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, especially our play-to-earn game that will utilize $PNDA tokens extensively for in-game functionalities,” Taylor noted.
He emphasized that the game is designed to leverage Solana’s high-speed, low-cost infrastructure, ensuring a seamless and engaging user experience.
Join Pandiana’s Telegram & Discord communities to be notified the minute the $PNDA token presale goes live.
Pandiana Tokenomics and Investor Appeal
Pandiana introduces a meticulously crafted token supply structure to sustain long-term growth and utility:
Presale Allocation: 40% (4,000,000 PNDA) – will be airdropped immediately to presale participants once the presale ends.
Team & Advisors: 15% (1,500,000 PNDA) – Vesting with a 6-month cliff post-DEX listing over 24 months.
Ecosystem & Development: 5% (500,000 PNDA) – Supporting ongoing innovation and partnerships.
Play-to-Earn Rewards: 15% (1,500,000 PNDA) – Locked until the game release, enhancing in-game engagement.
Staking Rewards: 12% (1,200,000 PNDA) – For Pandiana ecosystem security.
Liquidity Pool: 10% (1,000,000 PNDA) – Fully locked and burnt to ensure $PNDA token liquidity and market stability.
Airdrop & Marketing: 3% (300,000 PNDA) – To drive community engagement and growth.
About Pandiana
Pandiana is a distinctive meme coin on the Solana blockchain, uniquely integrating meme culture with functional utility through a play-to-earn game model.
Leveraging its native token, $PNDA, Pandiana offers an engaging platform where users can earn by participating in gameplay, setting it apart in the digital asset space.
With a limited token supply of just 10 million and a focus on community-driven development, Pandiana aims to merge entertainment with investment potential.
Pandiana is not just a token but a movement set to redefine the landscape of Solana-based projects.
Stay Connected With Pandiana
Website: https://pandiana.io
X: https://x.com/pandianaonsol
Telegram: https://t.me/pandianaonsol
Discord: https://discord.com/invite/pandiana
Contact:
Matt Taylor
Email: [email protected]
