Scallop Exclusive Pre-Sale for MahaDAO Community

Scallop is extremely excited to announce the details of its private round sale offering of $SCLP tokens to the MahaDAO community. This will be an exclusive offering to the MahaDAO community as part of our partnership incubation with MahaDAO and our prospective integration of ARTH into our DeFi banking ecosystem.

Our mission at Scallop is to accelerate the transition to a more equitable and decentralised financial system by providing the tools for the mainstream adoption of cryptocurrencies, with a fully secured and regulated DeFi banking ecosystem. We begin with our product launch in September 2021 in the EU

MahaDAO is the creator of the world’s first value coin — ARTH — which seeks to empower billions around the globe with a shield against inflation, to enable anyone to protect their purchasing power and achieve economic prosperity. This vision closely aligns with Scallop’s overall mission to help address broader global economic issues of banking the unbanked and aiding people around the world to overcome systemic economic hurdles. As such, our incubation by MahaDAO is greater than just business development; it is a special partnership between two like-minded companies.

With this in mind, Scallop is delighted to offer the MahaDAO community participation in an exclusive private round sale of the Scallop token, $SCLP. We have created a pledge form for community members to detail the amount they wish to invest. We will use the form to gauge interest and analyse community interest ahead of the private sale.

Please find the pledge form below:

https://docs.google.com/forms/d/e/1FAIpQLSdYbodm0IL8iIg66GcqEiSq9M1Mw07AnP26R6A4RLXMvxkmfA/viewform

Scallop Platform

Scallop houses the storage of cryptocurrencies and fiat under a single roof, for the very first time. Users can securely store their fiat money in a banking account or their cryptocurrencies in digital or hardware wallets. The seamless interchange between the two provides the foundation for all interaction within the Scallop.

Users can swiftly interact with all components of the Scallop ecosystem irrespective of their currency format; whether users are interested in banking products, (Scallop Money Transfer, Scallop Pay, Scallop Multi-Currency Wallets) or want to use the DeFi products (Scallop Exchange,, Scallop Chain) they are only moments away.

ARTH Integration

The business development of the Scallop and MahaDAO incubation will consist of the integration of the ARTH value coin into the Scallop ecosystem. It will be one of the primary stablecoins available to users and can be used as a medium of exchange across the entire platform.

Users can hold money in ARTH in their Scallop wallets to benefit from protection against inflation or select it for use in Scallop Earn.

Scallop Pay will allow users to pay for goods or services at any store, physical or online, directly with cryptocurrency — including ARTH. This feature will aid the overall adoption of cryptocurrency, overcoming a key hurdle of being able to use digital assets in the real world. The use of ARTH in this product places it at the forefront of the development and future of cryptocurrencies.

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Notes

The Scallop Token Presale Pledge form shall stop accepting entries soon. The next plan with the set of dates shall be announced in the Scallop Telegram Announcement Channel. The early adopter community pre-sale shall be available for limited members — and shall be open for a limited time — only. Stay tuned.

Disclaimer

Buying, selling, staking, investing in or trading cryptocurrencies involves significant risk and can result in the loss of your capital. You should not invest more than you can afford to lose and you should ensure that you fully understand the risks involved.

Before trading, please take into consideration your level of experience, and purchase objectives, and seek independent financial advice if necessary. It is your responsibility to ascertain whether you are permitted to use the Scallop or any crypto platform based on the legal requirements in your country of residence. A disclaimer has been put up on the platform and the terms on our whitepaper mention the above.