Andre Cronje, co-founder of Sonic, has announced the launch of his new project, Flying Tulip, on the X platform. The project has been added to the whitelist of interested parties, although Cronje clarified that no fund transfers are currently involved. Future updates will be communicated through official Flying Tulip announcements. Flying Tulip's public offering will occur in four rounds: Early Access, Supporter Whitelist, Intent Whitelist, and Open Public, with consistent fundraising terms across all rounds. Previously, Flying Tulip secured a $200 million seed round, achieving a token valuation of $1 billion.