Symphony Chain, a pioneering blockchain platform built on the Cosmos ecosystem, has announced the presale of its Melody Token ($MLD), scheduled to begin on July 15, 2024, at 12 AM UTC on Gempad. Alongside this, Symphony Chain has formed a strategic partnership with EvaCodes, a leading Web3 development company recognized by Clutch.
The presale of the $MLD Token offers early adopters a unique opportunity to engage with Symphony Chain's transformative blockchain platform. Participants can join the presale through this link on Gempad.
Early participants stand to benefit from exclusive perks. The first 100 participants who purchase at least 1,000 USDC worth of $MLD tokens will receive an additional 20% bonus tokens. Additionally, there is a referral bonus of 2% for participants who refer others to the presale.
The partnership with EvaCodes is expected to significantly bolster the capabilities of Symphony Chain. EvaCodes is renowned for its expertise in Web3 development, and this collaboration aims to leverage their skills to drive innovation within Symphony Chain. David Blackstone, CEO and co-founder of Symphony Chain, emphasized the importance of this partnership, stating, "EvaCodes is one of the top blockchain developers of 2024. They’re dependable and have the level of expertise necessary to build this."
Symphony Chain aims to revolutionize decentralized finance (DeFi) by offering a crypto-native solution for real-world assets without relying on traditional banking infrastructure. Built on the Cosmos ecosystem, Symphony Chain facilitates seamless global transactions and innovative asset trading, pegging tokens to assets such as real estate and gold. The platform's self-balancing exchange algorithm and decentralized framework promise stability, transparency, and user empowerment in the DeFi landscape.
Key features of Symphony Chain include revolutionizing real-world assets with unmatched security, facilitating seamless global transactions through an atomic swap system, and offering innovative asset trading with a dual-elasticity system. Furthermore, Symphony Chain provides yield-generating stablecoins and is fully backed by its user community, fostering a decentralized ecosystem. The platform's roadmap includes integrations into banking, payments, financial markets, and global trade, targeting markets worth over 100 trillion USD.
Symphony Chain's stablecoin, $HUSD, aims to offer a compelling alternative to traditional stablecoins with features such as price resilience, controlled growth, overcollateralization, and auto-rebasing. These features ensure stability and security in the crypto space.
Symphony Chain also offers exclusive benefits to Symphony NFT holders, including whitelisting on future sales, membership in the exclusive Symphony Blockchain community, access to airdrops, exclusive Discord channels, event invitations, and participation in giveaways and contests.
As Symphony Chain progresses, it envisions an expansive future driven by community collaboration. The platform aims to diversify its offerings to include commodities exchanges, stock and options trading, and forex transactions, further revolutionizing the DeFi landscape.
