OctaFarm.fi’s Successful Private Sale was Fully Subscribed, Raising 200 BNB

OctaFarm.fi
2 min readJan 13, 2022

Octafarm = The Easiest Gateway to Automated DeFi Yield Farming.

We are pleased to announce that our successful Private Sale Round was fully subscribed within only1.5 hours. We would like to thank our private sale participants for their support; it truly surpassed our expectations!

We are ecstatic that our system works perfectly according to our expectations and exuded full transparency throughout. Here’s a recap of our private sale:

Private Sale Insights:

We have successfully raised a private sale round for OctaFarm. The cumulative fundraise amounted to 200 BNB, which was the maximum hardcap that we have established. This translated to approximately USD $95,600 in current market prices. The Private Sale began officially at 13th January, 14:00 UTC and was fully subscribed by 17:10 UTC, taking only 1hr 10 mins to sell out. Raised funds securely will be transferred in contract owner wallet here.

Token Sale Breakdown

Total Max Supply: 10,000,000 OCTF
Token Sale Allocation: 1,150,000 OCTF (11.5% of Overall Supply; 1.5% Private Sale + 10% Presale)
Private Sale Price: 1 BNB = 691.93 OCTF
Presale Price: 1 BNB = 666.66 OCTF

Public Launch Price: 1 BNB = 646.66 OCTF

Private sale investors will be able to withdraw their tokens after the presale is done The team will ensure that there is stability in pricing due to the embedded value-accrual mechanisms that we have deployed via core foundations such as buyback mechanism and staking pool utility. Further developments will be made according to roadmap according to market conditions and community requirements.

The Pre-sale will go live on 15th January, 16:00 UTC. More Information will be shared on our social media channels. Follow us now!

Social Links:

Website: https://octafarm.fi/
Application: https://app.octafarm.fi/
White-paper: https://octafarm.fi/whitepaper.pdf
Medium: https://octafarmfi.medium.com/
Github: https://github.com/octafarm/
Telegram: https://t.me/octafarmfi
Twitter: https://twitter.com/OctaFarmFi
Instagram: https://www.instagram.com/octafarmfi/
Youtube: https://www.youtube.com/channel/UCpx7Rfu-efpKI--DSr7pYGA
Reddit: https://www.reddit.com/user/octafarm

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OctaFarm.fi

The Easiest Gateway to Automated DeFi Yield Farming