Loud! Token Launches Initial Attention Offering on Solana

Key Points:
  • Loud! launches an Initial Attention Offering (IAO) for $LOUD tokens on Solana.
  • The offering prioritizes contributors based on engagement metrics rather than financial input.
  • Community responses indicate an innovative shift in tokenomics and attention-driven models.

Loud!, a notable player in the crypto sector, has initiated the Initial Attention Offering (IAO) for its $LOUD tokens via HoloworldAI’s HoloLaunch platform on June 1. This event holds significance as it introduces a new distribution model based on user engagement rather than financial input, a novel approach in token offerings.

Loud!, a notable player in the crypto sector, has initiated the Initial Attention Offering (IAO) for its $LOUD tokens via HoloworldAI’s HoloLaunch platform on June 1. This event holds significance as it introduces a new distribution model based on user engagement rather than financial input, a novel approach in token offerings.

Loud! Unveils Engagement-Focused Token Offering with $70,000 Target

In the launch announcement, Loud! confirmed the introduction of its Initial Attention Offering (IAO) for the $LOUD token, aimed at a 400 SOL (approx. $70,000) target. The offering utilizes HoloLaunch, positioning Loud! within the Solana ecosystem. Specific token allocations are distributed among IAO participants, initial liquidity, and community programs. The project’s novel approach prioritizes contributors based on ‘mindshare’ measured by engagement and follower quality.

Market dynamics are notably influenced, as the shift redirects traditional financial commitment towards engagement-driven participation. Token allocation to phase one is outlined for top contributors, culmination of principal allocation based on audience engagement metrics. This method has been observed to build high community involvement and potentially affects broader SocialFi protocols.

“The $LOUD Token is now live, and the IAO claim will open in a few minutes.” — LOUD! Official Announcement, Twitter Account

Community Reactions and Tokenomics Insights Following Launch

Did you know? This IAO model is a significant departure from traditional token offerings, emphasizing engagement over financial contributions.

CoinMarketCap confirms that the Loud Market (LOUD) currently trades at $0.00, with a diluted market cap of $215,814.35. Over 90 days, the token shows a price increase of 16.66%, with circulating supply at 98,218,544.56. Daily trading volume remains at zero, with negligible short-term fluctuations.

loud-market-daily-chart
Loud Market(LOUD), daily chart, screenshot on CoinMarketCap at 18:30 UTC on May 28, 2023. Source: CoinMarketCap

CoinCu research points out that Loud!’s tokenomics could redefine token distribution landscapes, particularly in attention-mining protocols. The Solana-centric approach offers insights into the balance of community engagement and allocation strategies, provoking potential shifts within industry norms.

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