Crypto ‘Dutch Auctions’ Show Promise After $1.76M Offering Sells Out By Cointelegraph

Crypto ‘Dutch Auctions’ Show Promise After $1.76M Offering Sells Out

On March 24, United States-based blockchain company Solana successfully sold all of its tokens via a “Launch Auction” hosted by crypto fundraising firm CoinList.

Solana raised $1.76 million from 445 bids placed from 91 different companies. 8 million SOL tokens were distributed at $0.22 each. 1,416 prospective investors had registered to participate.

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