[TownSquare Announces Official Launch of Sonar Token Sale, 20% of Shares Filled Within 30 Minutes] Deep Tide TechFlow reports that on July 20, institutional yield and cross-chain lending brokerage infrastructure TownSquare officially launched its ICO public offering. This public offering is technically supported by Coinbase ecosystem's Echo Sonar platform, with valuations divided into two tiers: $150 million based on a 6-month lock-up period, and $200 million for full release without lock-up at TGE, with a fundraising cap of $1 million. Within 30 minutes of the public offering's launch, over $200,000 has been raised. Data shows that most users opted for the second tier with the $200 million valuation. This public offering marks the first project on Sonar based on the Monad ecosystem, supporting USDC and USDT tokens on Monad. Previously, TownSquare completed three funding rounds totaling $16.25 million, with participation from World Liberty Financial, Auros Ventures, Amber Group, Animoca Ventures, OKX Ventures, as well as angel investors and institutions from ecosystems like Monad and a16z. It is predicted that the previous valuation aligns closely with the current ICO valuation. TownSquare Sonar Public Offering Registration: townsq.xyz/sale