Angel Finance ($ANGELS) - Post Launch Analysis

Following the first successful launch of Brave Terminal, we are thrilled to present our comprehensive analysis of the $ANGEL presale and IDO.

Angel Finance is an angel-themed passive income project on Cardano. The money raised will be used to acquire LP, farm yield, lend ADA, trade CNTs, participate in ISPOs, and trade in more traditional markets. 80% of all profit made will be distributed to all staked $Angels every month. Angel Finance aims to be the biggest Cardano Native Token ETF in the ecosystem.

As the host of the presale from January 12 to January 14, 2024, Brave Terminal is pleased to report that the presale, distribution, and LP launch unfolded seamlessly without major issues. The maximum raise limit for $ANGELS IDO was set at 800K, with a minimum limit of 200K. The presale concluded with a total of 508K+ ADA raised, involving 502 unique participants and over 680 transactions.

While the event kicked off with a robust start, reaching 200K within the initial hours, regrettably, the maximum limit of 800K was not attained. Nevertheless, since the minimum cap was met, the Angel Finance team proceeded with the LP launch in accordance with their IDO policy.

Outlined below are key statistics and a detailed analysis per transaction and per wallet.