• Coins MarketCap
    • Coins MarketCap
    • Crypto Calculator
    • Top Gainers and Loser of the day
  • Crypto Exchanges
  • Bitcoin News
  • Crypto News
    • Cryptocurrency
    • Blockchain
    • Finance
    • Investing
    • View all latest Updates regarding crypto
Monday, February 6, 2023
WIREOPEDIA
No Result
View All Result
Contribute!
CONTACT US
  • Home
  • Breaking News
  • World
  • UK
  • US
  • Entertainment
  • Business
  • Technology
  • Defense
  • Health Care
  • Politics
  • Strange
  • Crypto News
WIREOPEDIA
  • Home
  • Breaking News
  • World
  • UK
  • US
  • Entertainment
  • Business
  • Technology
  • Defense
  • Health Care
  • Politics
  • Strange
  • Crypto News
No Result
View All Result
WIREOPEDIA
No Result
View All Result
Home Blockchain

DeFi Professionals Can Now Develop Their Projects Safely

wireopedia memeber by wireopedia memeber
December 14, 2021
in Blockchain, Crypto, Crypto Market, Cryptocurrency, Finance, Investing, Market
0
75
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

As the number of DeFi initiatives increases, so does the number of scams and fraudulent development procedures.

You might also like

South Korea Starts To Define Cryptocurrencies As Legislation Approaches

Oxford PhD Student Jailed For Defrauding Investors Of $2.6 Million In Crypto

On-chain Activity On BNB Chain Grew In Q4 Amid Market Downtrend: Messari

Every fundraising and development mechanism entails risk, and launchpads are no exception. Investors may never know how the developers will spend the money. Furthermore, the crypto industry has seen several malicious entities use fund-raising techniques such as deceptive roadmaps and commitments to drain investors’ wallets for personal gain.

GloryDoge is here to help by establishing a secure DeFi environment that enables the development of creative projects while decreasing the risk for early investors.

Glory Pad: The next-gen IDO Launchpad

The first platform, GloryPad, allows developers to create IDOs to generate early cash and promote their initiatives. It isn’t just that! GloryPad will transfer ownership of the generated funds from developers to investors by making it impossible for developers to utilize the funds in any way without the authorization and approval of the investors.

Developers will need to set tasks, clear paths for where the raised monies will go to generate donations on GloryPad. Chores aren’t required to perform a sale, but the more tasks a sale conducts, the more investors trust the enterprise.

Tasks can be compared to future compensation. When the sale’s soft cap is achieved, these payments will be sent automatically. Investors may always double-check the payment’s destination and reject jobs they feel aren’t advantageous to the enterprise.

GloryPad will also serve as a social center, connecting developers with funders, marketers, influencers, and other interested parties who may help them launch their ideas successfully.

Anyone will be able to submit a task request to any GloryPad project that interests them. GloryPad will also rely extensively on links to various social networks to authenticate the identification of those being compensated for their labor.

Glory Dox: the supplement to GloryPad

GloryDox is changing how project founders in the DeFi ecosystem verify (dox) their identity. It completely automates the verification process, requiring no human intervention, while also giving investors proof of verification, which helps create confidence. As a result, it gives the founders a robust layer of protection, allowing them to have their identity validated while remaining safe.

Veriff is a third-party KYC provider used by GloryDox.

After being verified, the founder will receive a badge, which they may display on their website to confirm verification. Additionally, they will add other team members and invite them to complete the verification procedure independently. Each team member will obtain an NFT as proof of verification valid for 12 months once they have been validated.

GloryDox is an integral part of the GloryPad onboarding process, and the verification badge will show on every validated project’s presale page.

Glory’s launchpad will truly spark a boost of energy in the cryptocurrency industry. It’ll give average investors access to possibilities that were previously exclusively available to venture capitalists and high-net-worth people.

It will serve as a link between investors and projects, decentralizing the investment landscape. The increased usage of launchpads, in general, has shifted the crypto sphere significantly, making investments easier, quicker, and more dependable.

Read Entire Article
Tags: BlockchainCoin SurgesCryptocurrenciesMarket StoriesnewsbtcTrading
Share30Tweet19
wireopedia memeber

wireopedia memeber

Recommended For You

South Korea Starts To Define Cryptocurrencies As Legislation Approaches

by wireopedia memeber
February 6, 2023
0

South Korea is on its remarkable journey concerning blockchain developments and legislation On Monday, South Korea’s Financial Service Commission (FSC) noted that the blockchain-based tokens

Read more

Oxford PhD Student Jailed For Defrauding Investors Of $2.6 Million In Crypto

by wireopedia memeber
February 6, 2023
0

Cryptocurrency crimes are becoming prevalent and law enforcement agencies are on their toes to crack down on bad players and bring them to book  The British Royal Court...

Read more

On-chain Activity On BNB Chain Grew In Q4 Amid Market Downtrend: Messari

by wireopedia memeber
February 6, 2023
0
On-chain Activity On BNB Chain Grew In Q4 Amid Market Downtrend: Messari

The latest report from Messari researcher, James Trautman, revealed that BNB Chain recorded an increase in on-chain activity contrary to bear market trends According to the report, it...

