Analog Launches $ANLOG LBP on Fjord Foundry for Fair Access to Interoperability Token
Newark, Delaware, January 21st, 2025, Chainwire
Analog has announced the launch of its $ANLOG token through a Liquidity Bootstrapping Pool (LBP) on Fjord Foundry, ensuring fair access to the interoperability asset. The LBP, set to begin on Jan 21, 2025 at 06:00 AM CET, will run until Jan 23 05:59 AM and offer participants an opportunity to acquire $ANLOG at a price determined by community-driven discovery. All tokens acquired during the sale will be fully unlocked at the Analog Token Generation Event (TGE) giving immediate access to contributors.
The Analog team has chosen Fjord Foundry because of its unique LBP infrastructure which ensures fair pricing and equal access. This mechanism provides a transparent means of distributing $ANLOG, enabling community members to acquire the utility token before using it to engage directly with Analog’s Layer-0 network.
Leveraging Fjord’s LBP mechanism, the $ANLOG token sale ensures full transparency in terms of pricing. Contributors dictate demand for the token, reflecting both their valuation of Analog’s interoperable infrastructure and market conditions at the time.
Analog’s decision to utilize an LBP for $ANLOG aligns with its ethos of building an open and equitable ecosystem where developers and end users can benefit from a fully interoperable protocol. LBPs have become a popular token sale mechanism due to their community-oriented distribution process and guaranteed allocation. Fjord Foundry’s track record in hosting LBPs by projects that go on to enjoy significant success is impressive.
The $ANLOG token is deeply embedded into Analog’s flagship Timechain solution, enabling seamless cross-chain data and transaction flow. With Analog’s progress attracting support from a growing community of developers and validators, the Fjord LBP offers an additional avenue for individuals who wish to participate in Analog’s vision for a scalable, interconnected web3.
Through its fair pricing mechanism, Fjord’s LBP empowers participants to dynamically decide a token’s value. It provides a unique opportunity to support Analog in building a decentralized and interoperable ecosystem while shaping the price of $ANLOG based on the total number of contributors.
About Analog
Analog forms a secure, one-stop interoperability hub for multi-chain and cross-chain solutions. It enables developers to build and deploy dapps that seamlessly work across all chains. As a natively chain-agnostic protocol, Analog is primely positioned to streamline the multi-chain experience, allowing dapps and users to expand to new blockchain networks.
Learn more: https://www.analog.one/
About Fjord Foundry
Fjord is a community-focused platform that specialises in connecting innovative projects with engaged backers. Built upon the principles of fairness and transparency, it offers a variety of token sale methods, including Liquidity Bootstrapping Pools (LBPs). Fjord’s mission is to democratise access to early-stage opportunities for our community of backers while providing projects the means to bootstrap liquidity in a seamless and straightforward manner.
Learn more: https://www.fjordfoundry.com/
How To Participate
If you’re looking to take part, the LPB will go live on Fjord Foundry on 21 January 2025. Visit the link below to participate.
Learn more: https://app.fjordfoundry.com/token-sales/0x34039FfB458BE16AE55015AC7bC730B2d253388a