LaunchZone LaunchPadX Guide: How to Invest in our IDOs

At the end of February 2021, we, LaunchZone, announced that LaunchZone Ecosystem would launch new token fundraising events through our platform, called LaunchZone PadX.

PadX is the on-chain version of Binance exchange’s Launchpad. It is the platform for crypto startups to raise their fund through the process called IDO (Initial Dex Offering). The difference here is that only those who win the LuckyStar ticket of the PadX have the right to participate in the IDO. Users can access LaunchPadX through this link:

How to Participate in a Sale on LaunchZone PadX

In order to meet the enormous demand for participating in LaunchZone PadX’s IDOs, we introduced a lottery mechanism, based on locking LaunchZone’s BSCX token (ticker: $BSCX) in LaunchZone PadX’s smart contract for a specific period of time.

The lottery will take place, and the winning Lucky Stars will automatically participate in the IDO in exchange for BSCX (this process is done automatically once you applied for a Lucky Star and won any ticket).

  • For each 100 BSCX token is locked, the user will get 1 lottery ticket that is called Lucky Star.
  • 1 wallet address can lock up to 1,000 BSCX (equals 10 Lucky Stars).
  • Locking period: 6 months
  • During that 6 months, users, who have their BSCX locked for getting Lucky Stars, can:
    • use the locked BSCX to participate in other IDOs on #LaunchZone (no need to lock more BSCX)
    • receive 10% of the raised fund from the IDOs on #LaunchZone
    • receive other airdrops that are distributed by #LaunchZone’s business partners.

Step-by-Step guide of how to get Lucky Star Tickets and buy IDO on LaunchZone PadX please refer to this link:

How to get Lucky Star tickets and buy IDO on PadX?

Risk warning: cryptocurrency investment is subject to high market risk. Please make your investments cautiously. LaunchZone will make our best efforts to choose high-quality coins but will not be responsible for your investment losses.

Thanks for your support!

LaunchZone Team

Leave a Reply