CoinList Token Launches: 2024 Growth Update
CoinList ran token launches for 14 projects so far in 2024, with a total of $104 million in tokens purchased by more than 100,000 early adopters.
Since then, many of these projects have gone on a growth tear, launching successful token-generation events and attracting some of the best developers, users, and partners in the space.
As we enter the home stretch of 2024, let’s take a look at the latest progress and achievements* from some of the projects that launched on CoinList this year.
1. bitsCrunch ($BCUT)
About: bitsCrunch is a decentralized, AI-enhanced data network that delivers unmatched analytics and forensic data for NFTs, wallets, and other digital assets on the public blockchain. Utilizing a single API, bitsCrunch empowers developers to access insights across multiple blockchains, ideal for building multi-chain applications.
Date of Launch: December 14, 2023
Recent Growth:
- 100,000 content curation and annotation proposals made by 600 daily active contributors.
- Published bitsCrunch Roadmap, which details upcoming protocol developments.
- Indexing capabilities now include seven chains, such as Linea, BTC Ordinals, and Solana.
- Revamped UnleashNFT website to deliver enhanced user experience for NFT enthusiasts.
- More than 10% of circulating supply staked in the protocol.
2. Subsquid ($SQD)
About: Subsquid is a data network designed for the future of Web3. Subsquid allows users to rapidly and cost-efficiently retrieve blockchain data from 100+ chains using Subsquid’s decentralized data lake and open-source SDK to build billion-user dApps.
Date of Launch: January 18, 2024
Recent Growth:
- $242 million in data infrastructure, and tens of thousands of development and DevOps hours saved by SQD data lake.
- 807 TB of blockchain data stored in-network, serving 942 TB to dApps.
- 170+ projects, including PancakeSwap and Shiba Inu, announced that they are using SQD.
- Partnered with Deutsche Telekom and Google Cloud.
- Released an updated development plan, which includes the upcoming release of ‘Gateway 2.0s,’ poised to massively grow the demand side for data from SQD Network.
3. zkLink ($ZKL)
About: zkLink develops zero-knowledge blockchain solutions for the Ethereum ecosystem. By connecting various L1 blockchains and L2 networks, zkLink’s versatile ZK-Rollup infrastructure enables developers and traders to leverage aggregated assets and liquidity from different chains and offer a seamless multi-chain trading experience, contributing to a more accessible and efficient DeFi ecosystem for all.
Date of Launch: January 25, 2024
Recent Growth:
- $540+ TVL on zkLink Nova with an aggregated total of nearly 24 million completed transactions.
- Listed ZKL on top exchanges, including Bybit, Gate, KuCoin, Bitget, MEXC, and BingX, and opened the first governance proposal for their protocol.
- Successfully completed Ecosystem Grants program, allowing 15 protocols from various verticals to build on zkLink Nova.
- Grew ecosystem to include more than 100 partners, such as blockchain integrations, DApps integrations, and native applications being developed on zkLink Nova.
4. Nibiru ($NIBI)
About: Nibiru is an L1 blockchain and smart contract ecosystem providing superior throughput and unparalleled security. Nibiru is leading the charge toward mainstream Web3 adoption by innovating at each layer of the stack: dApp development, infrastructure, consensus, a comprehensive developer toolkit, and value accrual.
Date of Launch: February 1, 2024
Recent Growth:
- Established key bridge integrations through IBC, including Axelar, Wormhole, and Noble.
- Signed with a major bridge provider to officially offer bridged USDC.
- Upgraded Nibiru EVM, which enables full backward compatibility with Ethereum, supporting Solidity contracts, and tools like Ether.js and Metamask.
- Achieved parallel optimistic execution and completed code with release planned for an upgrade following Nibiru V2 upgrade.
5. Meson Network ($MSN)
About: Meson Network is the largest decentralized bandwidth trading marketplace, boasting the industry's highest user volume and node resource count. Leveraging the idle bandwidth from these network nodes, Meson has established an economic cycle that connects idle resources with business demand.
Date of Launch: February 8, 2024
Recent Growth:
- 500,000+ users on Gaganode, their residential bandwidth business.
- 31,000+ users on GatewayX, their scalable storage solution that utilizes Meson Cloud infrastructure to store data on Arweave and IPFS.
- Developed and tested Xlander CoreDB, which enhances efficiency and secondary indexing using B-tree and Trie structures.
- Enhanced anti-cheating mechanisms, which temporarily reduced node data, but are expected to improve long-term monetization.
