CasinoLand has announced that it will be going ahead with private sales to help execute the project more efficiently and effectively. It is important to note that the presale of the project got a very enthusiastic response from buyers. In fact, within two hours, the project was fully sold, which is a testimony of the faith and confidence that supports have reposed in the project.
Since presales ended, the CasinoLand is getting inquiries about the next sales of its token. In response to such a high demand from the prospective investors, CasinoLand has now decided to go ahead with the private sales, which will be live only for a limited period of time. The fund that will be raised during this private sale will be utilized by the company to streamline the project development to meet its stated objectives. In addition, this money will also be utilized to get the token listed on the top cryptocurrency exchanges across the globe. To facilitate the participation of the investors, a fully dedicated user interface has been created by the CasinoLand, which can be accessed during the sales times.
The sales will start on July 30 at 12:00 PM (UTC) and will close on August 2, 2020, at 12:00 PM (UTC). ERC-20 is the platform for sale and 7.5% of the total supply of the tokens will be up for grab at a price of $0.0066. The allocation will happen according to First Come First serve basis, and any payment exceeding the amount will be refunded immediately to the investors’ accounts.
It will be interesting to witness the response to the private sales of tokens by CasinoLand. Going by the enthusiasm shown by investors in the presales phase, this private sale is also expected to yield a good outcome for CasinoLand.