Latsan
3 min readFeb 7, 2022

--

How to Apply for Polkabridge IDO as a New Project

How to Apply for IDo on Polkabridge? Decentralized Finance (DeFi) are financial applications built on blockchain technologies, and are using smart contracts. It gives people clarity and control over their money and also exposes them to global markets and alternatives to local currency or banking options. DeFi products allow anyone with an internet connection to access financial services and they are maintained by their users. Most of these financial services can be found on the Ethereum network, the second-largest cryptocurrency marketplace, which also acts as a platform that allows other blockchain apps to be built on it. Polkabridge is a blockchain protocol that allows users to experience all DeFi applications on many platforms in one place. In this article, I will be explaining how to apply for Polkabridge IDO What is Polkabridge? Polkabridge is a multi chain decentralized all-in-one financial application platform designed to serve as a bridge between polkadot and other blockchains. It currently operates on the Ethereum blockchain and is planning to move to the Polkadot blockchain, in the near future. Polkabridge was created to be an equipment for the unification of all blockchain into a single network based on polkadot. The most recognized product of PolkaBridge is PolkaBridge DEX. It is a decentralized exchange that allows users to swap tokens on Polkadot for tokens on other blockchain platforms (and vice versa) without going through any third party. The PolkaBridge Ecosystem is expected to include multichain and cross-chain AMM, farming platform, lending, launchpad, prediction, NFT, and many more. PolkaBridge Launchpad It is an initial Decentralized offering (IDO) platform that is created to incubate promising projects and also to allow PBR holders to take part in early stage investment opportunities. How to apply for IDO on Polkabridge? Initial DEX offerings (IDOs) are another means of raising funds for a blockchain project and allowing tokens to be sold directly to the public. The main difference when compared with other methods is that the tokens being sold in an IDO are hosted on a decentralized exchange (DEX). To apply for IDO on Polkabridge, you have to fill out a form which contains a list of requirements like; your email address, contact name, contact social media handles (telegram, Twitter, GitHub), the project name, amount raised, state of development, the date the project will be launched. Website URL; A well branded website that is captivating can go a long way for investors confidence. An impressive website can help push the emotional levers of investors who already bought into the project. The website can also make the project look more professional and coordinated. White paper: An impressive white paper increases an investor’s experience with precision and facts. The reason for a white paper is to sell by educating, that is why the white paper presents statistical data, diagrams, tables and so on and not hard-sell copy. The white paper uses facts to convince the investor that the project is worth it. Token information which contains the token type, symbol, status, Id, decimals, and so on. The project description which should be short, catchy and precise. The main chain of the token; common chains include Ethereum and BSC, the rest include Polygon, Harmony, Solona, Cardano, Moonriver, Fantom and so on. The chain you want to launch on polkabridge, Polkabridge Launchpad is a multi chain launchpad, supported Ethereum, BSC, Polygon, Harmony, MoonRiver, Fantom chains (EVM). After filling all the necessary fields, then proceed to submit the file.
Polkabridge IDO Form Link — https://docs.google.com/forms/d/1ceBZIL8xDNBJWYzZ4j11lhU9MMke8usrNgnPEoSIMf0/viewform?edit_requested=true

--

--

Latsan

Blockchain enthusiast//Blockchain Ambassador//Content writing.