Dynamic ETF platform HORD has today announced a public sale of its HORD token through Initial Exchange Offerings (IEO) and also via an Initial DEX Offering (IDO). According to the tech startup, the public will access the HORD token on April 23 through three IEOs, and one IDO.
Notably, the firm will hold two different public sales one from a centralized exchange while the other on a decentralized platform to ensure a fair playing field for all. “It is essential to provide equal participation options to all future HORD investors. To achieve this goal, the Hord team will organize a triple initial exchange offering (IEO) on Kucoin, Gate, and Flybit. Furthermore, there will be a simultaneous initial DEX offering (IDO) on Uniswap,” HORD noted in a press release.
All of the chosen exchanges are strategically presented, particularly in considerations of the geographical positioning of various crypto markets. On one hand, Kucoin, Gate.io, and flybit will help HORD venture into the greater Asian market. On the other hand, Uniswap DEX will help bring decentralized liquidity to the HORD trading volume.
Anyone interested in the HORD token is mandated to certain parameters. Including them, one must have a registered account at either of the listed exchanges. Two, one must have enough funds to facilitate the purchase. “Interested participants can register an account at the exchange of their choice, ensure their account holds enough funds to buy tokens, and partake in the token sale on April 23, 2021, at 10:00 a.m. UTC. For those who will trade via Uniswap, ensure your Web 3.0-enabled ERC20 wallet has a sufficient ETH balance to cover the investment and associated transaction costs,” Hord explained.
Notably, HORD is a social decentralized financial platform that is built on the Ethereum blockchain. The platform enables experienced and successful traders to monetize their skills and they help novice traders monetize the ongoing bull market.
As a dynamic ETF provider, HORD provides tools to help asset managers, influencers, and high-performing traders to manage their portfolios. According to the platform, anyone can create and update a public portfolio with features like initial deposit, public token picks, and also the weight of each token.
HORD has provided liquidity to the portfolio-mirroring token as a means to help users liquidate their positions at different and any time.