Official CardWallet IDO Results
“When you reach for the stars you may not quite get one, but you won’t come up with a handful of mud either.” — Leo Burnett
We are still in disbelief at the performance of our IDO on the OccamRazer platform. In just 30 minutes, the soft-cap was smashed, and in under 1 hour and 37 minutes, we reached our hard-cap.
Exactly 2,777,778 CardWallet tokens were sold for the total amount of 78.88 Eth, representing a total of 354 participants. UniSwap listing was planned for after the official end of the IDO 48 hours later. In just a few hours from listing, the trading volume exceeded US$1.5 million.
We, the CardWallet team, reached for the stars and managed to grab one! Reaching the hard-cap was exhilarating, however, we were humbled at the sheer amount of interest demonstrated in our project.
The days leading up to our IDO suggested CardWallet was likely to be the most anticipated project to hit the Occam launchpad. Words are easy, but on Monday the 16th of 2021, our confidence in our product design and vision became reinforced.
We are now more motivated than ever to pursue our path in delivering a next-generation crypto wallet that will cater to the third generation of blockchain technology, and DeFi, soon to come with the upcoming Cardano Alonzo hard-fork.
Tiago Serôdio, CEO and co-founder of CardWallet, said:
“Having seen many token sales from the other side, only when being on this side of the mirror do you feel the weight expectation has. The months leading up to the IDO were intense, and one never has the real 360º vision of the perception the Community has about CardWallet. Now, we move forward fiercely and adamantly motivated to raise the bar to set a new standard for crypto wallets.”
Victoria Vaughan, COO and co-founder of CardWallet, said:
“Operationally, the CardWallet IDO was flawlessly executed by both our team and the OccamRazer team. While I’m obviously immensely proud of our rapid sell out sale, I am not surprised — we are building one of the most comprehensive non-custodial wallets for the Cardano ecosystem, and our value proposition is clear. Our hugely successful IDO and strong secondary market trading are testament to our position in the market.”
About CardWallet
CardWallet is a non-custodial wallet solution built for the Cardano blockchain and several other protocols, incubated by the Occam Association. With out-of-the-box support for Cardano native tokens and Visa, Mastercard, and ApplePay fiat on-ramps, CardWallet is expected to rapidly become a major wallet provider for the entire crypto ecosystem. CardWallet’s strategic and technical partners already include Scalable Solutions, Simplex, Occam.fi, Nodeseeds and Crypto Dorm Fund. Learn more at CardWallet’s website.
Follow CardWallet’s social media channels to stay up to date with the latest news:
- Twitter — https://twitter.com/CardWallet_fi
- Telegram — https://t.me/cardwallet
- Medium — https://medium.com/cardwallet
- LinkedIn — https://www.linkedin.com/company/cardwallet
