SERIES A: PATEX

KWAI Labs
3 min readDec 11, 2023

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The adoption of blockchain in the Latin America(LATAM) region has led to the emergence of digital assets, challenging the reliance on traditional central bank money. Notably, El Salvador when legalizing Bitcoin in 2021. LATAM is definitely one of the promising regions in the next steps of cryptocurrency exchange and educational platform in the blockchain industry, as the demand grows higher. While this shift presents opportunities to address financial inclusion issues and reduce international transaction costs, it also poses risks for LATAM nations. Factors such as macroeconomic vulnerabilities, historical instability, low institutional credibility, and large informal sectors increase the susceptibility of these countries to risks associated with crypto assets.

With central bank digital currencies (CBDCs), digital fiat currencies, are explored globally and in LATAM to enhance financial market efficiency and cross-border payments. Despite potential benefits, the widespread adoption of these digital assets poses challenges, especially in regions with a history of macroeconomic instability and low institutional credibility.

Patex aims to be the leading digital finance company, actively contributing to the broader acceptance of digital currencies through expertise in blockchain technology and digital currency implementation.

Resources

Website: https://patex.io/
Twitter:
https://twitter.com/patex_ecosystem
Discord:
https://discord.com/invite/patex
Telegram:
https://t.me/cpatexen
Telegram(announcement):
https://t.me/cpatexeng

WAIT WHAT IS SERIES A?

A series A round is the name typically given to a company’s first significant round of financing.

Sale Details

IMPORTANT: PRIVATE SALE IS CURRENTLY AVAILABLE TO ALL KWAI TIER HOLDERS.

Qualifying Deadline: Stake KWAI by 14th December 2023, 0001UTC
Tier 1 & 2 Contribution : 14th Dec, 1000 UTC — 15th Dec, 1000 UTC
Tier 3 Contribution : 15th Dec, 1100 UTC — 1130 UTC FCFS
Tier-3 Whitelist Link:
https://zealy.io/c/oxbulltechofficial/questboard?view=sprint

For Contribution, head over to: TBC
To find out how to contribute, read
here.
Please be advised that contribution will be conducted in USDT (on BNB Chain).

To qualify for the IDO, users will either need to possess the KWAI NFTs or stake the following:

NFT Holders will automatically qualify for the respective tiers in accordance to the NFT.

Further info and queries:

Please follow the official KWAI telegram group for further details of the claim time and changes, if any.

IMPORTANT NOTES: Qualification of all Tiers will require STAKING or qualification via NFT. In the event where an Investor who has not Staked but has the required number of holdings SHALL NOT be eligible for the aforementioned tiers.

Staked holdings are required to be maintained until project listing. Any dips below the required holding amount will DISQUALIFY the investor for the project being launched at the time even if the investor has already contributed. No IDO Tokens will be provided and No Refunds will be made.

Each qualified address will only be eligible for ONE transaction. Meaning if an address is qualified for tier 1, they will not be qualified for tier 2.

Disclaimer

Our content is intended to be used as information and education purposes only. It is very essential to do your own research and analysis before doing any investment decision or otherwise. Do Your Own Research.

Information is accurate at time of writing and can be subject to change.

KWAI Labs shall not be liable, whether in contract, tort (including negligence) or otherwise, in respect of any damages and/or expenses and/or any losses you may suffer arising out of such information or any reliance you may place upon such information.

Any further arrangements between you and any third parties contacted via the Website/Affiliated links are at your sole risk.

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KWAI Labs
KWAI Labs

Written by KWAI Labs

KWAI⚡️Your trusty, AI-powered chat-based smart assistant to help manage crypto effortlessly. BETA version coming soon.

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