Diamond-Hand Mechanism for the First Time Applied to Launchpad by Infinite Launch

Investors and project owners’ barriers are resolved as guaranteed allocations become a reality

Panama City, Panama–(Newsfile Corp. – November 16, 2021) – Infinite Launch, a new cross-chain launchpad for both Decentralised Finance (DeFi) and nonfungible token (NFT) projects has just introduced the one-of-a-kind allocation mechanism that offers investors a guaranteed access to their IDO projects’ allocation pool regardless of their position or resources. This groundbreaking innovation is rooted from a deep understanding of the project leaders towards the crypto market.

Cutting-Edge Innovation With A Meaningful Purpose

“We are fully aware that despite high potential for growth, the launchpad industry has been facing numerous pain points that hinder every stakeholder from making their most of it. For instance, project owners can’t reach long-term investors and always have to go deep with their token dumping after the IDO, while investors are also struggling with getting whitelisted for the IDO and frequently miss their chances to multiply their financial assets.

However, we believe that everyone deserves a reward if they show the dedication to support the project in the long-term. Therefore, under the Diamond-Hand mechanism, they will have their chance to get guaranteed IDO allocations by committing to vest the token they are going to buy for a longer period of time. Spontaneously, this mechanism will also bring long-term token holders for the project, as well as mitigate the pump & dump schemes upon listing to some extent,” says Henry V., Co-Founder of Infinite Launch.

In detail, Infinite Launch’s allocation process is started with the division of the total allocation amount under two pools for two different user types – the Infinite Army and the ILA Tier, with 20% going to the former and 80% to the latter. While ILA Tier users are those who earn an allocation slot thanks to their high number of token locking, the Infinite Army are normal users who succeeded in showing their dedication towards the launchpad and the project, thereby being granted a slot for the IDO allocation without having to hold any launchpad token.

ILA Public Sale

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About Infinite Launch

Infinite Launch is a cross-chain launchpad for hand-picked DeFi & NFT projects with the first-ever mechanism where holders can lock away their tokens for guaranteed IDO allocations.

Find more information about Infinite Launch at:

Website: https://infinitelaunch.io/
Medium: https://infinitelaunch.medium.com/
Twitter: https://twitter.com/InfiniteLaunch
Telegram Official Channel: https://t.me/InfiniteLaunchNews
Whitepaper: https://infinitelaunch.io/InfiniteLaunch-Whitepaper.pdf

Media Contact:

Infinite Launch
Email: [email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/103785

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