February 23, 2022

DeFiato celebrates its first IDO on Avalaunch

Singapore, February 18, 2022 –  DeFiato, the next-generation centralized platform for DeFi staking, yield farming and financial services – announced its first IDO on Avalaunch today to  great success. DeFiato is delighted to have more than 25,000 participants in its initial offering event, allowing 12.5 million DFIAT tokens (worth $1 million USD) to sell out within 24 hours.

“We are thrilled to receive such remarkable trust and support from the Avalaunch community for our IDO,” said Dr. William H. Nguyen – the Founder of DeFiato – “At DeFiato, we are committed to bring DeFi services to the masses by removing the hurdles that users face by using a simple one-click button. By doing so, everyone is empowered to have access to the financial world without any technical barriers.” 

DeFiato provides a comprehensive suite of services that removes friction and fragmentation in onboarding new users to DeFi, as well as inherent confusion when navigating in the DeFi processes. With a one-click approach and attentive customer service, DeFiato has created the simplest DeFi platform, using  a language that users from all walks of life can easily understand. DeFiato also supports Fiat gateway with a custodianship of assets provided by Prime Trust, as well as  seamless interactions between DeFi and PLAID for customers worldwide. 

About DeFiato

DeFiato is the next-generation centralized platform for DeFi staking, yield farming and financial services. DeFiato is on its way to becoming the leading cross-chain platform for DeFi services with cross-blockchain support, including Ethereum, Binance Smart Chain, Polygon and Avalanche, and Solana. Thanks to our effective operation, DeFiato has attracted a great portfolio of participating investors, including leading DeFi-focused funds DAO Maker, Redline DAO, Avalaunch, Mirana Ventures (a venture partner of Bybit and BitDAO), CRC Capital, Double Peak Group, Dweb3 Capital and 7 O’Clock Capital.

To learn more about DeFiato, please visit https://defiato.com/ 

About Avalaunch

Avalaunch is a launchpad powered by the Avalanche platform, allowing new and innovative projects to seamlessly prepare for launch with an emphasis on fair and broad distribution. Leveraging Avalanche’s scalable, high-throughput, and low-latency platform, Avalaunch is built by users for the purpose of strengthening teams, and in order to help grow strong communities.

To learn more about Avalaunch, please visit https://avalaunch.app/ 

For media contact:

Dr. William H. Nguyen

Email: william@defiato.com 

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