The Dua.com token sale will start on November 23rd and will end on December 14th.
The Dua.com token sale is the first sale on the Fundrs platform launched by AllianceBlock in August.
Dua.com already has over 5 million users and wants to offer DeFi services on its platform.
Dua.com token sale ends December 14th
The Dua Foundation has announced the launch of its private token sale on the AllianceBlock Fundrs platform. According to a press release shared with Coinjournal, the foundation has revealed that the token sale will begin on November 23rd at 17:00 CET and will end on December 14th at 17:00 CET.
The foundation added that users who want to participate in the token sale can do so by visiting the Seeker list on the Fundrs and following the step-by-step instructions. guide.
this latest cryptocurrency news The dua foundation is a big one for AllianceBlock as it is the first project to raise funds on the Fundrs platform. Fundrs will launch in August 2022.
Dua.com Brings DeFi Services to Users
The token sale comes after Switzerland-based startup dua AG raised $4 million in Series A funding. The team has revealed that it intends to tokenize millions of users via cryptocurrencies. decentralized finance (DeFi).
According to the dua Foundation, the DUA Utility Token will power the app ecosystem (dua.com and spotted.de). Tokenized experiences create a reward system based on in-app activity and user reputation, allowing end-users to participate and benefit from a fairer economy. The foundation added that its DUA tokens will also be used to purchase in-app subscriptions, which companies can use to promote their products and services to dua’s user base.
Ardit Trikshiqi, Chief Payments Officer of dua.com, said while commenting on this latest development:
“The launch of the DUA token is an innovation in the matchmaking industry. It will allow us to participate in the virtual economy, supported by traditional financial providers such as banks and money transfer providers.”
The dua foundation added that its ecosystem will provide communities without access to traditional financial services an easy way to access and participate in DeFi services directly within the app.
Thanks to the built-in wallet, millions of users have access to on-chain remittances, payments, lending and other services.