Solanaland, a Solana-based launchpad platform, has introduced the upcoming pre-sale of its native utility token – $SLAND. In response to a press release by way of GlobeNewswire on March 25, the ICO pre-sale is ready to happen on common launchpad protocol PinkSale starting March 28, 2023.
“We’re thrilled to be quickly launching our utility token on Pink Sale”, based on the press launch. “We’re creating an all-in-one ecosystem for Solana token launches, and we imagine our platform will allow customers to unlock the potential of low-cap tokens. Our launchpad is ideal for degens trying to discover new alternatives within the DeFi house.”
Solanaland – The Full Solana Launchpad
With Solanaland, customers will be capable of create a launchpad, lock liquidity, auto checklist on Raydium/Orca, conduct airdrops in addition to effortlessly mint SPL tokens in minutes.
Moreover, Solanaland is designed to perform as essentially the most appropriate platform for degens trying to spend money on low-cap tokens within the hope of creating enormous earnings. Ordinarily, low-cap tokens are thought-about fairly dangerous as they exhibit larger volatility than different cash. Nonetheless, they compensate for this dangerous nature of theirs with the potential of some excessive returns.
With the launch of its native token to start within the subsequent few days, Solanaland is ready to enter the fourth and last part of its improvement – most of which is centered round advertising and marketing.
Earlier phases of the Solanaland mission concerned the constructing and integration of options aimed toward offering a singular consumer expertise. One in every of such options is DEXGecko, a value software that permits customers to trace tokens in addition to view all dwell buying and selling information associated to those tokens.
Extra On The $SLAND Token
As earlier said, the $SLAND token will function the native utility token on Solanand; thus, will probably be the first cost medium for accessing all companies on the Solana launchpad mission.
In response to Solanaland’s official website, there’s a complete provide of 1,000,000 $SLAND tokens, 60% of which has been put aside for the upcoming presale. The remaining 40% is anticipated for use for advertising and marketing and provide to centralized exchanges.
It’s price stating that $SLAND pre-sale will permit traders to buy the token at an “unique low cost price”. Frequent with most ICOs, traders want solely to attach their Solana pockets to the platform as a way to take part within the pre-sale.
In the meantime, SOL, the native token of the Solana blockchain, seems to be experiencing a slight value recorrection. In response to data from Coingecko, SOL has declined by 2.3% within the final seven days.
On the time of writing, SOL is valued at $20.78, having a 0.39% value decline within the final 24 hours. With its market cap valued at $7.98 billion, the altcoin stays the twelfth largest cryptocurrency available in the market.
SOL buying and selling at $20.84 | Supply: SOLUSD chart on Tradingview.com
Featured Picture: Binance Academy, chart from Tradingview.com