Matic Launch is starting IDO on Ideaology

MaticLaunch IDO

  1. Project info:
  • Website: https://maticlaunch.org/
  • Litepaper: https://maticlaunch.org/static/media/litepaper.efd80f77.pdf
  • Tagline: A decentralized fundraising platform for the next generation of ideas built on Polygon.
  • Description: MaticLaunch aims to disrupt the traditional fundraising process involving multiple investment rounds led by large-scale investors aka VCs by giving back power to the community
  • It provides permissionless investment pool creation functionalities to blockchain entrepreneurs, diverting their skills into core product development while the community vets projects by autopilot governance events, allowing them to move projects into investment pools. Thanks to Polygon, the entire process will be effortless while consuming extremely low gas fees.

2. Social media:

3. Token sale information:

  • Starts: 28th August, 2021 | 09.30 UTC
  • Ends: 29th August 2021 | 09:30 UTC
  • Total supply: 20,000,000 MTCL
  • Token for sale: 315,789 MTCL
  • To be raised: $30,000
  • Token price: $0.095
  • Individual allocation: $200 minimum, $700 maximum
  • Claim time: 29th August 2021 | 15:30 UTC
  • Vesting schedule: 50% unlocked at listing, 10% biweekly for remaining 50% tokens
  • Listing: 29th August 15:30 UTC

4. Token vesting schedule:

50% is distributed on 29th August, the remaining 50% should be distributed in the following schedule:

  1. 12.09.21–10%
  2. 26.09.21–10%
  3. 10.10.21–10%
  4. 24.10.21–10%
  5. 07.11.21–10%

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Total remaining 50% in 5 iterations.