Fortified X Announces Successful Fundraising and Launch of Token Sales on Gempad, Kommunitas, and Spores Network

Fortified X Announces Successful Fundraising and Launch of Token Sales on Gempad, Kommunitas, and Spores Network

Singapore, November 16, 2024 – Fortified X, a hybrid exchange platform focused on integrating centralized and decentralized exchange features, has successfully concluded its initial fundraising phase. The company has announced the commencement of its private and public token sales to support further development and deployment of its platform.

The private sale is scheduled to begin on November 19, 2024, hosted on the Gempad platform, with FXAS tokens priced at $0.0055. The sale provides an opportunity for participants to engage with the project during its early stages. Details and participation links for the private sale can be found here.

Following the private sale, two public sales will take place starting on November 25, 2024, across the Kommunitas and Spores Network platforms. The public sale price is set at $0.007, which aligns with the token’s TGE price. Interested participants can access the sales on Kommunitas and Spores Network.

Both sales are intended to advance the platform’s fundraising efforts and enable the delivery of its outlined goals, which include building a hybrid exchange ecosystem to address current challenges in cryptocurrency trading.

Fortified X integrates decentralized and centralized trading functionalities, aiming to provide a more versatile platform for its users. With an emphasis on security, the platform employs features such as cold wallets, multisignature keys, and continuous monitoring. The interface is designed to be accessible, ensuring usability for individuals at all levels of trading experience.

The platform is supported by a scalable architecture, developed to manage growing user demands and to incorporate innovative tools and services. A DAO governance structure allows stakeholders to contribute to decision-making processes, reflecting the platform’s objective of fostering transparency and inclusivity.

Fortified X is compatible with multiple blockchain networks, including Binance Smart Chain, Ethereum, Avalanche, Solana, and Cardano, among others. This multi-chain support enhances accessibility for users and allows the trading of a diverse array of tokens and cryptocurrencies.

The platform’s native FXAS token is integral to its ecosystem. It enables staking rewards, governance rights, and access to platform-specific features. The proceeds from token sales are allocated toward platform development, including infrastructure upgrades, security enhancements, and market expansion.

In addition to trading, Fortified X offers several tools and services to enhance its ecosystem, such as automated yield farming, token swaps, and liquidity pool management. The platform also includes a mobile application to ensure global access and a seamless trading experience.

The company’s roadmap highlights its intent to continue developing these features and expanding its user base while maintaining a focus on secure and transparent operations.

The private sale on Gempad and the public sales on Kommunitas and Spores Network mark the next steps in Fortified X’s growth. Interested parties are encouraged to review the available documentation and links to participate in these token sales.

Additional information regarding the platform and its ongoing initiatives can be found at Fortified X’s official website.

About Fortified X

Fortified X is a hybrid cryptocurrency exchange platform that integrates centralized and decentralized trading capabilities. Designed to support secure and accessible trading, the platform includes tools such as DeFi swaps, staking, and governance. By leveraging multi-chain compatibility, Fortified X aims to create a comprehensive ecosystem for cryptocurrency traders. 

For more information, visit Fortified X.