AdaSwap will launch a token sale via Cardstarter in order to attract investors. This token sale is part of an ecosystem builder. It is designed to help raise funds and promote sustainable growth on its platform.

AdaSwap has allocated 80 million ASW tokens valued at $0.005 each in order to help it raise $400,000. Half of the allocation will be released at TGE, and half will be available one month later.

AdaSwap’s goal is to raise funds in order to achieve its dream of creating the first DEX for Cardano. It is one the most popular decentralized application developer blockchain projects. Cardano’s native token ADA is currently 6th cryptocurrency by market cap, yet despite this it lacks a native DEX or DeFi ecosystem, meaning users must rely on centralized exchanges to buy, sell and swap the tokens.

AdaSwap will address this problem by creating an AdaSwap native and gamified DEX to the Cardano Network that will enable users to quickly swap Cardano-based tokens. AdaSwap also plans to create a native NFT market and long-term fixed liquidity pools with high yield. AdaSwap will allow users to purchase and sell NFT artwork, stake tokens and receive high interest. AdaSwap won’t be focusing as much on high liquidity locks to make a better financial market. It will instead focus more on users.

AdaSwap is the first to adopt Cardano. This allows AdaSwap to develop a microecosystem which will allow the Cardano Blockchain to be used around the globe.

AdaSwap’s native cryptocurrency, the AdaSwap token (ASW), will power many functions in the Cardano ecosystem. ASW tokens can be used interchangeably with any other Cardano tokens because they are native Cardano tokens. ASW token owners will have the ability to trade tokens on AdaSwap DEX. This allows them to leverage arbitrage opportunities and reduce transaction fees.

“In order for the potential of the Cardano ecosystem to be realized, concrete realities must be brought into alignment with the Cardano ethos. To share this ethos, it is our responsibility to provide support for the Cardano builders and creators. I think ADAswap can play a significant role in this respect. The ecosystem is rapidly taking shape, and I am more confident than ever that the future of DeFi is bright, close at hand, and built on Cardano.”
Brandon Kazakoff is the COO at Cardstarter.

ASW tokens are generating a great deal of conversation on channels like VoskCoin, Banter Capital and Banter Capital. They have also generated tremendous excitement ahead of their launch on Cardstarter. Cardstarter is a decentralized project accelerator that assists new projects in launching IDO tokens sales on Cardano’s blockchain.

Cardstarter, which aims to connect early-stage Cardano innovators with a network of donors is a great launchpad for ASW. Investors can participate in low risk opportunities to invest on projects that are built using the Cardano Blockchain, which is backed up by the Cardstarter Insurance treasury.

Launch pads are a crucial starting point in any project’s lifecycle. They provide the foundation for strong beams to be placed on. AdaSwap has chosen AdaSwap as the most suitable launchpad to build the strongest base. Cardstarter is a great partner for AdaSwap.
Itay Levy is CEO at AdaSwap.

For more information, visit the AdaSwap site. Investors must first register to IDOs via Cardstarter.

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