The beginning of 2022 was a devastating point in the world of crypto, where Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and other well-known cryptocurrencies had to experience a 50% decline in the market, however, the negative attitude does not appear to fear the newcomer GNOX.
Following the end of its first presale round, Gnox, a ground-breaking platform designed to automate and simplify DeFi investment, defied the bear market with a price increase of 60%.
Gnox token has been in the spotlight since entering the crypto market.
The creator of this coin aims to help crypto users and investors to maximize their investment by rewarding them with side income for just holding the platform’s native coin GNOX.
What is the Gnox token?
Gnox is a decentralized finance (DeFi) investing platform, that allows crypto users to earn a higher reward by just holding their native coin GNOX token.
According to GNOX, the platform’s primary goal is to bridge the gap between the crypto and fiat world.
Gnox has one of the fastest-growing communities because its network is fast, cheap, and scalable compared to Ethereum and other coin networks.
As said before It is a decentralized platform whose major objective is to bridge the gap between fiat and cryptocurrency while demonstrating to common consumers the advantages and usability of the Knox Protocol.
The Gnox team wants to give both experienced and novice cryptocurrency users the chance to get a passive income by simply holding GNOX, the platform’s native utility token.
On behalf of owners of GNOX tokens, the DeFi experts and investment professionals at Gnox intend to explore investments in the DeFi area, including non-fungible tokens (NFTs), lending and borrowing services, and liquidity-providing token pools.
Gnox presale price
Before we jump into talking about the presales there is one thing we need to know which is the initial coin offering (ICO),
ICOs are another type of cryptocurrency used by companies to raise money. Investors obtain distinctive cryptocurrency “tokens” through ICO trading platforms in return for their monetary investment in the company. Through the production and sale of a digital token, it is a method of crowdfunding used to finance project development.
As of the time of writing this article, the presale price of GNOX coin is $0.0160.
Pre-sales of cryptocurrencies are essentially forms of crowd-funding that let project creators raise money without risking the token’s value falling. They also make it possible to raise money immediately, which may be used to cover marketing or other costs.
Investors in Gnox’s presale are confident that the company can follow in the footsteps of some successful coins and even outperform them.
The second phase of the GNOX presale has begun. The project’s sales have increased by 63 percent during this phase, leading many people to think it would be a good investment.
How to participate in the Gnox presale.
Here is a step by step process on how to participate in the presale:
- Visit their official website and navigate to the presale page: https://presale.gnox.io/register
- You will be prompted to create an account or sign in if you already have an account
- Then, proceed to swap the Gnox token with any of the major cryptocurrencies.
- Gnox accepts almost all the top cryptocurrencies for exchange including BTC, ETH, USDT, BUSD, BNB, and many more.
- Add your destination address, which is the BEP-20 wallet address you wish to receive the Gnox token.
- Verify your wallet address and make sure it is correct, so as not to lose your coin.
- Then wait patiently for the Gnox token to be airdropped to your chosen wallet
The coin will be airdropped on the launch date which is July 18th, 2022
Gnox crypto price prediction
the GNOX token is a newly introduced cryptocurrency, as it stands now there is not enough Data for crypto analysts to predict the future of this token.
Bookmark this Post as the article will be updated once enough data have been collected about this coin.
Where and How to Buy Xinfin Coin (XDC)- is it a Good Investment
Enjin Price prediction – Is Enjin Coin a good investment
Apecoin coin price prediction – Is Apecoin a Good investment
What are the start and end dates for the Knox ICO?
The GNOX token sale started on May 12, 2022, and will last until August 12, 2022.
How many tokens were available for sale in the Gnox ICO?
161 million GNOX tokens, or 79% of the 204,200,000 total GNOX supply, have been set aside for the GNOX token sale. Unsold tokens will be burnt before the launch date on July 18th, 2022.
How much money is the Gnox team looking to raise?
If the initial $0.0160 GNOX ICO price is used and multiply it by 161 million which is the number of tokens that will be offered in the three-phase sale, it can estimate that the Gnox team is looking to raise roughly $2.58 million through their token sale. However, due to varying bonuses paid out in each token sale phase, Gnox’s final haul could be a bit higher or lower.
How many phases did the Gnox ICO have?
There are three stages to the Gnox ICO. The following details each step of the public sales of GNOX tokens:
- Phase 1: 43 million GNOX tokens for sale, between May 12 and June 12, 2022
- Phase 2: 58 million GNOX tokens for sale, between June 12 and July 12, 2022
- Phase 3: 60 million GNOX tokens for sale, between July 12 and August 12, 2022
Where to buy the Gnox token?
Because it is just a newly introduced cryptocurrency and it is not yet listed in any exchange platform, for now, you can only buy the token through the GNOX official website
How will the GNOX supply be distributed?
GNOX tokens will be airdropped to token sale participants on July 18, 2022. And is also the day that the GNOX token launches on PancakeSwap.