- Damex.io pronounces 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 Change 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 could be achieved by the brand new good app.
The $DAMEX utility token will grant customers entry to premium benefits like increased cashback, VIP premium memberships, and decrease change charges, amongst others. The digital asset firm additionally disclosed a staking idea for his or her native token that might 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 will likely be bridged to extra networks, together with Solana, BSC, and others. Damex goals to maximise its customers’ funding potential by its native token’s versatility.
On April 19, 2023, the Damex IEO might be held on the Damex app, which is accessible within the UK and the European Financial Space (EEA). The Damex app affords 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 to 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 corporations licensed by the Gibraltar Monetary Companies Fee in step with future propositions of EU laws on DLT belongings.
Damex can also be making ready for the rising regulatory implications on the cryptocurrency business. Damex has established a stable fame for itself, obtained a extremely sought-after Gibraltar DLT license, and is topic to Guernsey Monetary Companies Fee (GFSC) regulation.