Oddz Finance Announces IDO on Leading Cross-Chain Auction Protocol Polkastarter

By DeFiTiger | Whats Oddz | 8 Mar 2021

Oddz Finance is excited to announce the public sale IDO on the pioneer decentralized auction protocol Polkastarter.

Oddz Finance incepted with the vision of revolutionizing the DeFi derivatives space by introducing smart derivative trading solutions. Since our project’s launch, we have received an overwhelming response from the community on our product and its value propositions. We are grateful to have an amazing community that has stood by us in the early stages of inception. We recently concluded our Strategic private funding rounds with the support of prominent industry legos, and our journey has just begun.

In a nutshell:

  • Oddz finance raised $2.6 million in a strategic funding round to build a decentralized derivative platform to create a seamless option trading experience.
  • Industry backers, including Woodstock fund, AU21, TRGC, NGC Capital, Amensten, X21, GBV, Krypital, EX Network, Momentum 6, Fengshui Capital, Lotus capital, and others, participated in the seed and private rounds.
  • Oddz Finance was oversubscribed by 10x for the strategic private funding rounds.

With the successful conclusion of our funding rounds, we are diving into the next phase of the community distribution round. It’s time to provide the community with a fair opportunity to be a part of our journey by participating in our public distribution sale on the permissionless auction platform, Polkastarter.

The PolkaStarter IDO will take place on 18th March 2021. We will soon be releasing details on the whitelisting process, the number of whitelisted addresses, maximum allocation, and minimum allocation which will be communicated through our social media platforms. Make sure to follow all our social channels to stay ahead of the latest updates and developments.

About Polkastarter

Polkastarter is a permissionless DEX built for cross-chain token pools and auctions, enabling projects to raise capital on a decentralized and interoperable environment based on Polkadot. With Polkastarter, decentralized projects will be able to raise and exchange capital cheap and fast. Users will be able to participate in a secure and compliant environment and to use assets that go way beyond the current ERC20 standard.

About Oddz Finance

Oddz Protocol is a trustless On-Chain Option trading platform that expedites the execution of call and put options contracts, conditional trades, and futures. It allows the creation, maintenance, execution, and settlement of trustless option contracts, conditional tokens agreements, and futures contracts in a fast, secure, and flexible manner.

It employs the synergies of Ethereum, Binance Smart Chain, and Polkadot to unleash the potential decentralized derivatives market. It focuses on building solutions that can propel the DeFi ecosystem by simplifying derivatives trading and enhancing the user experience.

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Whats Oddz
Whats Oddz

Oddz finance is a Multi-Chain Options trading protocol, Which built on BSC, Polkadot & Ethereum. Key Features: Fraction trades, Transparent Premium Calculation, Customized Option Writers, Adequate Liquidity, Inbuilt Oddz oracle.

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