Solanaland, a Solana-based launch platform, has introduced the upcoming pre-sale of its native utility token – $SLAND. Based on a press launch through GlobeNewswire on March 25, the ICO presale is ready to happen on the favored launch protocol PinkSale beginning March 28, 2023.
“We’re excited to quickly launch our utility token on the Pink Sale,” in line with the press launch. “We’re creating an all-in-one ecosystem for Solana token launches, and we consider our platform will allow customers to unlock the potential of low-amount tokens. Our launchpad is ideal for builders who wish to discover new alternatives within the DeFi area.”
Solanaland – The whole Solana Launchpad
With Solanaland, customers will be capable to create a launchpad, lock liquidity, autolist on Raydium/Orca, perform airdrops and simply create SPL tokens in a couple of minutes.
Moreover, Solanaland is designed to behave as essentially the most appropriate platform for traders who wish to put money into low-cap tokens within the hope of creating huge income. Usually, low-cap tokens are thought of fairly dangerous since they present larger volatility than different cash. Nonetheless, they compensate for this dangerous nature with the potential for top returns.
With the preliminary token launch set to start within the subsequent few days, Solanaland is ready to enter the fourth and remaining section of improvement – most of which is centered round advertising and marketing.
Earlier phases of the Solanaland undertaking concerned constructing and integrating options that aimed to supply a singular person expertise. One such function is DEXGecko, a pricing instrument that permits customers to trace tokens in addition to view all reside buying and selling knowledge associated to these tokens.
Extra concerning the $SLAND token
As beforehand talked about, the $SLAND token will function the preliminary utility on Solanand; thus it will likely be the first technique of fee for accessing all companies on the Solana launchpad undertaking.
Based on Solanaland’s official web site, there’s a whole provide of 1,000,000 $SLAND tokens, of which 60% is put aside for the upcoming presale. The remaining 40% is predicted for use for advertising and marketing and provide to centralized exchanges.
It’s price saying that the $SLAND pre-sale will enable traders to purchase the token at an “unique low cost fee”. Widespread with most ICOs, traders solely want to attach their Solana pockets to the platform to take part within the pre-sale.
In the meantime, SOL, the unique token of the Solana blockchain, seems to be experiencing a slight worth correction. Based on knowledge from Coingecko, SOL has fallen by 2.3% within the final seven days.
On the time of writing, SOL is valued at $20.78, with a worth lower of 0.39% within the final 24 hours. With a market cap of $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