Today I Participated in the TokenLab ICO

in #cryptocurrency7 years ago

My first ICO (╹◡╹)

The first time is so beautiful.

But seriously, ever since I got into cryptocurrency, I've been a big fan of Expanse (EXP) and everything their team has come up with. Like the Expanse Rewards System (EXR), where you lock away your EXP for at least six months and earn interest of 12% APR.

This morning at 8:00 EST, the the crowdsale for TokenLab (LAB) began. I've never been confident enough in an ICO to participate, but my faith in this product and its team is so high, I had to get involved. It's easy enough if you already have EXP tokens in a private wallet like the Expanse Mist Wallet. All I had to do was send EXP to the LAB Contract Address given on their website and voila. That's it.

If you're using a wallet other than Mist, you'll need to calculate the amount of GAS to send, but it's still a fairly simple process.

What is TokenLab?

Tokenlab is an ICO creation and management platform. But I'll let the team do the rest of the talking with this promo they created:

Seth

P.S. Remember to participate in my Art Giveaway Contest for a chance to win a free, hand-drawn portrait!

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I participated in the ICO this morning as well. I think that this should do quite well. EXP already has low supply and very active team, and the EXP is going to be time-locked . . more are basically taken out of circulation for a bit.

The goal of Token Lab is something that I think the market needs. Now, just to wait on future developments! Congrats on your first ICO.

I have been following EXP and James the co-founder for awhile. Great idea and team. Wish BTC hadn't have taken a dump the day of the ICO though. Hopefully, it will bounce back during the other sales and I can get more with less EXP.

i am in with 6000 LAB. Fingers crossed.

I think it's going to be huge. I'll probably buy more in the next round.

ICO's are a great way to turn ideas into projects but always do your homework! Check out this post. https://steemit.com/ico/@astrocrypto/stop-spending-stupid-money-on-ico-s

I'm vary wary of ICOs. That's why I've never participated in one until now. I have a lot of faith in the Expanse team.

Thanks for commenting. I'll read your post.