New to GenieSwap’s Launchpad? Click here to learn more in our FAQ.
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FAQ
GenieSwap Launchpad is a decentralized platform designed to facilitate the launch of new cryptocurrency tokens and projects. It provides a secure and user-friendly environment for both project teams and investors to participate in token sales. GenieSwap also offers up to 7 levels of referral commissions, fully decentralized!
GenieSwap Launchpad operates on blockchain technology and utilizes smart contracts to automate the token sale process. Project teams submit their tokens to be listed on the platform, and users can participate in token sales using cryptocurrency assets. No third parties need to hold your tokens or commissions; it's all fully decentralized.
To participate in token sales, you'll need to connect your wallet to the platform, ensure you have enough funds, and simply "mint" the token (tokens are pre-minted, in our launchpad referred to as "mint"). Make sure to research the projects you're interested in before participating.
Yes, GenieSwap Launchpad prioritizes security. The platform employs smart contracts and other security measures to protect users' funds and data. The code is audited and adheres to high web3 standards. However, users are encouraged to exercise caution and follow best practices for online security when using the platform.
Yes, there may be fees associated with using GenieSwap Launchpad, including transaction fees on the blockchain (gas fees). GenieSwap charges a 5% platform fee, which applies only to funds actually raised through the IDO.
For example, if an investor purchases tokens worth 100 USDT, 95 USDT are allocated to the Launch Owner, while 5 USDT go to GenieSwap.
This distribution is handled automatically by the smart contract, with both amounts transferred immediately upon each successful purchase. This fee structure ensures the continuous development, operation, and maintenance of the GenieSwap Launchpad.
For example, if an investor purchases tokens worth 100 USDT, 95 USDT are allocated to the Launch Owner, while 5 USDT go to GenieSwap.
This distribution is handled automatically by the smart contract, with both amounts transferred immediately upon each successful purchase. This fee structure ensures the continuous development, operation, and maintenance of the GenieSwap Launchpad.
Yes, GenieSwap Launchpad is accessible to users around the world, provided they have access to the necessary technology and comply with legal requirements in their jurisdiction. Prohibited countries can be found in our terms & conditions.
For more information and support, you can visit the official GenieSwap Launchpad website, check our social media channels, or reach out to our customer support team through the provided contact options. Please note that the cryptocurrency market is highly volatile, and it's essential to conduct your research and seek financial advice if needed before participating in any token sales or investments. Disclaimer: This FAQ is for informational purposes only and does not constitute financial or investment advice. Always conduct your research and consult with financial experts when making investment decisions. GenieSwap provides a fair and decentralized marketplace, but no due diligence is done on launched projects. Users must fully conduct their research.
GenieSwap Launchpad is decentralized and projects can not be verified. However we verify some of the project owners meaning we do KYC and we know these people. We grant such owners verification checkmarks.
To add a project, first, authorize with your wallet that has an active token contract. Then, click "Add Project" and follow the self-guided process to complete the setup. This will walk you through the necessary steps to get your project listed on the platform.