In the last few months, we have seen new altcoins enter the cryptocurrency market. Some of these projects continued to run their token sales on popular launchpads. All of these activities indicate that we are slowly returning to our business in the cryptocurrency market. This does not mean that the bear market is completely over. But people have started investing again and choosing projects to get involved in. We’ve rounded up some of the most important crypto events in May for our readers.
Important cryptocurrency events to follow in May
May 1: Hypercycle will launch on Singularity DAO Launchpad
May kicks off with the launch of Hypercycle, a decentralized platform focused on insight monetization and data management, on the Singularity DAO Launchpad. This will be Singularity DAO’s third token generation event (TGE). The developers designed HyperCycle for newer services such as the Internet of Artificial Intelligence as well as regular Blockchain. Additionally, the platform’s native token, HCYC, will be available for sale via an initial exchange offering (IEO) on the Singularity DAO launchpad. KYC for this sale started on April 18. The team plans to make the sale on May 1.
May 3: Sui main-net launch
Here Sui lovers will like it. The project team will launch the Sui main-net on May 3. cryptocoin.comAs you’ve followed on , the Sui network has experienced incredible growth and excitement over the past few months. This floating community believes the main-net launch is the next step towards improving the network. The launch will provide extra layers of security for the network. It will also make it scalable for privacy-focused Blockchain applications. If you are a Sui lover keep an eye on this one.
May 10: Sports Blockchain launch from Chiliz
By the way, it is worth noting that Chiliz has left a mark in the fan area. However, the platform plans to take things up a notch by launching its own sports blockchain. This new Blockchain will support fan engagement by design. It will also create more opportunities for monetization in the sports market. The team plans to make the public release on May 10. Later, it will be possible for developers to build on Chilliz Layer-1, which was released earlier this year. Will the CHZ price increase after this event? CHZ is an entertainment token after all. This means that it responds to important events. So, according to experts, it is possible that its value will increase during this event.
May 15: Gala V2 token airdrop
Gala Games has announced that it will release the highly anticipated 2nd version of its native token GALA on May 15. Gala Games is a Blockchain game platform. The enhanced token will come with enhanced usage and governance features such as voting, staking and access to premium content.
May 16: MultiversX (EGLD) will launch its Xlaunchpad
MultiversX will launch its Xlaunchpad on Elrond Blockchain on May 16. The new launchpad will, by design, help new projects raise funds and gain market visibility. It will also come with features such as:
- Liquidity pools.
- Token swaps.
- Yield farming opportunities.
May 18: Skey Network will launch its staking platform
Skey Network announced that it plans to launch its staking platform on May 18. This will allow users to earn rewards by staking their tokens. The launch will also provide extra incentives for users to join the network and improve its overall security and stability.
May 29: Humans.ai main-net
Humans.ai is building an all-in-one platform for AI-based creation and Blockchain governance. There is a community of stakeholders interested in using AI. The platform announced that it plans to launch its main-net on May 29 as part of its growth plans. The platform will support features such as:
- Automatic task delegation.
- Real-time data analysis.
- Personalized insights.
More crypto events in May 2023
Meanwhile, there are also some updates as part of the best cryptocurrency events in May. Some dates are not clear yet. However, we still added it to the list.
Lido main-net upgrade, mid-May.
XCAD Network playground upgrades.
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