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NewsBTC 2021-10-04 08:00:47

Energy DeFi Protocol, IOEN Announces dual-platform IDO As It Gears Up for Major Launch

The IDO season is not over yet. The past few months we have witnessed busy days as the crypto community was burdened with filling whitelisting forms and participating in community initiatives of upcoming IDO projects. The current state remains the same. This new DeFi energy project, IOEN, is fully invested in making a big splash as it gears up for its upcoming IDO. IOEN is bringing an innovative approach to incentivise the creation of ‘virtual microgrids’ worldwide which will promote the efficient distribution of energy. IOEN will be launching on two platforms in October as part of its IDO launch. Double Launch For IOEN In October The first of these launches is a TrustSwap IDO slated to begin on the 8th of October. Trustswap is a decentralized protocol that aims to empower users in making ‘customizable transactions’ both in DeFi and in the cryptocurrency sphere as a whole. Although it is primarily geared towards enabling smart contract adoption, it also has a native launchpad that has launched 27 projects so far according to its website. Despite the fact that most of the projects listed are by no means crypto household names, they still seem to have seen relatively decent growth on the launchpad with one project called ‘Chain Games’ having grown by 10,200% to an all-time high of $1.03 per coin. Although it has since dropped to a lower price of $0.1478, it is still almost fourteen times higher than its initial $0.01 price. Alon...

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