Matrix Swap will be launched by Cardstarter as an IDO

CardStarter, with its Cardano platform, is a unique and dynamic launchpad that connects a network of early supporters and key partners to projects built on the Cardano network. Its Card Accelerator Program (CAP) team works on each project individually, establishing the right connections and using the right map marketing strategies to establish your long-term success in the industry.

On the other hand, Matrix Swap, which was established in late 2020, is a fully decentralized virtual AMM-based perpetual swap trading valued protocol for trading on both the Cardano and Polkadot blockchains. In contrast, users of traditional AMMs can lengthen or shorten perpetual contracts of any of their assets by availing them of up to 25x. Matrix Swap now wants to be a DeFi protocol that is completely controlled and owned by the community. Matrix Swap’s vAMM is also known to provide infinite on-chain liquidity. The future market of vAMM relies heavily on accurate price feeds to calculate rates to traders. Matrix Swap uses the weighted average value of assets (TWAP) to provide such an accurate price feed by sourcing data from Oracle’s collections including Kylin Network, Charlie3 and Chainlink.

The good news is that the Cardstarter team is excited to collaborate with Matrix Swap for its IDO launch. According to the Cardstarter team, the innovations and opportunities brought to the industry by Matrix Swap are not only highly anticipated but also much needed, and Cardstarter is proud and delighted to be a part of facilitating this technology to the Cardano community, the wealthy. Says Atash, CEO for Cardstarter.

REGISTRATION FOR LARGE IDO crypto event The event will begin at 8:00 AM PST / 3:00 PM UTC on September 7th at 8:00 AM PST / 3:00 PM UTC on September 3.

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