The LOUD token sale has ended, and users are expected to receive 225,000 and 56,250 LOUD in both phases, respectively
PANews reported on June 1 that Loud! (LOUD) has completed two phases of token sale, the first phase (whitelist stage) raised a target of 200 SOL, and finally received 194.8 SOL, and each participating user is expected to get 225,000 LOUD; The second phase (public sale, first come, first served, wallets in the first phase will not be able to participate in the second phase) has a fundraising target of 205.2 SOL (including the unfilled 5.2 SOL quota in the first phase), which has been overraised and reached the hard cap. When the second phase is over-raised, the participation quota of each user participating in the sale is expected to be automatically reduced from 0.2 SOL to 0.05 SOL, and the excess funds will be refunded, so each person in the second phase is expected to receive 56,250 LOUD. LOUD tokens have not yet been generated, and users participating in the sale are subject to further announcements.
According to previous news, the initial attention offering (IAO) of $LOUD tokens will be launched on HoloworldAI's HoloLaunch platform at 22:00 Beijing time on May 31, with a total fundraising target of 400 $SOL (about $70,000). The IAO is divided into two phases: the priority phase for the first 1,000 $LOUD users, and the community phase for eligible users who have a Solana address bound to KaitoAI, on a first-come, first-served basis.