AlgoCellar x AlgoDAO: IDO Partnership

AlgoDAO
2 min readNov 10, 2022

--

AlgoDAO is very excited to announce their IDO partnership with AlgoCellar; a comprehensive asset management protocol built on Algorand. The team has been working closely with AlgoCellar on their IDO strategy and it is finally time to launch.

Heads up pilots! This protocol has been finely tuned and custom built for the Algorand ecosystem with a fair launch strategy in place to put all circulating tokens straight into the hands of community members.

Put the ship on auto pilot and prepare for mission data, $ALCE is loaded for deployment!

About AlgoCellar

Built by Memento Blockchain, and powered by the DOMANI DAO, AlgoCellar is an oracle-minimized asset management protocol on Algorand. AlgoCellar has recently completed a successful and well-adopted testnet that launched on the 8th of June 22.

Testnet has remained operational for users to try before mainnet launch shortly, check it out here.

AlgoCellar is a decentralized token management platform that allows users to tokenize, manage and monetize investment strategies simply, efficiently, and with minimized oracle dependencies.

Through AlgoCellar anyone can mint, trade, redeem and provide liquidity on non-custodial oracle-less tokenized portfolios.

$ALCE is going to be AlgoCellar’s native utility token, serving as an incentive for fund managers to correctly rebalance the tokenized fund and for users to earn yields on minting / burning of tokenized funds.

Due Diligence Report

Read the full due diligence report here

IDO Details

Registration for AlgoCellar IDO will open on the 22nd on November 2022.
A comprehensive walkthrough of how to participate will be released in the coming days. Mark the date down in your calendar. This is an IDO built for the community that you do not want to miss!

Telegram group: https://t.me/AlgoDAOCommunity

Telegram announcements: https://t.me/AlgoDAOAnnouncement

Twitter: https://twitter.com/AlgoDAO_fi

Discord: https://discord.gg/algodao

Medium: https://medium.com/@AlgoDAO.fi

LinkedIn: https://www.linkedin.com/company/algodao-fi

--

--