The Dua.com token sale is now live on AllianceBlock’s Fundrs platform

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  • The Dua.com token sale launched on November 23rd and will end on December 14th.

  • Dua.com’s token sale is the first on the Fundrs platform, which was launched by AllianceBlock in August.

  • Dua.com already has more than five million users and hopes to offer DeFi services on its platform.

Dua.com’s token sale will be completed on December 14

The Dua Foundation has announced that its private token sale on the AllianceBlock Fundrs platform is now live. According to the press release shared with TUSEN, the foundation revealed that the token sale started on November 23 at 5:00 PM CET and will end on December 14 at 5:00 PM CET.

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The foundation added that users who wish to participate in the token sale can do so by visiting the Seeker listing on Fundrs and also following the step-by-step instructions. guide.

This one latest cryptocurrency news is a big one for AllianceBlock, as the dua Foundation is the first project to raise capital on its Fundrs platform. Fundrs launched in August 2022.

Dua.com to provide DeFi services to users

The symbolic sale comes after dua AG, a Swiss-based startup, raised $4 million in a Series A round. The team revealed that it plans to tokenize its millions of users through cryptocurrencies and decentralized finance (DeFi).

According to the dua Foundation, the DUA utility token will power the ecosystem of apps (dua.com and spotted.de). The tokenized experience creates a reward system based on in-app activity and user reputation, incentivizing the end user’s ability to participate in and benefit from a fairer economy. The foundation added that the DUA token would also be used to purchase in-app subscriptions, and companies could use it to advertise their products and services to dua’s user base.

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While commenting on this latest development, Ardit Trikshiqi – Chief Payments Officer at dua.com said;

“The launch of the DUA token is an innovation for the matchmaking industry. DUA will enable 5 million users of dua.com and spotted.de to participate in a participatory virtual economy that offers a wide range of services and is growing exponentially every day and millions of individuals and companies, who are part of globally fragmented communities that are not backed by traditional financial services providers such as banks or money transfer companies.”

The dua Foundation added that its ecosystem would provide communities without access to traditional financial services with an easy way to access and participate in DeFi services directly from the apps.

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The built-in wallet allows millions of users to access services such as on-chain transfers, payments and loans.

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