With the goal of offering a complete end-to-end protection of our members, we are redefining each step of the IDO process to make it more robust.
That means, from the very first point of contact — our social channels — to the very last phase of the IDO and the vesting period, we’re carefully crafting everything to make it safer for you:
1. Verified Socials
Verification from a social media platform means a project’s profile or channel is official and their verification application was approved by Telegram or Twitter. This offers users a way to identify the original profile and channel from the fake ones and stay safe.
This has become increasingly important for our Telegram group considering there’s a huge number of duplicate channels trying to scam investors. And Poolz is proudly one of few IDO platforms that has received the verified status by Telegram.
2. IDO Participation in $BUSD
We have enabled IDO participation using the BNB Chain-based stablecoin $BUSD to protect our users against the high volatility of other crypto assets. This also adds to Poolz’s multi-chain future and enables IDO claiming across Ethereum, Binance Chain, Avax, Polygon, Tomochian, Heco, Kyber Network, Harmony, Nervous, Fuse, Moonbeam. There are many more chains to be integrated in this list.
3. Listing with CEX
One of the primary conditions to launch an IDO on Poolz is that the project needs to have at least one top-tier centralized exchange listing assured.
4. Claiming Condition
The claiming time must be within one hour after the TGE event and no other IDO platform can claim before Poolz.
5. Risk-free IDO Model
Poolz is the first-ever IDO launchpad to launch a Risk-free IDO model. As a part of this, users can ask for a 100% $BUSD refund within 24 hours of the IDO if they are not satisfied with the project’s launch.
6. Poolz Secured IDO Model
At this time, Poolz is the only launchpad that offers this level of protection, starting from TGE event till the end of vesting.
With Poolz Secured IDO, users can claim a refund at the TGE. Further, Poolz transfers the funds raised from an IDO to the projects based on a vesting plan instead of doing it in one go. In the event that the project fails to adhere to its plans after IDO or shows no progress, Poolz is entitled to refund the remaining funds to the users.
*Refund option is available only for the holders that will keep the $POOLZ tokens locked during the vesting time period.
7. Continuous improvement
Finally, we are always trying to improve and listen to what our community has to say. In order to have an honest measure of our actions, we will systematically launch Community surveys to take in your feedback and act accordingly.