Pandiana, a Novel Meme-Driven Token on Solana, Concludes $500,000 Pre-Seed Funding Round
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On July 2, 2024, in Singapore City, Singapore, Pandiana, an innovative utility token infused with meme culture on the Solana blockchain, announced the successful completion of a $500,000 pre-seed funding round.
This significant investment was led by a group of experienced angel investors from the web3 community, spearheaded by Hypertrove Ventures, YNK Capital, and Gateron Ventures, marking the dawn of a new phase for meme coins with practical applications.
The funding round was executed through a Simple Agreement for Future Tokens (SAFT), involving the sale of Pandiana’s $PNDA tokens, essential for fueling the upcoming play-to-earn platform and various ecosystem services.
With this substantial financial backing, Pandiana is well-positioned to expand its footprint within the dynamic Solana ecosystem.
Innovative Strategy and Strategic Growth
Pandiana distinguishes itself by blending the captivating essence of meme culture with robust utility, setting it apart from conventional meme projects.
Matt Taylor, the lead developer of Pandiana, remarked, “The support from key players in the cryptocurrency industry is not just a financial boost but also a strong validation of Pandiana’s innovative approach.”
He further stated, “This investment empowers us to strengthen our technological foundation and cultivate a thriving community around our initiative.”
Upcoming Developments and Presale Details
Anticipation for Pandiana continues to mount with the presale of $PNDA tokens slated for Thursday, July 4th, 2024, at 4 PM UTC.
The team aims to raise 10,000 SOL by selling 40% of the token supply over a 60-day period. This presale presents early investors with a unique chance to get involved in this promising project at its inception.
“We are excited about the upcoming ventures, particularly our play-to-earn game that will extensively utilize $PNDA tokens for in-game functionalities,” Taylor highlighted.
He emphasized that the game is designed to leverage Solana’s fast and cost-effective infrastructure, ensuring a seamless and immersive user experience.
Join Pandiana’s Telegram and Discord communities to receive immediate updates once the $PNDA token presale commences.
Pandiana Tokenomics and Investor Interest
Pandiana has introduced a meticulously planned token supply framework to uphold long-term growth and utility:
– Presale Allocation: 40% (4,000,000 PNDA) – to be airdropped to presale participants post presale closure.
– Team & Advisors: 15% (1,500,000 PNDA) – subject to a 6-month cliff post-DEX listing over 24 months.
– Ecosystem & Development: 5% (500,000 PNDA) – to support ongoing innovation and partnerships.
– Play-to-Earn Rewards: 15% (1,500,000 PNDA) – locked until game release, enhancing in-game engagement.
– Staking Rewards: 12% (1,200,000 PNDA) – for Pandiana ecosystem security.
– Liquidity Pool: 10% (1,000,000 PNDA) – fully locked and burnt to ensure $PNDA token liquidity and market stability.
– Airdrop & Marketing: 3% (300,000 PNDA) – to drive community interaction and growth.
About Pandiana
Pandiana is a distinctive meme coin operating on the Solana blockchain, uniquely blending meme culture with practical utility through a play-to-earn gaming model. Utilizing its proprietary token, $PNDA, Pandiana offers an interactive platform where users can earn rewards by participating in gameplay, distinguishing itself in the digital asset realm. With a limited token supply of 10 million and a focus on community-led development, Pandiana aims to merge entertainment with investment opportunities. Pandiana is not just a token but a movement poised to redefine the landscape of Solana-based projects.
Stay Connected With Pandiana
Website: https://pandiana.io
X: https://x.com/pandianaonsol
Telegram: https://t.me/pandianaonsol
Discord: https://discord.com/invite/pandiana
Contact:
Matt Taylor
Email: [email protected]
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Please note that the content above is promotional in nature and does not constitute part of Cryptonews.com’s editorial content.
