Ignition IDO Launch Summary

The crypto world moves at breakneck pace and so do we! At PAID Ignition, we never miss an opportunity to launch high quality projects on our IDO platform. — and with the support of our Ignition community — give them the launchpad they deserve. Here’s a quick summary of the projects launched this month and the impact the Ignition community had on them.

HyperSign

Hypersign is a cross-chain identity protocol and whitelisting solution built on Polkadot & Ethereum. Since IDO on 9th June, the project has partnered with Polygon to increase user security and launched a staking program for their token, $HID.

The IGNITION impact

• Market Cap Pre-IDO: $200,000
• Market Cap After Listing (ATH): $ 818,544
• Valid Lottery Ticket Entries: 57,719
• Winning Lottery Tickets: 1,507
• Holders: 578

Demodyfi

Demodyfi is a fully integrated AMM ecosystem of decentralized financial services built on Moonbeam & Polkadot, and controlled by its users collectively. Since IDO on 10th June, Demodyfi has partnered with Poly Network to enable token interoperability between BSC and Ethereum chains.

The IGNITION impact

• Market Cap Pre-IDO: $300,000
• Market Cap After Listing (ATH): $1,962,981
• Valid Lottery Ticket Entries: 57,831
• Winning Lottery Tickets: 1,708
• Holders: 749

Octopus Protocol

Octopus is an open-source protocol for issuing, trading, managing, and exchanging synthetic assets in a fair, and equally accessible financial ecosystem on Binance Smart Chain. Since IDO on 11th June, Octopus Protocol has raised $2.7 million in private sale rounds, listed $OPS on KuCoin, and partnered with multiple VC firms.

The IGNITION impact

• Market Cap Pre-IDO: $150,000
• Market Cap After Listing (ATH): $8,917,810
• Valid Lottery Ticket Entries: 42,911
• Winning Lottery Tickets: 1,128
• Holders: 4,190

HoDooi

HoDooi.com is the multi-chain marketplace to create, buy, sell, and re-sell NFTs secured by blockchain technology and powered by the HOD token. Since their IDO on 14th June, Hodooi launched an exclusive NFT in partnership with legendary boxer: Tyson Fury.

The IGNITION impact

• Market Cap Pre-IDO: $250,000
• Market Cap After Listing (ATH): $6,327,279
• Valid Lottery Ticket Entries: 40,677
• Winning Lottery Tickets: 1,930
• Holders: 4,173

DOT.Finance

DOT.Finance is the number 1 DeFi Aggregator for the Polkadot Ecosystem. The protocol enables users to maximize their returns with innovative yield farming strategies. Since the IDO on May 24th, DOT.Finance has on-boarded multiple pools and farms on to their protocol — and activated an anti-bot mechanism.

The IGNITION impact

• Market Cap Pre-IDO: $68,062
• Market Cap After Listing (ATH): $1,965,348
• Valid Lottery Ticket Entries: 45,364
• Winning Lottery Tickets: 1,188
• Holders: 4,303

Conclusion

Another string of successful launches this month! From security-focused HyperSign to decentralized protocols like Demodyfi, DOT.Finance, and Octopus Protocol to NFT marketplaces like Liquidifty and Hoodoi. The cryptoverse is growing exponentially, and Ignition is proud to be a part of it.

Want to launch a project on Ignition?

At PAID Ignition, we’re committed to being the best IDO platform for any project looking to make an instant impact. With our strong community of influencers, investors, and followers, we’ve got all the elements to give your project the launchpad it deserves!

ABOUT IGNITION

IGNITION is a featured product of PAID Network, operating as a decentralized swapping protocol which allows blockchain-based token projects to offer their private and public auctions. The platform features Ethereum, Binance Smart Chain (BSC), and here shortly, Polkadot functionality.

Ignition is different from other auction platforms in that it properly vets and selects only top-tier cutting-edge projects. Its multi-level incentivization mechanisms for participants of published projects will encourage token retention which supports both the project founders and the community. It isn’t just a trading platform, it FUELs projects and takes fundraising to the next level.

Ignition brings quality projects, fixed swaps, and equitable lottery participation to the PAID community.

• PAID Ignition Platform : Ignition.PAIDNetwork.com

About PAID

PAID Network seeks to redefine the current business contract, litigation, and settlement processes by providing a simple, attorney-free, and cost-friendly DApp for users and businesses to ensure they #GetPAID wherever they are in the world.

PAID technology leverages Plasm to operate on both Ethereum and Polkadot ecosystems. PAID makes businesses exponentially more efficient by building SMART Agreements through smart contracts to execute DeFi transactions and business agreements seamlessly.

PAID streamlines backend legal operations with SMART Agreements, so that projects can focus on making their brand bigger and better.

For any questions for the PAID network, please feel free to reach out to us on:

• Website: PAIDNetwork.com
• Telegram: @PaidNetwork
• Twitter: @PAID_Network
• Medium: @PAIDNetwork