Introducing N.Fans (NFS) crowdpooling on DODO BSC on Sep 20th

Dear DODO & N.Fans community users,

N.Fans (NFS) will be launching a crowdfunding pool on the DODO BSC platform at 20:00 (Singapore time) on Sep 20th, 2021.The proceeds will be used to create a liquidity pool for NFS after the Crowdpooling and users will be able to trade NFS with arbitrary BEP20 tokens on DODO.

Crowdpooling on DODO is an equal opportunity way to distribute tokens and establish liquidity markets. The project team provides its project tokens, and sets the token price and the amount of tokens to be issued. Anyone can subscribe to purchase the tokens during the campaign period.

If the overall subscription amount by participants is higher than the Crowdpooling hard cap, then all participants will receive tokens proportional to their shares of the pool at the initial price. At the end of the Crowdpooling period, the corresponding token liquidity pool will be created and open for spot trading.

Crowdpooling Information

Token name: N.Fans (NFS)

Token contract address: 0x489af0a587c2be8a54a0b7d6d4d55df5071755e1c5553a48f4991023269ad6b9

Tokenomics:

Total Number of Tokens Provided by Project Team: 1,600,000NFS

Crowdpooling Token Allocation: 800,000 NFS (0.4% of total tokens)

Crowdpooling Hard cap: 200,000 USDT

Crowdpooling Token Price:: 1 NFS = 0.25 USDT

Personal Hard Cap: 200 USDT

Crowdpooling Link:DODO - Your on-chain liquidity provider.

Whitelist link: https://forms.gle/2sA8ypEtShzEGqhw8

Whitelist effective period:

Opens at 10:00 (Singapore time) on September 15, 2021

Ends at 10:00 on September 19, 2021 (Singapore time)

IDO Starts time : 20:00 (Singapore time) on Sep 20th, 2021

Liquidity protection period: 30 days

Note: After the conclusion of the Crowdpooling campaign, NFS tokens will be immediately sent to each participant’s wallet. DODO will then make the NFS available for public trading for any BEP20 tokens .

How to Participate

Additional Notes on Crowdpooling

  1. Do NOT send tokens to or interact with the Crowdpooling contract address before or after the Crowdpooling campaign. Your tokens may be lost forever and DODO is not liable for any asset losses due to user contract interactions outside the Crowdpooling period.
  2. You can freely adjust your Crowdpooling stake amount at any time before the Crowdpooling campaign ends.
  3. If the total staked amount by participants is below the Crowdpooling hard cap, then all participants will receive tokens normally (i.e. the number of tokens received = the amount participants staked / token price). The leftover tokens will be put into the liquidity pool and become available for spot trading.
  4. If the total staked amount by participants is over the Crowdpooling hard cap, then all participants will receive tokens proportional to their shares of the pool, at the initial offering price. Any difference between the amount participants staked and the actual cost of the tokens (i.e., token price * the number of tokens actually received) is then refunded back to participants.
  5. Note: Due to the flexibility of DODO’s Proactive Market Maker (PMM) algorithm, the opening price, once spot trading begins, can be equal to the Crowdpooling token price, even if the hard cap is not reached. That is, the opening price is not determined by the amount of assets in the resulting liquidity pools. How it works under the hood is that the PMM algorithm truncates part of the bonding curve and assumes that there is a certain amount of buying support in the market. Even if the amount of capital contributed by participants is low, the opening price can still be the Crowdpooling price, and the resulting bonding curve will have a minimum/floor price. Funds staked by users can then push the token price from the minimum price to the Crowdpooling token price.
  6. Participation in Crowdpooling is NOT risk-free. DODO is not liable and will not be offering compensations for any asset losses caused by factors such as project mismanagement, arbitrary and/or malicious token minting, and secondary market manipulation. Cryptocurrencies are a high-risk asset class, so please always proceed with caution and beware of various risks.

II. N.Fans (Token: NFS) introduction:

N.Fans is committed to creating a meta-universe with GameFi and well-known animation IPs. The platform integrates celebrity film and television, globally-recognized animation, games, and more; by utilizing smart contract technology to build copyrights that include intellectual property, products, and digital rights. N.Fans realizes non-fungible tokenization (NFT) for such purposes, and uses them to enable the circulation, confirmation and exercising of rights; in order to build a global, player-oriented aggregation trading platform.

Website: www.nfans.io

Whitepaper:

Telegram: https://t.me/NFansOnline

Twitter: https://twitter.com/NFans_official

About DODO:

DODO is a decentralized trading platform driven by an active market maker (PMM) algorithm. It is characterized by a liquidity pool with high capital efficiency, and supports unilateral token liquidity provision, reduces impermanence losses, and minimizes slippage during transactions. DODO also provides SmartTrade - a decentralized liquidity aggregator that can find and optimally route to various liquidity sources to instantly quote the best price between any two tokens. In addition, DODO also eliminates various restrictions on the creation of new asset liquidity pools, allowing free definition and real-time adjustment of asset ratios, liquidity depth, handling fee rates and so on, thus minimizing the threshold for the issuance of new assets.

DODO exchange: https://app.dodoex.io/exchange

DODO twitter: https://twitter.com/BreederDodo

DODO Medium: https://medium.com/dodoex

DODO telegram: https://t.me/dodoex_official

DODO Discord: https://discord.gg/tyKReUK

DODO Github: https://dodoex.github.io/docs/zh/docs/

DODO Reddit: https://www.reddit.com/r/DodoEx/

September 16, 2021

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