On the 23rd of November 2022, Dua.com, the Swiss Startup with 5M+ users, became the first project to start token sales on AlianceBlock’s peer-to-peer participatory funding platform, Fundrs. The sale started at about 17:00 CET on the said date and is expected to conclude at the same time, 17:00 CET, on 14th December 2022.
Dua.com was already well-positioned to take advantage of everything Fundrs offers after listing on the platform recently. With the commencement of its token sale, Dua.com has opened up Fundrs to the DeFi community. Individuals and businesses can now benefit from its various programs.
What You Should Know About Dua.com
Dua.com is officially a Swiss-based startup. However, it has a lot in common with the Dutch-based non-profit organization, Dua Foundation. The similarly named organizations are committed to introducing globally fragmented communities to their DUA Token, helping to power the internal economy and experience of diverse community members.
Speaking about the launch of its token and the plans ahead, Chief Payment Officer at Dua.com, Ardit Trikshiqi, said:
“The launch of the DUA token is an innovation for the matchmaking industry. DUA will enable 5 million users of dua.com and spotted.de to engage in a participative virtual economy that offers a wide range of services and is growing exponentially every day and millions of individuals and businesses, part of the globally fragmented communities that are not being supported by traditional financial providers such as banks and money transfer operators.”
As hinted earlier, Dua.com already has more than 5 Million users. It has also onboarded these users to the cryptocurrency and web 3 scene by introducing them to the Dua token. Together with the dutch-based Dua Foundation, Dua AG will connect people looking for relationships based on values, origin, education, language, and more.
The Dua entities are also committed to promoting an economy that is based on merit. Through their respective apps, dua.com and spotted.de, they facilitate a tokenized experience with a reward system based on in-app activities and user reputation. It is all about participating in a fairer economy, and Dua.com and Dua Foundation are ready.
What the Token Sale on Fundrs Mean
Dua.com started the journey of tokenizing its 5M+ users after raising $4 Million in a Series A round. Now, it has made its token available to the community of Fundrs users. Fundrs, which was created by AllianceBlock, is a key entry point for raising capital. This means dua.com will raise more money by offering select individuals and businesses opportunities to buy its token.
Considering how Fundrs work, it is easy to understand why Dua.com will choose it for its token sales. The AllianceBlock’s funding platform brings together like-minded hopeful investors and businesses/startups. It uses a decentralized infrastructure to help blockchain-based projects and traditional startups (collectively called ‘Seekers’) to receive funding from the platform users (collectively called ‘Funders’). Fundrs will also provide access to a range of financing options that will become available later in a project’s investment cycles. Such opportunities can include peer-to-peer lending, convertible loans, and more.
Wrapping Up
Dua.com chose the perfect platform for its token sales. Its objectives are in line with the new economic system AlianceBlock intends to create with Fundrs. The Dua-powered ecosystem will bring together like-minded individuals, and Fundrs will continue to present opportunities to individuals and businesses with similar objectives. Considering what it has achieved so far and the direction it is heading, it is easy to conclude that dua.com may metamorphose into a big blockchain-based project. Participating in its token sale on Fundrs is, therefore, advisable.
