Talent Protocol, a platform that aims to support emerging talent, is gearing up for its upcoming Initial Coin Offering (ICO) on July 5, 2024. The ICO will offer the TAL token, priced at $0.065, with a funding goal of $1.3 million. This round is designed to distribute 20 million TAL tokens, representing 3.3% of the total supply, with a pre-valuation of $65 million.
Talent Protocol has already raised $1.7 million in a private round in December 2021 and conducted incentivized activities earlier in 2024. Post-token generation event (TGE) in Q3 2024, participants can claim their rewards in Talent Passport wallets without any lock-up period.
The platform is centered around empowering individuals to invest in and support promising talent, leveraging blockchain technology to create a transparent and decentralized environment. The ICO is anticipated to attract significant interest, particularly from investors keen on fostering talent development through innovative means.