CV Pad, a brand new web3 launchpad providing entry to early-stage VC-vetted alternatives, has introduced its subsequent token sale. This IDO will function XOXNO, the main DeFi and NFT market on the MultiversX (previously Elrond) community. The joint launch between CV Pad, MultiversX and xLaunchpad will start on June 28, after a week-long whitelisting interval.
Joint launch with MultiversX and xLaunchpad
CV Pad launches XOXNO IDO along with MultiversX and xLaunchpad. With over $13 million and over 110,000 distinctive customers, xLaunchpad is the most effective launch pad platform for initiatives launching within the MultiversX ecosystem.
This collaboration leverages the strengths of all three platforms and supplies 360-degree assist for initiatives operating on MultiversX. This joint launch can even assist retail contributors acquire entry to new, high-quality alternatives, notably inside the MultiversX community.
XOXNO Community: Enabling Web3 Shopper Merchandise
XOXNO plans to open the floodgates from Web2 to Web3 by integrating DeFi and NFT applied sciences with user-friendly options. The XOXNO platform additionally features a cellular app and a non-sustainable Web2 pockets to assist make Web3 extra accessible to newcomers.
Upcoming options
XOXNO additionally has a number of deliberate options that may enhance the performance of NFTs, each inside and outdoors of the MultiversX ecosystem.
XOXNO options embrace:
- Built-in on-Chain ticketing system: XOXNO will allow dynamic and moveable occasion experiences by enabling ticket gross sales as NFTs. These tickets can be utilized for pre- and post-event interactions and are enhanced with a common good badge innovation.
- Liquid bets for $EGLD: XOXNO can even act as a liquidity hub, rising the token's attraction by unlocking lock-free liquidity. Charges collected from bets are burned and redistributed as rewards to the group to assist a sustainable ecosystem.
- Mortgage protocol: XOXNO can even use NFTs as collateral for loans, offering a brand new lending answer. This protocol ensures clear real-time monitoring and portability of possession by on-chain tokens and presents a protected and environment friendly lending system.
- Sovereign Chain: XOXNO's customizable blockchain is devoted to NFT know-how and permits full stack customization. The native token is built-in into the gasoline and staking processes and presents supercharged utility and enhanced performance.
- Broad token integration: The XOXNO token is an integral a part of the platform and helps transactional companies for launchpad registration, market charges and reductions. It additionally captures worth within the lending and borrowing markets and ensures cohesive and complete utility throughout all merchandise.
Achievements
XOXNO has helped creators increase over $30 million by its launch pad, achieved over $25 million in secondary gross sales, and paid out over $2 million in royalties up to now.
The platform has greater than 125 thousand distinctive customers and is liable for 90% of the transaction quantity within the MultiversX ($EGLD) community. There may be nonetheless room for progress with thrilling options coming to the XOXNO platform.
Token Utility
The $XOXNO token has three key capabilities inside the ecosystem:
- Governance: Permits holders to take part in decision-making processes.
- Transaction Charges: Used to pay charges inside the XOXNO platform.
- Incentives: Gives rewards for betting and lively participation within the community.
IDO particulars
CV Pad's XOXNO whitelisting marketing campaign began on June 20 at 17:00 CET, when particulars of the sale have been additionally publicly introduced. This whitelisting marketing campaign will stay open for precisely one week and can finish on June twenty seventh at 17:00 CET. The next day, June 28, at 17:00 CET, whitelisted traders can begin contributing $XOXNO tokens on CV Pad.
XOXNO contributions will vary from a minimal of $100 to a most of $350. There are $1,000,000 XOXNO tokens on the market at a hard and fast value of $0.08 every.
Study extra about XOXNO IDO and be part of the whitelist right here.
About CV Pad
CV Pad is a Launchpad+ that goals to execute initiatives by their TGE with a set of companies from tokenomics assist to distribution and advertising and marketing supported by their world community of partnerships.
As a collective, DuckDAO, CV VC and CV Labs use their wealthy web3 and conventional enterprise capital expertise to assist initiatives and supply vetted, curated picks for startup panel traders.
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