{"content":"🚨Sonar, founded by prominent investor Cobie, launched its inaugural #ICO project, Plasma, targeting a $50 million raise. 🔹Plasma co-founder Paul Faecks stated that 10% of $XPL tokens will be sold publicly, implying a total project valuation of $500 million based on this initial token offering. -The Block ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025052025/05/27/0d52751b435441e3bb222454cfcb4410.jpg"],"tags":[],"tradingPairs":[],"quotearticleid":0}