📢 @fuel_network to launch token sale on @impossiblefi
Fuel Network $FUEL has confirmed its upcoming token sale on Impossible Finance, scheduled for December 17th. The staking period for participants begins on December 13th and will remain open until December 18th at 10:00 UTC. The token sale price is set at $0.02 per $FUEL token, reflecting a $200M valuation, with a hard cap of $2M. All tokens purchased will be 100% unlocked at the time of TGE (Token Generation Event). The total supply of $FUEL is 10 billion, with 51% (5.1 billion $FUEL) allocated for community initiatives, ecosystem development, and research & development.
#FuelNetwork is an innovative Ethereum #Layer2 solution, offering top-tier security and high-performance scalability for #dApps. Powered by the #FuelVM and the Sway programming language, it ensures efficiency and developer-friendly functionality. The project has successfully raised $81.5M in two funding rounds, securing investments from leading venture capital firms including @blockchaincap, @stratosxyz, @TheSpartanGroup, and @coinfund_io, among others.
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