IDO With Community Care Program

The Catapult team works to achieve the best conditions for our users and find promising Web3 projects for mutually beneficial partnerships. There are so many projects waiting to be discovered. To ensure the highest level of engagement and security for our users and to help projects achieve their goals, we are proud to announce IDOs with Community Care Program on Catapult!

What is a Community Care Program?

IDO with Community Care Program is not a typical IDO, it is much more privileged for our users because it has a number of rules that reduce the risk of significant loss of money.

In a bear market, we are all more cautious in our investment decisions, and the Community Care Program will make our holders feel more secure and relaxed.

Community Care Program terms & conditions

1. The range between IDO and TGE must not exceed 1 month. In case of violation of this rule, the Catapult team will initiate voting in the community to return the investment to the users.
2. The project team must transfer 100% of the tokens to Catapult prior to listing, or provide a vesting contract with set timely token unlock dates.
3. Community Care protection is valid for every batch until more than 50% of tokens are distributed.
   a. If the token price systematically fails to settle anywhere close to the IDO price within the first 24 hours since trading has started — we will have the right to initiate a refund. If at the time of the next batch, the price is lower than the IDO — the team will also initiate a refund.
   b. By “below IDO price” Catapult Team advises understanding a situation when the token price systematically fails to close the higher-timeframe candles around the IDO price.
   c. If the project team, according to tokenomics, sends out 50%+ of the tokens at TGE, then the expected price outcome should be above the IDO price for the first 24 hours. Otherwise, the Catapult team may initiate a refund.
4. All tokens must be locked according to the vesting schedule. Liquidity requirements will be determined on a project-by-project basis, but in general, a project team will be required to provide liquidity of at least 5% of the total fundraising amount. Liquidity must be locked until the last batch of tokens of the public round is distributed. In case of any rule violations or contingencies, users will receive their money back.
5. The Catapult team will verify that projects have agreements, liquidity protection services, and smart token contract audits that exclude additional token minting, vulnerabilities, and other critical issues.
6. The funds collected on IDO will be transferred to the project team in batches equivalent to the percentage of tokens received and in accordance with the token distribution schedule of the public round. In case of misconduct, violation of the above rules, and other unforeseen circumstances, the funds may be refunded to the investors.
7. Catapult reserves the right to make a partial or full refund in the case of unprofessional behavior of the project team, which caused financial losses to our community.

We value our reputation and therefore make every effort to eliminate the risk of loss of funds by our users as a result of an unsuccessful token sale.

IDO with Community Care Program on Catapult is a great opportunity to participate in a token sale, even in a bad market, and benefit from it.

About Catapult

Catapult is a multi-chain fundraising platform, incubator and launchpad. Supported by the team and top analysts, Catapult offers their users the best opportunities to participate in token drops, public and private sale rounds. We value our holders, so we offer them the best deals!

If you have any questions, contact us on our social media!

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