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- Industry
- Geography
Octoblock is running an ICO like no other as every participant is a winner in its ecosystem. Whereas one lucky winner goes home with a whopping $50,000 USDC, everyone else who participates will receive unending USDC airdrops every week. Moreover, all these happen during its ICO, and the early adopters get the most out of it.
Octoblock is a DeFi protocol of firsts within the Binance smart Chain offering new initiatives revolutionizing the financial systems. It pursues not only profitability but also philanthropy, leading the new DeFi revolution by integrating Game Fi. Octoblock has introduced a new DeFi approach using initiatives packaged to solve various aspects of the platform's objectives. The Crowd Funded Yield Farming initiative (cFyF) imparts profit maximization strategies for investors to reap maximum yields through collaborations for better representation and access to products not available individually. The crowdfunding strategy gives power to investors to chart their wealth generation course by pooling resources.
The platform, through its Tentacle Trust, contributes to conservation efforts, especially geared toward marine life and oceanic-related charities. It pursues carbon reduction efforts and will identify registered entities pursuing the same cause. The investors have the power to identify and vote for organizations they deem fit for the platform's philanthropic efforts. Octoblock allocates 5% of its profits to The Tentacle Trust for these efforts.
The Nautilus Trove is the profit strategy for the investor benefits as most of the profits generated (45%) go back to the investors in the form of USDC airdrops rewards. It further allocates 5% to the Saltwater Sweepstake that offers monthly USDC rewards to holders based on timed snapshots and the amount will be as per percentage of the OCTO token holdings. The managers of the fund have their professional fees catered through a 10% allocation. The Nautilus Trove reinvests the remaining 35% in sustainable projects.
Octoblock's unending rewards are from its ICO, running 14 phases and offering 240 million OCTO tokens. OCTO is currently live in phase four with a discounted $0.038 price and a 12% bonus. Each OCTO token purchase will earn an entry into the draw to be held before launch and reward the lucky winner with a Tesla 2024 model or instant $50,000 USDC. The draw will be a random pick that allows equal chances to all participants. Investors can boost their chances by buying more tokens to earn more entries to the popular draw.
All ICO purchases are recorded and the Nautilus Trove invests them in the high APY ICO staking. The Trove prudently explores other investment options like stocks and arbitrage while cushioning through Beefy Finance. The Trove apportions the yields to various Octoblock activities, with investors getting the most out of the profits. To ensure the investor's passive income generation is profitable and sustainable. The generated profits are airdropped in USDC to all ICO participants in proportion to the number of OCTO tokens held.
Buy OCTO: https://reef.octoblock.io/register
Website: https://octoblock.io/
