Cashmere Labs Barn Raising founding Barn NFT sale

Cashmere Labs plans to sell 1,000 founding Barn NFTs in its Barn Raising event, with the sale tentatively expected in November 2026. The exact day has not been confirmed, and the sale involves ETH as the payment currency and CSM as the token Barns are designed to earn.

What is happening

Barn Raising is a planned sale of 1,000 founding Barn NFTs. Guaranteed allocations are priced at 0.125 ETH, and whitelisted buyers pay 0.25 ETH in a first come, first served sale. Any remaining Barns go to a Dutch auction that starts at 1.5 ETH and declines to 0.25 ETH. Public buyers pay the final auction price, and the team refunds any excess payment.

Existing Goat Street and Cashmere Early Goat NFT holders are expected to receive priority for guaranteed and whitelist allocations once applications open. Cashmere's October 31 Mountain specifications said applications for guaranteed Barn allocations would be announced within a week.

Barns will operate within Mountain, an NFT-based issuance platform being built on Robinhood Chain. They are soulbound, so they cannot be freely moved between wallets. Each Barn starts with one stall and can hold up to ten, and participating stalls receive newly issued CSM every second. Of the 666 million maximum CSM supply, 65% (432.9 million tokens) is reserved for ongoing issuance through Barns and Goat Street NFTs. Mountain's smart contracts are expected to undergo an external security audit before the platform opens to the public.

Why it matters

The Barn sale is the entry point to Mountain's token issuance system, so it determines who can earn CSM from the 65% reserved allocation. Participating in Barn Raising also places buyers among the groups Cashmere named for its planned CSM airdrop. The sale and the airdrop are separate arrangements, however, and buying a Barn is not itself a claim on previously allocated tokens.

For holders and traders, the tiered pricing, from fixed guaranteed and whitelist prices to a declining-price auction, shows how demand will be measured. Cashmere has not yet announced an airdrop claim date, a snapshot schedule or a claim portal, and the final eligibility rules and allocations are still to be disclosed. Because the timing is tentative, participants should rely on the project's official channels for confirmed dates and application details.

Key details

• Date: November 2026 (tentative, exact day not confirmed)
• Project: Cashmere Labs
• Coins: CSM, ETH
• Category: Token Sale
• Status: Tentative
• Source: crypto.news, "Cashmere Labs CSM airdrop: how to qualify and when to claim tokens"