SUI Agents Launches IDO and Token Event

SUI Agents, an artificial intelligence (AI) project ranked #148 in the AI sector, is preparing for its upcoming Initial DEX Offering (IDO) and Token Generation Event (TGE). This marks a significant milestone for the project as it aims to secure funding and distribute its native token, SUIAI, to early investors and participants. The project is built on the SUI blockchain, leveraging its scalability and efficiency for AI-driven solutions.

The IDO for SUIAI is scheduled to take place on Polkastarter from December 5 to December 6, 2024. During this event, tokens will be offered at a price of $0.04 each. The round aims to raise $150,000, with 3.75 million SUIAI tokens allocated for this phase, representing 5.73% of the total token supply. The pre-valuation for the project stands at $2.62 million, reflecting the anticipated value of its AI-driven solutions and blockchain integration.

Token distribution for SUIAI is structured to ensure a balanced rollout. At the TGE, 50% of the tokens will be released to investors, with the remaining allocation following a vesting schedule. The vesting plan includes no initial cliff, distributing 25% of the remaining tokens per month on a linear basis. This approach ensures sustained liquidity while protecting the token’s value over time.

SUI Agents has already completed a seed round, raising $500,000, which highlights early interest and support for the project. As it moves forward with its public sale, the team aims to attract a broader base of investors and contributors through its Polkastarter platform listing.

The project’s roadmap outlines its ambition to position itself as a leading player in AI and blockchain integration. By focusing on scalable solutions and leveraging the efficiency of the SUI blockchain, SUI Agents aims to provide innovative tools and applications for its users. The combination of its AI capabilities and blockchain infrastructure underscores its potential for growth in the rapidly expanding AI sector.

The TGE and IDO represent critical steps in the development of SUI Agents, providing an opportunity for early investors to engage with the project. With its structured token distribution and competitive entry price, SUIAI is positioned as a promising opportunity for those interested in the intersection of AI and blockchain technologies.