We’re pleased to share news about Amasa’s breakout dual IDO on TrustPad and ChainBoost. By the time the offering ended at 18:00 UTC on October 1, Amasa raised $300,000 for 3.75 million $AMAS through three powerhouse launchpads.
In all, 3,125,000 $AMAS tokens were allocated via TrustPad and ChainBoost to raise $250,000. This was on top of $50,000 for 625,000 $AMAS tokens allocated for a pre-IDO listing on Genesis Shards’ Genpad.
Our pre-IDO allocation of $AMAS on Genpad sold out in 2 hours, while the TrustPad IDO took five hours to hit 100% subscription and the ChainBoost IDO was 400% over-subscribed.
It is humbling to see that so many members of the community believe in Amasa’s mission to empower people everywhere to capitalise on the potential of micro income streams and DeFi.
“It’s so great to see the level of community engagement and belief in Amasa — the response so far has been amazing. Having all three launchpad offerings rapidly sell out after being oversubscribed attests to this and is a huge step on the journey for Amasa and our community.”
— Will, Co-Founder and Core Contributor, Amasa
Amasa is built around community involvement. Our $AMAS token will give holders a way to submit proposals and vote on developments like new portfolio options, adjustments to fees and rewards, and the deployment of treasury funds. The possibilities for value creation are in the hands of our community members, who are essential participants in our vision for equitable value creation in the future.
The Latest Developments for Amasa
Our successful IDO is the consequence of continued support from our community and our amazing backers.
We recently closed a $1.5 million funding round involving Animoca Brands and other influential investors, including Yield Guild Games co-founder Gabby Dizon and Polygon co-founder Sandeep Nailwal. We’re also partnering with top players in the industry to form an expansive ecosystem as well as streamline Amasa’s build-out process and functionality.
Together, these developments represent significant progress toward our goal of people everywhere reaping the benefits of the value they create through Web 3.0. But these are early steps — we aren’t stopping here!
What’s Next for Amasa and Our Community?
Following the success of our $AMAS token sale, we are distributing the initial circulating tokens (including public sale) on Tuesday, October 5. We’re also heading for a listing on Uniswap soon. Stay tuned to our social channels for more details about these important developments for our token.
We’re also in the process of forming more exciting partnerships that will make Amasa’s platform even more robust and will have a number to announce in coming weeks. We are constantly evolving to create the best possible way for our community to generate financial returns from daily activities like playing mobile games, posting content, and interacting with each other — actions that generate monetizable data from which you should glean financial gains.
The ultimate goal of Amasa is to return those rewards to you. Visit amasa.io to find out more about Amasa, and keep an eye on our social feeds for upcoming announcements as we take Amasa to new heights for smoother ways to combine, amplify, and stabilize all of your micro income streams!
Amasa’s mission is to empower anyone, anywhere in the world to capture and capitalise on the wealth building potential of micro income streams and DeFi. We are inspiring mass adoption of Web 3.0 platforms that reward participants for their gaming, time, energy, attention, content, data and interactions.
We’re doing that by building the world’s first micro income stream investment app. The Amasa app will make micro income streams easy to capture, combine and access as a stabilised income, then amplify through user-selected DeFi investment options.
Combine. Stabilise. Amplify. All in the background of everyday life.
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