PolkaCipher to launch AME on Launchpool, the industry leader with Egalitarian Investing platform

PolkaCipher has had tremendous support over the past 2 weeks from many strategic and investment partners that will help them progress with their privacy enabling cross-chain oracle technology that combines the existence of NFTs with enterprise business solutions and we are now being supported by a leader in the Blockchain ecosystem, Launchpool.

Launchpool is an egalitarian investment platform that enables people from all walks of life to have equal access and the same opportunities as one another by community investing in projects and companies they may not have access to elsewhere.

Their whole ethos as a business is one that is shared globally and is held close by most within the world of decentralized economies and communities, and a shared value with the team at PolkaCipher.

Our AME on the Launchpool platform will allow for participants to stake in return for access to the $CPHR token which powers the PolkaCipher oracle network.

The date to set in your calendars: May 24th!

AME Information — Launchpool

  • The Allocation Mining Event (AME) begins on the 25th of May.
  • Deposit Opens: May 24th, 2021
  • Allocation Mining Opens: May 25th, 2021
  • Allocation Closes: May 31st, 2021
  • Allocation Size: $400,000
  • AME Price Token: $0.012
  • Name: CIPHER
  • Ticker: $CPHR
  • Vesting Schedule: 0% at TGE, 1-month cliff, and 9-month linear release
  • Market Cap on Listing: $1,097,180

Here is how the Allocation Mining Event (AME) will work

$LPOOL holders will be able to express their interest in projects to participate in the private rounds. Users will be able to access project pages and information pertaining to the opportunity. If a user is interested in a project, he can stake his $LPOOL to start accumulating a private-tier allocation. The more tokens an individual wallet has and the length of their staking time will determine the allocation offer.

Once finalized after the staking period, the user will have 24 hours to accept the allocation or not, and another 24 hours after that to satisfy all the requirements of the private sale. Then they can make their payment, and receive their staked $LPOOL tokens back. Their newly purchased tokens will be entered into a vesting smart contract, where they will be made available to the user according to the terms of the private round from which that allocation has come.

With this Launchpool process, no one is left behind, and whales are not the only ones to benefit from exclusive private sale prices!

Launchpool is a major part of PolkaCipher's early progress and the road to market and their platform as a whole will not only open us up to the most active community members in Defi but will also help PolkaCipher with promotion by association with some of the industries most recognizable names.

The added leverage of their contacts and industry know-how of some of the most successful funds in the Blockchain and Defi sector plus their very large and supportive community that is ready to engage and promote to a very diverse customer base.

Additionally, they can help PolkaCipher with optional utilities such as Staking opportunities and help PolkaCiphers utility token have access to more than 2,000 wallets from the Launchpool community alone.

These added benefits of being associated with a community-driven leader will ensure that PolkaCipher has a great advantage to progressing with their IDO and successful launch of the products throughout Q3 and on.

About PolkaCipher

PolkaCipher is a privacy-preserving oracle network on the Polkadot Blockchain focused on bringing the use case of private NFTs to off-chain businesses and be a bridge for seamless integration to on-chain Defi apps.

PolkaCiphers unique offerings help push the use-case of the NFTs in real-world scenarios while still being connected to a cross-chain network that is fair and accurate. PolkaCipher intends to achieve business goals by helping users transact privately and securely using NFTs as a mode of access to different decentralized apps (dapps) and real-world business rewards.

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About Launchpool

Launchpool ($LPOOL) leverages communities, knowledge, expertise, contacts, and capital to provide crypto projects with the best possible start to life, maximizing their chances for success in this fast-moving & dynamic space.

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Cross Chain Privacy-Preserving Oracle Network Built on Polkadot Network