Soon the well-known crypto exchange FTX will hold a new one initial exchange offering (IEO)† This gives you the opportunity to participate in crypto projects early on. This time it’s CRIPCO’s turn, a project that focuses on the non-fungible token (NFT) world. You can read more about this in this article.
#FTXIEO † CRIPCO ($IP3) IEO on July 8, 2022 at 13:00 UTC!@cripco_official aims to build an NFT ecosystem where everyone can create secondary content and merchandise using the platform’s tools.
👀 Learn more: https://t.co/S8eEil5br5
👉 Participation: https://t.co/3IISt7Exsg pic.twitter.com/CUPoOIccMI— FTX (@FTX_Official) June 28, 2022
Buy, sell and create NFTs with CRIPCO
CRIPCO is a Solana (SOL) built NFT platform. This includes intellectual property, or intellectual property (IP) central. The goal is that companies, artists and other parties that own IP can share it with a community of creators.
These creators can create merchandise and all kinds of other content with this IP. The way the IP market works today, this is almost completely impossible. For example, complex agreements have to be made before someone is allowed to use a company’s IP.
With CRIPCO, this process is largely automated. “At CRIPCO, we seek to transform the way IP businesses are run by building an ecosystem of decentralized hubs where everyone can create, consume and monetize each other’s IP,” the team said in a Medium post†
FTX holds CRIPCO IEO
CRIPCO consists of several parts. This allows users to create NFTs within an integrated tool. In addition, there is an NFT marketplace that charges lower transaction costs than what other marketplaces usually do. Finally, there is a decentralized autonomous organization (DAO) which will include such IP companies that will ensure the quality of content within the ecosystem.
On July 8 at 3:00 PM Dutch time, FTX users will have the opportunity to participate in the IEO of the IP3 token, the utility token of this ecosystem. Don’t have an account with FTX yet? Then quickly click on this link to participate in the IP3 token sale!
Want to talk about CRIPCO, the FTX IEO and everything about this exchange? That is also possible. Then take a look at the Dutch Telegram group of FTX through this link† Updates about CRIPCO sales will also be shared there, so you stay fully up-to-date.