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First IFO PancakeSwap on Aptos - $MOVE BlueMove is an NFT p | DeFi - news, reviews, articles

First IFO PancakeSwap on Aptos - $MOVE

BlueMove is an NFT platform on the Aptos blockchain. Investors include Altonomy, Galxe, Cogitent Ventures, and PolkaBridge. The funds are little known, but the hype around Aptos will help make X's.

Details:

> Price: $0.04 per CAKE.
> Unlocks: 40% of tokens will be issued immediately, the other 60% linearly over 90 days.
> Issue: 300 million MOVE. There is a 3.33% allocation to the IFO.

To participate, you will need to hold a CAKE on the Aptos blockchain. Then, you will have to deposit the CAKE into the pool. The more you sock in, the more allocation you get. But given the demand, for $200 in CAKE, the allocation will be $1.Read more.

In the beginning, there will only be 1.83% of the supply on the market with a capitalization of $220k. Even for alts on Aptos, that's pennies. I expect 5-10x.

It's worth participating, but consider the risks. After the sale, the price of CAKEs will drop. And you need a lot of CAKE to participate.