DAOLaunch 5-Hour Refund Mechanism Explained


DAOLaunch 5-Hour Refund Mechanism Explained

The crypto market carries many risks, especially in a market that has been so volatile as of late. Investors and startups are always required to adapt flexibly.
To protect DAOLaunchers from rugpulls or unexpected listing performance, and also provide real support for upcoming startups on DAOLaunch, we have introduced the “Refund Mechanism” for the best kind of flexibility.


How does the Refund mechanism work on DAOLaunch?

  • After joining a Public tokensale on DAOLaunch, DAOLaunchers can “Refund” within 5 hours from listing. 
  • Refund time: Within 5 hours from listing. After 5 hours, you won’t be able to “Refund” anymore.


How to use Refund mechanism ?

Go to the Left screen “My Asset”, choose Claim or Refund within 5 hours after listing. You won’t make any refund after passed 5 hours. 


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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