GameFi NFT decentralized application LENA Network announced on the 19th that it has completed a $1.5 million financing round with investments from DWF Labs, Alchemy Pay, and Draper Dragon, and also announced the launch of a new token, $CANDY, through IFO (Initial Farm Offerings).
This development marks an important milestone for LENA Network, highlighting its commitment to advancing permissionless DeFi innovation. According to the official announcement, the IFO sale will take place from February 28 to March 6, 2024, with three phases: private sale, whitelist, and public sale.
On the same day, LENA Network announced the completion of a $1.5 million financing round, with investments from DWF Labs, Alchemy Pay, and Draper Dragon. LENA Network will join the Blast ecosystem and launch a decentralized auction platform based on smart contracts, connecting Ethereum with the Blast ecosystem, primarily focusing on GameFi NFT development.
The official statement states that this financing round signifies significant progress for LENA, reinforcing people’s confidence in its vision and the potential to reshape the DeFi landscape through its innovative permissionless platform. LENA Network has achieved several important milestones, including the completion of two testnet programs with over 175,000 participants, confirming its position as a leading dApp in the ecosystem.
The launch of $CANDY token opens up avenues for excellent Web3.0 liquidity and provides strategic advantages for token holders. With the increasing demand for digital assets, $CANDY holders can utilize LENA’s platform for basic liquidity activities such as lending, participating in GameFi asset auctions, and exploring cross-platform purchasing environments.
LENA Network introduces a groundbreaking NFT auction platform that facilitates connections and community development among enthusiasts, creating economic opportunities in a permissionless manner. The platform will feature a range of renowned NFTs, offering unique lending opportunities once launched on the LENA Network mainnet.
The launch of $CANDY token puts token holders at the forefront of the digital economy, enabling them to maximize their potential within the LENA Network ecosystem. Additionally, $CANDY holders will benefit from future opportunities to convert to $LENA tokens and enhanced token utility, including revenue sharing.
The launch of $CANDY token reflects LENA Network’s appreciation for the community and testnet participants. The Fair Launch will be divided into three stages, each providing unique benefits and levels of rights for participants.
LENA Network invites the community to stay updated on the latest developments and beware of potential scams by joining the official Telegram conversation. For more information about LENA Network and the $CANDY Fair Launch, please visit the official website or contact the team.
About LENA Network:
As part of the Blast ecosystem, LENA Network will revolutionize the GameFi NFT field, starting from NFT collateralized loans and evolving into a decentralized auction platform. The platform aims to bridge Ethereum with the ecosystem, promoting asset liquidity and fostering innovation.
For more information, please visit the LENA Network official links:
Website: https://lena.network
Twitter: https://twitter.com/LENA_Network
Docs: https://docs.lena.network
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