DuckSTARTER IDO launchpad, designed as part of DuckDao incubator and serves as the final step before the project gets listed on centralized exchanges. It is a multichain launchpad that supports ETH, Polkadot, Polygon and BNB chains.
Powered by the DuckSTARTER coin, $DUCK, the launchpad gives crypto startups an opportunity to raise capital from small and middle size investors.
The platform shows a decent average ATH ROI of 17.17x, among an impressive number of 66 launched projects. Its most successful projects are RocketX Exchange (RVF) and Red Kite (PKF).
DuckSTARTER Overview
DuckSTARTER - About
DuckSTATER launchpad was founded in 2021, complementing the DuckDao incubation platform, which boasts a high ranking on the Certik security audit, scoring an impressive 82 out of 100 points. The DuckDao’s incubator is dedicated to support new projects in a three different ways:
- Incubation: The platform works with projects’ teams from its very beginning to the listing on centralized exchanges to help them build and launch successfully.
- Strategic Contribution: DuckDao assists projects’ teams with social media strategy, including Twitter and Telegram.
- General Contribution: The incubator manages the OTC sales process and handles community requests regarding product changes.
One of the primary issues that DuckDao aims to resolve is the phenomenon of tokens’ price "dumps" by large venture capitalists, often referred to as "whales" immediately after the listing of new tokens on centralized exchanges. DuckDao sought to make new projects less vulnerable to such dumps, by democratizing the requirements for the participation in early-stage investment rounds. This objective led the company to the creation of the DuckSTARTER launchpad.
To participate in an IDO on DuckSTARTER, you need to:
- Complete KYC verification
- Have one of the five tiers: Bronze, Silver, Gold, Platinum, and Champion. Your tier depends on the amount of $DUCKs you locked. You can find more info about DuckSTARTER launchpad tiers here.
Then, you receive points based on your tier and are able to see other participants' points on DuckSTARTER’s leaderboard. Points are indicators of how many times your wallet address will show up in random allotment.
Launchpad offers 3 batches of allocation in an IDO, where the 1st batch is the most beneficial, and the 3rd batch is the least. Depending on what spot (batch) you’ve got, during IDO, your number of points changes as follows:
- With 1st Batch, you lose all points;
- With 2nd Batch, you lose 1 point;
- With 3rd Batch, you receive 2 points.
The point system in the DuckSTARTER IDO process aims to even out the chances of securing a batch 1 spot, reduce the chance of missing it a few times in a row and reward long-term community members. If you want to know more details, check out DuckSTERTER “participation in IDO” guide.
