A decentralized finance (defi) protocol announced that it officially acquired an initial coin offering (ICO) listing platform. Jigstack, who bought icorating.com, will migrate all the platformâ€™s assets to its Lemonadeâ€™s solution.
Jigstackâ€™ Direct Email Database on Icorating.com
According to the announcement, the defi protocol, which acts as a decentralized autonomous organization (DAO), bought the website to boost its multi-chain token launch solution Lemonade.
Robert Weir, Jigstackâ€™s COO, told news.Bitcoin.com that icorating.com acquisition is a â€œcommercial trifecta for Lemonadeâ€ as they own â€œcommercially relevant data, a database of over 30,000 active crypto investors.â€ In fact, they seek to boost exposure for projects launching through Lemonade.
In Lemonade, anyone can create a token sale in a matter of minutes, including adjusting the token lock sequences, vesting periods, and overall token distribution logistics, added Weir.
For projects launching on Lemonade, Jigstack COO commented:
Partnership With Ethereum Startup Polygon
Per the fees offered in the launchpad following the integration, the company says that it requires a flat 1% fee of the tokens, a 0.5% marketing bounty, and a 1% share of the tokens for the network vault.
Weir further added:
Recently, Jigstack partnered with Polygon â€” formerly Matic Network â€” by seeking to reduce gas fees and improve the Ethereum defi ecosystemâ€™s performance.
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