Novastro to Host Community Token Sale on Kaito Capital Launchpad – Starts 9 PM, 22nd

2025-09-22 21:15
Blockmedia
Blockmedia
Novastro to Host Community Token Sale on Kaito Capital Launchpad – Starts 9 PM, 22nd

Image source: Block Media

Novastro Launches Community Token Sale in Collaboration with Kaito Capital Launchpad

Novastro, a pioneering platform in the onchain Real-World Asset (RWA) sector, has officially announced the commencement of its highly anticipated community token sale via the Kaito Capital Launchpad. Set to begin at 9 p.m. on September 22, the initiative seeks to bring together early supporters and community participants, empowering them to help shape the future of blockchain-powered RWA trading.

With a mission to simplify and redefine the tokenization of real-world assets, Novastro employs a modular ledger to achieve an optimal balance of regulatory compliance, institutional-level performance, and accessibility for a broad audience.

Transformative Testnet Milestones

Over the last year, Novastro has successfully completed two robust rounds of testnet trials, culminating in the launch of its live testnet. The results have been nothing short of remarkable:

  • Total Testnet Users: 74,976 participants
  • Tokenized Real Estate Transactions: 121,044 purchases completed
  • Value of Tokenized Assets: Exceeding $3 billion

These achievements have cemented Novastro’s position as a leading force in the RWA market. Highlighting the company’s vision, Novastro CEO, Shreedhar, stated, “Our mission is to redefine how real-world assets are traded in the digital economy. By blending institutional-grade rigor with blockchain’s openness, we deliver a secure, accessible solution for all.”

Funding Foundations and Community Token Opportunity

Novastro’s rapid ascent has been fueled by successful seed funding efforts, which raised $1.2 million. Key contributors include industry heavyweights such as Artemis, Woodstock, Faculty Group, and DoublePeak. The capital has been instrumental in propelling Novastro’s infrastructure to its live testnet stage.

The upcoming community token sale represents a pivotal next step, enabling early supporters to take part in the platform’s long-term vision. Central to this initiative is Novastro’s native utility token, $XNL, which underpins various functions within the ecosystem, including:

  • Cross-Chain Tokenization: Seamlessly bridging assets across multiple blockchains
  • Regulatory Compliance: Ensuring adherence to global regulations
  • Transactional Management: Supporting smooth trading processes

This initiative not only rewards early adopters but also broadens access to token ownership, fostering inclusivity and long-term engagement.

Key Details of the Community Token Sale

The sale, hosted on the Kaito Capital Launchpad, offers a unique opportunity for participants:

  • Start Date & Time: September 22, 9 p.m.
  • Fundraising Target: Over $2 million
  • Fully Diluted Valuation (FDV): $50 million
  • Token Allocation: 6% of the total supply (unlocked during the Token Generation Event)
  • TGE Date: October 15
  • Participation Limits: Individual contributions range from $500 to $250,000
  • Eligibility Requirements: Terms are governed by Kaito Capital’s policies, ensuring compliance with EU and U.S. regulations

The fully unlocked tokens during the TGE provide participants with immediate utility and integrate them into Novastro’s dynamic ecosystem.

Strategic Preparations for the $XNL Launch

In preparation for the Token Generation Event, Novastro is finalizing critical processes, including audits and liquidity provisioning. These meticulous efforts underscore the platform’s commitment to transparency, security, and scalability.

According to CEO Shreedhar, “We built Novastro with our community at the forefront. This sale is a way to give back to our early supporters while expanding participation in building a transparent, scalable, and collaborative platform.” The community token sale represents the final opportunity for early adopters to secure $XNL tokens before the official TGE launch.

About Novastro

Novastro stands at the forefront of bringing real-world assets to blockchain. As a multi-chain platform, Novastro delivers a transparent, inclusive infrastructure for tokenization and trading. Its modular ledger design ensures an ideal blend of compliance, institutional-grade performance, and community participation. By bridging conventional finance and digital asset innovation, Novastro is reshaping the landscape of the RWA market, serving the needs of both institutional investors and grassroots communities.

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