TruePNL IDO launchpad is a multichain fundraising platform that links innovative blockchain projects with crypto investors through a secure, user-friendly platform. It enables projects to raise funds by creating token exchange pools and conducting sales rounds via smart contracts on Ethereum and Binance Smart Chain networks.
Of the 61 IDOs conducted via the platform, the launches of Ridotto and Altava stand out as two of the most successful ones.
In August 2022, the TruePNL launchpad expanded beyond IDOs and hosted its first share contract offering event for ConsenSys, providing its community with access to an exclusive private sale.
TruePNL Overview
TruePNL - About
The TruePNL launchpad is a multi-chain fundraising platform that supports Ethereum and Binance Smart Chain networks. It is designed to connect revolutionary, high-quality blockchain startups with dedicated crypto investors. TruePNL assists startups with marketing, giving them access to its network of active investors and influencers.
The platform has a unique allocation distribution model, with no TruePNL tiers. Instead, it provides highly fair and distributed investment opportunities to its community, utilizing a PNLg points system. PNLg point is an ultimate tool for receiving guaranteed allocation during IDOs. You can receive 1 point per day for every TruePNL token you hold in your wallet. Moreover, by staking $PNLs or adding tokens to liquidity pools, you can earn additional points and rewards.
Using PNLg points, you can participate in a TruePNL initial offering event in a few different ways:
- PNLg Pool: This pool, based on the off-chain PNLg points, enables users to receive a guaranteed allocation, up to 5% of the total allocation sum, equal to their share of PNLg points invested in the pool.
- Lottery Pool: Available for any KYC verified users who want to participate in random allocation, without use of any PNLg points. Once the whitelist period ends, the TruePNL launchpad randomly allocates tokens to participants.
- Vested Pool: Allows investors to participate in vested and private sales by contributing PNLg points to the pool. For every new vested sale, launchpad determines the amount of points worth 1$ allocation, depending on market condition and project popularity. If the sale is divided into rounds, the amount of PNLg worth 1$ can change.
- FCFS Pool: If all IDO rounds are completed, but there is still some allocation remaining after the sale for whitelisted users, TruePNL announces an FCFS round. Anyone with completed KYC verification on TruePNL can participate in the FCFS event and purchase a fixed amount of tokens.
Learn more about TruePNL launchpad requirements here.
