- Just The Metrics
- Posts
- #025: 💵 Flac Finance Public Token Sale Scheduled for Next Week
#025: 💵 Flac Finance Public Token Sale Scheduled for Next Week
PLUS: 💡 A tool that can help you with due diligence
Welcome to This Week In Cardano
Read time: 5 minutes
If you want to:
Quickly gain fundamental blockchain knowledge
Use a metric-base assessment framework to make informed decisions
Have example assessments of major Layer1s already bring you way ahead of 95% of the people in the space
Then this eBook is for you👇
Hi Cardano Community,
Welcome to This Week In Cardano - your daily Newsletter covering the major updates in the Cardano Ecosystem!
This is what we have for you today:
💵 Flac Finance Public Token Sale Scheduled for Next Week
💡 A tool that can help you with due diligence
💎 Gem of the Day
This Week In Cardano
Your Daily Newsletter covering all major events happening in the Cardano Ecosystem
Flac Finance Public Token Sale Scheduled for Next Week
Welcome to today's edition of This Week in Cardano,
We've got a lot of exciting updates to share with you about the Cardano ecosystem.
In today's edition, we wanted to bring your attention to the recent news of the public token sale for Flac Finance.
Disclaimer: Please note that this token sale is subject to various regulations in different countries. The information provided here is for informational purposes only and should not be considered investment advice. We strongly recommend that you conduct your own research, and carefully review the terms and conditions of the token sale before making any investment decisions.
What is Flac Finance?
Flac Finance is an upcoming RealFi platform on Cardano that aims to provide safe, fast, and accessible financial services.
Flac Finance aims to offer a wide range of financial services to its users, including instant loans, yield earning, and various payment options.
Additionally, it enables seamless swapping between cryptocurrencies, stablecoins, and fiat while ensuring full regulatory compliance for a smooth user experience.
The platform aims to be integrated with legacy financial systems in supported countries (especially India), facilitating easy fiat on-ramp and off-ramp, thereby providing a comprehensive financial solution.
About $FLAC Tokens
$FLAC tokens provide users with a variety of benefits.
By holding $FLAC tokens, users can enjoy discounted fees on the platform, access to loans, and the opportunity to participate in the governance of the platform in the future.
Public Sale Details
The $FLAC public token sale will begin on January 16th, 2023, at 4:30 UTC and end on January 30th, 2023, at 4:30 UTC.
The Flac Finance team has allocated 120,000,000 $FLAC for the public sale, which represents 6% of the total token supply.
To participate in the sale, interested individuals can go to the Flac Finance token sale portal to complete the necessary KYC. The minimum token purchase amount is 350 $FLAC.
Airdrop
The Flac Finance team also announced that tokens purchased during the public sale will be airdropped within 24 hours of the end of the sale.
This means that you will be able to access and use your $FLAC tokens almost immediately after the sale has ended.
Who can participate in the token sale?
It is important to note that token sales are subject to various regulations in different countries. Therefore, we strongly recommend that you DYOR to confirm your eligibility to participate in the $FLAC public token sale with respect to your country's regulations.
Btw, here's a tool that can help you with due diligence
The Cardano RealFi Confidence Index (CRCI) reviews each project's capacity to execute, communicate, and provide its solutions with transparency while keeping user protection and Cardano ecosystem health as priorities.
Use these tools to figure out the validity of the project building on Cardano. At the end of the day, you will have to do your own research and these tools can help you to achieve that goal.
As always, stay tuned for more updates and developments within the Cardano ecosystem.
Interested in sponsoring this Newsletter?
💎 Gem of the Day 🧵
🪡How to Scam Project Catalyst, a Guide 🧵
First, What is Project Catalyst?
Cardano Project Catalyst is a community-driven governance system for the Cardano blockchain.
1/21— $HOSKY Token 💩 (@hoskytoken)
8:24 PM • Jan 13, 2023
Ok, that's it for today. If you like what you are getting here, please
Share This Week In Cardano
with friends, family, or just other (crazy 😉) Crypto & Cardano Enthusiasts
Give us Feeback!
We would love to hear from you!
What did you like?
What can we do better?
Which topics are you interested in?
Write us, we will read and answer every email, pinky promise :)
That's it for today, see you tomorrow!
If you want to learn more about Cardano, crypto metrics and fundamentals give us a follow
DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.
Reply