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Monday, May 23, 2022

dART Announces IDO In Collaboration With BSCPad

This post was originally published on dART

After building the first decentralized NFT-based insurance coverage platform, we are almost ready to launch our token and start protecting the NFT world once and for all. We are very excited to host our IDO through BSCPad, the first decentralized launchpad catering to the Binance Smart Chain (BSC) ecosystem. Considering our platform will be initially launching on BSC and Ethereum, working with BSCPad will allow for a fair and well-funded IDO by backers with a direct stake in the future success of dART, the BSC ecosystem, and BSCPad.

What to Expect

Following our IDO’s completion, dART will start out with an initial market cap of $357,000. Considering the valuation of other decentralized insurance coverage platforms, many valued at hundreds of millions of dollars, we do not expect dART to stay at this valuation for a long time. Once the IDO is complete through BSCPad, dART will be dual listed on Uniswap and PancakeSwap, with more options to follow.

How To Gain Access

BSCPad holds its IDO launches in two rounds, the first is the allocation round, based on users’ stake within the network, and the next round is the ‘FCFS’ round, standing for first come, first serve. If the allocation round doesn’t sell out for some reason, all leftover tokens will move to the FCFS round and be made available to the fastest and most savvy buyers. BSCPad has been the host of some incredible projects recently, with many selling out instantly; we expect their track record to bode well for the launch of dART.

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