What Is The Kulaunch IDO Platform And How Does It Work?

0 11
Avatar for puran
Written by
2 years ago

Kulaunch is a community-driven decentralized presale and IDO platform to launch new blockchain projects & tokens on a decentralized exchange.

Kulaunch offers a permissionless mechanism for the listing of new tokens through community voting. In order to be eligible for community voting, a project/token has to fulfill the eligibility criteria.

Read here everything about listing on the Kulaunch IDO platform.

Kulaunch IDO Platform Top Features

As the first permissionless decentralized IDO (initial dex offering) platform, Kulaunch is a community-governed way for developers to create and launch their permissionless presale listings in a truly trustless manner.

The integrity of the Kulaunch platform is maintained through the following advanced features:

Community-driven: All the decisions for the listing of new tokens are taken by the KCC (Kulaunch Community Chain) community through voting. All projects, irrespective of age or type, are given the same rights and preferences.

Auto-locking of liquidity: In order to avoid the chances of rug pull and minimize the probability of fraud listings, all tokens on the Kulaunch platform are required to lock a certain percentage of the raised amount as liquidity for trading.

Vesting schedule: The vesting schedule feature of Kulaunch listing is there to ensure that investors can not sell all their tokens immediately after listing. Using this feature, creators can decide on a vesting schedule for the release of tokens to investors/buyers.

Whitelisting: Presale creators can use the whitelisting feature to whitelist/allow specific wallets to participate in the sales.

Smart contracts: All transactions, including presales, on the Kulaunch Smart Chain will happen through smart contracts only to maintain a trustless environment for the sale of tokens.

How It Works — Creating a Presale on Kulaunch

For creators looking to launch their presales on the Kulaunch platform, there are the following 3 options:

1. Decentralized presale

This is the standard type of token sale event that can be launched by anyone with a KCC token. In order to create a presale, the creator will need to list his token on the platform and set a price.

Such presales will not be listed on the pool page, and the platform is not responsible for bringing traffic/investors or verifying the token credibility.

The project creators/owners will have to do their own marketing and promotion to bring investment.

2. Kulaunch Public IDOs

In this type of listing, a project can apply for listing on the public platform, which happens after the verification of criteria by the team. Only publicly-listed projects can participate in community voting.

Depending on the results of community voting, successful projects are listed in the Public IDO section.

3. Kulaunch Assured IDOs

These are premium and verified projects that will be personally verified by the Kulaunch team based on the assessment of the project idea, team, tokenomics, technology, and development status.

Following successful verification, the project will be listed on the public IDO platform, where investors can participate to buy tokens

The first presale on Kulaunch is set to be launched in the third quarter of 2021, which will be followed by the launch of the product. The first IDO will be launched later this year.

Visit the Our official website and join Our Telegram Group to stay updated with the project progress.

1
$ 0.00
Avatar for puran
Written by
2 years ago

Comments