Solanaland, a Solana-based launchpad platform, has introduced the upcoming pre-sale of its native utility token – $SLAND. In response to a press launch by way of GlobeNewswire on March 25, the ICO pre-sale is about to happen on fashionable 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 to 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 operate as probably 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 increased volatility than different cash. Nevertheless, 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 about to enter the fourth and remaining part of its improvement – most of which is centered round advertising.
Earlier phases of the Solanaland undertaking concerned the constructing and integration of options aimed toward offering a singular consumer expertise. One in every of such options is DEXGecko, a worth instrument that permits customers to trace tokens in addition to view all stay 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 undertaking.
In response to Solanaland’s official web site, there’s a whole provide of 1,000,000 $SLAND tokens, 60% of which has been put aside for the upcoming presale. The remaining 40% is predicted for use for advertising and provide to centralized exchanges.
It’s value stating that $SLAND pre-sale will enable traders to buy the token at an “unique low cost price”. Widespread with most ICOs, traders want solely to attach their Solana pockets to the platform with a purpose to take part within the pre-sale.
In the meantime, SOL, the native token of the Solana blockchain, seems to be experiencing a slight worth recorrection. In response to information 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% worth decline within the final 24 hours. With its market cap valued at $7.98 billion, the altcoin stays the twelfth largest cryptocurrency out there.
SOL buying and selling at $20.84 | Supply: SOLUSD chart on Tradingview.com
Featured Picture: Binance Academy, chart from Tradingview.com