Dubai, UAE, Nov. 30, 2021 - Polygen is being listed on its recently established decentralized launchpad along with TrustPad, PolyStarter and Copper.
Polygen, the Community’s launchpad, has confirmed that it will carry out initial decentralized offerings (IDOs) across three major platforms. The initial Polygen IDO (PGEN) is set to launch via its own Polygen platform.
Investors will get the opportunity to check out the new know-your-customer (KYC)-only IDO process and can actively participate in an innovative auction system. There will be no gatekeepers, no whitelist, no lottery and no whales. This is notably a fresh approach to the sometimes-restrictive methods preferred by more traditional launchpads.
You will find more details regarding the KYC process here.
How Polygen and other launchpads differ for projects
Projects should have complete freedom to determine how much they intend to raise, what auction mechanism they prefer to use and how they plan to manage their tiering. They should also be able to initiate any type of financing round (seed, private, public), or conduct connected rounds.
Most traditional launchpads only choose a few projects to launch each month through gatekeeper panels based on their rigid investment-return criteria. They’re mainly focused on short-term gains or results and obtaining a huge return multiple in order to address the requirements of their short-term investor communities. However, in this model, truly innovative projects might miss out on the chance to fundraise and demonstrate their scope.
In particular, Polygen provides a great opportunity for a rich and diverse community that’s primarily focused on the long-term success of initiatives and is motivated by innovation and achieving decentralization.
As part of the triple IDO, users will be required to follow each launchpad’s guidelines and key processes separately. You can review more details on how to take part in the PolyStarter and TrustPad listings below.
Here are some key dates:
- Nov. 30, 2020 - PolyStarter Whitelist Opens.
- Dec. 5, 2020 - TrustPad Whitelist registration opens.
- Dec. 6, 2020 - PolyStarter Whitelist closes.
- Dec. 6, 2020 - KYC closes for Polygen.
- Dec. 6, 2020 - Polygen IDO and TrustPad IDO.
- Dec. 6, 2020 - PolyStarter & Copper IDO.
For other important dates, you can follow Polygen’s Telegram group. [https://t.me/polygen_launchpad]
Here’s how you can participate in the Polygen IDO
The team at Polygen has compiled a detailed guide to assist you with learning how to effectively participate in the listing. More information is available here. (should this be a link?)
You can also review the PolyStarter IDO guide here.
The TrustPad IDO guide can be accessed here.
Polygen is the Community’s Launchpad. It is the first truly decentralized launchpad where projects are free to innovate, experiment and launch with no gatekeepers, no whitelist and no whales.
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Mike Hepburn, CEO of Polygen