• About Us
  • Privacy Policy
  • Contact Us
  • Home
  • Bitcoin
  • Ethereum
  • Cryptocurrency
    • Altcoin
    • Litecoin
  • Blockchain
  • Regulation
  • Market
  • Prices
  • ICO
No Result
View All Result
Cryptounfold
No Result
View All Result
Home Press Release

UniCrypt Fully Decentralized Launchpad: Scalable and Automated Public Presales

by admin
January 22, 2021
in Press Release
0
0
SHARES
10
VIEWS
Share on FacebookShare on Twitter

UniCrypt is a blockchain platform creating the best possible environment for liquidity locking while establishing users’ trust. The continued loss of trust in decentralized finance projects is a significant push to what UniCrypt hopes to achieve. 

Related Posts

Digipad Ecosystem – Safer Crypto Investment Ecosystem

Everything You Need to Know

Carbon12 To Help Churches Transition From TradFi to DeFi

GASUtopia, the Cross-chain gas infrastructure, has received a $3 million investment from BitKeep to build a universal gas ecosystem in Web3

The project recently announced its ongoing plans to unravel its decentralized launchpad set to roll out at the end of January or early February. Currently going under auditing, the platform will host presales for any project willing to collaborate. 

It puts in mind the hardships that startup projects face, including the lack of support, funding, promotions, and more. Therefore, it is a public platform that will allow any project to host a presale to leverage its resources to advance. As UniCrypt puts it, the launchpad will be the ‘Uniswap of presales.’

To ensure that it still maintains the platform’s credibility, UniCrypt will release a function to encourage whitelisted auditors to point out any suspicious activity. If a token is flagged as questionable, the same information will appear during the presale.

Best Option for Centralized Launchpads

UniCrypt presents itself as a clear competition to all its centralized counterparts. Good examples are Binance, TrustSwap,  to mention but a few. While centralized presale launchpads have their fair share of popularity, they still fall short in some areas. One such case is the freedom of all to use their platforms.

For a project to hold their presale on centralized launchpads, they would require to match several factors as per the host platform. For example, Binance reviews the project history, how long it has been in existence, its potential on the crypto markets, its possibility for adoption, etc. Afterward, the launchpad team will assess which project is best to take up. Although it is a good way to avoid fraudulent activity, young projects may feel intimidated in such situations.

UniCrypt’s launchpad directs its objectives to provide equal opportunities for everyone who wishes to start their journey. The beginning will only allow token presales with plans of introducing the whitelisted auditors. In the end, it stands as a fully decentralized, autonomous, and highly scalable platform.

Presale Preconditions on The UniCrypt Launchpad

For a project to list on UniCrypt, it has to launch its token, consequently setting a soft and hard cap; this step activates the whitelist function available on the user interface. The project will proceed to the rounds it requires for its presale; the UniCrypt launchpad has a maximum of two rounds. 

The token’s team should then specify the currency they wish to raise with USDC, USDT, DAI, and ETH, among several UniCrypt avails. 

The first round’s participation is exclusively for UNCX and UNCL (UniCrypt’s native tokens) holders. All holders involved should have $500 worth of either token while the round is expected to go on for 2 hours. 

In the second round, anyone can participate or the whitelisted addresses by the token’s team. The event can take place up to two weeks after the beginning of the second round. 

An important point to note is that all tokens launching their presale on the platform need to lock a minimum of 30% of the liquidity pool on Uniswap. Nonetheless, it advises locking more than the minimum requirement, up to 100%. The presale platform is linked completely to UniCrypt’s lockers for increased efficiency. 

Establishing Trust and Scalability

To avoid any exit scams, the token presale team can only withdraw funds from the liquidity lockers after a predetermined period. Therefore, if the project does not hit its soft cap, the platform will fully refund all investors. 

On the other hand, its automated infrastructure enables a simplistic approach to all the events that occur on the platform. Scalability is a sure bet regardless of the number of presale activities on the platform. 

Finally, UniCrypt aims at presenting equality in the projects that can launch their presales on the platform while giving investors the upper hand to handle their capital. The platform will surely revolutionize the DeFi space offering more faith and opportunities to every interested party.

Useful Links

Twitter | Telegram

Popular

Market

Cryptographers Are Always Going to Be ‘One Step Ahead’ of Regulators: Monero’s Spagni

by admin
October 19, 2020
0

While regulators are trying to restrict privacy in crypto, their efforts may be futile, according to privacy-centric protocol Monero’s...

Read more

FinCEN Fines Bitcoin-Mixing CEO $60M in Landmark Crackdown on Helix, Coin Ninja

October 19, 2020

Analyst Claims Bitcoin Unlikely to Gain a Trend Until 2 Key Events Occur

October 19, 2020

Closing Time for Bitcoin’s Iconic Room 77 – ‘And That’s OK,’ Says Owner

October 19, 2020

Bitcoin News Roundup for Oct. 19, 2020

October 19, 2020

About

We publish a comprehensive news feed covering all news relevant to the crypto user, covering main industry news, politics and regulation as well as consumer-level “news you can use” (practical stuff), including handy DIY tips, links to useful tools, unbiased reviews and opinions revolving around cryptocurrency. Simple logic and real-world examples are preferred before technical jargon and personal rants.

Follow us

Categories

  • Altcoin
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • Ethereum
  • Litecoin
  • Market
  • Press Release
  • Regulation
  • Uncategorized

Recent Posts

  • Crypto Derivative Trading Volume Rose for First Time in 4 Months as Market Rallied in July
  • Binance Recovers $450K Stolen From Curve.Finance
  • Huobi Founder in Talks to Sell Majority Stake at $3B Valuation: Report
  • Genesis Digital Locks In 708 MW of Energy for Bitcoin Mining
  • About Us
  • Privacy Policy
  • Contact Us

© 2020 cryptounfold.org

No Result
View All Result
  • Home
  • Bitcoin
  • Ethereum
  • Cryptocurrency
    • Altcoin
    • Litecoin
  • Blockchain
  • Regulation
  • Market
  • Prices
  • ICO

© 2020 cryptounfold.org

  • MMS Cash TokenMMS Cash Token(MCASH)$1.000.00%
  • bitcoinBitcoin(BTC)$49,095.002.28%
  • ethereumEthereum(ETH)$3,384.05-0.62%
  • HEXHEX(HEX)$0.1290085.45%
  • cardanoCardano(ADA)$2.18-2.77%
  • tetherTether(USDT)$1.00-0.27%
  • binancecoinBinance Coin(BNB)$425.46-0.83%
  • SolanaSolana(SOL)$166.52-1.81%
  • rippleXRP(XRP)$1.04-1.73%
  • usd-coinUSD Coin(USDC)$1.000.74%