The Solana Digital Machine’s upcoming undertaking, COMMing SOON NFTs, has shortly gained traction, elevating $200 million in subscription pledges inside 16 hours of its announcement. The minting course of, set to start at 12:00 PM UTC on January 14, has already been oversubscribed by 8 instances.
COMMing SOON NFTs
TWO HUNDRED MILLION DOLLARS 🔴
$200,000,000 has been dedicated to the COMMing SOON NFT Mint inside the first 16 hours of launch.
This makes the mint round 8x oversubscribed.
LFSOON pic.twitter.com/loKNxwVwFz
— SOON – Solana Optimistic Community (Alpha Mainnet) (@soon_svm) January 7, 2025
Nonetheless, the surge in COMMing’s rising reputation brought on rate-limiting points on X , reportedly impacting customers’ capacity to attach their accounts to the NFT minting web site. The platform acknowledged these points , which may additionally point out the overwhelming demand for COMMing SOON NFTs.
With minting set to launch on January 14 at 8:00 PM Beijing time (12:00 PM UTC), all eyes are on this Solana undertaking.
Solana Digital Machine’s SOON Undertaking
Aside from the NFT minting figures, the SOON platform not too long ago introduced its tokenomics and distribution plans, emphasizing a good launch strategy with no pre-mining, pre-token allocations, or VC privileges. Of the whole $SOON tokens:
- 51% will go to NFT holders (39% by way of NFTs and 12% as on-chain exercise rewards).
- 25% will assist ecosystem builders.
- 10% is allotted to the staff and co-builders.
- The remaining 14% is cut up between the SOON Basis (6%) and airdrop/liquidity efforts (8%).
Notably, the platform drew comparisons to the 2017 ICO days of main infrastructure tokens like Solana, Polkadot, and Avalanche, because it underlines the ‘no pre-mine, no pre-token allocations, and no VC privileges’ function of SOON token.
Solana’s ecosystem has grow to be a high participant with the supply of many tasks. Simply yesterday, information emerged about Solana’s second telephone, Solana Seeker, which is predicted to launch in mid-2025. In October 2024, Solana Cell’s basic supervisor, Emmett Hollyer, said that the Seeker is priced at $500 and has acquired 145,000 pre-orders.
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