• Press Releases
    • Submit a press release
    • Read All
  • Advertise
  • Contact us
Crypto.com Logo Crypto.com Logo
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Press releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
    • Monero Price
    • MimbleWimbleCoin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Btcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Play Games
  • BET&WIN
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Press releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
    • Monero Price
    • MimbleWimbleCoin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Btcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Play Games
  • BET&WIN
Bitcoinist.com
No Result
View All Result
DeSpace
Nexo

DeSpace Protocol IDO Launch Set for September 20, 2021

Bitcoinist by Bitcoinist
8 months ago
in Press releases
0

Fast-rising blockchain platform DeSpace Protocol is set to hold its highly anticipated IDO from September 20 to September 21 2021. The DeFi and NFT hub revealed this information in its Medium channel and noted key details about the IDO event.

DeSpace Protocol IDO will be held across three IDO launchpad platforms: DuckDAO.io, A2DAO.io and Poolz.finance. Interested participants will have to register for whitelisting, and applicants will be selected via a whitelist lottery.

5 BTC + 300 Free Spins for new players & 15 BTC + 35.000 Free Spins every month, only at mBitcasino. Play Now!

Successful applicants will be able to purchase DeSpace Protocol native token DES at the best available price. DeSpace Protocol has allocated a total of 781,251 DES tokens for the IDO at a price of $0.32 per token. Additionally, 50% of the token allocation will be unlocked after the IDO event, while the remaining 50% will be unlocked after one month.

The Next Generation Hub for DeFi and NFTs

DeSpace Protocol is an innovative platform that provides users with advanced DeFi and NFT functionalities. It combines a suite of DeFi and NFT services aggregated from the crypto space within a single web interface.

Users can easily connect and transact on multiple DeFi and NFT protocols by using the intuitive and user-friendly interface on DeSpace Protocol. All these are made possible using DeChain, a Layer-2 blockchain solution that connects different chains and allows easy transactions across multiple bridges.

BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner?
Get 110 USDT Futures Bonus for FREE!

DeChain combines Delegated Proof of Stake and Decentralized Proof of Transaction (DPoTS) consensus methods to provide security, speed and high throughput. This allows DeSpace Protocol to be highly scalable while maintaining low transaction fees within its ecosystem.

Key Features

DeSpace Protocol has developed a few features that allow users to engage in DeFi and NFTs easily. The key features include the NFT and DeFi aggregators, NFTPad, DeSwap and DeLend

DeSpace integrates NFT and DeFi aggregators that enable users to trade NFTs from major marketplaces and access diverse DeFi services from a single interface. The cross-chain interoperability makes it easy for users to explore and select the best protocols to place their capital or investments. In addition, there are no extra fees for using DeSpace aggregators, and the inbuilt reward system means that users earn every time they use the platform.

DeSwap is the native decentralized exchange on DeSpace and allows users to swap tokens quickly.

The DEX has some of the lowest fees in the DeFi space and offers fast trades with low slippages. Liquidity providers can deposit LP tokens, receive competitive returns on their capitals, and take part in yield farming activities.

DeLend is a powerful decentralized lending platform that allows anyone to stake DES or other supported collateral in exchange for rewards in stablecoins. DeLend also has dynamic interest rates that encourage lending when demand is high and borrowing when demand is low.

NFTPad is the dedicated NFT platform where anyone can mint, mine and win DeSpace NFTs in a gamified system. NFT craters can trade on DeSpace’s NFT auction marketplace and earn different rewards. Users can also unlock extra rewards by staking DeSpace NFTs or combine them to unlock rare and valuable NFT items.

Users are incentivized with DES tokens for performing transactions on DeSpace Protocol. DES token also unlocks several utilities and serves as the governance token where hodlers can vote on certain proposals that affect the operations of DeSpace Protocol

Future developments on DeSpace Protocol

DeSpace has revealed that once the IDO is completed, it will launch the first version of its dApp. This is expected to occur within Q4 2021 and will enable users to explore the full suite of its DeFi and NFT products.

The DeSpace team is led by CEO Francis Ifegwu and consists of top stakeholders in the blockchain industry. Other key members include Micky I, Evgeniy Tretyakov and Isak Saryieu. The IDO launch promises to be a significant milestone for the project and kickstart a new era for the DeSpace ecosystem.

You can learn more about DeSpace by visiting the following links?

DeSpace website: https://despace.io/
Medium Page: https://despaceprotocol.medium.com/
Twitter: https://twitter.com/DeSpaceDefi

 

 

ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Bitcoinist

Bitcoinist

Bitcoinist is the ultimate news and review site for the crypto currency community!

Related Posts

FIREPIN Token (FRPN), Avalanche (AVAX), and Maker (MKR): 3 Coins to Watch Out for in 2023.

FIREPIN Token (FRPN), Avalanche (AVAX), and Maker (MKR): 3 Coins to Watch Out for in 2023.

2 hours ago
BoostX: The easiest gateway to the best Presales

BoostX: The easiest gateway to the best Presales

2 hours ago
LBank Exchange Will List GameFantasyToken (GFT) on May 19, 2022

LBank Exchange Will List GameFantasyToken (GFT) on May 19, 2022

2 hours ago
LBank Weekly Listing Report, 16th May 2022

LBank Weekly Listing Report, 16th May 2022

6 hours ago
Haechi (HAC) Is Now Available for Trading on LBank Exchange

Haechi (HAC) Is Now Available for Trading on LBank Exchange

7 hours ago
Elia Coin (ELC) Is Now Available for Trading on LBank Exchange

Elia Coin (ELC) Is Now Available for Trading on LBank Exchange

7 hours ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS
  • NAGA

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

Pages

  • Contact us
  • Editorial Policy
  • Advertise
  • Crypto Prices from Nomics
© 2022 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Press releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
    • Monero Price
    • MimbleWimbleCoin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Btcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Play Games
  • BET&WIN

© 2021 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.