Modefi Update: Our Record Breaking Launch is Just the Beginning

Looking back at our launch, we couldn’t be more thrilled. Thanks to the hard work of the team, the efforts of our strategic partners, and the amazing support of our community, things are shaping up better than we ever could have imagined.

A recap of accomplishments in the first 36 hours of listing

The first 24 hours of trading was an absolute whirlwind, smashing every record set for projects launched on the Trustswap platform. $40m USD worth of $MOD was traded, reaching 22x higher than the public sale offering price. In fact, the MOD token already has over 2400 holders which is truly impressive. The entire Modefi team would like to give a huge shout out to DEXTForce Ventures, Jeff Kirdiekis and the Trustswap team for a smooth and successful first day.

We would also like to thank all of our strategic partners and the wider cryptocurrency community for their efforts in making our project accessible to as many people as possible as quickly as possible. CoinGecko had our token prelisted, CoinMarketCap listed us in 10 hours, we are Trust Wallet certified and price tracking went live on Blockfolio and Delta earlier yesterday. The fast response by these services was an essential step to establishing Modefi as a premiere project that is ready to make an impact right away.

Last but not least, we would like to thank our amazing (and growing) community. In the end, community is the most important facet of any project with staying power. We are happy to report that our Telegram channel already has over 5000 members, and our Twitter has seen an explosive growth to over 4300 followers.

Whether you were a private sale investor, Trustswap platform participant, or just bought our token ten minutes ago, we want to assure you that we will always consider our community and our investors in every decision we make. Without all of you, Modefi can never reach its long term goals — and we promise we will never take our community for granted.

Modefi is crypto’s first and foremost oracle aggregation service. We believe that the utility we provide to platforms and projects of all types across several blockchains will become absolutely essential for Defi to become safer and more efficient. We have already reached agreements with several ‘household name’ crypto platforms, which we will be announcing over the coming weeks and months.

This phrase has become a bit of a cliche in the crypto space — but believe us; ‘we are just getting started’. Stay tuned.

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Building the foundation for real world adoption of Oracles and DeFi