Globe Telecom today kicks off its Triple IDO (Initial Developer Offering) on Ignition, Superfarm and DODO, its three pioneering blockchain-based platforms. IDOs are meant to spur the development of the blockchain ecosystem by allowing developers, especially startups, to use the platforms to build decentralized applications (DApps) based on the blockchain framework.
London, England, 4. May 2021,
Globe (GlobeDX) will be the fourth. May 2021 to make an initial DEX offering (IDO) on the Ignition, Superfarm and DODO platforms. The team plans to sell 3 million chips at $1 each, bringing total chip sales to $21 million.
The next IDO for the Globe GDT token will take place today at 11:00 UTC. GDT is a useful ERC20 token that will offer discounts on trading costs and other benefits to token holders.
With this primary offering on DEX, Globe aims to provide equal access to the GDT token worldwide. IDO is the best way to do this, as Ignition, Superfarm and DODO have built solid reputations through such token sales. Investors see a high return on their investment for all tokens sold by this startup site.
As strategic partners in communicating Globe’s message to the world, Ignition, Superfarm and DODO are the best token sales platforms to spread awareness and adoption of Globe. Users must go through a whitelisting process to participate in the DCO. To this end, they must follow the procedure set out below:
After the initial DEX offering, users will be able to access the acquired tokens as soon as possible.
Globe will also launch an initial public offering – IEO – via Gate.io on the 6th. May 2021 Setting. The next day is the Globecommunity sale, which requires a very strict KYC process.
Globe will launch a liquidity seed pool on the Balancer platform once the token sale process is complete. Balancer is a well-known name in the cryptocurrency industry, as the platform has successfully facilitated numerous LBP events in recent months. Through the Liquidity Enhancement Pool, potential investors participate in a search for a fair price to purchase the GDT at their desired price.
By spreading token sales across multiple IDOs, IEOs and community sales, Globe gives all investors an equal opportunity to quickly acquire a GDT token.
The token offers a discount on trading costs – depending on the number of tokens the user has – but can also be used to pay future trading costs. Ultimately, it will act as a management token, with Globe aiming to decentralize ownership of this ecosystem.
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Globe is a crypto-currency derivatives exchange creating the most exciting new derivatives products, offering superior performance over any traditional cryptocurrency or financial exchange, and creating the future of digital asset markets. Globe is backed by Y Combinator, Tim Draper and Pantera Capital and recently completed a larger pre-sale than Binance, with over 200 strategic partners, some of whom are mentioned later in this introduction.
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