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Learning & News => Announcements [ANN] => Tokens/Coins Offerings (ICO, IEO, etc.) => Topic started by: Jee on August 21, 2021, 04:11:03 PM

Title: Matic Launch is starting IDO on Ideaology
Post by: Jee on August 21, 2021, 04:11:03 PM

MaticLaunch IDO

(https://i.imgur.com/ObjRtFN.jpg)

1. Project info:

Website (https://maticlaunch.org/)
Litepaper (https://maticlaunch.org/static/media/litepaper.efd80f77.pdf)

Tagline: A decentralized fundraising platform for the next generation of ideas built on Polygon.
Description: MaticLaunch aims to disrupt the traditional fundraising process involving multiple investment rounds led by large-scale investors aka VCs by giving back power to the community
It provides permissionless investment pool creation functionalities to blockchain entrepreneurs, diverting their skills into core product development while the community vets projects by autopilot governance events, allowing them to move projects into investment pools. Thanks to Polygon, the entire process will be effortless while consuming extremely low gas fees.


2. Social media:

Twitter (https://twitter.com/maticlaunch)

Telegram (https://telegram.me/maticlaunch)

Medium (https://maticlaunch.medium.com)


3. Contract address (https://polygonscan.com/token/0xba73EE00053391E57A14877c1ab94Bc8d560e7cE)

4. Audit report (https://github.com/maticlaunch/MTCLToken/blob/master/audit/TechRate.pdf)

5. Token sale information:

Starts: 28th August, 2021 | 09.30 UTC
Ends: 29th August 2021 | 09:30 UTC
Total supply: 20,000,000 MTCL
Token for sale: 315,789 MTCL
To be raised: $30,000
Token price: $0.095
Individual allocation: $200 minimum, $700 maximum
Claim time: 29th August 2021 | 15:30 UTC
Vesting schedule: 50% unlocked at listing, 10% biweekly for remaining 50% tokens
Listing: 29th August 15:30 UTC


6. Token vesting schedule:

50% is distributed on 29th August, the remaining 50% should be distributed in the following schedule:

1. 12.09.21–10%
2. 26.09.21–10%
3. 10.10.21–10%
4. 24.10.21–10%
5. 07.11.21–10%
____________________
Total remaining 50% in 5 iterations.