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An All-in DeFi Platform, NeoNomad Finance is Set to Launch its IDO on Solana Network

An All-in DeFi Platform, NeoNomad Finance is Set to Launch its IDO on Solana Network

Posted Tuesday, January 18, 2022 by
Sophia Cruz • 1 min read

NeoNomad utilizes the power of decentralized finance (DeFi) to promote financial inclusion by delivering decentralized sustainable options to the underbanked and unbanked population.

The NeoNomad decentralized exchange is a non-custodial exchange that leverages smart contracts to cater to trading, and it removes third-party intermediaries from the picture. It is built on Solana, which is one of the fastest-growing blockchains worldwide, and it offers its users decentralized financial services, including staking, lending and yield farming.

Its three-phase ecosystem consists of NeoNomad Decentralized Exchange (DEX), NeoNomad Vault eBank and NeoNomad NFT Marketplace. NeoNomad DEX will easily enable users to trade tokens across the Ethereum, Solana and BSC networks. The eBank offers a virtual bank that allows users to convert fiat currencies into crypto, and the NeoNomad NFT Marketplace will give users access that will enable them to buy and collect NFT digital assets.

The native token of the NeoNomad platform will be the $NNI. It has a total supply of 200 million tokens, with 14% (28 million) of the total supply allocated to the IDO. The IDO will begin on February 1, and it will launch on three launchpads; Solana, Ethereum and Binance Smart Chain.

The advantage of NeoNomad over other platforms is that it is new, and it has a wide range of interoperability. Nowadays, several crypto traders prefer managing and growing their crypto investments on one convenient platform. 

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