Pipe will launch token sales on CoinList to build a decentralized CDN network

According to CoinList's announcement, Pipe Network will launch the sale of PIPE tokens on June 27, 2025 at 01:00 (Beijing time), with a sales period until July 4. This sales totaled 30 million pieces of PIPE, accounting for 3% of the total supply. Supports two subscription options. Option one is valued at 250 million US dollars, 100% unlocked during TGE, only available to non US users; Option 2 is valued at 200 million US dollars and will be unlocked one year after TGE. Both US and non US users can participate. The threshold for single account subscription is $100, with a maximum of $2.5 million, and supports USDT/USDC. This project is built on Solana and focuses on a decentralized content delivery network (CDN), aiming to replace centralized servers with community nodes to improve global network performance. This round of public sale released a total of 3% tokens, with investors including Multicoin Capital and Solana Ventures.