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Cardalonia (LONIA) Sold 50% of Its Presale Allocation

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Thu, 28/07/2022 - 12:12
Cardalonia (LONIA) Sold 50% of Its Presale Allocation
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Cardalonia (LONIA), a unique Metaverse project on Cardano with playable tokenized avatars, invites the next generation of NFT investors to the closing phase of its LONIA token pre-sale.

Cardalonia (LONIA) Land NFT pre-sale accomplished major milestone

According to the official statement shared by the Cardalonia (LONIA) team, it sold over 50% of its Land NFTs in the first three weeks of the pre-sale campaign.

In the first three weeks (July 5-July 26), NFT enthusiasts claimed half of $LONIA, the utility token in Cardalonia’s Metaverse ecosystem.

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Each Cardalonia Land token is a Cardano-based non-fungible token (NFT). The coordinates of these tokens can be customized and relocated on the Cardalonia. The tokens, in turn, can be freely traded on all third-party Cardano NFT marketplaces.

The pre-sale started on July 5 and will last for 45 days or until the full cap is reached, whichever comes first at fixed prices: 1 ADA token is equal to 12 LONIA coins.

NFT sale whitelisting campaign is underway: LONIA holders are welcome

Holders of LONIA, a core native cryptocurrency of the Cardalonia (LONIA) ecosystem, can be whitelisted for participation in the Land NFT sale. In order to book a spot, they should stake 7,000 LONIA minimum and have 200 ADA tokens in their wallet.

The snapshot of staking balances will be taken on Sept.1, 2022; The Land NFT sale will start then.

Staking in the Cardalonia (LONIA) ecosystem is carried out through a staking vault. LONIA tokens can be staked with up to 20% in APY. By press time, over 6 million LONIA tokens have been staked, while 175 active wallets are participating in staking operations.

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As covered by U.Today previously, Cardalonia (LONIA) is a newbie-friendly Metaverse ecosystem on the largest proof-of-stake (PoS) network, Cardano (ADA). Its economics is underpinned by native cryptocurrency LONIA (on the top of the Cardano blockchain) and tokenized Land plots, Cardano’s NFTs.

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