A successful IEO was held on the PointPay Launchpad between 01.24.2023 and 02.07.2023. In cooperation with the Crypto Airlines project, PointPay conducted an initial exchange offering of the CAIR token.
Crypto Airlines is a project aimed at establishing low-cost airlines in the Middle East. The project is based on blockchain technology. With its help, the company intends to create its own ecosystem, as well as achieve simplification of transactions, B2B transfers and build a transparent business structure.
IEO on the PointPay platform was the first, unique opportunity for investors to purchase the CAIR token, which is located on the BSC network. It was sold at $0.2 per token and had a soft cap of $100,000 and a hard cap of $500,000. In total, dozens of people participated in the IEO and approximately 10,000 CAIR tokens were purchased. Soon, CAIR token will be listed on multiple exchanges and priced at $0.25 per token.
Despite the fact that this was PointPay's first IEO, it was a success. Everyone who wanted to participate was able to purchase CAIR tokens within the set timeframe without any problems.
Currently, PointPay is preparing for the next collaboration, which will be announced soon.
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