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Cardalonia (LONIA) Sold 50% of Its Presale Allocation

Thu, 07/28/2022 - 12:12
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Vladislav Sopov
One of first mainstream Metaverse projects on Cardano (ADA) smashed through crucial milestone of its land sale
Cardalonia (LONIA) Sold 50% of Its Presale Allocation
Cover image via www.freepik.com

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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.

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.

Related
Cardalonia (LONIA) Metaverse Announces Land NFTs Sale, LONIA Presale

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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About the author

Blockchain Analyst & Writer with scientific background. 6+ years in IT-analytics, 3+ years in blockchain.

Worked in independent analysis as well as in start-ups (Swap.online, Monoreto, Attic Lab etc.)