CV Pad Broadcasts XOXNO IDO & Token Sale

CV Pad, the brand new Web3 launchpad providing entry to early-stage VC-vetted alternatives, has introduced its subsequent token sale. This IDO will characteristic XOXNO, the main DeFi and NFT market on the MultiversX community (previously Elrond). The co-launch between CV Pad, MultiversX and xLaunchpad will start on June twenty eighth, after the week-long whitelisting interval.

Co-launch with MultiversX & xLaunchpad

CV Pad is co-launching the XOXNO IDO with MultiversX and xLaunchpad. With $13M+ raised and 110K+ distinctive customers, xLaunchpad is the highest launchpad platform for initiatives launching within the MultiversX ecosystem.

This collaboration leverages the strengths of all three platforms, offering 360-degree assist for initiatives launching on MultiversX. This co-launch may even assist retail individuals acquire entry to new, high-quality alternatives, significantly throughout the MultiversX community.

The XOXNO Community: Enabling Web3 Client Merchandise

XOXNO is planning 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 Web2 non-custodial pockets to assist make Web3 extra accessible for newcomers.

Upcoming Options

XOXNO additionally has a number of deliberate options that can enhance NFT performance, each throughout the MultiversX ecosystem and past.

The options of XOXNO embrace:

• Built-in On-Chain Ticketing System: XOXNO will allow dynamic and transferable occasion experiences by permitting tickets to be bought as NFTs. These tickets can be utilized for pre- and post-event interactions and are enhanced with a common good badge innovation.
• Liquidity Staking for $EGLD: XOXNO may even act as a liquidity hub, enhancing the token’s attraction by unlocking liquidity with out lock-ups. Charges collected from staking are burned and redistributed as rewards to the neighborhood to foster a sustainable ecosystem.
• Mortgage Protocol: XOXNO may even make the most of NFTs as collateral for loans, offering a brand new resolution for borrowing. This protocol ensures clear, real-time monitoring and transferability of possession by way of on-chain tokens, providing a safe and environment friendly lending system.
• Sovereign Chain: XOXNO’s customizable blockchain is devoted to NFT expertise, enabling full-stack customization. The native token is built-in into gasoline and staking processes, providing supercharged utility and enhanced performance.
• Extensive Token Integrations: The XOXNO token is integral to the platform, supporting transaction providers for launchpad registration, market charges, and rebates. It additionally captures worth inside borrowing-lending markets, making certain cohesive and complete utility throughout all merchandise.

Achievements

XOXNO has helped creators increase over $30m by way of its launchpad, achieved over $25m in secondary gross sales, and paid out over $2m in royalties so far.

The platform has greater than 125k distinctive customers and is answerable for 90% of the transaction quantity on the MultiversX community ($EGLD). There may be nonetheless room to develop with the thrilling options coming to the XOXNO platform.

Token Utility

The $XOXNO token has three key features throughout the ecosystem:

1. Governance: Permits holders to take part in decision-making processes.
2. Transaction Charges: Used to pay charges throughout the XOXNO platform.
3. Incentives: Gives rewards for staking and lively participation within the community.

IDO Particulars

CV Pad’s XOXNO whitelisting marketing campaign started on June twentieth at 5pm CET, when the sale particulars had been additionally publicly introduced. This whitelisting marketing campaign will stay open for precisely one week, closing on June twenty seventh at 5pm CET. The next day, June twenty eighth, at 5pm CET, whitelisted buyers can begin their contributions for $XOXNO tokens on CV Pad.

XOXNO contributions will vary from a minimal of $100 to a most $350. There are 1,000,000 $XOXNO tokens on the market at a hard and fast worth of $0.08 every.

Be taught extra concerning the XOXNO IDO and be a part of the whitelist right here. 

About CV Pad

CV Pad is a Launchpad+, aiming to take initiatives by way of their TGE with a set of providers from tokenomics assist to distribution and advertising and marketing, with the assist of their world community of partnerships.

As a collective, DuckDAO, CV VC, and CV Labs make the most of their wealth of expertise in web3 and conventional enterprise capital to assist initiatives and supply vetted, curated picks for the launchpads buyers.