Crowdfunding has been a great way for businesses to raise funds for their upcoming projects. After the advent of blockchain technology, fundraising has become even more simple and easy for individuals to raise funds for their crypto startups. Initial DEX Offering has been the perfect way for DEX projects to raise their funds. For those DEX projects, here is a multichain IDO launchpad development.
Trustpad clone - An IDO launchpad on multichain
Initial DEX Offering is a fundraising platform through which crypto-based projects and decentralized fundraising projects gain their funds. IDO has been a great successor of ICO, STO, IEO, etc.
How does an IDO launchpad on multichain work?
1.Business owners can create their own account by submitting their credentials like their email address, phone number, and password. They should upload details about their official website, social media account, and white paper.
The platform will verify all the information submitted by the users and validate them.
2.Once the project is sanctioned by the platform, the projects will be added to the pools along with the starting date of the crowdfunding.
3.Before the commencement of the crowdfunding, the investors can request the IDO platforms to participate in the same. The investors will then purchase their native tokens from the platform.
Based on the number of native tokens owned by the investors, they will be granted eligibility to participate in the IDO crowdfunding.
4.On the date of crowdfunding, the investors will start chipping into the project inside the pool. Based on the project, the investors will receive the tokens.
Wrap it up:
Are you ready to develop your own IDO launchpad? Then contact us right now and schedule an appointment with our team!