Features of DXLaunchpad
Other options require some level of trust from the investors. On DxLaunchpad platform, it is a trustless fundraising system. In situations where the token sales are not successful, the investors are able to claim their refunds, which are returned to their participating wallets.
The dapp is almost ready to be launched. At start, Dxlaunchpad will support Ethereum and Binance Smart Chain. However, more blockchains will be integrated into the platform. Due to the existing gas fees challenge on Ethereum, users will have the options of conducting fundraising on Ethereum or other chains of choice.
When choosing the right platform for launching IDO, projects teams often consider the platform fees. DxLaunchpad offers the cheapest fees in the industry, as cryptocurrency projects will only pay 0.2 BNB/ 0.2 ETH, 1% of tokens sold and 1% of funds raised.
AUTOMATIC DEX LISTING
Rugpulling is a malicious maneuver in the cryptocurrency industry where projects owners abscond with investors' funds and abandon the projects. To mitigate this, all successful IDOs on DxLaunchpad are automatically listed on DEX after they are finalized. Fractions of the raised funds are used to provide liquidity for the tokens on the DEX (locked for a minimum of six(6) months).
FAST AND RESPONSIVE SUPPORT
Although, our platform has been tested rigorously. Nevertheless, our technical team is ready to help users if they encounter any challenges using Dxlaunchpad.
An Open Platform for Project Developers and Investors
DxLaunchpad offers the possibility of low to no entry barrier multichain decentralized fundraising. Participants can experience seamless, cheaper and faster transactions during IDO. Listed below are various ways that projects raise funds.
Conducting Initial Exchange Offerings (IEO) on centralized exchanges, the team would be required to create several limit orders so that exchange users can buy the token from the exchange with ease. This option requires the use of Initial Coin Offering (ICO) based smart contracts.
The team can create a pre-setup pool on Uniswap, but this method is often abused by bot users, and a lot of people have lost money through it. Hence, it is no longer a viable option.
Raising money through token sale contracts that have a fallback function. Investors send BNB/ ETH to the address and the token equivalent is sent to the investors. The risk is less, however, the smart contract creator may take advantage of the fact that money raised is not locked and vanishes with the funds.
Then the crudest way of fundraising is that BNB/ ETH is sent to the project's team wallet and investors wait for the team to distribute tokens to their participating wallets. The challenge here is that there has to be a high level of trust and the team capabilities must not be in doubt.
A Open Platform for our Participators
Each participator can choose the trader and to sign a contract.
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DxLaunchpad Dapp (v1.0 Beta) has been deployed on the Testnet. Our public testnet event is live and we invite everyone to participate in it. Users are encouraged to use the testnet functionality to create & participate in test tokens presales to have a feel of the simple and seamless Initial Decentralized Offering (IDO) being offered by the dapp. We expect to receive reviews, feedbacks and reports of bugs or issues encountered while testing the dapp. Also, suggestions to make the platform better are always welcome as we prepare for the highly anticipated Mainnet launch!
DxLaunchpad (DXLP) Token
DXLP being the native token of the DxLaunchpad platform will be an utility and governance token. The basic use cases of DXLP token are:
BUYBACK & BURN OF DXLP TOKENS
a. Forty percent (40%) of platform revenues will be used to do buybacks of tokens from the open market and will be burnt, thereby causing less tokens in circulation. This can be done weekly, bi-weekly or monthly to create consistent buy pressure for DXLP token.
b. 20% of revenues will be distributed to DXLP stakers & farmers in the form of BNB/ ETH.
c. 40% of revenues are sent to the treasury wallet, for the purposes of: platform developments, team revenue and additional marketing when necessary.
These percentages allocations are subject to change when the governance launches, and DXLP holders and supporters will be able to have their say on the decision making processes.
Another interesting feature of DXLP token is that it's deflationary in nature. Holders are rewarded through tax rewards and automatic burning of tokens, thereby causing further reduction of circulating tokens. All transactions with DXLP are taxed at 4%; 1% is burnt and 3% is distributed to holders.
There will be a maximum of 100,000 DXLP allowed per transaction. Any attempt to transact above this amount will result in transaction failure. This feature will greatly reduce market manipulations.
DXLP Token Information
- Total/ Maximum supply: 50 million DXLP
- Presale: 15,000,000 DXLP
- DxSale Fees: 816,000 DXLP
- Pancakeswap Listing Liquidity- 10,500,000 DXLP.
- Yield Farming: 11,000,000 DXLP (To be locked for three(3) months. Relocked if staking dapp is not ready on unlock.
- Team & marketing Tokens - 7,500,000 DXLP (10% unlocked, 90% locked and vested every 41 days for 33 months (2.75 years)).
- Future Funding and Reserve - 5,184,000 DXLP (Locked for one(1) year, relocked if no need for it on unlock).
26 Oct, 2021
28 Oct, 2021
* Project Conceptualization * Development of the Launchpad platform * Website Launch (WhitePaper/ Roadmap) * Launchpad Testnet Exploration * Creating Awareness * Giveaway * Smart Contract Creation * Audit By Trusted Firm .
* Huge Marketing * Pre Sale * Listing On Pancakeswap * Listing On Coingecko/Coinmarketcap * Marketing By Influencer.
* Launchpad V2 ( More Chain Added ) * Cex Listing * More Updates.
Read the whitepaper and learn about Dxlaunchpad, and our unique approach to initial decentralized offering.
Below we have provided some frequently asked questions. If you have any other questions, please get in touch with us.
What is an IDO?
An IDO refers to a project launching a coin or token via a decentralized liquidity exchange. This is a type of crypto asset exchange that depends on liquidity pools where traders can swap tokens, including crypto coins and stablecoins.
What Cryptocurrency can I use to participate?
You will be able to participate in all IDOs or presales that are deployed on DxLaunchpad platform with BNB, ETH and native coins of other blockchains that will be integrated.
How can I participate in the DXLP token sale?
More details on this will be provided soon. Please join our official telegram group to stay updated on events.
How can I benefit from DXLP token?
Please scroll up to read the detailed use-cases of DXLP token already highlighted.
We are always available and welcome any questions you have for the team. If you wish to get in touch with us, please fill the form below. A team representative will get back to you shortly.
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