#LoudestCandidate officially launched the token $LOUD as part of the Initial Attention Offering (IAO), which began on May 31 through #HoloLaunch. The goal of the IAO is to raise $70,000 (400 $SOL ) for 45% of the total offering amount, to be divided between the priority phase for the top 1000 participants and the first community phase. Qualified KaitoAI users can participate by contributing 0.2 $SOL. After the IAO, liquidity was added in Meteora for $SOL and $LOUD, and trading on the open market began since then, marking the start of a decentralized attention experiment supported by #KaitoAI .