Feb 25th, 2022: ILO Updates

Thoughts

  • This new ILO model will only impact ILOs created AFTER the update
  • Users that wanted to participate into ‘hyped’ ILOs but did not have the capital to hold $UNCX or $UNCL can now enter the raises
  • The utility of the $UNCX and $UNCL tokens aren’t being impacted in a negative way, we have additional use cases coming for the tokens, e.g. staking $UNCX to yield $USDC and $UNCL (article here)

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UniCrypt Network

UniCrypt Network

Multi-chain decentralized services provider — Built from the ground, permanently ignoring market conditions and delivering disruption.