Digital Asset Platform CoinList Announces Agoric Token Sale

The team at digital asset platform CoinList notes that they are pleased to announce that registrations for the Agoric Token Sale are currently open.

Agoric is a proof-of-stake or PoS chain utilizing JavaScript smart contracts to quickly create and launch decentralized applications (dApps).

The sale ‘begins on December 29, 18:00 UTC and includes two public sale options,’ outlined below:

Option 1:

• Date: December 29, 18:00 UTC
• Price: $0.80 per token
• Asset: BLD token (Cosmos)
• Min/max: $100 min, $1000 max
• Lockup: Tokens “unlock 6 months after the sale date on or around June 29, 2022, followed by a 12 month linear release.”
• Supply: 45M

Option 2:

• Date: December 29, 23:00 UTC
• Price: $0.65 per token
• Asset: BLD token (Cosmos)
• Min/max: $100 min, $1000 max
• Lockup: Tokens “unlock on or around November 1, 2022, followed by a 12 month linear release.”
• Supply: 25M

The registration “deadline for the Agoric sale is December 26, 23:59 UTC,” the update confirmed.

JavaScript Smart Contracts

As explained by the CoinList team, Agoric is a proof-of-stake chain utilizing JavaScript smart contracts to “rapidly build and deploy Dapps.”

Specifically, Agoric is “uniquely positioned to tap into the 10+ million JavaScript developers across the world by enabling on-chain smart contracts to be built in a hardened version of JavaScript.”

This results in “faster development times, fewer errors, and more efficient development practices,” the update noted.

Here are some reasons that CoinList claims it’s excited about Agoric:

• An open crypto ecosystem: The Agoric ecosystem “has two tokens: BLD and RUN. Only the BLD token is available for purchase.” The BLD staking token “secures the network and is used for governance.” The RUN token is “a stable token used to execute chain services (e.g., gas), implement smart contracts on-chain, and support cross-chain activity.” The tokens “serve separate purposes in order to prioritize network security and scale the ecosystem.”
• Rapid dapp development with smart contract components: The Agoric platform and chain “enables developers to rapidly build and deploy Dapps, including DEXs, OTC desks, and NFT marketplaces, by leveraging third-party components.” The smart contract components are “audited, battle-tested, and can be quickly imported like any standard npm (node package manager) install.” This “saves developers’ time and resources, and prevents re-entrancy attacks and other common smart contract bugs.”
• Unlocking cross-chain assets: With the Inter-Blockchain Protocol (IBC) enabled on Agoric, projects can “utilize Agoric smart contracts with native cross-chain functionality.” This opens the doors to cross-chain liquidity, “providing users and businesses with extensible commerce opportunities.” In collaboration with the Cosmos interchain community, the Agoric team “supported IBC development through launch.”