Selendra Token (SEL) Received Close to $200k in Private Sale!

Dear Selendrians!

Selendra token (SEL)’ private sale came to an end in August, and we are excited to receive the permission from our investors to disclose this information to you.

In just two weeks of our private sale opening, Selendra received a group of 9 angel/syndicate investors onboard with the sale amount close to 200,000 USD. The tokens were sold to the private investors at the price of 0.0165 USD per SEL.

The investors also put a strong belief and support in Selendra’s mission to empower the young developers throughout the world to quickly and easily learn to create blockchain user-friendly applications for commerce, trade, education, entertainment, data storing, decentralized computing, asset tokenization and much more.

In their purchase, they have committed to the unconditional time lock of 24 months, which is a very long commitment considering the investment time lock within the blockchain space.

The total amount of the SEL’s private sale has taken up only around 0.38% of the total token supply. This small portion of private sale helps ensure that there are not too many big whales swimming around, but some big fishes who are committed to a long term outcome of the project. Compared to other projects where private sale could reach as high as 5% of total token supply. Some with linear time lock, while some might not have at all.

Until now, Selendra’s token has reached the Pre-Sale stage which will last till the end of the year. Want to join Selendra’s journey with us? Grab your chance here!

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