Idexo Raises $3.35M Before Launch, Exciting Staking Pools Underway By CoinQuora
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- Idexo was able to raise $3.35 million through token sales just before it launched.
- Funds were raised through two separate events.
- These events included an IDO Launch Sale and Token Generation Event.
The technology stack — Idexo, known to empower creative entrepreneurs in building industry-disrupting apps, is excited to say that it has raised $3.35 million via token sales before its launch.
Idexo hosted two major token sales events, one after the other. To sell its native token, the first was an Initial DEXO (IDO). Nearly $800,000 was raised for this event. The second event was the ‘stealth launch’ of its Token Generation Event (TGE).
Both events were a huge success, proving the immense interest Idexo has in its products. This API allows users to integrate NFTs and NFT market features into their games or apps. This is possible with just a few lines code.
Idexo’s native token — $IDO, brings in a mechanism that incentivizes the core team along with community development on the roadmap. It has a 100 million maximum supply. The initial supply of the token is 5.5 millions. To add on, the IDO’s initial circulating market cap is $2.2 million or a diluted market cap amounting to $40 million.
The grand TGE will result in $IDO seeing a monthly emission of between 1.8%-3.5%. Up to 60 million tokens are expected by July 2023. Tokens are being distributed now to those who participated in launch sales. For private sale amounts, vesting agreements will be in place.
Other distributions will be available in accordance with the $IDO tokenomincs. All interested parties have access to $IDO statistics via CoinMarketCap. CoinGecko. LunarCRUSH. You can also trade $IDO on
The best part is that members will soon be able to enjoy General Staking Pool, NASDAQ: with $USDT reward token. It will become available starting October 15. In order to be precise, $USDT will be distributed to reward holders who have staked $IDO.
In the future, you can join Directional Staking Pools (and stake in a specific direction) and take part in Directional Staking Pools. You will receive a higher $USDT reward if the direction moves forward. If the direction fails to perform, it will provide fewer rewards. All stakers will receive an NFT which will eventually allow them to access multiple additional features.
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