[PRESS RELEASE – Please Read Disclaimer]
With the immense growth of the cryptocurrency industry in the past decade or so, projects aiming to see the light of day require easy-to-access platforms where they can catapult their product. Naturally, this led to the creation of Launchpad platforms, but, in turn, many of them presented challenges such as lack of trust, transparency, or inefficient frameworks.
This is where PEAKDEFI steps in as it targets the aforementioned (and other) issues through its recently-released Launchpad, which offers enhanced protection due to a thorough due diligence process, fairness in selecting the protocols and the tier allocations, and effectivity.
PEAKDEFI Launchpad Released
With the historical data showing that generally, either investors or projects raising funds are left unhappy after the conclusion of the deal, PEAKDEFI built its Launchpad with the primary goal of satisfying both sides of the coin. To do so, it wants to become a partner of sorts and provide them with the necessary resources to take their projects to the next level.
As such, some of the services it provides include fundraising, marketing, business advice, and more. PEAKDEFI Launchpad has high standards for project evaluation, formed of a 5-stage due diligence process.
The team also thought about the different types of investors by creating a tier system enabling even the smallest ones to get the right portion of each pool’s allocation.
PEAKDEFI also has a native cryptocurrency (PEAK) powering the platform. It has a total supply of 2,000,000,000, and it’s an ERC-20 token built on the Ethereum blockchain. The majority has been distributed for staking on the Ethereum network, while the founders and the team have just 10%.
Holders can use the token to participate in crowdfunding, invest it in the PEAKDEFI Global Fund, and have the right to vote on any upcoming governance proposals.
The team also highlighted the completion of the first successful launch on the platform, which was sold out rather quickly.
Founded in 2020, PEAKDEFI is a self-funded project that provides decentralized finance (DeFi) for the crypto community. It has released several Web 3 products and has various utilities for holders of its native cryptocurrency – the PEAK token.
Through its recently-launched Launchpad, it wants to empower creators to confidently release their projects as well as strengthen investors’ belief in the ecosystem through a five-step due diligence program.
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