The company has set the size of the staking pool at a maximum of 30 million $ADS, and investors will have an opportunity to invest in the pool between 24th November at 5 pm GMT and 24th December at 5 pm GMT.
This is Alkimi Exchange’s first launch and smart contract deployment. Users will be required to sign up on the Lattice Exchange, where they will get more information about the process of staking on Lattice. They can also learn about it via their Youtube channel.
Alkimi aims at having very few and better adverts on the internet and compensate users for browsing and not abusing them as they currently experience.
The Co-Founder and CEO, Benjamin Putley, said:
The staking pool is the first step on our roadmap and I’m hugely proud of the team for delivering it so effectively. The Bandwidth Pool will establish the bandwidth required to support our Something For Nothing programme, where we are paying publishers NOT to show ads. In Q1 next year, we will start working with the world’s best publishers to show fewer, but more relevant ads. This will allow us to support publishers showing fewer, better ads on the internet. We want to reward users for browsing the internet and with this milestone, we are one step closer to doing just that. Bad advertising broke the internet, let’s fix it with $ADS”.
COO & Co-Founder of Constellation Network and Lattice Exchange, Mathias Goldmann, also added
“We are very excited to see Alkimi Exchange pave the way for a new era of how people are interfacing with digital technologies and the internet through $ADS. This quality increase is driven by utilizing the Constellation Hypergraph in combination with DeFi staking dynamics and NFTs. The results will be a cleaner and better Internet with a sovereign user at the centre.”
This announcement has happened due to recent accomplishments like over 2,100 wallet holders, Unizen and MEXC listings and the unveiling of the AlEx the Alkimist NFT collection.
The staking pool is also combined with an NFT Rewards program that allows those staking to enter into a draw where they can win an NFT. The NFT collection on offer has 500 special NFTs and is accessible to investors who stake at least 10,000 $ADS tokens.
The staked tokens will have a lock-in period of 3 months. The NFT collection will have five different NFTs, including Common and Community NFTs, Ultra Rare, Medium Rare and Rare.
The staking programme is composed of 2.5 million $ADS tokens.
Co-Founder and COO Adam Chorley added that:
“We want to reward the Alkimi Community for staking and holding $ADS, just like they will be when the exchange is live next year. We have an amazing community, and this is to say thanks for all the support they’ve given us this year!”