OpenOcean announces IDO on Polkastarter
Whitelist will start on Wednesday, 19 May 2021 @ 12:00 PM UTC
May 18, 2021 — We are thrilled to announce that $OOE, the native token of OpenOcean.Finance, is going to launch its Initial Decentralized Offering (IDO) on Polkastarter. We are eager to see your participation and become OpenOcean community members.
OpenOcean is the world’s first DeFi & CeFi full aggregator. OpenOcean finds the best price, no additional fees, and lowest slippage for traders on aggregated DeFi and CeFi by applying a deeply optimized intelligent routing algorithm. Currently, the platform supports trading on Ethereum, Ethereum Layer2, Binance Smart Chain, Tron and Ontology, with Solana and Polkadot coming soon.
Besides the aggregation of swaps, OpenOcean will continue to aggregate derivative, yield, lending, and insurance products and launch its own combined margin products and intelligent wealth management service. OpenOcean also provides API and arbitrage tools for users to do arbitrage transactions automatically.
The vision of OpenOcean is to build a full aggregator for crypto trading that serves as a bridge connecting the isolated islands in the current fragmented DeFi and CeFi markets. Regardless of being small individual investor or large institution, everyone should have the opportunity to trade at the best prices and apply own investment strategies on various crypto asset classes.
OpenOcean has secured investments from high-profile blockchain venture capitalists and has wrapped up successful strategic and private placement financing rounds.
Binance, the world’s biggest cryptocurrency exchange by trading volume, has led a $2 million funding round for full aggregator OpenOcean. Multicoin Capital, CMS Holdings, Kenetic, LD capital and Altonomy are among the strategic investors who are set to offer their expertise and guidance as token issuance is near.
Important information and terms
The whitelist event will start on Wednesday, 19 May 2021 @ 12:00 PM UTC.
- IDO date: TBA
- Offering: 150K USD at 40M USD valuation
- Token price: $0.04 per $OOE token
- Chain: Binance Smart Chain
- Vesting: 20% release on Token Generation Event (TGE), 80% released quarterly over a 2.5 year time period
- Mode: First come, first serve (FCFS)
- KYC: Required accordingly to below criteria
The token price and vesting period are the same as the private placement round which was closed in March 2021.
The IDO date on Polkastarter will be announced soon! Stay tuned to our social media channels for upcoming announcements!
Note:
We reserve the rights to make changes in above information and terms.
KYC criteria
You are not allowed to participate IDO if you are located, incorporated or otherwise established in, or a citizen or resident of: (i) the United States of America, Canada, People’s Republic of China, the Hong Kong Special Administrative Region of the People’s Republic of China, the Republic of Seychelles, Bermuda, Cuba, Crimea and Sevastopol, Iran, Syria, North Korea , Sudan, Albania, Barbados, Botswana, Burkina Faso, Cambodia, Cayman Islands, Democratic People’s Republic of Korea (DPRK), Ghana, Iran, Jamaica, Mauritius, Morocco, Myanmar, Nicaragua, Pakistan, Panama, Senegal, Syria, Uganda,Yemen, Zimbabwe; (ii) any state, country or other jurisdiction that is embargoed by the United States of America; (iii) a jurisdiction where it would be illegal according to Applicable Law for you (by reason of your nationality, domicile, citizenship, residence or otherwise) to participate in the public sale.
About Polkastarter
Polkastarter is the fully decentralized protocol for launching new ideas. Our curation process and industry access enable us to offer the best new projects in blockchain and digital assets.
With Polkastarter, decentralized projects can raise awareness, build a loyal community, and receive long-term support. Users of the platform will be able to participate in a secure and compliant environment, and use assets both in and beyond the current ERC20 standard.
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About OpenOcean
To know more about OpenOcean, please read below article.
See below our official website and social media channels:
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