EO Token TGE
In our previous post, we outlined an overview of the EO token and its importance within Elevado.
Today, we are pleased to announce the EO token TGE.
The TGE will take place on Friday, December 5th at 2:00 PM UTC, on Ethereum Mainnet.
The Intersection Between Elevado and EO
EO tokenholders are vested with governance rights enabling participation in private discussions and voting polls concerning the structural and economic design of proposed asset primitives – such as Cipoal, Elevastrat, EGA, ESA, Ethertower and Sereno Street four fund-native assets.
In turn, EO consists of 999 ERC-721 tokens that provide holders with pre-ICO whitelisting and governance to all asset primitives launched by Elevado.
Structurally, the EO token is central to Elevado’s architecture, granting tokenholders a key role in setting the economic parameters of Elevado-originated asset primitives and in taking part at the earliest stages of their capital formation.
In other words, EO tokenholders help shape how these asset primitives are economically designed and gain early access to the processes through which their capital foundations are built.
Understanding EO Token TGE
Elevado’s asset primitive origination is designed to prioritize broad, population-level capital formation and asset distribution. This is pursued through pre-ICO events restricted to EO tokenholders.
Taking this as a starting point, the EO token TGE is envisioned as fully public and fair, with no pre-investors, no pre-allocations, and no whitelisting. All the 999 EO tokens will be available at TGE, on a first-come, first-served basis.
As a result, by distributing 100% of EO tokens publicly and organically, Elevado theoretically benefits from hundreds of independent participants rather than a concentrated set of investors.
Architecturally, Elevado requires this social and capital structure as a key fundamental to fulfill its vision: originate Ethereum’s next generation of asset primitives grounded in a broadly dispersed, population-level capital network and asset distribution.
The Event
The EO token minting will take place via elevado.xyz or directly via the token contract. A guide for interacting with the contract will be provided at launch.
Launch Parameters
- Total supply: 999 ERC-721 tokens
- Mint price: 0.07 ETH per token
- Distribution: Entire supply available for public mint; no lock-ups, no vestings
- Minting per transaction: 1 token
- Per-address limit: None (unlimited transactions permitted)
- Chain: Ethereum Mainnet
It is important to note that: (1) participation in the pre-ICO events of Elevado’s asset primitives is restricted to EO tokenholders, and (2) each address’s allocation in any pre-ICO event corresponds to the number of EO tokens it holds.
Join Us
The EO token TGE will be announced in our X account (@elevadoxyz). This is the sole source of information for the launch. Please remain vigilant against scams.
To learn more about Elevado, you can read our documentation here. If you have any questions, please feel free to DM us on X or via contact@elevado.xyz.
Disclaimer: The EO token functions as a membership pass that enables participation in Elevado-originated launches and related ecosystem activities. EO does not represent an Elevado equity interest, security, or claim on revenue. As with any digital asset, holding EO involves risks, including but not limited to market volatility and potential loss of value. Participants should conduct their own research and evaluate their risk tolerance before acquiring EO. Nothing herein constitutes financial, investment, legal, or tax advice.