Ranger to Launch $6 Million ICO on MetaDAO for RNGR Tokens
The Solana-based derivatives exchange will sell 10 million RNGR tokens, representing over one-third of its total supply, in a four-day offering starting January 7.
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Terms & Concepts
ICO (Initial Coin Offering): A fundraising method where cryptocurrency projects sell tokens to investors before launch.
Derivatives Exchange: A trading platform for financial contracts based on the value of underlying assets, such as cryptocurrencies.
Solana: A high-performance blockchain platform known for fast transactions and low fees.