Neon EVM community sale sells out in 29 minutes, registering 717K participants

Neon EVM, the pioneering platform that brings Ethereum compatibility to the Solana blockchain, has announced the success of the Neon EVM community sale
Neon EVM, the pioneering platform that brings Ethereum compatibility to the Solana blockchain, has announced the success of the Neon EVM community sale

Neon EVM, the pioneering platform that brings Ethereum compatibility to the Solana blockchain, has announced the success of the Neon EVM community sale.

Neon EVM is an Ethereum Virtual Machine (EVM) on Solana, offering developers seamless integration of Ethereum DApps within the Solana ecosystem. By eliminating the gap between these two leading blockchains, Neon EVM empowers Ethereum developers to leverage the speed, low transaction costs and parallel transaction execution capabilities of Solana.

The community sale, hosted on CoinList, allowed individuals to participate in this major ecosystem innovation. With 50,000,000 tokens available at a price of $0.10 per token, the sale attracted a substantial influx of 717,320 registrations from individuals keen to secure their interest in the Neon EVM’s groundbreaking solution.

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It’s important to note that the Neon EVM community sale was not open to persons or residents from restricted jurisdictions, including the United States, Canada, China and other similar jurisdictions, who did not have the legal right to access or participate in the token sale.

Neon EVM’s key features include support for familiar Ethereum developer tools and languages such as Solidity, Vyper, Metamask, Remix, Hardhat and Truffle. Couple these with high throughput and low-cost transactions, and Neon EVM makes the Solana network an attractive choice for Ethereum developers.

The success of the Neon EVM community sale is a significant milestone in the evolution of the Solana ecosystem, as it indicates that there is strong interest in the Neon EVM and other high-performance solutions that enable easy implementation of multichain DApps. Neon EVM’s pioneering technology positions Solana as a viable and vibrant option for developers — an ecosystem previously untapped by EVM multichain DApps.

For more information about Neon EVM and future updates, visit its website and follow Neon EVM on Twitter, or for press contact, send an email.