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Cadalabs Project Raised $1 Million From Its Private Token Sale -Breaking

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Cadalabs Project Raises $1 million from Its Private Token Sales

Cadalabs Protocol is happy to announce that their private sale of 1,000,000 USD has been completed. The mainstream solution allows for the seamless integration of NFT markets and tokens that are not fungible into any application.

“We are grateful for the confidence our many visionary investors have shown in Cadalabs. Their many talents and investment allowed us to get insights, introductions, and advice which continue to assist in executing at lightning speed.

What does CADALABS PROTOCOL mean?

CADALABS Protocol, the first community-driven NFT platform, is creating a NFT Minting App on the Network that will enable digital artwork collectors to mint their work as NFTs and link them with sellers for seamless future trades.

The $CALA Token is a utility token developed by CADALABS. This allows the community to get involved in governance. Users can vote for proposals and moderate creators. They also have the ability to stake their tokens in order to gain featured art.

Scope of the $CALA token

The $CALA token can be used to purchase the following:

*Transact on Our NFT Platform.

*Maintaining Governance: decisions to integrate new protocols, edit pool parameters, edit risk parameters, etc.

*Yield Farming through our Staking Platform.

*Payment For Profile Verification: Since Our Platform is decentralized, how do we mitigate that? we have also added manual verification. In this way, we conduct due diligence on each User before we give the green tick.

*Stake CALA token to rank higher on our Smart, AI Sorting Engine

*Buy Advertisement Slots on Our NFT Platform

CALA Token Distribution

Already minted CALA token on the cardano, there is a token supply totaling 100,000,000 CALA token. These tokens will be dispersed below.

PRIVATE SALE: Venture Capitalists and long-term investors will have 10,000,000 CALA tokens.

PRE-SALE: Early Investors can purchase 25,000,000 CALA Tokens at 0.05 ADA for each CALA Token.

Public Sale: 50 million CALA Tokens on Major Exchanges at 0.5 ADA each CALA Token

YIELD FARMING & ECOSYSTEM FUNDS: 15 million CALA Tokens will be reserved for Staking, Yield Farming and Ecosystem Development.

It is designed to attract network participants that share our vision of long-term success for $CALA token.

Function for Deflationary Burn

CADALAB will consume 50% of Ecosystem Tokens & Mining Rewards in the next two years.

In order to participate in the Cadalabs Token’s Pre-sale, follow the link: https://cadalabs.io/presale

Social Media

Twitter (NYSE:): https://twitter.com/CadalabprotocolTelegram Group: https://t.me/cadalabscommunityTelegram Channel: https://t.me/cadalabsnewsMedium: https://cadalabs.medium.com/

Contact Media

Company: Cadalabs ProtocolContact Name: CadalabsLocation: UK, Manchester city, LondonE-mail: Info@cadalabs.ioWebsite: https://www.cadalabs.io

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