logo
    • Buy Crypto
    • Markets
    • Futures
    • Spot
    • Earn
    • Affiliates & AI
    • More
    1. WEEX
    2. Crypto News
    3. Octra will kick off a $20 million token sale on Sonar at a $200 million valuation.

    Octra will kick off a $20 million token sale on Sonar at a $200 million valuation.

    By: theblockbeats.news|2025/12/09 18:49:51
    0
    Share
    copy
    Prefer us on GooglePrefer us on Google
    SonarSonar
     

    BlockBeats News, December 10th, the team behind the privacy blockchain project Octra, Octra Labs, will conduct a public token sale on the Sonar platform on December 18th. Sonar is a token issuance platform launched by Jordan "Cobie" Fish, which was recently acquired by Coinbase from the ICO platform Echo.


    This one-week token sale aims to raise $20 million, selling 10% of the total OCT token supply, corresponding to a fully diluted valuation (FDV) of $2 billion, Octra said on Tuesday. The sale will follow a fixed price + commitment-style allocation model, where participants can deposit funds and receive tokens proportionally, designed to maximize decentralization.


    Octra stated that if demand is strong, the sale allocation may increase; any unsold tokens will be burned. All sold tokens will be fully unlocked and distributed shortly after the end of the sale. The $2 billion valuation is double Octra's valuation from an earlier financing round on Echo earlier this year (raising $4 million). Additionally, Octra previously completed a $4 million pre-seed round with participation from investors such as Big Brain Holdings, Finality Capital Partners, Karatage, Presto Labs, among others.


    Regarding token distribution:


    Early investors hold 18% of OCT
    Octra Labs holds 15%
    67% is allocated to the community, including early users, validators, sponsors, Echo participants, and ICO purchasers
    Octra stated that no investor holds more than 3% of the tokens.

    -- Price

    --
    --
    --

    This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.

    You may also like

    Coinbase: Why Did We Spend $400M to Acquire Echo?

    Coinbase: Why Did We Spend $400M to Acquire Echo?

    Echo and Coinbase's recently acquired Liquifi have formed a complementary partnership. Liquifi enables the early team to more efficiently engage in token creation and equity management, while Echo will expand its support from the "startup phase" to the "fundraising phase."
    Infinex: INX Token Sale Registration Now Open

    Infinex: INX Token Sale Registration Now Open

    BlockBeats News, December 28th, Infinex announced that the INX token sale has opened for registration. The token sale will take place on the Sonar platform from January 3rd to 6th, offering 5% of the INX total supply. The final FDV is $99.99 million, with a one-year lockup period and the option for ...
    MegaETH: USDm Pre-Deposit Channel will open today at 10:00 PM, with a limit of $250 million

    MegaETH: USDm Pre-Deposit Channel will open today at 10:00 PM, with a limit of $250 million

    BlockBeats News, November 25th, MegaETH announced in a tweet that the USDm deposit channel will open today at 22:00 Beijing time. The website will go live approximately 1 hour before the opening for Sonar verification, with a limit of 250 million US dollars. Depositors will receive USDm tokens on th...
    The Hyperliquid ecosystem's on-chain digital asset vault project, Harmonix, will launch its public sale on Sonar.

    The Hyperliquid ecosystem's on-chain digital asset vault project, Harmonix, will launch its public sale on Sonar.

    BlockBeats News, November 24th, according to an official announcement, Harmonix, the on-chain digital asset treasury project in the Hyperliquid ecosystem, will launch its public sale on the ICO platform Sonar. The project will open for public sale at 19:00 on November 24th, with a unit price of $0.0...
    On Polymarket, the probability of the MegaETH public sale raising over $1 billion is 82%.

    On Polymarket, the probability of the MegaETH public sale raising over $1 billion is 82%.

