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Reya: REYA Public Sale Oversubscribed, Next Step is Token Allocation

BlockBeats News, December 4th, DEX platform Reya published an article stating, "Reya's ICO attracted over 4,000 users from more than 60 countries. This 2% token supply has been oversubscribed. The next step will involve completing distribution, launching the spot market, and listing REYA on the Reya platform."


Previously reported, Reya conducted a token sale on Coinlist from November 25th to December 2nd, selling 160 million tokens at a price of $0.01875, corresponding to a FDV of $150 million. 50% will unlock at TGE, with the remaining 50% linearly unlocking over the 6 months following TGE. The minimum purchase amount per account is $100, prioritizing small purchases.

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