Cadalabs project announces the pre-sale of the CALA token

Cadalabs Protocols is pleased to announce the completion of the US $ 1 million private sale round.

Its traditional solution makes it easy to integrate non-fungible tokens and NFT markets into any application.

“We are grateful for the confidence shown by our many visionary investors Cadalabs. We have been able to leverage your wealth of talents and investments for insights, presentations and advice that continue to help us perform at breakneck speed in growing our community through NFT and in building our roadmap.

What is the Cadalabs protocol?

CADALABS Protocol is the first community-driven NFT platform to create an NFT Minting Dapp on the Cardano network to enable digital art collectors to coin their works as NFTs and connect them with sellers to trade seamlessly in the future.

CADALABS team has developed its own utility token called $ CALA Token, which allows the community to participate in governance issues. Additionally, by holding the CALA token, users can cararate creators, vote for submissions, target their tokens to win, and select featured artwork.

Purpose of the $ CALA token

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$ CALA token will be used for the following:

Make transactions on the NFT platform.

Governance maintenance: decisions to integrate new protocols, modify pool parameters, modify risk parameters, etc.

Agricultural production through the stakeout platform.

Pay per profile check: Since the platform is decentralized, how is it mitigated? A manual verification has been added in which due diligence is performed on the user before applying the blue check mark.

Aim for the CALA token to rank higher in our AI and smart ranking engine

Buy advertising space on our NFT platform

Also read Why is volume important in cryptocurrency trading?

CALA token distribution

CALA token is already minted in the Cardano and has a total supply of 100 million CALA tokens to be distributed below;

Private sale: 10 million CALA tokens will be sold to venture capitalists and long-term investors.

Presale: 25 million CALA tokens will be sold at 0.05 ADA per CALA token to early investors.

Public sale: 50 million CALA tokens will be sold at 0.5 ADA per CALA token on major exchanges.

Funds for agriculture and the ecosystem: 15 million CALA tokens will be reserved for the development of stakes, agriculture and ecosystems.

$ CALA Token metrics are structured to capture network participants who share our vision for the long-term success of the project.

deflationary B. urn function

CADALAB will burn 50% of the ecosystem tokens and mining rewards over the next 2 years.

To participate in the Cadalabs token presale, follow the connections.

Social: Twitter, Group, Telegram Channel, Facebook.

Disclaimer

All information on our website is published in good faith and for general information purposes only. Any action taken by the reader on the information found on our website is strictly at your own risk.

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