Coollaunch Announces $COOL Token Pre-Sale

The Coollaunch team is delighted to announce the Presale for its token $COOL, which follows the Seed-Sale’s success, which was sold out much ahead of schedule due to overwhelming user interest.

The $COOL token’s pre-sale begins today. Through this URL, users can join the presale and partake in the early bird status: https://sale.coollaunch.io.

Coollaunch is a multi-chain decentralized crowdfunding platform based on the Cardano blockchain. Coollaunch is unusual because, in addition to having an IDO LaunchPad that allows users to raise funding for their projects, it also has a novel feature that allows users to stake their $COOL Token in order to be eligible for NFT drops.

Details on the $COOL Token Pre-Sale

The COOLLAUNCH Ecosystem will be powered by $COOL, a utility token based on the Cardano Blockchain that will be utilized as a subscription token to access our COOLLAUNCH Pre-Sale Listing site.

Pre-Sale Details:

Pre-Sale Date: 10th February 2022

Pre-Sale Allocation: 52,500,000 COOL Tokens

Price: 1 $COOL = 0.0022 ADA

Min/Max Contribution:

Min — 100 ADA

Max — 30000 ADA

Supported wallets

Because the $COOL token is a native Cardano token, you can join by sending ADA to the pre-sale address using any Cardano-supported wallet, such as the ones listed below.

• Yoroi Wallet
• Daedalus Wallet
• Adalite Wallet

Coollaunch’s two-round process ensures that each tier level is assigned based on stake.

Coollaunch is also forming connections with influencers, marketing partners, and KEVM developers in order to build a strong product.

Multi-Chain Support ensures that Metaverse, NFT, and gaming projects can raise funds independent of which blockchain they choose.

$COOL Token

The COOLLAUNCH Ecosystem will be powered by $COOL, a utility token designed on the Cardano Blockchain that will be used as a subscription token to access the COOLLAUNCH IDO platform.

$Cool Governance

Through governance events, the COOLLAUNCH community is given the power to approve all Cardano projects submitted on our Launchpad. Holders of $COOL tokens will be able to vote on whether or not to support a new Cardano IDO project through a voting mechanism that will require staking your $COOL tokens in favor of a project.

Staking Cool

Users of $COOL can earn money by staking their tokens to farm ADA, generate an additional $COOL, or a combination of the two.

Users of the protocol must be able to vote on protocol governance principles. Users can propose and vote on protocol improvements using the Governance Contract.

A Look Ahead

After the sales are done, the CoolLaunch team hopes to be listed on major exchanges in the following months. Meanwhile, the team has a number of collaborations in the works, which will be announced on the team’s official Medium account. The goal of the collaboration is to spread information, educate the community, and eventually expand the initiative.

Coollaunch.io is a Cardano-based decentralized fundraising platform and startup accelerator that fully supports Cardano native tokens, NFT, and Metaverse projects, as well as providing DeFi functionality for new applications.