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Asim710
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MY TARGETS FOR 4-8 MONTHS: $
BTC
: $150K - $200k$
ETH
: $8K - $15k $
BNB
: $1200 - $1,500$SOL: $500 - $800...
$BTC
$ETH
$BNB
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#SOLTreasuryFundraising A Deep Dive into Solana's Community-Driven Funding Model The hashtag #SOLTreasuryFundraising refers to a growing trend within the Solana ecosystem where projects leverage their on-chain treasuries, often held in the form of their own native tokens, to raise capital in $SOL or $USDC. This model represents a shift towards community-centric, transparent, and decentralized fundraising. What is it, Exactly? In simple terms, it's a process where a project announces it is selling a portion of its own treasury holdings to the public in exchange for a stablecoin (like USDC) or $SOL. This is typically done to secure runway for further development, marketing, expansion, or to provide liquidity, all without relying on traditional venture capital. How Does It Work? The Typical Process: 1. Announcement: A project (e.g., a DeFi protocol, NFT marketplace, or infrastructure tool) announces a treasury fundraising initiative on Twitter (X), Discord, and other social channels using the hashtag. 2. Transparency: The project provides full transparency by publishing the Solana wallet address of its treasury. Anyone can inspect the holdings on a block explorer like Solscan. 3. Terms: The team sets clear terms: · Total Amount to Raise: e.g., "We are aiming to raise 50,000 USDC." · Valuation/Cap: They might set a valuation cap (e.g., selling tokens at a $5M fully diluted valuation) or a fixed price per token. · Hard Cap / Soft Cap: Some have a maximum (hard cap) and a minimum (soft cap) goal. · Timeline: The sale often runs for a set period (e.g., 72 hours) or until the cap is reached. 4. Participation: Interested community members and supporters send $SOL or $USDC to the project's designated public wallet address. 5. Distribution: After the sale concludes, the project uses the raised funds for development and distributes the treasury tokens to participants' wallets based on the amount they contributed (usually pro-rata if the hard cap is exceeded).
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Latest News
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Bitcoin(BTC) Surpasses 111,000 USDT with a Narrowed 0.76% Decrease in 24 Hours
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