Bittime - DojoSwap, an Injective-based Automatic Market Maker (AMM) DEX, has just launched a presale factory to make it easier for developers to raise funds.
Prevent Fraud and Ensure Fairness
This presale factory is designed to prevent presale rug pull practices and unfair time allocation during the fundraising process. The entire process is managed by smart contracts to ensure fairness and transparency.
Check Today's Crypto Market:
Differences with DojoSwap Launchpad
Projects that use the presale factory are different from projects that utilize the DojoSwap Launchpad. Presale projects require investors to conduct more in-depth independent research because they do not have official support like Launchpad.
Initial Support Only for DOJO Token
In the initial stage, fundraising through the presale factory can only be done using the DOJO token as the main token. However, in future platform updates, developers will have to pay DOJO a $1,000 fee to host a presale, and all fees collected will be burned.
DojoSwap Factory Presale Benefits
DojoSwap's presale factory launch offers several benefits:
- Makes it Easy for Developers to Raise Funds: Developers can easily launch their own token presale to raise funds for project development.
- Prevent Fraud: Smart contracts help prevent fraudulent practices such as rug pulls.
- Accelerating Injective Adoption: DojoSwap hopes that the presence of the presale factory can accelerate the adoption and growth of the Injective ecosystem.
Also Read: What is Injective (INJ): How it Works and Features
How DojoSwap Presale Factory Works
Presale Factory allows developers to create their own tokens on Injective and presale them easily. The factory also automatically handles token distribution to investors once the presale is complete, as well as liquidity generation. Thus, developers who have no experience with smart contracts can also take advantage of this presale factory.
Benefits for DOJO Token Holders
- DOJO Liquidity Increases: Using the DOJO token as the main token in the presale will increase the liquidity of the DOJO token.
- DOJO Token Utility Increases: The presence of a presale factory increases the utility of DOJO tokens.
- DOJO Token Burn: Presale fees paid with DOJO tokens will be destroyed thereby reducing the number of tokens in circulation and potentially increasing their price.
Also Read How to Buy Crypto:
Building a Strong Injective Ecosystem
DojoSwap hopes that the presence of the presale factory can attract more developers to build projects in the Injective ecosystem and use their DEX and tools. Thus, DojoSwap seeks to make Injective one of the leading blockchains in this bull market period.
Check Crypto Prices Today:
How to Buy Crypto with Bittime
You can buy and sell crypto assets in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
To be able to buy crypto assets on Bittime , make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. Learn Complete Guide How to Buy Crypto on Bittime .
Monitor price chart movements of Bitcoin (BTC) , Ethereum (ETH) , Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
Also Read:
Injective Price Prediction (INJ) in 2024
Injective (INJ) Prices Soar, Potential to Rise Another 30-40%!
INJ Staking: Easy Steps to Earn Income Through Injective Staking
DISCLAIMER : This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
Comments
0 comments
Please sign in to leave a comment.