Babylons Launchpad Fairness Policy

We present you the new Babylons Launchpad Fairness Policy & IDO Refund Rules.

Babylons Launchpad is built from the start with the community in its focal point. We have strived to create a safe environment where IDO participants can feel protected and invest in a comfortable manner without being overwhelmed with long due diligence processes needed to navigate ultra-fast changing crypto markets to find, secure and make profit over sustainable positions.

For these reasons, we have engineered a set of safety measures built upon our fairness policy where our community will always be guaranteed of IDO refunds in the cases that the relative project or 3rd parties related to the project violate our fairness policy. Most of these measures have been in effect since the start of Babylons Launchpad, and they have long been part of our service agreement. To this date we have partially or fully refunded a number of IDOs when one or more of these rules were violated. Here, we have updated some of them to better reflect developments in the ecosystem; and for the first time are sharing a complete list with our users.

We believe that this is the best way yet to join an IDO as this system benefits to both projects and launchpad users where investors are protected and can even be more hyped for the projects that they invest in because of our strict transparency & engineered safety measures.

IDO Refund Process & Fairness Policy Rules

Babylons team closely observes and analyzes all other launchpads’ token distribution of the respective projects to ensure a fair launch experience. Refund process will be immediately initiated if any on-chain evidence that proves the violation of our fairness policy following the scenarios and conditions given below:

• Investors will receive their tokens from all launchpads including Babylons at exactly the same time as other investors on every vesting period.
• Investors will receive their tokens exactly on time at every vesting period.
• Babylons users will receive their tokens via Babylons’ own token multisender at listing.
• Projects will lock liquidity at initial listing on a DEX before anyone else adds liquidity.
• Babylons receives all tokens 24 hours before initial listing on a CEX/DEX.
• A postponement of the listing event for more than 30 days after the Babylons IDO constitutes grounds for a full refund of the IDO. Babylons reserves the rights to pursue the refund process partially or in full.
• Babylons expects that team, marketing, and advisory tokens will be locked on a third-party service such as Babylons and UniCrypt.
• Babylons expects that an initial liquidity of at least 75% of the Initial Market Cap in stable coins (and matched in project tokens) will be locked for 12 months.
• Babylons sends the funds immediately to the project after a proper listing event if vesting at TGE is 100%.
• Projects will not sell any tokens from allocations such as ecosystem, marketing and etc. for unrelated purposes.
• If other launchpads refunds the tokens, Babylons keeps its right to refund as well.
• Babylons will send funds to the projects accordingly with the vesting process.

This policy can be updated with community feedback.

Details of any violations & IDO refund processes will be released on the official Babylons TG Announcement Channel. Always stay in the loop for the latest news!

About Babylons

Babylons is the ultimate GameFi destination, pioneer launchpad, blockchain tooling provider and NFT platform with its 100+ gaming partners and a young and active following of Web3 enthusiasts. For its gaming partners, Babylons offers INO hosting, IDO hosting and secondary sales services tailored to their exact needs. Babylons has a vibrant community that is eager to participate in new gaming project private, public token offerings & IDOs; while the platform aims to democratize this process with its innovative mechanisms. Soon on multiple blockchain networks!

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