ENNO Cash Token Sale starts with Purchasing Tickets
The sale date for $ENNO Cash tokens is confirmed for 28/10/2021 and the sale will end on 29/10/2021. $ENNO Cash’s price is going to be 1 USD during the sale, however, you need to purchase tickets to buy $ENNO Cash from its original price.
Why Ticket Sale is needed?
A ticket Sale is needed to give chance everybody to have $ENNO Cash. It is the only way to manage the supply of 850.000 tokens against the demand for more and prevent a whale to get all of the tokens and get the highest benefit from the market even before it begins. We think such a situation is not fair for all of us.
The ticket sale will guarantee that $ENNO Cash will be distributed evenly with luck! like a lottery.
✅ You may have as many tickets as you want, there is no limit
What is the SWOP token?
SWOP is a governance token of Swop.fi. SWOP tokens are required for the governance of everything -like the ticket system- in the system.
That’s why you need SWOP tokens and stake them to get ticket allocation for the $ENNO Cash Token Sale
Why do I need to stake SWOP to get a ticket allocation?
Enno Wallet makes its token launch partnered with Swop.fi.
It wouldn’t be possible to have this ticket system and the launch without Swop.fi, that’s why you need to stake SWOP tokens to get ticket allocation.
Swop.fi Launchpad is designed to raise funding for projects that have issued a token on the Waves blockchain. Investors get early access to participate and buy the project token at an initial price, which can increase significantly as the project develops.
How much is the ticket price?
For each 0.2 $SWOP in staking entitles you to buy 1 (one) ticket worth 10 USDN + 0.5 USDN Launchpad commission.
How may I buy tickets?
1. Get SWOP
Go to your Enno Wallet, tap to Invest menu item from the top menu, scroll down to Swop.fi section, and tap the Exchange button.
You may exchange your WAVES coins, USDN, or NSBT tokens to get SWOP tokens.
2. Stake Swop
Go to your Enno Wallet, tap to Invest menu item from the top menu, scroll down to Swop.fi section, and tap the button which shows APY.
Select the amount of SWOP you woıuld like to stake. Confirm your consent and tap the big green Stake button at the bottom.
Every 0.2 SWOP you stake will give you 1 Ticket allocation.
3. Buy Tickets
Go to your Enno Wallet, tap to Invest menu item from the top menu, tap the See Details button in the Token Launch section. Tap the Buy Tickets tab and complete your purchase.
You may buy 1 ticket for 10 USDN + 0.5 USDN fee.
$ENNO Cash IDO Details
- IDO tokens for sale: 850.000 $ENNO Cash tokens
Including:
Sale for SWOP members: 800,000 $ENNO Cash
First promotion campaign: 25,000 $ENNO Cash
Second promotion campaign: 25,000 $ENNO Cash - IDO price: $1 USDN/$ENNO Cash
- Planned to raise: 850.000 USDN
Schedule
Ticket Sale opens: 28/10/2021, Thursday, 15:00 CET
Sale closes: 29/10/2021, Friday, 12:00 CET
$ENNO Cash / USDN pool generation event: 29/10/2021, Friday, 12:00–12:30 CET
Early-Bird $ENNO Cash unlocking period: Starts from 29/10/2021, Friday 12:30–13:00 CET
IDO Investors $ENNO Cash tokens claiming period: Starts from 29/10/2021, Friday 13:00–13:30 CET
VC, Institutional Investors & Strategic Partners $ENNO Cash tokens unlocking period: Starts from 29/10/2021, Friday 13:30–14:00 CET
The $ENNO Cash IDO will last less than 1 day only. $Enno Cash/USDN pool will be available after the sale is closed.
