Pandiana, A Meme Project on Solana, Secures $500,000 in Pre-Seed Funding From Gateron Ventures
Singapore City, Singapore, July 2, 2024 – Pandiana, an innovative meme utility token on the Solana blockchain, today announced the successful completion of its $500,000 pre-seed funding round, signaling robust investor confidence and a strong market entry.
This significant investment was led by prominent angel investors from the web3 community, led by Gateron Ventures, Hypertrove Ventures & YNK Capital with participation from Nano Sprout Ventures.
This funding, secured through a Simple Agreement for Future Tokens (SAFT), underscores the strategic importance of Pandiana’s upcoming play-to-earn game and its broader ecosystem utilities.
The successful raising using $PNDA tokens, integral to Pandiana’s ecosystem, marks a pivotal moment for this Solana-based project.
Revolutionizing the Meme Coin Sector
Pandiana stands out by blending the playful allure of meme culture with substantial blockchain utility, setting a new standard for meme coins.
“The strong support from experienced investors not only capitalizes our project but also validates our innovative approach to integrating memes with real utility,” said Matt Taylor, Pandiana’s lead developer.
The funds will primarily be used to develop Pandiana’s play-to-earn platform, enhance technological infrastructure, and expand community engagement initiatives.
This strategic funding is aimed at accelerating Pandiana’s development, preparing it for a major role within the Solana ecosystem.
Exciting Developments and Presale Information
With the financial groundwork in place, Pandiana is gearing up for its highly anticipated token presale.
Set to launch on Thursday, July 4th, 2024, at 4 PM UTC, the team is targeting to raise 10,000 SOL by selling 40% of the token supply over 60 days.
This presale offers prospective investors a unique opportunity to engage with a promising new project from its early stages.
“We’re thrilled to roll out our presale, offering early adopters a first-hand opportunity to participate in a project poised to make a significant impact,” Taylor added.
Strategic Tokenomics for Sustained Growth
Pandiana’s tokenomics are designed to support long-term growth and community benefit:
Presale Allocation: 40% (4,000,000 PNDA) with no vesting, ensuring immediate availability for presale participants.
Team & Advisors: 15% (1,500,000 PNDA) vests over 24 months post-DEX listing, aligning team incentives with project success.
Ecosystem & Development: 5% (500,000 PNDA) to fuel ongoing innovation, vested over 24 months post-TGE.
Play-to-Earn Rewards: 15% (1,500,000 PNDA), unlocking with the game release to enrich the gaming experience.
Staking Rewards: 12% (1,200,000 PNDA)
Liquidity Pool: 10% (1,000,000 PNDA) fully locked to ensure market stability.
Airdrop & Marketing: 3% (300,000 PNDA) to enhance outreach and community involvement.
Join the Pandiana Community
Investors and crypto enthusiasts are encouraged to join the Pandiana community via Telegram and Discord to get real-time updates about the presale and participate in shaping this groundbreaking project.
About Pandiana
Pandiana is more than just a meme coin; it’s a transformative project on the Solana blockchain that marries the fun of memes with the lucrative potential of play-to-earn gaming. Leveraging the advanced capabilities of Solana, Pandiana offers a compelling blend of entertainment and financial opportunity.
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]
