πLaunchpad
Our Launchpad program will be deployed as the Neo X chain grows, and will be aimed at supporting projects in the ecosystem with their launch.
The Launchpad follows the classic IDO/ICO system with 2 different raise methods:
Overflow Method
Standard Hardcap Method
Overflow Method
With the overflow method we set a cap of assets that will be delivered to the raising team, but the raise could go past 100% to any number imaginable, as long as itβs within the amount of tokens available in circulation. But at the end of the launchpad, only the predisclosed raise amount will be utilized, while the excess funds will be reimbursed to users.
This means that your Individual Allocation is correlated to the amount of weight you have in the Launchpad.
This is a great way to allow more users to enter the Launchpad, it creates a lot of hype, and is highly beneficial for the project for a few reasons:
It reduces the risk of whales creating price volatility when trading starts
It allows the project to start with a higher number of holders
Standard Hardcap Method
With the standard Hardcap Method the raise will stop as soon as the hardcap is met. This is beneficial in some cases because it's a great tool for Hype and Fomo, since there is a limited amount of users that can join the Launchpad.
Security and Management
Both methods will be available for launching projects, and launches will be managed directly with our team. We will support launching projects with technical support for their project, graphic design, security audits and KYCs in order to make the launchpads as secure as possible for users.
Last updated