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LiquidX Studio, the mastermind behind Pixelmon, has successfully secured a staggering $7.1 million in a pre-sale event for its upcoming $MON token, part of the Mon Protocol governance platform.
The highly anticipated pre-sale, which kicked off on February 26th and lasted 48 hours, witnessed a remarkable response from the community. With 62,092,000 $MON tokens up for grabs, representing 6.2% of the total token supply, participants eagerly jumped in to secure their share of the offering.
Within a mere 8 minutes of the sale’s commencement, 100% allocation was reached, setting the stage for an exhilarating ride. As the hours unfolded, the demand surged, resulting in a remarkable 200% allocation within the first hour alone. By the conclusion of the 48-hour window, the pre-sale had exceeded expectations, boasting an impressive 270% allocation.
Following the triumphant conclusion of the pre-sale, LiquidX Studio’s CEO, Giulio Xiloyannis, expressed gratitude for the overwhelming support from the community. He emphasized the studio’s commitment to fostering a fair and inclusive ecosystem, rewarding loyal community members while welcoming newcomers.
As participants eagerly await the Token Generation Event (TGE), slated to take place in the coming weeks, LiquidX Studio urges winners to refrain from selling or transferring their NFTs. The studio has outlined a structured vesting schedule, ensuring that participants receive their guaranteed tokens gradually over a 24-month period following the TGE.
This monumental achievement comes on the heels of Pixelmon’s recent success, including a significant seed funding round of $8 million and a strategic partnership with Immutable. With Pixelmon poised to launch on Immutable zkEVM, the future looks brighter than ever for LiquidX Studio and its burgeoning ecosystem.