Introducing SpinADA : First IDO on Cardence platfrom
Hi Guys
We are super excited to announce our first IDO on Cardence launchpad. If you think that privacy is a fundamental right and that it is the call of the hour to create a more anonymous ecosystem around transactions , if you believe that Cardano is the way forward, then SpinADA is for you.
Check out SpinADA and see how it secures your privacy by making your transactions anonymous.
How SpinADA lets you preserve your privacy?
Now Anonymous transactions will be possible on Cardano blockchain. SpinADA breaks the on-chain link between senders and receivers of Cardano native tokens on the blockchain. This gives complete privacy and security in a completely decentralized manner.
It uses a Zero Knowledge proof protocol known as zk-SNARK , developed by the good fellows at Zcash, to ensure secure anonymous transactions of Cardano assets on the blockchain. It uses a Smart contract which accepts Cardano tokens and then allows anyone with a proof of knowledge to withdraw those tokens through the use of Cryptographic key notes.
When a sender submits a transaction, he receives a Key Note and a corresponding hash is received by the Smart contract. When a withdrawer furnishes the right Key note, it is matched with the hash to output the corresponding submitted tokens.
SpinADA.Cash — IDO Details ( Public Round )
- Token: $SPIN
- Price Per Token: 0.00004 BNB per token
- Number of Tokens: 20,000,000 $SPIN
- Accepted Currency: BNB
- Total raise in Public Sale: 800 BNB
SpinADA.cash — IDO Timeline
- IDO launchpad Upcoming : Oct 2, 2021
- Allocation Screenshot : Oct 15, 2021
- Sale Start: Oct 18, 2021– 4:00:00 PM UTC
- Distribution & Listing : Oct 24, 2021–4:00:00 PM UTC
A separate announcement will be made for a Private round. Only i-Club members will be able to participate in the private round.
Details of how allocation will happen will be announced soon.
Please join the SpinADA telegram group to remain updated.
A series of articles will come soon explaining details of IDO procedure like allocation calculation and other details.
Stay Tuned.