Shardeum Announces Token Sale Ahead of Mainnet Launch

With the mainnet launch imminent, Shardeum seeks to secure funding through its innovative token sale.

Mainnet launch is quickly approaching for Shardeum, and the team is keeping busy securing the network for a smooth transition. As part of these efforts, they announced their public token sale in partnership with Tokensoft.

The sale provides early access to SHM tokens to users ahead of mainnet. It will run from March 19 until April 14.

The token sale is a significant step in Shardeum’s journey. It underscores the blockchain’s commitment to decentralization, scalability, and accessibility.

With over 81 million transactions processed, 170,000+ public validators, and a global community of 1.4 million, Shardeum boasts strong momentum ahead of its Mainnet launch. The sale enables early supporters to participate in the network’s growth while benefiting from exclusive early access to SHM tokens.

Srini Parthasarathy, CTO of Shardeum, commented: “Our community has supported us tremendously over the past year, and we are so excited to provide them with another opportunity to participate in the next phase of our journey, securing the network, and shaping Shardeum’s future. We are also thrilled to be working with Tokensoft, as they bring robust capabilities and a seamless user experience to Shardeum’s public sale.”

Mason Borda, CEO of Tokensoft, added: “We’re excited to support Shardeum in its token sale, providing secure and compliant infrastructure to ensure a fair, decentralized, and transparent distribution. We share Shardeum’s commitment to community participation and look forward to supporting them as they progress toward mainnet.”

Key Details

What Sets Shardeum Apart

Unlike traditional centralized exchange (CEX) listings post-mainnet, which often favor market-makers and large traders, Shardeum’s public token sale offers several advantages to early participants.

For more information on the token sale and how to participate, users can visit: https://shardeum.tokensoft.io/event/3247.

About Shardeum

Shardeum is an autoscaling EVM-based layer-1 blockchain. Dynamic state sharding helps keep gas fees low and TPS high as participation grows. Shardeum performs consensus at the transaction level and lowers the computational power needed for validator nodes. This consensus mechanism makes it possible for anyone to run a node while increasing decentralization.

About Tokensoft

Tokensoft, Inc. works with blockchain foundations that want to launch in a scalable, secure, and compliant manner. The Austin, Texas-based technology company provides technology services to facilitate the launch and distribution of digital assets. The collective fundraising efforts of projects on the platform have surpassed a billion dollars.

Tokensoft has served as a launch partner for top projects throughout its six years of operation. With a strong multi-chain ethos, Tokensoft has processed over a million unique users on the platform across multiple blockchain ecosystems. Today, the team remains dedicated to providing innovative infrastructure to support the ever-changing needs of projects and their communities.

The post Shardeum Announces Token Sale Ahead of Mainnet Launch appeared first on Chainwire.

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