DappRadar, a startup that provides data for analyzing Dapps, has announced the introduction of its own token called RADAR. Today the platform officially launched its native token after unveiling key utilities and features at an event at the Somnium Space metaverse. It is important that the platform has confirmed that the token is not available in advance and that it will be sent in full to the community.
RADAR is sent to loyal DappRadar users and partners. The token will initially provide a number of utility functions for the DappRadar platform, including access to DappRadar PRO functions, staking and governance for the emerging DappRadar DAO. In addition, RADAR becomes a payment option for DappRadar services, users receive a discount when using it.
As mentioned earlier, RADAR will drop 1 billion tokens, or 10% of the total supply, to loyal RADAR users and long-time dApp users – whether or not they use DappRadar. After the first airdrop, 40% of the offer will be gradually distributed to the community if the shareholders and team share the shares within 4 years.
“With over a million active users and thousands of dApps listed, RADAR has grown to a really massive size,” said Skirmantas Januškas, co-founder and CEO of DappRadar. “We decided to reward long-time dApp users with RADAR tokens. It is important that we reward the community fairly. We didn’t use this as an opportunity to raise funds, so RADAR tokens are not open to everyone for pre-sale. ”
According to DappRadar, the conditions for users to receive the Airdrop are as follows:
All you have to do is follow the link, connect to your wallet to check whether or not you are being rewarded with tokens. The RADAR price is currently trading at $ 0.04 on SushiSwap.
Huobi Global has too notification will list RADAR in the Pioneer Zone on December 15, 2021. Accordingly, RADAR deposit trading opened on December 15th at 5:00 AM and the payout will open on December 16th at 5:00 PM. The official listing time will be announced later.
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