Igra Network Taps $59M-Proven Auction Model for IGRA Token Sale

Igra Deploys Auction Model Proven in $59M Token Sale

On March 24, 2026, Igra Network announced its public sale for the IGRA governance and security token, which will begin on March 26. The launch will utilize a Continuous Clearing Auction (CCA) mechanism, a model designed to promote fair price discovery and deter the automated manipulation common in other token sale formats. This strategy leverages a battle-tested framework implemented via the Zealous Auctions Protocol (ZAP).

The CCA model's credibility stems from its successful use in Aztec's December 2025 token launch, which raised $59 million from approximately 17,000 bidders across 191 countries. In that sale, 96% of participants contributed less than $10,000 each, and the final price cleared 60% above the floor without any detected instances of last-minute sniping. By adopting this model, Igra aims to reward sustained demand and genuine valuation over the high-speed advantages exploited by bots in fixed-price or Dutch auctions.

Sale Offers 3.5% of Supply with No Vesting

The auction will allocate 3.5% of the total IGRA supply to the public, starting from a floor price of $0.006 per token. In a move designed to attract long-term participants, the tokens will have no lockup cliff or vesting schedule, making them immediately available for claiming and secondary trading after the auction concludes. All proceeds from the sale are designated to seed the initial on-chain liquidity for the token.

IGRA tokens serve a dual purpose within the network. Attesters stake IGRA to validate network state and in return earn a share of Layer 2 transaction fees. The token also grants governance rights over protocol upgrades and treasury allocations, with a full transition to a decentralized autonomous organization (DAO) planned within 24 months of launch.

Launch Taps Kaspa's $486M Latent Demand

The token sale follows the launch of the Igra Network mainnet in March 2026. The network operates as a decentralized execution layer, or 'based rollup,' on Kaspa's proof-of-work BlockDAG, making it compatible with the Ethereum Virtual Machine (EVM). This positions Igra to fill a critical infrastructure gap on Kaspa, a blockchain with a market capitalization approaching $1 billion.

Kaspa's ecosystem has demonstrated significant latent demand for programmability, generating $486 million in trading volume on the day its KRC-20 token standard launched, yet it holds less than $1 million in DeFi total value locked. With the ability to process over 3,000 transactions per second and support from 15 launch partner protocols, Igra Network is positioned to provide the smart contract functionality needed to unlock this on-chain economic activity.