SuiPad Announces the Release of the Solar DEX’s IDO

SuiPad, the launchpad that operates under Sui Network concerning Tier-1 projects, has commenced a new collaboration. As per the platform, it has partnered with Solar Dex which is a decentralized exchange focusing on non-fungible tokens, cross-chain transfers, and EVM compatibility. SuiPad took to the social media forum X to provide the insights into the latest endeavor.

🌟 We’re proud to be launching the IDO of @solar_dex!

🤩 An innovative ecosystem blending #DeFi with blockchain gaming, featuring their game @solarsdominion on #EpicGamesStore 🎮

📌 IDO Details:
🔹 Ticker: $Solar
🔹 Network: AVAX
🔹 Supply: 150M
🔹 Valuation: $600K
🔹 Raise:… pic.twitter.com/zhTmOijV8U

— SuiPad 🌊 – Launchpad on Sui (@SuiPadxyz) May 26, 2024

SuiPad Unveils Its Partnership with Solar Dex to Launch IDO

In its announcement, the platform expressed its eagerness for the partnership with Solar Dex. It pointed out that the company would launch the IDO as a part of this collaboration. In addition to this, the platform noted that this development will blend the blockchain gaming and DeFi sectors. Moreover, SuiPad disclosed that the new endeavor would reportedly feature Solar Dex’s game.

It revealed that the game named Solar Dominion will launch on the game store of Solar Dex. Apart from that, the platform also provided further statistics regarding the new mutual initiative. According to SuiPad, the IDO will have the ticker symbol $Solar. It added that the Avalanche blockchain platform will operate as the network of the IDO.

The Platform Expects IDO’s CEX Listing in June’s Mid

Along with that, it also informed the community about the cumulative supply. As per the firm, the project has a total supply of up to 150 million. Furthermore, the IDO reportedly has a valuation of nearly $600K. In addition to this, the price of the IDO is $0.3. The date of the IDO is the 3^rd of June. SuiPad expects the listing of the project on the centralized exchanges in the mid of the next month.