CryptoHub Launchpad | Badges & Tiers

As you know, at CryptoHub we take the safety of our investors very seriously. We hate scams and rugpulls and, because of that, we have built many features and tools for you to be able to make informed decisions as to whether a presale is worth investing in or not.

This brief article is designed to explain what that means and what it entails for all stakeholders.

KYC Badge

The KYC (Know Your Client) Badge on CryptoHub Launchpad functions similarly to the KYC process required when opening a trading account on popular exchanges like Binance.

The KYC process aims to rid our platform of scams and rugpulls by acting as a deterrent for dubious devs. If any of the KYCed project’s team members scams investors:

  • We will reveal their identities.

  • We will make this information public for those wanting to file criminal charges.

It will also help further in cleaning up the crypto industry, making people realize that they are accountable for their actions, even in a decentralized world.

Doxx Badge

The Doxx Badge encourages project owners to associate their real identities with their projects. By doing so, it facilitates further verification and enhances security for investors.

To obtain the Doxx Badge, the project team must organize a public Video AMA (Ask Me Anything) session with CryptoHub, where at least one owner and one developer responsible for the project are present. Additionally, the team must have undergone the KYC process with CryptoHub.

Audited

The Audited badge signifies that the token’s smart contract has undergone a comprehensive security audit conducted by an approved auditor. This audit ensures that the smart contract meets high standards of reliability, functionality, and security.

By obtaining the Audited badge, project owners demonstrate their commitment to providing a secure and trustworthy investment opportunity for potential investors.

Note: All tokens created in our platform have an automatic Audit Badge.

Locked

The Locked badge indicates that more than 90% of the tokens associated with a project are locked. Token lock-ups are a measure implemented to enhance investor confidence and prevent excessive token supply manipulation. By locking a significant portion of the tokens, project owners demonstrate a commitment to long-term sustainability and fair token distribution.

Balanced

The Balanced badge signifies that the tokenomics of a project are carefully designed and balanced. Tokenomics refers to the economic structure and mechanics of a token, including factors such as token supply, distribution, and utility. A balanced tokenomics model ensures that the project’s ecosystem is healthy, sustainable, and incentivizes user participation and engagement.

MC Gem

The MC Gem badge is awarded to tokens with a Fully Diluted Market Cap (FDMC) below $200,000. This badge highlights projects that are relatively small in terms of market capitalization, offering potential opportunities for growth and early entry. These tokens may present appealing investment prospects for those seeking potentially high returns in the cryptocurrency market.

Burn

The Burn badge indicates that unsold tokens from the presale will be burned, effectively removing them from the tokenomics. Burning tokens reduces the overall token supply, which can contribute to increased scarcity and potentially drive up the value of the remaining tokens. The burn mechanism is often employed to maintain token value and prevent dilution of existing token holders’ stakes.

Insured

The Insured badge provides investors with an added layer of protection. It allows investors to request a refund if the token price falls below the Initial DEX Offering (IDO) price during the first two weeks of trading, provided they have not already claimed the tokens purchased during the presale. This insurance feature aims to mitigate potential losses for investors in case the token experiences a significant drop in value shortly after listing.

Auto Listing

The Auto Listing badge indicates that the token will be listed automatically by the launchpad once the presale is completed successfully. This streamlined process eliminates the need for manual listing procedures, ensuring a quicker and more efficient listing experience for project owners. Auto Listing reduces the time gap between the presale and the token’s availability for trading, benefiting both project owners and investors.

Flash Sale

The Flash Sale badge denotes a presale with a shorter duration, typically lasting less than a week. This accelerated time frame allows project owners to quickly raise funds and launch their projects. Flash sales often generate a sense of urgency among potential investors, attracting those seeking immediate investment opportunities or exclusive access to tokens before their public release.

By incorporating these badges, CryptoHub aims to facilitate informed investment decisions and foster a transparent and efficient ecosystem for both project owners and investors.

Project Tier Levels

These tiers, ranging from Bronze to Diamond, establish different requirements and measures that project owners must adhere to. This article provides an overview of the various tiers and their corresponding criteria.

Bronze Tier

This tier has no requirements and anyone can create it in less than 5 minutes, hence it’s one of the most risky Presles on our platform. Be safe and always do your due diligence.

Silver Tier

In order to attain a Silver Tier the Presale Owner needs to subject his token to a Smart Contract Audit or use a Created Token in our platform.

Gold Tier

To be awarded a Gold Tier the Presale Owner needs to subject his token to a Smart Contract Audit (or use a Created Token in our platform) and request a KYC (Know Your Client) from our partners (which will involve the personal identification and responsibilization of the owner towards his project).

Diamond Tier

Reaching our Diamond Tier is extremely complicated due to our high standards, and besides all past requirements mentioned above, it will also need to be Hand Vetted by us and allow our Team to guide them through the Presale and Listing Process. (Usually this Tier only is available through our team invitation, but feel free to apply here).

CryptoHub Launchpad’s tier system provides a structured approach to project evaluation and promotes trust and security within the platform. By implementing specific requirements for each tier, CryptoHub aims to offer investors a range of options while mitigating risks associated with potential scams or fraudulent activities.

Disclimer: A project receiving a badge does not mean in any way that we approve or recommend that project, even if we host an AMA with them. Please always DYOR before investing, remembering that CryptoHub Launchpad is a decentralized platform.

Join us on this exciting journey as we shape the future of decentralized finance and empower crypto entrepreneurs worldwide

Subscribe to Crypto Hub
Receive the latest updates directly to your inbox.
Mint this entry as an NFT to add it to your collection.
Verification
This entry has been permanently stored onchain and signed by its creator.