Zentachain - CHAIN Trade Launched

Zentachain Tech Apr 22, 2024 5 min read

The eagerly anticipated moment has finally arrived, and it is with immense excitement that we share this significant milestone with you. Today stands as a landmark in Zentachain's history as we reveal our planned Initial DEX Offering (IDO) for the $CHAIN token. This event goes beyond a mere milestone; it represents a celebration of the enduring trust and unwavering support that you, our valued community, have generously extended throughout our journey.

We are thrilled to announce that the trade has now officially started! Please be aware that the allocation of $CHAIN tokens will operate on a first-come, first-served basis. This ensures a fair and transparent process for all participants eager to be a part of this exciting venture. Act swiftly to secure your tokens, as this is an opportunity to be part of our future successes as we continue to grow and innovate.

CHAIN

The IDO will commence on our proprietary Zentachain platform, symbolizing our deep appreciation for those who have supported us from the outset. This phase will enable our loyal community members to acquire CHAIN tokens at a significantly reduced rate compared to later stages. This favorable pricing is our way of expressing gratitude towards those who have believed in our vision right from the start. For access to this exclusive launch, participants can visit Zentachain's Trade Dashboard.

In this initial phase, the terms of the trade are carefully structured to ensure fairness and to maximize participation among our supporters. We have set a hard cap for this phase at 50 ETH to maintain exclusivity and manage the distribution effectively. Individual contributions are capped at a minimum of 0.1 ETH and a maximum of 1.0 ETH, allowing a broad range of investors to participate without the risk of a single entity dominating the sale.

Parameters:

Min Investment: 0.1 ETH, enabling wide participation.
Max Investment: 1.0 ETH, designed to prevent oversubscription by any single investor.
Hard Cap: 50.0 ETH, ensuring a limited supply during this exclusive phase.
Raised: As the trade progresses, it will regularly update the dashboard to reflect the amount of ETH raised.
Status: The dashboard will also track the number of CHAIN tokens exchanged, providing transparency and real-time feedback on the trade's progress.
Percentage: Participants will be able to view how much of the ETH has been spent in relation to the hard cap.
Trade: Real-time updates on the amount of CHAIN tokens each participant has successfully traded will be displayed.
Price: The exact pricing per CHAIN token will be prominently displayed on the dashboard, ensuring that all participants are informed of the investment cost upfront.

As the IDO progresses, our platform will provide continuous connectivity and updates, ensuring participants can monitor their trades and the overall success of the token trade in real-time. This level of transparency is crucial in maintaining trust within our community and ensuring a smooth and equitable IDO process.

We encourage all interested participants to prepare for the IDO by ensuring they are connected and familiar with the Zentachain Trade Dashboard functionalities. This is not just a token trade; it's an opportunity to be part of Zentachain's future and to benefit from our growth as we continue to innovate in the field of decentralized communication.

Unlock

Tokens purchased from the Trade-Hub during the IDO will be subject to a lock-up period and will remain inaccessible until the Fjord Foundry Pool closes. As a holder of CHAIN tokens, there is no action required on your part during this period. Once the Fjord Foundry pool period concludes, the CHAIN tokens will automatically be dropped into your wallet.

Please note, after completing your purchase on the Trade-Hub, you will not be able to transfer or trade your CHAIN tokens until they are officially unlocked and distributed to your wallet. This process ensures a fair and orderly distribution of tokens post-IDO.

Fjord Foundry

Following our initial community-focused launch, we are set to extend the reach of the CHAIN token by introducing it on the Fjord Foundry platform. This move marks the start of our campaign to engage a broader audience and solidify our market presence. As we expand, the pricing of the CHAIN tokens will be strategically adjusted to reflect their enhanced market reach and the deepening value they bring to our new and existing participants.

Those involved in this next phase will find significant opportunities for rewards and staking, which are designed to provide substantial benefits and enhance the investment potential of the CHAIN token. This stage is not only about growth in numbers but also about enhancing the value and utility of each token held by making CHAIN network more decentralized, promising a robust future for all participants.

Conclusion

As we move forward with the CHAIN token IDO, our focus remains sharply on the opportunities this offers to you, our investors. The market conditions are favorable, and we are on schedule with our listing efforts.

We are nearing a crucial phase where detailed updates will be forthcoming, providing clarity and actionable information to enhance your investment decisions. The setup is designed to ensure that everyone involved can leverage the anticipated market response post-IDO.

As we advance through the stages of the IDO, staying informed is crucial. Active engagement allows you to fully capitalize on the unfolding opportunities. We are committed to transparency and will provide comprehensive updates to help you make the most of this venture. We appreciate your trust and involvement as we proceed with this exciting initiative.

Look forward to insightful updates soon, and thank you for your continued support. Once the IDO is complete, 80% funds raised will be moved to the Fjord Foundry platform as part of reaching our main hard-cap goal and 20% for Marketing. This strategic move is designed to enhance our market presence and further support the growth and stability of the $CHAIN token.