ApeSwap: Initial Ape Offering

in #defi4 years ago

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It has been a long wait, but ApeSwap's initial ape offering (IAO) is finally here. Being ApeSwap’s first attempt at a Launchpad, we’re not treating this with kids' gloves. Apes, get your $Banana ready; it’s going to be a blast!

The Project: Introducing BitFresh.Win

Not sure about the start-up being launched? Well, ApeSwap is putting BitFresh.Win in the spotlight through this IAO. Here’s what you don’t know about BitFresh.Win:

  1. Novel Gaming

BitFresh.Win intends to disrupt the igaming industry by offering numerous enticing features that should wow punters. From its auto-betting opportunity to the handful of jackpots available to gamers, BitFresh.Win will change how igaming is enjoyed.

2.Everyone Wins

The winner takes all mindset has affected the growth of the igaming industry. There are more losers than winners, so enthusiasm continues to wane. Fortunately, BitFresh.Win will be changing all that with its dividend sharing that guarantees participants are rewarded for playing.

3.Unrivaled transparency

Losers outnumber winners in igaming at a stunning ration, resulting in a significant drop in the number of new participants. A sizable chunk of these losses is down to a skewed system that ensures the house always wins at the expense of participants.

In comes BitFresh.Win, and the start-up could be the bacon saver as transparency is provided through the use of blockchain technology. Transactions can be verified with ease, so fears of manipulations can be jettisoned.

4.Non-custodial betting

On BitFresh.Win, participants have full control over their assets, so there are no restrictions on how they utilize such. This is in complete contrast to what’s obtainable in the igaming industry at the moment.

BitFresh IAO On ApeSwap.Finance: Getting Involved

For the BitFresh.Win IAO holding on ApeSwap at 03:00 UTC on the 24th of April 2021, we are taking a cue from Pancakeswap’s IFO format, but with a delicious twist.
Interested participants will need to get $BANANA/BNB LP tokens or Golden BANANA tokens and commit this to the IAO.

Each participant will get BFT, depending on the number of committed LP tokens. There’s also the opportunity to use Golden Banana to purchase BFT as 1% of the total supply has been set aside for this.

BitFresh.Win is looking to raise about 1.1 million dollars through this IAO, and ApeSwap is committed to making this a reality. Of course, not all the funds raised will be handed over to BitFresh.Win as you’ll find out soon enough.
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After the IAO, What Next?

With the conclusion of the IAO, BNB/BFT liquidity will be provided on the ApeSwap DEX, so holders can trade their BFT for BNB whenever they feel like it. Also, the liquidity will be locked for a 12 months timeline, which is a clear show of intent on the sides of both parties.

Though BitFresh.Win might be at its infancy stage, participants can put their BFTs to work by staking them and earning BANANA. Apes can get BFTs by staking BANANA. There’s a limited timeline for these pools, so those interested might have to act real fast once the IAO is over.

Conclusion

All is set for the ApeSwap IAO happening at 03:00 UTC on the 24th of April, 2021. We are turning the page of the ApeSwap story with this IFO. Hopefully, Apes and everyone else will have something to cheer about soon.

For more information about this project you can see it below:

ApeSwapFinance App: https://apeswap.finance/
Medium: https://ape-swap.medium.com
Twitter: https://twitter.com/ape_swap
Telegram: https://t.me/ape_swap
Announcements: https://t.me/ape_swap_news
Telegram Price: https://t.me/ape_swap_price
GitHub: https://github.com/ApeSwapFinance
Instagram: https://www.instagram.com/ape_swap/
Apeswap Analytics : https://info.apeswap.finance/home

AUTHOR
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2366155;sa=summary
Bitcointalk Username: Asgard124
Wallet Address: 0x179057838Fe65565fd46B05f0B0FA9C362dE26b4

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Participants of this IAO would haveñto get some Banana token to participate right? Just want to be sure.

Well detailed information about the upcoming IAO on ApeSwap.Finance

Very insightful piece

I'm so elated about this. It will be good to ape in