IDO is a new fundraising practice preferred by startups and project holders/owners to raise funds for their crypto projects. Polkastarter is one such perfect example of this type of fundraising methodology. Its decentralised nature has made this platform a huge success as many opt for it for crowdfunding. Features incorporated in it makes the functionality more seamless & flawless. Let’s look at the vital features of an IDO launchpad like Polkastarter in this quick blog.
Features Of A Polkastarter Like IDO Launchpad
Verification Of Projects Before Listing
In order to gain trust among investors and avoid them by investing in scam projects, the projects submitted for approval will be thoroughly vetted. So, this will ensure risk-free investment for investors.
Immediate Token Allocation
The Polkastarter like IDO launchpad grants investors to purchase the token as soon as the IDO project is live, ensuring no delay.
KYC/AML Compliance
Those who want to list their IDO tokens and the ones looking for projects to invest in have to perform the registration and verification process. This needs to be carried out to use the decentralized platform.
Fixed Swapping
This option makes certain that the projects are to be listed at a particular price. Unless and until the initial supply is purchased, the price will remain the same, i.e., be fixed. Henceforth, it will provide stability to new IDO tokens.
Cross-Chain Swapping
The Dex platform provides interoperability as the cross-chain swapping feature will enable projects to be listed on a different blockchain without hassles.
Final Verdict
This quick blog has given an insight into the indispensable features of the , IDO launchpad like Polkastarter. Apart from these, several features like anti-scam measures, liquidity mining, permissionless listings, whitelisting, and similar ones would lead the way to define the functionality, enabling seamless trading.