KICK.IO, a Cardano-based fundraising platform created to leverage DeFi innovations, is happy to announce it will be holding its public sale on ExMarkets.
As per the announcement, KICK.IO will be holding its public sale on ExMarkets, a decentralized exchange, on September 16. Notably, institutional and retail investors already oversubscribed the platform in anticipation of the public sale. Currently, the project has a hard cap of $22,680,000.
The public sale will be held in two phases. In the first phase of the public sale, KICK.IO plans to sell 24,500,000 tokens, with each selling at $0.22. In the second phase, the platform plans to sell 14,000,000 tokens at $0.26 per token.
KICK.IO, the Cardano-based non-custodial fundraising platform, reportedly provides transparent, efficient, and fully decentralized crowdfunding services. In addition, KICK.IO offers full support of Cardano native tokens. By design, the platform is created with advanced DeFi tools needed to push DeFi to the next level. Furthermore, the platform was created to help the project cost-effectively conduct timely fundraising while offering credibility and legitimacy to others in its ecosystem.
Reportedly, the KICK.IO hopes the project will mature into a strong pillar for the upcoming Cardano-dominated DeFi landscape. To accomplish this, the project’s next-generation launchpad will be created according to the best DeFi industry practices. This will ensure real-time settlement, interoperation, top-notch security, and zero counterparty risks, among many other advantages.
KICK.IO whitepaper reads in part:
“A philosophy of decentralization governs everything we do — funds raised are distributed directly to projects, tokens purchased are sent directly to the personal wallets of users without burdensome checks or unnecessary delay. We also take financial sustainability and inclusion seriously, working diligently to ensure that our efforts benefit all stakeholders, helping to evolve the reputation and maturity of the DeFi industry.”
KICK.IO seeks to ensure cost-effective and timely fundraising for projects, lending legitimacy and credibility to their future success. All projects will be vetted by well-informed investors.
Notably, the project promises to provide users with stalking functionality and up to 5% additional return on all endorsed projects. Just recently, ExMarkets successfully help the public sales for ADAX and YaySwap, among many others.