6. Masa Finance ($MASA)
About: Masa is the World’s Largest Decentralized Personal Data Network, shifting the power of data back to users. The Masa Network is built on a dedicated Avalanche Subnet, which empowers developers to access and verify high volumes of zero-knowledge encrypted data, at a massive scale and low cost.
Date of Launch: March 7, 2024
Recent Growth:
- Rapidly scaled decentralized AI data network to include 48,000+ node workers, 10+ leading institutional validators, and 100+ AI developer customers.
- 20 billion real-time annotated data points delivered daily to AI developers from sources including X, Telegram, and Discord.
- Launched Subnet 42 on Bittensor, powering data aggregation and transformation.
- Featured as a leading AI project at global conferences and events, including EthCC, Korean Blockchain Week, and Token2049.
7. Mystiko ($XZK)
About: Mystiko operates a universal ZK SDK that enhances the scalability, interoperability, and confidentiality of blockchains. This SDK enables developers to build blockchain applications that reduce costs, scale seamlessly, securely communicate across different chains, and protect users’ on-chain privacy.
Date of Launch: March 28, 2024
Recent Growth:
- 40.53% increase in active users since token launch.
- 29.88% increase in total transactions since token launch.
- Reduced resource usage by 80% on mobile platforms by optimizing the Mystiko SDK, thereby eliminating the need for full synchronization.
- Partnered with leading Web3 projects, including Gameta, Arris, GPT Wars, LOS Coin, Quantlytica, Ontology, Zetachain, Tunachain, Plena, Sypool Protocol, Metabit Network, Bitstore.com, Bitgert, Pop Planet, and Portal.
- Completed the Mystiko command-line tool, enabling developers to easily interact with Mystiko contracts via a command-line interface.
8. TeleportDAO ($TST)
About: TeleportDAO enables trustless and Bitcoin-grade secure connections from Bitcoin to EVM chains and Bitcoin Layer 2 solutions through a light-client bridge. The protocol facilitates Bitcoin bridging and supports the creation of cross-chain applications for Bitcoin.
Date of Launch: April 11, 2024
Recent Growth:
- Launched the first trustless bridge from Bitcoin to Bitcoin Layer 2s (BSquared & BOB).
- Introduced the first BRC-20 AMM, enabling EVM users to buy BRC-20 tokens with stablecoins.
- Enabled BTC to ERC-20 swaps across seven EVM chains, with five new chains added.
- Expanded TeleOrdinal, the cross-chain marketplace for Bitcoin NFTs, to Ethereum and other L2.
9. Moca Network ($MOCA)
About: Moca Network is an interoperable infrastructure network layer built to redefine network effects in the Web3 space, fully seeded and backed by Animoca Brands’ 450+ portfolio ecosystem and Mocaverse Partner Network’s 700M+ addressable users. Animoca Brands is an early adopter and advocate of Web3, building its network for the past 7 years and investing in companies in gaming, sports, music, and the metaverse.
Date of Launch: April 25, 2024
Recent Growth:
- 100K users onboarded in seven days with $1 million in token grants distributed to active users on MocaDrop, a growth platform for Moca Network partners.
- Announced strategic partnership with MOCA Foundation and The Open Network (TON) Foundation to implement and identify reputation-based consumer networks across both ecosystems.
- Announced collaboration with Magic Eden to launch MagicMoca, an NFT launchpad platform designed to facilitate access to curated gaming and IP NFT project launches.
- Released Realm SDK, a suite of interoperable infrastructure products consisting of a decentralized identity accessible by web2 friendly social login, on-reputation system, on-chain points system and wallet services.
10. NATIX Network ($NATIX)
About: NATIX Network is building an open geospatial intelligence network by utilizing proprietary AI technology and 45 billion existing cameras. NATIX’s flagship product “Drive&” uses driver assistant apps (e.g. dashcam and navigation), token incentives, computer vision AI, and smartphone cameras to crowdsource real-time data, creating an open geospatial Intelligence network that rewards users for contributing.
Date of Launch: May 16, 2024
Recent Growth:
- 60% increase in registered Drive& app users, 131% increase in kilometers covered, and 85% increase in data points collected since the $NATIX token launch.
- Released NATIX Navigation for the Drive& app, which is powered by data generated from the NATIX Network.
- Launched HODL Clubs and Ambassador Program to reward outstanding Drive& app users.
- Drive& became an aggregator for leading DePIN projects through the Marketplace, offering NATIX users a way to leverage Web3 innovation in more aspects of their daily lives.
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