- Jigstack Acquires ICOrating To Revamp The Crypto Token Launch Industry
Jigstack, the DAO governing multiple revenue-generating protocols on various blockchains, has acquired ICOrating. Following this acquisition, all ICOrating assets will migrate to Jigstack’s Lemonade. As a multi-platform token launchpad, this marks a crucial milestone for this up-and-coming project.
ICOrating is a staple in the cryptocurrency industry. As an analytics, news, and rating service, the platform has introduced hundreds of projects since its inception. The team also provides ratings for the individual projects and reviews for different projects offered by themselves or their users.
At this time, 341 projects have received a Total Rating on the ICOrating platform with over 400 projects reviewed. The platform distinguishes between wallets, exchanges, lending, payments, mining, gambling, and other categories. Furthermore, it has a dedicated section for Initial Coin Offerings and Initial Exchange Offerings.
Many cryptocurrency enthusiasts favor this platform for its analytics, as it helped determine if ICOs and IEOs were worth paying attention to. Combined with a good selection of articles spanning multiple currencies, tokens, and assets, the platform built up a strong reputation. Since launching in 2016, the platform has kept growing and evolving to this very day. On Twitter, the team has over 32.700 followers, confirming its position as a viable resource industry.
Over the years, the team’s reports have made their way to various news outlets, including Business Insider, Ethereum World News, Bitcoin news, and many others. All of these publications have contributed to the success and legitimacy of ICOrating, allowing it to gain a loyal following in various countries, including India, Turkey, and Pakistan.
The ICOrating platform has pioneered the space since 2016 by focusing on independent and non-affiliates research on the crypto market and ICO industry. Their newsletter goes out to several dozen crypto-focused funds with over $2 billion in assets under management. Currently, the team spans over 50 analytics experts with a background in finance, investment banking, cryptocurrencies, and blockchain.
That reputation allows Jigstack to acquire this platform and further its vision of providing the lead token launchpad solution in the entire cryptocurrency industry. Jigstack’s Lemonade solution provides a decentralized token sale solution, giving creators customization options and investors peace of mind and transparency.
Acquiring this trusted review platform for new crypto projects gels well with the Lemonade vision. As a multi-chain token launch solution, Lemonade states its ambitions loud and clear by heading in this direction. Becoming the go-to launchpad for new crypto projects requires making a significant impact from day one.
Unlike other launchpad services involving intermediaries and centralized platforms, Jigstack’s Lemonade empowers the users. Whether it is a new cryptocurrency or Defi project, the permissionless nature of Lemonade provides automation and a-la-carte sales structuring.
Through the convenient web portal, anyone can create a token sale within a few minutes. This includes adjusting the token lock sequences, vesting periods, and overall token distribution logistics. No technical expertise is required to engage with this protocol.
The primary selling point of Lemonade is how it is the cheapest token launchpad on the market today. It requires a flat 1% fee of the tokens, a 0.5% marketing bounty, and a 1% share of the tokens for the network vault. There is no need to obtain Bitcoin or Ethereum, as you can pay everything with the native token.
Investors will interface with the Lemonade fundraising contract, supporting all Ethereum wallets- both hardware and software — on the market today. Via this interaction, investors receive transparent data about the token sale, including the token price conversion rate and current sale progress.
The technical prowess of Jigstack’s Lemonade and the ICOrating platform’s reputation creates a potent combination. Transforming the token launchpad industry forever is no small task, yet this acquisition confirms the demand for transparency in this industry. As Jigstack is rolling out its DeFi protocols across multiple blockchains — Ethereum and Hedera, with others likely to follow — the concept of a token launchpad needs to evolve accordingly.
This acquisition is an essential step for Lemonade to become the default launchpad in the broader cryptocurrency industry. The time for transparency, efficiency, and inclusion is now. Lemonade’s technology provides efficiency, convenience, and access to the entire Ethereum ecosystem from day one at rates no competitors come even close to.
We want to highlight our native $Jstak token. Holders of this asset have authority over the network and can partake in community governance through the Jigstack DAO.
Jigstack provides value to DeFi and tokenization enthusiasts through uniformity, quality assurance, and user empowerment. By embracing the Decentralized Autonomous Organization model, the team creates an umbrella that encompasses multiple projects generating a revenue stream, including DeFi token launchpad Lemonade and a decentralized marketing and affiliate solution called Ethlink.
All activity taking place on the network will offer rewards to Jstak holders, including transactions, campaigns, et cetera. Our token has an unprecedented potential dividend residual. The network takes a 1% cut. If $100 million is raised via Jstak for a token sale, a total of $1 million of that capital is distributed to all $Jstak token holders.
Telegram Group: https://t.me/jigstack
Telegram Channel: https://t.me/jigstackANN
- Date of publication:
- Tue, 02/23/2021 - 04:33
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