1. Project Overview
Project Name / Token Name: Solaxy (Token: SOLX)
Official Website / Whitepaper: Solaxy™ | Official Website The whitepaper can also be found there.
Purpose and Features: Solaxy aims to solve scalability issues on the Solana blockchain with its Layer-2 solution. It enhances transaction speed, reduces fees, and ensures scalability. Additionally, it leverages roll-up technology and offers interoperability with Ethereum.
2. Token Details
Ticker Symbol: SOLX Blockchain / Token Standard: Solana Layer-2 Total Supply: ~13.8 billion SOLX Utility: Payment for transaction fees, governance voting, staking rewards, etc.
3. Presale Details
Presale Dates: Q1 2025 (tentative) Accepted Payment Methods: ETH, USDT, BNB, etc. Presale Price: $0.00164 (early-stage price) Soft Cap / Hard Cap: Soft Cap: $15M / Hard Cap: $25M Minimum Investment: None specified so far KYC Requirement: Likely mandatory Vesting Schedule: Gradual token release post-TGE (Token Generation Event).
4. Roadmap & Milestones
- Phase 1: Presale & community building
- Phase 2: Exchange listings & network expansion
- Phase 3: Introduction of smart contracts & expansion of DeFi tools
5. Team & Partnerships
While team details remain undisclosed, partnerships are expected to be announced. The project has passed a security audit conducted by Coinsult.
6. Risks & Disclaimers
- Market Volatility: High risk due to the volatile nature of crypto markets.
- Regulatory Risks: Depends on regional laws and regulations.
- Transparency Concerns: Anonymous team might raise questions regarding trust.
7. Summary
Solaxy stands out as an innovative Layer-2 solution tackling Solana’s scalability challenges. While it presents exciting opportunities, investors should closely monitor project development and manage associated risks.
8. Resources
Official Website, Solaxy Community
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