Coinstore Launchpad, a platform under Coinstore.com, provided IEO services for all registered users of the platform on June 13. IEO (Initial Exchange Offering) refers to the act of using an exchange as a fundraising platform for the project party to issue low-priced early bird tokens to exchange users.
Coinstore divides IEO into subscription mode and airdrop mode creatively. The amount of IEO that users can allocate to both modes can increase with the completion of the quota increase task.
After the event starts, you can complete the invitation to friends, deposit, transaction, and KYC within the specified time (the task that has been verified before the specified time is considered to have completed the task) to increase the subscription airdrop quota. The task conditions and the number of quotas set by each activity are different.
Launchpad is a token issuance platform provided by Coinstore Exchange, and project parties can conduct an initial public offering of tokens through the Coinstore Launchpad platform. Compared with competing products, Coinstore Launchpad has more abundant user incentive tasks, including inviting friends, depositing coins, trading, etc. it has a more flexible locking mechanism, including unlocking transactions and unlocking deposits.
Ease of financing — Coinstore IEO can solve the problem of difficult initial project financing. With the support of exchanges and initial project investors, project financing becomes easier, especially in a bear market where market funds and liquidity are not high.
Simplify the process — the IEO stage simplifies the steps of the project party’s public offering, issuance, and listing on the exchange so that the project party can save a lot of human and financial resources and devote more limited energy to the project itself.
Professional marketing — For project parties who wish to raise funds, issuing coins through the Coinstore Launchpad platform can obtain unique resources to help the project party expand its influence, increase the hot spots of early publicity, and receive professional marketing and public relations support from Coinstore.
Greatly alleviate the problem of difficult marketing and publicity of the project party. It also means that project parties can reduce their external marketing channels for fundraising, allowing them to focus solely on the development of their products.
Flexible model — The project party can flexibly choose the lock-up ratio. Even if the lock-up ratio is not selected, users who participate in the Coinstore IEO subscription will be allocated a quota, and each user has a quota limit to ensure the decentralized holding of tokens and avoid projects. After the launch, the public offering users sold off a lot when the project was traded.
Investment project future — IEO may be a good choice for investors who want the exchange to provide more screening opinions. First of all, IEO is easy to participate in because there is no need to manage the chains of different wallets on different blockchains To trade on the platform, users only need an exchange account and some funds in the account to participate in activities through the safe and reliable website coinstore.com.
Reduce the cost of project selection — The projects participating in Launchpad are all selected by the professional team of Coinstore, which significantly reduces the difficulty of selection for investors.
Good expected earnings — The issuance price of Coinstore Launchpad is usually lower than the opening price of the secondary market, and users who participate in the IEO subscription will get a good return. In addition, after participating in the Launchpad IEO, the follow-up processes such as token issuance and secondary issuance will be directly connected, avoiding the situation that after participating in the public offering of the project, the exchange is delayed.
Subscription mode: If the total amount of subscriptions on the entire platform does not exceed the total amount of tokens issued by the event, how much will the user subscribe to and how much they will eventually receive
Distribution amount = (number of tokens invested by individuals/total amount of tokens invested by all participants) * Total amount of tokens issued by the event
the tokens invested but not used will be returned to the user.
Airdrop mode: If the total amount of airdrops obtained by users participating in the airdrop on the entire platform does not exceed the total amount of tokens issued by the event, how much the user participates in and how much they will eventually get the total amount of tokens, the final
Distribution amount = (personal airdrop quota/all participant’s airdrop quota) * the total amount of tokens issued by the event.
After the IEO project trading pair is listed on Coinstore, it can start to trade. Please continue to pay attention to our announcements.
Coinstore.com was founded in Singapore in 2020, Its 180 employees worldwide are distributed in Singapore, China, India, Brazil, Indonesia, and other countries, serving more than 800,000 registered users in 175 countries. Coinstore.com provides global users with quick and smooth cryptocurrency trading services, derivatives business, OTC services, and NFT services.
Coinstore.com, as the world’s leading provider of financial infrastructure and technology in the field of the crypto economy, aims to become the “next Coinbase” in Asia, Latin America, and Africa.
Bommi Hua, Assistant Marketing Head, Coinstore.com
Jennifer Lu, CO-FOUNDER, Coinstore.com
Telegram Discussion Group：https://t.me/coinstore_english
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