DeFi Reviews

TonUp Review: The First Launchpad Platform On TON

TonUp revolutionizes project launches in crypto by providing a seamless platform for fundraising, token distribution, and community engagement. As TON’s first launchpad, it offers projects a chance to access a vibrant ecosystem for innovation and growth in blockchain.

What is TonUp?

TonUP stands out as the first launchpad platform on the TON blockchain, dedicated to supporting new projects and providing a secure investment environment for investors. Its core strengths lie in offering safety and transparency for token transactions and meticulously vetting projects before listing, ensuring a high standard of quality and fairness.

Supported by key players like TON Foundation and TONcoin.Fund, and ForesightX, this project has quickly gained recognition within the community since its establishment in August. Its strong technical team, execution capabilities, and marketing efforts have contributed to its success, even during market fluctuations.

Read More: Top 10 Best Crypto Telegram Bots In 2024

Main Feature of TonUp

The main features encompass a range of unique benefits for investors:

  • Supporting and Promoting Investments: prioritizes providing maximum support for investment activities, creating accessible, safe, and profitable conditions for a diverse range of TON investors.
  • Pre-Launch Project Evaluation: The launchpad conducts comprehensive assessments of each project, considering economic models, team capabilities, and community scale to ensure successful launches.
  • Safe Token Sales: Provides a secure and reliable platform for participating in token sales, leveraging TON Blockchain’s smart contract functionality to ensure transparent and fraud-free transactions.
  • Enhanced User Experience: Designed with users in mind, it offers a user-friendly interface and intuitive navigation for a seamless experience.
  • Expert Advisory Board: A specialized advisory board with experience in blockchain, finance, and technology for evaluating and guiding project development.

How Does TonUP Work?

TonUP leverages the smart contracts of the TON blockchain to offer a secure and transparent platform for cryptocurrency investors. By automating processes and eliminating intermediary intervention, the project’s smart contracts reduce the risk of fraud, ensuring transparency and compliance in all transactions. This empowers investors to seize opportunities at the optimal time and optimize their investment portfolios securely.

Participate in the IDO process:

  • Connect wallet
  • Sign the Terms
  • Review IDO Information
  • Enter the Participation Amount & Confirm the Input Number
  • Claim Token at Specified Time

Tokenomics and Use Case

Token metrics

  • Ticker: UP
  • Total supply: 100.000.000 UP

Token allocation

  • IDO: 1%
  • IEO: 1.5%
  • Strategic round: 10%
  • Private round: 10%
  • DAO: 30%
  • Ecosystem: 4%
  • Team: 10%
  • Advisors: 3%
  • Incentives: 15%
  • Liquidity: 5%
  • Marketing: 10.5%

Use Case

  • Priority purchase rights: Investors can gain priority purchase rights or receive more tokens by participating in an IDO on the TonUP launchpad platform with UP tokens.
  • Governance participation rights: UP token holders may be able to vote on the TonUP launchpad platform, influencing decisions like project listings.
  • Staking: Users have the option to stake UP tokens in exchange for rewards.

Where to TonUP?

Currently, investors can buy or sell UP tokens on the following exchanges:

  • CEX: Bitget and MEXC
  • DEX: STON.fi

Team and Investors

Team

Currently, information about the team has not been disclosed.

Investor and partners

The TON Foundation has allocated 250,000,000 TON to invest in TonUP for the platform’s development. Additionally, the launchpad has secured investments from multiple funds, including Foresight Ventures, MEXC Ventures, Antalpha, and others.

The Roadmap of TonUP

  • Q3, 2023: Launch mainnet and successfully conduct IDOs with impressive performance levels.
  • Q4, 2023: Complete Whitelist feature and Token Generation Event (TGE).
  • Q1, 2024: Introduce Grants Program and release USD+ token.
  • Q2, 2024: Release LBP and initiate the mining program.
  • Q3, 2024: Implement governance through DAO.
  • Q4, 2024: Launch TonUP Earning platform.

Conclusion

TonUP stands out as one of the most notable projects in the TON ecosystem. It is the first launchpad platform with significant potential, and the TON Foundation provides investment and development support.

CoinCu rates this project as promising for sparking a wave of new projects on TON, offering the highest ROI for users within the TON ecosystem.

Vincent

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