Seraphnet Prepares for Token Launch and TGE

Seraphnet, a blockchain infrastructure project ranked among the top 10 in its category, is preparing for its Token Generation Event (TGE) and distribution. This milestone marks an important phase in its roadmap, reflecting the project's progression toward offering its DLLM token to investors and participants. The TGE is scheduled for December 12, 2024, following a series of fundraising rounds, including a public sale and an angel round.

The public sale will take place from December 9 to December 12, 2024, on the Fjord Foundry platform. The price of the DLLM token during this round is set at $0.035, with a total allocation of 80 million tokens, representing 8% of the total supply. The public sale aims to raise $2.8 million, with all tokens distributed in full at the time of the TGE. This streamlined approach ensures immediate availability for participants and eliminates extended vesting schedules often seen in token launches.

Seraphnet’s focus on blockchain infrastructure underscores its ambition to build robust and scalable solutions within the decentralized ecosystem. The allocation and pricing structure for the DLLM token have been strategically designed to align with these goals. By allocating 100% of the tokens at the TGE, Seraphnet offers transparency and efficiency in its distribution model. This approach is particularly appealing to investors seeking immediate access to their purchased assets.

The token sale rounds reflect the project’s strategic fundraising efforts. The angel round, which precedes the public sale, will offer early supporters the opportunity to contribute to the project's development. These stages are essential for building the financial foundation necessary for advancing the platform’s technology and market presence.

Fjord Foundry serves as the platform for the public sale, reinforcing the accessibility and reliability of the process. Investors can easily participate in the token sale, benefiting from a secure and user-friendly environment. The emphasis on a transparent and efficient token distribution model aligns with Seraphnet’s commitment to fostering trust within its community.

The TGE and distribution mark a pivotal step for Seraphnet as it moves closer to achieving its long-term objectives in the blockchain space. With a clear timeline and well-defined goals, the project demonstrates a commitment to delivering value to its investors and users. By participating in the upcoming token sale, stakeholders have the opportunity to support a promising venture in blockchain infrastructure while gaining access to the DLLM token.