Octra is preparing a major token sale on Sonar: from 4 million to 200 million dollars valuation within a year

Octra Labs, the team behind the private blockchain project Octra, is preparing for a significant step in the project’s development. On December 18, a public token offering of OCT will be conducted through the Sonar platform, which specializes in decentralized asset issuance.

What’s happening with Sonar?

Sonar is an innovative platform for launching tokens, developed by Jordan “Cobie” Fish. Recently, it came under the control of a major exchange but remains an independent product within the Echo ecosystem. It is through Sonar that Octra will conduct its largest public fundraising round.

Scale and sale conditions

The target fundraising amount is $20 million USD. The project will offer 10% of all issued OCT tokens. This placement establishes a fully diluted valuation of the project at $200 million USD.

The sale structure involves a fixed price with a proportional allocation mechanism, (commitment-style allocation). This means any participant can contribute any amount, and their token share will be proportional to their contribution relative to the total. This approach maximizes decentralization and prevents power concentration among a few large players.

If demand proves to be extremely high, Octra is prepared to increase the allocation. Any unclaimed tokens will be fully removed from circulation. Unlocking and distribution of purchased OCT will begin immediately after the sale concludes.

Exponential valuation growth

The most interesting aspect is how quickly the project’s fundamental valuation has changed. Just a few months ago, during a previous funding round on the Echo platform, Octra raised $4 million USD at a valuation of $100 million USD. Now, the valuation has doubled to $200 million USD.

This is not the first time the project has actively raised capital. Previously, Octra conducted a pre-seed round, raising another $4 million USD with participation from players such as Big Brain Holdings, Finality Capital Partners, Karatage, and Presto Labs.

How are tokens divided?

Transparency in token distribution is one of the key signals for investors. Octra has published a detailed structure:

• Early investors: 18% of OCT
• Octra Labs (team): 15% of OCT
• Community: 67% of OCT (including early users, validators, grants, Echo participants, and ICO buyers)

An important detail: no single investor can hold more than 3% of the tokens. This prevents undesirable power concentration and favors decentralization.

This approach demonstrates that Octra is focused on building a truly decentralized ecosystem, rather than just raising capital from top venture funds.