Cadalabs team wishes to personally thank everyone most especially users who contributed in the just concluded CALA token phase 1 pre-sale and our amazing community support, especially on Telegram, Twitter & Medium has been incredible and we are excited to share these announcements to demonstrate we will continue to earn the trust you have placed in us.
Token Distribution Begins November 1st, 2021
The team is scheduled to commence the token distribution exercise on Monday, November 1st, 2021. CALA tokens will be distributed in batches to CALA tokens phase 1 pre-sale contributors. The majority of the tokens will be distributed within the first days and the rest distributed before the end of phase 2 pre-sale.
Accessing Your CALA Tokens
CALA tokens conform to the Cardano network standard. This enables them to integrate with many existing wallets and exchanges. All Cardano wallets have a similar process for adding Cardano native tokens. your CALA tokens should appear in your Cardano wallet immediately after distribution.
Phase 2 CALA Tokens Pre-Sale Procedure
Cadalabs will be having a total of 10 million CALA tokens available for sale at this phase at a very affordable 0.25 ADA per token rate. The minimum token you can purchase is 300 ADA and the maximum token that can be purchased is 15000 ADA.
This is to allow everyone to actively participate in Cadalabs token at this Pre Sale phase before it gets on Exchanges after the pre-sale. In addition to this, there will be extra bonus reward for tokens bought at each stage. The Pre-Sale phase II has a bonus of 5% for three days starting from Nov 1 to Nov 3.
Cadalabs is also set to launch its Cadalabs NFT Marketplace by the end of the pre-sale exercise to show the community a working business plan.
CALA Token Distribution
Total Supply: 100 Million CALA Tokens
CALA tokens will be used across our ecosystem to facilitate our platform and boost engagement by creators and buyers & sellers.
PRIVATE SALE: 10 Million CALA Tokens WILL be allocated to Venture Capitalists and Long Term Investors.
PRE SALE: 25 Million CALA Tokens will be sold to Early Buyers.
PUBLIC SALE: 50 Million CALA Tokens will be sold on Major Exchanges.
YIELD FARMING & ECOSYSTEM FUNDS: 15 Million CALA Tokens will be reserved for Staking, Yield Farming and Ecosystem Development.
How To Participate Phase 2 – Presale Of CALA Tokens
CALA Token Presale is ongoing for interested investors and members of the public to purchase and become early Adopters: https://cadalabs.io/presale/
CADALABS Protocol is the first community-driven NFT platform building a NFT Minting Dapp on the Cardano Network to enable digital artwork collectors mint their works as NFTs and connect them to sellers to trade seamlessly in the future.
CADALABS team developed its utility token dubbed $CALA Token, which enables the community to take part in governance issues. Besides, by holding the CALA token, users can moderate creators, vote on proposals, stake their tokens to earn and curate featured artwork.
Cadalabs has further plans to support DeFi (decentralized finance) projects as well as enterprise applications through grants, swaps and other forms of investments.