# $ANIMAL Token IDO

The Initial Dex Offering (IDO) refers to **the launching of a cryptocurrency on a decentralized exchange (DEX)**. In Adanimals IDO, the $ANIMAL governance token will make its first public debut on a series of launchpads to assure an efficient outreach of different communities and the onboarding of new users into the newly created ecosystem.

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#### The $ANIMAL governance token will launch on Binance Smart Chain (BSC).&#x20;

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<mark style="color:purple;">**Confirmed Launchpads:**</mark>

1- **Ignition** <https://ignition.paidnetwork.com/>

2- **Defined** *(pending public announcement)*&#x20;

There will also be an opportunity for $LACE holders to receive a lockdrop through time locking $LACE. Details will be defined on our [**Discord server**](https://discord.gg/lovelace).
