[PRESS RELEASE – Tallinn, Estonia, 9th May, 2021]
SuperStarter, the curated token launchpad recently inaugurated by SuperFarm, announced the first project to hold an Initial DEX Offering (IDO), which will be ColdStack, an up-and-coming decentralized storage project that promises to drastically lower storage costs compared to even centralized competitors.
Registration for the IDO whitelist opened on May 4th, at 8 PM UTC, and closed on May 6th at the same time. The token distribution event will occur on May 10 at [time]. To join the CLS token IDO, prospective buyers must register to the whitelist through a dedicated form.
The CLS token is the native token for ColdStack, used for paying platform fees when storing data. The fees are paid by users who store and retrieve their data, and can be awarded to miners who run ColdStack Nodes and store the data. In addition to storage requests, CLS will be required to sign and authorize transactions on ColdStack, as well as pay for NFT issuance an
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