ZURICH, SWITZERLAND, Jan. 27, 2022 (GLOBE NEWSWIRE) — CoolLaunch The team is happy to inform the community of their ongoing seed sale. The Cardano-based project that builds a decentralized multi-chain fundraising platform allowing metaverse, IGO and NFT projects to raise capital independent of Blockchain has been well received by enthusiasts in the crypto space, as more 73% of their 70 million tokens allocated to seed sales were filled within 14 days. Since their launch, the cryptocurrency community has been abuzz with the belief that Coollaunch is at the forefront of harnessing the limitless potential of the IoT ecosystem.
Coollaunch is a decentralized multi-chain fundraising platform built on the Cardano blockchain. Apart from just having an IDO Launchpad that allows users to fundraise for their projects, Coollaunch is unique as its new feature allows users to stake their $COOL token to be eligible for NFT drops.
Coollaunch has garnered a lot of interest from the Cardano and IoT community at large, as the project has come up with innovations that address inherent issues in the IoT ecosystem.
Seed sale details:
Seed sale date: January 11, 2022 (SEEDS SALE IS LIVE)
Seed sale closing date:
February 11, 2022 or until token allocation runs out
Breakdown of seed sales:
70,000,000 COOL tokens
1 ADA = $666 COOL
Seed sale link: https://sale.coollaunch.io
Coollaunch.io with its two-round mechanism ensures that each level tier is awarded based on the stake.
Coollaunch.io is also working on striking partnerships with influencers, marketing partners and KEVM developers resulting in a robust product.
Multi-chain support ensuring that Metaverse, NFT and gaming projects are able to raise capital regardless of Blockchain.
$COOL is the utility token built on the Cardano Blockchain that will power the COOLLAUNCH.IO ecosystem, $Cool Token will be used as a subscription token to access the COOLLAUNCH.IO IoT platform.
The COOLLAUNCH community has the power to approve all Cardano projects submitted on our Launchpad through governance events. $COOL holders may be able to approve a new cardano IDO project through a voting process that will require staking your $COOL tokens in favor of a project.
$COOL users can generate revenue by staking the tokens to farm ADA or generate more $COOL or both.
Protocol users should be involved in voting on protocol governance concepts. The governance contract allows users to propose and vote on protocol improvements.
Vision of the future
The CoolLaunch team aims to list on major exchanges in the coming months once sales are complete. In the meantime, several partnerships are planned, which will be revealed on the official Medium handle by the team. The purpose of the partnership is to disseminate information, educate the community and eventually grow the project.
Coollaunch.io is a decentralized fundraising platform and startup accelerator built on Cardano, it fully supports native Cardano tokens, NFT, Metaverse projects and provides DeFi functionality required by new applications.