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Starboundpad announces its IDO Launchpad

The IDO Launchpad has been announced by the Starboundpad team. The starboundpad.com platform, led by a team of DeFi and traditional finance specialists, will stand on the shoulders of giants, leveraging various DeFi technologies to give transparency, efficiency, and full decentralization, all while saving consumers money on gas.

Starboundpad.com is collaborating with start-up incubators and accelerator hubs

Starboundpad.com collaborates with start-up incubators and accelerator hubs while also monitoring its partner and community networks. After due diligence is completed, the end goal is to find and approach new startups with the best upside potential inside the Cardano Ecosystem.

Starboundpad.com will support the Cardano native token in its entirety, allowing you to join the Cardano ecosystem’s early adopters. With access to seed and pre-sale investment rounds, Starboundpad strives to ensure that users have access to the greatest ideas at the earliest possible stage, allowing for bigger potential rewards.

Furthermore, their IDO Launchpad will include a number of novel features that will improve both the project and community experience within the platform, such as project endorsements for users, which will help them generate additional income, private and public sale options to facilitate different crowdfunding stages, and automated fund distribution, which will ensure that all parties involved can access the capital raised and tokens distributed instantly and transparently.

There are also Token Vouchers available for projects who want to launch directly on several blockchains, according to Starboundpad.com. ERC-20 TokenVouchers are provided by IDO Launchpad to users. Tokens will be exchanged 1:1 on Mainnet deployment for projects planned for Cardano. Developers will have the option of using their Auto-Lock Liquidity function. This facilitates a smooth transition from raising funds to putting them on the market.

The platform will levy a 2.5 percent fee of the cash raised by IDOs in order to reward the community, with the remaining 92.5 percent of the funds going to the firms in question. The above-mentioned endorsement rewards will receive 5% of these payments, while the remaining 2.5 percent will be held as a platform commission fee.

MetaNews.

Image credits: Shutterstock, CC images, Midjourney, Unsplash.

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