Pandiana, Meme Token On Solana, Closes $500,000 Pre-Seed Funding Round
Singapore City, Singapore, July 2, 2024 – Pandiana , a new meme-infused utility token on the Solana blockchain, today announced the successful closure of a $500,000 pre-seed funding round.
This strategic investment was spearheaded by a consortium of seasoned angel investors from the web3 community led by Hypertrove ventures , YNK Capital & Gateron Ventures, setting the stage for a new era of meme coins with practical utility.
The round was facilitated through a Simple Agreement for Future Tokens (SAFT) involving the sale of Pandiana’s $PNDA tokens , crucial for powering the forthcoming play-to-earn platform and various ecosystem utilities.
With this substantial financial injection, Pandiana is poised to significantly broaden its impact within the vibrant Solana ecosystem.
Innovative Approach and Strategic Expansion
Pandiana stands out by integrating the captivating appeal of meme culture with robust utility, distinguishing itself from typical meme projects.
“The backing from influential figures in the cryptocurrency market is not just a financial boost but a strong endorsement of Pandiana’s innovative approach,” shared Matt Taylor, lead developer of Pandiana.
He added, “This investment enables us to enhance our technological base and foster a thriving community centered on our project.”
Forthcoming Developments and Presale Information
Enthusiasm surrounding Pandiana continues to build with the presale of $PNDA tokens scheduled for Thursday, July 4th, 2024, at 4 PM UTC.
The team aims to raise 10,000 SOL by selling 40% of the token supply over 60 days. This presale offers early investors a unique opportunity to buy into this promising project at its inception.
“We are thrilled about the upcoming initiatives,
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