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24-hour Refund Mechanism for Tokensales on DAOLaunch

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24-hour Refund Mechanism for Tokensales on DAOLaunch

Dear community, crypto investment always carries potential risks, especially in a market that has been so volatile lately. To best protect DAOLaunch users’ benefits and minimize the risks, DAOLaunch is introducing the “Refund” feature from upcoming tokensales on DAOLaunch.

How does the Refund mechanism work on DAOLaunch ?

  • Starting from 2022, investors, after joining a public tokensale on DAOLaunch, can “Refund” within 24 hours from listing. 
  • DAOLaunch helps reduce the risks faced by our investors by allowing them to make their investment decision based on the performance of the token after listing.
  • Refund time: within 24 hours from listing. After 24 hours, you won’t be able to “Refund” anymore.
  • How to use refund functions ?
    Further details will be announced later in the next blog posts.

 

About DAOLaunch

DAOLaunch aims to create an open and inclusive competitive environment for startup investment- the Decentralized Venture Capital concept.

DAOLaunch offers retail investors preferential investment conditions depending on their investment performance recorded on the blockchain. Recorded investments are not editable, as all negotiations are all on-chain. DAOLaunch investors can brand themselves as Decentralized Venture Capitalists and much like traditional VCs, they can negotiate more favorable investment terms. 

DAOLaunch aims to change the structure of shady behind-closed-door investment deals to an open and more competitive deal structure that takes place on the blockchain. This will drastically shake up the startup industry.

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