Nexade Prepares for Token Launch and Distribution

Nexade, a platform that bridges traditional trade finance with decentralized finance (DeFi), is preparing for its highly anticipated Token Generation Event (TGE) and subsequent token distribution on December 22, 2024. This event marks a significant milestone for the project as it advances its mission to provide stable and reliable returns through blockchain-based trade finance solutions.

The Nexade token (NEXD) will be officially launched as part of this TGE, offering participants a chance to join an innovative platform focused on real-world receivable financing assets. The TGE is set to distribute 30% of the allocated tokens immediately upon the event. The remaining tokens will follow a linear vesting schedule over 12 months, ensuring a measured and sustainable token release. This structured distribution approach reflects Nexade’s commitment to stability and long-term growth for both investors and the ecosystem.

The TGE and token distribution are closely tied to Nexade’s activities on DAO Maker, where the platform has already conducted its Strategic Holders Offering (SHO). This SHO, running from December 13 to December 20, 2024, aims to raise $1.5 million, offering NEXD tokens at a price of $0.07 each. The SHO allocates 21.43 million tokens, representing 2.14% of the total supply, and reflects a pre-valuation of $70 million. This pricing and distribution strategy positions Nexade for a balanced entry into the DeFi market, aligning with its broader roadmap and goals.

With the TGE set to occur just after the SHO, participants will benefit from the initial distribution phase. As Nexade enters this critical phase, the project is focused on ensuring transparency and equitable access for all stakeholders. The linear vesting schedule over a 12-month period is designed to mitigate market volatility, providing long-term support for the token’s value and ensuring that the platform can grow steadily over time.

The upcoming TGE and token distribution represent a crucial opportunity for Nexade to further its mission of redefining trade finance through blockchain technology. With its structured release plan, strategic partnerships, and innovative approach, Nexade is positioned to make a significant impact in both the DeFi and traditional finance sectors. Investors and supporters are encouraged to stay informed and actively participate as the platform enters this transformative stage.