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Home blog

Idexo Completes Successful IDO, Raising $3.3 Million From Token Sale

lexmor by lexmor
October 6, 2021
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What is behind the cryptocurrency market bloodbath?
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Arman Sherinyan

Idexo develops effective tokens after IDO completion and successful generation event

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edxo The technology group announced the completion of the Token Generation Event (TGE) that took place in September 2021. Generation completed in stealth mode. Prior to the event, the IDO was held successful, raising nearly $800,000. Currently, Idexo’s sales remain at $3.35 million raised through both IDO and TGE.

The company has created a convenient technology suite that allows developers and entrepreneurs to create decentralized applications. Investors expressed great interest in both financing events. Through the project’s API, users can integrate NFTs and Marketplaces within their apps and games by executing just two lines of code.

Idexo’s original IDO$IDO token was designed to catalyze the realization of the previously developed roadmap. The total bid was set at 100 million. A total of 5.5% of the offer will be used to create the initial rolling offer.

In order to generate effective tokens, the IDO token version will be set at 1.8-3.5%. By July 2023, approximately 60 million are expected to be distributed. The token will be distributed to the participants in the sale.

The project community is anticipating the launch of a public staking pool featuring USDT as a reward token to be launched on October 5. By placing IDO tokens, users will be able to get USDT as reward. The size of the reward depends on the number of USDT generated by the project.

Vector staking will also be available soon. Users will be able to bet or “bet” on a specific roadmap direction and get USDT as a reward. NFTs will be redistributed among users. These icons are designed as keys for many additional features.

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