Fyooz Private Sale Complete With 9x Oversubscriptions
The private token sale of the Fyooz platform has successfully been completed. Fyooz is a tokenization platform which will democratize access to the world’s most valuable entities.
Investors will be able to expose themselves to the success or failure of celebrities, professionals, brands, companies, individuals, and more. They will be able to invest in what they believe in and gain financial exposure to the brands that they cherish the most.
It doesn’t matter whether it’s a football team, a celebrity, or a working professional. It will all be possible with Fyooz. The beta version of Fyooz already has extremely exciting leaders in the entertainment industry listed including award-winning comedians, movie directors, and much more.
Fyooz bridges the worlds of entertainment and decentralized finance (DeFi). As brands and individuals accrue value, token holders will benefit from their success. It also allows investors to connect with their favourite brands and individuals in a manner which was never before possible.
The complicated DeFi aspect will barely be noticeable behind a carefully designed application that will be intuitive for token holders to navigate. Token holders will be able to easily buy or sell access to the individuals, brands, and entities that have become tokenized.
We are happy to announce that all of the tokens allocated to the private sale of Fyooz have been sold. Tokens were sold in two instalments with $360k and $275k being raised in the first and second private sale respectively.
Demand exceeded supply by a factor of 9. Supply allocations were fully respected resulting in many investors being turned away. The Fyooz listing is scheduled to take place this month. Stay tuned on Twitter and Telegram for updates regarding the listing.