Deuxpad, a Binance Smart Chain (BSC) based IDO, and NFT gaming launchpad is elated to announce the fair launch of its native token, DEUX.
As per the announcement, Deuxpad wants DEUX distribution to reflect their stands. The platform plans to equitable distribution of its DEUX through an anti-whale protection mechanism. This means that Deuxpad will not be allocating any DEUX tokens to crypto venture capital investors or whales.
Notably, the DEUX tokens comply with the BEP-20 standard. There will be a total supply of 200 million DEUX with an initial market capitalization of $120,000. From the total, 20 million has been allocated to the community and are currently being sold for $0.015 in the upcoming community sale. The platform plans to mint 30% of the allotted amount, with the remainder released equally in the second and third months. At the moment, investors are welcome to participate in the whitelisting process ahead of the community sale that will end on February 11, 2022. From February 14, the platform will allow investors to buy DEUX with the minimum and maximum limits set at $15 and $500, respectively.
Deuxpad also plans to use 70 million DEUX tokens for staking and rewards. The project also plans to use six million in airdrops which will be partially unlocked in the first quarter. Twenty million will go to strategic investors, with each token being sold for $0.01.10% of the amount collected will be minted and the reminder vested for the next 18 months.
In addition, 20 million more tokens have been assigned to provide liquidity once the token has been listed on PancakeSwap. Initially, the team will add 5 million in the first week, with the remaining balance set to be added in the 10th month. Listing on PancakeSwap is scheduled for February 16, 2020, with the price set at $0.015. Lastly, the team behind the project, advisors, and marketing will share in the remaining 64 million DEUX.
Deuxpad is community-oriented and seeks to provide users with fair and transparent investment channels. The platform scan the IDO and NFT Gaming ecosystem from an investor’s perspective. Deuxpad stands out because it offers pre-IDO, IDO, and IGO projects that meet their stringent selection criteria. Notably, the platform is guided by four main principles: smart contracts operation enabling autonomy, enabling early-stage investment, equitable digital asset allocation for ordinary investors, and incubation of successfully screened projects.
Source: https://zycrypto.com/bsc-based-deuxpad-to-hold-fair-launch-for-deux-rebuffs-crypto-venture-capitals/