NewsSecurity

SLUSH Launchpad Opening Imminent, First IDO Set to Commence

1 Mins read

*City, Date* – On January 16, 2024, at 21:00 PM UTC, SLUSH Launchpad is gearing up for its grand opening, marking the initiation of the first Initial DEX Offering (IDO) on the mainnet of the 3rd generation blockchain, SASEUL, with its native coin SL.

The SASEUL mainnet introduces innovative technologies to overcome the limitations of scalability, decentralization, and security inherent in traditional blockchains. Core technologies of the SASEUL blockchain include the HAP-2 (Hypothesis Authentication Process) consensus algorithm, storage space problem resolution, and a dual-chain mechanism. Presently, it has evolved into a globally scaled blockchain network with the participation of approximately 30,000 nodes.

SL, mined on the public blockchain SASEUL, is set to conduct its IDO on the SLUSH launchpad platform developed by the blockchain fintech startup Seoul Labs. Seoul Labs utilizes the SASEUL blockchain engine and mainnet for crypto project discovery and solution development, fostering the involvement of diverse DApp projects within the SASEUL blockchain network.

Previously limited to P2P transactions, SL has faced occasional instances of compromised transaction stability and reliability. The anticipation for SL’s first IDO on the SLUSH launchpad platform is exceptionally high, considering the clear market demand for improvements.

A representative from Seoul Labs stated, “The SLUSH launchpad platform will not only host the SL IDO but will also organize various events. Moreover, a multitude of crypto projects served by the SASEUL blockchain will continuously debut on SLUSH.”

Furthermore, they added, “With the SASEUL mainnet as the core solution, Seoul Labs anticipates the entry of various types of DApps into the market. We expect these projects to make a significant impact.”

Source

1409 posts

About author
Harry is a crypto enthusiast and experienced trader with a track record of success. With a deep understanding of blockchain technology, he has analyzed market trends and identified profitable opportunities, resulting in impressive returns. Harry 's expertise lies in developing effective trading strategies that leverage the potential of cryptocurrencies. Through his articles, guides, and educational resources, he shares his insights and knowledge, helping individuals make informed trading decisions. With a keen eye for market patterns, Harry has navigated the volatile crypto landscape with confidence. Stay tuned for valuable perspectives and expert advice from Harry as he contributes to the Ailtra platform.
Articles
Related posts
CryptoNews

Indonesia's presidential elections pose uncertainty for the thriving cryptocurrency industry

1 Mins read
Indonesia, has emerged as a formidable player in the global cryptocurrency space in recent years. However, the nation’s upcoming general elections in…
BNBCryptoNews

Understanding the Cryptocurrency Boom - Dogecoin Climbs Due to X Payment Integration, While Stellar and BNB Also Experience Growth

1 Mins read
The cryptocurrency market has been experiencing notable gains over the past few days. This is led by an unexpected and surprising spike…
CryptoNews

Crypto Entrepreneur Charged with Defrauding Investors Out Of $150 Million Through Marketing Scheme

1 Mins read
Federal prosecutors have charged a German businessman with securities fraud, wire fraud and money laundering for allegedly scamming over 150 investors out…

🚀 Ailtra Crypto Bot Earned $8.9M Million in 7 Months with 0% Loss!

🚀 Ailtra generated $7.4 in 7 months only!

Unlock 20-75% Monthly Returns & Get $100 FREE!

Meet Ailtra Bot! Launching on 31st March an AI Crypto Bot boasting 20%-75% monthly gains and $7.5M earnings in 7 months. 💸Secure a FREE $100 bonus and up to $20K potential via referrals every month. 🎉Only 1,000 spots are available in first phase – claim yours fast! 🔥

Ailtra.ai will not disclose your account information to any 3rd parties.