Loud will launch LOUD token IAO on May 31st, and 10% LOUD will be used for community planning and market making

Loud, an information tokenization protocol based on Kaito, announced that the initial attention issuance (IAO) of LOUD token will be launched on the HoloLaunch platform of HoloworldAI at 22:00 Beijing time on May 31, with a total fundraising target of 400 SOL (approximately $70000). IAO is divided into two stages: the priority stage is aimed at the top 1000 LOUD users, and the community stage is aimed at KaitoAI bound Solana addresses and eligible users, using a first come, first served model. It is reported that the total supply of LOUD tokens is 1 billion, with 45% used for IAO, 45% for liquidity pools, and 10% for community planning and market making. After the IAO is completed, the SOL and 45% LOUD tokens raised will be injected into the MetoraAG liquidity pool, and then the market will be opened for trading. Trading fees will be distributed weekly starting approximately 7 days later. Related reading: A Quick Look at Loud: An Experiment in a Decentralized Attention Market Rewarding Speakers with Transaction Fees.