Following the successful launch of its IdoWallet, Cardano-based launchpad Idowall is announcing the commencement of the presale for its native token, WALL.
The token seed sale round has ended and the presale is now on, with 1.5 million tokens (15%) available for sale. Each token is worth 0.08 ADA and participants can buy a minimum of 100 ADA worth or a maximum of 10,000 ADA worth of WALL. Tokens are sent to buyers’ wallets immediately.
WALL tokens will be used primarily as a utility token to pay for transaction fees and as pairs for trading other tokens on Cardano within the IdoWallet. With the IdoWallet, users can store their private keys, send, receive, and spend digital currency under the Cardano Ecosystem. They can also use it to browse and interact with DeFi applications.
Moreso, anyone holding WALL tokens can stake the tokens to farm and earn more ADA or stake ADA to earn more WALL tokens, all within the WALL-powered wallet.
Created for everyone, the wallet has a simple user interface that even a complete newbie in crypto can use. It was designed for low transaction fees to make it easier for users to transact faster, more freely, and instantly across geographies. IdoWallet users can stake to provide liquidity on the Cardano network and get rewarded for it as well. What’s more? It is a secure wallet armed with Two-Factor Authentication (2FA) and a password to ensure users are safe.
The Idowall platform enables users to manage, research, and quantify their current and future Initial Dex Offerings (IDO’s) and Token Presales in the Cardano Ecosystem. The team is working to list WALL on exchanges by the first quarter of 2022 as well as the launch of its IDOWALL Mainnet.
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