2026-01-17 05:33:39

A prediction market project on the Solana chain successfully completed its IDO fundraising, raising over $20 million with support from a leading exchange, achieving an oversubscription rate of 8 times, which clearly demonstrates market enthusiasm.

According to the project's subsequent plans, the allocation rules will be officially announced on January 20th (Tuesday), allowing investors to understand the specific distribution details at that time. Following that, refund processing will also be prompt, ensuring all refunds are completed before January 21st (Wednesday). The entire process is expected to be fully implemented within the next 4 days, showcasing the project's solid execution efficiency.

For investors participating in this round of funding, the next step is simply to pay attention to the timeline. The detailed procedures for allocation and refunds will be explained in the official announcement.

SOL-0,77%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

11 Likes

Reward
11
6
Repost
Share

Comment

0/400

SmartContractPlumber

· 01-17 06:02

8x oversubscription? To be honest, the hype behind it is just built on FOMO. Wait for the contract audit report before getting excited. Predictive market projects are most prone to falling into traps like re-entrancy and permission control.

View OriginalReply0

GasFeeDodger

· 01-17 05:58

8x oversubscription? How popular does that make it? It's another wave of irrational emotional hype.

View OriginalReply0

mev_me_maybe

· 01-17 05:56

8x oversubscription? This hype is really incredible. Let's see if they can meet expectations later on. But the promised four days to complete everything—this efficiency is indeed impressive, much more reliable than those previous projects. Mark your calendar for January 20th. Once the detailed allocation rules are out, we'll see how deep the water really is.

View OriginalReply0

CodeSmellHunter

· 01-17 05:54

8x oversubscription, this hype is indeed scorching. Let's see if it can be fulfilled on January 20.

View OriginalReply0

Hash_Bandit

· 01-17 05:44

ngl, 8x oversubscription on sol feels wild... been through enough cycles to know this usually means either massive hype or ppl just fomo'ing anything with "prediction market" in the name tbh

Reply0

GateUser-beba108d

· 01-17 05:37

8x oversubscription, this enthusiasm is really hot. Whether it can be implemented is the key. --- Distribution on the 20th, refunds on the 21st. The project team is efficient; now it's just a matter of whether they can deliver on time. --- Invested 20 million USD, now betting that the project is reliable. --- Several prediction market projects are clustered in the Sol ecosystem. Why can this one stand out? --- Complete the entire process in four days? Feels a bit tight, but also quite decisive and efficient. --- Another 8x oversubscription. This round of funding really didn't have a dull moment. --- Let's wait for the distribution rules on the 20th; only then will we know how much we can get. --- Backed by top exchanges, at least initial liquidity shouldn't be an issue. --- Is the prediction market track about to go through another wave of hype? Looking forward to the project's performance after landing. --- Refunds arranged so quickly, at least showing that the project team is sincere.

View OriginalReply0