Avoteo has Successfully Completed its $300K Private Round and Announces Phase 1 of Presale

AVOTEO will be a crowdfunding platform with an integrated talent pool. Holders of the AVO token will have the right to vote on the projects they want to be funded.

The crypto-based crowdfunding platform AVOTEO has announced the completion of its private sale where nearly $300K was raised. Now the fully doxed project team announces the start of the first phase of its presale and their exceptionally lucrative referral program.

The First Presale Phase will Begin on Jan. 3rd. AVO Tokens will be Sold for $0.02 each. Up to 10% Bonus Tokens can be Earned Depending on the Purchased Amount.

In this round, 25% of the tokens will have no vesting period, another 25% will have a vesting period of 3 months after the first listing, followed by 6 months for another 25%, and lastly, 25% of tokens will have a vesting period of 9 months. Tokens that were sold during the private sale will be vested until 9 months (50%) and 12 months (50%) after the first listing. The vesting periods will help to ensure price stability, the listing price will be $0.05.

AVOTEO will be a crowdfunding platform with an integrated talent pool. Holders of the AVO token will have the right to vote on the projects they want to be funded. The most voted startups receive funding from the funding wallet once the total funding target has been reached. Financed projects assign company shares to Avoteo SL, the legal branch of AVOTEO which was recently founded in Mallorca. In return, the AVO holders will share in the success of the AVOTEO-funded companies too. The only thing investors need to do is to hold AVO tokens in their wallets. Furthermore, it entitles them to participate in governance votes and they receive passive income through redistribution. Entrepreneurs can present their projects, find new team members, and enjoy the supportive environment AVOTEO creates. Professionals can introduce themselves and their talents. They have the choice of working on projects as freelancers or applying to join a project team. Creativity, interaction, collaboration, and a platform that is fun to use will be the core elements of AVOTEO.

AVO token 

AVO is the governance token of AVOTEO and is based on the Binance Smart Chain.

Tokenomics 

1 billion total supply:

500M are offered during three ICO rounds

300M will be distributed to the team, partners, and advisors

150M are for referrals

50M are for giveaways, airdrops, etc.

10% tax on all transactions:

4% Funding Wallet

3% Redistribution to AVO holders

3% Liquidity Pool.

Disclaimer Read More Read Less

The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. makes no representation or warranty as to the timeliness, completeness, or accuracy of any information on or accessed through this website. Decentral Media, Inc. is not an investment advisor. We do not give personalized investment advice or other financial advice. The information on this website is subject to change without notice. Some or all of the information on this website may become outdated, or it may be or become incomplete or inaccurate. We may, but are not obligated to, update any outdated, incomplete, or inaccurate information.

You should never make an investment decision on an ICO, IEO, or other investment based on the information on this website, and you should never interpret or otherwise rely on any of the information on this website as investment advice. We strongly recommend that you consult a licensed investment advisor or other qualified financial professional if you are seeking investment advice on an ICO, IEO, or other investment. We do not accept compensation in any form for analyzing or reporting on any ICO, IEO, cryptocurrency, currency, tokenized sales, securities, or commodities.

See full terms and conditions.

Source: cryptobriefing.com