The crypto-based crowdfunding platform AVOTEO has announced the completion of its private sale where nearly $300,000 was raised. Now the fully doxed project team announces the start of the first phase of its presale and their exceptionally lucrative referral program.

The first presale phase will begin on January 3rd. AVO tokens will be sold for $0.02 each. Up to 10% bonus tokens can be earned depending on the purchased amount. In this round, 25% of the tokens will have no vesting period, another 25% will have a vesting period of 3 months after the first listing, followed by 6 months for another 25%, and lastly 25% tokens will have a vesting period of 9 months. Tokens that were sold during the private sale will be vested until 9 months (50%) and 12 months (50%) after the first listing. The vesting periods will help to ensure price stability, the listing price will be $0.05.

Referral Program:

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 referrer 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 AVO tokens with the same vesting time as tokens that were sold in the private sale (50% 9 months after listing and 50% 12 months after listing). In addition, AVOTEO is holding a referral contest where a total of 50,000 USDT in prize money can be won. This contest will run throughout all ICO phases.

Introduction to AVOTEO

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 want to be funded. The most voted startups receive funding from the funding wallet once the total funding target has been reached. Financed projects assign company shares to Avoteo SL, legal branch of AVOTEO which was recently founded in Mallorca. In return the AVO holders will share in the success of the AVOTEO-funded companies too. The only thing investors need to do is to hold AVO tokens in their wallets. Furthermore, it entitles them to participate in governance votes and they receive passive income through redistribution. Entrepreneurs can present their projects, find new team members, and enjoy the supportive environment AVOTEO creates. Professionals can introduce themselves and their talents. They have the choice of working on projects as freelancers or applying to join a project team. Creativity, interaction, collaboration and a platform that is fun to use will be the core elements of AVOTEO.

AVO token

AVO is the governance token of AVOTEO and is based on the Binance Smart Chain.

Tokenomics

1 billion total supply:

  • 500M are offered during three ICO rounds.
  • 300M will be distributed to the team, partners, and advisors.
  • 150M are for referrals
  • 50M are for giveaways, airdrops etc.

10% tax on all transactions:

  • 4% Funding Wallet
  • 3% Redistribution to AVO holders
  • 3% Liquidity Pool

Use the following links to find the latest information about AVOTEO and join the community:

Website: https://avoteo.io/

Twitter: https://twitter.com/Avoteo_com

Telegram: https://t.me/avoteoglobal

Ora Goodwin
Ora Goodwin
I am a well-known and respected author in the cryptocurrency field. I have been writing about Bitcoin and other digital currencies for over 5 years, and my work has appeared in some of the most respected publications in the space. I am also a regular speaker at industry events, and my insights into the crypto market are highly sought after by both media and investors. In addition to my writing and speaking engagements, I am also an active advisor to several blockchain startups, and I sit on the board of directors for the Blockchain Education Network.

Similar Articles

Most Popular

Revolutionizing Venture Capital: VNTR DAO’s Decentralized Approach

VNTR DAO announces its official launch on the Arbitrum One network, marking a significant milestone in the evolution of decentralized Venture Capital. This innovative...

WOOOOO! Coin Lands on MEXC with 30,000 USDT and 16.5 Million WOOOOO! Airdrop

WOOOOO! Coin - a new meme coin celebrating the legendary wrestler Ric Flair - has been officially listed on the MEXC Exchange. The token...

Hectic Turkey: The Memecoin That’s More Than Just a Gobble

Welcome to the whimsical yet surprisingly serious world of Hectic Turkey, where cryptocurrency gets a flavorful twist. This isn't just a memecoin; it's a...

UXLINK Partners with OKX Web3 Wallet for 2.5 Million Users with Attractive Giveaways

February 3, 2024 — In a significant move to bolster the Web3 experience for millions, UXLINK, the leading social infrastructure within the Telegram ecosystem,...

Vitruveo rolls out the World’s First Auto-rebasing Protocol

18 January 2024 / Tortola, British Virgin Islands: Vitruveo is not just another blockchain platform; it is a dedicated Blockchain for Creators, utilizing an...

Vitruveo Surpasses $1 Million Milestone in NFT Sales, Strengthens Ecosystem with Successful Fundraising

18 January 2024 / Tortola, British Virgin Islands: Vitruveo, the groundbreaking blockchain platform designed exclusively for creators, proudly announces a significant milestone, having exceeded...

Encrypted Calls, GameFi, Secure Payments – Welcome to the BSIM Universe

Craig Haydon CEO Blockchainpro.vip Forget everything you know about SIM cards. The future of connectivity is here, and it's packed in a tiny chip with...

Lil Grok Meme Token: A Revolutionary Soundtrack Unveiled by LiGrok Project

LiGrok a project that aims to revolutionize the music industry by introducing a new era of decentralized rhythm goes on sale on Pinksale on...