Poolz to Bring IDO Opportunities to Nervos

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As we build out the Nervos ecosystem, we’re collaborating with partners who share our vision for a more connected blockchain ecosystem. That’s why we’re excited to announce our new integration with Poolz, a decentralized cross-chain Initial DEX Offering (IDO) platform, to bring new investment and marketing opportunities to projects building on Nervos.

Raising funds is an important part of building a successful blockchain project. In lieu of an Initial Coin Offering (ICO) and other centralized avenues, many teams look to bootstrap their projects in a decentralized way through IDOs. Once Poolz has built its IDO platform on top of the Nervos Layer 2 using Polyjuice, one of the three key tools of the Universal Passport, current and future Nervos projects will be able to raise money decentrally and gain exposure to investors. The integration will also up Poolz’s community of investors to a variety of promising projects they might otherwise not have had access to. 

“Cross-chain applications are the most critical element for blockchain adoption. This is why Poolz has always worked to be a cross-chain platform and we are proud to say that we’re realizing our vision by integrating widely known blockchain networks such as Nervos,” said Guy Oren, CEO of Poolz. “Our association with Nervos is sure to significantly benefit our community and the projects on Nervos.”

In addition to more exposure for Nervos projects, Poolz-supported dApps will also receive the tools and resources they need to join our ecosystem, which contributes to our vision for a truly interoperable blockchain ecosystem.

“IDOs are an integral part of the blockchain and crypto landscape today, so we’re excited to give our projects new opportunities to raise funds through our integration with Poolz,” said Kevin Wang, co-founder of Nervos. “The Poolz team is a leader in the IDO space, so we look forward to connecting our networks for the greater good of the blockchain ecosystem.”

The Poolz platform is built on top of Web 3.0 infrastructure to assist crypto industry projects in raising funds before listing. The Poolz platform has already integrated with many different blockchains, including Ethereum, Binance Smart Chain, HECO, Polygon, and Avalanche.

Stay tuned for more updates on the Poolz integration.

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