The first IDO launchpad on the XRP Ledger, BlocScale, is experiencing a surge of investor interest.
Over 20% of the allocation for the $BLOC Seed Sale has already sold out in a short period of time.
BlocScale aims to bridge the funding gap in the XRP ecosystem for Web3 startups, memecoins, and real-world businesses.
Investors can acquire $BLOC tokens, which have governance power, discounted rates for fundraising, and increasing value as new projects launch through BlocScale.