Loud! has initiated an Initial Attention Offering (IAO) for its $LOUD token, presenting a new distribution model based on user engagement.
Launch of IAO and Goals
On June 1, Loud! announced the launch of an IAO for the $LOUD token on HoloworldAI's HoloLaunch platform. The goal is to raise 400 SOL (approximately $70,000). This new distribution model focuses on participant engagement rather than financial contributions.
Community Reaction and Tokenomics Analysis
The IAO model promotes the concept of 'mindshare', with tokens being allocated to participants based on engagement and audience quality. CoinMarketCap reports that the Loud Market (LOUD) trades at $0.00, with a market cap of $215,814.35, showing a 16.66% increase over the past 90 days.
Future Perspectives on Token Distribution
Loud!'s initiative may reshape the token distribution landscape, highlighting user engagement. Studies suggest that this Solana-based approach could lead to a reevaluation of existing industry norms.
With the launch of IAO, Loud! presents an innovative approach to token distribution, which may impact the tokenomics framework in the crypto industry.
