Aztec public sale concludes: Nearly 20,000 ETH raised, TGE as early as February next year

2025-12-07 01:24:17

Abstract generation in progress

[BlockBeats] Aztec’s token public sale has concluded.

Final numbers are in: a total of 19,476 ETH was raised from 16,741 participating addresses. Interestingly, half of these funds came from Aztec’s own community, showing strong support from long-time users.

Here’s how the rules work now—if you’ve accumulated 200,000 AZTEC tokens, you can start earning block rewards from today. As for the TGE (Token Generation Event)? That will be triggered by an on-chain governance vote, which won’t happen until at least February 11 next year. At that point, all tokens from the public sale will be 100% unlocked, with no vesting restrictions.

However, voting rights are quite restricted: only those who participated in the token sale and genesis sequencers are eligible to vote on the TGE. Everyone else will just be watching from the sidelines.

ETH3.49%

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MetaMisery

· 17h ago

Damn, contributing half of it ourselves in our own community—what's the point of that? Just entertaining ourselves?

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ProposalDetective

· 17h ago

Did their own community buy half of it? So this is what they call faith-based buying, LOL.

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TokenDustCollector

· 17h ago

Half of the contributions came from their own community? So this is what they call "community backed", haha. But you really need 200,000 tokens to get a reward—definitely a high threshold. TGE not until next February? Waiting is getting a bit tiring; this pace feels a bit dragged out. Voting rights only go to public sale participants? That design feels a bit crude—kind of gives off an insider vibe. They managed to raise 19,476 ETH, which is quite satisfying. The community truly is enthusiastic. Wait, it's really not until next February? I thought it would happen sooner. The vesting period is actually more relaxed than I expected. With 100% unlocked, there’s really no suspense. Just looking at the number of participating addresses, you can tell it's pretty hot—16,741, wow. Half self-funded, half external investment—this ratio actually feels pretty balanced.

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GasGrillMaster

· 17h ago

Half of it was dumped by themselves. How desperate do you have to be about the project to do something like this? --- Starting at 200,000 tokens, this threshold feels even higher than the secondary market. --- Voting rights are only given to participants? That’s clearly an alliance of vested interests, everyone else is just window dressing. --- TGE was only on February 11, and now you can already claim rewards—doesn’t this basically count as a disguised lock-up? --- Nearly 20,000 ETH—if it gets dumped after TGE, it’s going to crash hard.

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SerumSurfer

· 18h ago

Damn, isn't the threshold of 200,000 AZTEC a bit high? How can ordinary people participate?

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DAOTruant

· 18h ago

Starting from 200,000 AZTEC? That threshold is pretty tough; regular people simply can't participate.

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