Kick.oi Team aims to offer full support of Cardano native tokens and advanced DeFi tools that will make upcoming projects to thrive and prosper
VILNIUS, LITHUANIA / ACCESSWIRE / October 12, 2021 / Kick.io, the first-rate decentralized fundraising platform and project accelerator that operates on the Cardano blockchain, released cryptocurrency Initial DEX Offerings (IDO) Launchpad for Cardano-based projects. It can be considered as the next-generation fundraising platform for thousands of early investors, future-unicorn chasers, and the extensive Cardano community. The Launchpad leverages DeFi innovations to provide a secure, transparent, and fully decentralized crowdfunding service.
“Kick.io collaborates with start-up incubators and keeps a close eye on what’s going on within the Cardano community. But we apply the highest standards for crypto start-ups and only host the most promising and groundbreaking projects to launch on Kick.io,” – said Tom Nicholson, Chief Business Development Officer at Kick.io.
Having several unique features, Kicki.io Launchpad brings a whole new opportunity for the users. For example, Kick.io’s fundraising platform is built following the best DeFi industry practices. It ensures real-time settlement meets the highest interoperability and security standards and provides full scalability and decentralization.
Contrary to competitors, Kick.io offers complete support for Cardano native tokens and hosts both utility and security token IDOs.
Besides that, Kick.io comes with a suite of advanced decentralized finance (DeFi) tools for IDO Launchpad. This includes project endorsements, private and public sale options, and automated distribution.
Additionally, Kick.io provides staking functionality. Any holder of the platform’s native KICK token can participate in project endorsement, allocate their tokens, and get up to 5% rewards. Kick.io deducts 5% endorsement rewards together with its 2.5% commission fees from the project’s full raised amount.
Initial DEX offering (IDO) is a new fundraising method for decentralized finance projects that enables startups to crowdfund their native token on decentralized exchanges (DEXs). Decentralized exchanges, also known as liquidity platforms, use liquidity pools to enable token trading.
IDOs are the next big thing in the cryptocurrency world with more and more businesses choosing them for fundraising. They mark an important shift in crowdfunding processes and provide a more transparent, secure, and efficient way to raise funds.
“There is a real buzz and hype about Cardano at this moment. The ecosystem is about to grow exponentially and the projects that are gonna launch on it will be exciting. So being able to launch these new projects and helping the ecosystem grow is very much central to Kick.io is all about.” – stated Tom Nicholson, Chief Business Development Officer at Kick.io.
Kick.io is a Cardano-based fundraising platform for promising cryptocurrency startups on Cardano blockchains. The platform is led by DeFi and traditional finance professionals and is set to become an integral part of the Cardano ecosystem. The platform has issued its native KICK token with a total supply of 350 million. The current market capitalization of Kick.io is $10.39 million.
Chief Business Development Officer
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