Introducing Kulaunch : First Decentralized Community led IDO launchpad on Kucoin Community Chain
Kucoin Community Chain is a rapidly growing Blockchain network compatible with ERC 20 contracts. It is gaining popularity due to its low cost of transaction, good brand value of Kucoin and is on the path to replicate the success of Binance Smart Chain. Everyday, new projects are launching and due to the lack of infrastructure , they are struggling to create a seamless presale ecosystem.
Taking advantage of the nascent ecosystem and rapidly growing popularity, scam projects are mushrooming and rug pulling on a daily basis. There is an immediate need for a decentralized presale platform which can facilitate presales in a trustless manner. There are many launchpads in progress but none of them are at the stage of a product launch.
Decentralized presale platforms not only facilitate presale of new tokens but also create an atmosphere of trust through novel mechanisms of liquidity locking and vesting schedule. On the one hand, auto locking of liquidity means that no project can do a rug pull and the token remains tradable , and on the other hand vesting schedule ensures that tokens are not dumped once listing happens.
What is Kulaunch?
Kulaunch is a community led IDO launchpad which allows projects to be voted through the community and those qualifying gets a spot for our IDO. Kulaunch also offers its platform for decentralized sales where any project can create its token sales in a trustless environment.
We also have Assured projects which are carefully vetted from the crowd and which show promising prospected.
What makes Kulaunch Unique?
Kulaunch is going to be the first launchpad with a working product on Kucoin Community Network. We already have a working product almost ready.
We will be the most advanced launchpad with features not available on other launchpads. Following features make the launchpad unique :
- Auto locking of liquidity : A pre specified percentage of the funds raised will get locked as liquidity. Only remaining funds will get released to the sale creator.
- Whitelisting : Sale creator will be able to whitelist wallets and run a whitelist sale on the platform.
- Vesting schedule : It will be possible to create a vesting schedule for the release of the tokens. It will help in minimizing dump after launch.
- Voting : Projects which are approved by the community will go live. Developers will be allowed to create decentralized presale but only those pools which pass voting will be allowed visibility on the site.
- Assured projects : Our team will relentlessly work to bring exciting projects on our platform. We will also do some due diligence from our side before passing it on to the community.
Website: www.kulaunch.io
Telegram Community : https://t.me/kulaunch_official
Twitter : https://twitter.com/KuLaunch_io