    BlockBeats News, October 28: Polymarket data shows that the market is betting that the total amount raised in MegaETH's public sale will exceed $1 billion with an 82% probability and $1.8 billion with a 28% probability. Currently, the trading volume of this prediction market has exceeded $5.72 milli...
    EU Digital Identity Wallet Mandated for Member States by End of 2026

    EU Digital Identity Wallet Mandated for Member States by End of 2026

    Discussions on the use of identity in blockchain are shifting from token issuance to cross-border credential verification and compliance automation. The key lies not in creating new identities but in ensuring interoperability.
    Besu security vulnerabilities fixed in version 26.7.1

    Besu security vulnerabilities fixed in version 26.7.1

    Illuvium Team Cuts Wages To Extend Runway

    Illuvium Team Cuts Wages To Extend Runway

    New BC Rule on Cryptoassets: Surveillance Against Money Laundering and Fraud

    New BC Rule on Cryptoassets: Surveillance Against Money Laundering and Fraud

    XRP, Stellar, Algorand: Are These Cryptocurrencies Really Adopted by States?

    XRP, Stellar, Algorand: Are These Cryptocurrencies Really Adopted by States?

    XRP, Stellar, Algorand: the list of "cryptos adopted by states" hides tiny pilots, a real ISO 20022 deadline, and the digital euro.
    $190 Billion AI Investment Sparks Competition in Custom Chips

    $190 Billion AI Investment Sparks Competition in Custom Chips

    Microsoft ($MSFT) has announced approximately $190 billion (about 265 trillion won) in capital investment by the calendar year 2026, expanding the competition among big tech companies in AI infrastructure to include custom chips and control over data centers.
    Judge Keeps Sun's World Liberty Claims In Court

    Judge Keeps Sun's World Liberty Claims In Court

    October Push for Compute Futures, Limited Hedging for Miners

    October Push for Compute Futures, Limited Hedging for Miners

    As Bitcoin (BTC) mining companies expand into AI infrastructure, analyses suggest that the newly proposed compute derivatives may not fully mitigate their core risks.
    Ethereum Soars Above $2,300 as 1.15 Million Tokens Leave Exchanges

    Ethereum Soars Above $2,300 as 1.15 Million Tokens Leave Exchanges

    CRD VI: Non-EU Banks Have 5 Months to Open a Branch

    CRD VI: Non-EU Banks Have 5 Months to Open a Branch

    The CRD VI directive will require non-EU banks to have an authorized branch to serve European clients starting January 11, 2027, with a narrow exception.
    US OCC Accelerates Stablecoin Regulatory Framework! Aiming to Finalize the GENIUS Act Rules by November

    US OCC Accelerates Stablecoin Regulatory Framework! Aiming to Finalize the GENIUS Act Rules by November

    Five Questions the Embodied Intelligence Industry Must Answer After the 2026 World Robot Conference

    Five Questions the Embodied Intelligence Industry Must Answer After the 2026 World Robot Conference

    Perpetual Contracts Can Complement Traditional Futures Market, No Evidence Found to Weaken Benchmark Market

    Perpetual Contracts Can Complement Traditional Futures Market, No Evidence Found to Weaken Benchmark Market

    Coldcard Wallet: Old Seeds Remain Vulnerable Despite AI-Enhanced Fix

    Coldcard Wallet: Old Seeds Remain Vulnerable Despite AI-Enhanced Fix

    Coldcard fixes its seed generation after a $114 million theft, but already compromised wallets must migrate their funds.
    Morgan Stanley Put Ethereum Yield in an ETP. Who Carries the Risk?

    Morgan Stanley Put Ethereum Yield in an ETP. Who Carries the Risk?

    Massive Data Breach: 5 French Organizations Affected on the Same Day

    Massive Data Breach: 5 French Organizations Affected on the Same Day

    Five French organizations targeted by leaks on August 21: Beauty Success, Bureau Vallée, Made in Bébé, Allobébé, and Civil Protection.
    CME Group Launches Two New Crypto Market Indices: What Changes from August 2026

    CME Group Launches Two New Crypto Market Indices: What Changes from August 2026

    Robinhood Chain USDG Integration Boosts Liquidity to $8.5 Million

    Robinhood Chain USDG Integration Boosts Liquidity to $8.5 Million

    Meme Cuts Imagination, Crypto Bids Farewell to the 'Shovel-Making' Era

    Meme Cuts Imagination, Crypto Bids Farewell to the 'Shovel-Making' Era

    Walmart Rolls Back Prices on 11,000 Items as U.S. Value War Intensifies

    Walmart Rolls Back Prices on 11,000 Items as U.S. Value War Intensifies

    American consumers are demanding perceived value that lasts longer than just low prices, causing major retailers' pricing strategies to shake once again. Costco and Walmart are both emphasizing membership bulk purchasing and price reductions.
    Bitcoin, Stablecoins, RWA, and Meme Coins: No Longer the Same Market

