SAPIEN, an AI data collection startup, is set to launch its Token Generation Event (TGE) on August 20th on the Base network. This marks a significant step for the company, which previously secured $10.5 million in seed funding. SAPIEN Token Details The total supply of the SAPIEN token is capped at 1 billion. At the TGE, 30% of the total supply will be unlocked and made available. This substantial initial release aims to bootstrap liquidity and community participation. Why Base Network? Choosing Base, an Ethereum Layer 2 scaling solution, suggests SAPIEN is prioritizing lower transaction fees and faster confirmation times for its users. This could contribute to a smoother and more accessible experience for those participating in the TGE and utilizing the SAPIEN platform. Further details regarding the TGE mechanics, such as token price and allocation, are expected to be released closer to the launch date. ```