Dusk Network Collaborates with Ethfinex to host Dusk Token Sale
October 2018 : London - Dusk Network is exceptionally proud to announce a collaboration between Dusk and Ethfinex which will see the DUSK token sale made available to Ethfinex and Bitfinex users via the newly-launched Ethfinex token sale platform.
A small portion of the token sale will be reserved for users of Ethfinex, who will have the chance to register for the draw throughout November.
The Ethfinex token sale platform launched publicly last week to allow Ethfinex and Bitfinex users to contribute to Ethereum token sales in a secure and streamlined process.
Please note that entries to the Dusk Network token sale will be determined through a random draw mechanism. To secure your spot, please visit https://ethfinex.com/token-sales .
Dusk Network and Ethfinex Partnership Details
Dusk Network has been working together with the Ethfinex team behind the scenes, spending countless hours discussing how they can make Dusk the best proposition it can be. Ethfinex has played a crucial role with advice on liquidity, lock-up and vesting, tokenomics, and by leveraging their financial services network. Not only are they an incredibly helpful team, but they also put us in touch with top market makers that will both be taking care of DUSK secondary markets and also directly investing into the Dusk token sale.
Besides trying to bring the cryptocurrency space to a new tier of legitimacy and professionalism, there are also many practical reasons for the collaboration:
- Strong, innovative propositions. Ethfinex wants to offer the best-in-class projects to their users. By making a small amount of the overall Dusk token sale available to Ethfinex and Bitfinex users, the DUSK token will be listed on both exchanges when the token unlocks in December.
- Dusk Network is offering temporary listing exclusivity to Ethfinex and Bitfinex if the project is successfully funded via the Ethfinex Token Sale platform.
- Strong marketing synergies, allowing us to capitalise on each other’s physical and digital traction to raise awareness of both projects.
"We are pleased to be working together with what we see as one the most reputable, innovative and community-driven exchanges in the cryptocurrency space. We are incredibly proud to announce this collaboration, and we are confident that there will be many future opportunities for cooperation as our respective platforms continue to grow." -- Dusk Network
Ethfinex is a digital asset exchange and trading platform providing access to highly-flexible centralised and on-chain trading portals to deliver a high-performance trading experience centred around control. Market makers on Ethfinex are incentivised to use the platform through the Nectar (NEC) token which rewards traders on the platform with a stake in its development. The overarching goal of Ethfinex is to deliver a sophisticated trading experience while democratising the governance decisions surrounding a digital asset exchange. As outlined in the original Ethfinex whitepaper, the newly-launched token sale platform brings down the substantial technical barriers associated with participation in token sales, thus allowing users to contribute to projects in an increasingly fair and secure manner.
The DUSK Token Sale
DUSK is launching in December as an ERC-20 token. To help spread liquidity and create a broader base of DUSK owners we are collaborating with Ethfinex to host the DUSK sale on the Ethfinex platform. This sale will be celebrated in aligning all of our fans and early adopters with the exchanges where DUSK will trade first. Details of the DUSK Ethfinex sale include:
- $5,000 fixed individual allocation is available for 200 users.
- Allocation is granted through a random draw.
- Users need to perform KYC on Ethfinex, using the BlockPass app, to be compliant with Dusk Network’s KYC/AML requirements.