Libera Prepares for Token Launch with Upcoming IDO on Poolz

Libera Prepares for Token Launch with Upcoming IDO on Poolz

By Jakub Lazurek

11 Nov 2024 (about 1 month ago)

3 min read

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Libera is set to launch its token with an upcoming IDO on Poolz, aiming to raise $250K to support growth in emerging markets through AI and blockchain.

Libera, a company focused on creating social, financial, and environmental impact in emerging markets, is preparing for an important milestone with its upcoming Token Generation Event (TGE) and Initial DEX Offering (IDO) on the Poolz platform. Scheduled for the fourth quarter of 2024, these events mark significant steps in the company’s journey as it seeks to expand its ecosystem and increase its influence in the blockchain and artificial intelligence (AI) space.

The TGE will initiate the distribution of Libera’s native token, LIBE, providing early investors with an opportunity to become stakeholders in the project. According to the planned distribution model, 15% of tokens will be unlocked at the TGE, with the remaining balance released through a linear vesting schedule over the following 12 months. This approach is intended to promote long-term investment and provide stability in the token's value, preventing rapid fluctuations that can often occur with immediate and unrestricted token releases.

The IDO on Poolz is another significant element in Libera’s fundraising and community-building strategy. Poolz is a decentralized platform that supports the launch of tokens on the Polygon blockchain, which was previously known as the Matic Network. By conducting its IDO on Poolz, Libera aims to tap into the platform’s extensive network of decentralized finance (DeFi) investors and enthusiasts, who may be particularly interested in projects leveraging blockchain technology to drive growth in emerging markets. The IDO will offer LIBE tokens at an initial price of $0.007, with a fundraising goal of $250,000. A total of 35.72 million LIBE tokens, representing 0.70% of the token supply, will be made available in this round.

Libera’s pre-valuation stands at $35 million, indicating significant confidence in the project’s future potential and market reach. The funds raised from the IDO and subsequent token distribution will likely be directed towards further development of Libera’s platform, which aims to empower micro-retailers in emerging markets by providing them with data and technology to strengthen local communities. Leveraging artificial intelligence and blockchain, Libera plans to support the digitization of small stores and facilitate a secure data-sharing ecosystem, bridging untapped market segments with advanced technology.

This IDO and TGE are critical components of Libera’s growth strategy as it aims to create a comprehensive view of the retail landscape in emerging markets and support local ecosystems. Investors interested in participating in Libera’s IDO can follow Poolz for updates as the company prepares for the token launch. The structure of the token distribution is designed to balance investor interests with the company’s long-term vision, encouraging sustained involvement and supporting Libera's mission to drive positive change in emerging economies.

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