LENA Network, a leading GameFi NFT decentralized application, announced on the 19th that it has completed a $1.5 million financing round with investments from DWF Labs, Alchemy Pay, and Draper Dragon. At the same time, it announced the launch of a new token, $CANDY, through an Initial Farm Offering (IFO).
The IFO sale will take place from February 28th to March 6th, 2024, with three stages: private sale, whitelist, and public sale. LENA Network’s financing round signifies a significant milestone and highlights its commitment to advancing permissionless DeFi innovation.
LENA Network has achieved several important milestones, including the completion of two testnet programs with over 175,000 participants, confirming its position as a top dApp in the ecosystem. The introduction of the $CANDY token provides token holders with strategic advantages in the Web3.0 liquidity landscape. With increasing demand for digital assets, $CANDY holders can utilize LENA’s platform for liquidity activities such as lending, participating in GameFi asset auctions, and exploring cross-platform purchasing environments.
LENA Network is launching a groundbreaking NFT auction platform that facilitates connections and community development among enthusiasts, creating economic opportunities in a permissionless manner. The platform will feature a series of renowned NFTs and provide unique lending opportunities once launched on the LENA Network mainnet.
The launch of $CANDY places token holders at the forefront of the digital economy, enabling them to maximize their potential within the LENA Network ecosystem. Additionally, $CANDY holders will benefit from future opportunities to convert to $LENA tokens and enhanced token utility, including revenue sharing.
The introduction of $CANDY reflects LENA Network’s gratitude towards the community and testnet participants. The Fair Launch will be divided into three stages, each offering unique benefits and rights for participants.
LENA Network invites the community to follow official channels and join the conversation on Telegram to stay updated and prevent potential scams. For more information about LENA Network and the $CANDY Fair Launch, please visit the official website or contact the team.
About LENA Network:
As part of the Blast ecosystem, LENA Network is revolutionizing the GameFi NFT space, starting with NFT collateralized loans and evolving into a decentralized auction platform. The platform aims to bridge Ethereum with the ecosystem, facilitating asset liquidity and fostering innovation.
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