# Public Token Sale

## Token Sale Details

The SPIN token is a crucial element for the sustainable growth of the Spin ecosystem. Its public sale will take place in July 2023. The Spin token sale encompasses three rounds, each offering a distinct opportunity for participation.

* The **Priority** Round, exclusively available to Freaky Elves holders on [Spin (NEAR Protocol)](https://spin.fi), provides a head start for dedicated community members.
* The **Round A** sale, conducted on [Tokensoft](https://app.tokensoft.io/) (Ethereum), invites select participants to contribute to Spin’s journey.
* Finally, the **Public Round** on [Tokensoft](https://app.tokensoft.io/) (Ethereum and Polygon zkEVM) offers broader access to the Spin token sale, ensuring inclusivity and widespread participation.

<figure><img src="https://1444018571-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MdXZ16pgLU14jLP6Urj%2Fuploads%2FGGCS9rlRwC0OKLMFKhIA%2F1*fDMYJMSetdF2LlJqDQjwcQ.webp?alt=media&#x26;token=6cfacf3a-bfa4-4fdc-a78d-5f959f8e4a39" alt=""><figcaption></figcaption></figure>

{% hint style="success" %}
*\* For the priority sale, the minimum check size is the minimum purchase amount per account. The maximum check size depends on the number of NFTs owned by the user but cannot exceed $10,000 (max of 10 NFTs can be activated by 1 account). Each NFT activated increases max allocation by $1,000.*
{% endhint %}

{% hint style="info" %}
*\*\* The Spin Token Generation event (TGE) must occur before the token sale so that the token can be bridged to the NEAR Protocol before the sale. Thus, public sale vestings are calculated based on the Token Listing Event (TLE) or when the token becomes available for trading.*
{% endhint %}

The Spin token sale targets a raise between $2,450,000 and $3,500,000, depending on user activity in the priority and invite-only rounds. This substantial funding will propel Spin’s development, expanding its innovative offerings and enhancing the user experience.

**Token name:** SPIN

**Max supply:** 1,000,000,000

**Supply type:** Limited

**Initial circulating supply:** 48,500,000 (4.85% of the total supply)

**Public sale token supply:** 70,000,000 (7% of the total supply).

**Initial market cap:** $2,425,000

**Fully diluted market cap:** $50,000,000

**Blockchain:** Ethereum, NEAR Protocol, Polygon zkEVM