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Plasma Announces the XPL Public Sale, Powered by Echo’s Sonar

  • Plasma, a blockchain designed for stablecoins, will hold the first public sale using Echo's Sonar infrastructure.
  • 10% of the total XPL supply will be sold in the public sale at a $500 million fully diluted valuation.
  • The sale allows the public to participate in XPL sale at the same valuation as Founders Fund’s equity investment, ensuring equal access and a fair launch.
  • The XPL token sale aims to distribute tokens to users, developers, and institutions to help scale the network, with stablecoins being deposited into the Plasma vault to earn an allocation.

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