Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => DeFi tokens => Topic started by: Monster5 on October 12, 2021, 06:05:05 PM
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DeFi has become a popular alternative to traditional finance. Decentralized finance allows users to have maximum control over their assets, automates financial transactions, and eliminates intermediaries which are common in traditional finance. This explains why DeFi is widely adopted.
However, there are inherent risks of losing funds in the DeFi space, and conducting an IDO across multiple chains is rare. In addition, there is a shortage of launchpads that guarantee investors funds and privacy. Only a few platforms have a solid vetting model to filter out scams. Aegis promises to solve these issues and provide an all-inclusive platform where fundraising can be initiated without the fear of losing funds because the company vets the projects before listing them.
The new fundraising platform for DeFi projects is AEGIS Launchpad and they are currently preparing for its IDO in October. After Aegis finishes its successful private fundraising that raised $200k, the launchpad aims its public sale round on October 12, 2021. Potentially after the upcoming IDO, the platform plans to soon raise another $100k in private funding,
IDOs Will Benefit AEGIS Launchpad
Despite being newer, IDOs have become more preferred over ICOs and STOs and there is good reason for this. IDOs allow token distribution to the public conveniently, which is an emerging platform Aegis needs. IDOs are decentralized, meaning there’s no central form of control. Projects are expected to pay exchange fees when listing their projects and this is a common occurrence with ICOs and IEOs. However, project owners don’t have to pay high fees with IDOs and require no permission.
The IDO launch will present Aegis’s native token $AEGIS. Traders will be able to purchase $AEGIS, swap cryptos/stablecoins, stake their assets, and have a major influence on Aegis development. The more $AEGIS token you possess, the more influence you exert in the community.
IDOs also offer immediate liquidity at almost all price levels and allows projects to access funds as quickly as possible. It also waves pre-mines, which favors project owners. These are the apparent reasons for the launchpad’s IDO launch.
source url (https://www.newsbtc.com/news/company/emerging-defi-fundraising-platform-aegis-launchpad-sets-date-for-its-ido/)