AXL to Host Initial DEX Offering (IDO) for CanaBoyz on May 09

DUBAI, UAE / ACCESSWIRE / May 7, 2022 / AXL INU ($AXL), the ultimate DEX platform with smart routing on Ethereum Chain (ETH) and BNB Smart Chain (BSC), announces that it will be hosting IDO for CanaBoyz ($CNB) on May 09, 2022, at 12:00 PM UTC. CanaBoyz’s IDO details have been released, with the Initial DEX Offering taking place on the AXL launchpad.

AXL is being established as a decentralized DEX, providing a seamless user experience by deploying turnkey solutions for a quick and easy exchange process for everyone. An intuitive design and user-friendly interface with instant visual feedback and context-based instructions at each interaction with the exchange offer a streamlined user experience.

Furthermore, AXL INU’s next-generation decentralized launchpad is constantly being developed using the best DeFi sector standards, all while providing real-time settlement, top-tier security, interoperability, genuine decentralization, no counterparty risk, and being completely scalable to meet the needs of institutional investors. The AXL launchpad is intended to give the community control over funding the projects they believe will be the most successful.

CanaBoyz IDO on AXL Launchpad

CanaBoyz is based on the economic relations of the players and existing smart contracts. Using a multifunctional platform, users have access to various scenarios for managing their own in-game assets, namely, CNB and Kush tokens, seeds, bushes, artifacts and coffee shops.

AXL is excited to announce that CanaBoyz (CNB) IDO will commence on May 09, 2022 at 12:00 PM UTC on AXL Launchpad. Participants will have the opportunity to collect tokens through the IDO.

AXL Inu, Saturday, May 7, 2022, Press release picture

The details for CanaBoyz IDO on AXL Launchpad are as follows:

CanaBoyz Launch Timeline

  • May 09 31, 2022, 12:00 PM UTC, AXL IDO – Private Pool Opens
  • May 10, 2022, 12:00 PM UTC, AXL IDO – Private Pool Closes
  • May 10, 2022, 01:00 PM UTC, AXL IDO – Public Pool Opens
  • May 10, 2022, 09:00 PM UTC, AXL IDO – Public Pool Closes

Token Sale Details

  • Date & Time: May 09, 2022, 12:00 PM UTC
  • Initial Market Cap at TGE: $386,100
  • Token Symbol: CNB
  • Total Token Supply: 300,000,000,000 CNB
  • Tokens Available on AXL: 200,000,000 CNB
  • Total IDO Raise: $900,000
  • Total Raise on AXL: $30,000
  • Token IDO Price: $0.00015
  • IDO Duration: 24 hours for Private Pool / 8 hours for Public Pool (after 1 hour of private pool closing)
  • Allocation Distribution: 50% private, 50% public
  • Vesting Schedule: TGE – 12%. 1 months cliff. vesting – 12 months (daily)
  • Claiming Start Date: May 15, 2022
  • IDO Location: AXL Launchpad

For private pool details and allocations, read the official AXL medium announcement.

For more information about the AXL platform, visit

About CanaBoyz

CanaBoyz was developed keeping in mind the 3 major global trends of the year 2022: cryptocurrency, metaverse and cannabis. Free economic relations between players – the basis of the CanaBoyz project. The main task is to grow bushes that bring real income to users in cryptocurrency.

Each player has the right to manage in-game items and choose their own way of business development. Users themselves decide whether to develop a virtual business alone or in a gang with other players.

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About AXL Inu

AXL INU is being developed as a Decentralized Exchange (DEX) on the Ethereum Chain (ETH) and the Binance Smart Chain (BSC), enabling liquidity provision, yield farming, staking, launching IDOs, NFT, and lending & borrowing.

AXL works hard to encourage, grow, and promote the listing of new and breakthrough projects. The AXL launchpad enables emerging creative projects to demonstrate their ideas to the community while also garnering support, attention, and investment.

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Media Contact

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The information provided in this release is not investment advice, financial advice or trading advice. It is recommended that you practice due diligence (including consultation with a professional financial advisor before investing or trading securities and cryptocurrency.


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