Octra, a privacy-focused Layer 1 blockchain leveraging fully homomorphic encryption (FHE) for programmable privacy, announced its public token sale (ICO) on Sonar, the platform founded by Jordan “Cobie” Fish and recently acquired by Coinbase.
The sale is set to run from December 18 to December 25, 2025, aiming to raise $20 million by offering 10% of the total OCT token supply at a $200 million fully diluted valuation (FDV)—a price of $0.20 per OCT.
This marks a doubling of Octra’s valuation from its earlier $4 million raise on Echo earlier in 2025. Early investors hold 18%, Octra Labs 15%, and 67% is community-directed including early users, validators, grants, Echo participants, and ICO buyers. No single investor exceeds 3% ownership.
Register for Tekedia Mini-MBA edition 19 (Feb 9 – May 2, 2026): big discounts for early bird.
Tekedia AI in Business Masterclass opens registrations.
Join Tekedia Capital Syndicate and co-invest in great global startups.
Register for Tekedia AI Lab: From Technical Design to Deployment (next edition begins Jan 24 2026).
100% unlocked at token generation event (TGE) for public buyers; unsold tokens will be burned. Allocation could expand based on demand. Founded in 2021 by Octra Labs, Octra enables encrypted computations without decryption, serving as a standalone L1 or co-processor for chains like Ethereum and Solana.
Its testnet has processed over 100 million transactions since June 2025, hitting 17,000 TPS peaks with no downtime. Mainnet and EVM compatibility are slated for Q1 2026. $4 million pre-seed from Big Brain Holdings, Finality Capital Partners, Karatage, and Presto Labs; another $4 million on Echo.
Over 1,000 registrations already, with inclusive access for US, UK, and China residents—no KYC preferences for influencers. X discussions highlight its FHE edge over ZK/TEE privacy tech, amid rising interest in projects like Zcash and Aztec.
This sale positions Octra in a hot privacy tech wave, but skeptics (e.g., Delphi Labs) question the valuation jump without proven mainnet demand. Registrations are live via Octra’s site—early sign-up recommended for equal allocation.
Rainbow Wallet RNBW Token Sale on CoinList
Rainbow, the popular non-custodial Ethereum wallet known for its intuitive design often called “Onchain Robinhood”, is launching its native RNBW token via a public sale on CoinList.
The sale kicks off December 11 at 17:00 UTC and runs through December 18, 2025, offering 3% of total supply (30 million RNBW) at $0.10 per token for a $100 million FDV—a 33% discount to the prior private round.
Treasury 47%, airdrop 15% (fully unlocked at TGE), future community 15%, team 12.2% (4-year vest, 1-year cliff), investors 7.8% (2-year vest, 1-year cliff), ICO 3%. 100% unlocked at TGE for most buyers (US participants face a 1-year lockup). Minimum purchase: $100 via USDC/USDT (ERC-20).
Bottom-up allocation prioritizes small buyers to avoid whale dominance. Rainbow supports asset/NFT management, swaps, bridging, perps trading (via Hyperliquid), and prediction markets across EVM chains like Base, Arbitrum, and BSC.
The RNBW token enables governance, fee discounts, and revenue-backed rewards like real-time buybacks from platform fees, no emissions. It ties into Rainbow’s points program launched in 2023, converting user activity like swaps, holdings, referrals into tokens.
The Rainbow Foundation holds 20% equity for token holders, linking company value directly to RNBW. ~$20 million total, led by Seven Seven Six (Alexis Ohanian), Digital Currency Group, Y Combinator, and Coinbase Ventures.
Open to US users which is rare for ICOs, with hype around its 5+ million downloads and app upgrades like real-time pricing. X threads praise the fair structure and potential 2-3x TGE upside, though some note risks in wallet token trends.
Rainbow’s sale emphasizes user ownership in a maturing wallet ecosystem—register now; non-US: CoinList link, US: separate portal to participate. Both events signal December’s ICO surge; DYOR as market rotations could impact liquidity.