    Bitcoin, Stablecoins, RWA, and Meme Coins: No Longer the Same Market

    ArkStream Capital: From AI Drain to RWA Rise, Capital Migration in the Crypto Market by 2026

    ArkStream Capital: From AI Drain to RWA Rise, Capital Migration in the Crypto Market by 2026

    In 2026, traditional finance and enterprises account for over 70% of new entrants in the crypto sector

    In 2026, traditional finance and enterprises account for over 70% of new entrants in the crypto sector

    Samsung SK Hynix AI Profits: $104 Billion in a Quarter, Everyone Wants a Slice

    Samsung SK Hynix AI Profits: $104 Billion in a Quarter, Everyone Wants a Slice

    Can the Lido EarnUSD Vault Boost Aave's Liquidity?

    Can the Lido EarnUSD Vault Boost Aave's Liquidity?

    Coinbase: Why Did We Spend $400M to Acquire Echo?

    Echo and Coinbase's recently acquired Liquifi have formed a complementary partnership. Liquifi enables the early team to more efficiently engage in token creation and equity management, while Echo will expand its support from the "startup phase" to the "fundraising phase."

    Infinex: INX Token Sale Registration Now Open

    BlockBeats News, December 28th, Infinex announced that the INX token sale has opened for registration. The token sale will take place on the Sonar platform from January 3rd to 6th, offering 5% of the INX total supply. The final FDV is $99.99 million, with a one-year lockup period and the option for ...

    MegaETH: USDm Pre-Deposit Channel will open today at 10:00 PM, with a limit of $250 million

    BlockBeats News, November 25th, MegaETH announced in a tweet that the USDm deposit channel will open today at 22:00 Beijing time. The website will go live approximately 1 hour before the opening for Sonar verification, with a limit of 250 million US dollars. Depositors will receive USDm tokens on th...

    The Hyperliquid ecosystem's on-chain digital asset vault project, Harmonix, will launch its public sale on Sonar.

    BlockBeats News, November 24th, according to an official announcement, Harmonix, the on-chain digital asset treasury project in the Hyperliquid ecosystem, will launch its public sale on the ICO platform Sonar. The project will open for public sale at 19:00 on November 24th, with a unit price of $0.0...

    On Polymarket, the probability of the MegaETH public sale raising over $1 billion is 82%.

    BlockBeats News, October 28: Polymarket data shows that the market is betting that the total amount raised in MegaETH's public sale will exceed $1 billion with an 82% probability and $1.8 billion with a 28% probability. Currently, the trading volume of this prediction market has exceeded $5.72 milli...

    EU Digital Identity Wallet Mandated for Member States by End of 2026

    Discussions on the use of identity in blockchain are shifting from token issuance to cross-border credential verification and compliance automation. The key lies not in creating new identities but in ensuring interoperability.
    ...
    One account, every market
    Trade stocks, gold, oil and more!
    One account, every marketTrade now

    Contents

    Sonar

    Latest articles

    03/28/2026

    Coinbase: Why Did We Spend $400M to Acquire Echo?

    Echo and Coinbase's recently acquired Liquifi have formed a complementary partnership. Liquifi enables the early team to more efficiently engage in token creation and equity management, while Echo will expand its support from the "startup phase" to the "fundraising phase."
    08/21/2026

    EU Digital Identity Wallet Mandated for Member States by End of 2026

    Discussions on the use of identity in blockchain are shifting from token issuance to cross-border credential verification and compliance automation. The key lies not in creating new identities but in ensuring interoperability.
    CROSSCROSS
    00.00%--
    SNTSNT
    00.00%--
    08/21/2026

