NASDEX are thrilled to announce that NASDEX will be coming to IDO on QuickStart (Starter.xyz), Polygon’s prime launchpad and a collaborative effort between Starter and QuickSwap, at the end of September (exact date to be revealed 2 weeks before). We are eager to see your participation and become NASDEX community members.
NASDEX is a decentralized exchange for the trading of tokenized stocks. It is designed to serve as a bridge between the crypto world and the equity world. We believe that the onchain adoption of the equity asset class will deliver increased accessibility with improved capabilities for both crypto and equity investor. NASDEX is truly decentralizing stocks and equities. No geographical limitations, no portfolio management or investment limitations and no KYC.
Prior to this IDO, NASDEX has closed both seed and private rounds with 16 times oversubscription, from supporters with the likes of Plutus VC, Firefly Capital and NexusBlock. See here for details.
NASDEX, the premiere decentralized exchange for tokenized equity, has successfully completed the fund raising for their strategic round. The round was raised in a difficult market environment with significant uncertainty and volatility given the large market correction in crypto post May. Nonetheless, $1.1 million was quickly raised, and the round ultimately ended up multiple times oversubscribed. Interest levels in NASDEX continued to increase as the crypto market recovered in August along with investor’s willingness to further invest in the project. But the strategic round allocations for NASDEX was already finalized and the new potential investors were directed to focus on the next public IDO round.
The new funding will help accelerate the ongoing development process at NASDEX and will quicken several key development milestones. At the same time, the funding is sufficient so that the team has the long term runway and support to create the best product through iterations in the future. The goal of NASDEX is to create the best decentralized exchange for tokenized equity. That dream will soon turn into reality given the funding and support from the VC investors.
NASDEX is the premiere decentralized exchange enabling the trading of Asian stocks on-chain. It is designed to serve as a bridge between the crypto world and the equity world. Its core benefits and differentiation includes stock yield enhancement through liquidity mining and special focus on Asian stocks. It’s product offering includes ETFs, indices, and additional asset classes and derivatives as well.
NASDEX IDO Whitelist on QuickStart
Important information and terms:
- IDO date: Last week of September (exact date to be revealed 2 weeks before the IDO)
- Offering: 100,000 USD at 25M USD valuation
- Token price: $0.25 per $NSDX token
- Chain: ERC20 token, Polygon
- Vesting: To be revealed
- KYC: Click here
The token price and vesting period for seed and private round are the same: 25% TGE, 6 months cliff and 10 months of linear distribution
More details will be released in the coming weeks. Please stay tuned to our social media channels for upcoming announcements!
IDO date: Sept 28, 2021 on @StarterXyz
We reserve the rights to make changes in above information and terms.
Starter is the leading multi-chain community-oriented launchpad that has been making tremendous strides since inception. Its IDO platform serves both Certified IDOs and decentralized, self-service IDOs and so far the total raised amount has exceeded $20million.
DISCLAIMER: This is not financial advice. Cryptocurrencies involves a high degree of risk, and there is always the possibility of loss, including the loss of all digital assets. We advise you to do your due diligence before getting involved in a project.
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