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Reading: $200M Raised for Solana’s ‘COMMing SOON’ NFT Mint
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Mycryptopot > News > Crypto > Nft > $200M Raised for Solana’s ‘COMMing SOON’ NFT Mint
Nft

$200M Raised for Solana’s ‘COMMing SOON’ NFT Mint

January 8, 2025 3 Min Read
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$200M Raised for Solana's ‘COMMing SOON’ NFT Mint
mycryptopot

The Solana Digital Machine’s upcoming mission, COMMing SOON NFTs, has shortly gained traction, elevating $200 million in subscription pledges inside 16 hours of its announcement. The minting course of, set to start at 12:00 PM UTC on January 14, has already been oversubscribed by 8 instances.

COMMing SOON NFTs

TWO HUNDRED MILLION DOLLARS 🔴

$200,000,000 has been dedicated to the COMMing SOON NFT Mint inside the first 16 hours of launch.

This makes the mint round 8x oversubscribed.

LFSOON pic.twitter.com/loKNxwVwFz

— SOON – Solana Optimistic Community (Alpha Mainnet) (@soon_svm) January 7, 2025

Nevertheless, the surge in COMMing’s rising recognition triggered rate-limiting points on X , reportedly impacting customers’ capability to attach their accounts to the NFT minting website. The platform acknowledged these points , which might additionally point out the overwhelming demand for COMMing SOON NFTs.

With minting set to launch on January 14 at 8:00 PM Beijing time (12:00 PM UTC), all eyes are on this Solana mission.

mycryptopot

Solana Digital Machine’s SOON Mission

Aside from the NFT minting figures, the SOON platform just lately introduced its tokenomics and distribution plans, emphasizing a good launch strategy with no pre-mining, pre-token allocations, or VC privileges. Of the overall $SOON tokens:

  1. 51% will go to NFT holders (39% by way of NFTs and 12% as on-chain exercise rewards).
  2. 25% will help ecosystem builders.
  3. 10% is allotted to the crew and co-builders.
  4. The remaining 14% is break up between the SOON Basis (6%) and airdrop/liquidity efforts (8%).

Notably, the platform drew comparisons to the 2017 ICO days of main infrastructure tokens like Solana, Polkadot, and Avalanche, because it underlines the ‘no pre-mine, no pre-token allocations, and no VC privileges’ function of SOON token.

Solana’s ecosystem has develop into a prime participant with the supply of many initiatives. Simply yesterday, information emerged about Solana’s second cellphone, Solana Seeker, which is anticipated to launch in mid-2025. In October 2024, Solana Cellular’s basic supervisor, Emmett Hollyer, acknowledged that the Seeker is priced at $500 and has obtained 145,000 pre-orders.

Additionally Learn: Solana-Based mostly AI Cryptos ZAILGO, BUZZ Hit Data; SOL Rebounds

mycryptopot

Contents
COMMing SOON NFTsSolana Digital Machine’s SOON Mission
mycryptopot

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Reading: $200M Raised for Solana’s ‘COMMing SOON’ NFT Mint
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