Explore Best and Free ICOs of 2025 and Promising Web3 Tokens
In the fast paced world of Web3 and blockchain innovation, ICOs remain a critical stepping stone for projects looking to raise early capital and build communities. While the ICO landscape has evolved significantly, it still reflects the ambitions and strategies of blockchain startups. Today we take a closer look at five intriguing projects like Ducat, Parlay, Time-Fun, Double Jump Tokyo, and Lukka to understand their current status, growth strategies and what they reveal about broader trends in the market.
Ducat
Ducat is a name that is flying under the radar for now and that seems entirely international. The project is listed as being in the ‘Private Stage’ which means it is not currently conducting a public token sale. Its team has opted to build quietly which used to focus more on internal development and strategic alignment before making any announcement about tokenomics of public releases.
While some startups rush to market, Ducat appears to be investing in long term credibility by building a solid foundation first. They maintain visibility via social media engagement and reveal down the line.
Keep all the tabs on projects like Ducat that are slow to launch but considered in engagement. Like they are often the one laying serious groundwork behind the scenes
Moonray (MNRY)
Moonray is an action packed multiplayer RPG that blends fast paced combat with NFT powered ownership which is developed by Monetary Studios, the game gives players control of ion game assets through blockchain integration. It has already raised around $10 million from backers like Animoca Brands, Republic Crypto and the Cardano Foundation during its private funding rounds.
Moonray is currently available on the Epic Games and Support crossplay. The MNRY token fuels the game’s ecosystem and currently trades at approximately $0.0033 with a circulating supply of nearly 192 million of tokens from a total cap of 1 billion. Although still early in its journey Moonray stands out in the GameFi space by merging high quality gameplay with true digital ownership.
Token Launch: 229 Days Ago
Price Per Token: $0.0034
Market Cap: $653.09K
Volume: $823.18k
Total Raised: $10 Million
Investors: Animoca Brands
Ten ($TEN)
Token Engineering Network is a platform which is built for helping crypto projects design better, safer and more reliable token economics. As the world of DeFi and Web3 continues to grow, so do the risks of broken token models and economic flaws. TEN steps in as a solution by offering a collaborative space where developers, engineers and researchers can test, simulate and fine tune tone systems before launching them live. The project has earned support from major Web3 investors like HashKey Capital and SNZ, which adds serious credibility to its vision. TEN also has its own native token, $TEN, which powers the ecosystem. It gives holders access to premium features like voting rights on network decisions, and rewards for useful contributions like code or research.
Token Launch: Q4, 2025
Total Raised: $16.5 Million
Pre Valuation: $30 Million
Tokens For Round: 22.5 Million TEN
Blockchain: Ethereum
Platform: Coinlist
Token Allocations
Investors: 39.62%
Community Reserve: 38.2%
Early Contributors: 17.18%
Community Airdrop: 5%
RICE AI ($RICE)
$RICE is stepping into the spotlight as a next generation AI protocol which is built with the aim of decentralising access to machine learning models. Its mission is to democratize AI by giving individuals, developers and enterprises the tools to run, share and monetize AI workloads without relying on centralized infrastructure.
At its core, Rice AI is designed to make complex AI capabilities more accessible and efficient for Web3 users. Whether it is for creating smart agents, training models or deploying AI services across the blockchain, which provides a flexible environment that supports real world applications.
The RICE AI ecosystem evolves around its native utility token $RICE which powers all transactions and governance on the platform.
RICE AI ($RICE)
$RICE is stepping into the spotlight as a next generation AI protocol which is built with the aim of decentralising access to machine learning models. Its mission is to democratize AI by giving individuals, developers and enterprises the tools to run, share and monetize AI workloads without relying on centralized infrastructure.
At its core, Rice AI is designed to make complex AI capabilities more accessible and efficient for Web3 users. Whether it is for creating smart agents, training models or deploying AI services across the blockchain, which provides a flexible environment that supports real world applications.
The RICE AI ecosystem evolves around its native utility token $RICE which powers all transactions and governance on the platform.
8X Capital ($8X)
8X Capital is an upcoming ETF style investment protocol powered by AI and which is built on the Solana Blockchain. It aims to bring institutional level crypto investing to everyday users by offering automated , real time portfolio rebalancing without charging any trading fees. Governance of the platform is community driven through a DAO model which allows token holders to help in the shaping of the project’s direction and earn staking rewards.
The platform is gearing up for its public IDO on Kommunitas with an additional allocation available on BSCLaunch.
Token Allocations
Public Token Round: 22%
Founders and Advisors: 20%
Liquidity Pool and Launchpads: 15%
Marketing and Research: 12%
Private Token Round: 4%
KOL Token Round: 4%
Airdrop: 2%
Conclusion
The ICO space is clearly maturing, with a shift from hype driven launches to projects grounded in real utility and long term strategy which focuses on credibility over speed, innovations in gaming, and dApps. Together these projects highlight a growing trend towards stronger fundamentals, community governance and meaningful investment which marks a new phase in the evolution of Web3 fundraising.