PANews reported on June 1 that Loud! (LOUD) has completed two phases of token sales. The first phase (whitelist phase) had a fundraising target of 200 SOL, ultimately raising 194.8 SOL, with each participating user expected to receive 225,000 LOUD. The second phase (public sale, first-come, first-served, wallets from the first phase cannot participate in the second phase) had a fundraising target of 205.2 SOL (including the 5.2 SOL from the first phase that was not fully raised), and it has been oversubscribed and reached the hard cap. When oversubscription occurs in the second phase, the participation amount for each user is expected to automatically decrease from 0.2 SOL to 0.05 SOL, with excess funds refunded. Therefore, each participant in the second phase is expected to receive 56,250 LOUD. The LOUD token has not yet been generated, and users participating in the sale will need to wait for further announcements.
According to previous news, the initial attention offering (IAO) for the $LOUD token will launch on May 31 at 22:00 Beijing time on the HoloLaunch platform of HoloworldAI, with a total fundraising target of 400 $SOL (approximately $70,000). The IAO is divided into two phases: the priority phase is for the first 1,000 $LOUD users, while the community phase is for users who have linked their Solana addresses to KaitoAI and meet the requirements, using a first-come, first-served model.
