Friday, July 19, 2024
24.9 C
New Jersey

AngelBlock raises funds through non-custodial protocol for hosting initial Lifts with SOLA-X

Must read

Gherardo Fiorenzo
Gherardo Fiorenzo is an Italian author with a unique perspective shaped by his experiences in Italy and the US. His thought-provoking articles, short stories, and reviews explore the intersections of language, identity, and culture.

AngelBlock, a web-based fundraising platform 3 for cryptocurrency, it has announced SOLA-X as the inaugural fundraiser project. Qualified investors may participate in the token sale, which is set to begin by the end of This month.

SOLA-X is building A multi-chain decentralized finance (DeFi) center offering a protocol- Managed liquidity and arbitrage mechanism designed to eliminate problems About high slip for Traders, impermanent loss and lower APYs for liquidity providers.

the protocol It is distinguished by its advanced liquidity management systemwhere users can provide a file asset which will be distributed across multiple liquidity pools for more Competitive returns.

the project It could be an opportunity. This height is first on AngelBlock, A.; new Crypto launch platform that aims to solve some of more common problems investors face post-Lifts. It’s focused on Increase transparency to protect investors, and hold startups accountable for they progressto forbid venture Capitalists throwing huge bags of symbols on retail marketAnd killing the token price.

to address this challengesProjects that excite on AngelBlock must agree to undergo the initial fundraising process phasefollowed by b post- Raise the verdict phase This helps ensure It can only access investor’s capital once specific milestones are achieved.

the second phase kicks off Immediately after the fundraiser phase It has concluded and guarantees that investors will play a key role in monitoring progress of all project and influence it direction. The idea is to increase collaboration between startups and investors ensure Everyone works for the same thing goal.

the way Works is that projects must be established clear landmarks in relation to them growth and expansion, with all one Specific outputs and timelines are a must met To open investors’ capital.

Once you start up says a milestone Accessed, investors can vote or agree to milestone And open the capital or reject it and ask project’s team To correct any problems they may see.

“in case of Refusal, the startup gets a chance to correct the issues and resubmit milestone for vote, thus providing a second chance to reorganize their efforts with Investor expectations,” said AngleBlock in Blog post. This dynamic feedback mechanism ensures continuous development and success of the project. “

while anyone can invest in SOLA-X, Priority access and larger investments ticket Volumes will be awarded to some investors on a basis on AngelBlock installation levels systemwhich requires users to share native THOL symbols.

Those who The 500,000+ THOL stake is rated “Institutional Investor” and has priority in increase and greater ticket customize size.

By accumulating 100,000 to 500,000 THOL users will be labeled as “angel investors” and gain second-Priority accesswhile storage between 20,000 and 100,000 THOL is sufficient earn the condition of “Value Investor” with Third priority.

Each investor category will have a 24-hour investment window, during which it can access the increase. Finally, everyone else (including non-enthusiasts) will be labeled as “standard users’ and have a chance to invest after those with priority access.

AngelBlock founder and CEO Alex Strześniewski told him team He worked for this first Lifts for many months.

“host first Lifts on AngelBlock emphasizes potential of our protocol and paves way for a more A transparent, accountable and attractive fundraising process within the DeFi landscape.”

Interested investors can check out the details of SOLA-X project here.

Before of Increase, will Strześniewski join one of Founders of SOLA-X in AMA session on reddit. Investors can ask questions about AngelBlock and fundraisers post- Elevating the governance process, f project Itself.

Disclosure: This content It is provided by a third party. It does not endorse any product mentioned on This page. Users have to do it themselves research Before taking any actions related to the company.

More articles

Leave a Reply

Latest article