Solanaland, the Solana-based launch pad, has announced the upcoming pre-sale of its native utility token – $SLAND. according to press release Via GlobeNewswire on March 25, ICO pre-sale on popular launchpad protocol PinkSale is set to start March 28, 2023.
According to the press release, “We are excited to soon launch our service token in the Pink Sale.” “We are creating an all-in-one ecosystem for Solana token launches, and we believe our platform will enable users to unlock the potential of low-value tokens. Our launch platform is ideal for those looking to explore new opportunities in the DeFi space.”
Solanaland – Solana’s Complete Launchpad
With Solanaland, users will be able to create a launchpad, liquidity lock, auto-list on Raydium/Orca, and effortlessly perform airdrops as well as SPL codes in minutes.
Moreover, Solanaland is designed to serve as a suitable platform for those looking to invest in low-cap tokens with the hope of making huge profits. Normally, low-cap coins are considered risky because they display higher volatility than other coins. However, they make up for this risky nature with the potential for some higher returns.
With the launch of its native token set to begin in the next few days, Solanaland is set to enter the fourth and final phase of its development – much of it centered around marketing.
Previous phases of the Solanaland project involved building and integrating features intended to provide a unique user experience. One such feature is DEXGecko, a price tool that allows users to track tokens as well as view all live trading data related to these tokens.
More about the $SLAND symbol
As mentioned earlier, the $SLAND symbol will be Solanand’s native tool token; Thus, it will be the primary payment method for accessing all services in the Solana Launchpad project.
according to Solanaland’s official websiteThere is a total bid of $1,000,000 in SLAND tokens, 60% of which is earmarked for the upcoming presale. The remaining 40% is expected to be used for marketing and supplying central exchanges.
Notably, the $SLAND pre-sale will allow investors to purchase the token at an “exclusive discount price.” In common with most ICOs, investors only need to link their Solana wallet to the platform in order to participate in the pre-sale.
Meanwhile, SOL, the native token of the Solana blockchain, appears to be seeing a slight price bounce. according to Data from CoiningeckoSOL decreased by 2.3% in the past seven days.
At the time of writing, SOL is valued at $20.78, with a price decline of 0.39% in the last 24 hours. With an estimated market capitalization of $7.98 billion, the altcoin remains the twelfth largest cryptocurrency in the market.
SOL trading at $20.84 | Source: SOLUSD chart on Tradingview.com
Featured image: Binance Academy, chart from Tradingview.com