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Cadalabs Begins Last Phase Cala Token Sale With Less than 1M Tokens

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Edited by
Shilpa Lama

23 November 2021 13:00 UTC
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Cadalabs wishes to thank the members of the public that have been with us from the beginning till now and those that joined at the First and second phase token Sale, we want to congratulate you for holding on till now and we sincerely appreciate your unflinching support and belief in us.

Cadalabs have successfully distributed Cala Tokens to the first and second phase contributors.

Cadalabs team allocated 25 million Tokens to be sold during the pre-sale stage of which the project has successfully sold 24 million remaining 1 million tokens for the last phase.

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About Cadalabs

CADALABS is a community-driven NFT DeFi platform building an NFT Minting Dapp on the Cardano Network to enable digital artwork collectors mint their works as NFTs and connect them to sellers to trade seamlessly in the future. CADALAB team developed its utility token dubbed $CALA Token, which enables the community to take part in governance issues.

Besides, by holding the CALA token, users can moderate creators, vote on proposals, stake their tokens to earn and curate featured artwork. CADALAB protocol seeks to further venture into the non-fungible token industry and in the process help digital content creators, artists, and art collectors meet on a digital platform.

CADALABS TOKEN (CALA) UTILITY

  • Tokens will exist in staked and unstaked forms. Staked tokens will provide users with platform functionality.
  • Power a Democratized Autonomous Platform (DAP), enabling users to participate in organizational decisions and shape product roadmap.
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  • Allow holders to purchase physical and virtual goods, content, and services in a decentralized marketplace.
  • Reward digital content creators who generate quantifiable value, determined with the consensus of the community.
  • Share ad revenue with users who opt-in to see advertisements. By staking more tokens, users can earn a larger portion of the revenue they generate.

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Features of Cadalabs ecosystem

  • Created for digital creators: CADALAB establishes a bridge between traditional art creators and Blockchain technology.
  • Ease of use: The CADALAB ecosystem will be fully user-friendly, so that any creative person can generate and sell their own NFT
  • CADALAB DEX: Decentralized automated exchange designed between any currency.
  • Stake and earn (coming soon): With CADALAB, users will also be able to stake and earn rewards with it.
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  • Optimized for Scalability: Cadalabs Ecosystem will be simple and transparent, always giving security to users.

How to participate in Cadalabs third phase token sale

CALA Token third phase sale is ongoing for interested investors and members of the public to purchase and become early Adopters.

Purchase CALA tokens HERE.

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