DoubleZero announces token sale for Solana, Aptos, Avalanche, Celestia, and Sui validators

DoubleZero, a blockchain infrastructure company, is launching a token sale specifically for validators, people who run nodes that help blockchain networks operate.

The sale is hosted on CoinList and is the first one open to accredited U.S. investors on the platform since 2019.

Announcing The DoubleZero Token Sale for Validators on CoinList

What DoubleZero does?

DoubleZero is building a new kind of internet, optimized for blockchains.

It uses a private fiber optic network to improve speed and reduce delays, which helps blockchains run faster and more efficiently.

The network is designed for better performance than the regular internet, which wasn't built with blockchain in mind.

About the Token Sale

• Who can participate: Only validators who currently work on Solana, Aptos, Avalanche, Celestia, or Sui networks.
• Sale dates: Applications are open April 2–10 through CoinList.
• U.S. eligibility: Only accredited U.S. investors can take part.

How the token sale works?

1.      Indicate Interest (April 2–10): Validators can submit their public keys and (optionally) suggest how much they’d pay per token and how many they want. This is just showing interest—not a commitment.

2.    Verification (April 2–22): Participants must complete identity checks and prove they’re accredited investors.

3.    Price Discovery: The suggested prices help determine a fair market price (called a clearing price) that everyone pays.

4.    Token Allocation (April 11–15): Validators will get offers based on their stake and participation. Those who submit bids or higher prices may get more tokens.

5.    Final Purchase (April 15–22): Validators get a take-it-or-leave-it offer at the final price.

Why This Matters

This is not just any token sale. It’s aimed at serious validators who want to help build a faster, better blockchain network. It also signals growing interest from crypto investors—DoubleZero recently raised $28 million from firms like Multicoin Capital and Dragonfly Capital.

What the utility of 2Z token?

The 2Z token powers the DoubleZero network. It has three main roles:

• Utility: Used to pay for using the network.
• Efficiency: Rewards contributors who improve speed and reduce delays.
• Security: Used for staking, verifying data, and even voting on how the network should evolve.

DoubleZero plans to launch its full network (mainnet) in the second half of 2025. Its goal is to dramatically improve blockchain communication, much like how broadband replaced dial-up internet in the early 2000s.