• Latest
  • Trending
  • All
Collective Finance to Launch Its Public Tokens Sale on Binance Smart Chain

Collective Finance to Launch Its Public Tokens Sale on Binance Smart Chain

March 17, 2023
Crypto Mining Platform Bitdeer Moves Step Closer to Nasdaq SPAC Listing

Crypto Mining Platform Bitdeer Moves Step Closer to Nasdaq SPAC Listing

March 29, 2023
Top Trader Says Shiba Inu (SHIB), Dogecoin (DOGE) and One Additional Memecoin Will Run Hard on Next Bitcoin Bounce

Top Trader Says Shiba Inu (SHIB), Dogecoin (DOGE) and One Additional Memecoin Will Run Hard on Next Bitcoin Bounce

March 29, 2023
Lido Unveils Plans to Facilitate NFT Unstaking Using ETH Withdrawal Requests

Lido Unveils Plans to Facilitate NFT Unstaking Using ETH Withdrawal Requests

March 29, 2023
CFTC Says Bitcoin, Ethereum and Litecoin Are Commodities in Lawsuit Against Binance and CEO Changpeng Zhao

CFTC Says Bitcoin, Ethereum and Litecoin Are Commodities in Lawsuit Against Binance and CEO Changpeng Zhao

March 29, 2023
Apollon (XAP) Rises 4.34%, Outperforms the Crypto Market Wednesday

Apollon (XAP) Rises 4.34%, Outperforms the Crypto Market Wednesday

March 29, 2023
Biden Administration’s Crypto Actions Will Have Election Consequences, According to ARK Invest’s Cathie Wood

Biden Administration’s Crypto Actions Will Have Election Consequences, According to ARK Invest’s Cathie Wood

March 29, 2023
This Chart Says Bitcoin Is A Leading Indicator For Inflation

This Chart Says Bitcoin Is A Leading Indicator For Inflation

March 29, 2023
Nova Finance seeks to make DeFi accessible to every investor through automation and education

Nova Finance seeks to make DeFi accessible to every investor through automation and education

March 29, 2023
Bitcoin Miner Stronghold Raises Year-End Hashrate Guidance to 4 EH/s

Bitcoin Miner Stronghold Raises Year-End Hashrate Guidance to 4 EH/s

March 29, 2023
Why Bitcoin, Ethereum, and Dogecoin Are Rising Today

Why Bitcoin, Ethereum, and Dogecoin Are Rising Today

March 29, 2023
Mainnet Shapella Announcement | Ethereum Foundation Blog

Mainnet Shapella Announcement | Ethereum Foundation Blog

March 29, 2023
Less Than 400 Days Until Block Reward Subsidy Is Cut in Half – Blockchain Bitcoin News

Less Than 400 Days Until Block Reward Subsidy Is Cut in Half – Blockchain Bitcoin News

March 29, 2023
Thursday, March 30, 2023
DLT EMPIRE
  • Home
  • Bitcoin
  • Ethereum
  • Blockchain
  • Altcoin
  • Crypto Mining
  • Dogecoin
  • Litecoin
  • Market
No Result
View All Result
DLT EMPIRE
No Result
View All Result
Home Blockchain

Collective Finance to Launch Its Public Tokens Sale on Binance Smart Chain

by Cuevas Antonio
March 17, 2023
in Blockchain
0
Collective Finance to Launch Its Public Tokens Sale on Binance Smart Chain
491
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter


Participation in the Public sale is through the Collective Finance DApp and by navigating to the Presale Tab.

Decentralized Finance (DeFi) protocol Collective Finance has announced plans to launch the public sale of its native token $CLF built on the Binance Smart Chain (BSC) network. As contained in a Press Release shared with Coinspeaker, the public token sale can be accessed with a 10% discount, setting a generally lowered barrier for more encompassing community participation.

The Collective Finance protocol was designed as an innovative outfit that offers access and participation when it comes to investment in multilayered, yield-generating opportunities to provide wide exposure to digitized commodity representations. While it is looking to carve out a niche for itself in today’s fast-growing DeFi world, Collective Finance is optimistic the token sale will help fasttrack its development across the board.

Thus far since its inception, Collective Finance said it has raised a total of $500,000 and that the public sale is an avenue to grant access to more people as it seeks to bring its products to life. The minimum investment to participate in the Public sale is $50 and the cap is pegged at $500,000.

A Presale with a Difference

According to the protocol, its CLF token sale has a marked difference from many in the crypto ecosystem seeing that a liquidity token that can be used to participate in governance activities will also be airdropped alongside the main token. Dubbed the BTCB, the liquidity token is designed to empower its holders to tap into the key riches of the Collective Finance platform.

