Moma Protocol Trading Opens on Tuesday July 6, Followed by IDO on Bounce, WeStarter & IEO on HotBit

Moma Protocol is preparing for its token launch.

Moma Protocol hosts its IDO on July 6.

Moma Protocol Prepares Token Launch

Moma Protocol, the project bringing fully customizable Lending Pools to solve DeFi assets’ liquidity and scalability problems, is conducting its Initial DEX Offering (IDO) on July 6. The IDO will run on the Bounce and WeStarter platforms. Simultaneously, there will be an Initial Exchange Offering (IEO) on the HotBit platform.

Through its smart contract Factory, Moma Protocol provides a valuable service to the financial sector. Whether it is for DeFi purposes or asset management, creating and managing customizable Lending Pools is a big step forward. Through the Protocol’s Factory component, teams can meet the market’s lending needs and generate infinite liquidity for particular digital assets, through a closed-loop business cycle design consisting of fully customizable Launch Pools and Lending Pools. It also creates continuous growth and acceleration opportunities for long-tail digital assets, which are always appealing options for users trying to diversify their investment portfolio.

The best way to describe Moma Protocol’s business model is B2B2C. More specifically, the Protocol caters to the business clients first – the B2B aspect – and then extends its services through fully customizable Lending Pools to consumers. All participants in this equation receive a share of the interests generated by the incomes or transaction fees of the Liquidity pools.

Platform security and price-feeding accuracy will be safeguarded by a proprietary Whistleblower mechanism where users would get rewarded or penalized on a token level, based on the quality of the price-related information they submit.

As the team’s smart contract audit and product beta MVP launch have proven successful, Moma looks towards the future. A seed round and private fundraising have been completed, with a strategic round being wrapped up. Notable investors – including Fundamental Labs, SevenX Ventures, AU21, DFG Capital, MXC, Genesis Shards, Coins Group, Oasis Capital, and more than 10 others, including project NFT Stars – show a keen interest in this project. As a next step, Moma Protocol will offer its native token to the public through a multi-pronged approach.

The first order of business is organizing the Initial DEX Offering (IDO) on the WeStarter and Bounce platforms. These sales will commence on July 6 at 11:00 AM UTC and end at 12:00 Noon UTC. Coinciding with these IDOs is the Initial Exchange Offering (IEO) on HotBit, which starts and ends at the same time.

Trading of Moma’s native token will commence on Uniswap and Mdex on July 6 at 1:00 PM UTC; MXC and HotBit at 2:00 PM UTC. Those who participate in the IDO or IEO will have different token trading options at their disposal, should they wish to explore them.

As a solution to meet users’ demand for liquidity, scalability, and speculation needs in the DeFi lending markets, Moma Protocol produces, manages, accelerates, and aggregates the lending market through a proprietary smart contract factory, creating an ecosystem that can expand infinitely in lending liquidity and market diversity. The beta version of the product has currently been online and the official version of the product will be live in July 2021.

Ocean’s CEO holds a Master’s Degree at Fudan University. They are also a senior programmer, a serial entrepreneur in the blockchain industry with solid experience in initiating projects such as Gravity (300,000 users), Lichang (1 million users), TokenUp wallet (100,000 users), and respected veteran in the Chinese community.

Ocean’s CTO V.C holds a Master’s Degree at Fudan University. They are also a senior blockchain developer, independently led the development, testing, and deployment of two Ethereum-based DeFi projects, and was involved in the launch of the mainnet and application development of blockchain projects such as EOS, Platon, and Worbli.

Ocean’s CMO Virginia is the co-founder of Coins Group, a crypto fund based in Hong Kong, 12 years of experience in digital marketing and internet start-up building; 4 years of experience in blockchain investment and project incubation, invested in over 30 blockchain projects.

For more information, contact Virginia Lam at [email protected] or visit Moma Protocol’s social channels:

Website

Whitepaper 

Telegram (English)

Telegram (Chinese)

Telegram (Korean)

Telegram (Arabic)

Telegram (Vietnamese)

Twitter

Medium

Discord

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