Sunrise’s $RISE Token Community Round Promises “Better Terms Than Early Backers”

On June 3rd, 2025, Sunrise, a leading project focusing on shared liquidity and ‘Interliquid Networks’, began the official Community Round for its upcoming native token, $RISE.

Sunrise hopes that its approach to community rounds will set it apart from other cryptocurrency projects, suggesting that its primary purpose is to invite its community to ‘take ownership’, facilitate a governance system that is genuinely decentralized in the future.

“This next phase of Sunrise is for the people who believed in us first — you… unlike most token launches, you will get better terms than early backers”, reads Sunrise’s official announcement.

$RISE’s Community Round: The Details

At time of writing, Sunrise’s community round is ongoing, having commenced at 23:00 UTC on June 3rd. The initiative will effectively last until 23:59 UTC on June 13th. However, the sale itself is split into two parts…

• Sign-up Phase (June 3rd-8th)
• Submission Phase (June 9th-13th)

The announcement disclaims that “Following the sign-up phase, all participants will undergo a strict screening process to ensure eligibility and compliance. If successful, they can proceed to the Submission phase”.

Sunrise is offering some 25 million of its native $RISE tokens in the sale, each being priced at $0.08 per token. This translates to a full valuation of $40 million in light of a 500 million $RISE total supply.

Presumably this means that, should the community round sell out entirely, the project will be left with a full $2 million from the proceeds.

Interestingly, all tokens purchased in the community sale will be fully unlocked at TGE, and participants will receive their tokens upon mainnet launch. For details on how to participate, visit Sunrise’s full explainer post on X.

$RISE Tokenomics

Sunrise operates a dual-token system, with $RISE being the transferable counterpart to $vRISE (which is non-transferable and used for governance and staking). 

$RISE itself can be staked for yield by holders but will also be used as the base asset for Sunrise’s liquidity pools.

Sunrise’s official post also provides granular insight into $RISE’s tokenomics and distributions…

Of the total supply of $RISE, only 14.5% of tokens are allocated to the project’s early backers. This figure is perhaps towards the lower end among VC-backed projects. However, it combines with 20% allocated to initial contributors, translating to an overall insider allocation of 34.5%.

On the flipside, the remaining 65.5% of $RISE’s supply is allocated to the community through different strata such as the community round (5%), airdrop (6.8%), grants and community contributors (30%), and ecosystem (23.7%).

According to the announcement, $RISE’s 500 million token supply will not be full in circulation until some 27 months after TGE.

Closing Thoughts

Sunrise itself is backed by some of crypto’s leading investors. These include MH Ventures, Gumi, and even Animoca. These investors have contributed some $3 million to the project, but receive only 5% of their tokens at TGE, followed by a release schedule of well over a year, potentially signalling significant faith in the project itself.

Sunrise’s decision to allocate the vast majority of its $RISE tokens to community segments is also encouraging and reflects a genuine desire to engage its ecosystem and foster truly decentralized governance in the future.

What’s more, if its ongoing community sale is eventually successful in raising a full $2 million, such an injection will likely provide Sunrise with a meaningful runway to both undertake further marketing efforts, and ultimately execute its vision for a blockchain future of shared liquidity and ‘Interliquid Networks’.

However, as with anything crypto, the future remains uncertain and only time will tell what the future holds for Sunrise, its community, and the $RISE token itself…