MetaDAO, a launchpad on the Solana blockchain, has seen significant success with its recent ICO projects, including AVICI, LOYAL, ZKSOL, and PAYSTREAM. The platform's token, META, surged over 300% during the National Day holiday, marking it as one of the top-performing assets on Solana. Notably, the UMBRA project, launched on October 6, experienced a price increase from $0.3 to $2.1, achieving a 700% return.
MetaDAO's innovative governance model, Futarchy, which uses market decisions instead of traditional voting, has been instrumental in its success. This model ensures funds are only used if market bets support the proposal, preventing rug pulls and aligning long-term incentives. The platform's rising popularity amidst a meme coin surge on the BSC chain underscores its strong fundraising capabilities and the growing speculative activity within the Solana ecosystem.
MetaDAO's Solana ICOs Soar, UMBRA Delivers 700% Return
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.