As you may know, we closed a private sale (IDO) through the Tutellus launchpad in December 2022. We had constant and incredible support from the Tutellus community, so we are happy and even more compromised than before: we now have more responsibilities not only with our stake and equity holders but also with our new token holders. Let's review the results and next steps;
- We raised through the Launchpad $160.629 and another $64.290 in fiat through bank transfers (all tokens sold at a private sale price of $0.10), representing a total of $224.919, approx. 53% of the goal: in the actual bear market situation, we are fine and comfortable with the result.
- We still have 2 million $TURIN tokens to be sold (of a total of 4.25 million $TURIN tokens for the Launchpad), so if you are still interested, you can buy them (in packets) but to market prices: it will start at $0.30 instead $0.10 price of the private sale. Contact us at mcaballero@turinlabs.com.
- Complying with our Whitepaper and tokenomics, we will launch the $TURIN token next week, on Monday, January 16th: you'll be able to trade with the token through the DAPP, interacting with the different smart contracts, contributing with liquidity and getting yields, and so on. So stay tuned!
- The next step will be introducing the token to the different products we manage. And remember: the more you stake, the fewer fees you will pay by using the products. So the more users we get who use our products, the more value the $TURIN token will capture.
So let's continue building, folks!