FOMOLab, an NFT marketplace, and management agency based on Binance Smart Chain announced today the launch date of its upcoming private sale and Initial DEX Offering (IDO).

As per the announcement, both the private sale and the IDO will be hosted on UpLift DAO, a decentralized platform designed to launch incubate, and accelerate new blockchain projects. The private sale round will begin on May 3 running through May 10, 2022.

Notably, the private sale and IDO will be open to all members of the UpLift ecosystem who meet certain prerequisites. Users with a heavy social media activity like posting a tweet about the upcoming private round and why they are excited about the event have a higher chance of getting whitelisted for the private sale. Participants also need to have staked 10,0000 $LIFT, the native tokens on the platform. Notably, the private sale will open with a ticket size of 1,500 to 10,000 $BUSD tokens.

in addition, participants can also increase their chances of winning an allocation by competing with their Know Your Client (KYC). Participants also need to follow and tag the official Twitter handles of both UpLift DAO and FOMOLab in a tweet and collect a minimum of 50 engagements. 

Commenting on the events, Khalil Kassam, Co-founder of FOMOLab stated:

“We are delighted to be announcing that FOMO Lab has formed a new launch partnership with Uplift as a launchpad for our IDO. Our mission is to bring NFTs to the masses and believe there is no better ecosystem to help us do this than with Uplift as their strong community shares the same synergy and drive for success as we do. We look forward to combining our resources to accelerate the growth of some of our biggest projects yet.”

FOMOLab is transforming the Web3 space by bringing NFTs, the Metaverse, and DeFi. The platform curates NFT collections that are commercially viable for their creators. The platform is notably the first NFT marketplace to showcase NFT bridging technology for ERC-721 and ERC-115 standards.

UpLift DAO is a launchpad and incubator for blockchain projects. The project has become a leading space for retail investors and disruptive projects to collaborate and create a vast community.

Adding on the events, Irine Berezina, Operations Lead at UpLift DAO explains:

 “We at UpLift are excited to work with best-in-class projects and entities such as FOMOLab to foster and support their growth to create long-term success stories. FOMOLab is building innovations to change the landscape of the NFT space and we’re pleased to be a launch partner and bring these IPs and innovations to the masses.”