, with the sale starting at 7:00 pm and ending at 9:00 pm (Beijing time); the Beta round is currently a lucky draw mode, with the sale starting at 9:30 pm and ending at 11:00 pm (Beijing time).

Inventory of popular IDO projects: ORDG, BL2, SolMash and Port3 Network

Image source: TurtSat Official Twitter

Official Twitter: https://twitter.com/BL2_official;

Official website: https://bl2.live/

SolMash: A LanuchPad platform focusing on NFTs

Inventory of popular IDO projects: ORDG, BL2, SolMash and Port3 Network

SOLMASH

SolMash is a LaunchPad platform in the Solana ecosystem focusing on NFTs. In the words of the community, SolMash aims to create a "TurtSat" on the Solana chain. Last week, SolMash announced the issuance of its platform token MASH through IDO. After the news was announced, the community's sentiment soared, hoping to have the opportunity to qualify for the whitelist.

Inventory of popular IDO projects: ORDG, BL2, SolMash and Port3 Network

Image source: Official Twitter

MASH IDO activity has been extremely popular, and one important reason is the success of the first Launch project SoBit on SolMash, where a whitelisted SOBB could be sold for $20,000, yielding over a hundredfold return. Due to fluctuations in SOBB prices and other reasons, SolMash has changed the participation pricing for the Lauchpad. The new pricing is as follows:

  • 1 Ticket = 10,000 MASH
  • 1 Ticket = 3000 SOBB
  • 1 Ticket = 1 SOL

Additionally, due to feedback from many community users regarding wallet connection issues during IDO participation, the participation time has been extended by 24 hours. The new schedule for participating in MASH is as follows:

  • Staking round: January 6th 19:00 (UTC) - January 9th 19:00 (UTC)
  • Whitelist round: January 9th 11:00 (UTC) - January 9th 19:00 (UTC)
  • HonestPool round: January 9th 11:00 (UTC) - January 9th 19:00 (UTC)
  • Withdrawal time for all rounds: January 10th 14:00 (UTC)
  • Trading start time: January 10th 15:00 (UTC)

Official Twitter: https://twitter.com/SolMash_Launch

Official website: https://solmash.wtf/

Port3 Network: IDO Sale

Inventory of popular IDO projects: ORDG, BL2, SolMash and Port3 Network

Port3 IDO Sale

Last weekend, Port3 Network announced the sale of its token PORT3 through IDO, and the official will draw 800 whitelist qualifications. Each whitelist is a $100 share, with a subscription price of $0.05. Due to the high popularity of IDO projects in the market, in less than 2 days of the whitelist lottery, over 668,500 addresses participated. In the end, the project team temporarily added 200 whitelist shares to reward the community's high enthusiasm for this IDO. Therefore, a total of 1000 whitelist shares were issued at the end of the event, with a comprehensive winning rate of 1.5%.

This afternoon, PORT3 officially opened, with the highest opening price at $0.19, and the highest whitelist return at 2.8 times. The current price is $0.13, with a market value of approximately $130 million. Additionally, the official announced that the token will soon be listed on Gate.io, Kucoin, and Bybit.

Inventory of popular IDO projects: ORDG, BL2, SolMash and Port3 Network

Image source: Dexscreener

At the same time, according to feedback from several users interacting with the Port3 Network project, the value of the PORT3 token airdrop cannot compensate for the cost of participating in the interaction, causing significant FUD sentiment in the community (as shown in the image below).

Inventory of popular IDO projects: ORDG, BL2, SolMash and Port3 Network

Community FUD sentiment

Official Twitter: https://twitter.com/Port3Network

Official website: https://soquest.xyz/space/port3network

Summary

Although the current market is fluctuating up and down with BTC, the overall market sentiment is not consistently in a FOMO state. However, participating in popular IDO projects can still yield good returns. Therefore, it is a good strategy to try to obtain whitelists for popular IDO projects or find high-quality "golden shovels." Finally, Odaily Planet Daily reminds investors that the NFT market is highly volatile, so thorough research is essential before investing.

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