LOUD Token Sale Concludes Raising 399.9 SOL

The LOUD token sale has concluded, marking the end of a significant fundraising event for the project. Participants in the two stages of the sale are expected to receive different amounts of LOUD tokens. Those who participated in the first phase, which was a whitelist phase, are anticipated to receive 225,000 LOUD tokens each. In contrast, participants in the second phase, which was a public sale phase, are expected to receive 56,250 LOUD tokens each. This distribution reflects the different levels of engagement and investment from participants in each stage.

The first phase of the token sale, targeted at a specific group of investors, aimed to raise 200 SOL. The actual amount raised was 194.8 SOL, slightly below the target. This phase was designed to attract early supporters and build a foundation for the project. The second phase, open to the public, raised 205.2 SOL, including an additional 5.2 SOL. This phase was structured on a first-come, first-served basis, allowing a broader audience to participate and contribute to the project's growth.

According to Loud!'s sale rules, when oversubscription occurs in the second phase, the participation quota for each participating user is expected to automatically decrease from 0.2 SOL to 0.05 SOL, and excess funds will be refunded. Therefore, each person is expected to receive 56,250 LOUD in the second phase. Loud! officials also stated that the LOUD tokens have not been generated yet. Participants in the sale are advised to wait for further instructions on claiming.

The successful completion of the LOUD token sale signifies a milestone for the project, as it secures the necessary funds to advance its development and implementation. The distribution of tokens to participants in both phases is a crucial step in building a community of supporters and stakeholders who will play a vital role in the project's future success. The varying amounts of LOUD tokens allocated to participants in each phase reflect the different levels of commitment and investment from early supporters and the broader public.

The LOUD token sale's conclusion is a testament to the project's ability to attract investment and build a community of supporters. The distribution of tokens to participants in both phases is a significant step towards achieving the project's goals and ensuring its long-term success. As the project moves forward, the community of LOUD token holders will play a crucial role in driving its development and implementation, contributing to its growth and impact in the broader ecosystem.