Hey EmiSwappers, here’s what happened!
The EmiSwap AMM DEX, as of June 2, 2021, at 7 AM EST, completed the private venture round! With amazing support from a diverse group of stakeholders;
We garnered $1,725,000 (One Million Seven Hundred And Twenty-Five Thousand Dollars) and we were humbled to have had a 6X overbooked whitelist.
The potential of the EmiDAO ecosystem, the usability, functionality, and finesse of the DEX, our 10X LP rewards, future vision, gas fee refunds, NFT Magic Cards liquidity campaign, compatibility, and the relevance of $ESW as a utility governance token that earns holders 0.05% of the daily trading volume of the DEX, were all contributors to the success of this round and hopefully future ones as well.
The token metrics for the private round are 6% of the total 200 million: 12 million $ESW at $0.115, Instantly 30%, and then 70% are vested for 9 months with quarterly equal distribution. Check out our Tokenomics update!
EmiSwap is the first project of the EmiDAO alliance and its members are actively involved in managing and supporting the product. The EmiDAO alliance and advisory board include investors focused on emerging blockchain companies like:
- Alpha Sigma Capital: a top cryptocurrency exchange by trading volume and liquidity,
- DigiFinex Exchange: an exchange with 2.1 million global users and over 300 cryptocurrencies listed,
- Bitmart Exchange: the first decentralized financial project that distributes all its revenue among stakeholders,
- Emirex Exchange: an all-in-one open-source white-label exchange solution that enables anyone to run a complete crypto trading platform,
- HollaEx Exchange: a Hong Kong-based cryptocurrency exchange and financial services company working in areas including media, social, mining, digital asset management, markets and research,
- IDCM Exchange: an exchange harnessing the power of blockchain and financial innovation,
- Everest Group: a global banking platform that is integrating its services of eKYC, AML, whitelist-as-a-service, and fiat-in/out ramps.
EmiSwap did not opt for a typical investment strategy that focuses on attracting some big names instead of real value that investors bring alongside. We’ve decided to choose the strategy of distribution of power and allocating to strategic private investors — ExNetwork Fund, Constantin Kogan, Co-Founder at BullPerks, Partner at BitBull Capital, Inclusion Crypto Fund and more; community leaders like Hermes Asian Community; and influencers like Carl Moon, Boxmining and others as well as liquidity providers who are bringing their expertise and network to help us to do the rocket launch and keep making sustainable success in a long run.
EmiSwap would like to thank everyone who took part, and we hope to see you again for the launchpad sales, which will be announced shortly! Stay tuned:
Website — https://about.emiswap.com/
DEX — https://emiswap.com/#/swap
Wiki — https://wiki.emiswap.com
White Paper — https://about.emiswap.com/whitepaper
Twitter — https://twitter.com/emiswap
Telegram channel — https://t.me/emiswap_announcementl
Telegram chat — https://t.me/EmiSwap_Official
Medium — https://emiswap.medium.com
Github — https://github.com/EMISWAP-COM/
