Top 5 ADA Cardano ISPOs for April
Cardano it’s a longtime favorite project Of ours at the channel it’s making a lot Of moves lately as well as we outlined In a recent video they’re taking Advantage of a new funding technique for New projects on their protocol this is Called an ispo We’ll get into the meaning a little bit More in this video but the reason is Basically because ada has so many Dedicated stakers on their platform and Most importantly if you’re already Hodling ada and you believe in the Ecosystem then really it’s one of the Best ways to help new projects grow and It’s low risk for you as well alright so Stick around in this video we’re taking A deep dive and a look at five Ispos that you should know about on Cardano [Music] Hey everyone my name is matty and this Is altcoin buzz we are first and Foremost a crypto investment research Company we’ve been in this space now for Over six years and we’ve been making Investors pretty happy since all the way Back in 2017. We have documented many 100x returns on Coins and tokens that are top projects Today really before anyone else was even Talking about them and if you want to See our detailed process for researching Such projects then our new and improved
Altcoin buzz access group is for you if You’d like to learn more check out the Link in our description below membership Start at 99 Per month and as a friendly reminder We’re expressing our own enthusiasm some Of our own opinions here some of our own Portfolio strategies but none of this Should be considered official financial Or investment advice okay so what Exactly is an ispo the acronym stands For initial stake pool offering and we Talked about it extensively in our Previous video shown here it’s something That’s specifically designed to help new Projects in the ada ecosystem how Well an ispo does the following first of All number one it uses some of your Staking rewards to help fund the project Number two it promotes decentralization By giving smaller validators a chance to Take part with fair incentives and Number three staking more ada across More validators increases security and The performance of the network so you’re Trading away some of your staking reward For the project to use in exchange for Fundraising but not just that it’s Non-custodial as well that means that The ada that you put into the stake Stays in your wallet and in your control Only the rewards move to the project for Their funding and it’s a pretty smart Strategy therefore when you think about
It if you already like cardano so that Context now firmly in place let’s take a Look at five projects that we’re pretty Excited about that are using this Technique in the cardeno ecosystem Project number one akam x this is a Decentralized exchange on cardano where You can swap or stake easily their Native token is ocx and occam will run On a cardano evm on a side chain for Both speed and compatibility and the Chain is milkomeda c1 it’s an ispo That’s different from most this one has A one year time frame so it started last September and goes through until this September 2022 and when the distribution Period starts in early september there Will be a 12-month vesting schedule so No one can dump their coins into the Market right away this all seems to be Working for occam x they have already Seen 53 stake towards their goal with Over 8 500 different investors choosing To delegate some of their rewards to Occum it’s 18.5 million ada already and The delegators or investors will receive 10 million ocx and investors are already Claiming 5.2 million of those 10. as far As tokenomics go occam x’s pitch deck And white paper really don’t mention as Far as we can see a maximum supply of Ocx but they do mention a burn program Of protocol revenue that cuts in half Quarterly starting from 50 in q1 25 in
Q2 12.5 In q3 and 6.25 in q4 and beyond at least For now and right now 20 of ocx goes to The founding team while 30 goes to the Community for staking and 50 goes to the Ecosystem development fund and occam Also has another utility token occ which You can buy and stake as well right now If you so choose all right moving right Along to project number two we’re taking A look at empower this is cardano’s First realfi platform so that’s real Estate using d5 techniques to increase Inclusion and they use sustainable Building techniques to build greenhouses In africa it’s definitely a cool project And it’s not a charity instead they’re Working specifically the underserved Mortgage markets in order to create Great deals for all and to get more Africans actually owning their homes and Their ispo for their emp token is going On now it started actually in october The offer is two percent of the total Supply or 4 million emp out of 200 Million total and unlike most ispos that We’ve seen so far the end date on this One is when they have sold all four Million tokens whenever that is and one Ada is 0.0034 Emp per five day epic those who stake Longer so more than 10 epics are Eligible for bonus rates or more emp and Another way to earn bonuses is to buy a
Founding community nft one difference However in this ispo is that you’re Giving up all your ada rewards for it Not just part of them looking at Tokenomics now emp has more than 60 of Its tokens available to the public which Includes this ispo again the total Supply is 200 million and here’s the Breakdown 13 of that goes to empower the Team and private sale to insiders 10 is For public sale two percent as we Mentioned is for this ispo five percent Is for operations fund for the beginning Of operation with the rest returned to The housing pool ten percent for the Innovation fund to fund the ecosystem And sixty percent to the housing pool For project sales and financing there’s A detailed description of the vesting Schedules that include six months for The ispo and the public sale and the Other groups have vesting schedules of Either three or five years you can only Buy directly from emp as part of the Ispo for now since the public sale is Over and the tge the token generation Event just took place in march and the Only public place to buy is the ispo All right moving right along to project Number three we are considering flick to Which calls itself a community media Incubator or decentralized media the Creators and voters can earn ada and Native flick that’s f-l-i-c-k tokens for
