Curated News
By: NewsRamp Editorial Staff
October 08, 2024
Limitless and SALCO Mark Milestone with $9M Token Sale of RWA Token to SALCO
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Discuss on SubstackTLDR
- SALCO gains competitive advantage by leveraging $GEMS tokens for portability, fungibility, and collateralization, unlocking value for illiquid assets.
- Everest facilitates tokenization of real world assets through $GEMS tokens, offering liquidity and multi-billion dollar mining ecosystem access.
- The $GEMS tokenization makes previously illiquid assets accessible, paving the way for a new tokenized future in the mining industry.
- Investing in $GEMS offers access to a multi-billion dollar mining ecosystem, 4X refund policy, 20% APY staking, and referral rewards.
Impact - Why it Matters
This news matters as it demonstrates the growing adoption of tokenized real world assets, opening up new opportunities for liquidity and financial structuring. It also showcases the confidence in Everest's platform and the potential for individuals to access a multi-billion dollar mining ecosystem through $GEMS tokens.
Summary
Limitless and SALCO mark a milestone with a $9 million token sale, highlighting Everest's ability to tokenize real world assets. SALCO opts to structure part of its operation in $GEMS tokens, backed by over $600 million in liquid assets. Launch of $20 million $GEMS tokens announced, available through the EverLaunch platform. Key benefits of $GEMS include access to a multi-billion dollar mining ecosystem, 4X refund policy, and up to 20% APY stake.
Source Statement
This curated news summary relied on this press release disributed by BlockchainWire. Read the source press release here, Limitless and SALCO Mark Milestone with $9M Token Sale of RWA Token to SALCO
