We are launching the LKR token sale on Polkastarter
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Mar 25 · 3 min read
At Polkalokr, we have made it our mission to put trust into token economies by building products that take human reliance out of the equation, instead leaning on the security of code and governance to ensure fair unlocking, distribution, and management of project tokens. Working natively on Polkadot, we are building a desperately needed multi-chain escrow solution that will enable both project teams and the token holders that support them to move away from overly human reliant token models, stepping into a promising and trustless future of innovative decentralized economies.
Having already closed a successful private sale round that raised just under $1 million and that welcomed support from some of the most active and recognized funds in the cryptocurrency space, we are excited to announce that we will be launching an IDO (initial dex offering) on the reputable Polkastarter platform. Details on the exact date will be published in the coming days.
The Polkalokr IDO
This IDO will bring increased attention to the Polkalokr platform, as well as bolstering our already rapidly growing community; we look forward to welcoming many new project participants to the Polkalokr ecosystem and expect the sale to be popular amongst the cryptocurrency and DeFi investor community.
Once the Polkalokr IDO has concluded, tokens will be unlocked for public sale participants and we will be listing LKR on the popular DEX Uniswap, with ample liquidity for trading by those who did not manage to get a spot in the sale.
We will be publishing all relevant information related to the Polkalokr IDO soon.
About Polkastarter
Having been host to a plethora of successful token launches in recent months, Polkastarter is a protocol built for cross-chain token pools and auctions that enables projects to raise capital in a decentralized manner. Powered by the Polkadot blockchain, Polkastarter gives investors looking to support the DeFi and blockchain innovation of tomorrow the opportunity to participate in token sales within a secure and compliant environment.
The LKR token
The LKR token forms an integral part of the Polkalokr protocol, serving a range of purposes including governance and staking, as well as being utilised to access freemium services and receive discounts on Polkalokr products. The LKR token will also give holders the opportunity to monetise their tokens, something that we are excited to offer the space and that has not been explored yet by many projects.
For an in-depth look at the LKR token economics, as well as detailed information on raises and vesting, please read our tokenomics document which can be found here.
About Polkalokr
Polkalokr is the first all-in-one, multi-chain token locking & escrow platform with built-in privacy functionality. Our products help build trust within the Defi space by removing the human element and focusing on governance through code, with a seamless, omni-channel digital experience platform accessible via mobile, tablet and desktop.