Their creations and for voting for best Projects on the platform and then those Best projects get funding from the Platform to grow their media business Completely community led you’re eligible For nft airdrops as well the ispo is Going on right now and like empower all Your staking rewards are going to flick To here you’re going to get flick at a Rate of 0.33 per ada per epic and they Have a minimum investment of 100 ada and They offer bonuses too if you hold on For more than 20 epics at least 40 Percent of flix supply is available as Part of this ispo and these higher bonus Rates are available for a couple more Weeks until probably about mid april Then the reward bonuses are planned to Decrease flick 2 tracks these things on A pretty nice dashboard where you can Actually see and calculate your reward Progress you can find all of this on the Flick to dot io website all right let’s Talk tokenomics so 60 Of the total supply which by the way is 5 billion 60 of that or 3 billion are Available to the public fifteen percent Is for the treasury while another Fifteen percent and ten percent are for Partners investors and the team and the Marketing and operations respectively The white paper says a full fifty two Percent of the 60 for the public is
Available in this particular ispo now The last two groups have a 10 month Vesting schedule and the marketing and Operations part they have a three month Lock up better than none but less than Most other protocols offer that should Be noted with such a high percentage of Tokens available and a commitment to Selling them all before closing the ispo You can probably expect the ispo to last A while and you can expect it to be the Only place where you can buy flick for a While too at least that’s most likely The case all right next up and at number Four we are looking at genius yield This is a yield optimizer and apps like This are in the business of searching For the best yields or finding other Ways to bump up the yield without Increasing the risk you incur the ispo Started in mid-december and runs for six Months so until mid-june and of the 100 Million total supply 10 or 10 million Native tokens gens that’s g-e-n-s 10 Are currently available after the ispo Completes in june the gen’s tokens don’t Airdrop until january and june of 2023 Which is a long wait and one of the gens Approved pools is a 50-50 split between Jens and aydah but the others are 100 of Your ada rewards going to fund gens Let’s talk tokenomics so only 32 between Liquidity and rewards of the tokens
Available to the public outside of the Ispo is 10 This is one of the lowest numbers we’ve Seen in this format and given the length Of the ispo it kind of looks like That’ll be the only way to buy gens gens Once again for at least some time and Finally now last on our list we are Considering project number five astarter Which is both a dex and an ido launch Pad their goal is to be the full service Defy hub for cardano and they’re doing Something pretty interesting as starter Maybe it’s pronounced a starter probably Is consulting their or the cardano Community about how to set up their ispo Because it’s not ready yet emergo who is The team behind the native yeroy wallet Is the team behind a starter too and This definitely gives the project a Pretty substantial credibility boost Take this tweet and poll for example Where they asked ada stakers what they Think of ispos and if a starter should Do one you can see that about 65 were in Favor and said yes that they should do One and you know what a starter Definitely listened to comments in the Thread about important parts of the ispo Things like support for single pool Operators which promotes Decentralization in the network they Acknowledged the benefit to people like Americans who thanks to kyc requirements
Often can’t get into a conventional ideo Launch and they also listen to all kinds Of comments about delegating tokens Between the pools so a starter is Considering these and even more elements On how to set up their ispo and we’re Going to be back very soon with more Details on when it finally becomes Available but we have somewhat high Hopes for this one we are cautiously Optimistic so there you have it cardano Really is smart in our opinion to Incorporate staking into fundraising With this particular mechanism just look At how much ada is in staked pools there Already and these pools by the way offer Different opportunities like a fixed Six-month period or an unending ispo or Working with a dex content creation Platform or real estate finance there Are lots of options here guys if you Like hearing about these new mechanisms These new fundraising dynamics and Methodologies ispos and other kinds of Methods be sure to like and subscribe to Altcoinbuzz also hit the bell that way You receive notifications and you’re up To speed with all of our latest content Never financial advice but best of luck If you do choose to invest check out These other couple of videos which Should be popping up right about now Stay safe out there first and foremost And as always we do hope to again soon
In our next video Take care You
