Root Protocol will launch ISME token via community presale and LBP on February 7th
Root Protocol has announced $ISME token launch on February 7th. $ISME sale will be divided into 2 phases: community presale and Liquidity Bootstrapping Pool (LBP). Presale hardcap is $800K (1% of total supply). Presale price is $0.08, at $80M valuation. Vesting: 25% unlocked on TGE, followed by 3 months linear vesting. LBP start price is $0.54. LBP hardcap is 100M $ISME (10% of total supply). Vesting: 100% unlocked on TGE.
Root Protocol is building a Web3 operating system that will serve as a digital identity aggregator to make accessing different Web3 platforms a more seamless process. Previously, it has raised $10M in a two funding round (last at $100M valuation) backed by Animoca Brands, Shima Capital, DFG Group, Signum Capital and others.
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