Fusotao Protocol Upcoming IDO
Fusotao Protocol upcoming IDO on WannaSwap will be live on 11th May 2022. Fusotao is a permissionless blockchain based on Substrate and hosted on Octopus Network. It contains a highly customized runtime focused on verifying an off-chain matching system. Moreover, the main purpose of Fusotao is to separate the role of banks from the centralized exchanges which are shouldn’t be combined into one, rather than building another general-purpose blockchain or a dex on a specific blockchain.
Fusotao Protocol IDO Details:
- Staking Period: May 11, 1 PM UTC
- Subscription Period: May 17, 1 PM UTC
- Calculation Period: May 18, 1 PM UTC
- Distribution Period: May 18, 1 PM UTC
- Price: $1/$TAO tokens
- Vesting: 100% at TGE
- Holding 3,000 $WANNAx is required
To participate, users have to visit https://wannaswap.finance/launchpad
HERE’S HOW TO JOIN
- Hold 3,000 WANNAx all the time to be able to join IDO.
- Stake an amount of wNEAR during the Subscription Period to determine the maximum amount of wNEAR you can use to commit during the Subscription Period.
- Commit the amount of wNEAR you want to buy TAO tokens.
- Check the results and claim your purchased tokens when the time comes.
Understanding the WannaSwap Launchpad
WannaSwap Launchpad is a token release platform that brings users quality projects every month. Currently, they are still actively working on potential projects coming out on Near/Aurora.
For new projects, WannaSwap Launchpad is more than just a regular token sale platform. It is also a consulting unit, supporting the development of projects from its understanding and relationships in design tokenomics, marketing, grant, investment, as well as liquidity. in addition, after IDO, projects also have the opportunity to long-term cooperate with WannaSwap such as creating a farming pool or helping to connect with other projects to create a thriving network.
Moreover, for users, WannaSwap Launchpad will bring great investment opportunities because projects must pass strict standards in terms of teams, backers, roadmap, and goals.
ABOUT WannaSwap
WannaSwap Launchpad is a token release platform that brings users quality projects every month.
ABOUT Fusotao Protocol
Fusotao is a permissionless blockchain based on Substrate and hosted on Octopus Network. The main purpose of Fusotao is to separate the role of banks from the centralized exchanges which are shouldn’t combine into one, rather than building another general purpose blockchain or a dex on a specific blockchain.
RESOURCES
Medium