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LOFI token launches on Cetus and funds water wells and Puerto Rico aid
LOFI fair‑launched on the Cetus platform in December 2023 and the team subsequently purchased 25% of the supply on the open market. The project airdropped 5% of tokens to the Sui ecosystem, including Sui Play gamers and partners at Sui Foundation and Mysten Labs. On‑chain donations funded six water wells and five public facilities in Nigeria, making LOFI the largest verified crypto donor through Bitcoin Mandela. Twenty percent of the NFT mint revenue was allocated to children in Puerto Rico lacking fresh water, and the project is taught in Alchemy University’s Intro to Blockchain course. The 5,555 Mystic Yetis NFTs feature hand‑drawn artwork and individual lore.