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Place/Date: - April 12th, 2021 at 12:12 pm UTC · 3 min read
Raze Network, a Substrate-based cross-chain privacy protocol for the Polkadot ecosystem, is set to launch its Initial DEX Offering (IDO). Starting today, on April 12, the public fundraising will take place on Bounce, Poolz, and DuckStarter, followed by a public distribution sale on Balancer Liquidity Bootstrapping Pool.
The upcoming IDO caps off a private sale round that was participated by prominent blockchain and crypto VC firms such as Master Ventures, X21 Digital, AU21 Capital, Spark Digital Capital, Signum Capital, AngelONE, Kyros Ventures, MarketAcross, Arpa Labs, Lotus Capital, Tenzor Capital, and Block Dream Fund.
Raze Network Confirms Launch Date of its Triple IDO
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Raze Network is releasing its $RAZE token from April 12. It’s among the notable token listings on the booming Polkadot blockchain.
The burgeoning Polkadot ecosystem is getting closer to yet another milestone as Raze Network has shared the details of its upcoming “initial DEX offering” (IDO). It will be the first offering of this type for a Polkadot-based cross-chain privacy protocol.
The triple DEX offering of Raze governance token, aka $RAZE, will be hosted by Bounce, Poolz and DuckStarter (April 12–13). Raze utility tokens will be among the notable IDOs for these platforms that pioneer the usage of cross-chain pools in decentralized fundraising.
Raze Network is getting ready to allocate around 960,000 tokens. The native tokens named $RAZE will be up for sale through IDO platforms, and it will have a launch prize of $0.25.