
Solana Virtual Machine: $200M Raised for ‘COMMing SOON’ NFT Minting Subscription
The Solana Virtual Machine has made headlines with the astonishing news that their upcoming project, COMMing SOON NFTs, has already garnered a staggering $200 million in subscription pledges within just 16 hours of its announcement. This unprecedented response has led to the minting process being oversubscribed by an astonishing eight times.
The scheduled minting process is set to begin at 12:00 PM UTC on January 14 and has already sparked intense interest among investors, collectors, and enthusiasts alike. As the anticipation builds up, it remains to be seen whether the COMMing SOON NFTs will live up to their promise of being an unprecedented event in the world of cryptocurrency.
The Solana Virtual Machine’s commitment to a fair launch approach is evident from its tokenomics and distribution plans. In this regard, they have emphasized a unique feature where no pre-mining, pre-token allocations, or VC privileges are granted. It is worth noting that 51% of the total SOON tokens will be allocated to NFT holders (39% via NFTs and 12% as on-chain activity rewards).
Source: www.cryptonewsz.com