CadaLabs (CALA) Token Explained | Rise of Decentralized NFT and Crypto Marketplace on Cardano Ecosystem

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Cadalabs is proud to announce the Cadalabs NFTs & Crypto Collectibles Market. It is an NFT and digital collectibles defi platform, existing on the Cardano Blockchain. It is the first Defi platform to accept a native token which enables users to exclusively mint and brand their digital art works.

The development team of CadaLabs has achieved yet another feat by building a successful Cadalabs NFTs & crypto collectibles Market. Soon, the marketplace will have a lot of Arts, Digital products and services by the CadaLabs community with the purpose of making a reputation-based financial-system on the platform.

Cadalabs Protocol

The noticeable rise

The growth of the community has been so remarkable that it has increased more than expected. Cadalabs project was recently integrated into the Cardano blockchain, starting its visionary mission with just about 200+ members in its community and has now grown to over 20,000 members on its social network, however, it is still considered an “under the radar” project.

Cadalabs project is currently growing much higher than expected, and is on the verge of being over-subscribed for its native token pre-sale.

Cadalabs Token (CALA) Utility

  1. Tokens will exist in staked and unstaked forms. Staked tokens will provide users with platform functionality.
  2. Power a Democratized Autonomous Platform (DAP), enabling users to participate in organizational decisions and shape product roadmap.
  3. Allow holders to purchase physical and virtual goods, content, and services in a decentralized marketplace.
  4. Reward digital content creators who generate quantifiable value, determined with the consensus of the community.
  5. Share ad revenue with users who opt-in to see advertisements. By staking more tokens, users can earn a larger portion of the revenue they generate.

The successful Private Sales of CALA tokens

Cadalabs has recorded an impressive success during its private sale, where the project raised a total of about $1,000,000 before initiating its pre-sale.

Currently, aspiring investors can still catch-in-on the opportunity, and are at liberty to purchase CALA Tokens via the projects pre-sale page https://cadalabs.io/presale/

Advantages Cadalabs Pre sale Adopters Have

  1. Cadalabs pre-sale Adopters have the advantage of receiving a 20% bonus of the tokens they purchased during the pre-sale.
  2. Cadalabs pre-sale contributors will receive a special badge attached to their username on the Cadalabs Platform. Plans have been drawn out for the first movers, and this advantage is very necessary when it comes to social networks, and the project team is working hard to see that investors who participates in the pre-sale stand out as early adopters. The badges mentioned earlier will be used as verification badge, this will make it easy to spot the early investors, and can consequently build a better reputation on the Cadalabs platform.
  3. Cadalabs investors who participated in the pre-sale are the Cadalabs market makers and liquidity providers, they are entitled to receive liquidity incentives from every transaction made on Cadalabs platform.
  4. Cadalabs pre-sale investors will enjoy the privilege of being the first set of users to experience the wonderful Beta platform which is almost in completion.

About Cadalabs

Cadalabs NFT market and Social Platforms when fully established will be known as a global community Marketplace for NFT’s, digital contents, good & services with one Native token (CALA Token).

The project team already has in place, a remarkably original Proof of Value protocol that should hopefully allow it to be the first platform to eliminate spam in a decentralized manner, without the need for any central moderators.

Originally published here

Author

Chris Munch

Chris Munch is a professional cryptocurrency and blockchain writer with a background in software businesses, and has been involved in marketing within the cryptocurrency space. With a passion for innovation, Chris brings a unique and insightful perspective to the world of crypto and blockchain. Chris has a deep understanding of the economic, psychological, marketing and financial forces that drive the crypto market, and has made a number of accurate calls of major shifts in market trends. He is constantly researching and studying the latest trends and technologies, ensuring that he is always up-to-date on the latest developments in the industry. Chris’ writing is characterized by his ability to explain complex concepts in a clear and concise manner, making it accessible to a wide audience of readers.