FLUUS to launch presale on FantomStarter launchpad
FLUUS, a crypto payment startup, has announced its upcoming presale for its native token, FLUUS, on the FantomStarter launchpad from May 2 to 23.
This presale allows investors to acquire FLUUS tokens before listing on cryptocurrency exchanges from May 24.
FLUUS forays into crypto payments
FLUUS aims to simplify the process of entering and exiting the crypto space for newcomers. It provides a seamless fiat-to-crypto on- and off-ramp, allowing easy switching between regular fiat and cryptocurrencies. Moreover, there is an option for users to convert crypto to fiat.
In this way, users can purchase items online using cryptocurrencies, all while allowing users access to a range of web3 services, including token swapping and staking.
FLUUS aims to facilitate global access to the blockchain and make cryptocurrencies more accessible worldwide, particularly in emerging markets.
It offers two flagship products: FLUUS Pay is a compliant and regulated crypto ramping service delivered through partnerships with fintech operators and money transfer networks. FLUUS Auth is a standard developer kit (SDK) allowing builders to integrate with their applications for secure and user-friendly onboarding seamlessly.
Ahead of the presale, FLUUS swiftly surpassed the required quorum of 1m votes to secure a listing on FantomStarter in two days. It follows the success of FLUUS’ first presale on AllianceBlock’s Fundrs platform in March.
Accrued funds will allow FLUUS to develop its products further and expand its crypto-to-fiat on- and off-ramping platform to a global audience, enhancing access to web3 and making cryptocurrencies more accessible.
The FLUUS presale
FantomStarter, known for supporting cutting-edge web3 projects on the Fantom blockchain, which allows users to participate in the non-fungible token (NFT) and token sales before it goes public, will host the FLUUS presale.
Early investors on FantomStarter gain privileged access to native tokens. In the case of FLUUS, early investors will get rewards once FLUUS’ staking programs launch. With a maximum supply of 1b tokens, FLUUS will serve multiple purposes within the FLUUS ecosystem.
It offers fee reductions to developers who integrate FLUUS into their decentralized applications. It is also collateral for on- and off-ramp partners, protecting users against fraud cases and disputes.
Additionally, FLUUS will be rewarded to retail users as yield for providing liquidity to FLUUS liquidity pools or staking FLUUS tokens.
Moreover, the token holds governance power within the FLUUS DAO, granting holders voting rights.
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