It’s time for another exciting IDO project review! This time, it’s for Serenity Shield, with its upcoming IDO on Enjinstarter.
So, what’s this project about? And is it worth it to participate in this IDO? Let’s find out below.
What is Serenity Shield?
Serenity Shield is a self-custodial, privacy-centric data storage project. It allows you to store your data securely and privately. Aside from data storage, it enables users to transfer and recover their data as well. Through this, Serenity Shield is also able to provide inheritance solutions for users. To achieve the above, Serenity Shield uses its main dApp, StrongBox. Its main features include:
- Storing, managing, and recovering data.
- Providing backup for recovering data 24/7.
- Automatic transfer of data to users for inheritance purposes.
In time, Serenity Shield hopes to go multi-chain. By doing so, it can provide its services through many blockchains. With this, Serenity Shield can empower more users to take custody of their data. All while reducing reliance on third parties and centralized institutions.
Serenity Shield StrongBox®️ is a cutting-edge decentralized application utilizing privacy-preserving blockchain technology. It aims to safeguard and manage users' data, with a built in inheritance protocol, promoting self-custody, data sovereignty, and ownership and recovery of… pic.twitter.com/Z5aqw9MLtC
— ENJINSTARTER (@enjinstarter) November 10, 2023
Key Metrics and Token Generation Event (TGE) Details:
- IDO Platforms: Enjinstarter
- Website: https://www.serenityshield.io/
- IDO Link:
- Launch date on Enjinstarter:
- Register Interest Period: 30 Nov 2023, 3:00 AM UTC to 1 Dec 2023, 3:00 AM UTC.
- IDO date: 4 Dec 2023.
- Initial Supply: 978,404 SERSH.
- Total Supply: 100,000,000 SERSH.
- Initial Market Cap: $195,000.
- Total Raise: $2,400,000. (You will need USDT in BSC)
- Vesting: 15% @ TGE, 1 month Cliff, 12 months linear vesting.
- Enjinstarter Refund Policy: TBD before 30 Nov 2023. It’ll be either one of the following three:
- Optional 5-day
- Optional 7-day
- Optional 14-day
- Refer to Enjinstarter’s protection policies here for more info.
Why we will participate in Serenity Shield IDO?
Serenity Shield is building a product that we believe will be very helpful for users. The StrongBox dApp allows private and secure data storage, transfer, recovery, and inheritance. By providing an easy-to-use interface, users can custody and manage their data without external third parties and institutions. The $SERSH token has good utility too.
- First, it is used to fuel the StrongBox dApp and all future products and services within the Serenity Shield ecosystem.
- Second, users will need $SERSH to store and retrieve their information from StrongBox. Thirdly, $SERSH serves as a reward token for incentives.
- Lastly, holding $SERSH entitles you to benefits and discounts on StrongBox fees.
In addition, the project is also audited by Hacken. Hence, this gives us greater confidence that the project’s smart contracts are safe and not malicious.
Moreover, the team behind the project is fully doxxed as well. Core members are as shown below, and 9 of them have provided their LinkedIn profiles. With the team fully doxxed, this assures investors that they’re committed to the project.
How to Participate in Enjinstarter
For Enjinstarter,
- Follow the IDO guide here. Try to stake more $EJS for a higher token sale allocation. For staking tier benefits, refer to the guide here.
Disclaimer
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.
