Jigstack’s Lemonade is one of the first Token Launchpad to partner with Hedera Token Service

Filippo Balsano
Jigstack
Published in
4 min readFeb 11, 2021

Jigstack and Hedera Token Service are forging a strategic alliance to advance the tokenization industry. Jigstack will bring one of its flagship products — Lemonade, which also runs on the Ethereum blockchain — to the Hedera ecosystem, where it will act as a launchpad for all blockchain-native projects.

The Power of the 1st DeFi Jigstack protocol: Lemonade

Deploying a token sale in 2021 can be a daunting process for those not familiar with the industry. Rather than creating artificial barriers, Jigstack’s Lemonade makes the process straightforward to complete. With no need for technical knowledge and an accessible web portal, anyone can get their token sale up and running within mere minutes.

The Lemonade platforms offer many benefits to users and onlookers as well. Compared to other token launchpads, Lemonade provides reliable and verifiable data to the public. More importantly, it is a more affordable option with a transparent fee structure.

Lemonade is built on the Ethereum ecosystem, where it will remain active for the foreseeable future. A similar implementation has been developed for the Hedera ecosystem. Both options will co-exist and accommodate the needs of their respective clients. It will serve as a launchpad for any project creating a native token on this Directed Acyclic Graph in the future. It is a strong validation of what Jigstack has been building and also validates the Hedera Token Service.

A Quick Explanation Of HTS

Hedera Token Service’s primary purpose is to provide native tokenization support without having to build smart contracts. Instead, both fungible and non-fungible tokens can be managed and transferred across the public Hedera network. Combined with high throughput, compliance configuration, and on-chain (DAG) options such as atomic swaps, the tokenization concept becomes more accessible.

Projects and teams looking to build on Hedera can address various use cases, including payments, financial services, supply chain solutions, and so forth. By native integrating Lemonade into this equation, it will become even easier to create and issue new tokens. Jigstack’s technology and HTS

Hedera token service, Live on mainnet 60+ ecosystem partners

Ease Of Use Is Crucial

Compared to using smart contract-based tokens, HTS is a faster and more efficient alternative. As Jigstack is one of the first projects of its kind to partner with Hedera, an important milestone is reached for both teams. Ushering in the era of mass cryptocurrency adoption will require a lot of effort and crucial partnerships like this one.

Through this collaboration, the tokenization of real-world and digital assets will become more straightforward for everyone. By removing the need for technical knowledge and the concept of smart contracts, any company or enthusiasts can begin creating their token within minutes.

Why You Need To Own $STAK

We want to highlight our native $STAK token. Holders of this asset have authority over the network and can partake in community governance through the Jigstack DAO.

Jigstack provides value to DeFi and tokenization enthusiasts through uniformity, quality assurance, and user empowerment. By embracing the Decentralized Autonomous Organization model, the team creates an umbrella that encompasses multiple projects generating a revenue stream, including DeFi token launchpad Lemonade and a decentralized marketing and affiliate solution called Ethlink.

All activity taking place on the network will offer rewards to $STAK holders, including transactions, campaigns, et cetera. Our token has an unprecedented potential dividend residual. The network will take, of all the native tokens of the protocols born under the Jigstack umbrella, a 1% cut, redistributed. If $ 100 million is raised through Jigstak Umbrella for a token sale, a total of $ 1 million of that capital is distributed to all $ STAK token holders.

Stay tuned

Website: https://jigstack.org/

Twitter: https://twitter.com/jigstack

Telegram Group: https://t.me/jigstack

Telegram Channel: https://t.me/jigstackANN

Linkedin: https://www.linkedin.com/company/jigstack/

Github: https://github.com/jigstack-dev

--

--

Filippo Balsano
Jigstack

SMM-Jigstack | Blockchain Consultant | Code is law