[PRESS RELEASE – Berlin, Germany, 3rd January 2022]
The crypto-based crowdfunding platform AVOTEO has announced the completion of its private sale where nearly $ 300,000 has been raised. Now, the fully doxed project team is announcing the start of the first phase of its presale and exceptionally lucrative sponsorship program.
The first pre-sale phase will start on January 3. AVO tokens will be priced at $ 0.02 each. Up to 10% bonus chips can be earned depending on the amount purchased. In this round, 25% of the tokens will have no vesting period, an additional 25% will have a vesting period of 3 months after the first listing, followed by 6 months for an additional 25%, and finally, 25% of the tokens will have a 9 month vesting period. The tokens that were sold during the private sale will be acquired up to 9 months (50%) and 12 months (50%) after the first registration. The vesting periods will help ensure price stability, the listing price will be $ 0.05.
When purchasing tokens through a referral link, the referrer will receive 15% bonus tokens, the referral recipient will receive 10% bonus tokens. If the bonus tokens received by the sponsor reach a total of 10,000 AVO tokens, the tokens can be “sold” directly at a price of $ 0.01 per AVO token to receive a stable coin instead of the AVO tokens with the same amount of time. acquisition only tokens that were sold in private sale (50% 9 months after registration and 50% 12 months after registration). Additionally, AVOTEO is running a Sponsorship Contest where a total of 50,000 USDT in cash prizes can be won. This competition will run throughout all phases of the ICO.
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 wish to see funded. Top-voted startups receive funding from the Funding Portfolio once the total funding goal has been met. The funded projects award shares of the company to Avoteo SL, the legal branch of AVOTEO which was recently founded in Mallorca. In return, AVO holders will also share in the success of the companies funded by AVOTEO.
The only thing investors need to do is keep AVO tokens in their wallet. In addition, it gives them the right to participate in governance votes and they receive passive income through redistribution. Entrepreneurs can present their projects, find new team members and take advantage of the supportive environment created by AVOTEO.
Professionals can introduce themselves and showcase their talents. They have the choice of working on projects as freelancers or applying to join a project team. Creativity, interaction, collaboration and a fun platform to use will be the key elements of AVOTEO.
AVO is AVOTEO’s governance token and is based on the Binance Smart Chain.
1 billion total supply:
- 500M are offered over three ICO rounds
- 300M will be distributed to the team, partners and advisors
- 150M are for references
- 50M are for gifts, airdrops, etc.
- 10% tax on all transactions:
- Funding portfolio 4%
- 3% Redistribution to AVO holders
- 3% liquidity reserve.
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