Base Mafia, a rising star in the world of memecoins, is gearing up for its upcoming Initial Coin Offering (ICO) with high anticipation. Ranked #2 in the memecoin category, the project aims to bring innovative infrastructure to the blockchain space. Here's an overview of what to expect from this promising ICO.
Token Generation Event (TGE): is scheduled for Q3, 2024. This event will mark the initial distribution of MAFIA tokens to early investors and participants.
IDO Rounds: The IDO on KingdomStarter ended on June 20, 2024, with a token price of $0.12 and a pre-valuation of $12 million. The IDO on Kommunitas concluded on June 19, 2024, at the same token price and valuation. The private round ended in Q1, 2024, raising $400,000 with a token price of $0.10 and a pre-valuation of $10 million.
Token Allocation and Distribution: A total of $400,000 was raised across three rounds. Token distribution includes 10% at TGE, a 1-month cliff period, and linear distribution over the next five months.
Base Mafia is designed to enhance the blockchain infrastructure by integrating unique features that cater to the growing needs of the digital asset community. With a substantial pre-valuation and successful fundraising in its initial rounds, the project demonstrates strong potential for growth and adoption.
The Base Mafia community is active on various platforms, including Twitter and Telegram, providing regular updates and engaging with prospective investors. This engagement is crucial for building trust and maintaining transparency as the project progresses towards its TGE.
The successful completion of the IDO rounds and the upcoming TGE in Q3, 2024, position Base Mafia as a noteworthy contender in the memecoin market. Investors and enthusiasts are eagerly awaiting the launch, expecting substantial returns and innovative developments from the project.
Base Mafia's upcoming ICO represents a significant opportunity for investors to participate in a promising project that aims to revolutionize the blockchain infrastructure. With its strategic token distribution and active community engagement, Base Mafia is set to make a notable impact in the crypto space.