On November 21, on the Solana platform,FOMOAs a large-scale social experimental innovation project, it has opened its first chapter.
Users responded enthusiastically within 24 hours, with an inflow of US$2.5 million.
Although, when the FOMO project was launched again, users were warned not to transfer funds to the 222.sol wallet address within 24 hours. However, 130,000 users responded positively, investing a total of approximately $2.5 million, including 4,000 SLP tokens and more than 2,000 NFTs. This achievement reflects the community’s trust in the FOMO project and also demonstrates the cohesion of the Solana platform.
“Anti-bot sniping” attempts on Solana
Project FOMO is a token project that successfully implements anti-bot sniping strategies on the Solana platform, raising up to $1 million for community activities.
Since IDO, $fomo token has recorded 14x growth
Since the IDO, the price of the $fomo token has soared to 14 times its original price. This significant growth reflects Solana’s efficient and stable performance and further proves its support in the field of digital asset investment.
Unique Token Economic Model: Designed for Solana
- 50% of the tokens will be airdropped to users with the 222.sol wallet address.
- 15% of tokens will be burned after all players claim them.
- 15% will be used for liquidity on centralized exchanges.
- 10% is a team share that will be unlocked after 36 months.
- 5% for liquidity on decentralized exchanges.
- 5% will be used as community prize pool.
FOMO project, making progress together with Solana
The FOMO Project advocates innovation and progress in blockchain technology and embraces the slogan Only Possible On Solana.
Chapter 2 Outlook
With the successful conclusion of the first chapter, the second chapter of the FOMO project is about to begin, heralding more innovation and opportunities. Highlights of Chapter 2 include:
- Beyond Memecoin: FOMO will demonstrate its true value as a revolutionary blockchain product, going beyond the limitations of a mere concept coin.
- Continuous repurchase and burning strategy: To ensure that the $fomo token maintains its deflationary asset properties, a continuous repurchase and burning mechanism will be implemented.
- Ten-million-dollar prize pool: The project will maintain a lasting million-dollar prize pool to provide ongoing rewards and incentives for community members.
- Focus on Solana: The FOMO project will once again focus the spotlight on the Solana platform, demonstrating its unique position and potential in the entire cryptocurrency ecosystem.
As these new initiatives are implemented, Project FOMO is expected to continue to drive growth in the Solana ecosystem. For more progress, please follow the official projectTwitterandTG。
