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25/05/2021, St. Vincent – Digitex Ltd, a commission-free crypto futures and spot exchange, has announced the launch of Blockfunder, its Initial Exchange Offering (IEO) platform, that will help to crowdfund and fast-track up-and-coming projects in the cryptocurrency space.
Through Blockfunder, Digitex will oversee the token sales of promising projects, carrying out prior due diligence to ensure only high-quality offerings. The first project to launch through Blockfunder will be Blockster, a social network for cryptocurrency enthusiasts with its own native token called the Blockster (BXR) token used for advertising and staking.
Blockster has been under development for over one year now, and currently the platform is in testnet to a closed group of testers and content creators with plans to open to the public in June. Driven by user-generated content focused on making money in crypto and blockchain, Blockster aims to become ‘the social network’ for the crypto industry.
With a full market data feed for all cryptocurrencies, its own user-generated blog, a mobile app available in June, plus an NFT marketplace coming soon, it’s been designed and developed in-house by Digitex specifically for crypto users, traders, and enthusiasts looking for opportunities to make money through investing and trading in digital assets.
The BXR token, which will be utilized by Blockster advertisers, will kick off its token sale on June 7, 2021 at $1 per BXR—and as the sale continues the BXR price will gradually increase until it reaches the peak sale price of $2.25. Once the IEO is concluded, BXR will be distributed to buyers and the token will be listed on Digitex and Uniswap. Other listings on major exchanges will be announced soon.
CEO of Digitex Adam Todd commented:
“We’re really excited to be…
