Red Kite Introduction: A Cutting-Edge Launchpad Powered By Icetea Labs

Red Kite Introduction: A Cutting-Edge Launchpad Powered By Icetea Labs

Bundled with unparalleled features, Red Kite promises to give investors a surprising experience of an ordered and assured token sale process.

Two of the notable reasons why solid projects failed were “poor marketing” and “lack of investor interest”’ due to fear of scams. Red Kite launchpad solves both of these problems by offering a unique frictionless process to raise capital:

● Red Kite is supported by a network of tier-1 marketing partners, top influencers, and communities to help the project soars

● The crypto projects go through a robust vetting process, and they’re hand-picked to protect investors’ interests

Red Kite provides a safe platform for investors, allowing them to gain early access to vetted token sales at a lower price before they hit the market.

Red Kite is part of the Icetea Labs ecosystem and uses the platform’s native $PKF as a utility token. The investors can hold PKF tokens to join the Red Kite platform and participate in the token sale rounds for hand-picked and vetted crypto projects. 

Hosting the first Initial DEX Offering (IDO) in May 2021, after 3 years, Red Kite has successfully launched almost 100 high-profile Web3 projects in parallel with other top-tier launchpads.

Here are some of the promising features of the Red Kite platform, which sets it apart from the rest of the ecosystem players.

Multi-chain support

Red Kite offers one of the most diverse forms of blockchain support, aiming to create a one-stop location for both investors and startups. We currently support the following EVM chains: Ethereum, BNB Chain, Polygon, Avalanche, Arbitrum, and álso other non-EVM chains like Solana and Sui.

Hand-picked and vetted projects

To protect investors’ interest, Red Kite carefully hand-picks the projects that go through a vetting process that considers everything from the project teams’ origin to legitimacy and execution capability. This vetting process helps build investor’s confidence, so they can know their money is secure.

Tier and Reputation

To further strengthen the platform, our bot system monitors every participant’s behavior and sets reputation points. This mechanism punishes behaviors that are considered negative to the token’s healthy pricing. The reputation score will affect the participant’s tier and their ability to participate in future launches.

Fairness (lane-based swap system)

With Red Kite’s lane-based swap system, every participant will get an opportunity to join based on their tier without indulging in a “gas war” to ensure fair and efficient participation.

Integrated vesting schedule

There will be a distribution portal for projects that will allow them to vest their sold tokens in pre-sale or post-sale secondary offerings. 

Wrapping up

Red Kite started as a launchpad, and this is just the beginning. It will transform into a platform offering a full suite of DeFi services in the future.

To get more instant updates, please subscribe to our Telegram News, Telegram Global Chat, or Twitter.

TAGS