What is SpringPad Risk — Free IDO Model?
Spring Quest is thrilled to announce that it will be launching the first-ever risk-free IDO model. Within 24 hours of the token listing for each risk-free project conducted IDO with SpringPad, investors will be able to claim 100% of their funds back.
In a risk-free model, the user gets the option to decide whether he participates in the pool and gives liquidity and basically — claims his tokens, or alternatively makes a full refund for his investment in the form of his native investment coin.
Moreover, the risk-free model will enable investors to invest larger amounts into crypto projects since their capitals will be completely safe until the time of listing, and they will make the projects’ last stage of fundraising a huge success. It will create a win-win situation for both the investors and the projects.
Seeing the market circumstances, however, it is easy to understand that investors are facing difficulty and trust issues in terms of investing in crypto projects. Besides, this has also created a huge hurdle for projects trying to raise funds through public offerings. This is why Spring Quest has set up its new IDO model to offer completely risk-free IDOs and create a win-win situation for both projects and investors.
In line with this new model, IDO investors will get the option to claim a complete refund of the amount they invested within 24 hours of listing each token. So, in case the investors want to exit their position due to any market circumstances, they can do so with the click of a button and get back the actual amount they invested.
✅ Safeguard Program
A refund can be issued if
- You didn’t claim IDO tokens during protection hours.
- Listing price of IDO tokens drops under its IDO price within 24hrs (protection hours).
Please note just in case of refund takes place, the refund will be send back directly to your original buying address.
To know more details, read our Whitepaper.
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