The Satoshi City ($CITY) Private Sale on Kommunitas
In January 2022, the decentralized launchpad Kommunitas facilitated a successful private sale for the metaverse project Satoshi City. The event, which was offered to Kommunitas’s partners and Key Opinion Leaders (KOLs), concluded after being officially sold out, demonstrating strong early-stage investor confidence in the project.
About the Satoshi City Project
Satoshi City is a virtual metaverse designed as a social hub where users can interact, play games, and own land as NFTs. The project’s vision is to create a dynamic digital reality that combines elements of social media, online gaming, and a user-owned virtual economy, allowing participants to build and shape their own online experiences.
Private Sale Results: A Breakdown by the Numbers
The private sale on the Kommunitas platform generated significant interest from its exclusive community of early-stage investors, leading to a swift sell-out.
Key statistics from the sale include:
- Total Funds Raised: 50,000 USDC
- Total Participants: 204
- Total Transactions: 284
These figures highlight the effectiveness of the Kommunitas launchpad in connecting promising new projects with a dedicated group of strategic investors, providing Satoshi City with the initial capital needed to advance its development goals.
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