How to acquire CLAP tokens from scratch?

3 min readApr 29, 2022

Why buying CLAP?

Our native token $CLAP powers the Cardashift product ecosystem. As a $CLAP token holder, you will be empowered with a variety of utilities, making you an active stakeholder in the governance of the Cardashift ecosystem.

Utility is starting now! In order to participate in the voting process in our launchpad, you need to hold CLAP. Each CLAP you own will be taken into account during the calculation and distribution of our voting tickets. Thanks to these tickets, you will be able to vote for your favorite candidate project(s).

Moreover, on the day of the reveal, you will be invited to register on our launchpad and daily snapshots of your wallet will be taken for three weeks to see how many CLAP you own to reward you.

Holding the token will also give you advantages during the IDO phase, allowing you to participate without any platform fees!

As you will have understood, owning CLAP will give you numerous advantages.

To be guided through the different steps to buy CLAP tokens, we have created an all-in-one customized form available here: https://form.typeform.com/to/GlWpbpdc or read below.

How to buy CLAP?

As you may know, CLAP is a Cardano-native token (CNT), therefore acquiring ADA first is mandatory to buy CLAP later.

Buy ADA

Centralized Exchanges: You want to buy ADA on a centralized exchange through your credit card or wire transfer and supply your web3 wallet? We will show you how in our video tutorial!

OnRamper: You want to be part of the DeFi but you still have no account on a Centralized Exchange. onRamper could be a solution. Using onRamper, you will be able to buy and send ADA with a credit card.

onRamper

Store ADA

You will need an ADA wallet to receive your funds securely. To receive CLAP tokens, only wallets that can host Cardano Native Tokens can be used. Please note that Metamask or other wallets that can host only Wrapped Cardano Tokens could not receive CLAP tokens and that wallet on Exchanges (Binance, etc) can’t be used.

Let us show you how to set up your ADA wallet securely. For technical reasons, only two different wallets will be able to interact with our launchpad. So we strongly advise you to choose between Nami and Flint:

Buy CLAP

Once you have your web3 wallet set up and ADA stored in it, it’s finally time to buy CLAP. Our token is listed and available on different Decentralized Exchanges (DEX), from where you will be able to swap ADA for CLAP.

First, what is a Decentralized Exchange (DEX)? In simple terms, a DEX is a peer-to-peer (P2P) marketplace that connects cryptocurrency buyers and sellers. In contrast to centralized exchanges (CEX), decentralized platforms are non-custodial, meaning a user remains in control of their private keys when transacting on a DEX platform.

For liquidity reasons, we strongly recommend the use of MinSwap or SundaeSwap, offering the best liquidity on CLAP as of today.

What’s next ?

Getting CLAP will make you part of the Cardashift community. All the services we are providing will be accessible to you:

We aim at developing a Launchpad to foster social impact projects. CLAP will be the key resource of our ecosystem, and will give you rights to vote and get rewarded.
In the DeXs we partnered with, you will be able to get involved in the farming pools. Through these pools, you will be able to earn tokens. Here is an example to follow with Minswap.
Further products will be deployed in the next months.

About Cardashift

Cardashift is a community-run launchpad that raises funds, builds and accelerates startups that are solving social and environmental issues.

Cardashift is based on Cardano, the blockchain platform for change-makers, innovators, and visionaries.