Abstracts - LPI DAO
The abbreviation DAO stands for Decentralized Autonomous Organization. A decentralized organization is a network of peers that are not controlled by a single body or individual. This indicates that the organization is transparent, and no middlemen are required to carry out transactions. The blockchain technology is utilized to keep track of all transactions made by the DAO, as well as to serve as its voting process. This voting system's dispersed structure assures that no one entity can corrupt or undermine it. A DAO may be established by anybody from any sector.
It functions as a virtual business entity that provides services to consumers and produces income by doing so. DAOs are utilized in circumstances where resource management demands perfect openness and impartiality, since even the slightest possibility of corruption negates their function.
Existing centralized seed investment platforms are unable to adequately accommodate the volume of incoming ICOs. They are also unable to adequately handle the large number of investors searching for early-stage investments. When it comes to marketing, community development, consulting, and industry contacts, each initiative is on its own. Because these things are costly, only a small percentage of new ICOs can obtain sufficient financing. The remaining ICOs go undiscovered, resulting in a lesser ROI for investors. Investors want to see their cryptocurrencies increase, so they are always looking for new methods to diversify their holdings. This, however, puts consumers at danger of investing in frauds or dubious ideas that may never materialize. The purpose of this coin is to address these difficulties via the LPI investing platform, as well as to establish an aggregator platform that will attract more investors with large amounts of cash
What Exactly Is LPI DAO?
LPI DAO is a decentralized platform that grants seed funding to anybody with a blockchain-based product concept (DAPPs). LPI enables users to invest in breakthrough blockchain-based projects that have been selected by industry professionals. Users that utilize the LPI platform have access to DAPP development teams for further input and assistance. Before getting authorized for financing, each project will be examined by our team of specialists based on its vision, market trend potential, and feasibility. LPI DAO offers our customers a one-of-a-kind option to participate in pre-seed fundraising rounds for business ideas that are not yet suitable for conventional investment. The LPI DAO collects all monies raised by platform users who have demonstrated interest in a project proposal via our innovative tokenized voting mechanism.
How Does LPI DAO Work?
The LPI DAO operates inside a circular economy. As an LPI token holder, you may invest your $LPI tokens in projects and benefit from the project's income split. If you want to withdraw your $LPI tokens from the market, you must first purchase them back at market pricing. We will create a new token for every LPI token that is purchased back and burnt. As a result, there is always a purchase pressure on tokens, with more individuals wanting to buy than sell. The DAO will subsequently be able to invest in new projects on the Dev Hub platform, which produces income from premium features and allocates a portion of revenues to buying back and burning $LPI tokens on the open market.
LPI DAO - Primary Mission
The LPI DAO's mission is to create a decentralized, collaborative, and transparent investment platform for blockchain-based enterprises through an ICO. The LAUNCHPAD Investment Platform (LPI) will be an ecosystem of tools that will provide smart contracts, strong security standards, and a variety of other technical solutions to project teams wishing to launch their tokens on our platform. The fundamental goal of this platform is to make it simpler for consumers to invest in various projects by providing them with tools to assess the trustworthiness of a particular project.
All About $LPI Token
Within the ecosystem, the LPI token will be the main method of value exchange. The Ethereum network serves as the foundation for the LPI coin. The LPI token will be used to perform any payments for LPI DAO platform goods and services, including but not limited to dev features, advertising services, and any other product or service supplied by the LPI DAO platform. All LPI token purchases will be maintained in a smart contract, ensuring that buyers get a refund if the product or service is not supplied. LPI DAO allows investors to profit from their contributions without fear of losing money due to a failed project or criminal action, since they are protected by smart contracts that minimize counterparty risk. The cost of utilizing these smart contracts will be deducted from customer payments made using LPI tokens.
Tokenomics - $LPI
The LPI objective is to empower the crypto community by providing investors with a research-driven, community-oriented platform. It is intended to offer a comprehensive solution for its consumers by combining a decentralized investment fund, an exchange, and a marketplace. The LPI token will power the LPI Platform. The token value is determined by the LPI platform's use as well as token holders' governance rights on the platform. The LPI team believes that in order to effectively serve our community, we must also be a part of it. As a result, 20% of all profits generated by the LPI team will be used to purchase and burn tokens.
The LPI token model is based on three types of users who interact with one another on the platform:
Investors: They can find new projects, vote on them, and invest in them through one or more DAOs created by the team.
DAOs: They are funded directly by our platform's investors, with no middlemen involved.
Exchanges: In order to offer liquidity to our ecosystem, we will power our own exchange as well as interface with existing exchanges and initiatives.
LPI Token Detail Information
- LPI is a ticker
- Type of token: ERC-20
- 1 LPI = 0.25 USD is the token sale price.
- Tokens totaled: 10,000,000 LPI
- There are 1,200,000 tokens available for sale (12 percent LPI)
- 464,00 initial circulating supply (4,64 percent LPI)
- Vesting Period for Public Sale: 20% TGE, 2 week cliff, 2 month linear vesting
Summary
So, each member of the LPI community can benefit from the platform by receiving returns on their ICO and token investments, or from trading with LPI tokens through our exchange. All three benefits will drive demand for LPI tokens and ensure that each $LPI token is used multiple times.
Once the ICO date is announced and open to the public, anyone will be able to participate in the DAO by purchasing $LPI tokens (licensed platform investment tokens). The LPI ecosystem will include a web portal where projects can apply for funding by posting information about their business and the project itself, and giving investors access to the basics of those businesses, including advisors, team member profiles, roadmaps, product/service history, financial models and more. Summaries will be audited by a third party audit firm before being approved for inclusion on the platform.
By buying $LPI DAO you will be doing your part to help fuel the next generation of blockchain based projects. So, let’s all buy $LPI DAO.
If You need update details information, follow LPI DAO Official at:
Website: https://lpi.finance/
Medium: https://lpi-dao.medium.com/
Twitter: https://twitter.com/LpiDao
Telegram Official: https://t.me/LpiDaoOfficial
telegram news: https://t.me/LpiDaoNews
About Content Creator
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