André Cronje, the innovative mind behind Sonic Labs (previously Phantom), is venturing into a new on-chain trading platform called Flying Tulip. Cronje announced on X that he's raising capital for the project, emphasizing a strategic approach for its utilization. Instead of directly funding development, the investment profits will fuel Flying Tulip's initial stabilization. This ensures a smoother user experience from the start. Marketing initiatives will raise awareness and attract traders to the platform. Launchpad incentives aim to encourage early participation. Additionally, the generated capital will provide essential token liquidity. Flying Tulip aims to offer a streamlined and efficient on-chain trading experience, leveraging Cronje's expertise in decentralized finance. More details regarding the platform's specific features and tokenomics are expected to be released in the coming weeks. The platform's launch date is yet to be announced, but is expected to generate significant interest within the DeFi community. ```