Konomi Network is launching IDO in Polkastarter

Following successful fundraising and to better prepare the money market platform launch, we want to announce that we will be conducting a Community Sale for KONO token, on IDO platform — Polkastarter.

IDO details:

• A total of $200,000 will be raised from the IDO
• 500,000 KONO tokens (0.5% of total supply) will be sold in the IDO
• Sale price will be $0.4 per KONO
• 100,000 USDT worth of tokens is reserved for POLS holders and the remaining 100,000 USDT is for all event participants
• Max cap per person is $330
• IDO will be launched on 16 March (detailed timeline will be announced later)

Presale information:

• Seed round: raised $300,000 at $0.1 per KONO, and 15% of the token will be released at TGE, and the rest will be vesting 15% each quarter;
• Strategic round: raised $1,500,000 at $0.2 per KONO, and 20% of the token will be released at TGE, and the rest will be vesting 20% each quarter;
• Private round: raised $3,200,000 at $0.32 per KONO, and 25% of the token will be released at TGE, and the rest will be vesting 25% each quarter

About Konomi Network

Konomi is a full suite asset management solution for cross-chain crypto assets. Using Substrate as the development framework, the network aims to support more assets in the Polkadot ecosystem. Users could manage their crypto holding positions, trade assets and earn interest through decentralised money market products. Konomi also issues its native network token in order to kick start liquidity and decentralised governance.

Contact Konomi Network

• Telegram: https://t.me/konominetwork
• Twitter: https://twitter.com/KonomiNetwork
• Medium: https://konomi-network.medium.com/
• Official website: https://www.konomi.network