Poolz Finance is a decentralized Web 3 cross-chain platform that provides access to the Initial DEX Offering (IDO). Thanks to the Poolz ecosystem, crypto startups have a unique opportunity to attract financing, increasing liquidity, while at the same time attracting more attention from users and investors. At the same time, users have a very effective tool for generating additional earnings by purchasing tokens from blockchain startups at an early stage.
It is one of the leading platforms (TOP 10) in the launchpad segment in the cryptocurrency market with a market cap of more than $440 million.
Date of foundation: in 2020
Core team of Poolz Finance
- Guy Oren (CEO)
- Liam Cohen (Co-Founder)
The Poolz Finance team consists of experienced blockchain specialists, professionals in the sphere of software development, as well as marketing, business development and finance.
More info about Poolz Finance Launchpad
The architecture of Poolz Finance is built on a lottery system and Whitelists. This system actually compares the chances for IDO investors. This approach prevents the dominance of larger investors, thus ensuring fair allocations among all users. Aso, thanks to the fixed swap mechanism, investors have the opportunity to purchase project tokens in advance at a set price and for a predetermined period of time. At the same time, all users have equal chances to get a seat in IDO. So, in order to become a member of IDO on the decentralized platform Poolz, one needs to meet a few key conditions and get the coveted Whitelist. Also, to participate in IDO and claim tokens on Poolz Finance, a completed KYC (Know Your Customer) procedure is required. Poolz Finance has a rating system. This model allows participants to increase their investment and the chance of getting allocations in IDOs.
- Tier 1 – 1-249 POOLX
- Tier 2 – 250-3499 POOLX
- Tier 3 – 3500-19999 POOLX
- Tier 4 – 20000+ POOLX
Note that to receive a guaranteed allocation, at least 250 POOLX tokens must be locked via Lock POOLX section. POOLX digital tokens offer the opportunity to earn tickets, which in turn give them a chance to participate in IDO. And the number of tickets earned grows with each Tier and POOLX token hold time. In case the user has locked between 1 and 249 POOLX tokens, the right to participate in IDO will be obtained only by lottery. That is, there is a possibility of not getting the coveted allocation. Based on this model, the more POOLX tokens the user has blocked in the system, the more allocation he will receive. Holders with more than 20K tokens get the status of a Council Member and have the right to participate in decisions that determine the launch of a crypto startup on the Poolz Launchpad platform. The special feature of POOLX Lock is that for every 250 tokens the locker receives one lottery ticket. Thus, if an investor locks 1000 POOLX tokens, he gets four lottery tickets. This significantly increases the chances of winning an allocation through the lottery system. Poolz Launchpad, as you can see, is designed to give every user the opportunity to become an exclusive member of the Poolz Finance ecosystem with a number of benefits, including the guarantee of a larger allocation when distributing IDO project tokens, voting rights on the platform and more.
Token POOLX
It is an internal token of the Poolz Finance ecosystem, which acts as the main unit of account, maintaining the value of the ecosystem. In addition, the POOLX token provides access to broader, unique features and opportunities for users, traders and investors.
Key metrics of Poolz Finance Launchpad
Launched of categories
- GameFi – 34.6%
- DeFi – 27%
- Blockchain Service – 19.5%
- NFT – 8.2%
- Blockchain Infrastructure – 5%
- Social – 4.4%
- CeFi – 1.3%