“Despite massive growth over the last few years, DeFi still trails traditional finance in many respects. In traditional finance, participants can hold and gain exposure to commodities such as gold, silver, and oil, but there are heavy restrictions, high fees, and limited ways to generate additional passive revenue from such investments,” said Collective Finance Crypzom-Zachary, adding that;

“Collective Finance is here to deliver on that front by launching C-Tokens, which represent tradable, asset-backed, over-collateralized commodity with direct yield-earning potential. We can help get the ball rolling by providing widespread access and inclusion to our suite of products and services and our robust DeFi tools so that we can open multi-layered, yield-generating opportunities and provide exposure to digitized commodity representations to as many people as possible.”

Collective Finance to Offer Additional Incentives

Besides gaining access to the liquidity tokens for free, Collective Finance said participants in its Public Token sale will also have the opportunity to mint a Limited Edition Non-Fungible Token (NFT).

To participate in the NFT minting offer, users will need to deposit $1,000 or more in the presale and lock their position within the Collective Finance locked-staking platform in any of the available tiers within seven days. Per the announcement, investors are entitled to 1 Limited Edition NFT per $1000 locked.

Participation in the Public sale is through the Collective Finance DApp and by navigating to the Presale Tab. The CLF and BTCB tokens will be airdropped once the project launches fully in April.

next

Blockchain News, Cryptocurrency news, News

Benjamin Godfrey

Benjamin Godfrey is a blockchain enthusiast and journalists who relish writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desires to educate people about cryptocurrencies inspires his contributions to renowned blockchain based media and sites. Benjamin Godfrey is a lover of sports and agriculture.

Thank you!

You have successfully joined our subscriber list.



Source link

Tags: BinanceChainCollectiveFinanceLaunchPublicSaleSmarttokens
Share196Tweet123Share49
Cuevas Antonio

Cuevas Antonio

  • Trending
  • Comments
  • Latest
Rise of AI-Powered Cheating: Challenges and Solutions for Educators

Rise of AI-Powered Cheating: Challenges and Solutions for Educators

March 20, 2023
Rise of AI-Powered Cheating: Challenges and Solutions for Educators

Rise of AI-Powered Cheating: Challenges and Solutions for Educators

March 19, 2023
ChatGPT is Being Used to Make ‘Quality Scams’

ChatGPT is Being Used to Make ‘Quality Scams’

March 20, 2023
Silicon Valley Bank: Bitcoin investors in panic as market goes sideways

Silicon Valley Bank: Bitcoin investors in panic as market goes sideways

0
24 Crypto Terms You Should Know

24 Crypto Terms You Should Know

0
Bitcoin, Ethereum, Dogecoin Rally As Team Biden Cushions SVB Blow

Bitcoin, Ethereum, Dogecoin Rally As Team Biden Cushions SVB Blow

0
Crypto Mining Platform Bitdeer Moves Step Closer to Nasdaq SPAC Listing

Crypto Mining Platform Bitdeer Moves Step Closer to Nasdaq SPAC Listing

March 29, 2023
Top Trader Says Shiba Inu (SHIB), Dogecoin (DOGE) and One Additional Memecoin Will Run Hard on Next Bitcoin Bounce

Top Trader Says Shiba Inu (SHIB), Dogecoin (DOGE) and One Additional Memecoin Will Run Hard on Next Bitcoin Bounce

March 29, 2023
Lido Unveils Plans to Facilitate NFT Unstaking Using ETH Withdrawal Requests

Lido Unveils Plans to Facilitate NFT Unstaking Using ETH Withdrawal Requests

March 29, 2023

Recent News

Crypto Mining Platform Bitdeer Moves Step Closer to Nasdaq SPAC Listing

Crypto Mining Platform Bitdeer Moves Step Closer to Nasdaq SPAC Listing

March 29, 2023
Top Trader Says Shiba Inu (SHIB), Dogecoin (DOGE) and One Additional Memecoin Will Run Hard on Next Bitcoin Bounce

Top Trader Says Shiba Inu (SHIB), Dogecoin (DOGE) and One Additional Memecoin Will Run Hard on Next Bitcoin Bounce

March 29, 2023

Categories

  • Altcoin
  • Artificial Intelligence
  • Bitcoin
  • Blockchain
  • Business
  • Crypto Mining
  • Cryptocurrencies
  • Culture
  • Dogecoin
  • Education
  • Ethereum
  • Featured
  • Litecoin
  • Market
  • News
  • Uncategorized

Follow Us

Recommended

  • Crypto Mining Platform Bitdeer Moves Step Closer to Nasdaq SPAC Listing
  • Top Trader Says Shiba Inu (SHIB), Dogecoin (DOGE) and One Additional Memecoin Will Run Hard on Next Bitcoin Bounce
  • Lido Unveils Plans to Facilitate NFT Unstaking Using ETH Withdrawal Requests
  • CFTC Says Bitcoin, Ethereum and Litecoin Are Commodities in Lawsuit Against Binance and CEO Changpeng Zhao

© 2023 Dlt Empire | All Rights Reserved

No Result
View All Result
  • Home
  • Bitcoin
  • Ethereum
  • Blockchain
  • Altcoin
  • Crypto Mining
  • Dogecoin
  • Litecoin
  • Market

© 2023 Dlt Empire | All Rights Reserved