Supra has said that it is soon bringing its vision to life. The public sale date for $SUPRA has been set for October 25, 2023, at 3 p.m. SGT. The team has credited its success so far with the token to its research and development and other breakthroughs.
The token sale will be on an FCFS basis, that is, on a first-come, first-served basis. The event will last until all the tokens have been allocated to eligible candidates. The total supply has been set at 50 million, with a minimum contribution of $200 from every person. There is no cap on the maximum value. The official website of Supra has the option to set reminders, making sure that interested candidates don’t miss out on the opportunity for public sale.
All they have to do is connect the wallet and use ERC-20 USDC tokens. This can be done through WalletConnect, MetaMask Wallet, Coinbase Wallet, or Binance Chain Wallet.
Supra is confident about the launch. It has been highlighted that the objective of having a team is to build an infrastructure that supports decentralized applications, blockchains, and smart contracts in the present and future. Meaning, it will be capable of scaling up in the future with no negative effect whatsoever on the ecosystem.
Supra has made additional clarifications, particularly in relation to the $SUPRA public sale. The team has said that the supply is limited, but anyone from the community or general public can participate. The idea is to foster the concept of decentralization and fuel the mechanism of control plus ownership. The event presently marks a chance for early supporters to get on board before there is a jump to the Token Generation Event.
That being mentioned, it’s worth highlighting that numerous upcoming ICOs are slated for the final months of 2023. Notable examples include Kryptview, CardaBit, and BITmarkets tokens. An ICO, short for Initial Coin Offering, serves as a fundraising method for businesses looking to bolster their offerings. It offers entry to individuals who have faith in the potential of the technology being introduced to the world.
The vesting period for $SUPRA has been set to 10% at the time of TGE and 5% each over 18 months. This refers to the timeline of when tokens will be transferred and made accessible to holders.
Supra has warned the community against any malicious activity that may happen during this time. It has been recommended to seek information from the support team, also mentioning that the first digits of the public key for the presale are 0xF5D.
Contributions are currently supported only by USDC on the Ethereum Mainnet. This has been made available by Circle and Coinbase, two of the most secure and compliant organizations. Supra concluded the announcement by thanking its tribe and calling this public sale a beginning.