NeoNomad Finance, an All-inclusive DeFi Platform, Is Launching Its IDO Token Sale on Solana

On Jan 17, 2022 at 1:18 pm UTC by · 3 min read

The NeoNomad decentralized Exchange is a non-custodial exchange that leverages self-executing smart contracts to facilitate and execute trading, effectively removing the need for third-party intermediaries.

NeoNomad Finance is all-inclusive decentralized finance (DeFi) platform that empowers the unbanked/underbanked global population to participate in the DeFi economy. They will launch their IDO (Initial DEX Offering) token sale for their native token $NNI, on February 1, 2022.

Built on the Solana blockchain, NeoNomad provides users with the most sustainable decentralized and widely accessible financial solutions. Solana is one of the fastest-growing blockchains. It has an almost unmatched infrastructure in the blockchain field, with 50,000 TPS and a fee of only $0.00025 per transaction.

The Solana-based NeoNomad ecosystem will accelerate the adoption of decentralized financial services like lending, yield farming, staking, and NFT investments across the globe. This innovative approach by the NeoNomad team is bound to transform the DeFi space by making DeFi services more accessible and beneficial for all.

Opportunity to Acquire NNI Tokens Early

The total supply of $NNI is 200,000,000 tokens. The NeoNomad team will allocate 28 000,000 NNI (14% of total supply) for the IDO, providing all community members a fair opportunity to obtain tokens early. $NNI tokens purchased during the IDO will only become available in the purchasers’ accounts after the sale ends.

The IDO will take place on three launchpads. Solana will host the first public sale, and Binance Smart Chain (BSC) and Ethereum will host the second and the third sale as private sales.

Token Distribution

  • IDO – 14%
  • Team/Lockup – 20%
  • Development – 5%
  • Marketing – 5%
  • Airdrop – 1%
  • Investment fund/pools – 20%
  • Staking/liquidity pools – 35%

Striving for Their User’s Financial Inclusion

NeoNomad Finance offers the NeoNomad Decentralized Exchange (DEX), a peer-to-peer cryptocurrency trading platform. It provides access to financial services, including lending, yield farming, and staking. Users can also trade with the native $NNI coin and purchase other cryptocurrencies. The DEX integrates with VISA to provide a Crypto Visa card that allows users to shop conveniently at over 60 million merchants worldwide. Users earn up to 3% crypto rewards on purchases made with the card.

NeoNomad aims to revolutionize decentralized finance on Solana. Its uniqueness lies in the fact that it is the first DeFi protocol to offer an all-inclusive, integrated ecosystem with features such as:

  • Cross-chain DEX – Allows users to easily buy, sell and swap tokens across Solana, Ethereum and BSC by adding more liquidity from both CeFi (centralized finance) and DeFi platforms.
  • NFT marketplace – Enables users to invest in unique NFTs solutions backed by real-world assets. MinDeFi provides unique gold and silver NFTs backed by physical gold and silver bars, while AgDeFi provides unique agricultural NFTs linked to real-world assets like livestock, crops, and land. MinDeFi supports the mining industry, while AgDefi supports agri-business. Users get what is known as a “multi-layered yield” because they own both a unique NFT and a real-world asset with its own value.
  • NeoNomad Vault eBank – A digital banking platform that enables users to convert cryptocurrencies to fiat currencies and vice-versa. The eBank integrates with a VISA card allowing for immediate transfers, point of sale payments, and more.
  • NeoNomad Yield Farming – Allows users to maximize returns and earn rewards through liquidity mining, liquidity provision, and yield staking.
  • Decentralized Portfolio Management – Allows users to manage and grow their crypto holdings in one convenient platform.

NeoNomad’s IDO token sale, beginning on 1 February, is fast approaching – but there’s still time to join the exclusive whitelist. Head over to the NeoNomad.Finance website to hop on the whitelist so that you can buy $NNI tokens at the lowest price possible.

Don’t forget to join the NeoNomad community to stay updated on the IDO launch and other exclusive giveaways.

To learn more about the project, visit their Twitter and Telegram.

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