PANews|Jan 29, 2026 02:50
[CoinList to Launch Public Sale of AC's New Project Flying Tulip (FT) on February 3rd]
According to official sources, the unified on-chain financial system Flying Tulip, founded by Sonic Labs' founder Andre Cronje, will launch its token sale on CoinList. This public sale aims to raise $200 million, accounting for 20% (2 billion tokens) of the total FT token supply, with a token price of $0.10, corresponding to a fully diluted valuation (FDV) of $1 billion. The public sale will begin at 00:00 (Beijing Time) on February 3rd and end at 05:00 on February 7th, with a minimum purchase amount of $100.
The tokens sold in this event will be protected by the 'Perpetual PUT' structure. Participants will receive FT NFTs that include redemption rights, allowing them to choose to hold, burn the tokens to redeem funds at the original price, or unlock the tokens for free trading (note: unlocking will forfeit redemption rights).
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