GloryDoge launches a hub to share, invest and develop innovative ideas
STOCKHOLM, Sweden, October 24, 2021 (GLOBE NEWSWIRE) – Secure DeFi Ecosystem GloryDoge, launches hub for sharing, investing and developing innovative ideas. GloryDoge is a blockchain platform for launching ideas and attracting investors.
Revolutionary ideas seem to be emerging faster than ever. DeFi enthusiasts and professionals are always keen to explore the potential of decentralized finance and improve various areas of life. In addition, it has never been easier for anyone wishing to support a project to invest their digital funds.
But there’s a catch, many fundraising methods aren’t as reliable as they seem. In fact, various ICOs and other forms of investor attraction have turned out to be scams based on the inexperienced crypto investors’ lack of knowledge.
Essentially, GloryDoge is a blockchain platform for launching ideas and attracting investors. The secure DeFi ecosystem comes with a range of tools that can help innovators secure funding from interested parties. Most importantly, GloryDoge gives investors a detailed overview of what they want to invest in.
GloryPad: Next Generation IDO Launchpad
GloryPad is the main feature of GloryDoge. It’s a launching pad that aims to attract all innovators, investors, developers, pretty much anyone who wants to develop or invest in exciting ideas.
The launch pad is currently in the works and is expected to be released during Phase 3 of development (we’ll cover the roadmap below).
There is one important feature that makes GloryPad stand out from the crowd and ensure that the investment is secure. Namely, innovators can create a set of tasks that must be accomplished in order for their project or service to be launched.
Therefore, investors will not fund the entire project. Instead, they’ll get an overview of all the tasks and the associated cost for each one. As a result, they will be able to choose a task in which they can invest to support a project.
This GloryDoge approach adds a new layer of transparency and security to all fundraising activities that will take place on the platform. Not only will the whole process eliminate fraudulent cryptocurrencies, it will also attract investors interested in supporting good ideas and seeing them come to fruition task by task.
The first version of GloryPad will also feature an activity block, where one can learn more about sales, activities and more.
Finally, GloryPad will support all major blockchains, starting with Ethereum, Binance Smart Chain, Polygon, and Avalanche. The team behind the project plans to add more blockchains in the future.
Speaking of the team, let’s see who is behind GloryDoge.
The real identities of the people behind this platform have not been revealed. However, the official white paper states that the founder and co-founder are already doxxed on DessertFinance. In addition to this, Techrate and DessertFinance have audited the entire project, and an additional audit is expected in the future from Certik.
So far, only the names (or online aliases) of the team members are known: William (CMO), Joey (CEO and lead developer) and Light (CDO). They have years of experience in software engineering, marketing and design.
GloryDoge Token Economics
The GloryDoge Token is the primary currency of the GloryDoge ecosystem.
The contract for this token is written from scratch, which is not so common these days. However, the team wanted to build maximum trust between everyone involved in GloryDoge and avoid some common issues that tokens with copied contracts face. The developers took into account a series of harmful actions and made sure that they were not possible with the new contract. For example, if the owner / deployer wants to set taxes above 10%, this will not be allowed.
This is how taxes are distributed:
4% of each transaction is distributed to all holders.
2% of each transaction is called “marketing tax” and is used to attract founders and investors.
4% of each transaction is dedicated to the team and the developers.
The good news is that there are no taxes if the tokens are moved from one wallet to another.
Finally, 50% of the income from GlodyDoge DAPPs is distributed in the form of BNB via staking, and 10% is blocked for liquidity on PancakeSwap.
Sale of GLORYD tokens
The private sale is officially concluded. The next phase is the presale, which will take place on PinkSale. It will officially begin on October 28, where a total of 245,000,000,000,000 GLORYD tokens will be distributed. Users will have a chance to get the GloryDoge token at the following rate: 1 BNB = 490,000,000,000 GLORYD. The minimum authorized amount that one can buy is 0.1 BNB, while the maximum is 3 BNB.
The presale will start at 4:00 p.m. UTC and will run for 24 hours.
Roadmap: when is GloryDoge expected to launch?
GloryDoge’s development roadmap is divided into three phases:
Phase 1 – The first phase includes the deployment of the token, distribution and private sale contracts on BSC, in addition to the publication of the white paper and the launch of the website. This phase is over.
Phase 2 – The second phase is underway, with the doxxing, the audit of the contract and the conclusion of the private sale. The next step is to pre-sell, get additional contract audits, promote the project, and list the token on CoinMarketCap and CoinGecko.
Phase 3 – The last phase includes a security audit, finalization and release of GloryPad. The team also plans to hire additional members and further promote the project in order to increase the user base. The last step is to automate the distribution of income to cardholders and work on new features and DAPP.
The third phase is not really the end. In fact, once GloryPad launches, there will still be a lot of work to be done, as the team is keen to develop and launch various new DAPPs that aim to reshape the crypto space. For now, however, GloryPad will help many innovators and investors join forces and work on many new and groundbreaking ideas.
To learn more about GloryDoge visit GloryDogeCoin.com
Contact: William K.
THE SOURCE: GloryDoge