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- Damex.io proclaims the launch of its utility token’s IEO.
- The IEO will happen on Damex’s app on April 19, 2023.
- Damex’s utility token will grant customers unique advantages.
Damex.io, a Gibraltar-based digital asset firm, has introduced the launch of its utility token’s Preliminary Alternate Providing (IEO). The digital asset platform will maintain the token sale on its Damex app, and two soon-to-be-announced launchpads on April 19, 2023. There are quite a few options and rewards obtainable to holders of the $DAMEX native token, all of which may be achieved by way of the brand new good app.
The $DAMEX utility token will grant customers entry to premium benefits like larger cashback, VIP premium memberships, and decrease alternate charges, amongst others. The digital asset firm additionally disclosed a staking idea for his or her native token that will enable customers to earn rewards for staking and extra.
The corporate plans to launch the Damex token throughout plenty of platforms and can initially be accessible on Ethereum. After that, it is going to be bridged to extra networks, together with Solana, BSC, and others. Damex goals to maximise its customers’ funding potential by way of its native token’s versatility.
On April 19, 2023, the Damex IEO shall be held on the Damex app, which is accessible within the UK and the European Financial Space (EEA). The Damex app provides cross-border remittance buying and selling, OTC desk companies, chilly storage, a Visa Card program, and quite a few step2earn options. events throughout the globe will be capable of be a part of the IEO from one of many two launchpads quickly to be introduced by Damex.
Damex is a Digital Asset Finance utility with an inbuilt step2earn gamification layer providing OTC companies. Notably, the corporate is among the 14 DLT-licensed companies approved by the Gibraltar Monetary Companies Fee in step with future propositions of EU laws on DLT property.
Damex can be getting ready for the rising regulatory implications on the cryptocurrency business. Damex has established a stable repute for itself, obtained a extremely sought-after Gibraltar DLT license, and is topic to Guernsey Monetary Companies Fee (GFSC) regulation.