The ’allocation’ is the share of tokens available for each trader to purchase. The provided allocation is not obligatory for redemption but the perfect outcome for a token sale is when every single allocation is sold.How do launchpads make their profit?
The monetization idea behind launchpads is very simple. There is usually either some kind of fixed fee for projects wanting to be listed for a token sale or the launchpad takes a share of the tokens as their commission.Launchpads and safety
The reason why launchpads have gained popularity lies mainly in the belief that the projects listed by them are safer than the ones using the original ICO concept. That is true, because launchpads take responsibility for the choice of start-ups they present, risking their reputation and exposing the financial benefits to stay clear of scams and low-quality projects. There is a vetting process, where projects are checked for compliance with national and international regulations, for financial viability, whitepapers are researched and sometimes even the background and reputation of its founders is looked into. Of course, there is no guarantee that the project you invest in is going to last long or multiply your investment by multiple times. In fact, platforms are not an official legal guarantor and will not compensate you if your investment is lost. As always with blockchain ventures, you should do your own research and this is where launchpads can be a great help.To sum up,
SpaceSwap Starter is able to offer users minimized risk, due to: the smart contract based process; the pre-checking of projects’ incl. basic documentation; a convenient project selection that lists all the necessary links and short descriptions; clear allocation logic; and a user-friendly UI. More features will be added gradually, expanding the amount of opportunities that the launchpad can offer.
Soon we will be announcing the first company to conduct a token sale on our platform - follow the news!
Also, keep in mind that MILK2 being our main token will be a pass to a lot of interesting events;-)
Stay tuned!
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