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Buidlpad launches Solayer to reshape the encryption crowdfunding ecosystem, initiating $LAYERToken community subscription.
Buidlpad is reshaping the encryption market token issuance model to break the fundraising monopoly previously dominated by venture capital (VC) and launch a fair fundraising platform centered around retail investors. Today (10th), Buidlpad announced the launch of its first community subscription project, Solayer, unlocking the $LAYER token for issuance, and empowering the development of the next-generation hardware-accelerated blockchain, InfiniSVM. Buidlpad connects developers and communities through fundraising to establish a foundation for successful token issuance. Buidlpad launches its first Solayer community subscription plan. 3% of Solayer's native chain and governance tokens will be subscribed on the Buidlpad platform. Buidlpad is committed to reshaping the token issuance model in the encryption market. In the past, the market was flooded with projects supported by venture capital (VC), which attracted users through the point system before going public but were quickly dumped after listing and eventually forgotten by the market. Buidlpad aims to break this pattern by closely linking developers and communities, creating a fair fundraising ecosystem driven by retail investors and individuals. Through Buidlpad, project parties can effectively raise funds and increase community participation, while retail investors can enjoy priority investment opportunities and closely integrate with project development. Buidlpad is committed to building a crowdfunding platform for a community of shared interests, promoting successful token issuance and maintaining long-term performance. The Solayer community subscription has officially launched, and the $LAYER token is fully unlocked. Today (10th), Buidlpad announced the launch of its first community subscription project, Solayer. Solayer will issue the $LAYER token, and it will be fully unlocked during the coin distribution. Solayer is collaborating with Solayer InfiniSVM, a new generation hardware-accelerated SVM blockchain that combines infinite scalability and Solana's L1 security to enhance the network bandwidth of decentralized applications (dApps). Solayer's technology and innovative staking infrastructure: Solayer has provided leading staking services on Solana, launching native SOL staking focused on hardware optimization and quality of service weighted by rights and interests, improving Solana's network throughput and providing the highest block rewards for sSOL holders. Profitable Stablecoin: Solayer has also introduced the first revenue-supported stablecoin, Solayer USD (sUSD), on Solana. Since its launch in the first quarter of 2024, Solayer's total locked value (TVL) has exceeded $350 million, and the sUSD launched in the fourth quarter of 2024 has attracted over $30 million in TVL, setting a precedent for the first on-chain savings account. $LAYER Token features and distribution details: The $LAYER token will serve as the native and governance token of InfiniSVM, granting holders the right to participate in Decentralized Autonomous Organization (DAO) decision-making and vote on key development directions. In addition, $LAYER will also serve as a utility token on the protocol, providing various functions. Solayer community subscription highlights: Subscription and proportional allocation KYC verification start time: January 10th, 6 AM UTC Subscription period: January 13th, 10 AM UTC Total allocation amount: $10,500,000 Issuance token quantity: 30,000,000 $LAYER tokens (3% of the total supply) Supported tokens: USDC (Solana), USDT (Solana), SOL, WIF, BONK Buidlpad encourages interested investors to complete KYC verification as soon as possible to participate in the subscription. For more information about Solayer and the structure of the community subscription plan, please visit Buidlpad's Solayer page. About Buidlpad: Buidlpad is a top-tier encryption ICO platform in the industry, committed to restoring community ownership in the encryption field in a market where many projects supported by VC have performed poorly and have low trust. Buidlpad aims to reduce the dominance of VC and institutional arbitrageurs over project tokens. Through the democratized community subscription process before Token Generation Event (TGE), and emphasizing transparency and compliance, Buidlpad aligns the interests of retail investor users who truly invest and contribute to the project with the project party. This approach not only ensures effective fundraising and project scalability but also achieves the long-term sustainable development of the team and provides retail investors with profit opportunities and new possibilities. Disclaimer: The content of this article is a sponsored article provided by the contributor. The contributor has no relationship with Gate.io, and this article does not represent the position of Gate.io. This article is not intended to provide any investment, asset advice, or legal advice and should not be construed as an offer to buy, sell, or hold assets. Any services, programs, or tools mentioned in the sponsored content are for reference only, and the final actual content or rules are subject to the announcement or explanation of the contributor. Gate.io is not responsible for any possible risks or losses and reminds readers to conduct their own careful verification before making any decisions or actions.