DAOLaunch Will Set to IDO on BSC Station and Trustpad

Source : beincrypto.com

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DAOLaunch is a decentralized venture capital and aims to bridge the gap between investors and startups. The unique launchpad is backed by leading investors in the cryptocurrency space such as ZBS Capital, x21 Digital, BSCstation, Meridian Capital, Onebit Ventures.

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Sponsored

A recent development also includes its partnership and integration with Shiden, the third para chain on the Kusama network, and there’s over $2 million worth of $SDN in $DAL staking underway.

The launch on BSC station, TrustPad and Gate.io 

DAOLaunch is delighted to share three of their anticipated IDO and IEO date. The first destination for DAOLaunch’s IDO is TrustPad, where they will release their DEX offering on November 17, 2021,12:00 UTC to November 17, 18:00 UTC.  This agreement will allow users to stake TrustPad tokens and gain priority access to promising initiatives.  

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Sponsored

On November 18, 2021, 04:00 UTC – November 18, 14:00 UTC, the partnership with BSC Station will go live. The IDO rate will be one $DAL for one BUSD. The vesting schedule is as follows: unlock 25% at TGE, then vest 25% per month for the next three months. The DAOLaunch project has a total supply of 6 million $DAL and an initial market cap of $283,014. The allocation for both releases will be $100,000 $DAL apiece.  

From November 18, 11:00 UTC to November 19, 11:00 UTC, DAOLaunch will have its tokens available on Gate.io

DAOLaunch  

DAOLaunch has developed features that will make the creation of financial tools seamless for both startups and investors on its platforms. DAOLaunch’s key features include token creations, the designing and editing of projects, NFT Farms, grants to startups, and its pioneering feature, the Decentralized Venture Capital NFTs (DVC-NFT).

The project aims to address the issue that venture capitalists and institutional investors dominate the start-up investment business.  

The problem with this is that they may leverage their wealth by using their network, contacts, and brand to negotiate better investment conditions and generate significant ROI. The fundamental issue, however, is that these transactions take place in a closed and private setting. Typically, retail investors do not have access to this kind of offer. Startups also aren’t allowed the transparency they deserve because these deals take place behind closed doors, often at the detriment of these new projects. 

The Decentralized Venture Capital concept is DAOLaunch’s approach for creating an open and inclusive competitive environment. It provides preferred investing conditions for retail investors based on their investment success as recorded on the blockchain, because all talks are on-chain, registered investments cannot be edited.  

DAOLaunch provides a highly functional and comprehensive financial product creation platform to increase market competitiveness. The platform allows the creation of new goods in financial markets across all borders. There is no requirement for coding knowledge to participate in the project and create financial products.  

Features  

There are two categories for its features: for start-ups and for investors. Both sides have something to gain by participating in the most inventive, new, and fresh products. Not only that, but users of the DAOLaunch platform can create tokens for their token sale. This feature is accessible to both new firms and individuals through simple steps with no extra knowledge.  

Users can easily set the price, hard cap, soft cap, duration, and min-max per address. After the creation procedure is completed, the native tokens created will be distributed automatically, and the smart contract will distribute the funds. If the project fails to reach the token’s soft cap, the funds raised will be automatically distributed back to the investors.  

Users can create and amend their projects and submit supporting materials such as the pitch deck and marketing plan. The final feature that anyone may take advantage of is the ability to construct an NFT farm, which allows start-ups to lock in liquidity and reward their most dedicated supporters.  

Briefly, it will enable all firms to set up a farming pool for users that stake local tokens or offer liquidity. Using DAO Launch’s NFT farms, users can quickly establish token utility or raise TVL to compensate liquidity providers by farming exclusive NFT.  

Aside from that, DAOLaunch has a grant for its startups named the IBO (Initial Buy Back Offering), where platform revenue raises the price of the most voted start-up. DAOLaunch will purchase the project’s tokens and burn them automatically. The entire process is run by a completely decentralized voting system in which community members can vote for fascinating initiatives. It also features a one-of-a-kind feature that is unique to its platform: Mint Decentralized Venture Capital NFT use for users. 

DAOLaunch also provides various features for investors, such as DVC-NFT, which exists to provide secure, guaranteed returns to talented investors. Some of its key features include enabling users to create their own token index portfolio as an NFT. Users can deposit their seed tokens in the contract like a VC entity on NFT. 

“We are pioneering a future where financial tools in the crypto space are so easy to create that no coding skills are required. This will benefit both startups and investors,” says Sakuro Imayama, DAOLaunch’s Founder and CEO. 

Conclusion  

Aside from that, DAOLaunch aims to assist the startups that launch on its platform with marketing, public relations, and advisory services from its pool of professional advisors. The platform’s goal is to ensure that these startups hit the ground running with all the possible support they earn – which is often one of the most important aspects of the success of new projects. 

DAOLaunch is here to revolutionize the industry and offer transparency opportunities to everyone, especially entrepreneurs.  

Prepare to be a part of the most exciting project, and do not forget about their debut on November 17 – 19.  

Users can check their social media accounts at any time for further information and to stay up to date: Twitter, Telegram Community, Telegram Announcement, Medium, Line

Disclaimer

All the information contained on our website is published in good faith and for general information purposes only. Any action the reader takes upon the information found on our website is strictly at their own risk.

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