The post $BANK Sale Begins on Solana, Targeting Poker Staking Market appeared on BitcoinEthereumNews.com.

Disclosure: This is a paid article. Readers should conduct further research prior to taking any actions. Learn more › Switzerland-registered FANtium AG launched $BANK on Solana today, with a public sale via Metaplex Spotlight. The token is designed to give holders liquid on-chain exposure to a professionally managed poker bankroll. The sale window runs through March 6, 00:00 UTC, accepts payment in $SOL, and carries no KYC requirement, excluding restricted jurisdictions. How $BANK Works The core premise replaces private, relationship-based poker staking deals with a single tradable on-chain asset. Capital raised will fund high-stakes tournament buy-ins, and treasury activity is described as observable on-chain. Token-gated features and poker-native markets are planned for later stages, but neither is live at launch. The total supply is fixed at 1B tokens, with 50M allocated to the public sale and fully unlocked at launch. The remaining supply sits across allocation buckets with vesting schedules and staged unlocks. Source: bankme.fun How the Launch Pool Mechanism Works Metaplex’s Launch Pool format runs on a deposit window rather than a fixed-price mint. Token distribution is proportional to each participant’s share of total deposits, so no single buyer gets sniped by being first. Metaplex charges a 2% protocol fee on deposits, plus standard Solana network fees. That structure reduces the bot advantage seen in first-come-first-served sales. It does not, however, eliminate the liquidity depth problem that drives most Solana launch volatility. Pool depth on Raydium, slippage behavior, and whether on-chain liquidity matches project materials will be the key things to watch on day one. What the Track Record on Metaplex Launches Shows Metaplex’s Genesis protocol has built a credible record across recent Solana launches. Its six ICOs averaged an 8.63x all-time-high return on investment, led by Collector Crypt at 19.7x, Omnipair at 16.3X, Portals at 10x, and DeFiTuna…

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Filed under: News - @ March 4, 2026 6:26 pm