BlockBeats news: On January 23, Fabric, the general-purpose robot open network under OpenMind, announced the launch of its native token ROBO. The public sale will begin at 20:00 on January 26 on the Kaito Capital Launchpad. The public sale is valued at $400 million, with a fundraising target of $2 million, and 0.5% of the total token supply will be sold, with 100% of the tokens released at the time of the TGE (Token Generation Event). In the public sale, 40% of the tokens will be prioritized for allocation to the Fabric Foundation, Kaito, Virtuals, and the Surf AI community.
Fabric Launches Native Token ROBO, Aims to Raise $2M in Public Sale
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Summary
Fabric, a general-purpose robot open network under OpenMind, announced the launch of its native token ROBO, marking a major token launch news event. The public sale will begin on January 26 at 20:00 UTC via the Kaito Capital Launchpad, aiming to raise $2 million with a $400 million valuation. A total of 0.5% of the token supply will be offered, with 100% unlocked at TGE. Forty percent of the tokens will be allocated to the Fabric Foundation, Kaito, Virtuals, and the Surf AI community. This new token listing event is expected to attract significant attention from crypto traders and investors.
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