INTERNET CITY, DUBAI, May. 23, 2022 – LBank Exchange, a global digital asset trading platform, will list MegaDAO (MEGADAO) on May 25, 2022. For all users of LBank Exchange, the MEGADAO/USDT trading pair will be officially available for trading at 14:00 (UTC+8) on May 25, 2022.
As a decentralized investment platform based on the DAO, MegaDAO (MEGADAO) invests in projects that are reshaping trillion-dollar markets, including cryptocurrency exchanges, blockchain platforms, metaverse, GameFi, real life blockchain application projects, lottery platform and more. Its native token MEGADAO will be listed on LBank Exchange at 14:00 (UTC+8) on May 25, 2022, to further expand its global reach and help it achieve its vision.
MegaDAO is a decentralized investment platform developed and operated based on the DAO (Decentralized Autonomous Organization) mechanism. The right to coordinate as well as the benefits of business and investment activities belong to the community of MegaDAO token holders.
As a thesis-driven investment company, MegaDAO makes investments in cryptocurrencies, tokens, and blockchain firms that are reshaping trillion-dollar markets. It runs a hedge fund and a venture fund, and also invests in both public and private markets. It has built a reputation as forward-thinking, independent thinker from its inception, and is known for developing groundbreaking token economic models and valuation procedures, as well as challenging long-held assumptions in the crypto community.
MegaDAO is here to incentivize and maximize engagement of all active participants within the Mega ecosystem and attributed projects, partnerships, and networks; provide Governance-as-a-Service (GaaS) and every exhaustible extenuating applicable variant to positively benefit and benevolently service the seamless integration of GaaS into the universally underperforming, ever-expanding DAO space; strategically pursue and decisively execute consequential revenue generation throughout every critical stage of project development and reward all attributing benefactors proportionately to contribution.
As a coordinating and supporting body for the development of decentralized economies, MegaDAO actively and directly takes part in networks as a crypto-native fund with many activities such as staking, keeper operations, liquidations, and more than that. Besides, it’s not only well-versed in cryptographic technology and market structure but it also is hands-on investor who will try its best to help its portfolio company succeed.
About MEGADAO Token
The MEGADAO token has many applications, such as participating in the candidacy for CEO and receiving rewards from DAO Management Rewards, voting for projects to increase investment opportunities from MegaDAO, being used for payment in the ecosystem of projects that MegaDAO invests, powering the MegaDAO Chain platform, and more.
Based on BEP-20, MEGADAO has a total supply of 200 million (i.e. 200,000,000) tokens, of which 14.29% is provided for private sale, 0.95% is provided for liquidity, 14.29% is allocated to the team, 4.76% is allocated to advisors, 9.52% is allocated to strategic partners, 37.14% is provided for the ecosystems fund, and the rest 19.05% is allocated for the DAO management.
MEGADAO will be listed on LBank Exchange at 14:00 (UTC+8) on May 25, 2022, investors who are interested in the MegaDAO investment can easily buy and sell MEGADAO token on LBank Exchange by then. The listing of MEGADAO on LBank Exchange will undoubtedly help it further expand its business and draw more attention in the market.
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About LBank Exchange
LBank Exchange, founded in 2015, is an innovative global trading platform for various crypto assets. LBank Exchange provides its users with safe crypto trading, specialized financial derivatives, and professional asset management services. It has become one of the most popular and trusted crypto trading platforms with over 6.4 million users from now more than 210 regions around the world.
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