7 Upcoming Web3 Token Generation Events (TGEs) to Watch in 2024

Engaged Web3 investors can't ignore the buzz around Cookie3 and its $COOKIE token. The MarketingFi and AI Data Layer project is a major disruptor in the $650 billion marketing industry, with over 600 million wallets processed, 14+ billion transactions, 170+ ecosystem projects, $5.8 million in funding, and another 1 million+ raised from IDOs and IEOs.

Engaged Web3 investors can’t ignore the buzz around Cookie3 and its $COOKIE token. The MarketingFi and AI Data Layer project is a major disruptor in the $650 billion marketing industry, with over 600 million wallets processed, 14+ billion transactions, 170+ ecosystem projects, $5.8 million in funding, and another 1 million+ raised from IDOs and IEOs.

For other Web3 startups planning to launch this year, Cookie3 is a benchmark for projects looking to launch in 2024—even if the token price didn’t grow as desired.

In this article, we’ll look at seven projects with recent or upcoming token generation events (TGEs) that Web3 communities have been paying attention to.

1. Privasea ($PRVA)

Privasea is an AI-Crypto-DePIN hybrid project introducing a unique “Proof of Human” NFT that mints your biometrics into a Soulbound token. It’s set to transform industries like healthcare, banking, and security.

Privasea has already generated $8 million in private funding across two raises this year, with backers including Binance Labs, OKX Ventures, and Gate.io. They have also partnered with TON Blockchain and Nebula Block.

Launchpads and their communities have been all over Privasea’s $PRVA token. They’ve raised $200k on Oxbull, $50k on Synapse, $300k on DexCheck Pad, $100k on MoonStarter, and $50k on BRCStarter.

This was one of 2024’s most anticipated TGEs, and the results are there to prove it. You can learn about $PRVA tokenomics in Privasea’s whitepaper.

2. Din ($DIN)

Previously known as Web3Go, a cool and colorful rebrand brings the world’s first modular AI-native data preprocessing layer offering users a way to collect AI data and get paid. Binance Labs, HashKey Capital, and NGC Ventures were among the early seed investors who put $4 million into Din.

The TGE took place on July 16th, though there has not yet been an IDO, with investors patiently waiting for an announcement. In the meantime, people can sign up, participate in a range of tasks, and collect “Wafer”, which are points that will eventually convert to $DIN.

3. CV Pad ($CVPAD)

CV Pad has emerged as one of the most exciting and promising Web3 launchpads in the space, gathering an active community, several sold-out launches, and dozens of big-name partnerships, such as LayerZero, Sui, Solana, Algorand, Consensys, and Polygon. Backed by CV VC, CV Labs, and DuckDAO, CV Pad has all the ingredients to be a major player in the launchpad space.

The in-demand $CVPAD token gives platform users larger allocations, higher tiers, and increased odds for “allow-list” draws on listed IDOs. Based on the high ROIs of recent token sales – RunesTerminal, XOXNO, and Taiko – CV Pad users are keen to get a bigger slice of the pie. Other $CVPAD utilities include access to Web3 Alpha channels for venture capitalists, early access to product releases, invite-only events, exclusive opportunities, and multi-asset liquidity mining initiatives.

If this is your first time hearing about CV Pad, it certainly won’t be the last. Registration for the $CVPAD IDO is set to open in early Q4.

4. zkPass (Ticker Unconfirmed)

This decentralized KYC tool uses Multi-Party Computation (MPC) and Zero-Knowledge Proof (ZKP) to overcome notable flaws and frictions in identity verification. The concept of verifying private data on ZK technology caught the attention of major investors, including Binance Labs, OKX Ventures, Sequoia China, and others, who invested a collective $2.5m.

In addition to improved KYC for businesses and their customers, a monetization model for zkPass nodes and developers has driven interest in the project and built up anticipation for its eventual TGE.

For the moment, however, the token has not even been named. This is one to watch.

5. Okto ($OKTO)

Okto’s self-custodial and keyless MPC DeFi wallet is a popular way to swap over 1,000 tokens across different chains. It also allows anyone who wants to support the decentralized economy to invest in vetted investment opportunities and earn a passive income from within the wallet while maintaining privacy and anonymity.

Given its impressive technology, clear purpose behind the project, and backing by CoinDCX, one of India’s largest crypto companies, there’s naturally a lot

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