Cherry’s IEO raised $ 51,978,900 in commitments from 19,735 attendees in 24 hours. That is an oversubscription of 103,957.80%.
After our record of four IDO starts, Cherry Network carried out an Initial Exchange Offering (IEO) in Gate.io from December 25th to 26th. CyberFi Samurai, Seedling, Synapse and Kommunitas before doing their IEO. To say the hype continues with the Gate.io IEO would be an understatement!
The IEO token $ CHER launched on December 25th at 7 a.m. UTC on Gate.io and it quickly became clear that the good mood generated from Cherry’s IDO successes would quickly carry over to IEOs. In a matter of minutes, the IEO was oversubscribed by millions of dollars. By the time the IEO closed on December 26th, 19,735 attendees had pledged $ 51,978,900 million! Gate.io users are yet another example of the excitement surrounding the revolutionary first-layer blockchain from $ CHER and Cherry Network.
The $ CHER token is live!
At Cherry, we are overwhelmed by the support the crypto investment community has given us in expanding our blockchain ecosystem over the past year. The end of pre-sale and subsequent listings on Gate.io, PancakeSwap and QuickSwap is not the end, but the beginning of an epic journey that we hope you will join us in. . Projects and companies are starting to team up to develop decentralized applications in addition to our privacy-protecting smart contract technology, and although token listing is an important step in our success for Cherry-based decentralized application development, it will have long-term value for $ CHER owners increase.
We are once again incredibly grateful to our investors and the entire community for supporting us every step of the way. On December 26th at 10 a.m. UTC, $ CHER was trading on Gate.io (CHER-USDT pair). If you missed your chance to buy $ CHER through IDO or IEO, now is your time to join our community. This is just the first day of the next phase of Cherry’s journey, one that will be fun and productive for all of us!
There are many ways to join the Cherry community, whether you are a large or small investor, developer, or creator looking to join the Cherry ecosystem.
While we are preparing our testnet for launch, many innovators are reaching out to each other to leverage the unique capabilities of the Cherry infrastructure. Potential partners who are interested in a trustworthy, business-ready interface with decentralized file systems can contact us via our social channels or [email protected] to learn more. One of the available options is a slot in our Cherry Labs program in which we incubate innovative startups that build on the Cherry stack.
And if you just want to be part of the vibrant and friendly Cherry community where you want to discuss our vision and be the first to hear about our launch and public sale, please feel free to contact us.
Join the Cherry Community
If the Cherry task of providing really trustworthy distributed file storage for decentralized applications appeals to you, then get in touch with us! Cherry’s technical overview can be examined by examining Cherry light paper.
We have assembled a community of technologists, artists and creatives, and we want you to join. If this speaks for you, we invite you to join our growing community.
Follow Cherry’s official social media accounts, stay up to date on all our news and announcements, and subscribe to the Cherry newsletter.
To learn more about Cherry, visit Cherry.Network