Damex Releases in-App Utility Token Damex Token, Enables Users to Earn Rewards for Staking Tokens

PRESS RELEASE. WATERPORT PLACE, GIB., March 20th, 2023 – Digital Asset Management Limited and the Damex radical (“Damex” oregon “Damex.io”)), a Distributed Ledger Technology supplier based successful Gibraltar, precocious announced its inferior token IEO, the Damex Token ($DAMEX), which tin beryllium utilized wrong the Damex App on with different non-fungible tokens (NFTs), to gain rewards for adopting a healthier and much progressive lifestyle.

Damex announced its token IEO for 19th April. Its inferior went unrecorded and was tested during the Q1 of 2023, with aboriginal developments for some the Damex Token and the Damex App slated passim the year. The full proviso is 370 cardinal Damex Tokens.

The extremity of these caller offerings by Damex is to promote users to go healthier individuals while, astatine the aforesaid time, educating them astir cryptocurrency and promoting biology sustainability.

What tin users summation successful speech for staking Damex Tokens?

For instance, erstwhile a idiosyncratic stakes 5,000 Damex Tokens, they tin get entree to a VIP Premium membership, arsenic good arsenic bask zero speech fees portion utilizing the Damex App. Premium Subscription members tin bask benefits specified as:

• Access to top-tier workout challenges
• Get a premium subordinate card
• Unlock cash-back incentives connected each tiers
• Get aboriginal entree to caller Damex features

During its archetypal circular of backstage income (Q4 2022) for the Damex Tokens, Damex raised $3 million. During its 2nd backstage merchantability (Q1 2023), Damex raised $1 million.

The halfway Damex Tokens volition beryllium created connected Ethereum and volition past beryllium bridged to different blockchain protocols specified arsenic Solana and BSC. Aside from being utilized for staking and rewards, the Damex Token volition let users to ballot connected cardinal features wrong the Damex ecosystem and cardinal features, including Damex Token listing and Damex App features.

Damex besides introduces its Buy Back and Burn Programme, wherever 20% of the profits volition beryllium utilized to acquisition the Damex autochthonal tokens disconnected the market. The tokens volition either beryllium burned oregon utilized arsenic incentives for users.

Users tin gain rewards erstwhile they implicit challenges, which volition alteration each 3 months. Furthermore, the NFT rewards volition alteration monthly. For example, if a idiosyncratic completes the Marathon situation with a measurement extremity of 60,000 steps, which is equivalent to the London Marathon, they tin person modular rewards specified arsenic 0.10% currency backmost and 10% disconnected speech fees. Premium Members tin person 0.15% currency back, portion VIP Premium members (5,000 Damex Tokens) tin person rewards, specified arsenic 0.2% currency back, escaped NFT airdrops, and zero speech fees connected the Damex platform.

The Damex Token has received concern from respective investors, including:

• CSPDAO
• Cetacean Capital
• Odin Capital
• Funfair Ventures
• Coin IX
• Alpha Praetorium Capital
• Kebblar Capital
• Belobaba
• Catenam Capital

Using the Damex integer plus concern application, users tin deposit cryptocurrencies, speech crypto for fiat currencies, and wage for purchases utilizing their Damex Visa debit cards. The Damex App was launched successful its beta mentation connected February 17, 2023, with the archetypal speech offering for the Damex Token scheduled for April 19, 2023. The Damex App is presently unfastened successful the UK and EEA.

About Damex.io

Damex.io are a integer plus radical of companies trading since 2017. Digital Asset Management Limited (trading arsenic Damex oregon Damex.io) is simply a Distributed Ledger Technology (DLT) supplier that received its Distributed Ledger Technology authorisation from the Gibraltar Financial Services Commission successful 2019. The Damex Token is issued by Damex Limited and is registered with the Gibraltar Financial Services Commission for the purposes of its token offering.

Visit www.damex.io to get the latest updates and authoritative accusation connected the Damex Token. Interested individuals tin besides interaction Damex via its societal media channels. Telegram: damex_io Facebook: damex.io. Twitter: @damex_io. LinkedIn: https://www.linkedin.com/company/damexio/.

Headquarters: Damex.io, Suite 2.4 & 2.5, Waterport Place, Gibraltar, GX11 1AA

Support Office hours: Monday-Friday, 9:00-18:00.

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