PANews, August 6th news, the Espresso Foundation, which focuses on building Rollup native infrastructure, announced that its community Token public sale on the KaitoAI platform has ended, with subscription demand far exceeding the supply of $ESP Tokens of 4 million dollars. Due to oversubscription, actual allocation is based on factors such as subscription time, holding Composables NFT, and influence in the L2 field.
To give back to our supporters, Espresso will additionally airdrop tokens, including a fixed amount of 25,000 $ESP, 33% of the subscription amount, and an additional 10% for Composables NFT holders. These tokens will be fully unlocked at the launch of the project.
According to previous news, the crypto infrastructure company Espresso Systems has completed a $28 million Series B financing, a16z.