Loud! has completed two token sale stages.  
In Stage 1, the whitelist round, the target was 200 SOL, and a total of 194.8 SOL were received. Each participant is expected to receive 225,000 LOUD tokens.  
Stage 2, an open public sale, aimed for 205.2 SOL (including the 5.2 SOL from Stage 1). It exceeded its target and reached the hard cap.  
In Stage 2, each participant's allocation adjusts to 0.05 SOL from 0.2 SOL due to over-subscription. The remaining funds will be refunded, with each partici