EXO-Launch

Cross Chain Decentralised LaunchPad for New DeFi Projects.

In late 2017 and 2018, we saw the ICO boom, where teams would raise money by selling their cryptocurrency to the public. This created an absolute euphoria as these projects would multiply in value once they were listed on an exchange and open for trading. The "ICO bubble burst" in 2018, before the arrival of a new and "safer" fund raising method is introduced - IEO. Towards the end of the first quarter of 2019, initial exchange offerings (IEO) made their grand entrance and EXONIUM Centralised exchange was part of this evolution, launching a couple of successful projects on our exchange. Based on previous IEO experience and industry knowledge, the idea of a decentralised version of EXO-Launch is born.

As Exonium moves towards decentralisation for all of our infrastructures, our developers will be implementing EXO-Launch as part of our plan to build a comprehensive DeFi ecosystem.

EXO-Launch Architecture

EXO-Launch allows new cryptocurrency projects on the BSC and Polygon network to raise funds by setting up different launch method such as a swap pool based on a fixed purchase rate for tokens and tiered allocations. Other than offering a complete ecosystem and launch method of new projects and potential partners, ExoniumDEX community members who hold $tEXO will have an additional layer of utility and incentive through EXO-Launch.

With EXO-Launch, decentralized finance projects will be able to raise and exchange capital effectively with efficiency. Investors will be able to participate in a secure and compliant environment on ExoniumDEX.

Blockchain projects can raise funds on EXO-Launch’s interoperable and decentralized infrastructure through applications such as;

  • Fixed Swap

  • Tiered Allocation

  • Dutch and sealed-bid auctions

  • IFO

FIXED SWAP POOLS

“Fixed Swap Pools” have many advantages for investors over traditional fundraising models like ICOs, IEOs and IDOs as it will maintain the token price throughout the sale until the initial supply is bought.

With the fixed exchange rate structure, investors as well know exactly how much they are paying for and how much they are getting. That allows investors to accurately calculate their cost basis in order to make better informed investment decisions in the future.

Having a large number of token holders shows community strength, with project's token distributed geographically and demographically. Community is a key advantage to have as a token project. Many centralised exchanges will look at the community strength as key indicators of whether or not to list a project. Fixed token swap pools can help to ensure that more investors are able to get in on an investment opportunity.

EXO-Launch system is a provably fair system giving our users the proper incentives to accumulate and hold tokens and support each and every project launched. Over time, based on feedback and future new development, we will tweak certain parameters as necessary to keep the launch system competitive, up to date and rewarding for all community members.

We strive to be the next evolution of blockchain launchpads solving the fundamental flaws that plague fundraising on the blockchain. This platform benefits all holders of the token and allows for fair launches giving all of our community members with no discrimination, the opportunity to invest in the best upcoming projects.

Tier Allocation

The fundamental flaws of existing launchpads is that acquiring enough tokens to participate in the ecosystem is prohibitive, and even if you do hold the tokens, you are not guaranteed an allocation spot. They are based on a first come first serve basis where automated bots can fill the whitelist spots in a matter of seconds. EXO-Launch is creating fair decentralized launches.

The advantage of the EXO-Launch is that we will also implement a tiered system as well to ensure that every tier level is guaranteed an allocation. True fair distributed rewards for all participants. No gimmicks.

Different tiers will require a different quantity of tokens staked and in return, the amount of allocation is correlated to the amount of tokens staked. This is based on poolweight allocated to each tier.

As the team develops EXO-Launch at a latter stage, a detailed documentation of all features and mechanics will be released. We will monitor the best case study and adapt to the market climate for the best execution.

Last updated