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Cadalabs has kicked off phase 2 of the CALA token pre-sale before the planned NFT Marketplace launch, which is scheduled for 15th December 2021.

The Cadalabs NFT Marketplace will include amazing features like seamless user onboarding, confirmation speed, and lower transaction fees to attract more creators and collectors in the Cadalab ecosystem and also for advertisement.

Other Cadalabs NFT Marketplace features include swap tokens, Auctions, Buy/sell NFTs, Mint your artwork, and build a profile.

A total of 10 million CALA tokens will be available for the pre-sale.

CALA tokens will be available at a rate of 0.25ADA per token.

To allow everyone to participate, the minimum tokens that one can purchase will be 300 ADA and a maximum of 15000 ADA.

There shall also be a bonus reward for tokens bought at each stage and a 5% bonus for three days starting from Nov 1 to Nov 3 in the pre-sale phase II.

Cadalabs is expected to launch its NFT Marketplace after the pre-sale exercise.

Cadalabs Protocol, a first-of-its-kind community-driven NFT platform that enables digital artwork collectors to mint their work as NFTs and connects them to the sellers to trade seamlessly in the future.

The Cadalabs team enables the community to take part in governance issues by using its utility token, the CALA.

Additionally, users will be able to stake their tokens to earn, curate featured artwork, moderate creators, and vote proposals by holding CALA tokens.

Cadalabs also has plans to support decentralized finance (DeFi) projects besides enterprise applications through swaps, grants, and other forms of investments.

The post Cadalabs kicks off the second phase of CALA token pre-sale ahead of its planned NFT marketplace launch. appeared first on Invezz.

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