A month ago, Axelar completed the Series B funding round worth $35 million, and now the Axelar token sale is starting. With a total market valuation estimated to be over $1 billion, we are curious to see how it performs in the first 24 hours. The Axelar token sale will take place on CoinList only and all purchases should be completed by March 16, 23:59 UTC.
Axelar network has established somewhat of a unicorn status with the idea of “connecting all blockchain ecosystems, applications, assets and users to deliver Web3 interoperability”. Their mainnet is integrated with and backed by major validators and blockchain platforms, such as Ethereum, Polkadot, Avalanche, and Polygon.
On the downside, there are scammers posing as Axelar team members and trying to con them with fake sales links sent to the DMs. As per Axelar’s statement, beware of the fraudsters, CoinList is the only official sale provider.