Sydney, Australia, September 16, 2021: Amasa is thrilled to announce its dual IDO will be hosted on Trustpad and Chainboost from Tuesday, September 28, to Thursday, September 30, 2021. Plus, as part of Amasa’s community engagement campaign, a pre-IDO NFT release of wrapped $AMAS tokens will be offered via Genesis Shards’ Genpad launchpad on September 23.
This is a milestone in Amasa’s journey to harness micro income streams for users everywhere. Amasa is unleashing the potential of Web 3.0, a new generation of Internet applications and platforms incorporating blockchain and other technologies that facilitate decentralization, open and permissionless networks, and greater ownership of data.
This dual IDO will be the first opportunity for the public to acquire the $AMAS governance token, which will enable holders to drive the project’s future direction by submitting and voting on proposals to guide platform developments like new portfolio options, adjustments to fees and rewards, and treasury fund deployment.
$AMAS will be listed on Uniswap and be accessible to the broader crypto community after the dual IDO.
In all, 3.75 million $AMAS tokens will be offered at $0.08 apiece through the three powerhouse launchpads. Genpad will handle 16.7% ($50,000) of the $AMAS allocation, while Trustpad and Chainboost will each manage a 41.65% allocation ($125,000).
Will Birks, core contributor of the project, said:
"Amasa is being built to help make Web 3.0 and DeFi more accessible and valuable to anyone. Wealth decentralization is our driving purpose. We want more value from online activities for the 99%, and less captured by the 1%. Our aim is to provide a user-first model that helps anyone get the benefits of Web 3.0 and DeFi without having to navigate all the complexity. This remains a constant value proposition in a hyper-rapidly evolving space."
Amasa provides a way to combine, stabilize and amplify micro income streams, which Web 3.0 apps pay to users for their online activity. This activity includes play-to-earn gaming, ad viewing, data sharing, content creation, sharing CPU computational power through the cloud and engaging in professional network interactions. This creates a new type of investment ecosystem for Amasa’s users as well as a new significance for micro income streams.
Amasa is building a way for users to aggregate micro income streams in one account, shield assets from market volatility by automatically swapping deposits into stablecoins and adopt community-endorsed DeFi investment strategies for effective wealth-building. Specifically, Amasa will utilize Chainlink’s Keepers and the Polygon-powered QuickSwap decentralized exchange to perform auto-swaps, ensuring a fast and low-cost process that requires no management by users.
Amasa will provide $AMAS holders who stake their tokens with access to governance functions such as voting on proposals. In this way, Amasa will encourage its users to be active participants in the journey of shaping the entire Amasa community’s financial future.
For more information about Amasa and $AMAS, please visit the project’s official website.
About Trustpad, Chainboost and Genesis Shards
TrustPad was founded to aid the growth of the blockchain ecosystem in a safe and sustainable way. A "quality, not quantity" approach ensures that projects launched through TrustPad have real, long-term value.
ChainBoost is a decentralized launch platform powered by ChainGuardians. Its community and team believe in the disruptive potential of NFTs, gamification and DeFi within the technological and financial industries.
Genesis Shards is a decentralized ecosystem powered by Polkadot. It redefines NFTs as DeFi options, creating a permission-less environment of interchain liquidity for pre-IDO tokens.
About Amasa
Amasa’s mission is to connect millions of users to Web 3.0 and DeFi to improve their financial situations. The project is driving adoption of platforms that reward participants with micro income streams for their gaming, time, energy, attention, content, data and interactions.
Amasa is building the world’s first micro income stream investment app. The Amasa app will make micro income streams easy to capture, combine and access as a stabilized income, then amplify through user-selected DeFi investment options. Combine. Stabilize. Amplify. All in the background of everyday life.
Contacts
- James Herlihy
- james@amasa.io