Octra Launches $20M Token Sale at $200M Valuation

Octra Labs Announces $20M Public Token Sale on Sonar

• Octra Labs is conducting a $20 million public token sale via the Sonar platform.
• The sale represents 10% of the OCT token supply, valuing the company at $200 million.
• This event follows a fixed-price, commitment-style format inspired by Ethereum’s 2014 ICO.
• All tokens sold will be fully unlocked and distributed shortly after the sale; unsold tokens will be burned.
• The current valuation is double Octra’s previous raise on Echo, where it secured $4 million.

Octra Labs has launched a $20 million public token sale on Sonar, representing 10% of its OCT token supply at a valuation of $200 million. The sale format promotes decentralization and all tokens will be unlocked post-sale. This valuation is twice that of their earlier funding round on Echo.