[PRESS RELEASE – Gibraltar, Gibraltar, 5th October 2021]
Idexo is pleased to announce the completion of the Stealth Token Generation Event (TGE) in late September 2021. The successful event took place a few days after the successful sale of the launch of IDO, raising nearly $800,000. So far, Idexo has raised $3.35 million through pre-launch token sales.
Idexo, the technology group that enables creative entrepreneurs to build industry-disrupting apps, has completed two major token sale events in quick succession. First, the team organized a DEX Initial Offer (IDO) to sell its original token, raising nearly $800,000. Then, a few days later, they raised more funding through a “hidden launch” token generation (TGE) event.
Both token sales confirm that there is huge interest in what Idexo brings to the table. With this API, anyone can integrate NFT and NFT market features into their apps and games using just a few lines of code.
The original Idexo token, called $IDO, provides a mechanism for core team motivation and community development for the roadmap. Its maximum supply is 100 million, of which 5.5 million constitute the initial circulating supply.
Furthermore, IDO has an initial market capitalization of $2.2 million or a diluted market value of $40 million.
After a successful token generation event, $IDO will have a monthly emission of between 1.8% and 3.5%. Approximately 60 million tokens will be distributed by July 2023. The tokens are distributed to the participants in the sale; Maturity contracts will start with special sale amounts. Other distros, in line with the $IDO token, will also start rolling out. $IDO stats can be accessed through CoinGecko, Coinmarketcap, LunarCRUSH, and others. $IDO can be traded on Uniswap.
Community members can look forward to the public betting pool offering $USDT as a bonus code starting October 5th. IDO holders will receive $USDT in reward distributions, the world’s leading stablecoin, based on the amount of USDT generated by the project from various fee streams. Soon it will come with staking pools where users can participate in a specific roadmap direction and get more USDT rewards if that trend works well and less rewards if it’s bad.. In addition, all stakeholders will get an NFT that provides access to various features other.
About Idexo
Edixo values simplicity and fun. We want to empower creative individuals to create great applications that disrupt the industry by simplifying complexity in two key areas: (1) product shipping, where we reduce technical and economic complexity through our SDK/API and Compute Credit, and (2) the growing community, through a combination of Community Development Tools (CDK).
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