Flickto to Power the Next-Gen Crowdfunded Content as Its IDO on ADAX Starts Jan. 10
- Flickto’s IDO on ADAX Pro starts with a priority round on Monday, January 10th, 2022.
- The public round will begin 24 hours later, on Tuesday at 12 P.M GMT.
- And will end on Friday at 12 P.M. GMT.
Flickto (FLICK), a Cardano-based community media launchpad recently announced a lucrative partnership with ADAX Pro, following a highly successful fundraising round. This alliance will see Flickto hold a Public Sale round that will take place on Monday, January 10th, 2022 on ADAX Pro.
For ADAX priority round qualifying investors, doors open at midday for those with 1000 ADAX staked in a locked ADAX pool at the price of 0.009. The public round will begin 24 hours later, on Tuesday at 12 P.M GMT at the price of 0.01, and will end on Friday at 12 P.M. GMT.
Once the priority round and the main public sale round are done, tokens will be locked until July 1st. It’s also worth noting how significant this cooperation is for Flickto. This is because ADAX is so huge, and it’s a fantastic partnership that will further accelerate Flickto to its next stage of development.
To note, the FLICK token has a total supply of 5 billion tokens, of which 330 million are available for first-round sale.
This is ADAX’s FIRST IDO/public sale taking place on its Launchpad. Moreover, as a major contributor to the Cardano ecosystem, this is a significant accomplishment for both Flickto and ADAX.
Within the Cardano ecosystem, ADAX is an automated liquidity mechanism that allows for non-custodial and censorship-resistant exchanges. To add on, ADAX aims to eliminate the need for centralized middlemen by facilitating token swaps, increasing asset liquidity, and reorienting the DeFi industry around Cardano.
Since ADAX recently launched its centralized exchange and a DEX is coming soon, the CEX/DEX services may be available to the Flicko community in the future. However, this plan is only tentative as Flickto is gearing to disrupt the world.
Additionally, the goal of Flickto is to transform the way the media business is funded. To put it another way, Flickto employs a unique tokenization approach using the FLICK token (its Cardano native token) and Cardano staking, allowing Flickto to empower creators from all over the world when it comes to funding their projects. FLICK is already freely available on the open market and will be gained through staking and voting.
Text source: News – CoinQuora – Latest Cryptocurrency and Block
