CoinList Launches First ICO of 2025: Aligned Token Sale

Aligned (ALIGN) token sale will run from January 16 to January 23, 2025, or until supply is exhausted.

Aligned aims to reduce ZK proof verification costs on Ethereum by 90%.

CoinList, a popular platform for new token sales, has said it is going live with its first Initial Coin Offering (ICO) of 2025 later today. This comes after the platform took what appeared, by its standards, to be a long break to celebrate the holidays. According to a recent shared via its blog, CoinList says it is starting this year with the . The sale will begin at 17:00 UTC on January 16 and is expected to run through January 23, 2025, or until the token supply is exhausted.

Aligned Token Sale Details

Per CoinList’s announcement, up to 166,666,667 ALIGN tokens are up for grabs in this sale. That is approximately 1.67% of the total supply. From the sale, the platform expects to raise $5,000,000.

However, depending on how strong the demand turns out to be, and at the sole discretion of the firm, Aligned may add an extra $5,000,000 worth of tokens. This means that the sale may eventually raise up to $10,000,000.

Meanwhile, CoinList also shared some requirements for participating in the token sale. First, the firm, albeit in a bid to ensure fairness, has insisted that the sale will be done in the first-come, first-served way.

The platform also noted that participants may not buy less than $100 worth of ALIGN tokens and a maximum of $480,000 (USDT/USDC only).

Aligned’s Role in Ethereum’s Future

Interestingly, it appears that Aligned may be looking to address one of the biggest issues that the Ethereum network faces. That is, the expensive nature of verifying zero-knowledge (ZK) proofs and validity proofs.

This issue contributes to the problems of Ethereum, particularly as it concerns the adoption of new ZK-based applications, such as rollups, bridges, and machine learning models.

However, Aligned has come up with a plan to tackle this by introducing its first product The Proof Verification Layer (Fast Mode Mainnet Beta). This product, it says, offers ZK proof verification services on Ethereum. The interesting part, however, is that it does this for users at a 90% lower cost.

With this, Aligned may have played a very prominent role in helping Ethereum’s roadmap and supporting the broader adoption of blockchain technology.

Notably, the upcoming sale signals a good start to the year for CoinList, which experienced a standout year in 2024. Last year, it handled 14 token sales that involved over 145,000 investors and $100 million in tokens purchased.