What is ALGO DIAMOND
ALGO DIAMOND is a digital diamond, and rare just like the physical ones.
ALGO DIAMOND will fuel transactions in the
crypto-ecosystem, redefining the existing features of current De-Fi.
Owning ALGO DIAMOND truly guarantees you slots on our launchpad, we are not implementing lottery system like other launchpads.
Problems & Solutions
Problems
Launchpad is a new technique that ushered in a new form of fundraising for blockchain and cryptocurrency projects popularly known as IDO (Initial Dex Offering) and IFO (Initial Farm Offering).
These are supposed to allow just and even distribution of tokens to early investors. Sadly, the current launchpads have been overly rigged against the platform supporters, hence, creating fertile ground for corruption. The system is rig of bot buyers, confusing token sales instruction, and centralization gives an unfair advantage to the whale who rob other active community participants of the privilege of having ownership of the new project on the launchpad.
Solutions
By looking inward, we have built a solution with incredible features that will guarantee equal opportunity and even distribution of wealth to all users.
The future of financing depends on openness, decentralized governance, and decision-making. The right to vote for or against any future proposed development in the ALGO DIAMOND ecosystem cannot be negotiated, and all token holders are encouraged to make suggestions regarding features they would like to see on the platform. We invite you to help us improve decentralized financing and public blockchain in general.
Documentation
Get an insight into our unique selling points, features, and products.
Whitepaper
This contains what you have seen on this page and more.
We addressed the current pain point in the cryptocurrency industry and what we have to eliminate it.
Our Token
ALGO DIAMOND
It is a utility token for day-to-day transactions, and it serves as an investment for the true supporters, ranging from those who provide liquidity to users who stake their tokens in the various pools. Additionally, it is a governance token for community growth and development.
The multiple tiers in our platform, will create an inflow of tokens that will be held by the team, to either increase liquidity in the pools, incentivize the holders, or burn them as part of our deflationary mechanism. No more tokens can be minted, ensuring the token price will go up, and adjusting the subscription costs accordingly.
Token Distribution
Details
Our tokenomics ensures fair distribution, no one will be able to hold the community into ransom or manipulate price at the expense of other investors.
Symbol: ALGO DIAMOND
ASA: 456071798
Maximum Supply: 1,000,000,000
