Shardeum Launches Public Token Sale, Partners with Tokensoft for Mainnet Launch

Shardeum, a community-oriented Layer 1 blockchain focused on autoscaling, has announced its public token sale in partnership with Tokensoft, a leading technology platform for token launches. The token sale, which began on March 19 and will run until April 14, 2025, aims to provide early access to SHM tokens before the mainnet launch. This initiative underscores Shardeum's commitment to decentralization, scalability, and accessibility in the blockchain ecosystem.

With over 81 million transactions processed, 170,000+ public validators, and a global community exceeding 1.4 million, Shardeum has shown significant momentum leading up to its mainnet launch. The token sale is designed to allow early supporters to participate in the network's growth and benefit from exclusive early access to SHM tokens. Srini Parthasarathy, CTO of Shardeum, expressed excitement about the community's support and the opportunity for them to shape the future of Shardeum. He also highlighted the partnership with Tokensoft, which brings robust capabilities and a seamless user experience to the public sale.

Mason Borda, CEO of Tokensoft, echoed the enthusiasm, stating that Tokensoft is committed to providing secure and compliant infrastructure to ensure a fair, decentralized, and transparent distribution of SHM tokens. The collaboration between Shardeum and Tokensoft aims to support community participation and drive Shardeum towards its mainnet launch.

The token sale offers several advantages to early participants, including discounted pricing, validator access, immediate access to tokens, and seamless KYC and compliance processes. The sale will accept payments in USDT, USDC, and other stablecoins on EVM-compatible chains, with a minimum purchase amount of $500. Validators can purchase a minimum of $2,000 to stake and run a validator node, providing up to 3018 SHM. The token price starts at $1.41 per SHM, with exclusive discounted tiers for early adopters.

Shardeum's public token sale stands out from traditional centralized exchange (CEX) listings post-mainnet by offering discounted pricing, validator access, and immediate access to tokens. The sale is managed through Tokensoft, ensuring secure and compliant token distribution. For more information on the token sale and how to participate, users can visit the official event page.

Shardeum is an autoscaling EVM-based layer-1 blockchain that uses dynamic state sharding to keep gas fees low and transactions per second (TPS) high as participation grows. Its consensus mechanism at the transaction level lowers the computational power needed for validator nodes, making it possible for anyone to run a node and increasing decentralization. Tokensoft, based in Austin, Texas, provides technology services to facilitate the launch and distribution of digital assets, with a strong multi-chain ethos and a track record of supporting top projects in the blockchain ecosystem.