TL;DR Breakdown
- In a couple of hours, EBOX sales will commence on DuckStarter.
- The initial offering will start at 2 pm UTC with a batch whitelist release.
- 2158 wallets will participate in the offering with 250 whitelisted every 5 minutes.
EBOX sales to go public in less than 3 hours
The much-anticipated EBOX token initial DEX offering (IDO) will commence in a few hours from now. Based on the announcement, the public sale will start by 2 pm UTC on duckstarter.io. The platform has also revealed that 2158 wallets will participate in the public sales with 250 wallets whitelisted every 5 minutes.
Ethbox announced the IDO a couple of weeks back and will be conducted on the DuckStarter platform. The DuckStarter is a token sale Launchpad that affords crypto enthusiasts the privilege to partake in the funding of upcoming blockchain projects.
According to the news release, ethbox aims to raise $970,000 and will therefore release 1.625 million EBOX at $0.055 each. Once the IDO is completed, the token will be made available on Uniswap, a decentralized exchange on Ethereum.
What is is it all about?
The EBOX token is a deflationary token that offers several earning opportunities to crypto investors. For instance, ethbox users holding the token will enjoy a reduced service cost. The token can also be staked to generate passive income. Also, the token holders will be rewarded a percentage of the profit share and can also participate in the governing processes.
