Gensyn to launch AI token sale on Sonar with bonuses for testnet users

AI infrastructure firm Gensyn has announced a public sale for its native token, AI, on the Ethereum mainnet-based token sale platform Sonar. The sale will allocate 300 million tokens, representing 3% of the total supply, with the price to be determined within a fully diluted valuation (FDV) range of $100 million to $1 billion. Payments can be made with USDC or USDT on the Ethereum mainnet, with a minimum bid of $100. Gensyn stated that its testnet is growing rapidly and it plans to offer additional incentives to participants, including priority allocation, a multiplier to increase purchase amounts, and GPU workstations for top contributors.