AEX’s 44th ILO project-W22FRA was issued. During July 6th-8th, users who lock up their specific digital assets can share 83,800 W22FRA. W22 now can be traded in the secondary market.
ILO, or Initial Lock Offerings, means that users can obtain tokens of the project by locking up a specific token. This subscription model was first proposed by AEX Global. The only thing you need to do is to lock a token for some time, and then claim another token offered by the ILO project.
The 44th ILO project offers W22FRA(Worldcup 2022 Tokens). Users need to lock up any of their GAT, USDT, AUSD, BTC, ETH, LTC, BNB or DOGE to share 83,800 W22FRA.
W22(Worldcup 2022 Tokens) launched by AEX are the exclusive tokens for World Cup betting. W22FRA represents France and will be settled when the World Cup ends. The other 31 teams in Worldcup will have the representative tokens. It satisfies the need for investment and at the same time enables users to cheer for their favoured teams.
For example, the token for the UK is W22ENG. If England wins, 1 W22ENG in your account will be settled in 1 USDT and if England loses, all W22ENG in your account will be 0. Imagine that a user with 1000 W22ENG and 500 W22FRA(represent France), the user will finally receive 1000U if England wins in the end. In short, the more types of W22 tokens you have, the great chances of your chances of winning will be.
If you are not expecting the win of a team, you can stake your other assets in AEX Loan to borrow the W22 token representing this team and sell high in the secondary market, because when the defeat of a team is set, the value of its W22 token will be extremely close to 0 or even be 0, which means you can redeem your staked assets in AEX Loan with no cost.
Users joining the ILO projects on AEX can obtain tokens without cost! Later on, AEX’s ILO project will add more tokens to satisfy your different investment requirements, please stay tuned!
AEX’s 44th ILO: Claim W22FRA for free by clicking:
Project time: July 6, 16:00- July 8, 16:00(UTC+8), 2022
Rules: https://www.aex.com/announcement/en/blog/2022/07/05/13665.html/
About AEX Global
AEX Global is a cryptocurrency exchange established in 2013 and committed to becoming an international “digital life service provider” to provide 1 billion users with a diversified digital assets management service which is safe, completed and easy to use. AEX advocates safe investment and stable asset appreciation. It provides policy protection for users' assets with crypto licenses and fiat currency compliance. More than millions of users from over 100 countries and areas joined AEX during the past 9 years. 8 international headquarters respectively located in the US, Japan, Hong Kong, the UK, Singapore, Vietnam, France and the United Arab Emirates.