According to Foresight News, Web3 digital identity service platform Root Protocol will launch the ISME token community presale on its official website on February 7 at 16:00. The presale price is set at $0.08, with a total of 10 million ISME tokens available. The token issuance will support the future product and ecosystem development and brand building of Root Protocol. Additionally, on February 8 at 00:00, Root Protocol will collaborate with Fjord Foundry for the ISME token liquidity bootstrapping LBP.
Foresight News previously reported that Root Protocol completed a $10 million seed round in January, with a valuation of $100 million, led by Animoca Brands. Root Protocol's DID system, ISME, has already established over 1 million social connections, with more than 400,000 verifiable accounts and an online community of over 100,000 people. Furthermore, it has integrated with LayerZero and Celestia to achieve cross-chain interoperability.