Idexo Raises $3.35m In Token Sales Before Launch, USDT-Rewarding Staking Pool Launches October 5 By DailyCoin
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Idexo announces the successful completion of its Token Generation Event in stealth mode, in September 2021. This successful event took place just days after the completion of a highly successful IDO launch sale that raised nearly $800,000. Idexo raised over $3.35M through token sales since its launch.
Idexo, a platform for creative entrepreneurs that helps them build disruptive apps, recently completed two important token sale events. To raise close to $800,000., Idexo organized an Initial DEX Offer (IDO) for its native token. Then, a few days later, they raised more funding through a “stealth launch” Token Generation Event (TGE).
Idexo’s token sales show that there is a lot of interest. With just a few lines code, any developer can easily integrate NFTs or NFT marketplace features in their games and apps.
Idexo’s native token, called $IDO, introduces a mechanism to incentivize core team and community development of the roadmap. The maximum supply of IDO is 100,000,000, with 5.5 million making up its initial circulating supply. IDO also has an initial market cap $2.2 million and a diluted cap of $40 millions.
The successful Token Generation Event saw $IDO achieve a monthly emission of 1.8% to 3.5%. Up to 60,000,000 tokens will have been distributed before July 2023. Launch sale participants are receiving tokens. The vesting contracts kick in for the private sale amount. Others distributions will follow the $IDO tokenomics and begin to rollout. You can access statistics for $IDO through CoinGecko and Coinmarketcap as well as LunarCRUSH. You can trade $IDO on
On October 5, community members will be able to look forward the General Staking Pool, NASDAQ: featuring $USDT for a reward token. Holders who stake their $IDO will receive $USDT in reward distributions, the world’s leading stablecoin, based on how much $USDT the project generates from its various fee streams. Directional Staking Pools will soon be available. Users can stake their $IDO on specific directions and get higher rewards if they do well, and lower rewards if they fail. All stakers will be issued an NFT, which gives them access to other features.
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