Loud! (LOUD) has completed two phases of token sales. The first phase (whitelist phase) raised 200 SOL, and finally received 194.8 SOL. Each participating user is expected to receive 225,000 LOUD; the second phase (public sale phase, first come first served) raised 205.2 SOL (including the 5.2 SOL quota that was not fully raised in the first phase), and it has been oversubscribed and reached the hard cap.
According to the Loud! sale rules, when the second phase is oversubscribed, the participation quota of each participating user is expected to automatically drop from 0.2 SOL to 0.05 SOL, and the excess funds will be refunded. Therefore, each person is expected to receive 56,250 LOUD in the second phase.
Loud! officials added that LOUD tokens have not yet been generated, and users participating in the sale are requested to wait for further announcements on claims.