Cadalabs protocols is pleased to announce the completion of their 1 million USD private sale round. Their mainstream solution facilitates the integration of non-fungible tokens and NFT marketplaces into any application.
“We are grateful for the confidence our many visionary investors have shown in Cadalabs. We have been able to leverage their myriad talents as well as investment to gain insights, introductions and advice that continue to help us execute at a lightning pace in growing our community through NFTs and building out our roadmap.
What is CADALABS PROTOCOL?
CADALABS Protocol is the first community-driven NFT platform building a NFT Minting Dapp on the Cardano Network to enable digital artwork collectors mint their works as NFTs and connect them to sellers to trade seamlessly in the future.
CADALABS team developed its utility token dubbed $CALA Token, which enables the community to take part in governance issues. Besides, by holding the CALA token, users can moderate creators, vote on proposals, stake their tokens to earn and curate featured artwork.
Purpose of the $CALA token
$CALA token will be used for the following:
