CoinList will launch the Flying Tulip token sale

Techub News, the on-chain one-stop DEX Flying Tulip founded by Andre Cronje will launch its token sale on CoinList. The sale aims to raise $200 million, representing 20% of the total FT token supply (2 billion tokens), with a token price of $0.10, corresponding to an FDV of $1 billion. The sale will start at 00:00 on February 3 and end at 5:00 on February 6, Hong Kong time, with a minimum purchase amount of $100.

As previously reported by Techub News, Flying Tulip completed a $200 million seed round funding at a $1 billion valuation in September last year, with participation from DWF Labs and others.