Read more

Dash Price Prediction As DASH Targets 35% Gains To Record New Range High

by wireopedia memeber
February 6, 2023
0

DASH, like many other tokens in the crypto market, started the year with a bullish sentiment that inspired hope among investors The token rose 52%

Read more

What is cyberpunk: A beginner’s guide to the sci-fi genre

by wireopedia memeber
February 6, 2023
0

Cyberpunk is a subgenre of sci-fi that explores a dystopian future with advanced technology, where the line between man

Read more
Next Post

Freida Pinto Says Childbirth Was Like A "Little Appetizer" To Her Postpartum Journey

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related News

The Ukrainians hiding tanks in the woods and stealing vehicles from Russian forces

June 19, 2022

Meta-Marriage: Decentraland hosts first Metaverse wedding

February 7, 2022

Sorry In Advance For How Hard This Will Be, But You Can Only Pick One Selena Gomez Look Per Year For The Last 10 Years

November 21, 2022

Browse by Category

  • Blockchain
  • Breaking News
  • Business
  • Crypto
  • Crypto Market
  • Cryptocurrency
  • Defense
  • Entertainment
  • Finance
  • Health Care
  • Investing
  • Market
  • Politics
  • Strange
  • Technology
  • UK News
  • US News
  • World
WIREOPEDIA

Wireopedia is an automated news feed. The Wireopedia AI pulls from sources with different views so you can see the various sides of different arguments and make a decision for yourself. Wireopedia will be firmly committed to the public interest and democratic values.

Privacy Policy     Terms and Conditions

CATEGORIES

  • Blockchain
  • Breaking News
  • Business
  • Crypto
  • Crypto Market
  • Cryptocurrency
  • Defense
  • Entertainment
  • Finance
  • Health Care
  • Investing
  • Market
  • Politics
  • Strange
  • Technology
  • UK News
  • US News
  • World

BROWSE BY TAG

Bitcoin Bitcoinist Bitcoinmagazine Blockchain Blockonomi Breaking News Business BuzzFeed Celebrity News Coin Surges Cointelegraph Cryptocurrencies Cryptoslate Defense Entertainment Health Care insidebitcoins Market Stories newsbtc Politico Skynews Strange Technology Trading UK US World

RECENT POSTS

  • Ski guide and snow plough driver among at least eight killed in Alps avalanches
  • Former Newcastle United star among missing following Turkey earthquake
  • Bored Ben Affleck, blushing Adele and unrecognisable Madonna – the seven best bits of the Grammys
  • South Korea Starts To Define Cryptocurrencies As Legislation Approaches
  • Oxford PhD Student Jailed For Defrauding Investors Of $2.6 Million In Crypto

© 2022 WIREOPEDIA - All right reserved.

No Result
View All Result
  • Home
  • Breaking News
  • World
  • UK
  • US
  • Entertainment
  • Business
  • Technology
  • Defense
  • Health Care
  • Politics
  • Strange
  • Crypto News
  • Contribute!

© 2022 WIREOPEDIA - All right reserved.

  • bitcoinBitcoin(BTC)$22,871.00-1.46%
  • ethereumEthereum(ETH)$1,631.49-1.43%
  • tetherTether(USDT)$1.000.00%
  • binancecoinBNB(BNB)$328.17-0.30%
  • usd-coinUSD Coin(USDC)$1.00-0.03%
  • rippleXRP(XRP)$0.399076-1.30%
  • binance-usdBinance USD(BUSD)$1.00-0.08%
  • cardanoCardano(ADA)$0.391016-0.66%
  • dogecoinDogecoin(DOGE)$0.091759-1.34%
  • okbOKB(OKB)$43.961.85%
  • matic-networkPolygon(MATIC)$1.21-1.33%
  • solanaSolana(SOL)$23.15-2.79%
  • shiba-inuShiba Inu(SHIB)$0.000014-2.01%
  • staked-etherLido Staked Ether(STETH)$1,626.54-1.52%
  • polkadotPolkadot(DOT)$6.67-0.23%
  • litecoinLitecoin(LTC)$96.68-0.70%
  • avalanche-2Avalanche(AVAX)$20.13-1.41%
  • tronTRON(TRX)$0.063495-1.92%
  • daiDai(DAI)$1.000.02%
  • uniswapUniswap(UNI)$6.81-2.80%
  • cosmosCosmos Hub(ATOM)$14.39-1.43%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$23,024.00-0.64%
  • chainlinkChainlink(LINK)$6.98-1.02%
  • bitcoin-cashBitcoin Cash(BCH)$133.64-1.17%
  • stellarStellar(XLM)$0.091478-0.65%
  • crypto-com-chainCronos(CRO)$0.080667-1.78%
  • nearNEAR Protocol(NEAR)$2.36-1.73%
  • filecoinFilecoin(FIL)$5.28-0.87%
  • algorandAlgorand(ALGO)$0.257719-1.34%
  • vechainVeChain(VET)$0.024100-2.17%
  • axie-infinityAxie Infinity(AXS)$10.96-0.84%
  • elrond-erd-2MultiversX(EGLD)$44.98-1.16%
  • terra-lunaTerra Luna Classic(LUNC)$0.0001851.54%
  • compound-ethercETH(CETH)$32.65-1.68%
  • terrausdTerraClassicUSD(USTC)$0.0323740.34%
  • ftx-tokenFTX(FTT)$1.91-20.60%