The delivery of the Oasis Network ROSE token accumulated USD 10.5 million in TVL and is now the second largest offering on the US CoinList platform by number of participants.
The initial CoinList token sales platform has revealed that more than 6,700 investors participated in the launch of the Oasis Network „ROSE Garden“ token.
The ROSE Garden token delivery was designed to ensure an equitable distribution of tokens and to attract strong stakes for the launch of the project’s mainnet. It allowed investors to block up to 2,000 USDT or USDC by November 18th for a period of one month in exchange for the Oasis native ROSE token.
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Oasis is a privacy-centric network designed to support decentralised applications and confidential computer processes.
The ROSE Garden token has already accumulated a total blocked value of over $10.5 million, making it the 32nd largest DeFi project by DeFi Pulse.
Blocked stablecoins will be returned and ROSE tokens will be distributed on December 15, and ROSE holders will be able to block their tokens to participate in CoinList’s „ROSE Cultive“ staking program, which will end on May 15, 2021. CoinList will charge a 10% fee on staking revenue.
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The ROSE Cultive programme has insured more than 3,000 delegates based in over 100 countries.
ROSE Garden is the second largest CoinList offering by number of participants, after Dapper Labs‘ community FLOW sale, which attracted over 12,500 investors.
The FLOW community sale also sought to ensure an equitable distribution of tokens by offering all non-US individuals the opportunity to purchase $1,000 of the token at $0.10 each, the same price that was offered to Dapper Labs‘ venture capital investors.
Oasis Labs announces the launch of its Oasis Network mainnet
The community sale of Dapper raised almost $9 million and was held in parallel with a Dutch FLOW token auction that was set at $0.38 per token and raised another $9.5 million.
Oasis Network celebrated the launch of its mainnet on November 19, promising that its privacy features will allow research into under-secured DeFi loans and secure analysis of genomic data, among other things.