Key Takeaways:
The presale for SurgeXRP ($SGP), a real estate marketplace on the XRP Ledger, has filled more than 10 percent of its soft cap as the project prepares to launch a real-time allocation dashboard for contributors.
"The final $SGP presale price will be determined by the total amount of XRP raised, creating a more open and market-driven allocation process," according to project documents. This contribution-based model differs from typical fixed-price presales.
The project allocated 100 million $SGP, or 50 percent of the total 200 million token supply, to the presale. Early participants are incentivized with a 10 percent token bonus for the first 100 contributors and an additional 10 percent bonus for the top 20 contributors. SurgeXRP plans to list the token on XPMarket and MagneticDEX at a 30 percent premium to the final presale price.
The upcoming dashboard is expected to increase transparency for presale participants, who currently include traders from the Hyperliquid and Zcash communities. The project taps into the growing real-world asset (RWA) narrative within the XRP ecosystem, with the $SGP token intended to be used for staking, governance, and priority access to future tokenized property listings.
This article is for informational purposes only and does not constitute investment advice.
