The Cherry Network ($CHER) Public Sale on Kommunitas
In a demonstration of strong community engagement and investor demand, the decentralized launchpad Kommunitas hosted a highly successful public sale for Cherry Network, a protocol for decentralized file storage. The sale concluded after being officially sold out, marking a significant fundraising milestone for the project.
This guide provides a historical look back at the results of the public sale, which took place in December 2021.
About the Cherry Network Project
Cherry Network is a decentralized protocol designed to provide trustless file storage and integrate smart contracts, creating a robust infrastructure for the Web3 economy. Its mission is to offer a more secure, private, and censorship-resistant alternative to traditional centralized data storage solutions, empowering developers and users with greater data sovereignty.
Public Sale Results: A Breakdown by the Numbers
The success of the public sale on the Kommunitas platform can be seen in the final participation and fundraising metrics. The event generated significant interest, leading to a swift sell-out.
Key statistics from the sale include:
- Total Funds Raised: 75,000 USDC
- Total Participants: 867
- Total Transactions: 1,726
These figures highlight the strong support from the Kommunitas community and the effectiveness of its launchpad in connecting promising projects with a broad base of investors. This successful fundraising event provided Cherry Network with the necessary resources to move forward with its development roadmap.
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