    Besu security vulnerabilities fixed in version 26.7.1

    ETHETH
    00.00%--
    08/21/2026

    Illuvium Team Cuts Wages To Extend Runway

    BIOBIO
    00.00%--
    ILVILV
    00.00%--
    SOLSOL
    00.00%--
    08/21/2026

    New BC Rule on Cryptoassets: Surveillance Against Money Laundering and Fraud

    TT
    00.00%--
    JSTJST
    00.00%--
    More

    Latest coin listings on WEEX

    logoCommunity
    iconiconiconiconiconiconicon
    Customer Support:@weikecs
    Business Cooperation:@weikecs
    Quant Trading & MM:bd@weex.com
    VIP Program:support@weex.com
    • About Us
    • Announcement Center
    • Media Kit
    • WEEX Community
    • WXT Zone
    • Announcement
    • Legal Statement
    • Risk Disclosure
    • Terms and Policies
    • Privacy Policy
    • Whistleblower Notice
    • AML/CTF Policy
    • Law Enforcement
    • User Guide
    • Product Launches
    • Crypto News
    • Product Launches
    • Crypto Wiki
    • Learn
    • Q&A
    • Spot
    • Futures
    • Glossary
    • VIP Program
    • Download
    • Affiliate
    • Protection Fund
    • Proof of Reserves
    • Sitemap
    • ETFs
    • Crypto Prices
    • Price Predictions
    • WXT Price
    • BTC Price
    • ETH Price
    • DOGE Price
    • How to Buy Crypto
    • How to Buy WXT
    • How to Buy BTC
    • How to Buy ETH
    • How to Buy DOGE
    • Help Center
    • Fee Schedule
    • Trading Rules
    • WEEX Academy
    • Contact Verifier
    • Submit Feedback
    • About Us
    • Announcement Center
    • Media Kit
    • WEEX Community
    • WXT Zone
    • Announcement
    • Help Center
    • Fee Schedule
    • Trading Rules
    • WEEX Academy
    • Contact Verifier
    • Submit Feedback
    • Customer Support Bot
    • VIP Services
    • Legal Statement
    • Risk Disclosure
    • Terms and Policies
    • Privacy Policy
    • Whistleblower Notice
    • AML/CTF Policy
    • Law Enforcement
    • Proof of Reserves
    • Invite Friends
    • OTC
    • Download
    • Affiliate
    • VIP Program
    • API
    • Broker
    • Listing Application
    • Affiliate T&C
    • Sitemap
    • Futures
    • Spot
    • Copy Trade
    • Markets
    • WEEX Store
    • User Guide
    • Product Launches
    • Crypto News
    • Product Launches
    • Crypto Wiki
    • Learn
    • Q&A
    • Spot
    • Futures
    • Glossary
    • VIP Program
    • Download
    • Affiliate
    • Protection Fund
    • Proof of Reserves
    • Sitemap
    • ETFs
    • Crypto Prices
    • Price Predictions
    • WXT Price
    • BTC Price
    • ETH Price
    • DOGE Price
    • How to Buy Crypto
    • How to Buy WXT
    • How to Buy BTC
    • How to Buy ETH
    • How to Buy DOGE
    • About Us
    • Announcement Center
    • Media Kit
    • WEEX Community
    • WXT Zone
    • Announcement
    • Help Center
    • Fee Schedule
    • Trading Rules
    • WEEX Academy
    • Contact Verifier
    • Submit Feedback
    • Legal Statement
    • Risk Disclosure
    • Terms and Policies
    • Privacy Policy
    • Whistleblower Notice
    • AML/CTF Policy
    • Law Enforcement
    • Customer Support Bot
    • VIP Services
    • Futures
    • Spot
    • Copy Trade
    • Markets
    • WEEX Store
    • Proof of Reserves
    • Invite Friends
    • OTC
    • Download
    • Affiliate
    • VIP Program
    • API
    • Broker
    • Listing Application
    • Affiliate T&C
    • Sitemap
    • User Guide
    • Product Launches
    • Crypto News
    • Product Launches
    • Crypto Wiki
    • Learn
    • Q&A
    • Spot
    • Futures
    • Glossary
    • VIP Program
    • Download
    • Affiliate
    • Protection Fund
    • Proof of Reserves
    • Sitemap
    • ETFs
    • Crypto Prices
    • Price Predictions
    • WXT Price
    • BTC Price
    • ETH Price
    • DOGE Price
    • How to Buy Crypto
    • How to Buy WXT
    • How to Buy BTC
    • How to Buy ETH
    • How to Buy DOGE

    Where new wealth is made

    Download app

    Sign Up
    h5 logo
    Download