Charlestown, Nevis, June 16, 2022 (GLOBE NEWSWIRE) — Susumi, a platform to facilitate crowdfunding via blockchain, has launched the IDO for the native currency, $SUSU, on the P2PB2B Crypto Exchange. Given the creative idea, an all-encompassing ecosystem, unlimited rewards, and user-oriented features, Susumi will be the next big thing in the blockchain industry.
Traditional Susu has been an excellent model of social finance that allows people to raise large sums of money through their network of friends. While conventional crowdfunding has also opened up a new financial solution for projects and even individuals. But, both systems have severe limitations. Trust issues and good record keeping can affect the practice of Susu and, as good as it is, the facts are that up to 80% of conventional crowdfunding campaigns fail.
This is where Susumi, a decentralized application (dApp), comes into the picture to help eliminate the problems faced by both traditional Susu and conventional crowdfunding methods by allowing people to quickly raise funds in a secure and transparent way with a greater probability of campaign success.
So when there is a need to raise money through a network of friends, contacts or within a community, Susumi would be the perfect platform to crowdfund the project.
During the IDO (Initial Dex Offering) starting June 15, 2022, investors can purchase the $SUSU token at a low price and sell it for a substantial profit once the token is listed. You can buy $SUSU on the P2PB2B exchange at a price of $0.003 today in a simple process using your Metamask Wallet. Alternatively, they can sign up and create a wallet directly on the Susumi app and purchase tokens directly from a Susumi wallet.
The Crowdsale period ends on August 1 and the full trading of the Tokens will begin. Investing now in $ SUSU Coin gives the option to earn multiple times the investment when Susumi Coin is listed as there will be a high demand for this coin. So don’t miss out on this great opportunity!
Why choose Susumi?
The unique feature of the Susumi model is that when donations are made in stablecoins for a crowdfunding campaign, donors receive a $SUSU token reward equal to the amount they donated.
Whether someone is an investor or wants to raise funds, Susumi already has a solution for you. It makes crowdfunding easier for the recipient while rewarding the donor for their participation. Therefore, it is beneficial for everyone involved in the process.
Instead of relying on a few large investors, Susumi uses a large number of small investors to crowdfund quickly and streamline the process.
Creating a campaign is really simple, users just need to fill in the relevant details, mention the amount of funds needed, stake the $SUSU tokens and post the campaign on Susumi.
Just make sure you have $SUSU coins in your Susumi wallet. Once the required amount is reached through donations from investors, it can be easily withdrawn.
The best part, if the required funds are not generated through crowdfunding within a period of 30 days from creation, they will be automatically transferred to the owner’s wallet. Therefore, none of the users would lose their hard-earned assets in any situation.
Remember that users will only receive the rewards if the funds have expired, or in simple words, the crowdfunding goal has been reached, and that donors receive rewards in the form of $SUSU tokens totaling 100% of the value of the coins. BUSD/USDT at the time of fund creation.
All about the $SUSU token
$SUSU is the native token of the Susumi ecosystem. It has a total offer of 100,000,000,000, of which 1,500,000,000 would be available during the Crowdsale. Another 1,000,000,000 tokens would be reserved for team bonuses, while 2,500,000,000 would be kept for exchange liquidity.
95% of the total supply will be deposited in Susu Smart Contract Wallet.
This is how a proper demand and supply of the $SUSU token is maintained. First, a user wagers a certain amount of $SUSU tokens to start a campaign, and those who subscribe receive rewards. These rewards can be used to stake tokens in order to create new campaigns, thus completing the cycle.
To ensure that the value of the $SUSU token is not dependent on market speculation, the platform will reward users based on the value of the token at the time of subscribing to a campaign. Susumi’s pricing algorithm is designed in such a way that it calculates the demand for reward tokens against the total supply in the contract. It helps ensure that there are always enough tokens in circulation to reward investors and keep the price free from market speculation.
Susumi Community NFT Collection
There are 16 ranks in the Susumi ecosystem, assigned based on the level of user engagement. These ranks are represented by an icon coded as NFT. As users advance in the ranks, the rewards increase, as well as their position in the ecosystem. So, try to reach the highest rank i.e. tribal chief for maximum rewards.
Susumi aims not only to be a crowdfunding platform, but also to become a place where communities are built, great ideas flourish and take the form of successful projects. So, make sure you sign up for Susumi and invest in the $SUSU token right away for maximum ROI.
To learn more about Susumi and check the details of IDO and Private Sale, please visit the official website: https://www.susumi.io/
Also, follow Susumi on all social media channels to stay up-to-date with recent developments, crowd-selling, and product launches.
Disclaimer: There is no offer to sell, solicitation of an offer to buy, or recommendation of any security or any other product or service in this article. This is not investment advice. Readers are encouraged to do their own research.
Contact person: Sam Igwe
Company: Susumi Capital
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