PRESS RELEASE. Backed by Tezos Foundation, the domain naming service Tezos Domains’ initial dex offering (IDO) is now live exclusively on TrustSwap. The project has been active for 2 years with over 150,000 domains registered, and is one of the most successful dapps on the Tezos blockchain. The company recently partnered with TrustSwap for its initial dex offering (IDO), followed by a listing on centralised exchanges.
Tezos Domains Initial Dex Offering Is Live on TrustSwap, Ahead of CEX Listing
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Press release
The public sale of the TED token will be available from 25th September 2023, 5:00 PM UTC to 28th September 2023, 5:00 PM UTC.
The following details can guide community members from TrustSwap to participate in the initial dex offering of Tezos Domains here.
IDO Price: $0.04
Initial Market Cap: $198,500
* calculated excluding liquidity pool
After announcing its Tezos community only sale earlier last week, Tezos Domains has now launched its TED token sale with TrustSwap, one of the biggest cryptocurrency launchpads and incubators in the ecosystem.
TrustSwap also announced more options for communities to participate in the sale without the need of an EVM wallet, as the token is on a non- EVM compatible blockchain (Tezos). This will allow the Tezos community to join in the launch and get a guaranteed allocation of $1500 without needing to stake or swap tokens.
“We’re excited to have TrustSwap on board as our launchpad, as they have helped us greatly generate awareness and connect with communities beyond the Tezos ecosystem.” said Andrew Paulicek, Founder of Tezos Domains.
“With the platform and now a governance token, we’re looking forward to receiving notable results from all sides, expanding the utilities, convenience and usage of human readable crypto-addresses, while allowing the token holders to gain access to governance and rewards,” continued Paulicek.
The Tezos Domains team has been working together for more than ten years on various large-scale projects. The team has successfully developed, launched, and maintained the Tezos Domains project since 2021.
The team also developed a selective indexer for Tezos called Dappetizer as well as a crucial part of the GVC Group production infrastructure called Dynacon, a large-scale application configuration management system enabling the company with ad-hoc configuration changes done live in production across multiple products and brands.
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